Wednesday, 19 June 2013

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How to Be More Credible
How to Be More Credible

So, how do we create credibility with someone we don't know, or don't have a history with? Here are some ideas.

1."It's not bragging if you've done it." If you've earned your stripes in your business or industry, don't hide that fact under a rock. Trumpet it to add to your credibility! Drop in statements such as,

"In my seven years in this business, I've learned that ...

," or,

"I've worked with over 550 retailers, and I always find that..."

2. If you're not on commission, it doesn't hurt if they know that. Hey, I know most of...
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Trade Shows



Are Mobile Show Guides the Way of the Future?

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Marketing - Trade Shows
Written by Barry Siskind   

Trade show exhibitors are quickly moving away from having excessive amounts of hard-copy brochures, price sheets and catalogues so it’s no wonder that the paper-based show guide should also be placed on the endangered list.

Technology has made it possible to bring trade show exhibiting one step closer to being environmentally friendly by switching from paper to electronics.  It is now possible to put the entire show guide on one user friendly app.

Companies like Mobi, Guidebook and TapWalk have taken the lead in producing the first generation of apps that hold the promise of greatly improving the efficiency of exhibitor’s performance.

What these apps do, in a nutshell, is not simply replace the hard copy show guide but also create an interactive show environment.  The way it works is that the show manager will contract with a Mobile App service company and then offer exhibitors the opportunity of participating either by having a basic listing or through more sophisticated sponsorship offerings.

Then the show manager will promote the app to its attendees describing the benefits and the procedure for downloading.  Some of the benefits to attendees include the site map, listing of exhibitors, conference schedule, social media browsing, interactive sponsorships, links to exhibitors and product information, to do lists, a place to share show photographs, interactivity with other attendees and more depending on the vendor that is providing the app.

According to Dave Owens, CEO of TapWalk the real value of a mobile show guide app to exhibitors is access to analytics. If exhibitors can know how many people clicked onto their show site, who these attendees visited, and their unique traffic patterns at the show, this technology opens the door to a new level of sophistication to calculate Return on Investment or Return on Objectives.  

For those exhibitors whose exhibiting objectives are to make a sale or gather quality leads for future follow-up, they now have access to the names of people who took the time to open their show link. It tells this exhibitor which of their competitors the visitor has seen  and how long they spent on competitors’ pages.  For those exhibitors who are interested in developing awareness of their brand or to create a presence, sponsoring the app becomes a method of ensuring that their name is top of mind. In addition exhibitors have access to such information as the sequence of booths the attendee has visited and the search terms they used .

The real question is, “do they work?”  A study of the use of mobile show guide app used at the Prospectors and Developers Association of Canada (PDAC) trade show, which attracted thirty thousand attendees from 125 countries, the use of their mobile app has grown. [1]  Here is what they reported after their 2013 convention:

2012 2013
Visits to site 10,030 20,904
Pages viewed 5,327 154,404
Pages viewed per site 6.71 7.39
Average time spent at site 4 min, 26 sec. 6 min. 42 sec.
Average time spent on each page     48 seconds 52 seconds


This study suggests that attendees are becoming more comfortable with mobile apps and relying on them more for up to date show information.

When an exhibitor is faced with a decision of whether to participate in the show app, Dave Owens suggests they ask the  show manager a few pointed questions such as:

•    Is the app customized to the show or is it generic?

•    How will attendees be able to upload the app?

•    When will the app be available to the attendee?

•    How will show management promote and market the use of the app?

•    What types of analytics will be available to exhibitors?

•    What is the level of confidentiality of data collected?

•    What are the costs and benefits of the particular app that show management has chosen for their show?

Mobile show guide apps provide is access to “Big Data,” on a very specific situational basis. The possibilities are endless when exhibitors understand how to mine this data. What we are seeing in the marketplace now may only be scratching the surface of what is yet to come but for those exhibitors looking to find the real value for their investment, this holds the promise of being a worthwhile tool.

 

Do all Booth Staffers Need Continuing Education?

