When Trade Shows Don't Make Sense
I'm about to become a heretic. Get those $6 bottles of convention hall Aquafina ready. It's the closest thing we have to holy water.
Since the mid-90s when I fell into the trade show biz, I've been conditioned to believe that every organization benefits from a well-planned trade show marketing program. It doesn't matter whether it's a Fortune 500 Goliath operating on seven continents or a three person non-profit in Elizabethtown, KY. Trade show marketing, when executed properly, is an efficient tool for finding new customers, spreading a message, introducing new products, and solidifying a campaign. And even as virtual trade shows have gotten more chatter, those of us "in the know" know that Face-to-Face Marketing trumps Face-to-Space (as we call virtual trade shows) every time.
That said . . . Trade shows may not make sense for every business. It may not fit their business model or growth plans. Or, they may not have the internal capacity or skill to plan and execute a strategy. For these folks, participating as an exhibitor would be a waste of time, money, and resources. That doesn't mean that they shouldn't attend trade shows. For some companies, simply attending rather than participating makes far more sense.
When Exhibiting Doesn't Make Sense
If you are one of those fortunate organizations that has more business than you can handle, then priming the pump at a trade show would only exacerbate the problem. You need solutions on how to handle existing business, and there are any number of shows for that.
2. Growth Restrictions:
Some companies, and some non-profits, simply do not want to grow or are unable to expand for financial or personnel reasons. They don't foresee their organization getting any larger (or any smaller). Many private practice physicians fall into this category.
Trade show marketing takes time and talent as well as money. Buying a display is not a plan any more than buying a car is a drivers license. Too many companies participate in trade shows without a plan and then wonder why the show wasn't more successful. Frankly, there are very few unsuccessful shows, but there are lots of unsuccessful exhibitors. If you don't have the time or the talent to be an exhibitor, then walk the show as an attendee or hire an exhibit house to coach you.
Trade shows can be expensive, if you know what you are doing. They can be insanely expensive if you don't. Done right (are you beginning to see a theme?), you'll more than recoup your investment every time. Done wrong . . . at best, you'll waste money . . . at worse, you'll damage your organization's reputation. If you can't afford to look presentable, then don't participate. It's like showing up at a wedding in cutoff jeans, flip-flops, and a muscle shirt. It's inappropriate and you'll look like a duffus.
Who you send to represent your organization matters. Some exhibit personnel are lazy or confused. They're there because the show is in Orlando and Mickey Mouse beckons. When attendees can track them down, they yawn, pick their nails, and scratch. Others have social skills that would make a third-world dictator proud. Still others know just enough to be dangerous. What they share could sink the company because of their lack of knowledge or their discontent with management, co-workers, or the selection in the company vending machines.
If senior management doesn't "get it" and only "tolerates it," then don't waste your time. Trade shows demand the attention and the support of senior management. While they may not be able to attend smaller shows, they should always be at the major industry shows -- in the booth and greeting clients. A management team that never works the booth doesn't understand the value of face-to-face marketing.
7. Bad Fit:
Some businesses, non-profits, or government agencies are simply a bad fit for any trade show: local gas stations, state prisons, para-military hate groups, illegal drug dealers, pimps, etc. I'm sure there are lots more, but it hurts my head to think about it.
It's important to remember that trade shows come in many shapes and sizes. There are the biggies, like the Consumer Electronics Show (CES), medium ones like the National Electrical Contractors Association, and local ones like Home and Garden and Chamber of Commerce shows.
Every year, there are thousands of trade shows. Choosing the right one(s) can be challenging without the guidance of someone who's been there and who knows the "ins and outs" of trade shows. That's where a trade show consultant comes in handy. They can advise you of the right shows, the best exhibit design, and how to market yourself. In the world of trade shows, the expression "penny wise and pound foolish" is the mantra of many exhibitors. Don't make that mistake. If you choose to be an exhibitor, seek the advice of professionals and plan, plan, plan.
For more information about trade show or event marketing, give us a call or Contact Us. We welcome the opportunity to assist you with your next event.