Innovations during a Recession: Trade Show Marketing Adaptations?

April 16th, 2009

Rental display booths for trade show designs with a custom exhibit lookLast week I highlighted a recent development that our company has undertaken in response to the current economic climate: A “pre-packaged” rental exhibit line - custom rental look and feel, without the inherent cost of custom designing. For exhibitors facing a lean 2009 marketing budget, it is fulfilling the niche occupied by companies that need the look and feel of custom built booths, but without spending an arm and a leg.

Enough about us, already! Anyone else care to share their stories of innovations that they’ve implemented or seen so far in 2009? Exhibit installers? A/V companies? Lead retrieval, floral? Models? Interesting or peculiar exhibit hall changes (like NPE 2009’s bundle packaging “discount”)? Models? Let us know what you’ve heard~!

Is Renting or Purchasing your Exhibit a Mistake?

April 14th, 2009

Hybrid Exhibits - Rental and Purchase Tradeshow Exhibition Display BoothsYou’re expecting an excruciating analysis of why you should rent or buy your next custom exhibit booth, aren’t you?

Well, you’re not going to find it in this trade show blog post.

In fact, I constantly hear from exhibitors who tell me they want to rent or buy an exhibit, and it needs to do X, Y, and Z. I’m willing to sell them, or rent them, an exhibit that meets those needs. No problem, you’re the boss, I might say. But like Columbo walking away from a pleasant discussion with a suspect, I might just remember one more question…

Have you ever thought about doing both? Rental AND Purchase?

We call it “Hybrid,” which combines the two options. It’s quite frequently the absolute best choice for exhibitors who want some custom components, and who plan to do a similar display at subsequent shows. These folks are keenly aware that doing the same booth at every tradeshow just doesn’t make much marketing sense.

Purchase decisions are often driven by the mythology that one can only get an exceptional custom booth by purchasing. Still others buy their exhibit because they seem to apply home or car ownership v. leasing arguments to the trade show world. Who knew that the marketing department would submit to an argument rooted in a static product message and costly “cost of ownership” costs. Sound costly?

So open your eyes to hybrid. If the concept is new to you, then maybe it ought to become more familiar. Just renting or purchasing could be a mistake!

Corporate Travel, Perks, and “Excess”

April 9th, 2009

Angry about corporate travel and cushy events? Think twice, please!
If you’re anything like me, you find the recent rumblings about executive bonuses, Gulfstream jets, and lavish corporate retreats quite unsettling. In fact, I sometimes find myself getting worked into a “torches and pitchforks” proletariat lather. But then I start to think…

While I can’t really comment upon executive bonuses, I would like to opine about corporate travel, and some of the corporate perks we’re so resentful of.

Companies have begun to restrict the travel of their executives and are curtailing corporate training, seminars, and expos (read: Trade Shows) that might be perceived as excessive or indulgent. As such, the travel and tourism industry’s woes have been doubled in the already recessionary business environment.

What is wrong with ensuring a face-to-face meeting with an important client - even if it will entail a significant investment? Or viewing a trade show exhibit display prior to purchasing a product costing hundreds of thousands? What is wrong with investing in the expertise of your workforce by sending valued employees to seminars, symposiums, or corporate training, even if it’s 1,000 miles away? While most of these employees long ago lost their zeal for traveling on business, their trips cost significant corporate dollars. Those costs are paid to hard working individuals in the tourism and travel industry - everyday these people vye for opportunities to make those trips as comfortable and productive as possible for their customers. The interdependence of trade shows, travel, and tourism industries is great. There are a myriad of talents required for a single custom exhibition booth -from it’s design, to its construction, to its installation on the convention hall floor (and all of the tasks in-between). This represents an underrecognized, and underappreciated engine of employment.

Is there anything wrong with that? Are the torches and pitchforks really needed? Unless we wish to chastize the hard working service providers in these industries, we ought to support corporate travel, perks, and even a healthy dose of “excess!”

Instant or Gourmet?

April 7th, 2009

Pre-Packaged Rental Display BoothsReading Andrew Razeghi’s “Innovating through Recession: When the Going Gets Tough, the Tough Innovate” sparked some of my gray matter, and drew some parallels between the modern day Starbucks v. McDonald’s showdown, and the Nestle instant coffee strategy of the depression era.

As Razeghi tells it, coffee was in vast oversupply during the depression. One supplier, the Brazilian Coffee Institute, contacted Nestlé. Nestlé was offered an opportunity to invest in developing a water soluble coffee ground that would retain its flavor. Previous “instant coffee” of the era tasted terrible. Taking a risk that the research would end fruitfully, and that they would be able to capitalize on an inexpensive supply of product-and a potentially rekindled product demand-Nestlé threw the dice. Nescafé was born some 7 years later, and served as GI fuel for WWII grunts, and has provided caffeine to two generations of “practical” American coffee drinkers.

Today, with a generation of “not so practical” American coffee drinkers, McDonald’s and Starbucks are facing off. McDonald’s is increasing its value proposition by offering gourmet coffee at a Mickey D’s price, while Starbucks is offering a gourmet Instant variety.

