I often take the time in December to plan out my next year, to see where I can improve and how I can push my events to the next level. I have been diving into various TED Talks lately and wanted to share the top 3 that inspired be for 2020.
What I Learned From 100 Days of Rejection by Jia Jiang
Trade shows 80% rejection, people walking by or saying no thank you. Learning how to accept that is a crucial part of the process.
Embrace the Remix by Kirby Ferguson
We rarely start from scratch with our trade show programs. We have Brand Guidelines, legacy materials, and past data that we can constantly remix into better ideas.
How Great Leaders Inspire Action by Simon Sinek
I find that after a long year, going back to Simon Sinek’s Golden Circle and focusing on the why is a great reset for my brain and creativity. We often focus so hard on the benefits and features of the products or services that we forget that people don’t buy those. They buy the why.
What are your favorite TED Talks or inspirational videos?
As this year draws to a close, I often use December to plan my next year. One of the questions that I ask is if I should exhibit or attend certain shows? Here is how I decide if I should exhibit or attend a show if I am on the fence?
If I have attended this show before I will also look back on my reports and notes to see what I thought at the time of the event and if I wanted to attend again.
Always make notes after you exhibit at or attend a show. This will help you remember what was happening and how you felt. A year can be a long time.
Most small businesses do not have the budget to purchase, furnish, and staff a 40 foot by 40 foot booth or larger. We are unable to provide snacks, a comfortable place to lounge, coffee, and tons of giveaways for attendees swag bags. The good news is you can compete with these larger booths and companies.
Here are a couple of hard truths about the big booths with all the free items.
They are lucky if 20% of the people that stop by are people who want their product and have decision making authority.
They have to close more or much larger deals to get to their break even point. More space and more giveaways means more money.
They are throwing all the spaghetti at the wall and seeing what sticks. They are sending out their brand everywhere and hoping to attract the right people.
So how do you compete with the big boys?
Here are some simple ways to ensure your booth and company stands out.
Have a clear goal for the show. Know who your target market is, how you’re going to reach them and how many you want to reach. You need to have laser focus. Qualify people quickly, engage those who you can help and politely move on those you cannot.
Make your booth interesting and inviting. Yes, a 10 x 10 space can be both of these things. Designs a booth that allows people to walk into your space and speak with you. Get them off the aisle and into your space. Have visuals that easily identify your company and why attendees should care. Give your target audience a reason (aka: value) to stop.
Use the press. Send out press releases to the press corps you know will be involved at this show. Put together a list of the industry publications and local news. Give them a reason to stop by your space – i.e. New or unusual product, the cause you are supporting, your why.
Smile and engage the people on the trade show floor. A smile and welcoming attitude will go a long way.
If you follow these simple steps you can compete with the giants at a show.
Now, the caveat is that these steps are simple but not easy.
You will have to put in the work to pick your goals, design your booth, write a press release, and engage with attendees. This will take time and effort but it will increase your return on investment for every show.
I always loved the movie Mary Poppins. I wanted her bag that could seemingly hold anything and you could pull out exactly what you needed. I have created my own version of this with my Trade Show Box. I want to share why I created this and my checklist.
Why you need one:
Trade Shows have a ton of unexpected twists. A roll of duct tape or twine can save your booth.
You can help your neighbors. I always try to make friends with the neighboring booths at a trade show. They can watch your booth if needed or help you in return. A few zip ties or duct tape can pay amazing dividends.
You know you have what you need, when you need it.
How to create one:
Start with a Large Tupperware box that can be sealed. Lids mean you can stack other items on the box and keep the elements out.
Create a checklist that can be customized for each trade show.
Check the box against your checklist before every show. This is crucial because items will get removed or depleted and you will want to make sure you restock.
Creating Your Checklist
Each trade show is unique in what you will need to bring but there is a set of items you should bring to everyone. Download the interactive checklist I have provided below to ensure you have a well stocked Trade Show Box.
When you have 200 – 300 other booths you are competing with for attendee attention, it can be disheartening. There is hope. Here are the three ways YOU as a small business owner can stand out at a trade show.
1. Be a Speaker
Being a speaker at a conference has very few downsides. You will be seen as an industry leader, trusted by the selection committee, and given a platform to sell yourself – without the sales pitch. Learn when speaker selection starts and submit your proposal early. Do NOT pitch your company or services until the last 3 minutes of your presentation. This should be limited to, here is what we do and here is the booth we are at if you want to chat more. Nothing turns attendees off more than an hour-long sales pitch on what your software can do for them.
2. Dress the Part
For a team of you, have branded attire such as shirts or name tags. If your booth has a theme, dress the part. I have seen people in full formal wear, others in hiking attire and more. One of the most memorable was a group that wore lime green suit coats. I still remember them and their product. If you do not have a theme you can dress too, then dress business casual is a good bet.
3. Be in the Moment
Engage with the attendees. A smile and asking how they are doing will stop most people. I will compliment jewelry, a fun scarf or other accessories to start a conversation. The group in the lime green suit coats, they were memorable because of the connection as well as the color.
Being in the moment means no phones or laptops unless they are used to collect leads. You have spent a lot of money on your show, use every minute you have and connect with as many people as possible. Remember that while not everyone is a lead now, everyone can be a lead or a referral later.
As a small business owner, you need to use your investment in the trade shows. Find a way to stand out and be memorable. This will help you to start a lasting relationship.
Trade shows can get expensive. I have been working on a booth recently where I am spending most of my budget outside of the trade show floor. I have been looking for ways to save money on the booth design. I wanted to share how I am cutting into my budget.
Booth Design
The booth design that I have includes two tables, a TV, and the potential for a custom backdrop. I will be showcasing multiple items from different businesses in the booth so I will be creating tiered levels to give the booth some height and dimension.
1. Bring Your Own Items
I am using two tables in this booth design. My booth comes with one 8 foot table. Rather than paying the $40 for the second table, I will be bringing in my own. I will also being using file archive boxes as my tiers. I could rent shelves for $100 but that would not work with the booth design.
Savings: $40
2. Rent Outside of the Show
I need at least three white table cloths and some colored overlay. I will rent the white table cloths at $8 rather than that $20 from the show.
Savings: $36
3. Use the Early Bird Discount
I start the basic planning for my booth at least 6 months ahead of the time. Most shows offer an “Early Bird” or “Advanced” pricing. This will often be 10 – 20% discount on the pricing. I am a big believer of carpet in you booth as a way to elevate it. I will save $25 by ordering early. I am also ordering electricity and will save $32 with the discount.
Savings: $57
Total savings: $133
Now, I know this is not a huge dollar amount, but it is 10% of my $1,000 budget (after booth space purchase). These savings will grow as your booth size grows and your budget. I will use these savings towards my paid advertising budget and boost the marketing campaign that is happening outside of the booth.
Now, there is one huge caveat to this, please read the load in or set up rules. Some shows do not allow you to use a cart (or rolling suitcase) to bring items in so you will have to carry everything. Other shows state you cannot bring certain items in from the outside. Please make sure you have read the rules and if you have any questions, ask the General Services Contractor for clarification.