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Marketing - Trade Shows
Written by Barry Siskind   

I have heard this so many times – it makes me want to scream.

“Our staffers have been involved with our exhibitions for years and know what they are doing. “

Think about it. What profession graduates its members and never includes educational updating? Yet, when it comes to sales and communications, particularly in face-to-face situations like an exhibition, continuing education is made to sound more like a punishment than a perk.

Why is it so important that each member of your staff be regularly updated on new information and tools and techniques that would make their trade show participation more up to date and productive? The answer lies in three key criteria; demographics, technology and expectations. Let’s look at each.

Demographics

The US based Center for Exhibition Industry Research has stated that by 2015 there will be – for the first time in history – five distinct generations of attendees populating the trade show floor. The five are: Traditionalists born before 1946, Baby Boomers born between 1946 and 1965, Gen X born between 1982 and 1981, Gen Y born between 1982 and 1997 and Gen 2020 born after 1997.

Five generations who all have their unique perspectives, motivations and preferences? The result is that when one of these generations is approached at a trade fair and not treated as they would expect the impact of the encounter is greatly reduced.

Technology

Technology has exploded and is part of everyday life. Just think, for example, what would happen to the world we know if for some mysterious reason computers disappeared. This sounds like the plot of a sci-fi novel.

One of the things technology has given us is a tremendous growth in access to information. Today’s attendees have more information at their disposal and are further along in the buying cycle all because of technology.

Attendees have done their research on the products and services that hold the possibility of making their lives and jobs easier and more productive. They have spent time looking into the companies that represent these products and services and through social media have reached out to their community and asked for feedback. When a staffer confronts one of these people and pitches product information with no regard to the individual, the impact is lost.

Expectations

We live in a world measured in Nano-seconds. Everyone, no matter what their personal objectives for doing what they do, wants to create value for their efforts. The expectations we have for nearly every action we take has never been higher. As an exhibitor you need to obtain value for your corporation and the resources it has invested in your exhibition program. Attendees need to get value for their time.

No longer do attendees casually browse as they walk up and down the aisles at a show. The Center for Exhibition Industry Research reports that 73% of attendees have a pre-set agenda.  They have decided which products and services they wish to learn about and which vendors they want to talk to. Once they approach a trade show booth they are primed with questions and are eager for an experience that will lead to their solving an issue they are wrestling with.  This is totally different those decades ago when staffers pitched products to anyone who walked by with the hopes of making a sale. It requires a new level of competence when handling the public for they are under constant scrutiny to perform at their highest level. One misstep will affect the value that both parties so desperately want.

Conclusion

The bottom line, to paraphrase Albert Einstein, is, if your booth staff does what they always did, they will get what you always got. If they want better results for your exhibition investment they are going to have to do something differently. Your investment in their continuing education can reap huge rewards.

 

The Subculture of Social Media and Tradeshows

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Marketing - Trade Shows
Written by Linda Musgrove   

Hi, class! Today we are going to cover one of the most universally innovative movements in all of business and technology and how it specifically relates to tradeshow marketing. Social media, a form of integrated marketing communications, is a group of Internet-based applications that allow the creation and exchange of user-generated content. Although widely perceived as an extremely economical method of marketing, in order to be successful and effective, investment should be made in content as well as an in-house or out-sourced expert on the intricacies of this phenomenon.

Tradeshow exhibitors are increasingly learning to take advantage of social media sites like Twitter, YouTube, LinkedIn, Facebook and others to locate, identify and communicate with clients, vendors and prospects; this is also known as building communities (a.k.a. networks of contacts).

Whether 'tweeting' a raffle prize drawing from one's booth; posting the winner's photo on Facebook or even uploading a satisfied client tradeshow interview on YouTube, there are several essential factors to keep in mind while acclimating to the subculture of social media and tradeshows.

