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Trade
Shows and Event Marketing
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Title/Author
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Article
Summary |
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What makes one tradeshow
exhibit memorable and another so-so? What can exhibitors do
to get attendees talking after the show? What can motivate
visitors who may have had no previous intention of visiting
your booth decide that they definitely have to stop by?
[Click
To Read/Close Article]
Entertainment!
According to tradeshow research, live presentations are the
third most important reason why people remember the exhibit.
Numbers one and two? Booth size and product interest. If you've
got a limited exhibiting budget, hiring entertainment may
be a cost-effective way to attract attention to your company
without springing for the larger, pricier display space.
What
are your options?
Entertainment options at tradeshows are
almost endless. Any form of live presentation can work, including:
.
staged product demonstrations
. theatrical skit
. magician
. game show
. choreography
. video
. audio
. robot
. singers or musicians
The key is to have entertainment that
acts as an integral part of your marketing message. To do
this, you need to know a few things:
. What type of entertainment
will appeal to your target audience?
A robot that dispenses
free samples might go over big at a tech show but fall flat
at a pet care industry show. Conversely, those wired types
might be more puzzled than pleased by a troop of trained terriers.
Know your target audience.
. How much product information do
you want to convey via the entertainment?
Some entertainment
formats are better than others for educating attendees about
your products and services. Product demonstrations, especially
those that draw participants from the audience, are a great
way to get the crowd focused on what you're selling. Other
acts focus on simply getting the company name and logo out
there, such as a magician who uses the company's name as the
'Magic Word'.
. What is your corporate image?
Any entertainment
you select should positively reflect your company's image.
This goes beyond a Western Wear company selecting a country
singer to entertain the crowds -- attendees will hold you
to a higher standard than that. Research the acts you're proposing
to hire. Some acts may not be appropriate for mainstream companies
-- ask to see a video of an average performance and ask yourself
how would your customer base view the images.
With those questions
in mind, decide what kind of entertainment you'd like to have
and who will perform for the crowds. If you've decided on
live product demonstrations, you may be able to use your own
staff members, but other than that, you're generally better
off hiring a pro.
How to Make the Most of Your Money
Hiring
a professional entertainer is an expense. Ensure you get your
money's worth by doing the following:
. Identify how the presentation
helps achieve your goals -- let the entertainer know clearly
what you expect for them to do.
. Create promotional activities
centering around the entertainment. From pre-show direct mailings
to on the floor interactions with attendees, make frequent
mention of the event and have an incentive that will encourage
attendees to visit your booth.
. If your staff is not on stage,
find ways to involve them in the presentation. Use them to
gather the crowd or to capture and monitor pertinent information
during the presentation. Let them know it's okay to be enthusiastic
about the performance -- excitement is contagious, and you
want an excited crowd.
What to Avoid
Good entertainment is expensive,
bad entertainment can cost more than you will ever imagine.
Protect your company's image and reputation by avoiding the
following:
. Crass, rude, or offensive acts. There
are comedians who do very well with off color or hurtful humor,
but the risk of alienating large segments of your consumer
base by sponsoring one of these acts is too great.
. Under-dressed
entertainers. Scantily clad women and barely dressed men wiggling
provocatively have no place at most shows. In fact, the aggressive
use of "Booth Babes" has
been so off-putting that some shows are banning them all together.
Unless you're exhibiting an adult-themed show -- ie, one that
caters to the sex industry or some travel shows -- have your
entertainment keep their clothes on.
. Acts that are
clearly amateur. Tradeshow audiences are harsh. They won't
be tolerant of second rate acts. Hire the best you can afford
for better results.
Written by Susan
A. Friedmann,CSP, The Tradeshow Coach, Lake Placid, NY,
author: “Meeting & Event
Planning for Dummies,” working with companies to improve
their meeting and event success through coaching, consulting
and training. For a free copy of “10 Common Mistakes Exhibitors
Make”, e-mail: article4@thetradeshowcoach.com; website: http://www.thetradeshowcoach.com |
By
The Rocket's Red Glare: What Fireworks Displays Can Teach
Us About Tradeshows
|
Firework displays are a
traditional part of summertime celebrations. There's something
about them -- the noise, the color, the pyrotechnic glory
-- that resonates with crowds. According to some experts,
fireworks as we know them got started in the 10th century.
