Archive for May, 2009

The Frugal Exhibitor

Friday, May 29th, 2009

Economic news has been anything but settling this week: Recession is going deeper; no it’s recovering; err… now it’s inflation; actually we were out of the recession as of ‘08Q4; no we’re going to have major deflation; no everything’s going to be fine… In the meantime all we can do is work hard, and save money where we can:

10 Tips to ensure you get a smart booth with a neat budget

Murphy’s Constant: Matter will be damaged in direct proportion to its value

Can I do that?

Emergency Kit ideas…

What to give away, and to whom, and how!

Inflation Bells Chiming?

Thursday, May 28th, 2009

Inflation Bell chiming for Trade Show Exhibitors?This blog post didn’t make it past the “draft” stage when I wrote it a month and a half ago. Let’s just say I may have jumped the gun! Though it may seem mildly unrelated to a trade show blog’s purpose, I find the threat of inflation to be especially thorny for the rental or purchase of expo booth displays. In fact, the prospect of rising prices should concern us all when it comes to the subject of exhibiting at upcoming shows. I’m not omniscient, however likely that may have seemed prior to this admission, so you tell me - Are we to beware of inflation, or should we concern ourselves more with those deflating marketing budgets instead?

As our nation, and indeed the entire world, continues to borrow its way out of the current recession, we’re presently faced with rising bond yields. For those of you who based your marketing strategy on buying bonds, this is awful. But then again, you’re not bond traders, you’re marketeers! Bond prices are falling, so it’s a good thing your marketing plan was actually based on more sound methods-like internet SEO, social networking, e-marketing, trade shows, and event marketing. But will these things start costing much, much more? (more…)

Adding Value to Trade Show Exhibits

Wednesday, May 27th, 2009

CTIA for 2009 in Las Vegas Convention CenterAs any casual observer to this trade show blog can tell, I am a bit obsessed about the notion of adding value to your unique business proposition in times of economic downturn. I know, I’ve already blogged about it here, here, here, and probably elsewhere as well… please forgive me as I continue on with my ranting, but I believe this is important. If a company does not respond to economic conditions, they perish. As we’ve felt the effects of the contraction, however, we’ve seen exhibitors that are pleased with what we offer - a custom designed rental exhibit that provides them the greatest marketing impact at a reasonable price. In fact, others are starting to see the exhibit model shifting more persuasively towards custom-rented exhibit marketing programs.

My query today incorporates this business model, and how an exhibitor perceives the services offered by an exhibit house. What is it that exhibitors really yearn for from an exhibit company? (more…)

Congestion, Runny Nose, Watery Eyes, Missed Deadlines?

Tuesday, May 26th, 2009

IMTS 2008 Mori Seiki 100 x 170 exhibitIf you’re suffering from those dreaded early-summer allergies, we understand what you’re going through! As we’ve talked more and more about the best ways to save money at trade shows, the elephant in the room is how you can get a better price for your exhibit booth. Let me illustrate how your summer allergies are related to getting a price break on your custom exhibit rental or purchase:

NPE - the National Plastic’s Expo - is a trade show extraordinaire held in Chicago’s McCormick Place once every three years. With the economy what it is, and with the trade show exhibit industry meeting difficult times, we’re thrilled to have approximately TWENTY clients exhibiting at this year’s show. With NPE less than a month away, this is a hectic time here at Catalyst, but we’ve prepared for the ebb and flow of demands on our production capacity. But what are some obstacles to a smooth delivery for each of our clients’ display booths?

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“Once again, things that could’ve been brought to my attention YESTERDAY!”

Friday, May 22nd, 2009

Sorry for the overused Wedding Singer quote… In compensation I offer thee a youtube of “Love Stinks,” a ballod which kept me going through most of my high school and undergrad years.

Unrelated to rental display marketing boothsLove Stinks - Totally unrelated to this tradeshow exhibit blog

Seriously, though, who knew that “Trade Show Etiquette” was available as a succinct online mini-tutorial? This hyper is golden for newbie’s to the exhibition world. I’m hopeful it will help any newcomers out there avoid some of the more substantial faux pas!

