Exhibiting at trade shows is a great way to attract new business, but it’s not cheap. These 15 tips will help your trade show participation be more successful.
Planning to exhibit at a trade show soon? If so, you’re not alone. Many businesses find that trade shows can be one of their best sources of new business as well as a good way to attract media attention.But exhibiting at trade shows doesn’t come cheap. Small local shows can cost hundreds of dollars for booth space in major metropolitan areas. If you need electricity or Internet access, there are additional charges.
If you’re planning on exhibiting in big, out-of-state shows, the cost of booth space, drayage, product literature, airfare, shipping and hotel costs, and meals can take a significant toll on a small business’ bottom line if they don’t get the hoped for sales from the show.
No single thing you do can guarantee you will have a profitable show. however, there are a number of things you can do to better your chances for success. Here are several to consider:
Is it a show that regularly attracts large crowds? Does it attract your typical customers? Will the show be held in a place that’s easy for attendees to find and reach by car and by public transportation? Will the show be adequately promoted to your potential customers? Have vendors who have participated in the show in the past done well? What has past attendance been?
You don’t have to have the biggest, flashiest booth on the trade show floor to attract attendees. But you do need to have some type of display that lets passersby know what it is you are selling. Signs, photographs of products or other elements used in the display should look professionally prepared. Unless you’re working a crowd that’s attracted by the possibilities of bargain basement prices, homemade posters pinned or propped up against a backdrop will make you look unprofessional and make prospects leery of your products.
Have professionally prepared brochures or other handouts made in quantity to distribute at the show, and have them prepared well in advance of the show. If you wait until the last minute to prepare your literature you’ll wind up paying unnecessary rush charges. If you’re going to print your own on a printer in your office, be sure the fliers look professionally designed (use a template if you don’t have a good design sense). Be sure to compare all the costs of printing your own to the cost of having the fliers professionally printed.
Trade show attendees often don’t want to carry home a lot of brochures and folders. In fact, they’ll often toss most of the materials they’ve accumulated in the trash can in their hotel (or home, if it’s a local show.) They will, however, pickup a business card if they think they want to look into the company when they are back in the office. Have plenty of the cards available on your table.
Related: How to Design the Perfect Business Card
Use your trade show page to list trade show special offers and to make your sales literature available as downloadable PDFs for those people who want more information about your products, but don’t want to carry home a lot of paper. Video demonstrations can also go on the show page. Be sure to promote your trade show page to booth visitors, and make sure the URL for the page is something easy to remember such as yourcompany.com/tradeshow/
If your product doesn’t work, or doesn’t work properly, you’ll lose more customers than you’ll ever gain.
Experienced trade show exhibitors don’t wait for the show to start to try to see customers and make new contacts. To get the most traffic at your booth, send out mailings and announcements before the show inviting your customers and prospects to stop by your booth. Insert announcements in bills you send out, on your web page, and in ads you run near the show date. A couple of weeks before the event, call important customers and prospects and set appointments with to meet with them at the show.
Your goal is to attract people who would be interested in your product to your booth. The giveaway or gimmick doesn’t have to be big or elaborate. Samples of your product given away at intervals during the show are ideal. Novelty items such as key chains, pencils, pads of paper with your company and product name can be good too. Even something as simple as a large bowl full of bite-sized chocolates or hard candies can bring people to you booth. Use your imagination if there aren’t sufficient funds for expensive giveaways.
You will have conversations with dozens of people during a trade show. Many of them will give you their name or a business card. Make sure you remember what you talked about and why you saved their card by jotting a note about what you talked about on the back of their business card or on a note pad while you’re at the show.
Choose your booth staff carefully and be sure they know how to deal with the public Among the faux pas to avoid (all seen at recent trade shows), are booth personnel who:
Plan demos so more than one prospect at a time can view them. If booth personnel are tied up giving a demo to one or two people, and that demo can’t be seen by other passersby, you limit the numbers of potential leads and customers you will attract. If at all possible, use movie screens or projection screens, or large screen computers and have demos done with the demonstrator facing the any audience or the aisle of the trade show.
Choose a desirable prize for the contest, preferably something related to what you sell. It might even be a selection of your products, or free access to your service for a set amount of time. Have people drop their business card in a fish bowl or fill out an entry form to enter the contest. Choose the winner from the entries at the end of the show.
Give them a reason to sign up for it. One reason might be to participate in the contest for the prize you’re giving away. Other reasons are to get special offers from you or to get helpful news, tips and hints about your industry.
Tradeshow attendees aren’t the only people at tradeshows who might be interested in what you sell. At many tradeshows the other vendors may be good prospects. The best time to meet them is before the crowds start coming in and after the crowds thin out.
Have a plan in place for following up on leads as soon as you get home from the show. Don’t wait a month or two to get around to sending information to those who stopped by your booth. By then, the hot prospects are likely to have become good customers for one of your competitors.
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