One is offering a discounted version of a higher value good. The other is offering a gourmet version of a discount good.

What does this have to do with Trade Shows? I was going to ask that same question…

For the past 6 months, the trade show exhibit marketplace has been offering its goods at a discount. Depending on what kind of exhibit you are seeking, that’s could equate to a discount good at a cheaper price, a mid-range good at a discount, or a high-performance good at a discount. It’s deflation at its best, essentially.
 
Catalyst is offering a new product line, which is a “pre-packaged” rental product, constructed of the same custom fabricated exhibit components utilized in custom-rental and custom-built booths. We are essentially cutting out the design portion of the process - a valuable aspect of any trade show marketing display. Some exhibitors cannot afford custom design, but do not want to settle for octanorm or other tinker-toy booth construction styles. Higher value good at a discounted price?

What do you think? Would you rather have higher quality instant coffee, or gourmet coffee at a cheaper price?

History 101

April 3rd, 2009

Trade shows have been around since people ate mutton stew and married their daughters off at age 13. Then, they were called impedimenta carnivals…the first ever was held in 1752 in Boston, Massachussetts.

Just kidding.

The trade show is a practice that has prevailed around the globe throughout history. In fact, this fundamental cog in a well-oiled marketing machine traces its roots back to medieval European fairs and ancient Middle Eastern bazaars: folks touted their wares, negotiating and bartering until an agreement was reached. As commercials were a thing of the future, this was likely the only way vendors could effectively market to the masses. 

Needless to say, trade shows have evolved by leaps & bounds. More than 2500 trade shows are held in the United States each year - ranging from the macabre (Funeral Directors Show, Miniature Dollhouse Show) to the spectacular (Consumer Electronics Show, International Robots & Vision) and catering to businesses, not-for-profits and consumers alike.

HIMSS Setup at McCormick Place

April 2nd, 2009

Pegasus Imaging setup at the AIIM ExpoThe Health Information Management Systems Society annual conference and expo comes rolling into Chicago this week. What does that mean around here? A healthy dose of hecticness, a lot of talk about when so-and-so is flying in, and a touch of minor problem solving around those issues that occasionally pop-up during install of our clients’ booths. In all actuality, though, it’s pretty calm compared with last week’s commotion!

One of the challenges to creating rental exhibits that are custom-designed is that every exhibition displayis essentially a brand new product. Oh, sure, the “building blocks” utilized don’t change (inner-space extruded aluminum beam structure, plexiglas and laminate panels of varying sizes and shapes, etc.), but I can scarcely remember when we’ve “cloned” an exhibit design from one client to another.

Add in the element of new graphic panels, and it becomes highly important to pre-build every exhibit in advance of each tradeshow. When thorny, unforeseen problems emerge, we can tackle them in-house, before the union-clock of the I&D contractor begins (and keeps going, and going, and going…).

So HIMSS’s arrival to town is actually a relief for many of us. Busy, sure, but it’s more-so about finally “showing off” a finished product to an excited client, and coordinating some deserved hospitality for jet-lagged and exhausted folks who we’ve built enduring relationships with.

“We’re just THRILLED with our current vendor!”

March 31st, 2009

Trade show exhibits get better with a dose of competition...

Some marketing departments are so wedded to their exhibit house that they rarely seek competitive bids on projects. Maybe twice per decade [MAYBE]. Even then, they have every intention of using their existing vendor NO MATTER WHAT the competition has to offer:

“Well, we really liked your design. We think your offering is innovative, and can take our trade show results to a higher level. Your price was great, too. But we feel really comfortable working with our existing exhibit house. We really appreciate the exorbitant amount of work you’ve done for the past three months. Let’s stay in touch?”

One of our junior Account Executives heard this very line (OK, I’ve embellished a bit) a couple of weeks ago. We had to buy her a new handset for her phone after she broke it in a frenzied hang-up mishap. You probably get the picture?

When it comes to working with vendors, loyalty is highly important. Blind allegiance in spite of your company’s interests is another thing. If your exhibit house is not offering you a drastic increase in value for your marketing dollar, then they’re likely allied with their own best interests at total odds with your own. With marketing budgets getting haircuts, who can afford to ignore this sort of “business as usual” attitude?

Remember: the guy with the gun (customer) is shooting at the home-wrecker (competition). Not at you! Worst case scenario they will have to do some deep discounting to get this year’s business - Is that such a bad thing?

Does Your Marketing Budget feel like THIS?

March 27th, 2009

Budgets affecting tradeshow exhibit marketingA lot of marketing folks are feeling like they’ll be lucky to post craigslist ads at the current pace of marketing budget reductions. Pretty soon your company will be relying solely on “word of mouth” to sell their product or service, right?

We hear you. And, believe it or not, we talk with a lot of companies whose trade show budgets are getting the ol’ “knife in the back & chased with a chainsaw” treatment.

You’re not alone!