Happy Friday and enjoy the wonderful weekend, everyone!

Bite the Hand that Feeds you?

Thursday, May 21st, 2009

We all know layoffs are running rampant. And in the trade show industry…when clients readily pull the marketing plug to “save money”…more and more engineers, designers, carpenters, account managers and salespeople find themselves bellying up to the unemployment line.

…so waddya do now?

Whether spurred from boredom, distraction or a lack of challenges, we all become complacent (however fleetingly) at some point in our careers. And who sticks out like a sore, expensive thumb when the economy takes a nose dive? Complacent employees.

So shake off the dust and go back to your roots. How’d you get this far? If you’re in sales, you likely made a lot of cold calls…and those cold calls turned into clients. If you’re a designer, you probably impressed those clients with fresh, innovative concepts. And if you’re the guy (or gal) that manages these clients, your knowledge, work ethic and attention to detail made you an invaluable resource.

Your clients need more help than ever before. Some are debating not only HOW to go to a trade show but WHY. They (your bread & butter) need you to be extraordinarily cognizant of their unique marketing objectives and financial needs. Most importantly, your clients need you to help them return on their investment.

Make the cold calls, pay attention to logistics and hone the creativity that landed you this job in the first place. Your clients will come back.

 

 

 

The Frugal Exhibitor

Thursday, May 21st, 2009

Trust but Verify - Save money on travel to the show, but justify your bottom line!

Is your trade show entourage saving money on travel?

Quantify your tradeshow booth’s success

Travel savings from a small business person’s book of tricks

Planes, Trains, and Hotels!

MEASURE your exhibit’s impact! Without stats, there won’t be one next year!

Working with Show Management

Wednesday, May 20th, 2009

Tradeshow Exhibition Hall in Chicago - Largest Expo Hall in the WorldNo trade show blog would be complete if we ignored a reality of our lives: Anything and everything we do is subject to the approval of those on high. Yes, show management, the fire marshall, and anyone else deemed “convention hall authorities” are essentially the deciders of our fate. As unfair as it may seem, that’s the industry we’re in, so we, exhibitors and exhibit providers alike, need to take great care whenever addressing concerns they may have.

Anyone have a story of how they gleaned a scornful eye from show management? Perhaps you didn’t get that variance that you expected? Or perhaps business as usual was put “on hold?” We’d love to hear your story, as we can all learn from one anothers’ mistakes. Some helpful wisdom from our more experienced account managers, however, may yield improved results for beginners-

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“A trade show is not a short-term marketing tool”

Tuesday, May 19th, 2009

Trade Show Blog post photo from ACC show in Orlando Convention CenterThanks to Emma McDonald at frugalmarketing.com for that quote. Ours is a marketing medium that is construed as having a very short window of opportunity for sales. To earn an worthwhile ROI on tradeshow dollars can be a daunting task for marketing coordinators charged with organizing an exhibit booth. Ms. McDonald’s point, however, clarifies why that challenge seems so insurmountable: many view expo’s as a short-term project, with a show open and close occurring within a couple of days.

In reality, a trade show exhibit program spans, arguably by definition, over a course of multiple shows. In fact, the shows that you do not exhibit at play a role in the perceived success of your overall program. Are attendees ever wondering why you weren’t at the XYZ Show? The results from any individual exhibit booth are cumulative, in so much as you are building a presence over the course of many shows - not one. (more…)

Isn’t Account Management better when your contract is INCLUSIVE?

Monday, May 18th, 2009

Display Marketing Solutions for Trade Show ExhibitorsIt often surprises me the exhaustive list of add-on expenses that exhibitors pile onto their custom rental exhibit designs. It can be somewhat frustrating for trade show coordinators to sift through three or four bids to figure out how the TOTAL costs match up. More importantly, an account manager is more valuable when you can stop living in fear of up-charges. Regardless, I always know how my competition is pricing their design when I get a phone call like the following:

———

Jane: So tell me, I have your price, and you’ve broken down what the reusable graphics portion costs, and we’ve talked about the service estimates - I think I understand how your not-to-exceed estimates hash out.