That means that this basic technology has been wowing spectators
for a very, very long time.
[Click
To Read/Close Article]
Yet when I attended a recent fireworks
display, I overheard a woman saying this:
"I don't know how they do it. Every
year it's the same thing, but they keep making it better somehow."
Wouldn't
every exhibitor love to hear that about their booth? It appears
that the fireworks companies have mastered what trade show
exhibitors often struggle with: presenting the same products
and services in a way that's new and exciting.
What can tradeshow
exhibitors learn from the pyrotechnic pros? The answers might
surprise you.
You can do a lot in a very limited time
Fireworks
are not an everyday event. Most people will see only one to
two fireworks shows a year, if that many. Performances are
measured in minutes, not hours. The vast majority of shows
-- industry estimates range close to 70%! -- are scheduled
in a two week period in the middle of the summer.
Yet, even
in this small window of opportunity exists the potential for
profitability. There are more than a few decent sized fireworks
companies out there, vying to show what a good show they can
produce. Most of these companies earn the lion's share of
their annual revenue during those hectic fourteen days.
These
companies know that it is make it or break it time, so they
pull out all of the stops. Extensive preparation is done.
Things are practiced until they're perfect. When it's showtime,
every team member does their best to ensure a flawless show.
Consider
applying that mentality to your tradeshow participation. How
would you approach exhibiting if you knew this was your only
chance to market all year long? What if 70% of your sales
had to come from trade show leads? What changes would you
make? How would you train your people?
Know what your audience
wants
Knowing what your target audience expects
and desires from you is crucial. The fireworks industry caters
to an audience that has certain expectations of a fireworks
display: loud noise, bright colors, technical brilliance that
also has an insatiable appetite for something new.
They
respond by adding new elements to the existing show: new
colors, for example, or shows synchronized with music. The
essential product has not changed, but it has been augmented
and improved.
Tradeshow attendees have certain expectations
of your booth, but they also want something new. How can you
add to or improve your products, services, or presentation
thereof to generate additional excitement around your display?
Understand
that Audiences Change
The customers you have today are not
the customers you had yesterday -- and they're definitely
not the customers you'll have tomorrow. Sometimes the changes
that occur in your target audience have nothing to do with
your products and services and everything to do with a seemingly
unrelated product.
For example: advances in high-definition
televisions have dramatically impacted the fireworks industry.
Forty years ago, no one was watching fireworks on television.
Now, increasing numbers of people are, as high-definition
televisions allow people to experience the beauty of the show
without the bugs, crowds, noise, or traffic.
Firework companies
have responded by creating brighter fireworks that deploy
at a lower height, easier for the television cameras to capture.
By working to meet the changing needs of their target audience,
fireworks companies are striving to remain relevant and entertaining,
rather than becoming a reminder of "what people used
to do on the 4th of July".
How is your target audience
changing? What recent developments have changed how they view,
use, and purchase your products and services? Is this reflected
in your marketing plan?
Connect with the media
In addition to the
television broadcasts, fireworks companies have been surprisingly
savvy about working with the media to promote their shows.
From simulcasting the show's music over local radio stations
(broadening the appeal to those viewers who are not at the
point of launch) to blogs detailing the work that goes into
a show to giving local media 'behinds the scenes' peeks at
the show in progress, there's a constant effort to keep their
name and company image in the public eye before, during, and
after the actual show.
Apply this to your tradeshow participation.
What are you doing to let attendees know they should visit
your display? What are your media outreach efforts during
the show? Does you stop sending press releases when the show
lights go off?
Fireworks and tradeshows have some interesting
points of comparability. With proper planning, promotion,
and performance, pyrotechnic experts and tradeshow exhibitors
can both get a lot of bang for their buck!
Written by Susan
A. Friedmann,CSP, The Tradeshow Coach, Lake Placid, NY, author:
“Meeting & Event Planning for
Dummies,” working with companies to improve their meeting
and event success through coaching, consulting and training.
For a free copy of “10 Common Mistakes Exhibitors Make”, e-mail:
article4@thetradeshowcoach.com; website: www.thetradeshowcoach.com |
Dirty Little Secrets: Five Things
Trade Show Attendees Don't Want You To Know
|
Look at there at the show
floor. Check out the attendees. They look ordinary enough
-- but they have secrets. Dirty little secrets that they'd
never tell anyone, not even under duress.
