I learned about speaker sensitivity and power handling by example long ago. Back in the late ‘70s, I installed my $29.99 below-dash cassette player from Radio Shack and needed a couple of 6" by 9" speakers for the back dash of my trusty ’71 Chevy Nova. Because I was a high school senior saving most every penny for my future electrical engineer school tuition, the then popular 30-watt co-axial 6" by 9" speakers were both pricey and over-spec for my lo-fi 4-watts per channel at 4-ohms player. So I managed to scrounge up two 6" by 9" speakers from a junker Magnavox console TV set.
The speakers were stamped on the Alnico magnet assembly with 5-ohms and 5-watts, and looked to be a better match for my 4-watt amplifiers. My intuition told me that these speakers should be more efficient (sensitive) since they would give all they had at about five watts, while I suspected the 30-watt version would not necessarily give me six times the acoustic power, even if I purchased a 30-watt power booster unit. The auditionable result confirmed my suspicions, and I had plenty of thump coming from the back dash. So much that the image in my rear view mirror blurred to every kick drum and bass note played through the system.
From frugal student to soundman curmudgeon, I still get incensed about speaker cabinet specsmanship when I look at a broad range of sound reinforcement speakers and their sensitivity ratings. In general I see low to upper 90s (dB SPL at 1-watt and 1-meter) for the MI offerings, and upper 90s to mid-100s for the touring rigs.
I know it is not all black and white when it comes speaker sensitivity for MI or touring grades. Obviously long throw cabinets and horn loading will add a couple dB in the calculation. But even when you level the field on enclosures with direct radiating low-frequency drivers and wide coverage angles, there still is a difference. After all, the touring guys can afford super-sized amplifiers and can tolerate a little less speaker cabinet efficiency, compared to the weekend warrior musicians and the ankle-biting club-dwelling soundcos.