You've decided to take advantage of the numerous opportunities that trade shows provide. Then the negative feedback starts rolling in: "Trade shows are a waste of time." "We lost thousands of dollars on that show." You start second-guessing whether exhibiting is a good idea after all.
Trade shows are an incredible marketing tool. The keys to success are advanced planning and having the right strategy in place. If you avoid the mistakes that your peers are making on the show floor, you'll prove all the naysayers wrong, and you'll see just how beneficial trade shows can be for your bottom line.
That said, here are four key mistakes many exhibitors make:
1) Waiting until the last minute to plan. There's an old proverb that says, "He who fails to plan, plans to fail." Never is that adage more true than in the exhibiting world. Ideally, you should begin planning for your event at least a year in advance; four months at the VERY MINIMUM. Boost your trade show ROI by taking advantage of "early bird" discounts and avoiding rush charges.
2) Targeting everyone who attends the event. Believe it or not, not every attendee at an event is a potential customer. Far too many exhibitors waste time talking to people who couldn't care less about what the exhibitor has to offer. Avoid this by identifying your company's ideal prospect, training your booth staff on how to properly qualify those prospects, and honing your marketing strategy to attract those prospects.
3) Too much clutter. On your trade show display, in your booth, everywhere. The most successful exhibitors abide by the "keep it simple" principle. Unclutter your graphics by limiting text. Unclutter your booth space by reducing the amount of sales literature (brochures, fliers, etc.) you bring with you, and by limiting the amount of staffers in your booth. You want to entice attendees to visit your booth space, not scare them away.
4) Choosing the wrong exhibiting staff. Make sure that the people who are representing your company are comfortable talking to strangers, and ensure your staffers are well-versed in the product or service that you're showcasing at the event. Nothing turns attendees off like people who appear unfriendly and/or inept.
When you avoid these costly (and oh-so-common) mistakes, you'll be able to tap into the immense marketing power that trade shows have to offer.