What's all the fuss about trade show marketing?
by: Carlo Seta
Originally printed in the Cincinnati Chamber of
Commerce Chambervision Publication.
What's all the fuss about trade show marketing? It
seems that I have heard all of the myths about trade
show marketing: "trade shows don't work!", "trade shows
are too expensive!","I can't afford to have my sales
staff out of the field that long!" The surprising fact
is that trade show marketing, if done correctly can
be an extremely effective marketing medium.
Can you name another type of marketing where prospects
actually pay to see what your company has to offer?
Not to mention one that allows your sales staff to
see thousands of qualified prospects in just a few
short days.
Think about the following statistics:
 |
76% of trade show attendees come
to buy with definite needs in mind and a plan
to purchase.
|
 |
84% specify or have the final
say in purchasing for the companies they represent.
|
 |
54% of leads generated at trade
shows take on average less than 1 sales call
to close. |
Have I gotten your attention? If not consider that
83% of this group has never been exposed to your products
or services. These statistics are staggering! So why
is there so much mystery regarding trade show marketing?
The truth is that exhibiting at a trade show is vastly
different from any other type of marketing you will
encounter. If you are not prepared you could waste
much of your time, money and resources. Below I have
listed a few small tips that could pay off big at your
next trade show:
Planning Industry experts recommend using a 16 week
planning cycle for an effective exhibition. To receive
an outline planning guide via e-mail send your request
to
info@integratedexhibits.com.
Goal Setting
I'm constantly amazed that my clients don't set specific
goals for before exhibiting. They typically can't tell
me why they go to trade shows and what they expect
to achieve.
Set specific goals! For a 10' x 10' booth space 4-6
qualified leads per hour is a good start.
Show Selection
According to CEIR (Center for Exhibition Industry Research)
there are nearly 4300 trade shows in the U.S. every
year. How do you determine what shows fit your needs
and if they are worth attending? Start with a directory
that lists the current shows in your industry. Try
the directory of Trade Shows & Exhibits Schedule
(reference section of the downtown library) or the
web directory at expoguide.com. Here you will find
a current listing of shows and hopefully a show profile
(If the management of a show cannot give you an accurate
profile of attendees you should probably look elsewhere).
The profile will tell you the type and number of attendees
as well as the type of exhibitors. Look for other important
information such as the demographics of attendees,
and how many of last years exhibitors will be returning.
Exhibit Design
Keep in mind that your exhibit will have less than
3 seconds to grab your prospects attention so the graphic
image must clear and focused. Beware the tendency to
say too much on the exhibit, this can cause confusion
and lose a prospects attention. Use large format powerful
images that will stop your attendees. Be careful not
to set up barriers that will keep prospects from entering
your booth space. Design your exhibit from the attendees
perspective. Make it easy for them to do business with
you.
Salesmanship at the Show
Selling at a trade show is very different from the
traditional sales environment. Booth staffers must
quickly qualify and gather prospect information to
keep up with the sheer numbers of prospects they will
see. Spending a long period of time with wrong prospect
can cost you big when you consider that most prospects
will not wait to speak to a sales representative. Don't
simply pass out literature because most will be thrown
into a bag and never read. Trade show marketing is
a lead gathering medium so design a lead generation
card that will help keep track of the hot prospects.
Most importantly ? follow up, follow up, follow up.
Incredibly nearly 80% of the leads generated at trade
show are never followed up. It is crucial to put in
place a system that will get those hot leads to the
field quickly so they can be turned into sales.
Carlo Seta is the President of Integrated Exhibits.
Integrated Exhibits specializes in the design an manufacturing
of trade show displays and graphics, for more information
please call 513-281-6004.