Meet the CEO
Reinventing RX Events
10 questions with Hugh Jones
Hugh Jones is Chief Executive Officer of RX, part of RELX. In a normal year, the business runs about 254 events, across 42 industry sectors and in 22 different countries.
Hugh joined RX as CEO in February 2020, and within a month, was facing the implications of the global Covid pandemic. The business, like many others, was seriously impacted. But three years on, recent shows are now performing on average better than their pre-Covid versions. RX’s face to face events and brands all have digital and data tools and platforms.
We took a moment to ask him about how he is leading RX towards better, smarter events. You can also listen to this story in this episode of the RELX 'Unique Contributions' podcast.
1How are you and RX emerging from the havoc of the Covid-19 pandemic, over the past three years?
"During the pandemic, no one could have predicted how long it was going to last, or how it would open and close various markets. And it was difficult. It was a nightmare for me and for our staff. But you had to get beyond it and get beyond it quickly. I joined RELX in 2011, so I knew a lot of people within the business already. I had the benefit of knowing who to call when things got tight, and that was really helpful. There is a team of people at RELX that were absolutely a part of making it a success, and they were with me every step of the way."
"These days, as we emerge from the pandemic, all that trouble has turned into something quite powerful. My staff are willing to make big bets and there is very little trepidation. In fact, I would argue that within the divisions of RELX, the RX staff right now are fearless. We are fearless."
"We are fearless."
"There is a great sense of pride. You can imagine why - we are ready to come out the other side and see what we have created - given what we all went through. We are ready to embrace the world with our magic and our shows. You can see it. Any show you go to, you will see it."
2You are in the business of building businesses for individuals, communities, and organisations. Can you talk us through how you are supporting customers in their own businesses, as they navigate a challenging post Covid environment?
"We do go to market saying that we are in the business of building businesses, and we mean it. That is what we do. We are here to make the world a better place by embracing that idea of building businesses."
"Our customers, which are both visitors to trade shows but also our exhibitors, are losing their fear of Covid. Yet, you must think about what has happened. They lack pipeline and they lack supply chains. Their databases, digital databases and marketing have been significantly degraded. All costs, energy costs and costs of personnel, have risen where margins are tight. Covid is fading and our customers are desperately trying to build their business, and that is what we are here to do. We try to create an environment where that happens."
"The figures that I see from some of the shows we are creating, they simply speak for themselves. The shows that we have put on in the last 60 days in May and June 2023, have performed on average better than their versions pre-Covid. That is a big deal. I mean, that is a monster statement."
3Is this pent-up demand a one shot or do you see this being a reinvented, better version of face to face events?
"I think that there is pent up demand. If you have not been on the world stage and you think you are losing competitive edge, you definitely want to go to a trade show to tell the world you exist. It is just our job to translate pent up demand into renewals. That is what we do."
"It is just our job to translate pent up demand into renewals. That is what we do."
"It is also true that in tightening budget times, you want to spend your resources where you will get the biggest bang for your buck. A trade show is a great way to spend it. You could have a marketing campaign, or you could go on the radio, or buy Facebook clicks. Alternatively, you could go to a trade show and meet people who are already pre-screened ready to do business with you. It is a pretty good return. I think that as marketing dollars get scarce because of margins, trade shows are finding themselves to be the beneficiaries of that spend."
4There have been key things that have happened during the past three years that you have implemented, and that you are steering your team toward. What is the general future direction of the growth that you have planned for your team and for your customers? What is your long-term strategic direction and where do you see growth opportunities?
"For us, it is really important to make sure that our customer’s needs are filled. For example, our exhibitors are keen to rebuild their databases, engage on a world stage and meet new buyers. They have also been innovating for the past three years in a bubble and are keen to show the world that they exist; to show that they are coming out in a far more powerful position. If that is the case, what do we do to capture that?"
"We started three years ago building smarter events. It is no longer possible or efficient to walk into a big trade show and look at stands and pass out your business card. Gaby Appleton, Chief Digital Product Officer at RX, explains it with a great story:"
"Before the smartphone, when looking for a restaurant, you might have wandered up and down the street, looked in the windows, checked the menus, and with any luck made a good choice. Your order would have been written down and that piece of paper would have migrated into a kitchen. Which hopefully ended with you getting your food. Today you search for, review and book restaurants online instead. You order via apps or by scanning QR codes. Your orders are taken on an iPad and you pay with your mobile phones. Although eating out in restaurants remains a cool, physical, visceral and enjoyable experience, the process around it has been totally digitised. Restaurant owners gain opportunities to serve their customers better, and valuable data and insights to help them run their businesses more efficiently."
