Archive | Trade Show Marketing RSS feed for this section

7 Tips to Create Your 2018 Trade Show Budget

16 Jan

StockSnap_423Q4Q272X

Creating a trade show budget for 2018 is a skill that pays off in a better use of company resources. By following the tips below when making the budget for this crucial aspect of marketing your business, you’ll be able to develop a more accurate template of the necessary costs.

  1. Exhibit Space = 30 percent

Allocate about 30 percent of your trade show budget to the expense of the trade show itself. As the largest expense in the budget, this amount covers any fees associated with exhibiting at the event as well as extras for a prime location, if possible.

  1. Staffing and Travel = 20 percent

The second largest expense of your trade show budget will be for staffing and travel. Count expenses such as transportation, meals, and lodging for staff. If the staff needs additional training in order to work the trade show booth effectively, add those costs too.

  1. Logistics and Exhibit Services = 20 percent

About 20 percent of your budget should be allocated to those logistic and exhibit services that are necessary in order to present a polished and professional presence for your company. Some examples of services included in this category are the storage and warehousing of exhibit materials and their installation and breakdown during the event. Don’t forget to include the costs of labor for skilled workers like electricians, riggers, carpenters, and others.

  1. Booth Design = 10 percent

The visual representation of your company and your booth design will require about 10 percent of your overall trade show budget. During the planning phase, make a list of preferred features and price them when you consult with your designer.

  1. Transportation, shipping, and drayage = 10 percent

Obtaining an estimate for transportation and shipping tends to be pretty straightforward since it’s usually based on factors like the dimensions of your trade show booth. Drayage costs can be more difficult to pin down. A good rule of thumb is to plan to spend slightly more in drayage than you do for shipping.

  1. Marketing Materials = 5 percent

While your trade show booth is the biggest marketing tool at the event, you’ll need supporting materials to go along with your brand and your message. This category includes the cost of giveaways, company literature, and product demos.

  1. Miscellaneous = 5 percent

Set aside about five percent of your trade show budget for those expenses that are easily overlooked. Items such as daily housekeeping, WiFi, and lead gathering are necessary for the success of the trade show but are often forgotten when it comes time to make the budget.

By following the above steps, you can hammer out an effective and accurate trade show budget for 2018. What trade shows will your company be attending this year?

Share via email

Tactical Tips to Maximize Your Trade Show Presence in 2018

12 Dec

StockSnap_M93Z01SJAF

Trade show planning for 2018 is in full swing. With budgets and strategy considerations on the table, we’re offering our take on tips to maximize your trade show ROI for the upcoming year.

1.  Technology is (still) king.

It goes without question that technology is a major player when it comes to trade show success. In 2018, trade show technology will continue to try to out-perform itself from years past, as attendees expect information to be displayed in innovative, interactive, and increasingly engaging ways.

Visitors want to be impressed and involved when they visit your display—and you’ll want to continue the engagement long after the event closes its doors. Consider incorporating touch screens, Bluetooth beacons, and artificial intelligence (AI)/machine learning Software as a Software (SaaS) to further enhance the customer experience while delivering your brand’s message both during and after the show.

2. Human interaction is critical to success.

While it is true that trade show tech is necessary for ultimate event success, human engagement is just as important, if not more so. There is no better way to reach your customers than through a good old-fashioned dialogue that allows them to communicate their pain points—to which you respond with your compelling solution. By properly staffing your exhibit with compassionate professionals who are well-versed in your brand story, you’ll facilitate the kinds of relationships that no amount of artificial intelligence can compete with.

The key here is to use technology to augment—not replace—you professional, human presence.

3. Incorporate the sentiment behind your unique selling proposition in your exhibit.

We all want to stand apart from the competition. Your customers have made the trek to the trade show and your exhibit likely because they are looking for a solution to a particular problem, or perhaps they’re looking for your business in particular. By focusing on consistency in your unique selling proposition (USP)—for example, creating a custom exhibit based on your brand’s unique voice and culture along with the environment you want to cultivate—you’ll have a chance to resonate with your customers at a level that increases their engagement, inspires brand loyalty, and encourages them to stay connected long after the event wraps up.

4. Keep your brand consistent across all business environments.

Consumers these days are bombarded with product information nearly everywhere they turn—and much of that information is regarded by the embattled consumer as outright noise.  By focusing on refining your brand messaging for consistency across all spaces, you’ll cultivate a rapport with your customer that allows them to feel comfortable and familiar with your solution. Think in terms of providing a cohesive brand experience by way of incorporating a recognizable color palette, familiar logos, and consistent graphics.

When your business—and thus your brand—is “on the road,” you’ll want to rely even more heavily on familiar visuals to reinforce your presence in an unfamiliar place. After all, a trade show exhibit is a mini-representation of your business as a whole—and you want your customers to feel at home regardless of the venue.

Share via email

6 Trade Shows Building Products Manufactures Must Attend

4 May

 

thumbnail

Trade shows are an optimal platform from which to introduce a captive audience to the latest innovative product or service you have to offer. The following trade shows are ones that should be on your short list for 2017 and ones to keep on your radar for 2018.  

 1 . National Hardware Show

Held each year in Las Vegas, Nevada, the National Hardware Show will run from May 9-11 in 2017. This annual trade show brings resellers and manufacturers from housing after-market sectors such as repair, remodeling and maintenance together. With attendance projected to top 35,000 over the course of its three-day run, 83 percent of people who have visited the trade show previously noted that they did so to look at new products. 

