Did you know that on average marketers invest roughly 45% of the total annual marketing budget into an exhibition, and only 64% of marketers set goals and metrics to measure the success and return on investment for that show?
Measuring the success of your exhibition should form part of your overall marketing strategy when considering booking a stand at a show. Here are some tips on how to set specific goals and measure the success of those goals.
Understand your cost vs return.
How many people are due to visit the show? On average about 5% of the visitors will actually walk through your stand and engage with you. You can work on that number to set goals.
How much revenue is generated by 1 sale? How much are you investing?
So how many sales do you need to secure to make a return on your investment for the show?
Set specific goals with quantifiable results.
Make your goal list comprehensive and try to capture all the value you can get from the show, and make the goals specific and metric driven. For example:
Goal 1: 15 sales written during the show. 12 sales written post-show over 6 months.
Goal 2: 75 leads received during the show. 45 qualified leads received post-show.
Goal 3: Gain media coverage of 3-5 articles or mentions in the top trade titles over the next 2 months.
Goal 4: Identify and recruit at least 7 new distributors or partners.
Goal 5: Build a contact database with at least 100 plus contacts for marketing purposes.
Keep it simple.
During the show ensure you have setup a system to collect the leads, sales and contacts that you wish to obtain, in a simple and time efficient manner. Ensure all the staff are briefed on the goals and how to capture them without causing a bottleneck during peaks times of the show traffic.
If you answered yes to any of these questions you have to be at the Exhibition of Exhibitions 2018!
The Exhibition of Exhibitions, a groundbreaking occasion, was designed to equip exhibitors with information and innovative tools to boost the entire exhibition industry.
- New trends
- New technology
- New marketing initiatives when participating in an exhibition or event
- Exhibition of Exhibitions gives you the opportunity to see which shows are available in the market which you can participate in
- Also get the opportunity to network suppliers, stand designers and creatives who can boost your exhibition and event participation
By visiting the Exhibition of Exhibitions, which is FREE to enter, on 31 January to 1 February 2018 at the Ticketpro Dome you will receive the best deals on either participating in a show or by booking your stand builder/ designer during the exhibition
WHO SHOULD ATTEND
- First-time exhibitors looking to find the perfect exhibition platform
- Current exhibitors who want to seek additional platforms and keep up with the latest trends
- Marketing professionals that are interested to learn more about exhibitions and the great marketing opportunities it has to offer for their clients
- View and learn about all the available exhibitions on the market
- Network and connect with leading industry suppliers and exhibition organisers
- Learn how to use exhibitions as a marketing tool for your business
world class training for exhibitors
Visitors please note that this is an AAXO event, which means all exhibitors are AAXO approved organisers and suppliers. This gives you the confidence that all exhibitors at the show are credible
Exhibitor training at EoE
The exhibitor training workshop will cover valuable tips on why exhibitions work, selecting the right stand design for your business, and how to measure return on investment, an important factor for any business seeking growth and survival.
Click HERE for more info.
This event is proudly sponsored by:
If you haven’t already started planning for the exhibitions that your organisation will be taking part in throughout 2018, we’d suggest spending some time before the annual shut down to get prepping. The events industry charges into the new year without hesitation, with some major events happening early in the year.
Bigger, Better and Brighter 2018
Reed Exhibitions is excited to once again organise an array of spectacular exhibitions around South Africa and into Africa as our African footprint grows.
Reed Exhibitions has more than 17 exhibitions in South Africa. The portfolio includes award-winning exhibitions such as World Travel Market Africa, ILTM Africa, Small Business Expo, and Decorex, which kicks off in Durban in March 2018.
There are also some new shows joining the line-up, including SMARTmeetings powered by ibtm events, and Smart Factories Expo in East and West Africa.
We believe that our exhibitions provide a powerful tool for business owners to build the success of their businesses by incorporating face-to-face interaction. As industry-leaders, we are committed to creating market places for your business to help you grow and establish your presence through value-driven trade exhibitions and conferences in growing and developing markets.
For more information on our 2018 calendar, visit http://www.reedexpoafrica.co.za/our-events/
Exhibiting is an investment that can propel your brand forward and gain the attention and interest of your target audience. Here are some tips on how you can make sure you get the most out of any exhibition.
1. Define What Success Looks Like for You
It’s important to set business goals and map out a lead creation plan before going on site to the exhibition. Determine what your main goals are: sales leads/sales on the day/feedback.
This is vital for you to measure and track the success following the exhibition, so that you know what worked well for the next one you attend.
2. Be Selective
There will always be a handful of people who are only there for free giveaways and are not really interested in doing business.
Proposify suggests “Learn to spot a tire kicker when they show up at your display booth so that you don’t waste a huge amount of time selling to them when they have no serious interest in your product. You don’t have to be rude, but you’re also there to do business. You need to move on.
You also might want to have some sort of qualifying activity before someone can take home your t-shirt, coffee mug, or that magical stress ball.”
3. Choose the Right Location for Your Booth
The space you select can make or break your exhibition success. Usually areas near the food and beverage stations have lots of traffic, where stands at the corners of aisles or near the entrances have better visibility.
Make sure you book your space as early as possible – the best spots go fast!
4. Collect emails
Try to collect the email addresses of qualified leads so that you can follow up with them at a later stage. You can reward leads who give you their email with giveaways. Be sure you comply with the CPA and POPI Acts!
