Let face it, the hardest part about attending a trade show, may be getting permission in the first place! This year your company might be buckling down on marketing expenses and trade show exhibitions may very well be on the chopping block. CMOs, CEOs and Managers are going to look at past successes in order to gauge the effectiveness of exhibiting or attending trade shows. Follow this guide and you will be able to put together a compelling argument to be at this year's premiere material handling show, MHEDA.
MHEDA is the Material Handling Equipment Distributors Association, a trade association dedicated to serving the material handling business community. This annual convention offers sensational speakers, educational sessions, inspirational workshops, and peer to peer round table discussions. MHEDA also brings in exhibitor showcases focusing on the top companies in the material handling industry. Learn more http://www.mheda.org/
Step 1: Justify
First things first, do your research! Download our helpful Trade Show Qualifications Check List and this should get the ball rolling in making your case to attend or exhibit at MODEX.
Step 2: Budget
You'll need to find out how much attending the trade show will cost your company. Illustrate to your boss that you know how to - not only live within a budget - but properly allocate the funds. Download our helpful Trade Show Budget Spreadsheet to see how much attending may cost your company. All you'll need is the:
- Cost to exhibit at trade show
- Employee labor cost to attend
Step 3: Get Permission
Now that you've organized your case to exhibit and how much it will cost - brush up on the reasons to exhibit. We've taken the liberty of creating a concise list of the top 10 reasons to exhibit at a trade show in order to help you remind your manager of the benefits.
- Prospecting. You'll have access to a refined group of prospects, remember the attendees are here to learn more about what your company specifically does. Before you exhibit try to identify key buyers who are otherwise unapproachable over the phone or through traditional forms of prospecting. If you supply goods and services that other exhibitors use in their daily businesses "prospects" may also apply to other exhibitors.
- Qualified Leads. Over the course of the trade show you'll generate viable Leads to follow up with. These are contacts that you have personally met and spoken with. There's no easier way to get around the gatekeeper when calling upon them again than saying "yes, they are expecting my call".
- Meet with Existing Customers. The old saying goes "Kill two birds with one stone". Why not make a weeks’ (heck a months’) worth of sales calls to existing customers in a short period of time by inviting them to attend. Better yet, schedule meetings with clients, by setting up a VIP section of your booth to make them feel extra special!
- Scope out the Competition. Get a clear picture of competitors’ marketing strategy. Compare pricing. Visit different suppliers, hear their presentations, and compare vendors’ points of view. Collect literature for later review.
- Market Research. Get a better perspective of the available market share. It beats hunting for people and spending a lot of time on the phone. Be sure to visit other exhibits to generate relationships, referrals, and get ideas for future exhibits. Try new offers out on hundreds of buyers and fine-tune pricing and product focus.
- Networking and Troubleshooting. Some of the advantages to being surrounded by other professionals in your industry is the opportunity to share, learn and connect. Who knows when that relationship will come in handy down the line? Reach out on Linkedin to help stay in touch during and after the trade show.
- Identify New Suppliers. Find new dealers, representatives and distributors. If you're looking for help, put a sign in your exhibit that says DEALERS OR AGENTS WANTED.
- Establish Industry positioning & Branding. This is your chance to announce to the industry that you’re a serious player. There may be the opportunity for media exposure.
- Product Launches. Introduce new products to the market at the show.
- Find New Employees. Have a job opening? Put a sign up in your exhibit NOW HIRING. who know you may attract potential new hires from your competitors.
Step 4: Get your trade show booth ready!
Do you even have a trade show display? What condition is it in? Who do you need to work with within your company to get started on created a display? Here are some tips about the creation and execution of your trade show booth to help you capture visitor’s attention.
- Always keep your audience in mind. Use Buyer Personas to gauge attendee response.
- Focus on "What's New".Tell attendees what’s new because 50% of all attendees want to see new products and services, not your same old song and dance.
- Grab Attention.You have only 3 – 7 seconds to attract a visitors by telling them #1 who you are, #2 what you do,#3 what your offer is. Make them want to stop and check you out! Don't forget the power of promo items. To make promotional products work, they should:
|Top 5 Promotional Products:
| Promotional products should:
- Theme. To help keep your message consistent it may behoove your company to develop a theme for signs, brochures, table colors, decorations, business cards, etc. This will not only help to keep your booth visually cohesive, but will look more professional. After all - if your company can't create a great trade show booth, then what's to make prospects think you can provide a decent product/service?
