The short answer
They create pipeline when you pick the format against the stage of the deal, and they burn money when you do not. A conference fills an awareness gap. A dinner for eight to fifteen senior people unsticks late-stage deals, costs somewhere between 8,000 and 25,000 dollars, and buys you ninety minutes of real conversation. A webinar nurtures. A customer summit drives expansion. Decide the format from the job, put a forecast pipeline number on it before you approve it, and measure named-account engagement rather than badge scans. Concentrate on a few cities rather than touring, and let customers host rather than doing it all yourself. In India, the strongest version of this has been community-run rather than vendor-run, which is a large part of why it works.