GoGather Blog

How your franchise convention positions your business for success.

Written by Katie Moser | Dec 19, 2024 11:13:52 PM

Many things factor into a franchise’s success, but an annual convention is something that can help take a business to the next level.

In fact, data indicates that franchisees who attend conventions experience significant sales growth, often achieving double-digit increases compared to those who do not attend.

So should you host a convention? Let’s dive into the five reasons why you should be prioritizing in-person connections in 2025.

1. Build connections and community.

A franchise convention fosters a sense of belonging among franchise owners and corporate teams. 

These events create invaluable opportunities for networking, enabling attendees to exchange ideas, learn from one another, and build lasting relationships. 

There’s nothing quite as powerful as a new franchisee connecting with a seasoned owner, gaining insights into best practices and navigating challenges. These relationships aren’t just good for morale—they strengthen the entire franchise network.

2. Strengthen franchise and vendor partnerships.

A franchise convention is also a key opportunity to build and strengthen relationships between franchisees and vendors. Vendors often showcase products, services, and innovations that can directly benefit franchise owners. 

For example, a supplier might demonstrate a new point-of-sale system that simplifies transactions or a marketing partner could demo tools for localized advertising. These interactions give franchisees direct access to resources they might not have encountered otherwise, helping them make informed decisions to enhance their operations. 

Moreover, fostering strong vendor relationships can lead to better pricing, exclusive offers, and a more integrated support network for your franchise.

3. Enhance your brand.

Your convention is the ultimate platform for reinforcing your brand’s identity and values. 

Once attendees step into the venue, every detail—from signage and event materials to presentations and videos—should reflect your brand’s story. When executed effectively, this cohesive branding aligns attendees with your vision. 

A strong brand presence sets the stage for consistent customer experiences across all locations.

4. Share knowledge and drive innovation.

A franchise convention is a unique opportunity to educate and empower your franchise owners. 

Every stage and session you host allows you to share insights into market trends, operational best practices, and new technologies. Franchisees who leave the convention with actionable knowledge are better equipped to drive success in their own locations.

5. Measure real business success.

A well-executed convention is an investment. Success can be measured in tangible and intangible ways. Look for metrics such as:

  • Franchise growth: Increased interest in new locations or expansions following the event
  • Attendee satisfaction: Feedback through post-event surveys or discussions
  • Sales outcomes: Franchisees implementing what they learned to drive local sales

 

The path to long-term success.

By fostering community, enhancing branding, sharing knowledge, and measuring outcomes, you set your franchise network on a trajectory of growth and innovation. 

Investing in a thoughtfully planned convention builds a foundation for sustained business growth. Let’s chat about how GoGather can help you organize your first (or next!) franchise convention.