 2 . ENR FutureTech

San Francisco, California is the site of this year’s ENR FutureTech trade show. Hosted by Engineering News Record from May 30 until June 1 2017 , the show focuses on technology and its continuously-expanding role in construction, engineering and architecture. Combining intimate networking opportunities and interactive workshop sessions provides the opportunity for attendees to learn how technology applications can drive performance, profits and project delivery. 

 3. Remodeling Show | DeckExpo | JLC LIVE

Remodeling Show | DeckExpo | JLC LIVE – often shortened to R|D|J for brevity – is a three-day event that combines exhibit hall activities with workshops and other conference programs to provide training, education and networking for those in the residential construction industry. Held at the Baltimore Convention Center, R|D|J  2017 is slated to run from October 25-27. 

 4. Greenbuild

Hosted by the US Green Building Council from November 8-10 2017 in Boston, Massachusetts, Greenbuild boasts 20,000 registered attendees. Focusing on the premise that not only is green building an innovation that is shaping the current landscape of the industry, it is a concept that will continue to grow in the future, Greenbuild is dedicated to providing a forum for experts, professionals and industry leaders to connect. As the biggest conference dedicated to sustainable building in the world, Greenbuild generates a “Legacy Project” each year that is designed to deliver real-world solutions for the community whose outcomes will last for years to come. 

 5. Design & Construction Week

From January 9-11, 2018, Orlando will be the host city of Design & Construction Week. Expect more than 80,000 construction and design professionals to converge on the city to learn, talk and network at an event that is a combination of the talents of the NAHB International Builders Show (IBS) and the NKBA’s Kitchen and Bath Show (KBS). 

 6. AIA Conference on Architecture

New York City will be the home of the American Institute of Architects 2018’s National Convention. Set to go June 21st – 23rd the convention will feature intensive half-day and full-day workshops, seminars by leading architects and firms on emerging industry trends, tours of city architecture, events, and experiences covering the topic of the ever-changing world of architecture. The conference aims to create a space where a collection of talented and visionary individuals who are dedicated to improving the quality of life for all people in all communities come together.

 

Share via email

Trade shows: What’s the real ROI?

20 Oct

People at an Exhibition

On the way home from the Remodeling Show and Deck Expo earlier this month, I found myself wondering if trade shows still matter. Let’s face it: Trade shows are expensive.

  • You build booths
  • Create collateral
  • Give away tchotchkes
  • Travel
  • Entertain clients

But the trade show budget spreadsheet doesn’t tell the whole story.

Trade shows are a rare opportunity for marketers to talk first-hand with customers – those actually using your product or service. It’s also a chance to meet in-person with your sales team and talk face-to-face about their stumbling blocks and opportunities:

  • What keeps your clients up at night?
  • Does your three-step installation process matter to clients?
  • Does the sales team really need new collateral?
  • What messages resonate with prospects?

Sometimes these responses are hard to hear. But they’re often the reality check we need to show where we should really spend our 40+ hours each week.

ERM clients attend trade shows worldwide. And most would likely put their trade show ROI on the high side.

Why?

They understand the value of candid customer feedback, seeing the sales process up close and learning about new products.

The real trade show ROI is the stuff that never makes it on the budget spreadsheet. It’s intangible and hard to assign a number.

It’s the knowledge you gain, the people you meet and the qualitative learnings that shape how your business moves forward.

For trade show tips and tricks, check out this ERM whitepaper.

Share via email

Our Take From Cleveland: #CMWorld Day Two

9 Sep

image

Corey and Kate spent two days at #CMWorld in Cleveland. This is the second of two posts sharing their quick takeaways from the event. If you haven’t seen the first, check it out

Our second and final day at #CMWorld. And, like day one, it was a whirlwind of fresh ideas, new friends and awesome swag. (No stress balls!)

Airborne to KC, we’re chatting about what stood out on our final day. Here’s what comes to mind.

First, a stat: For every $5 spent on content creation, marketers are spending just a buck on distribution.

Does that surprise you? It sure caught our eye. Seems like we should be investing more than four quarters to maximize ROI.

Day two gave Corey the opportunity to talk with Jeff Julian on the Enterprise Marketer podcast.

Jeff and Corey chatted about the efficiency of content being pushed through digital channels, rather than dictated by SEO. They also talked about Google updates and how the company continues to show it’s learning context, which is yielding better content as a whole.

We’ll be sure to share Corey’s interview once it’s live. So, stay tuned.

It’s easy to leave a conference like this brimming with new ideas but unsure where to start. Fortunately, Thursday’s opening panel gave some encouraging words on how to take your content strategy to the next level. Here’s a hint: start.

Stephanie Losee with Visa, fresh from Rio for the Olympics, said it just takes one piece of content to begin. Not a launch party. Not a seven-figure budget. Just one piece of content from one SME conversation.

In the same vein, Jenifer Walsh with GE reminded us that content strategy is a marathon, not a sprint. And, that it takes time to build content traction. So, take a deep breath. You don’t have to have a community of a thousand followers on day one.

Finally, Raj Munusamy with Schneider Electric, told us the mind digests visual content six times faster than text. Six times.

What we heard: Goodbye 10-page white papers. Helloooo visual content that wows! (Apparently we should be drawing you a picture, not writing this post.)

So there you have it. Our initial take on two days of all content all the time.

Would we go again? Absolutely. Would Corey remember Cleveland is hot and humid? No doubt. Would Kate pack less? For sure. (Okay, that’s a lie.)

Keep an eye out for future posts from us. In the coming weeks, we’ll share more in-depth learnings from the show.

Share via email