There’s a reality to it all - by marketing during a recession you’re not likely to see exponential growth (gasp!). In fact, sales might continue to contract, depending on what type of business you’re in, or what kind of product/service you offer. But there’s also a secret that most every successful business guru or entrepreneur knows (which makes it a very poorly kept secret, like that book called The Secret, which I always resented for that reason… but I digress):

Companies that continue to strongly market themselves during recessions come out ahead of their competition after the recession. In effect: Recessionary marketing trends decide who wins after the recession.

I even have a graph and a link to prove my point:Trade Shows and Marketing during a Recession

 

 

Link

 

 

 

 

 

The good thing, believe it or not, is that this recession has also had an effect on the cost of marketing tools. Exhibits, in particular, are being offered for less than ever before, with innovative technologies available to make a greater impact than has ever been possible.

While a price break for exhibitors may not take the sting out of that knife firmly lodged in your back (the recession), it will at least keep you a few steps ahead of that guy with the chainsaw. Scary lookin’ fella, isn’t he? Sheesh.

Vertical vs. Horizontal Markets

March 19th, 2009

A good deal of your effort in pre-show planning might be placed on which trade shows to attend. You might want to give some thought, though, to which market you’re best apt to serve: Vertical or Horizontal.

Vertical trade shows are those in which exhibitors providing a specific product or service cater to attendees interested in a specific product or service. Boating, golf and apparel shows would most likely fit this category.

Horizontal trade shows are those in which exhibitors providing a variety of products and services cater to attendees interested in a variety of products and services. Healthcare, electronics and technology shows would likely fit this category.

While vertical shows can be most advantageous - in that your marketing can be more focused - they can be tricky because, if your marketing isn’t focused enough, you won’t get the desired results.

Bi-Polar Exhibit Houses v. Long-Lasting Trade Show Partnerships

March 11th, 2009

Display booths are designed, sold, and MANAGED - the account manager is accountable for the back end of the processTradeshow Guy: “You’ve been using ABC Exhibit House for 10 years- that’s quite a track record. I assume you’re awfully happy with whatever they’re doing for you?”

Tradeshow Exhibitor: “We’re THRILLED with ABC Exhibits. They’re the best.”

Tradeshow Guy: “Hmm. What is it that’s so great about ABC? What do they do that’s so much better?”

The likely answer to that question might catch newcomers to the tradeshow world off-guard:

It isn’t how impressive the trade show designs are. Their prices are probably higher than some of the competition. And no one will immediately rave about what high quality their exhibit house provides.

More than likely, it comes down to three things:

  1. “They always know what shows we’re doing, and when we need to work on it.”
  2. “They routinely ‘save the day’ – last minute changes and other actions that reflect that they genuinely want to keep their client’s exhibit program going strong through whatever hurdles may appear.
  3. “They’re part of our team.”

Plain and simple, #3 is the most important. The Account Manager plays the greatest role in ensuring a cohesive and dynamic relationship exists between the trade show exhibitor and the exhibit booth provider.

Essentially, the account manager is the key player who ensures that the exhibit selling process is not bi-polar. A “bi-polar exhibit sale” (or rental) goes like this: Sales finds Client. Sales, Design, and Client collaborate. The booth is designed, and sold. Sales hands the contract over to Engineer & Fabricator. Sales goes back to selling. What happens in this scenario?

Engineer & Fabricator look at the contract, look at the design, shake their heads, and build an exhibit based on those “guidelines.” They ship the display to the show, and Client PANICS! The minute changes that happen between the original conception of the trade show display, and its fulfillment, constitute an ocean of change for the exhibitor. Without the account manager’s care, discretion, and communication, the process is not a participatory one wherein the client is involved in the custom exhibit’s evolution.

There will always be conflicts between designs & contracts and engineering & fabricating. The devil is in the details, as they say. A long-lasting relationship demands that the exhibitor knows what to expect at every turn. The exhibit house effectively resolves whatever obstacles rear their ugly heads, and the client knows everything is under control. A short-lived relationship invariably follows the bi-polar model. The account manager is the glue that brings everything and everyone together. They’re the meds that keep us all HAPPY!

Tradition!!!

March 10th, 2009

Predicting the future of your exhibit program?I’m a bit of a traditionalist in my personal life. I like my routines, family rituals, favorite shampoo and shaving cream. I’ve even made a tradition out of how I mow my yard (the sacred path must not be varied from). Everything that has always been will likely always be for this guy (within reason - my wife/”boss” will occasionally force me to abandon any particular aspect that she deems absurdly prehistoric).

I enjoy things that are predictable, reliable, and proven. But I CAN recognize when things have outlived their useful life - met their expiration date - SPOILED. I know a foul stench when I smell one.

The “traditionalists” of the trade show world are either victims or perpetrators. Which are you? And what are the most egregious aspects of “traditional” trade show exhibit behaviors?

Back-End costs (stealth profits!):

 - Exhibit providers will sell a booth at what may seem like a reasonable price, and heap on added profits from unexpectedly exorbitant handling, repair, and refurbishment costs. While some of this “smoke and mirror” treatment can be flushed out prior to a contract being executed for purchase, some of it evolves out of the dependency that an exhibitor develops with the contracted exhibit house.

