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Pre-Show Promotion: How To Quadruple The Results Of Your Trade Show Marketing

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Pre-Show Promotion: How to Quadruple the Results of
Your Trade Show Marketing
Promotion
is a critical leverage point in trade show marketing. By applying a
modest effort in planning and executing promotional strategies, you can
double, triple, even quadruple the results of your investment.
Trade
show marketers often get so preoccupied with designing and building
their booths, they can forget to concentrate on driving qualified
traffic. There are a number of important reasons why an investment in
promotion is critical to your success:
- You cannot expect show management to do all your recruiting for you.
- Business
buyers generally plan their trade show time in advance. The Center for
Exhibition Industry Research (CEIR) found that 76% of attendees use
pre-show information for this purpose.
- A fabulous booth is not an end in itself. The end is only reached by attracting qualified traffic.
- Front-end
and back-end promotions extend the impact of the event over a longer
period of time and deepen the resulting connections with customers and
prospects.
Your Trade Show Promotions Strategy
A trade show marketing plan must include an integrated strategy for
communications to support your objectives. The strategic planning
process is actually easier than you might think. Let the optimal
promotions emerge naturally from your show objectives. Here is an
example.
Sample Business Event Promotion Strategic Planning Grid
Event Objective |
Associated Metrics |
Promotion Strategy |
Pre-Show Promotion Tactic |
Generate sales leads |
- Number of qualified leads
- Cost per qualified lead
|
- Drive qualified prospects to the booth or the event
|
- Pre-show mailing to show attendees
- Pre-show email to house file of customers and prospects
|
Recruit channel partners |
- Number of partners recruited
- Cost per recruited partner
- Geographic penetration of recruited partners
|
- Drive potential channel partners to our booth or event
- Create good will among partner candidates
- Set up show appointments with qualified partner candidates
|
- Pre-show mailing to prospective partners
- Cocktail event for partner candidates with speech by CEO
- Outbound telemarketing to set up appointments with channel recruitment executives
|
Retain current customers |
- Number of customer appointments
- Number of new product demos to current customers
- Revenue closed from current customers
|
- Maximize appointments with current customers
- Show appreciation for their business
|
- Outbound contact by account teams to set up appointments at the booth
- Golf outing and customer appreciation dinner
|
In
this example, if your objective at the trade show is sales lead
generation, and you will declare success based on the number of
qualified leads, then you want to select promotional strategies and
pre-show tactics that support them. This table suggests some
hypothetical pre-show promotional tactics that might emerge. Notice
how the promotional tactic is specifically selected to support
measurable objectives. The neat thing about this approach is that it
narrows the tactical field to the elements that will be most effective
in meeting your goals. And it provides useful ammunition against the
random tactical ideas that inevitable come up during the marketing
process.
Budgeting for Promotions
According to the Center for Exhibition Industry Research, marketers
spend a mere 6% of their entire trade show budgets on promotion.
This makes no sense. How have marketers lost sight of the essential
principle underlying everything they do? We have learned time and
again how deluded is the attitude of "If we build it, they will come."
To
counteract this 6% promotional spending average, Jefferson Davis,
President of Competitive Edge, an event training company, advises his
clients to budget 15% for promotion. "Exhibitors' single biggest
frustration when they get to a show is that they don't get enough
visitors, or they don't get enough of the right visitors. That says
that the current average spending you see reported in the industry is not working.
So, my conclusion is, if you spend more than average, you'll do
better. To find the money, you can manage your costs better in other
areas." Davis includes both pre-show and post-show promotions,
including lead fulfillment and follow-up in his 15% recommendation.
Executing Your Pre-Show Promotions
The most-cited goal of a pre-show promotion is to drive traffic to your
booth. But not just any traffic. You want qualified prospects only. Think of it this way: You are front-loading the sales qualification process.
An effective pre-show strategy employs two prongs:
- Targeted
communications to registered attendees. The first step: cull the
pre-registration list you receive from the show organizer to eliminate
non-prospects and competitors.
- Communications
to your house file. These people are already interested in doing
business with you. If they are not planning to attend the trade show,
your invitation will serve as a useful part of an ongoing
relationship-building communications stream.
