Trade Show Marketing - How to Maximize Your Impact
Personal one-on-one contact is the ideal method to interact with and gather
intelligence about other companies, as well as gain valuable inside information
about customers, prospects, suppliers, and partners. Trade shows provide an
invaluable opportunity to network and develop relationships with others in your
industry and are an extremely cost-effective outlet to showcase your products
and services. Shows put you in contact with large numbers of customers and
potential clients, whether you participate as a prospector or an exhibitor.
Reality Check: Just because you man a booth at the trade show
does not mean you'll automatically get new customers! If you are a
mortgage broker you need a way to distinguish yourself from other brokers at
the trade fair. If you sell carpet, but I'm already happy with XYZ
Flooring company, you may need to offer an incentive (coupon/promotion) for me to
try your product.
Ideas:
n $100 off the appraisal fee (lender)
n $100 off the first order (carpet)
n Free delivery and installation
(appliances)
n Ten free credit reports
n Free home warranty ( Realtor®)
Pre-show Planning
In your pre-show planning, you should consider the following:
n What is my marketing strategy for the
show?
n What are my objectives?
n What products/services do I have that
are new or unique?
n What makes me different from my
competitors?
n What is my budget?
n What deadlines are coming up? It is
important to follow deadlines so that everything will come together in a
timely fashion. For example, you might have to commit months ahead of time
to have an advertisement printed in the show directory.
n Who will be staffing the booth? Your
staff needs to be well trained and informed since they will be the ones
selling and marketing the company at the show. Establish guidelines for
your booth personnel on how they are to interact with visitors. They need
to have a clear understanding of what is to be accomplished by the
exhibit. They will also need to be prepared to gather leads, demonstrate
or show products, handout literature, or sell products as well as convey a
good impression about the company. It is a good idea to set up a schedule
for your booth personal, so that they stay fresh and alert.
n How will I design my booth? Your name
should be prominently featured on all communications, including your
booth. Choose a few larger, clear pictures rather than a lot of small
ones. Include statements about solutions, and how you can solve the needs
of prospective customers. Your signage should be simple, direct, and
eye-level, if possible.
n How can you make attendees remember
you? What company literature will be used and how will it be used to
market your company? Decide on useful giveaway items that will reflect
your company’s products and image.
Design your literature to fit the audience.
l If you sell
appliances, prepare a brochure that showcases the models most popular with
your landlord customers.
l If you sell carpet, bring
brochures and samples of your products that appeal most to
landlords. Be sure to include pricing.
l If you lend money, bring
current rate sheets and brochures that describe your unique product
offerings.
Offer special "show pricing" that is valid for a limited
time only.
Give attendees a coupon as an incentive to try your product or service.
n What lasting impressions will your
promotions leave with your prospective client? Don’t forget the
importance of a smile and a handshake.
n Determine your pre-show marketing
strategy.
Pre-show marketing can be a valuable way to attract your current and
potential customers to your booth. For example:
n Press Release: Press releases are a
cost-effective way to contact clients and prospects through your industry
trade associations and press.
n Pre-Show Mailing: These mailings should
be sent to the most promising prospective, pre-registered attendees and
your past and current customers.
n E-Mail Announcement: If possible link
the e-mail to the show’s official web site. More than ever attendees are
turning to the Internet to plan the exhibits they want to visit.
n Telephone Calls: These calls provide a
one-on-one opportunity to invite your current customers, hot prospects,
and even inactive customers to your booth to encourage increased traffic
and potential sales at the show.
At the Show
While at the show, check out the competition’s booth displays. What
sales strategies tend to be successful? What is eye-catching? Which exhibits
encourage you to enter and engage sale personnel? Why? What makes them stand
out from the crowd? How will your products meet the needs of the customer?
Show how your products compare to the competition.
How to Work the Exhibit Floor
n Look for the badges of your targeted
customers to get names and company information.
n Stay alert and talk with others.
n Be brief.
n Carry your business cards with you
wherever you go.
n Write important notes on the back of
cards immediately.
n Look professional.
n Don’t try to sell your products or
services, just try to set up a future appointment.
n Establish needs, determine the potential
client’s level of interest, and confirm a call back/appointment.
Advantages of Attending the Show as an Exhibitor
Being a booth exhibitor provides you an opportunity to reaffirm existing
business relationships and to identify new customers and potential partners.