Fans and followers
In order for exhibitors to use social media to their advantage, it is paramount to have a "following," also known as a "community." Without an expansive roster of interested or at least potentially interested parties, social media efforts will be futile as well as a waste of productivity. Hire or train a qualified and progressive candidate who is creative, has extensive Internet knowledge as well as strong marketing intuition. Building a social media "following" is a function of joining the appropriate media sites and then simply reaching out and exchanging information just as one would do at a physical networking event.

For instance, on Facebook, you build a comprehensive page or business "profile" with all pertinent details prior to "networking." Think of it as if you were to attend an industry networking event; you would be armed with business cards, brochures and the like as well as being dressed professionally and appropriately. Same concept. Don't reach out without preparation and presentation.

Now you are ready to "circulate."

Each site is different. LinkedIn is a networking site where professionals "link" with one another through invitations and business referral exchange serves as the primary objective. Facebook allows you to create a business page that groups and individuals can "Like" (or "Friend") resulting in their automatic receipt of your postings and links.

Reaching out and connecting with those in your industry and its peripheral is how the social media phenomenon unfolds. Suddenly a colossal world of contacts will open through site suggestions and mere exposure through existing ones.

Each site has different protocols, etiquette and objectives that need to be adhered to in order to maintain legitimacy and credibility. Be sure your social media pro knows the laws of compliance and the intricacies of each available site. Being flagged can be embarrassing and can jeopardize site membership eligibility!

Timing is everything
Keeping posts and links relevant and current is critical to Social Media marketing success. An exhibitor should announce participation at a trade show approximately six months in advance following up with periodic reminders and other show-related "news" before, during and after the exhibition. Take advantage of the opportunity to publicize contests, presentation schedules as well as giveaways and when it's all over – show success

The key is to spread out the information in a timely and strategic manner in order to keep interest peaked. Redundancies and over saturation of information can cost you valuable exposure as Followers tend to breeze or skim past by that which appears to be old or repetitive information. Posts or links should have strong headlines or openers, brief yet concise information and art (graphics or photos) is always helpful in any form of media.

There is nothing wrong, in fact, it is recommended to share with your community or specific members when there are links and information of interest relating to not only your company but the industry at large. Thinking of and helping others in your community is always important, whether in the real world or cyber space.

Give and take
Social media sites can be curious in the sense that no one really knows who and what is going on at the other end. It can be insulting when one only posts and does not share, comment or most of all, neglects to reply when a friend or follower reaches out. Intermittent social media participation does an exhibitor a true injustice. To succeed, it is vital to be consistent. The cultivating and nurturing of these relationships – while most predominantly 'social' in nature – can someday turn into a deal, a referral or opportunity of a lifetime.

Blogging rights
Blogging is another form of social media that involves a website or part of a website maintained by an individual, writing commentary in the first-person, who has a following due to their expertise or occult appeal to a specific market. An exhibiting company fortunate enough to have a well-received in-house blogger should take advantage of the medium to update followers with details about current shows and related information thereof. Again, commenting on as well as sharing and posting others' blogs is a way of paying it forward.

Homework:
• Generate current and relevant content
• Be consistent through posts, replies and shares
• Watch your business grow

 

A Fresh Approach to Recruiting Booth Staff

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Marketing - Trade Shows
Written by Barry Siskind   

Allocating staff to participate in a corporate exhibit program is fraught with challenges such as.

•    Resentment from sales staff, who would rather not leave their territory to participate in a show where they are not closing deals,

•    A perception that working the booth in exotic location is a perk like a paid vacation, whereas in a less attractive location it is thought of as a punishment for a sub-standard performance,

•    A shortage of trained personnel, who can effectively achieve the corporate exhibit goals,

•    The misconception that older and more experienced staff will do a better job than younger staff who have not developed strong customer relationships.

•    The cost of training new staff is prohibitive.

While the validity of each of these reasons can be debated, what is crucial is to step back from your corporate perspective and look at what your customers want. When you compare your customer’s needs to what you are doing to satisfy them, you might see that you may be missing a great opportunity.

The following chart, which is taken from a recent study by the Centre for Exhibition Industry Research, highlights the problem.

