Exhibitor Tips

Exhibitor Tips, Return on Investment

What’s your strategy for SelectUSA?

SelectUSA is an unrivaled opportunity for international firms looking to scale to the U.S. market. We believe the knowledge gained from Economic Development Organizations, investors, service providers, and network resources, coupled with the maturity of the companies in attendance, makes SelectUSA a hard event to beat. At MEET, we help international B2B growth companies soft land and scale in the U.S. through trade shows and in-person events. We look forward to SelectUSA all year for the unique opportunity to connect with companies that are seriously looking to grow in the U.S. market. A large portion of what we do with clients is to develop strategies to maximize client ROI. In-person events are a major focus of our work because for companies looking to expand to the U.S. market, trade shows represent a vital opportunity to get face-to-face with target customers, test value propositions and offers. Here’s a look at how, from a strategy perspective, we recommend scaling firms approach SelectUSA. Like all our trade show strategy plans, we’ve broken down our approach into three sections: pre, during, and post event. Pre-event Strategy Determine a set of top priorities Do the work ahead of time to set clear goals for what you need to accomplish at the event. Second-tier priorities can be listed here as well. Set meetings aligned with your top priorities If there are preliminary meetings you are able to set before the event via Skype or Google hangout, do it! Positioning yourself to be having second and third-level conversations at the event will create more value than trying to follow-up remotely from your home market. Use the hosts and people you know as resources Don’t be afraid to reach out to the event hosts, Economic Development Organizations, exhibitors, speakers, and other attendees to help you navigate the process and make the best and most effective connections for you. Think of MEET in that group—you’ll find us at Booth 224 in the main exhibition hall. Use the matchmaking platform SelectUSA has designed a variety of tools and opportunities to help event participants be as successful as possible in reaching their goals. The matchmaking tool offers a great pre-event opportunity to set up meetings, engage in messaging and develop your own customized schedule of workshops and events. Event Strategy Build in a daily refresh Check in with your top priorities at least once a day during the event. Check off what you’ve accomplished and where you need to focus your attention for the remainder of your time there. Above all, keep your eye on the ball and moving it downfield to ensure your efforts are aligned with your outcomes. Network to your benefit Utilizing your networking skills and techniques are important, but perhaps even more important is that you are able to clearly articulate your top priorities during every interaction. Stating your priorities will help others understand how they can support you—either themselves or through their own networks. Set meetings before you separate Meet someone great? Exchange business cards? Don’t leave the event without setting a meeting. Today everyone travels with their calendars and there’s no reason why you can’t set a time to talk (even if it’s tentative). Setting a meeting in person eliminates the inefficiency and insecurity associated with phone or email follow-up. Nothing is lost by putting something on the calendar. Close when appropriate If you know you’re ready, and you feel that all the information is available to both parties, there’s no reason to wait to close a deal. While every instance is unique, the more you can check off in-person, the more effective you’ll be at achieving your goals. Post-event Strategy Remain clear on those top priorities Make sure you’re still checking off those objectives and keeping track of what remains to accomplish. Follow-up Regardless of how well you’ve executed your game plan or how many key introductions you made at SelectUSA, it’s all potential energy until you’ve followed up after the event. To the extent that your strategy is queued-up before the event, implementing immediate and efficient follow-up is critical. Close when appropriate Once you’ve arrived at a place where both parties have the information they need, it may be time for that very simple question: is it time to formalize this relationship and move forward? Priorities = Success At MEET, we love the “big rocks first” analogy inspired by Stephen Covey when thinking about how to develop an action plan for a unique opportunity like SelectUSA. [In case you’re not familiar, here’s a video to get you up to speed.] The point is to start your SelectUSA strategy plan by focusing on your top priorities—your big rocks—and what it will take to accomplish them. For example, things like: Making great connections by leveraging pre-event tools and a clear, concise articulation of your priorities. Achieving learning goals, whether it’s regulatory, legal, financial, competitive or market-entry intelligence—what can you learn from attending SelectUSA. Meeting people one-on-one, recognizing that time at the event is limited and doing your best to schedule these prior to the event. Have you developed a strategy for SelectUSA yet? The time to start is now. About MEET (meetroi.com) helps international B2B growth companies soft land and scale in the U.S. through trade shows and in-person events. MEET’s processes help its clients ramp-up sales quickly and maintain a steady stream of high-quality prospects going forward. Contact Bill Kenney for a no obligation conversation bill@meetroi.com or +1 (860) 573-4821.