Non-Impact costs (it’s not marketing, but it’s in our budget):

 - As an integral and MASSIVE aspect of your marketing spending, it would be great if you could be spending money on MARKETING. Instead, traditional exhibit houses have tied up your marketing budget in storage, inspections, crates, and the aforementioned handling and repairs. Golly, nothing projects the company image more than a finely built CRATE. I can assure you, as a member of the spendthrift American public, I would buy more of your product if only you spent more money storing your aging, worn-out trade show exhibit.

Spending like you can predict the future:

 - 2009 is proving to be a terrible time to predict what your company’s trade show itinerary might be for the next 24 months. While the next year’s list of shows might appear to be set in stone (booth spaces reserved, etc), we just recently emerged from a moment in economic time when banks were weary of lending to institutions OVERNIGHT. You’re making educated guesses that span years into the future? Nostradamus meets Trade Show Coordinator - I AM IMPRESSED.

Tradition is all well and good, but is the decrepit model for trade show exhibit houses becoming antiquated and primordial? Is your boss looking over your shoulder to determine whether you’re coordinating an absurdly archaic trade show exhibit? Tradition might be fine when you’re deciding where to go out to dinner on that special occasion, but it downright STINKS when it comes to trade shows.

Marshall Yard Prophecies

February 27th, 2009

While the vast majority of Marshall-Yard.com readers look to us for advice on how to live a more virtuous lifestyle, hints on climbing the corporate ladder, and marital dispute resolutions, a precious few have higher expectations for the site and its content. Some readers expect unbelievably objective trade show exhibit information (it’s so unbiased I want to SCREAM!!!). Some come here for the pretty pictures. Some, after years decades of fervent reading, look to us for something more - they are left yearning even after their daily* fix of exhibit booth goodness.

Some Marshall-Yard.com readers expect us to predict the future. This post is for you.

On December 9th, 2008, I made a bold, unprecedented prediction that one of the “Great Trade Shows for 2009” would include the “Newspaper & Print Journalists Expo.” The post was written in soggy sarcasm (dripping with…). As of today, February 27th, 2009IT has come to pass!

Headline: “Newspaper convention canceled amid industry woes [sic]

For those of you who have been yearning for bold predictions of future events, keep reading. We will continue to satiate the intellectual and emotional appetites of the hopeless, confused masses - but you can now count on us to predict any, and all, future events of even the slightest significance.

Go figure: a blog downplaying the importance of a negative event for print media. Hmmmmm…

*-marshall-yard.com shall not be held responsible for the “daily-ness” or objectiveness of blog postings.

Managing to Account for Everything

February 27th, 2009

It is said that what separates those who are good from those who are great is that great talents make their jobs look easy. Most of us remember how effortless Michael Jordan made the game of basketball look- tongue wagging and a smile on his face, he would sink fade away jump shots, or leap over the likes of Patrick Ewing or Charles Barkley in the final moments of regulation. For a moment we all felt like it was something we could do - just another day at the office for him, after all.

The “best of the best” of nearly every field can be attributed this trait. The best doctor makes a medical procedure simple and clear to a layperson; the best mechanic will explain why your car makes that noise, and leaves you at ease with his resolution; the best administrative assistant will keep the entire universe organized and make it seem like that’s how things were before their diligence took root. Yet all of these professionals take immense care and effort in their craft. It ISN’T easy, but they make it appear so.

With trade shows, I think the account manager shoulders a burden that is most relevant to this “rule” of greatness. A great account manager will guide an exhibitor from the execution of the contract through to the completion of the show, and they’ll do it with the grace that gives exhibitors confidence, comfort, and most importantly: Success. Behind the scenes, however, the account manager wears many hats. They are oft perceived as the thorn in a contractor’s side, and they keep hawkish attention on the real-time execution of even the most minute tasks. They represent both the interests of their exhibit company and the exhibitor client, and are highly responsible for the nurturing of long-lasting relationships with third party vendors (those very same aforementioned contractors). These relationships alone are key to a consistently positive experience for exhibiting companies.

Account managers are essentially the glue that holds together a project that is often 6-9 months in the making - and the best make that glue smell good, hold fast, and remain strong. Mmmmmm. Glue.

Your Exhibit: A Parade in Reverse

February 26th, 2009

Trade shows are like a parade in reverse - you have about three seconds to capture an attendee’s attention. Your exhibit, ideally, should be an accurate - and aesthetically pleasing - representation of the quality your company embodies.

Getting Started

As you ponder the size, type and functionality, ask yourself the following questions:

  • What are your marketing objectives for this show? 
  • How is your organization perceived in the industry? Do you hope to change that perception?
  • Will your marketing objectives change for each show?
  • What’s your ideal marketing environment (ie. private meetings, demonstrations)?
  • At how many events do you exhibit nationally?
  • What type of exhibit space will you reserve (island, inline, etc.)?
  • How much are you able (or willing) to invest in your display?
  • What’s most important to you - design or cost?
  • Who is your audience? Does it vary by show or region?

Choosing a Trade Show Exhibit Display Company

 

It’s vital that you research the exhibit houses with which you’re interested in partnering. What is their reputation? Do they offer a full range of services? Will you get a dedicated account management team? What does their Website look like? Believe it or not, a Website - like an exhibit - can be quite telling with regards to marketing expertise and overall quality.

