Trade Show Strategy: Quality Displays Matter
When you exhibit at a trade show, the quality of your display really matters to increase booth impact. A brilliant concept or a great design will fall flat if the booth is poorly designed, manufactured from inappropriate materials or poorly constructed. Smart exhibitors establish very specific quality criteria before they start to work with a design company on their booth.
How do you define quality?
Quality can be the combination of many factors: design, durable materials, craftsmanship, use of innovative technology, low environmental impact, and so on. Quality is based on your needs, your company’s or organization’s goals and your target customers’ values.
Here are a few things to consider when you develop your exhibit quality criteria.
- Quality Graphic Design
Great graphic design is critical if you want to present your company in the proper light. No matter how much you spend on booth production and construction, if the graphic design is not first-rate, it will not matter. - Specify Quality, High-impact Materials
You may not be able to specify exact materials for your exhibit but you can require that the materials used are high-impact materials that are suitable for the handling, wear and tear you expect for the exhibit. - Review Sample Work to Evaluate Potential Firms
Look at samples of design firms’ work to evaluate each firm’s production quality and attention to detail. - Everything in the Exhibit Deserves Consideration
The quality standards should apply to every part of your exhibit: displays, sales collateral, premiums, even the exhibit staff’s apparel. - Structural Integrity
If your booth exhibit incorporates large, constructed elements, make sure that they are properly engineered to eliminate any risk of structural failure. - Installation and Takedown
Poorly managed installation and dismantling can undermine every investment in quality you make. Make sure you have a professional managing both installation and takedown. - Quality Packing and Shipping
If your exhibit is poorly packed, it is more likely to be damaged in transit. Think about including quality crates or cases in your budget. With proper packaging, your booth will be properly protected when shipped and you many actually save money in the long run by reducing operating labor costs.
Goal Setting – How to Evaluate a Successful Tradeshow
As corporate tradeshow marketing professionals, justifying participation in trade shows is one of the most daunting tasks that we face. The competition for every penny of your marketing budget is fierce and very few executives are in love with tradeshows.
How can you convince others in your organization that shows are a good investment? How can you say that you had a successful show when there was never any measurement technique established? Like any other investment, it must start with goals. When the decision is made to exhibit in a show, you and your team need to produce a written set of measurable goals that everyone buys into.
These may include a number of completed lead sheets, meetings with certain key prospects, the number of individual demonstrations, etc. This list, created well before the show provides a very effective guide for exhibit design, graphics, booth staffing and show activities. Everything planned for the tradeshow must be done with your goals list in mind.
During the show, you can assemble the data to report which goals were achieved and which were not.
A team meeting 2 weeks after the show will allow you to share your results and will clearly demonstrate the value of the show. This then becomes a procedure that is done for every event.
A lack of goals leaves the future of your tradeshow program totally to chance. Need help establishing your goals? Our exhibit management is based entirely on strategic planning. Let’s Talk.
Buying Versus Renting Tradeshow Exhibits
Many organizations don’t realize they can test the waters when it comes to tradeshow exhibits, renting before they commit to buy. For some companies, however, especially those that know they will be exhibiting multiple times throughout the year, buying might be the best and most cost-efficient option.
Let’s take a look at some of the rationale behind why companies choose to rent over buying and vice versa. There are pros and cons to both approaches.
Why rent?
If your company has never before exhibited at a trade show or are fairly inexperienced with trade shows, you might want to consider renting the first time around. After your first experience, you’ll have a much better idea of what your company’s needs will be for future shows in terms of space, size, design, functionality, etc. You’ll also have a better sense of whether participating in trade shows will help your company meet its marketing objectives.
Renting the first time will also give you the opportunity to check out what your competitors are doing as far as exhibits. You don’t want to have the exact same booth as your competitor. Your company needs to stand out amidst the sea of competing exhibits to drive traffic and draw in prospective customers.
Another reason to rent may be that your company simply cannot reasonably afford to buy its own exhibit. Tradeshow booths can cost thousands of dollars, so unless your company has a proven track record of success at trade shows, it may be wiser to rent. Hopefully, after a few successful forays into trade shows, your organization will be able to financially justify the purchase of its own trade show booth.
Why buy?
If your company regularly exhibits at trade shows, even if it’s twice a year, then it may not make sense not to own your own booth. Rental fees quickly add up, so if your company is committed to participating in multiple trade shows or events throughout the year, purchasing your own booth makes good financial sense.
Experience at past trade shows also means you have a solid understanding of what type of booth your company would require; overall footprint and layout, the size of actual booth space your company is reserving for each show, and overall type of design. Chances are you also have checked out your competition’s trade show exhibits and know what your company will need in terms of its own booth to stand out.
Keep in mind that many exhibit companies will allow you to put the money you spend on a booth rental towards the ultimate purchase of a booth. In this way, renting before buying is a great way to experiment with different booth designs and see what works for your company before diving in and making the investment in your own tradeshow booth.
Trade Show Strategies: 5 Ways to Cut Cost and Make a Big Impression
It’s just smart business to look for ways to get more from your trade show budget. Since your competitors are probably getting creative with their budget too, it’s the perfect time to take advantage of the situation with some out of the box thinking.