Exhibitor Tips, Workshops and Webinars

MEET 2019 Webinar Schedule

  January 24 Issues and Opportunities When Entering and Endeavoring to Scale in the U.S. Market with Blair Parks, U.S. and Canada Business Manager, Mayor’s International Business Programme at London & Partners February 25 The Top 5 Mistakes that Exhibitors Make at Trade Shows and What to do About It! March 14 Reviewing “Question the Question”, Octopus Ventures treatise on the Keys to U.S. Market Entry with Priscila Bala, Head of Octopus’s New York Office April 9 A/B Testing to Validate Your Trade Show and In-Person Event Strategy May 7 May 14 Setting the Table: Creating Your SelectUSA Success Plan Assembling Your SelectUSA Toolkit June 20 June 25 SCALE NOW: Entering the U.S. Market through Trade Shows and In-Person Events What You Don’t Know Can Kill Your Business: Nailing Market Research for U.S. Market Entry July August September October November December

Exhibitor Tips, Return on Investment

The Key to Identifying High-Quality Prospects

It turns out that the key to identifying high-quality prospects isn’t a huge marketing budget or a massive sales team. Rather, the key to identifying high-quality prospects lies in the precision with which you execute your strategy. At MEET, we help international B2B growth companies soft land and scale in the U.S. through trade shows and in-person events. We do this because we believe that trade shows deliver the most efficient way to get face-to-face with a target prospect. And if carried out correctly, 100% of those targeted and enrolled will be high-quality prospects that deliver a strong return on investment (ROI). In the advent of social media, trade shows remain the most efficient way to get face-to-face with high-quality prospects. 90% of exhibitors fail to maximize ROI With 75+ years of experience in trade shows and in-person events, we feel confident in our assessment that approximately 90% of exhibitors fail to maximize ROI. This results in wasted money (trade shows aren’t cheap!), and wasted time that key team members could be using to deliver results. What contributes to this loss of valuable resources? Many exhibitors fail to take advantage of the opportunity that trade shows represent. There are a number of reasons why, the first of which is a poorly defined target. What is a high-quality prospect? One of the greatest challenges companies face in delivering ROI at trade shows is defining a prospect. At MEET, we’ve identified three criteria to help our clients distinguish high-quality prospects from the sea of trade show attendees who may or may not approach the booth during an event. High-quality prospects must have a need, the resources (money) to fulfill that need, and urgency. For the point of simplification, we like to use the phrase: NEED MONEY NOW In essence, these are individuals for whom your product or service solves one of their top three problems at this moment. In the absence of any one of these criteria, this individual is not a high-quality prospect and therefore should not be the focus of your trade show strategy. Another key step to identifying high-quality prospects is to understand the purpose of trade shows, i.e. what you are there to accomplish. The goal of individual trade shows and an annual trade show strategy The goal of individual trade shows is to identify and connect with volumes of high-quality prospects. That means that in and amongst the 1,000, 10,000 or 30,000 people in attendance at a show, you are aiming to find the 10 to 300 that are actually prospects today, separate them out, and enroll them in a lead nurturing process. An annual trade show strategy plan helps to manage your prospect pipeline. Its purpose is to avoid ebbs and flows that will overwhelm your sales team, resulting in poor quality follow-up and hundreds of missed opportunities. When executed with precision, an annual trade show strategy plan delivers a steady stream of high-quality prospects, allowing for manageable, un-yielded growth. The key to identifying high-quality prospects Understanding the purpose and focus of each trade show opportunity is the first step to carrying out a successful strategy that will deliver high-quality prospects. The next steps include determining a buyer persona, booth strategy, and mechanisms to ensure effective follow-up. For more perspective on formulating a trade show strategy plan from start to finish, including show selection, hypothesis testing, and measuring for results, check out our Special Report: How to Maximize ROI with a Trade Show Strategy Plan. For access to all of MEET’s webinars and Special Reports, check out our Resources Page. About MEET (meetroi.com) helps international B2B growth companies soft land and scale in the U.S. through trade shows and in-person events. MEET’s processes help its clients ramp-up sales quickly and maintain a steady stream of high-quality prospects going forward.  Contact Bill Kenney for a free, no-obligation consultation bill@meetroi.com or +1 (860) 573-4821.