The best place to begin researching suppliers is to visit a trade show and chat with exhibitors. Ask about their suppliers’ level of service and ability to materialize what the exhibitor hoped to communicate.

When you’ve chosen one - or a few - potential exhibit partners, make sure to provide all information necessary: budget, time line, decision-making process, marketing objectives, etc. Try to avoid sending a general RFP or another form of “stock” invitation to bid. You’ll get the best results from direct, personalized communication.

Should you Rent your Trade Show Exhibit Booth? Part 2/3

February 20th, 2009

A frequent objection to renting exhibit booths is that they are too expensive - purchasing is supposedly less expensive in the long run, depending on how many shows an exhibitor goes to. And surely that’s sometimes true - we have studied the subject at length. Primarily, however, the opinion is based on comparing apples and oranges. An “erector set” style of exhibit booth, when purchased, will cost less than our custom designed rental exhibits. The difference is not in purchase versus rental, the difference is in VALUE. In the realm of trade show marketing, value is derived from marketing impact - how effectively you are at reaching your trade show objectives. If the erector set booth is inferior in accomplishing those objectives, then you’ll get more value from the custom designed and specially fabricated booth. In order to say rental is more expensive than purchase, or visa versa, you’ll need to compare apples to apples. That’s quite difficult to do in this business, but supposing we can, let’s start by introducing the items purchasers tend to underestimate:

-Storage
-Crates
-Inspection/Handling
-Damages / Repairs
-Redesign/Reconfigure
-Refurbishing

We’ve done a study of the subject in our corporate white papers, here, and in most cases, it becomes a break even [the document holds a vast number of assumptions, intentionally biased IN FAVOR OF purchase, just to prove the point of rental's economy]. Some scenarios reflect a slight advantage for rental, some reflect an advantage of combining rental and purchase, and some scenarios reflect an advantage for purchase.

 Typically, purchase programs that look cost effective on paper have a major hazard: overlapping shows. If you go to 10 or 15 shows each year, the ship/setup/show/dismantle/ship/inspect/repair/ship schedules overlap at some point. This neccessitates having at least two booths, and negating the cost advantage.

Let’s suppose, however, that purchase is always more cost effective. Surely if you only do one show each year, you would have to use the same booth, with the same graphics, for years on end, in order to save over rental. Why your company would bother exhibiting at all in that scenario escapes me (but we see it all the time), but yes you’ll be saving money. Instead of argueing that rental gives you greater flexibility, I’d like to offer an often neglected reason:

Because the exhibit booth is only a small aspect of your exhibit program - but it’s the one that sets you apart from your competition!

The exhibit booth itself construes roughly one third of the budget that a company might set for a given trade show. The show services are more and more often responsible for another third, and the cost of your booth space may, depending on the venue, equate to the remaining third. If you include the travel and lodging expenses of your sales and marketing people that are attending the show, and any technicians to install software or program a machine being showcased, the proportion of your trade show budget that the exhibit actually occupies shrinks even further.

Supposing that your exhibit booth is 1/4th of your total costs, why are you jeopardizing or sacrificing the marketing impact of your entire trade show endeavor over a slight projected advantage!?!?! Seems like a bad idea to this trade show guy. Give every show your best effort - RENT!

How to: Giveaways

February 18th, 2009

#1 Know your Audience:  If all trade show attendees were buyers, acquiring new business would be like shooting fish in a bucket. But we know this is hardly the case. This doesn’t mean, though, that you should throw in the towel. Offer giveaways only to attendees who will return your investment: potential clients who make an appointment to meet with you to discuss your product or service.

#2 Don’t just giveaway anything: Your secondary objective with giveaways should be to drive traffic into your space. Your PRIMARY objective should be to strengthen customer loyalty and promote your product or service. Essentially, steer clear of distributing any cheapo knick-knack, regardless of how it relates to your business: if you’re an electronics manufacturer, don’t give away rubber balls…try flash drives. If you’re a publisher, don’t bake cookies…give ‘em pens.

#3 Where are the giveaways?: If you’re able to solely target prospective clients with your giveaways, super! If you’re not (say, your exhibit environment wasn’t design to accommodate meetings), strategically position the giveaways somewhere in your space that doens’t lure passersby. Give them to each salesperson or keep them in an interior, yet easily accessable, cabinet.

#4 Price isn’t the only factor: A dollar per item, for instance, can buy a heck of a lot more than you might think…So USE it! That’s what budgets are for. Sacrificing quality for cost is the kiss of death in any business dealing. Remember to offer your giveaways to the right people for a near guaranteed ROI.

 

 

 

Should you Rent your Trade Show Exhibit Booth? Part 1/3

February 4th, 2009
Custom Rental Trade Show Exhibit Display Booth MarketingIs your company planning to purchase a new exhibit booth sometime in 2009 or 2010? The more and more I speak with trade show coordinators and marketing guru’s who have been charged with this responsibility, the more resolute I am as an ALL-OUT ADVOCATE for renting exhibit booths. Some companies go to 20 shows a year, some 12, some 5, and others 1 or 2. Heck, if you’re going to NPE this year, you might even go to a show once every 3 years! The rationale for each trade show exhibit program decision may be different, but here are a few “variations.”

