Get An Apples-to-Apples Cost Comparison on Your Tradeshow Exhibit
Thinking About Changing Exhibit Companies?
Feel like your current tradeshow exhibit service company is holding you hostage? Are you getting the level of service you deserve at a reasonable cost? Is it time to look into a new provider? The most common way to start this process is to do some research, contact a few companies, and request some proposals. The problem, however, is that when the proposals come in, none of them end up looking alike. How are you to compare?
When looking for a new tradeshow booth or services provider it is important to seek out “apples-to-apples” pricing: competitive quotations that are all including the same types of services.
Request an Apples-to-Apples Quotation
There are many different ways a tradeshow exhibit services company can write a quote, which can make comparing them difficult. Also, depending on the company you are dealing with, there can also be many different ways to hide costs that come after everything is said and done. It is important to make sure that all of the quotes you are comparing include everything you need. Otherwise, you may choose what looked to be the most inexpensive quote, but when your tradeshow ends, you can find yourself looking at an invoice with thousands of dollars you were not expecting to have to pay.
The best way to make sure that you are getting an apples-to-apples quotation is by sending companies a format for their proposals. All you have to do is take a current tradeshow exhibit services invoice and copy the descriptions of each line item and ask prospective vendors to fill in their prices for the same items. This way they know exactly what services to price and the final product will be quotations that you can easily compare. You can also learn a great deal about each bidder by seeing how willing they are to participate and how well they follow your directions.
Once you have the numbers, make sure to review each proposal for disclaimers and fine print. Once you’ve narrowed the field, interview each company that is being seriously considered and check their references.
These kinds of apples-to-apples quotations will save you time, and quite possibly a great deal of money.
A Perfect Tradeshow Vendor Relationship
Finding the perfect vendor to support your tradeshow program can be challenging, and there is no one-size-fits-all solution, but with the right things in mind, you can hit your target. As with any other decision, the preparation you put into it will greatly affect your level of success.
Typically, the decision for an exhibit supplier is made during the purchase of a new display. It may seem logical that the company that built the display would be the best choice to manage it. Sometimes that may be true, but often the problem is that the companies that do the best job of design and presentation are not always the best at program management. Their company’s focus might be on designing and building new exhibits, leaving program management to take a back seat.
A good start in your search is determining how much help you will need, and the size of your program:
- Pharmaceutical companies might exhibit in over 100 shows per year, not including other events that are a large part of their face to face marketing. Auto manufacturers exhibit in 65 or more shows in the span of a few months. These types of companies usually prefer to deal with the largest exhibit companies.
- Companies that participate in fewer shows each year in smaller configurations may not get the level of service that they need from a huge exhibit company, and often end up being the proverbial “small fish in a big pond.”
In order to find the best match for your needs, give some thought to how much support you will need from your exhibit company. Some companies need only basic assistance, such as storage, preparation and minor repairs. Others rely more heavily on an exhibit company to handle the entire show including show services, graphic design, shipping, etc. Be sure to consider how important your scale of business will be to your new vendor and whether you will have access to senior management in the event that problems occur.
While experience in your specific industry is a valuable thing, use caution in looking for a company that has several other clients in your most important show, as you may find that they are stretched too thin to provide the best service. Also, there are many other factors that contribute to the success of a vendor/client relationship, but a vendor’s efforts to become the best partner should always involve a willingness to listen and adapt to the client’s preferred ways of doing business.
Are you considering changing tradeshow vendors? Let’s Talk.
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.
Archives
- July 2021
- June 2021
- May 2021
- April 2021
- October 2018
- September 2018
- August 2018
- July 2018
- June 2018
- May 2018
- April 2018
- March 2018
- February 2018
- January 2018
- December 2017
- November 2017
- October 2017
- September 2017
- August 2017
- July 2017
- June 2017
- May 2017
- April 2017
- March 2017
- February 2017
- January 2017
- December 2016
- November 2016
- October 2016
- September 2016
- August 2016
- July 2016
- June 2016
- May 2016
- April 2016
- March 2016