Exhibitor Tips

Your Trade Show Strategy Plan Should Focus on Four People

The goal of your trade show strategy plan is to produce more sales. But that doesn’t mean that your focus should only be on prospects. A well-executed trade show strategy plan that delivers ROI, targets four types of people (or four stakeholder groups) in attendance at any trade show: prospects, customers, partners, and centers of influence. Efforts to reach these four stakeholders take place in and outside the booth and leverage the skills of your entire team, including sales, marketing, and transaction professionals. (Curious about the role of transaction professionals in driving booth sales? Check out this post) Where and how to engage with your 4 stakeholder groups Inside the Booth The purpose of your exhibit booth is to identify volumes of quality prospects. A well-crafted booth offer (i.e. the right bait) will attract qualified prospects to your transaction professionals. Parallel efforts outside the booth helps to drive traffic in that direction. Outside the Booth At MEET, we make it a point in our trade show consultation strategies to place salespeople outside the booth.  We firmly believe that the best role for salespeople at a trade show is in pre-set 1-on-1 meetings with prospects who are already in the sales funnel, customers, partners, and centers of influence. When devising a trade show strategy plan, don’t be afraid to allocate half your sales team’s day to 1-on-1 meetings to deepen relationships with key people. Whether it’s signing an agreement or walking through a proposal, 1-on-1 meetings move the ball downfield and drive steady sales growth. Maximize the role of salespeople in your trade show strategy plan When attending a trade show, your sales team should have 3 goals: Close business with existing prospects (or at least move to the next sales-stage) Re-connect with and further penetrate current customer relationships Observe competitors, partners, existing customers and centers of influence to ensure they are up-to-date on the industry Beyond pre-set 1-on-1 meetings, you want your salespeople engaged in other strategies to effectively connect with your four stakeholders groups outside the booth. One way to do this is to make sure they have time to walk through the entire show. Every trade show strategy plan should include a strategic pre-mapped selection of relevant booths, and a staffing strategy that ensures each will be visited by a member of your team, maybe even different members at different times to get multiple views. Attending the show’s content is another key activity. When salespeople attend content that customers and prospects are interested in, they learn their language, hear how they communicate and are able to stay current on latest developments that matter to them. Similar to your strategy for walking the trade show floor, content should be pre-selected based on the level of attractiveness to your four stakeholder groups. As for building a schedule, prioritize 1-on-1 meetings in your sales team’s schedule first, varying who will go to each event, then add walking the floor, and content sessions. Three outside-the-booth touch points, one goal: to deepen relationships with your four stakeholder groups. Driving sustained growth Utilizing trade shows to produce sales is highly effective, but it’s not a single factor model. There are a variety of parallel efforts—in the booth identifying prospects and outside the booth connecting with customers, prospects, partners and centers of influence that drive sustained growth. A well-executed trade show strategy plan delivers a consistent flow of high-quality prospects. Focusing on all four of your key stakeholder groups helps to ensure that your investment in time and money is well spent. About MEET (meetroi.com) helps B2B growth companies and pavilion hosts effectively leverage at trade shows and in-person events. MEET’s processes help its clients ramp-up sales quickly and maintain a steady stream of high-quality prospects going forward. Contact Bill Kenney at MEET today for a free trade show participation assessment bill@meetroi.com or +1 (860) 573-4821.