There are lots of ways to save money on your trade show budget – from managing travel and entertainment expenses to strategies for consolidating shipments to the show – but I’ll leave all of that to you. My focus is on ways to save money on your trade show booth without giving up any marketing impact. Here are a few tips on how your trade show booth can be high-impact for less money.
- Reduce transportation costs with a new lower-weight booth
Trade show design has really changed in recent years. High energy and transportation costs pushed design houses to rethink their approaches. New booths are constructed from light-weight, high strength materials, are less expensive to ship and also have a sleeker, more contemporary look. - Design for easy assembly
As designers began to work with new materials and modular components, hard-to-assemble booths built with rigid infill panels and wooden construction have gone the way of the dinosaur. Find a design firm with a proven track record of creating booths that have big graphic impact but do not require a cast of thousands to set up. - Rent – don’t buy
Many large trade show design firms rent trade show components and booths. If your company only has one or two trade show events each year, or you need to get a larger booth just for one annual trade show, renting can be a great option. - Buy a Used Trade Show Booth and Accessories
Some companies trade in or sell off trade show displays frequently in order to update their display to match their latest ad campaign. A smart buyer can pick up a like-new display for a fraction of the original price. If you take this route, be sure to buy from a provider who refurbishes and customizes displays. - Update your current Trade Show Display
If your company already has trade show booths, take an objective look to see if they can be updated to fit your current needs for an affordable price. Be careful about investing in an outdated booth that is very costly to transport, assemble and operate because it can represent a false savings. However, sometimes the most cost-effective path is to update graphics, fabric and add new components to an existing booth.
If you’re ready to save money on your trade show budget, Let’s Talk.
What To Do With An Old Trade Show Exhibit
What is the Value Of A Used Trade Show Display?
There are many reasons why a company might decide that they no longer want or need their current trade show booth. Perhaps budgets have been slashed, requiring reduced space and a too large, too heavy and too expensive to set up exhibit will no longer meet needs. Or conversely, it could be a result of growth that requires a step up in size and/or capability. Has the exhibit become outdated? No longer fits the company’s image? If you’ve considered updating the existing booth with new graphics or supplementing with rental components, and that just isn’t an option, then what?
Before considering your disposal options, you must first consider the fact that the tradeshow display probably appears as an asset on the company’s books. So, if disposed of, it will result in a loss on financial statements. Add to this the fact that the display consists of some hazardous materials, so disposal costs will be significant and you can see why disposal is not likely to be a popular move in the eyes of the bean counters.
Also, be realistic about the value of a used tradeshow display. Companies generally want to design a new booth to their own specifications. Even if your display closely matches their needs, the cost of refurbishment, changing finishes and colors and producing new graphics can quickly add dramatically to the cost. It is not unusual for tradeshow booths that originally cost hundreds of thousands of dollars to be nearly worthless in the used market.
Options For Your Old Trade Show Booth
So… what are your options?
- Bite the bullet. Get a quote from your display company, pay the handling and disposal fees, write off the loss, and move on. (This is a major reason many companies choose to only rent their displays).
- Try to sell your old tradeshow booth. Gather as much information about the display as possible. Photos, drawings and inventory lists are critical to success. Post the display on a used exhibit web site (www.exhibitrader.com for example). Ebay and Craigslist might work to sell portable exhibits, but larger displays probably won’t get much attention. Be realistic about an asking price.
- Make a deal with your exhibit company. Roll the old booth into the purchase or rental of a new display. Showing a “trade-in allowance” on the contract will be much easier on the financial statements and also eliminate your disposal liability.
- Donate your booth. Try to find a charity that might have some use for all or part of the display. Admittedly, this is a long shot, but is worth checking into.
No matter which direction you take, it is always a shame that something so exciting and valuable when it was originally built ends up such a pain to get rid of.
Signage at Tradeshows: How Big is Too Big?
All companies that exhibit at tradeshows want their name to be the most prominent in the convention center. At large shows with hundreds of exhibits this is obviously not possible. When you walk into the exhibit hall, you are confronted with sea of visual clutter. So what is the correct approach to signage in your booth?
Consider this:
Exhibit signage breaks down into 3 basic categories, long, medium and short range graphics. Each of these categories serves a practical purpose.
Long Range Graphics
These are most often corporate identification graphics. In island or peninsula displays, they can be large signs that are placed at the maximum height allowed by the show. They are sometimes suspended from the convention center ceiling (where permitted) or can be supported from the floor on tall columns. The purpose of long range graphics is to allow visitors to locate your exhibit from the entrance of the hall or at least from several aisles away. Most companies want these signs to be as large as possible, so they can’t be too big. When every exhibit has these large signs, they lose their effectiveness. Sometimes adding lighting or rotating the signs will add interest. These types of signs are generally not permitted in backwall displays.