- Less is more. Keep the exhibit focused and not crowded with too many items. Arrange products and materials at different heights, rather just flat on tables. Make the display memorable. Any physical papers or brochures should be in clear plastic holders – not stacked flat on table. One idea is to reduce print collateral by using USB drives to distribute content!
- Graphics. Make graphics look like a billboard, NOT a messy office bulletin board.
- Make sure graphics can be read 10 feet away
- Tablecloths should be in a solid theme color (patterns distract from your display)
- Make sure your company/product sign is shown prominently at highest possible point in your exhibit (signs on lower section of tables get hidden when people are in front of it).
- Most locations do not allow you to fasten signs to their walls or materials, so be prepared to display large signs on easels.
Remember there's power in color
Black = Portrays power
Gray = Encourages creativity but can be perceived as dirty.
Brown = Interpreted as informal
White = Signals purity and honesty.
Red = Attracts the eye, and is high energy
Orange = Attracts the eye but conveys “cheap.”
Blue = Has a calming effect and encourages fantasy
Silver & Gold = Indicate top-dollar products
Yellow = Brightens but if used too much can cause attendees to become cranky
Green = Helps surroundings become more familiar, and is associated with the environment and money.
- Education. Consider offering a semi-formal educational events to attendees. Think about your most frequently asked questions your company receives and present them in a low pressure educational style setting.
- Get professional help. If there are certain aspects of booth design that aren't your cup of tea, then consider hiring a professional. You'll probably outsource your printing and give-away needs, why not so the same for graphics, booth displays, and/or transport package for your booth to get to the trade show location?
Step 5: Trade Show Check off list
One - Two months before
- Get your ideas about theme and products down on paper
- Create deadlines and milestones. Reverse engineer your timeline, if the trade show is out of your state you need to make arrangements for your booth and supplies to be shipped well in advance.
- Practice setting up exhibit at home or in your office – then ask for evaluations from neighbors, business associates, sales persons, etc.
One - Three weeks before
- Get all printing and signs prepared at least one week in advance.
- Take samples of products – not all you have.
- Get all your supplies together and consolidated: Decorated box or basket for contest/drawing, with sign describing prize, stapler, tape, signs, paper clips, pens/pencils, brochures & plastic holders, display items to draw potential clients to your table, business cards, writing pads for lead information, visual aids, tablecloth, easels and display stands.
Day Of - Do’s
- ALWAYS: Have exhibit set up and staffed by the opening time.
- ALWAYS: Memorize 1 or 2 effective messages (ie. ”17-second Business Commercials”) that spell out the benefits of your services or products.
- ALWAYS: Dress for maximum effectiveness in terms of colors, image, etc.
- ALWAYS: Wear comfortable shoes, drink plenty of water
- ALWAYS: Take breaks, but always staff booth when visitors are walking by
- ALWAYS: Stand to greet visitors, smile, engage them with questions to get responses, reach out to visitors, welcome to show.
- ALWAYS: Be a good listener, be confident, make a good first impression.
- ALWAYS: Know when to kiss, to bow, to shake hands and to disengage contact
Day Of - DON'Ts
- DO NOT: Eat food in booth during exhibit time – arrange to do it away from table.
- DO NOT: Talk on cell phones to anyone – set cell phones to take messages and then if needed, make calls away from exhibit.
- DO NOT: Sit while talking with visitors – stand accompanied by a welcome smile.
- DO NOT: Fold arms defensively – use hands to refer to items in your booth.
- DO NOT: Let friends gossip or take your time away from business visitors – arrange to meet later.
- DO NOT: Pick up early and leave. Stick with scheduled time, unless absolute emergency with permission of organizer.
Step 6: Follow Up
Check out our blog 10 Things To Do After Attending MHEDA for some tips on managing prospects & leads.
Valley Box is a San Diego based industrial packaging company. We create custom material handling solutions which are perfect for assembly lines, warehouses, distribution centers, stock rooms and anywhere else that moving loads is required. Visit our Custom Material Handling website.