Exhibitor Tips, Uncategorized

Maximize Booth Display ROI with an Agile Trade Show Strategy Plan

An agile trade show strategy plan approaches each event as an opportunity to test the strength of your value proposition and the effectiveness of your offer to attract qualified prospects. In our post on A/B testing, we talked about the value of rotating between offers in a single day or throughout a show as a means of hypothesis testing. An agile trade show strategy plan allows for these type of quick and easy adjustments based on new knowledge about your buyer persona. We suspect at this point you’re wondering two things: How can I remain agile while ensuring a strong brand presence? Is it more expensive to be agile when it comes to booth displays? We spoke with Joe Bottone, President of CDS Displays on the topic of brand presence and cost of investing in booth displays to help us answer these questions. Remaining agile while ensuring a strong brand presence According to Joe, modularity is an important feature in any booth display. Modular booth displays can be repurposed and redesigned over their lifetime and are less expensive to update and fix because they can easily be broken down. (For more on the 5 types of booth display designs, here’s Joe take) The ability to redesign a booth display based on the scale and scope of each event should in no way impact brand presence. Thanks to the evolution of new materials like fabric and aluminum, it is now easier to effectively brand a portable, modular display. “Aluminum is strong, light-weight and lends itself to modularity. You can reuse and reconfigure it, put fabric around it, light it, even mount a tv and add shelving. It’s a material we highly recommend for exhibits,” says Joe. How often should an exhibitor change his or her display? Irrespective of the small adjustments one makes inside the booth depending on the show’s target audience, we asked Joe from a brand presence perspective, how often he recommends investing in a new display. According to Joe, when it comes to changing your booth display, there are two schools of thought. Recognizable: Maintaining the same booth display year after year keeps your brand easily recognizable. Especially for prospects that expressed interest in the past but never entered your sales funnel, maintaining the look and feel of the booth is a useful way to trigger their memory. Unoriginal: Maintaining the same booth display could send the message to trade show participants, particularly those who attend the same show year after year, that your brand is outdated and unoriginal—i.e. a  “not that booth again” feeling. Joe recommends changing your booth display after the second year if you are participating in the same events year after year. He feels that “anyone who is trying to use the same exhibit for the third year in a row is doing a disservice to themselves.” Is an agile trade show strategy plan more expensive when it comes to booth display? The simple answer is no. In fact, not only are portable or modular displays less expensive, the ability to rapid test your hypotheses in a flexible display can significantly increase your trade show ROI. Joe recalled his own experience using a portable display with two messages printed on either side. “On day one we were fishing for some very specific people and we just weren’t getting the response that we would have liked to get from that message. So we flipped the display on day two with a completely different message and got a great response with qualified prospects.” A MEET, we consistently emphasize the importance of a well-tested offer, particularly for companies entering foreign markets. An agile trade show strategy plan focuses on the power of testing to drive higher transaction rates. How you invest in your brand presence and booth display should support, not undermine, your efforts to remain agile. Feel free to check out our full interview with Joe Bottone, President of CDS Displays on the topic: Making a Kick-Ass Exhibit: Everything You Need to Know About Developing an Effective Booth. About MEET (meetroi.com) helps B2B growth companies and pavilion hosts effectively leverage at trade shows and in-person events. MEET’s processes help its clients ramp-up sales quickly and maintain a steady stream of high-quality prospects going forward. Contact Bill Kenney at MEET today for a free trade show participation assessment bill@meetroi.com or +1 (860) 573-4821.