What are my additional costs - project management fees, graphic layout charges, whatever other fees you have that I should expect - how much are those additional costs likely to run?

(more…)

The Frugal Exhibitor

Friday, May 15th, 2009

Budget preservatives that will leave you saying “mmm-mmmmm”

Deadlines are important

Is Drayage Killing Tradeshows?

Make sure you don’t go to one of these tradeshows!

Saving $$$ on employee travel and meal expenses

“Erector Sets”

Thursday, May 14th, 2009

Moscone Center in San FranciscoAn exhibitor enthusiastically pronounced to me that he was quite happy with his company’s “Erector Set” that they utilize for the 20 or so shows they attend each year. I can’t say I was shocked that he’s alright with the budget-friendly truss system - obviously there’s a market for it amongst those who are merely grateful to exhibit whatsoever - but I was caught off guard by his embrace of such a derogatory insider term.

I followed up, asking him if he would consider legos, lincoln logs, or some pop-cicle sticks and Elmers. Just kidding, of course.

(more…)

Visibility: Hang ‘em High, or Stand Tall?

Wednesday, May 13th, 2009

Should you Rent a hanging sign for your Exhibit Booth DisplayA matter of much debate in the trade show industry boils down to the advantages of hanging signs versus maximum height exhibit structures. Does a sign hanging at 25 ft., or even higher, pose an advantage over a 20 ft. tall booth tower? This is certainly an integral decision to ‘get right’ when you’re planning a custom exhibit design. What’s your opinion?

I’ve always been a proponent of taller exhibit structures, without hanging signage. My reasons are two-fold: Hanging signs are painfully expensive to rig, while tall structures contribute to a more impactful tradeshow exhibit.

I’ve talked previously about how expensive rigging is - a reality faced by many exhibitors when they display at major convention halls [in forced-unionism states and municipalities]. That same investment can be put into a more dynamic, and taller, exhibit booth, and achieve the same goal. 20 ft. or higher booth designs demand attention in show halls when the most common exhibit height is found at 16 feet.

Do you think hanging signs are the way to go for an exhibitor? Do you prefer a tall exhibit structure instead? What about spinning signs? Weigh in!

Trade Show Services: Is the Trend our Friend?

Tuesday, May 12th, 2009

As the Wall Street adage goes: “TheTrend is your Friend.”

In any industry, there are prominent trends in how business is conducted. Ours, the trade show/events industry, is no different. What are the present trends in the sub-category of Convention Hall Show Services?

The expenses faced by exhibitors go above and beyond the cost of their display booth, and the exhibit space, but can easily include 50% more in costs for Installation and Dismantle, A/V setup, electrical, and drayage. While these tasks are obviously a necessary component of our business, their staggaring growth has long puzzled exhibitors and exhibit houses alike. What trends have you seen in recent months?

Reusable Graphics, Renewed Attendance

Monday, May 11th, 2009

Trade Show RSNA Chicago 2009Branding initiatives and product releases have lifespans. Most of us understand this aspect of a rapidly changing marketing environment. Regardless, tradeshow exhibit companies and their clients ruminate quite frequently about which graphics may or may not be reused at subsequent shows, and in later exhibit designs.

Saving graphic costs can substantially reduce the cost of an ongoing exhibit program, and allow an exhibitor to stretch the trade show dollar and achieve greater success with fewer resources. Greater success, however, demands that the exhibit draw hoards of enthusiastic attendees - something that a booth design repeated at countless venues would be hard pressed to accomplish. That’s where a thread from our “Frugal Exhibitor” blog post gets interesting…

Repeating graphics at every show will get boring. Unless architecture is innovated at every step, or unless there is some nuance in the message conveyed on the show floor, attendees will yawn and keep walking. Custom rental exhibit programs offer the flexibility needed in order to modify architecture while reusing graphics. Some hybrid booths (purchasing AND renting) may provide a similar level of pliancy. Purchased exhibit displays [typically] must be remodeled to suite the new design architecture- an often cost-prohibitive plan to revitalize trade show attendance. More often, purchased exhibits rely upon the printing of new graphics to revitalize an exhibits look (also expensive), even though this is certainly akin to putting a new sticker on an existing product.