Successful selling
at trade shows depends upon two things. One is your products
and personnel: How good are your products and services, and
how well do your people represent them. The second has nothing
to do with you at all. It has everything to do with secrets.
[Click
To Read/Close Article]
Not
all attendees are the same, and not every buyer on the floor
shares these secrets. But most do, whether they'd like to
admit it or not. These secrets are strong unifying factors
that influence their buying decisions. If you, as a smart
and savvy trade show exhibitor, know what these secrets are
and tailor your exhibit appropriately, you'll come away with
higher sales numbers every time.
If you could hear your attendee's
deepest, most secret thoughts, they might go something like
this:
Secret #1: We're impatient
Let's be real
here. The boss just shipped me to Orlando from the middle
of a Buffalo blizzard. The last thing I want to do is spend
the entire day putzing around looking at new attachments for
our Widget making machine. If you show me what I want, at
a reasonable price, I'm gonna close the deal in a hurry and
go hit the beach.
What this means to you: Understanding
your buyer is crucial. When you know what your target audience
needs, wants, and expects, it's easier to provide it for them.
Added incentives and special savings only sweetens the pot,
especially for the attendee who wants to get the business
part of the business trip out of the way.
Secret
#2: We're lazy
Sure, it sounds like a great deal. But
to get that price, I've got to go log onto the web, go to
the website, enter a code, fill out a questionnaire, and then
go through the purchasing process? Forget that! I'll go over
here to Vendor Z. I might pay a few dollars more, but I won't
have to jump through any hoops.
What this means to you: If
you're going to offer a show special or promotion, focus on
making it user-friendly. Buyers are willing to pay more to
avoid what they perceive as 'too much' work. Each market has
a different threshold point, and this varies with how much
potential savings you're offering. Customers are willing to
give more when they are getting more in return.
Secret #3:
We're Egotistical
You might not realize this, but I'm the
smartest person here. And the tallest. And the best looking.
I'm so gosh-darned amazing, actually, that you'll find yourself
compelled to give me awesome deals.
What this means to you:
It's important to give your buyers recognition. "Bonus
Buys" -- windfall items
'spontaneously' thrown in when a purchase is made -- is a
fantastic way to do this. Offer discounted prices on the floor
model, for the 'serious buyers only'. Exclusivity sells.
Don't
start the recognition at the trade show. Reach out to your
clients before hand via e-mail and direct mail marketing,
letting them know what special deals can be had at your booth.
A little extra effort goes a long way.
Secret #4: We hate math
Ok, I don't want
to look like an idiot here. But there's $25 off of Widget
A, 15% off Widget A-1, and a $500 rebate if I buy now. Exactly
how much is that? Is that a good deal? I hate percentages…
What
this means for you: Remember the KISS acronym, especially
when promoting discounts and sale prices at a tradeshow. You
want to Keep It Super Simple! Rather than listing a complex
set of discounts, focus on the total savings. Have printed
price sheets where your booth staffers can highlight appropriate
discounted prices and write in the total savings.
Secret #5:
We liked to be pushed
I see that this price is only good for
a limited time. I've read it on the sign. You've told me during
the sales presentation. I know and understand that there's
a deadline.
And you know what? Chances are I'm going
to forget. And when I discover that I missed out on saving
hundreds of dollars, I am going to be miffed.
What this means
for you: People have to experience a piece of information
six times before they remember it -- and that's in normal,
everyday circumstances, not the hustle and bustle of the show
floor. Remind your booth staffers to mention the deadline
often. Make note of it on any follow-up correspondence, and
send a reminder notice to likely prospects. The reminder nudge
will spur sales.
Written by Susan A. Friedmann, CSP, The
Tradeshow Coach, Lake Placid, NY, author: “Meeting & Event
Planning for Dummies,” working with companies to improve their
meeting and event success through coaching, consulting and
training. For a free copy of “10 Common Mistakes Exhibitors
Make”, e-mail: article4@thetradeshowcoach.com; website: www.thetradeshowcoach.com |
Begin
at the Beginning:
Secrets for Success
By Susan Friedmann
www.thetradeshowcoach.com |
You never get a second
chance to make a first impression. It's a saying so true that
it has become cliché -- a phrase used by suit salesmen and
purveyors of shampoo -- but it's a saying that should serve
as a motto for your booth staff.