Preferred Exhibit Staff Profile by Job Function
 

Most Preferred by

Attendees %

Exhibitor Representation

(Mean) %

Sales/Marketing 56 30
Sales/Marketing Management * 27
Scientific/Technical 51 3
Executive/Upper Management 46 27
Research/Development 50 3
Production/Operations 47 4
Engineering 42 3

Source: CEIR, The Role and Value of Face-to-Face, Exhibition Staff Practices, Report F04.12

In each category exhibitors are under delivering on attendee preferences. For example the top three categories that attendees prefer to meet at a trade show are sales/marketing, scientific/technical and research/development. Each of these categories was preferred by at least half of the respondents. Yet, the closest that exhibitors came to satisfying attendees desires is with sales/marketing at a mere 30%. The other two categories could have been completely ignored at 3% each.

If we agree that one of the primary rationale for face-to-face marketing is the ability to engage customers in the process of finding solutions, then we can also agree that we should be providing these attendees with access to the people they want to converse with. The solution then is to re-think the recruitment and training practices that may have served well in the past but may leave future performance expectations flat at best.

The following are the steps to a new and more dynamic human resources plan for your exhibit program:

1. Create specific profiles of the people you are hoping to meet at the events you participate in.

Profiles go beyond basic demographics and should include as much information about the people you are attempting to meet as possible. Remember that when you participate in a trade show you are selling to corporations but communicating with individuals.

2. Obtain senior management commitment to the importance of your exhibition program and your need for digging deeper into for people to represent your corporation at shows. When support comes top-down it not only provides motivation for staff to get involved it also makes it easier to obtain a commitment for the resources you need to implement your exhibit program.

3. Create a program that highlights the opportunity for staff to represent the corporation. Your staff is often motivated when they see how their help will benefit the organization as well as themselves. A new program allows you to tap into often forgotten human resources and convert them to company ambassadors. When launching this, you need to articulate each ambassador’s role.

4. Communicate your rationale for expanding your search for staff. One of the easiest tools to use is the chart in this article. If your staff knows that customers have expressed a desire to talk to them, you have created a value proposition that can’t be easily ignored.

5. Train staff on interpersonal skills, product knowledge and what it means to be in the public’s eye. The first step is to shed off the stereotypes of who is the best person to work at an exhibition. Successful booth staff do not have to be extroverts or “born” sales people. Rather the basic need is their passion for the products and services and corporation they represent and a desire to share what they have learned. Once that’s in place, the specialized skills they need to master can easily be integrated into their individual personalities.

6. Reward those who have successfully represented the company at a trade show. This goes back to having senior management support. Perhaps your CEO could sign a certificate to all your Ambassadors thanking them for their commitment. Maybe you can publish some of their success stories. Perhaps you can survey customers and determine how your staff has affected the relationship with the customer. There are a multitude of rewards that go beyond a monetary gift.

If you really want to positively impact your exhibit program think about introducing a program that lets you uncover some real talent in your organization that might be eager to take on this new challenge.

 

Top 5 Tips for Finding the Right Show to Exhibit At

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Marketing - Trade Shows
Written by Linda Musgrove   

ExhibitionHello Class. Good to be back with yet another TradeShow Teacher lesson. Today, we'll be talking about "doing your homework" during your show selection process. When I say "homework", I am talking about the due-diligence process before you decide on a show, not the homework I'll be giving you at the end of this article! Finding the right show is a little bit like dating. You know there is a perfect match out there, but that match is often a little tedious to find. There are plenty seemingly attractive ones to choose from and usually you can tell pretty quickly if you like one or not. But once you do like one, you need to learn more before you can get serious and start writing to your parents – ah, I meant your boss, about it. In all seriousness, there are a couple of important details to check out and verify before you commit to any specific show.