Medium Range Graphics
As visitors get closer to your exhibit, it is important to show them who you are and what you do. At 20 feet away from an island booth, the visitor would need to look straight up to read your large overhead sign, so medium range graphics should include your corporate identification. Individual product names and informative tag lines are appropriate at this level. In smaller displays, medium range graphics are the only corporate identification and should clearly state who you are and what you do. Medium range graphics should be large enough to be read from a reasonable distance but not too large to interfere with the exhibit design. They should be positioned at or just above eye level.
Short Range Graphics
Signs of this nature include any graphic that can only be read while standing in or very near the display. They usually include product or brand identification signs and can include more detailed information since you are conveying information to interested attendees, not trying to lure them to your display. Features, benefits, specifications and installation examples are perfect for short range graphics. These signs do not need to be very large and should be placed just below eye level for ease of view.
While these are very basic guidelines, they will result in well-designed, effective and cost effective exhibits.
Need a unique and effective tradeshow booth idea? We can help you create a custom trade show exhibit that creates a buzz about your brand and increases your booth traffic, all within your budget. Let’s Talk.
How Tradeshows and Social Media Co-exist
There is Still a Place for Trade Shows in Your Marketing Mix
Talk to anyone who sends more than 2 texts a day and they will tell you that the only way to market products and services is to use Twitter, Facebook, Linkedin or search engine optimization. They consider face-to-face marketing to be an antiquated form of communication and that the days of tradeshows are numbered.
Those of us who make our living producing trade shows get the opportunity to see things in a different light. Walk the aisles at the consumer electronics show and watch buyers from all over the world making deals with major manufacturers. Go to the HIMSS show and see hospital administrators finalizing plans for purchase of their new IT infrastructure. Attend the American College of Cardiology meeting and listen to heart specialists discussing the advantages of various new instruments with the inventor. This type of important business communication can only be done face-to-face and the most cost- and time-effective way to do this is at a tradeshow.
Social Media Should be an Important Part of Your Tradeshow Promotion
The fact is, social media can and should be an important part of tradeshow promotion and communication. The ability to reach out to potential customers before, during, and after a show using this technology can greatly increase tradeshow ROI. Just like any other marketing project, exhibitors should enlist the assistance of a person or group that has experience with the most popular networks, explain their goals and put together a plan for your tradeshow.
Keep an open mind. Don’t expect overnight success. Continue to review and improve your approach to both media and the results will come. Let’s talk.
Chasing Tradeshow Cost Savings?
Many exhibitors are being forced to find ways to reduce the cost of participation in tradeshows. The most common way this task is approached is to look at each cost line item and see what can be done to save money.
The common first step is to contract for a smaller booth space. This not only saves on the cost of the space rental but also provides an across-the-board cost reduction. The downside of such a reduction? You may have to settle for a less than desirable booth location and you’ll also need to make sure your display properties will fit in the smaller format.
After booth space, the likely second step is to look at each cost category for the show and try to determine which costs can be reduced. This is a very time-consuming process, and usually entails trying to find out how much your exhibit weighs and how long it should take to set up. This information is not always easy to get your hands on, and when you do, there are always a slew of variables that can affect the final cost of the show.
In my opinion, however, the best first step to take is to contact your exhibit supplier (assuming they store and manage your display) and lay your cards on the table. Explain to them that you have been asked to cut 25% off the cost of last year’s show. Ask them to provide recommendations. Remember, they do this for a living! They are not likely to be overly excited about this mission, but they should support you through good times and bad.
If they can’t or won’t provide you with some good ideas, you should probably consider finding another supplier.
Thinking about changing exhibit companies? Let’s Talk.
Exhibit Acronyms – What is a Trade Show RFP?
RFP is an Acronym for Request for Proposal
This is one of the few tradeshow exhibit industry terms that is also pretty common in other areas of business. In a nutshell, it means that your company has a need to buy products or services and you’d like to invite prospective vendors to submit proposals. RFPs can be sent out for something as simple as a rental backwall display or as elaborate as complete multi-year management of a hundred shows per year tradeshow program.
Once received, evaluation of submitted proposals can be difficult and time-consuming. As such, the number of companies that you invite should be limited to 3 – 5.
The basic RFP format is to provide:
- An overview of your company.
- A summary of your needs.
- An outline of how and when proposals should be submitted.
In order to make the process as efficient as possible, it is best to provide information that is concise. The key to dealing with responses in a timely fashion is to direct submissions so they are as similar in format as possible.
If you intend to request custom exhibit designs from bidders, keep in mind that designs are presented in a variety of formats from renderings mounted on boards to web-based video productions. You should clearly communicate the presentation format you prefer. When requesting designs, providing a budget number will make the final evaluation process much more productive.
You should also provide a format for the cost portion of the proposals. This can be in the form of a spreadsheet included in your RFP to be filled out and returned, or even as simple as an itemized list. Including this information helps to clearly describe what cost elements are to be included in the proposal. Things like carpet, electrical service, vacuuming, floral or technical support are not always part of the RFP process.
The bottom line? Give prospective vendors enough information to put together a proposal that is complete and in a format that makes it easy to compare. Time spent editing and refining your RFP documents can result not only in significant time savings when the time comes to review submissions, but also more quality in responses.
Need Exhibit Management for your trade show? We are ready to earn your business. Let’s talk.
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