Exhibitor Tips, Uncategorized

Trade Show Strategy Plan 101: Set Up Your Sales Team Up for Success

With 50+ years of trade show and in-person event experience, we know salespeople play a critical role in your trade show strategy plan. Heck, we are salespeople! That is to say, we have a deep understanding of the skills necessary to move prospects through a sales and marketing funnel and nurture them to the point of conversion. That’s why we get concerned when capable salespeople are incorrectly utilized. In other words, given too many tasks that they can, though should not perform at a trade show or in-person event. MEET helps B2B growth companies effectively leverage trade shows and other events. In supporting clients with their trade show strategy plan, we focus on making booths more productive—a key predictor of ROI. Why? Because with nearly 100% of B2B marketing aimed at getting face-to-face with the target prospect, trade shows deliver the most efficient way to this objective. Today, trade shows are more relevant than ever, making how we execute our presence at them worth every minute of our attention. Setting up your sales team for success means placing them in roles that are best suited to their skill set and core responsibilities. So where do they belong at a trade show? The answer is not in your booth. 5 reasons why salespeople should never be in your booth Reason #1: Salespeople tend to have long conversations When you put someone who knows a lot about a product or service in front of a potential customer, they tend to flex that knowledge—resulting in (on average) a 15 minute-long conversation. At 15 minutes each, that’s a maximum of 32 conversations per day. Your trade show strategy plan should set that goal at several hundred conversations per day per booth staff, i.e. this ain’t going to cut it. (For more information on how a trade show consultation strategy can help to increase your transaction rate, check out this post.) Reason #2: Salespeople are focused on selling Seems like an obvious statement we know, but it’s an important reminder that salespeople sell because that’s how they are trained and how they’re used to being compensated. The booth, however, is not designed to generate sales; it’s designed for prospect identification. Converting prospects into customers is the job for salespeople after the work in the booth has been performed. Placing salespeople in the booth to identify prospects gives them a task that simply does not fit their DNA. Reasons #3, #4, and #5: There are much better roles for your salespeople at an event Meetings: One-on-one meetings are the most valuable way for salespeople to connect with customers, prospects, partners, and centers of influence identified as key stakeholders in your trade show strategy plan. Meetings can help move these relationships to the next level of your sales funnel. This is each salesperson’s highest leverage activity. Walk the show: send your salespeople out on the floor to identify and reconnect with these same individuals. This gives them the time to engage in longer, more meaningful conversations, gain a better sense of the competition, and improve their industry knowledge. Participate in content: You want your salespeople to be in every workshop that their prospects are in. You want them to learn the content and the language that resonates with their prospects. These spaces also provide additional opportunities for connection. (Check out advice from our own Trade Show Ninja Kelly Kenney on how to leverage workshops to connect with prospects.) There are a lot of fundamentals to putting together a highly effective trade show strategy plan. Setting your sales team up for success is not only important to your ROI, but it will also keep your best and brightest on board and ready for action. About MEET (meetroi.com) helps B2B growth companies and pavilion hosts effectively leverage at trade shows and in-person events. MEET’s processes help its clients ramp-up sales quickly and maintain a steady stream of high-quality prospects going forward. Contact Bill Kenney at MEET today for a free trade show participation assessment bill@meetroi.com or +1 (860) 573-4821.

