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Tips for maximizing trade show
results
Written
by Shirley Lichti for The Record, April 18, 2007
Trade shows can be a great way to generate
new and repeat sales. However, like other communication vehicles,
trade shows require the right strategy to ensure your company gets
the best return on investment.
Whether you are a seasoned veteran or are
planning your first trade show, there are key elements you need
to consider, from picking the right show to evaluating the results
after the show.
Here are some tips and lessons learned from
local businesses to help you better prepare for your next trade
show.
Pick the right trade show
Hannele Sundberg, owner of several area Sun Magic tanning salons
(www.sunmagic.ca)
has done many trade shows. One of the first questions she asks is:
"Does the show's target audience match mine?"
Sundberg asks for information on audience
demographics to understand who attends. However, she's found that
even the right target market may not result in immediate business.
For example, her experience with bridal shows taught her that booking
photographers and florists are top priorities for attendees. Although
brides want to look good for photos, they look into tanning much
closer to their wedding dates.
For more questions to determine if the show
is a good fit, see box below.
QUESTIONS
TO ASK
SHOW ORGANIZERS:
| n |
How many people attended
the show in last three years? |
| n |
What is the projected
attendance this year? |
| n |
Who else is exhibiting?
(pay attention to competitors!) |
| n |
What is the number
and size of booths? |
| n |
How many repeat exhibitors
are signed up? |
| n |
What are the promotional
budget and plans for the show? |
| n |
What experience do
organizers have? |
|
Know your objectives
Ask yourself: "What results am I expecting from doing this
show?" As Sandy Gibson, owner of Déjà Vu Aesthetics
Clinic & Spa in Waterloo has learned (www.dejavuaesthetics.com),
not all trade shows allow you to sell products or services.
Gibson, who does three or four shows a year,
says her objectives revolve around increasing awareness of her salon
and attracting new clients. While she sells skin care products at
some shows, she likes to do demonstrations and offer samples.
At the recent Total Woman Show in Kitchener,
she showcased Bio Sculptured Gel Nails, a healthy alternative to
artificial nails. Attendees booked appointments and got to try this
new service right at the show without having to wait in line. And
Gibson got a chance to get to know prospective customers who paid
for the service.
If your product or service doesn't lend itself
to being sold at a trade show, consider selling gift certificates.
Sun Magic's Sundberg was pleasantly surprised with sales resulting
from her first foray into offering gift certificates at a recent
show.
Promote your participation at the show
A Deloitte & Touche study for the Dallas-based Center for Exhibition
Industry Research found exhibitors who conduct pre-show promotions
raise the quality of booth visitors by 46% and experience a 50%
higher rate of converting visitors to qualified leads.
It doesn't have to cost a lot. Add a note to your email signature,
a P.S. to business letters or a line on invoices to promote upcoming
shows. If you have a website, post details there with a link to
the trade show site.
Optimize Booth Traffic
Dr. Zhi Hong Wong of the K-W Acupuncture and Chinese Medicine Clinic
in Kitchener (519-722-8377) recently did her first trade show and
emphasizes location, location, location! It's as important in trade
shows as it is in real estate and a good reason to sign up for shows
early since it allows you to choose from the best spots.
Wong knew that some attendees at the Total
Woman Show would have minimal knowledge of acupuncture, so her strategy
was to offer free treatments on site. She hoped live demonstrations
would attract traffic. At times she found her location near a corner
was a little too crowded for this tactic.
Arlene Mahood and Irene Dutchak, directors
of Kitchener Comfort Foods, a non-profit corporation that sells
healthy frozen foods (www.kitchenercomfortfoods.com),
were also first time exhibitors at The Total Woman Show. They offered
free samples of their food to draw visitors to their booth. The
strategy was so successful they have already planned to adjust the
layout of their booth next year to limit congestion.
The Sun Magic booth featured Miss Canada
in a bikini and offered free spray tanning right at the show. Response
was so positive that next year Sundberg says she will add more staff
to keep up with demand.
Regardless of your booth location, Déjà
Vu's Gibson points out the need for great signage - highly visible,
easy to read and professional looking.
Capture Leads
Sundberg has learned that not all show organizers provide access
to a list of attendees. When she can't get a list or has to pay
extra for it, she captures names at her booth by offering a draw
with prizes related to tanning.
Gibson notes that fewer people are entering
draws because they don't want to be contacted, so her ballots specifically
ask attendees if they would like to receive further information.
She used to ask for a mailing address but finds it too expensive
to follow up by post and now requests email addresses only.
Plan to follow up
There's no point in doing a show unless you have a plan to track
leads. Sundberg finds that phone calls from the Sun Magic staff
work well and get a positive response. Needless to say, calls must
be made shortly after a show ends to be effective.
Kitchener Comfort Foods realized too late that discount coupons
they gave to attendees had not been coded, making it impossible
for them to track sales back to the show. That's an oversight that
will be addressed before their next show.
Gibson gives prospects a signed business
card noting special offers so she can track Déjà Vu
new business back to each show.
Evaluate Results
Once a show wraps up, you need to evaluate how well it met objectives.
Sundberg can easily track free tanning certificates redeemed by
their expiry dates. She also measures the cost per lead against
other marketing efforts to determine if a show is worthwhile doing
again.
It didn't take Wong long to analyse her first
show's ability to attract new acupuncture clients. Compared to traditional
advertising, she was very happy with the results.
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