A trade show is a non-stop
series of beginnings. Every moment -- from the second the
doors open until they blink the lights signalling the end
of the day -- is a moment where you could be meeting customers
for the very first time.
[Click
To Read/Close Article]
If all goes well, these crucial first
moments will launch a mutually profitable relationship that
will last for years. On the other hand, if the impression
you create is not so positive, you've kissed a lifetime's
worth of business goodbye.
Beginning well's means you're half
done. Once you've established a rapport with the client, once
that positive foundation has been laid, the hard work of negotiating
a deal and closing a sale becomes so much easier. Here's what
you need to know to create a favorable first impression time
and time again, over the long hours and days that you'll be
at the trade show.
What's for sale here?
Your company might
make computers or luxury automobiles. You might sell scrub
brushes. You could retail the finest gems found on the Indian
sub-continent. It doesn't really matter. When you're at a
trade show, what you're selling is YOU.
Today's buyers are
nervous. They've been through the dot-com bubble. They've
seen Enron blow up and corporate scandal follow corporate
scandal. Yet they still have to do business. How do they know
who they can trust?
There will always be a due-diligence component
to business, but a surprising amount of decisions are made
by people 'trusting their gut.' During those crucial first
minutes where you're checking out the attendee, they're checking
you out. They are, perhaps unconciously, assessing what they
perceive as your intentions and motivations. Few people believe
that they can get a good deal from someone they do not believe
to be a good person.
Key Secret: People have to 'buy' you before
they can buy your products.
Can you hear what I'm saying?
Non-verbal
communication plays a huge role in creating first impressions.
Attendees are constantly watching. If your body language conveys
the fact that you don't want to be at the show, would prefer
not to engage with attendees, or are just going through the
motions, they'll pick up on that and go elsewhere.
Standing
at the corner of your exhibit with your arms folded tells
attendees "Stay away! I'm on guard." Sitting
down, flipping through a magazine, or chatting with colleagues
says "I've got better things to do." All togther,
it means "You're not important to me," even if you
ask the attendees what you can do for them today.
Secret: People
won't come in if your body language says "Go
away!"
The Wall of Noise
You have to approach
attendees, engage them, welcome them into your booths. Unfortunately,
many staffers take this to mean that they must offer up a
constant stream of conversation, from the welcoming hello
to the assurances that "We'll
be in touch!" as the attendee hurries to a calmer, quieter
exhibit.
Talking is important, but listening is
more so. Shift the focus from your own sales spiel to actually
listening to the customer and you'll find your results immediately
improve. Ask attendees questions, and listen to their answers.
Give them your full attention. Hear what they're saying and
offer appropriate responses.
The fact that you're focused
on the attendee, wholly engaged with them, and committed,
however briefly, to solving their problems, is one of the
easiest, most effective ways to create a positive first impression.
It sets a good precedent, establishing how you will do business
with this client further down the road. You're laying the
foundation for that positive, profitable relationship.
Secret:
Focus on the attendee for maximum results.
These three secrets will stand you well in the trade show
environment. Remember that to begin new relationships, you
must first create a positive impression. Being mindful of
the fact that people need to trust you before they do business
with you, avoiding off-putting body language, and listening
more than you talk will help you do exactly that. And then
you'll be well begun -- more than half done, well on the road
to starting a new profitable relationship.
Written by Susan
A. Friedmann,CSP, The Tradeshow Coach, Lake Placid, NY, author:
“Meeting & Event Planning for Dummies,”
working with companies to improve their meeting and event
success through coaching, consulting and training. For a free
copy of “10 Common Mistakes Exhibitors Make”, e-mail: article4@thetradeshowcoach.com;
website: http://www.thetradeshowcoach.com |
|
I hear it all the time: Tradeshows
are a waste of time and money. We stand around, selling our
hearts out, and what do we have to show at the end of the
day? Nothing.
Well, that's the result you should
expect, if you're like most exhibitors, and neglect the most
crucial aspect of tradeshow participation: Follow Up.