There is a sort of “conventional wisdom” that I often hear:
 

  1. We do the same thing at every show.
  2. If you saw our booth, you would understand!(these exhibit are just TOO AWSOME for me to grasp, apparently)
  3. Renting is just too expensive. (These conversations typically give me this eery feeling that I must be unknowingly scamming all of my faithful clients that would excitedly volunteer as references. Those “suckers.”)
I absolutely loathe conventional wisdom. So let me break this down very succinctly:

  1. My brain hurts! Since when was marketing about being predictably boring at every opportunity, with tens or hundreds of thousands of marketing dollars invested to achieve mediocrity? Find a better excuse please!
  2. Custom rental with some custom built components can achieve unbelievable results, just as a custom purchase exhibit can. The rental approach will likely be lighter and allow you to do another creative and original exhibit at your next show - attendees will wonder just what you will come up with next!
  3. Cost is a factor of quality or extravagence, not rental or purchase. The market for trade show exhibits is very efficient and rental and purchase prices are not grossly disproportionate from one another.

Custom Rental Trade Show Exhibit Display Booth MarketingAs I mentioned earlier - I am not quick to back off of my convictions that renting is just flat-out smarter. Display booths are not meant to be stale marketing pieces that you begrudgingly pull off of the shelf for your next show. They should not embarass you with outdated styling or graphics, poor refurbishing work, or damaged exhibit pieces.

Part 1 of 3 means I have more to say on this topic… Still think it makes sense to buy your exhibit booth? Please let me know why!

Will Pro-Union Executive Orders have an impact on Trade Show Industry?

February 2nd, 2009

I’ve blogged ad nauseam regarding the effect that union-controlled show services has upon our industry - high prices that fly in the face of underlying costs and economic principles. I am fairly certain that my griping is exactly that - griping about a reality that will not change anytime soon. On that note, will it be getting worse soon?

That question struck me when I noted that the new executive administration ushered in a set of executive orders supporting/strengthening unions in America. The executive orders are aimed at hindering the efforts of non-unionized businesses trying to resist unionization of their labor force. Now when a business is working under federal contract they are no longer required to post a notice informing employees that they may opt-out of financially supporting a union; they will not be reimbursed for expenses associated with dissuading employees from unionizing; and they must offer new jobs to existing employees first.

I don’t proclaim to understand the finer points of how these orders affect practices currently in place for employers. I have gleaned that this clearly does not apply to every employer - just those working under federal contracts. Convention centers like McCormick Place in Chicago are actually funded and owned by the municipalities or states - is that outside of the grasp of the executive order? Is that an extension of executive orders or legislation yet to come?

In any business it’s important to keep ears open for lawmaker actions with effects on the economic environment. In this case, it may appear that my “sounding the alarm” about these orders is a bit of a stretch - but I think this is indirect linkage that will lead us to yet higher costs for show services. Am I sounding off prematurely? Will this have zero effect and I’m just paranoid?

How about a $800,000,000,000 stimulus package invested solely in trade show exhibit spending? Anyone in favor of that? Call your congressmen NOW!

And now for something completely different…

January 30th, 2009

I don’t know about the rest of you, but it’s friday, and I’ve been talking non-stop about trade shows, exhibit booths, display marketing in a recession, and everything else you could get engrossed in on a trade show blog of whatever stripe. Just to show that we’re different from all of those other exhibit company bozo’s, we’re going to abandon our regularly scheduled programming and cover something completely different:

Eyeglasses from the future!

Everyone remembers “that guy” who used to work at your place of business - he wore a lot of cologne, he hit on anyone who wore tight jeans (guys can wear tight jeans, too), he complimented the new girl’s “fake ones,” and he wore eyeglasses from the future. We’ll always remember “that guy,” and this post is for you!

Sweet times ahead for this guySexy future glassesHeadbands+Glasses=Cool futureThe future is going to be so coolUnbelievably awsome glasses. This guy is lovin\' life.Awsome glasses for exhibit boothsTrade show blog eyeglassesTrade show blog eyeglassesNot from future - from pastTrade show blog eyeglassesTrade show glasses from the futureImagine this guy wearing future glasses - even cooler!

 

We’ll return to our regularly scheduled programming on Monday. My apologies for the severe detour.

How can an Exhibitor ensure they get a great Exhibit?

