EXHIBITION INDUSTRY OPEN DAY Simon Naudi CEO Answers Training International Ltd AGENDA •Why Exhibitions? •Before •During •After EVENTS • FaceTime wanted to see how people viewed the different media options in their ability to drive business through the generation, persuasion and conversion of sales leads. • • • • 80% face-to-face delivers better ROI than other media 86% exhibitions are 2nd best at generating sales leads after a company’s own website 87% easier to communicate with people face-to-face 80% spend more money with people they have met face-to-face 2010 £16 BILLION to UK economy A billion seconds ago it was 1959 A billion minutes ago Jesus was alive A billion hours ago was the Stone Age A billion days ago no-one walked on the earth on two feet SUMMARY live events are one of the most effective marketing tools in the mix and that despite technological advances, face-to-face marketing remains one of the best ways to increase sales for your business 7 REASONS WHY EVENTS RULE! 1. Live Competes Hard Against (And Beats) TV 1 in 3 people have a positive attitude after attending an event, versus only 1 in 4 people with a 30 second TV advert 7 REASONS WHY EVENTS RULE! 2. Live Is Best Form Of Marketing Before a show, 32% of visitors viewed events as the 'best marketing as you can interact and compare to others', but this rose dramatically to 74% post-show, including an uplift in positive sub-conscious feelings for one in five people 7 REASONS WHY EVENTS RULE! 3. Live Fuels Sales Uplift After experiencing a brand at a trade event, 28% more visitors indicated 'I would like to buy it' (16% implicitly), & 29% at a consumer event (19% implicitly) 7 REASONS WHY EVENTS RULE! 4. Live Informs Customers In Detail About Purchasing Decisions Before an event 36% of visitors say attendance 'makes it easier to decide to buy', but after an event this doubles to 76%. Meanwhile 50% of visitors expected the event to be the 'best place to find out new things', with this rising to 85% after an event 7 REASONS WHY EVENTS RULE! 5. Live Turbo-Powers Brand Engagement For Consumers After attending an event, almost three times as many people (74% compared to starting point of 27%) thought that events 'let you be more open minded about what brands offer' 7 REASONS WHY EVENTS RULE! 6. Live Builds And Strengthens Relationships With Corporate Customers An additional 37% of visitors to a trade event believed 'experiencing a business first-hand makes it more memorable', with one in five believing this implicitly postevent 7 REASONS WHY EVENTS RULE! 7. Live Breeds Knowledge, Insight And Contacts 37% of visitors believed a trade event would be the 'best way to meet new contacts', rising to 71% postevent. Likewise, from an opening 38% of visitors believing they will 'find out new things', that number was doubled to 80% post-event VISITOR’S PERCEPTION FIRST IMPRESSIONS COUNT! + - FIRST IMPRESSIONS YOU HAVE 12 SECONDS TO INFLUENCE YOUR VISITORS’ FIRST IMPRESSION !! WORDS CHEAP FREE SOME ASK WHY ARE WE HERE? • Exhibitions are the PERFECT marketing media • All the business comes to you • Xyz show is FANTASTIC • 29% do not buy outside events WHY ARE WE HERE? 100 80 60 40 20 0 91 Trade Shows 88 Articles 86 Friends 70 Reps 70 Ads Source of Buying % WE’RE HERE BECAUSE. . . • It may be their choice to visit the show . . . • It is NOT their role to visit YOUR STAND! VISITOR’S PERCEPTION Choice Confusing Want to be there OBJECTIVES OBJECTIVES VISITORS ROLE COMMON OBJECTIVES Why are you here? - ‘cause it’s my turn! - Murphy was ill! - To network into a stupor! - Dunno?! COMMON OBJECTIVES What is your objective? - “to survive”! - “to give away brochures” AN EXERCISE !! What are your objectives when exhibiting? OBJECTIVES LAUNCH IDEAS / SHOW NEW RANGE TEST MARKET PROMOTE IMAGE ASSESS COMPETITION MEET SPECIFIC BUYERS REAL OBJECTIVES 12 LEADS FOR FOLLOW UP 3 DIRECT SALES LOGGING 25 ENQUIRIES 18 APPOINTMENTS GENERATE PUBLICITY EXAMPLE..... 3 Day Show 3 Stand Staff 7 Hours in a day 4 Qualified leads per hour Target = 3 x 3 x 7 x 4 252 leads IN SUMMARY Agree Objectives Clarify & Refine Objectives Communicate them! Profile of a Typical Visitor to the Show ? • Likes (& Dislikes)? • Expectations at show? Visitor Feedback CONSUMER RESEARCH 9% 21% 17% 2% 20% 14% 17% Advice General Seminars Research & Buy Meet People New Ideas Specifics TRADE RESEARCH 20% 19% 18% 17% 14% 1% Up Date New Ideas Seminars Research & Buy Meet People Other VISITOR RESEARCH 1. What’s NEW / Latest 2. Solutions to existing problems 1. Being Sold to 2. Not knowing answers to visitor questions BODY LANGUAGE • Words • Tone 7% 38 % • Body Talk 55 % PREDICT BEHAVIOURS INFLUENCE BEHAVIOURS Prediction • Anybody can do it • Better than Chance alone • Behaviour & Thoughts THE SALES PROCESS INTRODUCTION QUESTIONING RECOMMENDATION OBJECTIONS CLOSING ££££ A LARGE GREY ELEPHANT FROM DENMARK ! KEY INFLUENCE VISITORS AND IDENTIFY POTENTIAL MECHANICS UNIFORMS CLEAN & TIDY FUNCTIONAL GIMMICKS BROCHURES DO Shifts / Breaks Be Natural Look Busy Think up Questions QUESTIONS How familiar are you with our . . . What plans are you currently . . . How do you currently select . . . When would you be looking to . . . Where do you intend to apply our . . . DON’T Hover / Glide / Pounce Hunt Eat / Drink / Smoke Sit Down Read papers, Use Mobiles Hold Meetings Go on the P!$$ REMEMBER Activity over the days of the show equates to only a small % of your total results FOLLOW UP FOLLOW UP Name, Address, Tel No: Date for Follow Up Buying Process/Plan Budget Limits Competitors under Consideration Special Features Rating – Hot, Warm or Icy! IN SUMMARY Agree Objectives Utilise PR / e- Mail & Up Front Prep Identify Prospects/Buyers Encourage them onto your stand Capture Details Follow Up Rogue’s Gallery . . . . ONE MORE THING . . . HAVE FUN ! BEFORE MAILINGS PRE-SHOW PUBLICITY PR OPPORTUNITIES WWW LINKS TELEPHONE INVITES READ THE EXHIBITOR MANUAL! SPONSORSHIP OPPORTUNITIES STAND DESIGN BRIEFING SET OBJECTIVES / GOALS TRAIN STAND STAFF DURING REVISIT OBJECTIVES DAILY DEVELOP QUESTIONS USE 12 SECOND RULE FILTER CONTACTS REMEMBER BODY LANGUAGE HOUSEKEEPING KEEP BUSY USE CHECKLISTS AFTER FOLLOW UP DEBRIEF STAND STAFF EVALUATE VS OBJECTIVES RESERVE STAND POST SHOW MAILINGS USE PR OPPORTUNITIES PLAN IMPROVEMENTS QUESTIONS? For further tips on exhibiting or for a training menu visit answers-group.com or answerstraining.com Tel: +44 (0)1252 845500
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