[Click
To Read/Close Article]
What
happens at the tradeshow is obviously import to your success,
but equally important is what happens after the show ends.
This is where most exhibitors drop the ball. Differentiate
your company from its peers and wring the full value from
your tradeshow participation. To truly benefit from all the
hard work what went into exhibiting, must ensure that appropriate
follow-up activities take place.
Follow Up Begins Before the
Show
Research tells us that over 80% of
leads gathered at tradeshows are never followed up. That's
a phenomenal number, especially when each lead has the potential
to generate profit for your company.
Why do so many leads fall
by the wayside?
It's because show leads have a reputation
for having no substance – they’re either just cold business
cards or similar basic information imprinted on a company
lead card. There's nothing there to give already busy professionals
a reason to follow up.
Even if the salespeople do follow
up, there's only so much they can learn from a business card
or bare bone information. For salespeople to view leads as
being worthwhile for follow-up, they need quality information.
For
this reason, it is vital that before the show you spend time
going over the lead collecting process. Clarify exactly what
types of information should be recorded on lead cards. Explain
the importance of the information you are gathering. Make
sure everyone knows exactly how to operate the card readers
and use the printouts and lead cards.
Everyone working the
show should know exactly what results you want to achieve
at the various tradeshows you attend. Each show should have
its own set of specific, clear, quantifiable, realistic goals.
These goals should be in line with your company’s overall
marketing objectives.
These goals give staffers something
to strive for, but they also serve as benchmarks to evaluate
and measure team and individual performance.
Develop a Follow
Up System
To achieve and perhaps surpass your
specific goals, you need a follow up system. The best time
to develop your follow up system is during the planning and
training stage.
Use this time prior to the show establish
how the leads will be handled. For example, select a team
member to take responsibility for collecting all "hot" leads
at the end of each day and overnight them to the home office
for immediate processing. Assign someone at the home office
as a “follow-up” manager. This person takes charge of the
entire follow-up process and should be someone who does
not attend the show. Their job is to carry out the follow-up
system that was established before the show.
Timeliness is
of essence with all leads, not just the "hot" ones.
Obviously you're not going to overnight every single lead
back to the home office, but there are steps you can take
to ensure you stand out from the crowd of exhibitors.
It is
important to send something, such as a letter, email, or broadcast
fax, to everyone who came by the booth to thank them and let
them know when they can expect to hear from your company again.
This should be done within three to five days after the show.
Remember, if you don't follow up, your competitors will.
The
Next Step: Accountability
Use contact management database programs
to ensure your sales staff get leads that are as complete
and useful as possible. Then, after leads are distributed,
hold your account representatives responsible for the results.
There
should be a written progress report from each salesperson
at regular, predetermined intervals. This information can
be used to track their performance, sales made, etc.
Some
companies use performance in lead follow up as one factor
in a salesperson's annual performance review. Knowing that
they will be held accountable for results is a powerful motivator.
Measuring
results
At the end of the day, management
wants to know their money was well spent. Keeping track of
your leads will allow you to measure sales directly attributable
to your tradeshow participation. Recording this data will
allow you to provide qualitative and quantitative analysis
of the show.
For example, you can calculate the
return-on-investment to demonstrate to management the effect
tradeshows have on the bottom line. To measure the cost per
tradeshow lead, simply divide your total show expenditure
by the number of leads gathered. To measure the cost per sale,
divide the total show expenditure by the number of sales.
Qualitative
data, such as types of prospects who visited the booth, dates
and times of their visit, products/services of interest, buying
intent, and results of any pre-show promotional activity often
proves invaluable when planning future show participation.
The
key to tradeshow success is wrapped up in the lead management
process. It starts with knowing at the outset what you want
to achieve, then continues through establishing a strategy
that is user-friendly, and finally the actual follow-up operation
leads to bottom-line profitability. With a little forethought
and planning the results will speak for themselves.
Written
by Susan A. Friedmann,CSP, The Tradeshow Coach, Lake Placid,
NY, author: “Meeting & Event Planning for
Dummies,” working with companies to improve their meeting
and event success through coaching, consulting and training.
For a free copy of “10 Common Mistakes Exhibitors Make”, e-mail:
article4@thetradeshowcoach.com; website: www.thetradeshowcoach.com |
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