January 26th, 2009

Catalyst Exhibit Trade Show Rental Exhibit BoothAll too often folks in the trade show business- and our customers alike - lose sight of what really goes into an exceptional trade show booth. Let’s take a look at the requisite constituents for a great show:

  

  • Exhibitor who knows what they want, and what their limitations are
  • Exhibit company salesperson/consultant who can thoroughly bring forth those details from the exhibitor, and effectively involve the exhibitor and designer
  • Trade Show Exhibit designer/design team who is a creative artist and problem solver, and who has experience with how his/her renderings will be enacted into a real-life display
  • Exhibit Company Account Manager who ensures that what was designed and sold is effectively built, peripheral services are accurately ordered (lead retrieval, catering, clean-up, etc.), all with minimal stress on the exhibitor’s company behalf
  • Tradespeople who have the skills and experience to take designs and a set of physical components, and translate them into reality
  • Exhibitor that coordinates a comprehensive trade show strategy with advertizing, sponsorship, and sales efforts

Do you know what the glue is amidst these different factors? An exhibitor who knows what they want, knows their limitations, and brings one marketing component (the exhibit) into the fold of a company-wide marketing blitz. Ultimately, exhibit houses need to be better at one thing: bringing out the best from exhibitors, within the simple framework of an effective/perceptive salesperson, creative design team, and highly-professional account management staff.

Always with the Negative Waves!

January 20th, 2009
If you know how to read, you’re probably tired of hearing all of the bad news that gurgles out of the mainstream media lately. I think the latest thing I read mentioned that we’re in a recession - did anyone else hear about that? Oddball, AKA Donald Sutherland, said it best: Why don’t you knock it off with them negative waves!!!

Trade show exhibit marketing is one of many budget categories finding itself on the “chop block” as companies adapt to new economic realities. This is not, however, a RULE across all industries, and the way that an exhibit company adapts to those leaner trade show marketing budgets decides whether exhibitors WIN or LOSE as consumers of our services. Consider this:

Today I encountered two extreme ends of the spectrum in terms of marketing budgets: A Trade Show Coordinator from “Company A” informed me that her budget had been slashed by 90%! They were scaling back from five large shows, to one small show. The Marketing Director for “Company B” assured me that they were experiencing great growth, and were now looking to triple their budget, making a dramatic and explosive marketing impact at their main 2009 show. These are two extremes, obviously, but consider that there are two different extremes among trade show exhibit companies as well:

  1. Companies looking to survive - handing out pink slips, cutting down on color printer usage, bidding only high-profit market opportunities, using cheaper materials and components for booths, providing less service, so as to cut down on non-essential employees.
  2. Companies looking to increase market-share - head-hunting for industry-renowned talent, being frugal but realistic about overhead costs, bidding on exhibit booth opportunities that might not have been “optimal” in 2007 or 2008, providing more services - utilizing existing employees to offer a greater competitive proposition for existing clients-  and making every proposal “too good to refuse” when it comes to price!

These two different extremes are becoming more and more apparent as we look at our competitors in the trade show exhibit industry. The first choice presents itself as a poor option for exhibitors. Less quality is provided at or near prices seen in years past. The second choice, which this blogger is excited to be a part of, proves to be a better choice for exhibitors. A more impactful trade show marketing experience is provided for a price that blows away those who just want to “get by.”

Oddball got it right - “Why don’t you say something righteous and hopeful for a change???” We’re all positive waves!

Exhibiting your Expectations on Exhibits

January 15th, 2009

I had a peculiar phone call with a prospective client today. The client, which was a marketing company in Chicago, working for a European company in this case, was charged with organizing a Canadian tradeshow exhibit booth for this company. They got their obligatory three bids - one company in Ohio, one in Boston, and us. The first bid already came in, from the Ohio outfit. They like the design a lot. The second bid was expected yesterday, and when my contact called the company, curious as to why the design hadn’t been delivered yet, she was shocked as to why.

The kind folks in Boston decided they were not going to bid on the project.

Put yourself in my client’s shoes. Here you are - your major European account, one of your most coveted clients - and you have to go to them, with your tail between your legs, and explain how you only got two bids. It’s not as though exhibiting is an inexpensive endeavor. It’s not as though you have less-than-normal competition for a direct mail campaign. We’re talking about tens of thousands for a two day event, and you’re going to skimp out on competition. Oh, brother.

In much the same way that the marketing rep is going to need to manage the expectations of her European client, it is any responsible exhibit house’s responsibility to manage the expectations of our own clients. There are reprocussions for stiffing a prospect on the design you promised you’d deliver.

Was it a short time frame to come up with a creative and innovative 10×20? Yes. Is it a tight budget to create a show-stopping design, as requested? Yes. But this is 2009, when only the strong will survive, and letting prospects hang out to dry seems like a risky business plan.

Of course, my prospective client did share the name of the exhibit company. I made a mental note, and a written one too. I suggested that this might have happened because of “internal issues.”

Yeah, we’re seeing a lot of that. 2009 is the year when only the strong exhibit houses - the ones with talent, honest ethics, and a strong balance sheet - will be “passing go.”

Carpet Padding Pt. lV

January 12th, 2009

Dear Exhibit House-

I am the Marketing Manager for a successful, progressive company and have a hearty amount of experience organizing our trade shows (for which I am the sole decision maker). I’m preparing now for my next big one and would like to prioritize my exhibit needs as follows (just to be sure my most pressing needs are met with innovation and efficiency):

20-30 stem lights. White, not silver. Ick. You never know what kind of an impression these make 16 feet in the air. I realize they cost a lot more than, say, Par-can lights but I’m really looking for a solid “flashlight” effect here, so mount up.

