Ah, trade show season is upon us. Trade shows cost a lot of money – not only the time employees will be out of the office, but costs for a display booth, collateral materials, airfare, lodging, meals and miscellaneous expenses always come into play. That’s why the value your business gets from a trade show is more important than ever. But how do you measure that value? And how do you know if you’re at the right show?
Determine your show goals. Are you there to socialize and network? Are you there to sell? Trade shows can be important for both reasons, but setting expectations before committing to a show is important. You might have a show that isn’t high on your priority list for sales opportunities, but your absence would be noticed.
Make use of the attendee list before the show! Yes, you have your customer list, and you’re probably going to set up appointments with those people while you’re out there. But that trade show you’re going to has a critical mass of potential buyers – connecting to them before the show via e-mail or direct mail can help set you apart from your competitors. Bonus points if you can find a creative way to drive them to your booth.
Work the floor! We’ve told you about this before – keep your booth and employees looking sharp and at attention for the next big customer.
Follow up on leads. Take time after the show to follow up with everyone you and your team met. Even if they said your product wasn’t the best fit for them, you never know if they might refer you to someone else. Plus, it’s important to develop lasting relationships to grow your business.
Measure and report. Let’s get back to those goals we mentioned earlier. If you set a measurable goal for sales, prospects, etc., take the time to actually report your results to the team. A lot of companies set a goal and never go back to see what was accomplished.