While at the show, you can check out the competition and build awareness
about your company. To maximize your impact, it is a good idea to obtain a
copy of the last show’s attendance list and identify those companies you
want to interact with at the show. A good way to reach these companies is
through a pre-show mailing.
What to include in a pre-show mailing:
n Company and product information.
n Names of the people who will be at the
booth.
n A map and floor diagram of your exhibit
space, showing location and booth number.
n Attention-getting devices, so that
prospects will remember your company and visit your booth. This could be
something as simple as including a return mailer that has to be turned in
to receive a giveaway item or to attend a special briefing.
n An opportunity to request your brochure
or have a follow-up call, in case they miss you or are not attending.
At the show, the presentation of your booth is crucial for attracting
potential customers. It is best to work out the details before you arrival,
since setup can be a hectic time. This should be done at a pre-show meeting
that should be used to identify your goals and objectives, set guidelines
for interaction, develop company literature, and decide on giveaway items.
Remember that anything you pass out will in the end reflect on you. If you
give away a 10-cent pen that stops writing after a few days, then your
company might also be perceived to lack quality. You are far better off
spending a little more money on the right people than going the cheap route
and hitting anyone and everyone. Remember it’s quality not quantity of
contacts that matters. While at the show, plan to arrive early, work hard,
and stay late. Be courteous and helpful to visitors, and be a good listener.
You might think about treating big customers with extra attention, possibly
by hosting a cocktail party.
Guidelines for Working the Exhibit Booth
n Stand up the entire time.
n Assign booth coverage times and
responsibilities.
n Pay attention to potential customers
immediately.
n Cover your booth 100 percent of the time.
n Have lead sheets to gather information
from qualified prospects; fill these out immediately.
n Reserve giveaways for qualified leads.
n Photos, brochures, your business
cards. A picture album of success stories. Be creative.
n Make a home video, bring along a t.v.,
and run the video (people, faces, people, faces, ADS) on a loop.
n Make a PowerPoint presentation.
n Get the table display.
n Have a drawing - the business card in the
fish bowl thing. If you walk out of there with 100 new email addresses for
your ezine, that’s gold.
n The candy bowl – have something people
can come by and pick up free, but be original. Maybe at a trade show what
people are really looking for is a "wipe it" packet to refresh
their grubby hands, or a pen to write with (with your name on it), or a
single rose, just 'cuz, or a booklet of inspirational quotes, or a coupon
for one of your ebooks free .... I'd consider it a worthy challenge to
figure out something besides "candy" for heaven's sake.
n On the other hand, chocolate is chocolate
When Meeting a Prospective Customer
Introduce yourself with a firm handshake, briefly tell the person about
your business, ask open-ended questions, and establish a dialog to determine
if this prospect is going to be a quality lead. Provide the customer with
your promotional material and arrange a time to get together, either during
and/or after the show.
Post-Show Follow-Through
Trade shows are intended to generate leads that will produce qualified
prospects and eventually sales. Ironically, few sales are actually launched
and closed on the show floor. It takes good planning and follow-through to
establish the dialogue, relationship, and agreement needed to win a sale. At
the show, develop a profile of your potential client. This way you can
easily determine if this person will qualify as one of your targeted
prospects. This profile (scanning badges, filling out lead forms, or
collecting business cards and writing information on the back) will help you
to capture the information needed to follow up and produce a valuable sales
opportunity.
After the show, or at the end of each show day, send prospects
informational kits about your company and follow up in a few days to make
sure prospects got the material and to explore ways to meet their needs. As
soon as you return from the show, send a follow-up letter to your entire
pre-show mailing list. Then send your most promising leads a more detailed
mailing about your company, its products and services, as well as following
up with a few old-fashioned-telephone calls. Some type of follow-up letter
or e-mail including links to your Web site should be sent to every lead
generated from the event.
Post-show follow-through is an important step in the success of this and
future events. It allows everyone to share what he or she heard and learned.
It also helps to ensure that leads are followed up. Those leads and
resulting sales are the real payoff and are a measure of an effective
trade-show performance
This article was adapted from materials published by Ohio State
University and authored by Keith L. Smith, Associate Vice President; and
Susan Dunn at IdeaMarketers.
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