Making the Most of Total Rewards 2016 Successful Trade Show Strategies 1 Our Attendees are Your Buyers According to the Center for Exhibition Industry Research (CEIR): • 7 of 10 trade show attendees plan to purchase products and/or • services in the coming year • 72% of attendees use trade shows to influence their buying decision • 58% attend only one trade show per year 2 Six Steps to a Successful Show 1. 2. 3. 4. 5. 6. Set Objectives Streamline Budget Exhibit Booth Design and Floor Strategy Booth Staffing and Training Marketing Efforts Pre-, During, and Post-Show Post-Show Analysis and Results 3 Setting Objectives What is your purpose for exhibiting/sponsoring? • • • • • Branding Lead Generation Networking/Partnerships Competitive Intelligence Thought Leadership 4 Setting Objectives Make certain your objectives allow for measurable results. Metrics include: • • • • • • Number of Impressions Quantity of Leads, Quality of Leads Number of Connections Made with Current & Future Clients/Partners Number of Product Presentations Conducted Number of Onsite Sales Generated ROI (ratio of costs to leads converted to sales) 200 Leads x 1K Avg Sale / Cost of Show 5 Streamlining Show Budget The standard industry cost for exhibiting at a trade show is 3X the cost of the exhibit booth. Your budget should include: • • • • • • Travel Hotel Meals/Entertainment Show Services Shipping Marketing 6 Designing your Exhibit Booth & Floor Plan Attendees decide whether to stop within 30 seconds of seeing your exhibit booth. If engaged, the attendee will stay 5-10 minutes per visit. Attendees visit approximately 30 booths per conference. • Attendees need the ability to see your exhibit from a 180 degree vantage point • Select your booth positioning based on best possible foot traffic and create additional foot traffic yourself • Your exhibit must tell who you are and what you do without the attendee having to ask • Your exhibit must have room for temporary workspace/meeting briefs 7 Booth Staffing & Training • Booth staff should be made up of your a-team • Generally thought to be top sales personnel • Do more than man your booth - attend education sessions and social events for further networking opportunities • Determine ways to capture the attendee’s attention within the first 30 seconds of them visiting your booth • Discuss ways to qualify attendees as a lead in less than 2 minutes and determine a strategy for managing leads after the show • Listen in order to learn what the attendee wants/needs • Present - “Pitch” in less than 5 minutes • Close - Mutually discuss next steps 8 Marketing Efforts • Pre-show: Important for building traffic on the show floor • Send postal and email offers, pre-set meetings and client dinners, as well as personalized demonstrations and product presentations • During: Important for achieving lead quantity and quality • Offer giveaways, promote posts and pictures through the event mobile app and social media outlets • Post-show: Important for converting leads to sales • Create a priority contact method in order to make immediate and direct follow-up based on your exhibit booth conversations Please note: When using Twitter, WorldatWork encourages you to use #w@wlive in your tweets 9 Marketing Efforts Through WorldatWork Total Rewards 2016 Sponsorship Opportunities To review options, see our 2016 Exhibitor & Sponsor Prospectus 10 Analyzing Show Results • Gather feedback immediately from booth staff while it’s fresh in their minds • Generate lead reports and have the sales team follow-up to include tracking back to the show • Analyze true and total costs for the show • Schedule a meeting time with show organizers for feedback and future planning 11 Please reference the below links for your conference planning needs: Total Rewards Conference & Exhibit Hall Schedule See you in San Diego, June 6-8! 12 Questions • CONFERENCE LOGISITICS • Jessica Blake-Lawson: [email protected] • EXHIBITS AND SPONSORSHIPS • Dawn Jeffers: [email protected] • Becky Setterberg: [email protected] 13
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