There’s no universal ROI stat for trade shows. That 4:1 number you’ve seen floating around? It can’t be traced to any credible source.
We looked. It doesn’t exist.
Because of how complex trade show ROI is to measure, no single number tells the full story. But after digging through dozens of sources, we found that the most credible and relevant data comes from CEIR (Center for Exhibition Industry Research).
These curated stats won’t give you a guaranteed ROI, but they do show why trade shows remain a profitable, high-leverage marketing channel. There’s no promise of payoff, but there are strong signals that the opportunity is real.
What do these stats tell us about ROI?
- Decision-makers are in the room
- Buyers show up with intent
- You get face time you can’t get anywhere else
If you’re trying to evaluate whether trade shows are worth it, this is the data that matters.
46% of attendees are in executive or upper management.
45% of attendees go to only one exhibition per year.
92% of attendees say seeing new products is their #1 reason for attending (a consistent trend for 25 years).
99% of marketers say trade shows offer unique value vs. other marketing channels.
78% of attendees travel over 400 miles to attend, showing national reach.
81% of trade show attendees have buying authority.
39.2% of B2B marketing budgets went to exhibitions in 2011, the largest share of any channel.
All statistics sourced from CEIR (Center for Exhibition Industry Research) studies.
Trade Show ROI: Lessons From a 1983 HBR Study
Back in 1983, Harvard Business Review asked a simple question: Do trade shows actually work?
The answers weren’t clear-cut. Companies were spending millions (one company spent over $1 million on a single show), but had no standardized way to measure ROI. Still, what the study uncovered holds up: the value of trade shows isn’t just in leads. It’s in leverage.
HBR outlined two sides of ROI:
- Selling ROI: lead generation, access to decision-makers, and relationship-building
- Nonselling ROI: brand credibility, competitive insights, team morale, and customer feedback
Most marketers only track the first. The smart ones build strategy around both.

Some standout numbers from the time:
- Trade show spending in 1979 topped $6 billion, more than all magazine, radio, and outdoor advertising combined
- The average cost per booth contact was $60, less than half the cost of a sales call
- Industrial companies were spending up to 25% of their non-sales marketing budgets on trade shows
Even four decades ago, the best companies knew the ROI of trade shows wasn’t just what you could count. It was what you could capitalize on.
Why Trade Shows Work: 3 Factors That Move the Needle
Average trade show budget according to industry professionals in the United States from 2020 to 2023
Source: Statista 2023
Even after a historic pandemic dip, the average trade show budget rebounded to $1.37 million in 2023, proof that marketers are still betting big where the ROI signals are strongest.
If trade shows didn’t work, marketers would’ve pulled the plug years ago.
Instead, the average budget just hit $1.37 million.
Why? Because the smart ones know ROI isn’t about spreadsheets. It’s about signal. And the signals here are strong.
Here’s what actually drives results:
1. The Room Is Full of Decision-Makers
- 46% of attendees are executives or upper management
- 81% have buying authority
- 45% go to only one show per year
You're not chasing junior reps or collecting business cards for the CRM graveyard. You're face to face with budget owners. Many of them only attend one event a year. Miss that, and you miss them for good.
2. The Buyers Are Warm. Really Warm.
- 78% travel over 400 miles to attend
- 92% say their number one reason is to see new products (a trend steady for 25 years)
These people aren’t just browsing. They’re evaluating. If someone flies cross-country just to walk your aisle, they’re serious. They’ve budgeted time and attention, which are two of the hardest things to earn in B2B.
3. The ROI Isn’t Always Measurable, but It’s Obvious
- 99% of marketers say trade shows offer unique value
- In 2011, 39.2% of B2B marketing budgets went to exhibitions (the largest share)
You may not walk away with a spreadsheet full of CAC-to-LTV ratios. But marketers keep investing because the outcomes - brand positioning, pipeline acceleration, direct access - are hard to replicate anywhere else.
The Real ROI Isn’t a Number. It’s the Opportunity.
Trade shows aren’t just another line item in a lead-gen budget. They’re high-concentration, high-intent environments where decisions happen fast, relationships start strong, and visibility turns into momentum.
You won’t find a clean ROI ratio that tells the whole story. And that’s the point. The value isn’t just what you can measure. It’s what you can unlock when the right people are in the right room for the right reasons.