Marshall Yard:

As Iran erupts into riots and chaos with their recent election (and by “election” I mean “perfectly executed exemplar of the democratic process in its purest form”), I thought I’d tally up the votes for and against virtual trade shows.

I’ve had a cruel fascination with virtual trade shows for quite some time. In fact, I have between 5-10 aborted blog posts wherein I abysmally attempt to analyze this topic. Too long winded, and a bit too “soap box-ish” when it came time to post, so I thought those subjects were better off in blog-limbo (”draft”).

Here’s how virtual tradeshows have been treated here in cyberspace (there seem to be 3 general arguments):

1. Tradeshows are so expensive that virtual trade shows will continue to gain importance: they’re the wave of the future, and super-duper-green to boot.

2. Virtual tradeshows may never quite overcome tradeshows, because business people need to meet face-to-face, hug, and cuddle over that freshly inked contract.

3. Virtual tradeshows are stuck in the social networking fluff-world - not conducive to replace the serious business that actually takes place at trade shows

Because this tradeshow blogger always thinks he has an exciting new viewpoint, I’m going to offer my own spin: (more…)

Online ads aren’t the only thing that marketers expect to increase over the next year. While an overwhelming 68.7% of marketers expect to increase their Online advertising, 37.6% also expect their Event marketing to increase, with 49.9% seeing no change in that figure. While that isn’t an overwhelming increase in Events, it does reflect an opposing trend to many other forms of marketing. Take a look here. Budgets for radio, broadcast, and outdoor marketing are down significantly, whereas Events, Direct Mail, and Telemarketing are modestly increased.

The trends of modest increases are paired with modest increases for marketing budget through the second half of 2009, and through 2010. Budgets were slashed across many different industries for the first half of 2009. This has greatly affected the trade show exhibit business, with exhibit houses lowering prices and responding with additional services. Even tradeshow organizers and convention halls have responded with stimulai of their own - reduced booth space pricing, and some early indications that services for things like I&D and drayage may be reduced from their inflated levels. Our “The Frugal Exhibitor” segment chronicals online sources keeping tabs on the ebb and flow of tradeshow values.