1.) Getting Started

If you are new to my column or were naughty and didn't pay attention in previous lessons, let me remind you of the prerequisites before you can even start evaluating a show for its suitability:

- Know what your goal (or goals) is. Usually that is obtaining new sales leads, but sometimes a show can be about maintaining business relationships, creating industry exposure, public
relations or even, like one client I once had, about annoying your competitor.
- What are the verticals you are trying to reach?
- What type of event are you looking for? (regional, national, international event)
- Who are your key prospects in each industry? (CFO, VP, Purchasing Director, Managers, etc.)

2.) Show Prospectus

Make sure to get a show prospectus for every show you are considering. The quality and accuracy of data somewhat varies, but in most cases they contain facts and figures about attendee profiles, titles, purchasing roles, budgets, sales volume and geographic location.

A show prospectus may also include booth package information and a listing of marketing opportunities. Most of the time, you can easily download this information directly from the show website. Usually there is a link to an exhibitor information area of the website designated as "exhibitors", "exhibiting", or something similar. Always keep in mind, the show prospectus is a sales and marketing tool of the show producer, so expect to find only the positive data points in there.

3.) Show Audit

Always ask if a show audit of the previous year's show is available. The type of facts and figures provided is very similar to the show prospectus, but show audits are verified by a 3rd party, confirming attendee data accuracy by monitoring the show registration process and following up with attendees post-show.

Any audit is only as good as the auditor though, so it's always a good idea to research the audit company a little to make sure it's not the show producer's nephew and that company only audits that one show! The EEIAC, The Exhibition & Event Industry Audit Commission currently has three audit companies certified: BPA Worldwide, Exhibit Surveys, Inc. and VERIS Consulting, LLC.

4.) Personally Verifying Show Data

Something you should do in any case, but certainly if there is no 3rd party show audit available, is solicit information from exhibitors of the previous year's show. Look for last year's exhibitor list and select a few companies from your industry or who target similar prospects. Simply call and ask to speak with their show manager. Ask them about their exhibiting experience and whether it was worthwhile to exhibit there. Here are some sample questions to ask; add additional questions, specific to your needs.

- Did they feel the attendees fit the show's description?
- Was the show turnout good?
- Would they exhibit there again?

Another good source of information about the show is previous attendees. A reputable show will be willing to provide you with a small sample of previous attendees. Call several of them to ask about their impression of the show. Here are a couple of sample questions to ask, like before, customize questions to your business needs.

- What were their reasons for attending; did the show meet their attendance goals?
- Do they plan on attending again?
- What contributing factors make them want to attend again?

5.) Show Promotion Plan

Another item worth researching is the show producer's plan for the promotion of the show. This is something you typically don't find on the show web site. A professional show producer will have developed detailed plans to reach and attract a well-defined audience and be willing to share that plan with potential exhibitors. At minimum, any such plan should contain most or all of the following items:

- Defined target audience and how they will be reached.
- Outline of print advertisements, including the publications they will run in, with publication distribution numbers.
- Direct mail and e-mail campaigns: the number of campaigns planned and who they will be distributed to.
- Press releases: topics, distribution schedule, distribution outlets and other areas of placement. - Online advertising: list of websites, size of ads and advertisement schedule.
- Radio or TV coverage etc.

If the show is not willing to share their plans with you, consider that a red flag since it almost certainly means they have something to hide. It might simply be the fact that that they are behind on their planning which is a bad sign in itself, but it could also be a part of a greater problem, such as disorganization, lack of planning or funding and lack of preparation for the overall show.

Homework

Matching Your Research Results to Your Requirements

Now that you have collected all pertinent information about your prospective shows, it's time to see how they match up. At minimum, you should look at the following data points; ask yourself for each show:

- What initial goals does this show meet?
- What key prospects attend this show and what is their purchasing authority?
- Will you have the resources for effectively planning and exhibiting at the time of year the show is scheduled for?
- Do you have the budget for all related expenses?
- Can your sales team manage the show leads acquired at that time of year?
- Are there other conflicting company events?
- Are there high concentrations of competitors exhibiting?
- Are the competitors too large or to well positioned to compete against?

That's it for this lesson.

 
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