5. Follow up ASAP
Once the exhibition is over and you’re back in the office, start the conversation and follow up with those leads as soon as possible.
Planning an exhibition? Here is a handy checklist to ensure a successful event!
According to SME South Africa, there are 4 major and direct impacts that the recent economy downgrade will have on your customers, which will in turn affect their spending confidence.
(Read the full article here: http://www.smesouthafrica.co.za/17188/Heres-how-the-Junk-Status-is-going-to-affect-your-customers/)
Here are some considerations you need to be aware of in order to keep your business moving forward despite economic challenges.
1) Customer Service
In a price-competitive market, one of the most effective customer retention strategies is to have exceptional customer service. If this is something your business is not already working on, now is the time to start improving your after sales service, technical support, response rates on social media, and call centre interactions.
2) Product Information
Consumers are becoming more informed and educated about what they are purchasing, and will meticulously compare competing brands to make sure that they are getting the most value for their spend. Ensure that wherever possible, your product or service information is clearly and easily explained on your website, brochures and other marketing collateral, and that you have an informed and accessible sales team on hand to address any questions promptly.
3) Brand Values
While tough economic times can lead to feelings of desperation, panic and anxiety, it’s important to remember your brand values and not harm your brand reputation by losing focus on aspects like social media community management, de-valuing your products and services by offering extreme discounts, and losing touch on what your competitors are doing in the market
If you’re looking for ways to freshen up your exhibition stand design, take a look at our top exhibition stand trends for this year.
Green is the Colour
Nature-inspired shades of yellow-green add a splash of energy to your stand. This can be pulled through in wall paper designs, signage and using live plants.
Take a look at some colour combinations that incorporate this lively green here: https://www.pantone.com/color-of-the-year-2017
Keeping in line with the green colour trend, incorporating eco-conscious stand designs and décor elements like re-usable banners and signage, and re-purposed material for furniture, both creates an impression with visitors and is kinder to the environment.
Clever use of lighting is often neglected from stand designs or left to convention, however it can be used effectively as a surface, as part of the flooring, and in your displays.
Consider investigating ways to incorporate touchscreens at your stand. They help to keep customers at your stand for longer, but can also help educate interested visitors on key product features and benefits.
What other stand design trends have you come across? Let us know.
Sometimes the opportunity presents itself to become a part of an event or exhibition at the last minute. If you find yourself in that circumstance, read through our list of 5 last minute and inexpensive marketing ideas to let your customers know where you’ll be and how they can get involved in the expo or trade show.
1) Personal Phone Calls
Make a list of your top clients and give them a call to invite them to the event. Adding a personal touch by phoning your guests is helpful in getting them to attend or sending a representative in their place.
2) Create a Hook
Think about a special offer that you can run at the event. Could you offer a discount on items bought on the day? How about offering a special gift or goodie bag to the first 20 or 50 people who visit your booth? Offers like these draw people into your booth and can compel them to make time to attend the exhibition last minute.
3) Revamp your E-Sig
Updating your email signature with details about the exhibition is an effective, simple and quick way to market to people who you would naturally deal with throughout the day.
Include the dates, times and venue of the exhibition, as well as a link to buy tickets.
Send an email to your customer list and people who have shown interest in your business, product or services. Remember to include the details about the exhibition and information about any special offers that you’re running and where they can buy tickets.
5) Online Marketing
Take to your business and personal social networks to update your followers and connections. Add any relevant images to your updates to help them stand out, like the exhibition logo or promotional images from the event’s social networks.
Have you used any other effective last-minute event marketing tactics? Comment and share your ideas with us.
There’s no disputing the fact that video is one of the most impactful marketing tactics available to exhibitors. An eye-catching and interesting video playing on screens at your exhibition booth can be a good way to draw people in to see what you have to offer.
Here are our top 4 tips to create videos that get attention.
1) Use the Correct Screen Size
This may seem obvious, but the size of the screen that you use makes a big difference. Your video needs to be seen easily in an area where the view is not obstructed by large signs or structures.
Make sure that you know the size of the exhibition area, how many other exhibitors are attending, and the floor plan. This will help to guide your decision when hiring equipment.
2) Looping Videos Work
You have a few seconds to get your message across to visitors, and a looping video is one tactic to use to achieve this. While your looping video can communicate a few points, rather than playing a hour-long documentary, keep your video succinct, simple and clear enough to convey a few messages to visitors who may walk past your stand 2 or 3 times.
Tip: Make sure your looping video works without using sound. Exhibition halls are often bustling with sound and adding audio to looping video can sometimes get lost in all the noise. The visuals in your video will need to be impactful and interesting to hold your attention. Consider using some animation like kinetic typography (take a look at this kinetic typography video clip to get an idea of what it looks like https://www.youtube.com/watch?v=JOaqt1pV2Fg).
3) Answer FAQs
Use your video to answer some of your most frequently asked questions about your business, products or services. This can help put skeptical minds at east, and also create ample opportunity for visitors to come to you and ask more in-depth questions or sign up for what you’re offering.
4) Hire a Professional
Invest in getting your video professionally made. You will then have created a high-quality piece of video material that can be used in your other marketing activities too, like on social media, on your website and at other exhibitions.