Pre-Show Promotional Tactic Checklist
Business
marketers have used all kinds of tactics in pre-show marketing
communications. You can use this checklist as a jumping off point.
Just be sure you don't get enamored of the fun and creativity of all
this, and forget that your objective will be optimally supported by a
set of tactics that grab prospects' attention and persuade them of the
value of following your suggestions. Your objective is not simply to
gain awareness; it's to drive an action.
Also
keep in mind that you only want qualified visitors to come to your
booth. An aggressive offer should only go to very targeted audiences.
With lists that are less qualified, use a message and offer designed
simultaneously to attract the wheat and to repel the chaff.
- Print
up stickers with your booth number and the name, date, and city of the
trade show. In the months before the event, affix the stickers to all
kinds of communications—invoices, letters, packages, whatever you can
think of. Provide each sales person with a batch of stickers, too.
- Create
an electronic ad or tagline that can be dropped into your regular
electronic communications (your website, e-newsletters, solo email).
- Create
a mini-site off of your company website that describes your activities
at the upcoming trade show. Populate it with your press releases,
product announcements, exhibit hall hours, contact information for
staff working the show, speaking engagement schedule—whatever will
inform or excite your customers and prospects. Mention the URL in all
your correspondence before the show.
- Send out free passes to the exhibit hall, or discount registration offers to the trade show.
- Send a letter plus a map of the exhibit hall, with your booth location highlighted.
- Advertise in pre-show issues of your leading industry trade publications.
- Produce
a show appointment book. Set up appointments with your key customers.
Send each one as your confirmation the book with that appointment
hand-written inside.
- Do what everyone
else does: send a coupon, puzzle piece, or key that can be redeemed
for a gift at the booth. But also do what only a few do: narrow your
target for this promotion to attendees who are likely to convert to
qualified leads—and not every name on the list.
- Offer
a time-limited incentive, to create a sense of urgency. "The first 30
people to visit our booth will get a special prize!"
- Use testimonials from last year's attendees.
- To get past gatekeepers at the executive suite, try a dimensional mail package.
- When
you rent the list of pre-registered attendees, review it carefully to
eliminate competitors, students, and other exhibitors, as appropriate.
Keep an eye out for obvious duplicates, as well.
- Never
use less than first-class mail. Don't be among the pre-show mail
pieces that attendees will inevitably find in their in-boxes on
returning from a trade show.
- Develop a
series of contacts using all the media options available to you:
letter, fax, postcard, telephone, email, personal visit from a sales
rep.
- For a stronger impact than the mail: have your sales people drop off invitations to customers and prospects by hand.
- Stress the benefit. Don't say "Visit us at booth number x." Say why.
Why should recipients take the time to visit you? Are you offering a
show special? Launching a new product? What's in it for them?
- Send your targeted list a coupon for a free gift that they can pick up at the booth.
- Promote your trade show special offer.
- Try mailing to the list of the trade show's prior year attendees.
- Send
a personal letter from a senior executive at your firm. Include the
dates and locations of your trade show activities, and explain why they
should come. Use the executive's personal letterhead stationery, and
mail it first-class.
- About 5 weeks in
advance, have your sales people call their clients to set up
appointments at the trade show. Create a master schedule of expected
visitors, and make sure you don't overbook in relation to the booth
space and demo stations available. If prospects are unwilling to
commit to a specific time, ask them to name an afternoon or a morning
period when they'll come by. Follow up appointment-setting calls with
a confirmation letter, and then an email reminder a few days before the
trade show.
- Make sure that appropriate
staff will be ready and available to meet with the customers and
prospects you invite. Match the seniority and technical level of your
staff to the customer wherever possible. You don't want the CEO of
your prospective new account meeting with a junior marketing
assistant.
-------------
Ruth P. Stevens consults on customer acquisition and retention
marketing and teaches marketing to grad students at Columbia Business
School. She is author of Trade Show and Event Marketing and The DMA Lead Generation HandbookReach her at ruth@ruthstevens.com.
(Courtesy of JEM Promotional Products ©2007)
If you have any questions relating to promotional products, please don't hesitate in contacting us.
JEM Promotional Products
Phone: (02) 8205 1334
E-mail: enquiries@jempp.com.au
Website: www.jempp.com.au