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 Has the exhibit become outdated?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.
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