Exhibitor Tips, Uncategorized

3 Steps to Preparing an Effective Trade Show Display: A Conversation with Joe Bottone Part 2

We’re thrilled to share Part 2 of our discussion with Joe Bottone, President of CDS Displays on the topic: Making a Kick-Ass Exhibit: Everything You Need to Know About Developing an Effective Booth. Our conversation with Joe was live-streamed on November 20th as part of a series we’re offering at MEET: Coffee and Conversation. Join us periodically as we chat live with experts and veterans in trade show, event, and complementary industries to hear their wisdom on common challenges and simple solutions for success. You can check out Part 1 of our recap, or feel free to catch the full interview with a fresh cup of coffee. The Purpose of the Trade Show Display The first step to designing an effective trade show strategy plan is understanding the purpose of the booth. For Joe, the purpose of the booth exhibit is to introduce your brand to new potential customers and to host and welcome existing customers. How you attract those new potential customers is with the right messaging and the right offer. Ideally, those who are not your targets, somewhere around 99-95% of those attending the trade show, will walk right by your booth. Sometimes attracting your target customers requires direct messaging. According to Joe, “if you’re at a show and your target audience is facility managers, you want your messaging to be as direct as saying – Hey! Facility Managers!” When Joe does booth trainings prior to a show, he requires that staff not only know their target audience, but have a question on hand that will immediately qualify them. “You don’t need to try and ask them a bunch of questions and get to know them if they’re not your target audience. It’s like door-to-door encyclopedia salesmen. The first question they’re trained to ask is “do you live here.” Because if you don’t, you’re not the right person to talk to.” Transitioning to how Joe custom designs his trade show displays, we asked him to describe the process he goes through to understand his customers’ needs. Step 1: Understand Pain Points Joe starts by finding out if his potential customer is an experienced buyer, meaning they have a current supplier, or if this the first time they are purchasing display services. For those who are experienced, he wants to know their pain points—why are they talking to someone new. For first-time buyers, he focuses on budget, timing, and what led to their decision to invest in these services. “You don’t want to overwhelm their budget or underwhelm their case. We can work with any budget. The question is what are they looking to achieve.” Step 2: Select the Right Show Joe digs right into show selection as a fundamental starting place for his trade show consultation strategy. “Because we have so many years in this industry, we really like to help customers avoid pitfalls early on. For example, we don’t want to see them investing time and money in a show that isn’t a fit for them.” “We try to get to know their business and customer scope and make sure that they’re selecting shows that reflect the market they’re aiming to serve. From there, we aim to understand their larger expectations. Whether it’s brand exposure, new leads, or product introduction—we want to understand their goals.” See our post on 5 Common Challenges to Identifying Your Best Trade Show Selection Process for more on how to avoid common pitfalls. Step 3: Custom Design the Trade Show Display Now it’s time to decide how to design the booth. We asked Joe what types of questions has asks to determine a booth’s concept. Size and height regulations are obvious places to start. Joe also wants to know how the exhibitor plans to use the space including product displays, meeting rooms, and storage. Finally, how many people will be working in the booth. To some extent, the final trade show display will be a reflection of whether the exhibitor is selling B2C, B2B or B2G – Business to Government, and whether the exhibitor is selling products or services. “It all depends on what the customer wants to bring. Whether it’s airplanes (really!), large machinery or just a few screens displaying their product or service, that will determine the design concept of the booth.” For more on how to design an effective trade show display, check out Part 1 of our interview with Joe Bottone. About MEET (meetroi.com) helps B2B growth companies and pavilion hosts effectively leverage at trade shows and in-person events. MEET’s processes help its clients ramp-up sales quickly and maintain a steady stream of high-quality prospects going forward. Contact Bill Kenney at MEET today for a free trade show participation assessment bill@meetroi.com or +1 (860) 573-4821.