"This is a great way to think about what we are doing to trade shows. We are trying to create a world where that transformation occurs."
5Can you talk us through some of your digital tools and recent innovations and give us specific examples on how they are improving the customer experience?
"We have an innovative smartphone app called Emperia, which allows exhibitors to capture data quickly and reliably, such as who is coming to their stand. It captures their contact details, what product they are interested in and who they are, well in advance of the show and during the show. It is super easy to use. In our last show, we had 100 percent usage."
"We can also capture who the visitors are and what they think is cool or not cool to them; we can see those interactions. As a result, exhibitors can create interesting dashboards to show what type of person is coming and what type of products they are interested in. You can even show how you are doing at the trade show and how your competitors are doing at the trade show in real time. You can benchmark yourself against the competition, right there and then. Ultimately, you can get actionable insights to improve your event performance."
"Ultimately, you can get actionable insights to improve your event performance."
"If you are a visitor, trade shows are big places. Therefore, imagine when you walk in and as a visitor you can scan things based on your activities and likes. Then in real time, we might suggest "If you like that, why don't you go and see this person who has time to meet you at four o'clock. We think based on your activity you would like to meet them." And again, we recommend another and another. What we are trying to do is much more than a big hall with exhibitors, visitors and business cards. We are trying to make every single step that a visitor takes useful."
6RELX is a big user of artificial intelligence (AI) and machine learning, and is now working with generative AI. How do you think your industry and RX will be impacted?
"There are a lot of ways it unlocks value: for one, people want and expect personalised experiences. AI aids our product development to offer real time recommendations to buyers and sellers about who to meet based on their behaviour at the show. It aggregates and improves product and customer information, so you can imagine all the SKUs at a trade show. You are talking about tens of thousands, almost impossible to get your human brain across, but lean on us and let us help you."
"But also, if you have a question, or you need an avatar to guide you through a trade show, using AI will accelerate all of that. It will accelerate the obvious things like customer support capabilities and understand your profile and an exhibitor’s profile. Yet, it does even more than that. It then allows you to place one foot in front of the other in exactly the right direction every single time."
7Since RELX is already a big user of AI, does RX benefit from belonging to RELX?
"Artificial intelligence, as we know, is nevertheless still an expensive and a very sophisticated process. RX has acquired the resources and capability expertise quickly due to being part of RELX: we have several advantages and benefits of being part of the family, that none of our competitors have. For example, the digital strength, depth and talent that we get to lean on. RELX has over 10,000 technologists and we do lean on them quite a bit."
"At RELX, we get to lean on some of the very best."
"The RX dashboard which shows how you are doing as an exhibitor versus your competitors, leverages learnings from similar platforms from other parts of RELX. The digital work that goes on in our business-to-consumer (B2C) shows like Comic-Con benefit from ScienceDirect's user journey experience and user behavioural analytics. We also use Cirium's carbon emissions calculation, another RELX business, to determine the CO2 impact of participants' travel. As well as, Risk’s ability to screen and make sure that the people coming to our shows, are in fact the right people who should go to, or exhibit at our shows. We really get to take some shortcuts. At RELX, we get to lean on some of the very best."
8How has the team held up through all this? I know you have got people absolutely in every corner of the world, it must be challenging.
"Well, it is challenging. I think the important element to remember here is that the people who work at RX are brilliant tacticians. They are excellent in a crisis. They are tactical geniuses. Think of what it takes to put on a show with 10, 40, 50 or 120,000. People think of everything. Whether it's catering, security, anti-terrorism, or queue management. When they are confronted with a problem, here at RX we like to say: When we hear the word no, that's when the adventure starts."
"And it is just like that. That is the way we think. Every single show will have some drama. Every show. The air conditioning could all go down. The fire department shows up and says your aisles are not wide enough, and you would have to close. And yet, when we hear the word no, that is when the adventure begins."
"When we hear the word no, that's when the adventure starts."
