What Is The ROI On Trade Show? Five Ways To Maximize Your Return

From time to time Marketing Executives are2. Bring plenty of business cards.
forced to revisit their budgets and reduce costs.You must be thinking who would forget to take
We all have been there. We are increasinglybusiness cards to a trade show, right? But many
forced to produce more with fewer resources.experienced people do. Some may even forget
Attending Trade Shows tends to be on the Topthe business cards in their hotel room. Others will
Five List of expenses that might be cut; alongrun out of them before the end of the show.
with people, compensation, promotional materialsTake them to breakfast, keynote speeches,
and advertise, not necessarily in this orderworkshops and even area attractions. You never
(Source: my fifteen years of Marketingknow when you will bump into a hot prospect.
experience.3. Less is more.
It is very difficult to measure the Return onStick to one or two things you want people to
Investment (ROI) on Trade Shows; primarily,remember. You have 90 seconds to make a
because very little sales are done on the Tradegood impression before your prospect loses
Show floors. Also, leads generated at theseinterest. Blabbing away about your product or
events are usually not acknowledged until a Salesservice will reduce your 90 seconds to half. And
Rep has to justify attending the next trade showyou don't need those expensive brochures. Most
that happens to be in Las Vegas.buyers will arrive at the show with a plan. They
So-- Does Trade Show Really Work?don't have time to see everyone and they don't
Attending trade shows may not always help yourwant to. So if they make a detour to your booth,
numbers, but not attending them will hurt yourbe grateful, courteous and friendly in 90 seconds,
business whether you are participating with athis is how much time you will have to grab their
booth or just attending. It's nearly impossible toattention, make a good impression and set the
quantify brand exposure, industry recognition,bait.
networking activities, and continue education in4. Floor of Attraction.
Trade Shows attendance. And these are whatLights, color, food, pictures and location are keys
you can always count on if the show is done rightto great booth traffic. Everyone has this
and you do a good job of what you areknowledge down to a science. When everything is
supposed to do.equal, the variance is the people manning your
So here are some suggestions to help you get allbooth. Smiles and attitudes are the floor of
of the benefits a good Trade Show has to offer:attraction. Make sure you are staffing your booth
1. Think ahead.with people who want to be there. Even the
If you are not outsourcing the set up of yourmost competent sales person can be hung over
booth, you must anticipate everything you willor not in a happy mood.
need while you are there. And if you are still5. Follow up.
reading this, chances are that you have beenUnfortunately, there is a likely chance that every
delegated this task. Ship things earlier than youprospect you met will be contacted by every
think you should, unless the show has strictcompetitor on the floor. Writing personal notes on
regulations about receiving packages prior to theyour 90 seconds of personal conversation will gain
show. Advance your shipping by two weeks ifyou points and possibly a future meeting. If you
you are attending an international trade show.have done your home work, you know
Reserve your booth space as soon as registrationsomething about everyone you want to meet.
is open, so your booth doesn't end up on the wayUse things such as recent promotion or vacation,
to the bathroom. Book your hotel at that time.area attraction, keynote speaker, etc. Now, if you
You want to stay where most of yourreally want to make the cut and secure your
customers and prospects are staying. Sendfront runner place with that prospect before
reminder cards with your booth information andanyone else does, send them a personal e-mail on
the fantastic giveaway to your customers andthe day you meet them on the trade floor. Most
prospects no later than ten days before thepeople will check their e-mails during trade show
show. Make a list of whom you want to target.and there is a good chance that you may see
It's best to have a check list to remind you ofthose prospects again before the end of the
the things people tend to forget; such asshow. That short e-mail needs to thank him for
giveaways, flowers, table cloth, banners, utensils,stopping by, entice them at a glance from the
carpet, and business cards, target list are a fewpreview window and ask for a meeting. This will
examples.only get you the customer, not the sale.