Exhibitor Tips, Uncategorized

4 Common Challenges to Effective Trade Show Displays: A Conversation with Joe Bottone of CDS Part 1

In late July, our team at MEET launched an exciting series: Coffee and Conversation, periodic live-stream interviews with experts and veterans in the trade show, event, and staffing industries. Our goal with these conversations is to share the wisdom that comes from work on the ground and to identify common challenges and simple solutions. On November 20th we spoke with Joe Bottone, President of CDS Displays on the topic: Making a Kick-Ass Exhibit: Everything You Need to Know About Developing an Effective Booth. Before a single conversation ever takes place, trade show displays are the first form of communication with a potential customer. This makes their effectiveness a critical determinant of ROI. We started our conversation with Joe by asking about his path to leading and growing CDS. Joe started his career with CDS as a graphic designer, then moved around the company and eventually bought it ten years ago. With services that include design and fabrication for new displays and complete event management services, CDS services top brands like Pepsi, P&G, and Subway. As an expert in the field of trade show displays and exhibits, we asked Joe to reflect on the greatest challenges he sees from a display perspective. Challenge #1: Poor Visual Branding The first challenge Joe identified is when exhibitors fail to properly brand their booth. “You know it’s a problem when you stand right in front of the booth and you’re not sure what the company name is.” Exhibitors tend to overcrowd their branding with product lines, sub-brand names, and licensed logos. As Joe says, “you shouldn’t have to ask, you should be able to see it down the aisle.” Challenge #2: Vague Communications Slightly different from challenge #1, Joe identified when exhibitors fail to provide a clear description of their product or service in their trade show displays. “Companies have a tendency to feature esoteric statements like “Delivering the highest quality on time” or “Serving the industry since 1902” and you’re just left thinking: Delivering what? Which industry?” With a small exception to shows that are narrowly focused, exhibitors need to make sure they are defining their industry and their product or service in their display messaging. Challenge #3: Poorly Trained Staff Joe identified poorly trained booth staff as the next key challenge, specifically when booth staff fail to leverage the positive response their booth display is receiving to engage in more conversations. “It’s very common to have more people waiting to speak with someone in the booth than booth staff who are able to serve them. I find it really frustrating when I’m standing in front of a booth that I want to engage with and all the staff members are engaged in other conversations and fail to recognize that I’m standing there.” Pro tip! If Joe is engaged with a prospect and sees someone waiting in the booth, he’ll introduce the person who is waiting to the person he is speaking with and incorporate them into the conversation. Servicing two people at once may help audience members build connections and lead to richer conversation. Challenge #4: Over-crowded Display We asked Joe about his thoughts on overcrowding in trade show displays—i.e. too many messages and too many booth giveaway distractions—and his feelings on the old billboard adage that no more than 7 words are needed to effectively reach your customer. Here’s what he had to say: “A lot is predicated on the size of the booth. If you have a suite of products that are speaking to different personas/audience members, you want to separate your messaging. Color coding is a good technique to separate them out.” In summarizing the greatest challenges to effective trade show displays, Joe says: “The graphics on your display should not do all your selling. You don’t want someone to look at your display, read it and decide that they already know everything about it.  What they should do is pique some interest.” Stay tuned for Part 2 of our interview with Joe Bottone, President at CDS Displays, to learn more about developing an effective trade show display. About MEET (meetroi.com) helps B2B growth companies and pavilion hosts effectively leverage at trade shows and in-person events. MEET’s trade show consultation strategies help its clients ramp-up sales quickly and maintain a steady stream of high-quality prospects going forward. Contact Bill Kenney at MEET today for a free trade show participation assessment bill@meetroi.com or +1 (860) 573-4821.

Exhibitor Tips, Uncategorized

A Trade Show Strategy Plan for Outside the Booth

When devising a trade show strategy plan, there’s good reason to focus on your booth. After all, it’s your marketing home base, and your best opportunity to attract prospects with an offer that speaks directly to their needs and desires. But sometimes it’s important to venture off the island and explore everything else the trade show event has to offer. A well-designed trade show strategy plan leverages every available opportunity to connect with prospects in and outside the booth. For the best advice on how to take advantage of every ounce of a trade show event—including those trips to the restroom—we consulted with our very own Strategic Partnership and Trade Show Ninja, Kelly Kenney. When devising a trade show strategy plan for meeting prospects outside the booth, Kelly does her pre-event homework by reviewing all the content tracks that are being offered and identifying specific workshops she believes will attract her target prospect. “I look at them as much for the content as who is going to be in the audience. In my mind, it’s who’s going to be in the audience that’s much more important and it’s the content that drives who will attend.” Kelly does an evaluation and determines which workshops she believes her prospects will attend, where her competitors might be, and which of her partners are presenting. All this goes into her trade show strategy plan for the event. “If it’s a really good topic, I keep two or three questions in my pocket. Not because I’m dying to know the answer but because I’m dying to stand up and ask a great question that will a) get me seen b) get me the content I’m looking for, and c) be useful for a conversation later on.” Wherever she is at a workshop or content event, Kelly’s eyes are always on the crowd. She scans the room and makes special note of who is in attendance. In her experience, there’s huge value in being able to connect with someone later on by saying: “Hey, what did you think of that session?” The ability to connect over a shared experience has the power to immediately move a conversation away from icebreaker topics and right into building a meaningful connection. Kelly doesn’t limit herself to the audience; she looks at speakers, panelists, and moderators as well. For those of particular interest, she sends them a LinkedIn message before the show letting them know she’s interested in their topic, plans on attending their event, and requests a meeting to follow. Kelly also doesn’t limit her prospect search to workshops and she’s not afraid to admit that the restroom is sometimes the best place to have a really good conversation. “Because most events are male-dominated, it’s a chance for women to relax. You’d be amazed by the great conversations you can have in the restroom.” Outside of the restroom, Kelly looks to connect with anyone, anywhere whose wearing a badge. She calls it the lottery system of networking because these are not necessarily people she’s targeted as potential prospects. Rather, these conversations may ultimately be helpful in the future. “You don’t know who they know or what you’ll glean from these conversations but it’s always interesting to learn about their industry experience. It’s the random gifts that you receive from being alert and engaged at a show.” Click here for more advice from Kelly on the value of keeping open and staying focused on the trade show floor. We interviewed Kelly on October 23rd as part of a series we’re offering at MEET: Coffee and Conversation. Inform your trade show strategy plan with more expert advice from Kelly Kenney, Strategy Partnership and Trade Show Ninja by tuning into our full interview here. About MEET (meetroi.com) helps B2B growth companies and pavilion hosts effectively leverage at trade shows and in-person events. MEET’s processes help its clients ramp-up sales quickly and maintain a steady stream of high-quality prospects going forward. Contact Bill Kenney at MEET today for a free trade show participation assessment bill@meetroi.com or +1 (860) 573-4821.