While architecture can communicate volumes about a company and their message, nuance can come in many other forms. In the Frugal Exhibitor post, I mention the idea of supplanting product-specific graphics with A/V technology - LCDs or Plasma screens. Do you have some ideas on how companies can alter their message without going to the expense of printing new graphics?

The Frugal Exhibitor [ongoing]

Wednesday, May 6th, 2009

Saving the Marketing Budget!!!These days it is scarce to encounter an exhibitor who does not want to save big money on their upcoming show. Nowadays, everyone is a frugal exhibitor. Marketing Impact is as important as ever, but saving money along the way is often a matter of diligence, not sacrifice. Let’s get the conversation started with a few cost saving ideas. This thread is one I plan on reincarnating week after week, as budget-stretching-ideas are a veritable “bottomless well” that, once flowing, may never cease. Today’s ideas:

Drayage - How many shipments MATTERS. If your exhibitor is sending 2 crates to a show (e.g. - for a 20×20 exhibit), and you expect to send a 125 lb. box full of giveaways for the show, SEND THEM TO YOUR EXHIBITOR. By bundling everything together in the 2 crates, you’ll save in the form of a leaner drayage line-item.

A/V - Ever evaluated your graphics costs in relation to A/V costs? It goes like this: How many graphic stills can you show in the course of a slideshow? If your 42″ screen takes up a little more than 2 square feet, but 20 different screen shots effectively communicate your message, then that screen is delivering 40 square feet of graphics. Compare that with what you’re paying for graphics, and you might discover that A/V is often the best and cheapest method for articulating more specified messages or information. This allows the booth to be a pure-bred machine for branding, and those graphics can be reused at subsequent shows- saving you even more money.

Riggers … It’s a rigged game. Hanging signs can be enticing - the idea that a sign 30′ in the air will draw attendees to your remote booth location. Often, however, the attraction is dulled by the overpopulation of exhibit hall airspace. More to the point, however, is the exorbident expense that riggers represent. Often a fairly inexpensive hanging sign will cost $5-$7,000 to hang. Riggers are also called in to do any work that needs to be done above 16-20′ in the exhibit hall. Pay attention to make sure that your design does not call for assembly of items in this height range. If the assembly can be done at ground level, then you’ll avoid the riggers hefty fee when the structure is at it’s full height.

I’d love to hear some thrifty ideas from readers - what’s worked for you in the past? Any ideas you can contribute will help us all!

The Swine Flu

Monday, May 4th, 2009
One need not be a chamber to be haunted
One need not be a house
The brain has corridors surpassing
Material place

-Emily Dickinson

Three 2009 trade shows - FMI’s Connect & Marketechnics, National Agriculture and Trade Show and the Canadian Booksellers Association Summer Conference - have been canceled because of the swine flu.

Those who go to concerts, use public transportation and eat in crowded restaurants are forgoing prime marketing opportunities for fear of catching the….dum dum dum…SWINE FLU.

Advertising is more important now than ever. We can’t let the media induce such panic that we don’t think clearly. Regress to 1999: did all the banks implode? Did we run out of water and electricity? Not quite. Did the much-dreaded Avian Flu wipe out most of the population? Nope. And the two that did - 1347’s Bubonic Plague and the 1918 Flu Pandemic occurred far before the advent of antibacterial cleansers, Thermaflu, HMOs and the Flu Vaccine.

Could the Swine Flu be the end of us all? Sure it could. Is it likely to? No. Wash your hands, get your shots, eat an apple a day and…until we have all the facts to determine a logical, progressive course of action…don’t cancel your trade shows.