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Published byStella Simon Modified over 9 years ago
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Planning a Trade Show - Seven Steps 1. Define Goals & Objectives 2. Select the Show & the Space 3. Set a Realistic Budget 4. Design the Booth 5. Train the Exhibit Staff 6. Manage the Leads 7. Evaluate the Show’s Success
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1. Define Goals & Objectives Prioritize answers to the following question: Why are you exhibiting? –To close a sale? –To create a database of names? –To make contacts ? –To establish a presence? –Other? Tip: $997 US to close a field sale lead V. $550 US to close a trade show lead (Source: Center for Exhibition Industry Research)
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2. Select the Show & the Space Questions for Show Management: How many attendees? How is the show being promoted? Who has attended in the past? Will the people I want to reach attend? Questions about Booth Space: How much space do I need? Who am I near? What obstructions and restrictions exist? Inline, peninsula or island booth? Tip: ask your best customers which shows they visit as attendees.
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3. Set a Realistic Budget Exhibit Design, Construction, Prep, Refurbishing Space Rental Costs Freight Transportation (including Drayage) Show Services (Electrical, Rentals, Labor, Water, etc.) Other (Presenters, Accommodations, Training, etc.) Tip: ~ 34% of expenses are affected by construction Source: Center for Exhibition Industry Research
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4. Design the Booth What one (1) message should your exhibit communicate in three (3) seconds? –It’s the visual bite generation! –Competing with hall clutter What are your step 1 goals? What’s your timeline? What’s your draw? Feature/Benefits? Pre-show promotion? Entertaining or skilled staff? Contest or at-show promo? Product interest? Company recognition Booth design? Tip: 75% of attendees come with a prepared agenda
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5. Train the Exhibit Staff Review show & staffing goals Create & communicate a schedule Review competition Review ergonomics Role-Play the sales pitches Hold accountable for lead generation or sales Tip: Hire a trade show sales coach to lead your team through role-playing.
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6. Manage the Leads Decision Point: What is a qualified lead? Create a lead sheet or lead info system for each lead Create a Lead follow-up system Assign the lead manager Measure Sad fact: 80% of trade show leads do not receive follow-up. Sample Lead Sheet Name________________________ Title_________________________ Company_____________________ Address______________________ City__________State___ Zip_____ Phone___________Fax_________ Email________________________ Interested in __________________ When Needed ________________ Comments ___________________ Assessment 1 2 3 4 5 etc. Sample Lead Sheet Name________________________ Title_________________________ Company_____________________ Address______________________ City__________State___ Zip_____ Phone___________Fax_________ Email________________________ Interested in __________________ When Needed ________________ Comments ___________________ Assessment 1 2 3 4 5 etc.
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7. Evaluate the Show’s Success Number of leads? Staff Feedback? Booth Attendance? Sales? Cost per Lead?
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