Exhibitor Tips, Uncategorized

Differentiate your Trade Show Strategy Plan through Follow-up

When devising a trade show strategy plan, your primary goal is to maximize ROI. This requires carefully crafting buyer personas, value propositions, and booth offers that, based on extensive research and testing, deliver a consistent flow of high-quality prospects into your sales pipeline. But let’s assume that you’re not the only exhibitor out there who has done her homework. What differentiates one trade show strategy plan from the next? The answer is to follow-up effectively. Good follow-up starts with the right staffing If you’ve tuned into our webinar: 5 Reasons Why Your Salespeople Should Never Be in Your Booth and What to Do About It!, you’ve heard our argument for why salespeople do not belong in your exhibition booth. Fundamentally, we believe there is a higher, better use of their time at in-person events. We find that salespeople are often the biggest anti-sponsors of trade shows because, in most scenarios, they are forced to engage all day and sometimes all week with people who are not prospects. Not to mention they’re performing a job that is better suited for transaction professionals who have a compelling offer for the target buyer persona. Upon returning to the office with a stack of business cards, salespeople quickly realize they’ve wasted their time. These individuals are simply not interested in what they have to sell. Similar to panning for gold, the goal of the booth is to separate your prospects from the other attendees. An effective trade show consultation strategy puts the right staff in place to quickly and effectively reap as much value as possible from each event. Don’t bite off more than you can chew We often say that the prospects you get from a trade show spoil like fruit. Even the most perfect apple will turn mealy if not consumed in time. Many sales teams arrive back to the office after a trade show with hundreds if not thousands of business cards. Irrespective of the fact that the majority of these contacts may not be prospects, most of the time, it is only possible to effectively follow up with the first few hundred. Putting the work into your trade show strategy plan to bring home only the number of leads you can feasibly follow up within the first few days after an event will not only make your salespeople happier, it will deliver better results. Differentiate yourself through effective, persistent follow-up An effective follow-up strategy will differentiate your trade show strategy plan. That’s because 80% of sales require 5 follow-up calls after the meeting. 44% of sales reps give up after 1 follow-up. Not necessarily because they’re lazy, but because they’re too bogged down with stacks of business cards to know who is actually qualified. Additionally, research shows that 2% of sales are made on the first contact and approximately 80% are made on the 5th – 12th contact.  In essence, following up at all, and ideally following up more than once, will differentiate your trade show strategy plan from the crowd and deliver better ROI time and time again. Starting with a trade show consultation strategy that helps you define success based on your capacity for follow-up may be the first step. MEET can help. ABOUT MEET (meetroi.com) helps B2B growth companies and pavilion hosts effectively leverage at trade shows and in-person events. MEET’s processes help its clients ramp-up sales quickly and maintain a steady stream of high-quality prospects going forward. Contact Bill Kenney at MEET today for a free trade show participation assessment bill@meetroi.com or +1 (860) 573-4821

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