Docking station for our mixed berry smoothies. Give-a-ways like these have spunk. No embossed erasers here! These help bring qualified customers in (so we can sell them our sheet metal shears), so make sure there’s enough room in the booth to make at least 500.  

DOUBLE carpet padding. I cannot stress this enough. I wouldn’t want to walk around for three days on broken glass, would you? Double padding = comfort. I know, I know, I know…heaven forbid we have to change our electrical layout. Heaven forbid our lead man has to “slice through a 34-ounce steak with a spoon” again. But it’s VITAL.

Demo stations. Quantity TBD. I still have to meet with the nine people on my team to discuss. Should know within the next month or so.

Reception counter. In a bright orange to match our logo.

3-4 conference rooms. Transparent material would be fantastic, as we don’t want a “stuffy” environment. Please note, though, that it must also be sound-proof and allow for complete privacy.

Storage. We have a lot of salespeople. And they have a lot of stuff.

Regarding our budget: we have a 20×40 peninsula (but are trying really hard for an island) at either ACCM or AMCC 2009…can’t quite remember. It’s in Orlando, though, sometime before Easter. And though our $16,000 budget is all-inclusive (FYI - we’ll need an itemized contract so we can determine where to save costs, if necessary), I’m still waiting to find out whether it includes electrical service, foliage, installation or our travel expenses. Oh, and there’s a good chance it might include promotional items and rental of the exhibit space itself.

Regarding our time frame: we’re really hoping to get a rough quote - and a couple concepts - by Friday. And though we accept electronic information, it’d just be super to get five hard copies of your proposal. I’ll need to share it with, and get approval from, my team. Busy couple months, so it’s been tough trying to get everyone in the room!

Regarding invoicing: If you’re chosen as our preferred vendor, please send our invoices to our headquarters in Xi’an, China (address enclosed). We’ll cut a P.O. for the first 50% and will need to pay the remaining amount at least two weeks after the close of the show. Corporate policy.

I’ll be traveling overseas for the next five days or so but please feel free to contact me at any time with questions. Otherwise, please send your proposal at your earliest convenience.

Thank you!

 

 

 

 

Trade Show Exhibit Carpet Padding-A Discussion of its Costs, Benefits, and Aesthetics in a Flat World: Part 1/4

January 6th, 2009

Due to unexplainable reader demands, nay threats, we will be embarking on a journey of exploration and enlightenment in pertinence to carpet padding. No trade show blog would be complete without it.

Carpet padding has been called by some “the 3rd rail of trade shows.” If you search the blogosphere, you’ll find nary a tradeshow blog post or website dedicated solely to the subject of carpet padding. Why? Or, perhaps more conclusively, one should ask, WHY NOT?

Carpet padding is BY FAR the most integral factor in the design, fabrication, and implementation of an effective trade show exhibit. Some exhibitors have a marred track record of charging clients for unnecessary trade show items like: graphics, lighting, reception counters, demo-stations, the list goes on. We all know that this business has been characterized by this kind of behavior since its INCEPTION. What some don’t recognize, is that this is still commonplace in this industry. A client asked me JUST THIS MORNING whether he could add a table and four chairs to his exhibit booth. Disgusting.

If you are a client looking to custom design your booth, here are a few key questions to ask your trade show exhibit company:

1. What will visitors to my booth be standing on?

2. If a visitor refuses to wear appropriate footwear, how likely are they to stand in MY BOOTH, and not someone else’s?

3. Will the carpeting be obstructed by any unneccessary objects?

That should ensure that your trade show exhibit program gets off to a good start for 2009’s event.

Modular Exhibits: the bane of my existence

January 6th, 2009

An exhibit house recently debuted the “Designline Modular.” Another brought up the rear by creating  the “XRline” modular solution. Though heralded as innovative (and considering the science fair poster board displays some companies use to tout their wares, these might well be), they’re are all modular. Modular exhibits, by definition alone, are a hybrid of pop-up and panel & frame. They fill the space, sure, but do they make the best use of it?

The XRline is a lightweight aluminum structure equipped with tension fabric (for graphic applications), built-in Halogen lights and a custom laminate canopy. Other enhancement options (ie. shelving) are also available. While this is, indeed, a slight step up from the typical, “who brought the Tinker Toys?” modular solution, it does spur a couple questions. First of all, anyone using this system will have a tough time exhibiting in Nevada, as many venues forbid the use of Halogen lights. Secondly, what good is a canopy if it’s made of laminate? It’s like having drapes made of copper. And what if you reserve a bigger space next year? What if the configuration changes? How can a 10×10 modular exhibit - that you’ve purchased - accommodate your needs? Most importantly, is this exhibit an ideal representation of your organization?

Modular exhibits are functional, yes. They serve a purpose. But if you’re going to spend the money to exhibit, spend it on something that doesn’t look like you assembled it in the back of your brother-in-law’s pickup. Spend it on a custom rental exhibit - even a 10×20 - that will make a far greater impact on the show floor. Spend your money on graphics that will showcase your product, service or solution. Spend your money to make your money.