3 Tradeshow Myths and How to Handle Them

 

I: You get what you pay for

If only it was true. True quality is relative to the price but not always the direct match we are lead to believe. Many companies waste money by poor planning, poor execution, and poor choice of vendors. The unfortunate aspect of tradeshows is the enormous amount of details which needs to be resolved in a relative short period of time.

Three things you can do to save your company money;

1. Don’t become the bottleneck in the process, if you are reading this it means you are in a position to impede or expedite decisions that have a direct impact on cost and performance of your tradeshow group.
2. Develop a schedule of things to be done and delegate the items to others who can perform them just as well as you but be very specific of the task and appropriate actions to be taken.
3. Make sure your vendors have actual tradeshow experience and dedicated to helping you, not just themselves.
The pop-up on the left is $3,330 the pop-up on right cost $2,727 same product different vendors.
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II: The more the better

This is true when referring to qualified leads but not much else regarding tradeshows. More space, more show floor promotions, more bags, more handouts, more staff, more product, more signs, etc. do not compare to more prepared. And certainly more money is not always the answer, although sometimes it is.
To get more of the first (qualified leads, sales) without spending more of the last (money) YOU meaning you need to realize how important your role is in the process and realize the clearer your desires are presented earlier in the process the better the results. Five minutes of your time at the right time can save hours and hundreds if not thousands of dollars later.

Three things you can do to better impact the process;

1. Set out in clear written form the company’s objectives for each tradeshow, including how it fits into the corporate strategy, how success should be measured, the budget and your hot buttons, (the things only you can judge). Then get it approved by those who will judge the success.

2. Utilize your staff to handle important tasks while outsourcing those tasks others can do better at lower cost so you and your staff can do the jobs that will have the greatest impact.
3. Require all booth staff to attend training before they can staff a booth. The pair on the right are too busy with texting to pay any attention to attendees at this very busy (except for their booth) show.  
       

(Photo iStockphoto.com and Preempt Marketing)

III: A tradeshow is just a tradeshow or your marketing and sales department believe “tradeshows are a big waste of …”

These words are music to the ears of a competitor who really understands the value of a successful tradeshow. Tradeshows are expensive but with a good strategy, good execution, and good follow-up the results can be spectacular. And no a tradeshow is not any tradeshow they are all different and the results to be gained are directly related to the choices made for going into the show in the first place. Finally if your tradeshows have been a waste of time, money or resources then you are dealing with the wrong approach.
(iStockphoto)

Three ways to tell if you are on the right track.

1. Company (meaning management) have developed clear trade show strategies including but not limited to:

1.1. Written goals for each show (i.e. leads, sales , meetings, etc.)

1.2. Realistic budget for each show

1.3. Approved staff training

2. Also given you the authority to match the responsibility you have with each show.
3. Make themselves available on short notice to deal with approvals where you need their input.

   

It may be a bit of a stretch to think you would  ever have everything you want but make sure you at least have what you need. Look to other departments not normally in the process for help when you need internal help, like HR for training help. Many companies have cut staff in trade show departments, if they had one at all but given the short term nature of events it should be possible to pull in other corporate resources to help if timed properly. Managers should be involved when their departments are responsible for certain elements of the show (marketing, product managers, sales).