Today saw me taking on a something new to me, I had my first expo experience I thought I’d share some of my experience as a first timer since I don’t think any business qualification would prepare you for this, heres my 2c while exhibiting Designerworks(marketing agency): 1. Expos are amazing for getting leads but what you do with them once you get them is where you can “fumble the bag”. Be ready with a follow up sequence. Think email, WhatsApp, SMS. Be prepared. 2. Talking about being prepared. Have an elevator pitch ready to fire before you get there. Practice. Practice. Practice. Again this is where you can easily “fumble the bag” 3. Beside the elevator pitch, have your value propositions in order, know them well. Be confident in presenting them. What makes you stand out in the marketplace? Is a simple question that can convert. 4. Have your branding items and handouts in order. Make sure they work and speak to your audience. This expo saw a number of local and international delegates at the expo, crafting unique messages in our branding definitely helped getting the attention I was hoping to extract from this expo. 5. If your using QR codes, people think they are great but they fail in the real world (sometimes). I thought I was being smart with going with a limited number of business cards. I was wrong, always have enough and then some. 6. Plan your attack! Eg. This played to my advantage going into this expo. I knew I was going to meet business owners who could share leads based on a revenue split or maybe white labeling our services and it worked! 7. If your not going to represent your business at the expo stand the people “manning” the stand need to know your product/service. I observed a number of stands left with no back up when the main sales person was not there. If you don’t have a back up person at least have great reading material for people passing by. 8. Get to know your neighbors they can help you sell your product/service. Your also going to be spending some time near them it’s always good to have a friendly conversation to go to when you get a gap in your day. They might jusy be your potential customers. 9. Be prepared physically, these expos are taxing. Your going to get tired, dehydrated, and have little/no downtime. Plan your energy and plan your meals(you don’t want to miss a peak time). I hope you gain some value from this. I wish I had someone explain, give some advice and share some insights. However there’s something about being thrown in the deep end that I enjoyed about this experience. Would I do it again? Yes! What would I change? Be prepared. These things snowball.
Keeran Singh’s Post
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While exhibition rates are more broadly aligning with inflation this year, specific areas, such as material handling rates, continue to outpace inflation, according to the findings of the 2023 Annual Survey of Exhibition Rates, recently released by The Exhibitor Advocate. Analyzing labor and equipment costs across 24 major U.S. cities, this year’s report demonstrates that while trade shows and corporate events continue to be a valuable sales and marketing channel, exhibitors are facing oncoming challenges that could influence their participation. Click below to learn more! Tradeshow Logic EVOLIO Marketing #corporateevents #meetings #eventprofs #meetingsandevents https://lnkd.in/euMYzdP9
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Choosing to exhibit at an existing tradeshow for the first time can be tricky. So how do you analyze if its worth spending💰... Naturally the event producer or Assoc is going to give you every reason to go in their sales pitch. 💡 I think a few things are important from an analysis standpoint, as well as making a decision and then setting objectives: ✅ Who attends and why they attend? I think you have every right to ask and press the show for this info about who goes and why. I would ask them... - Who goes and why do they go? - Do they have specific titles of the attendees? - Data on the companies: Industries? Employee #? Revenue range? Geography? The more specific you ask, the better answers you'll get, to match your ideal profiles. Ask for an attendee prospectus and all data they have. Comb through it and ask specific questions about the data. Ex. "This says 30% are purchasers for plastic molding manufacturers, what are exact titles of these purchasers and what they're purchasing?" ✅ I would look up exhibitors by looking at the exhibit hall online for the previous year or upcoming. The expo hall maps are essentially a directory. Message and call a few who may have a similar attendee targets as you. Ask direct questions. "We are looking to get in front of and engage with x, do you feel this show would be a total waste for us?" ✅ Highly recommend attending the show before you exhibit, sponsor and pour money into it. Purchase a day pass and go. What's one year to make sure you get the investment right? Bring a VP of sales, they can typically sniff out customers. ✅ Are your competitors there and how invested into the event are they? Check their exhibit space (how big). Are they sponsors? (find on website) ✅ I don't love doing this but its been done 😂. Call the assoc and act like a potential attendee (your target), ask a bunch of questions, play dumb and curious. ✅ Check out the session, keynotes and activities on the schedule. Does it sound like the event is curated for your customer or at least some portion or track is? For objective setting... ✔ I would be using benchmarks from other events you attend, the more similar the event the better. ✔ Have a good understanding of the output needed. For example, if you generate 20 opps for every 60 meetings you hold, and close 5 of those customers. Make the analysis, can you even get 60 meetings at this event? Is it big enough, is the format correct? Then, does the 5 closed deals create enough return ✔ Format of an event matters. Good example... we have a client who's buyer is a CTO, the contact they work with is an engineer. The engineers spend their time on the show floor. CTO's attend event but exclusively attend off site activations, dinners, speaking engagements. Long story short, our client doesn't go overboard on the booth, but they pile money into a VIP dinner experience for CTO's. Their objectives are almost soley focused on the dinners and speaking engagements.
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Freeman Company released its 2024 Exhibitor Trends Report, which outlines current exhibitor needs, ways to meet those needs while aligning exhibitor and attendee objectives, and more. “The most important takeaway is the need to deeply understand the exhibitors’ objectives, and that’s not revolutionary. The report’s findings are a reminder of how fundamental it is to understand your customer, and your customer’s customer,” Freeman Senior Vice President of Strategy Ken Holsinger said. Learn more and find the full report here: https://lnkd.in/gakHPpCr #Freeman #tradeshows
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Managing Director at Zimbali Bookings Pty Ltd
4moGreat advice!