"The team at RX are problem solvers. Plus, we are really, really good at it. It is humbling to be around such talent. I have seen them in action, where you would think people would crawl under a desk and hide. Yet, the folks at RX will stand up and be proud and say, “I've got an idea, why don't we try this, or this, or this.” It is something to be proud of. It is throughout RELX. But here at RX you see it every single day."
9 We cannot talk about the transformation of RX through this Covid and post-Covid period without talking about ESG. You have made some significant commitments. Tell us a little bit about it, and what things you are going to accelerate this?
"We co-founded an events pledge alongside the Global Association of the Exhibition Industry which commits us to reduce our show emissions and make sure we achieve net zero by 2040. We are rapidly progressing along this."
"The first thing to do is ensure emissions are measured well. So, we will go to exhibitions venues that can measure our greenhouse gas emissions. The other thing to do is to reduce emissions. Shows are changing and the materials that we use to build stands are very different now. They must be reusable. The future of shows will be more digital, with walls that can be used in a few different places. Walls like Lego - little building blocks that can be taken down and then popped up again in another show - so they do not get thrown out. Also, carpets and carpet technology. It used to be you would carpet the whole place. Now you do not carpet the whole place. You also do not use the same material for carpeting."
"In addition, the types of venues that we use are changing. If you are powering your venue in a way that is not able to be offset, you are going to find fewer shows that big players like RX will actively choose it, based on your carbon footprint. And that is significant."
"We launched our new sustainability playbook for RX to not only teach ourselves what to do at a show, but to teach others in the industry exactly what we can do. It is important to understand this: the trade show industry is in part a carbon consolidation event. If you go to a trade show and you have 30 meetings, you have one plane ticket. If you have to go to 30 meetings around the globe, you have a lot of plane tickets."
"We are really using our industry leadership to lower Scope 1 and Scope 2. We do expect the future to be Net Zero or at least partially offset. That means we need certainty that visitors and exhibitors are offset. Not only what happens at the show, and not only what happens within the walls of RX, but all of the external factors will need to be mitigated."
10Would you care to predict a couple of interesting changes that you can see in the exhibition business for the next five to ten years?
"Fewer people will go to exhibitions, but more people will have bigger buying power. What I mean by that is because of ESG conflicts, carbon footprints and tightening spend on business travel, the idea of business tourism - you get to do this job, if you do it well, you get to go to the fun trade show - that will probably die out. More senior people will go to the trade shows and they will be coming with very senior points of view to do big business. You might not send 50 people to a trade show as a bit of a perk, you might send 10 instead."
"Seeing full trade shows and not being able to see what used to be carpet beneath their feet, is no longer a good barometer of a good trade show. A good trade show's barometer is not how many square metres an exhibitor takes. The barometer is how much business is done. There will still be fun and networking, but that will change. The face of trade shows will change to be a more serious place where business is done. That is for sure."
"It is our duty as a trade show not to put on the same old show every single year, but to place the bets and show the industry what is coming, what is new and what we should pay attention to."
"The other change is that trade shows will take more and more risks to show industries what lies ahead, whether it is AI or ESG. It will be our duty to lead the industries to say what is new in hospital technology for hospitals of the future, or gems within lab gems. It is our duty as a trade show not to put on the same old show every single year, but to place the bets and show the industry what is coming, what is new and what we should pay attention to."
"And that is our duty. That is how we build their businesses."
11Lastly, one bonus question. Tell us a little bit about yourself? You joined RELX in 2011 from your previous business, and then you made this significant pivot. But this is not your background. Your background of energy and enthusiasm has not changed, but the industry has.
"Yes, that is true. I did not have a background in Exhibition's. My background was in software and data analytics, which I used in the Risk division of RELX. I think it was useful because walking into exhibitions where we really did not have a centre of excellence digitally, was to me a big, open playground of fun. I knew that the data was there to be captured, harvested, and then monetised. I knew if it was harvested well, we would be able to create more value for our customers. I knew how the movie was going to end."
"For me, I did not know what to do if the fire department showed up and said, "we are going to shut you down". I did not know that. Plus, I did know what to do about data and software, security, and privacy. But I could learn that by the great people around me. They taught me what they knew. I could use what I knew, while leaning on my good friends here. As a result, we created a big team together. Any show, any show, it does not matter. Every show is inherently fascinating if you take the time to learn the business."
"Any show, any show, it does not matter. Every show is inherently fascinating if you take the time to learn the business."