...
Get In Touch
Get In Touch

Participant Tips

Exhibitor Tips, Participant Tips

U.S. Expansion with Bob Fucci, GrowthXceleration

/

Bill Kenney: Hi, and welcome to the next episode of Belly2Belly. We’re here today with a great friend, Bob Fuchi from Growth Acceleration. Welcome, Bob. Bob: Bill, thanks for having me. Good morning. Bill Kenney: Great to see you! So today, we’re diving into U.S. expansion—specifically, helping companies drive revenue and acquire customers. Before we jump into that, would you mind giving us a quick overview of what Growth Acceleration does for some context? Background of Growth Acceleration Bob: Absolutely. We’re a sales and business development company, first and foremost. I started Growth Acceleration in 2014 to address a need I noticed: companies with compelling, tech-driven solutions—often overseas—wanted to expand and grow effectively in the U.S. So, if you’re in Finland, Sweden, Denmark, or the UK, for instance, and you’ve established a solid customer base, the next logical step may be U.S. expansion. The question is, how do you invest in a way that delivers real results? Our goal is to represent our clients’ solutions and brands effectively, helping them create real, funded demand, which I can elaborate on. Focus on Enterprise Sales Bill Kenney: So, it sounds like your focus is primarily on enterprise sales? Bob: Yes, though this year we did take on our first B2B-to-consumer client, a company from Canada. But traditionally, our expertise is B2B. Challenges in U.S. Market Expansion Bill Kenney: Fantastic. So, let’s jump into our topic. You’ve been doing this a while, not just as a consultant but also hands-on within companies. When European companies come to the U.S., where do they typically struggle with revenue generation? Bob: Good question. They usually struggle with the top of the funnel. They see a huge opportunity but fail to convert it into revenue. Many rely on demo-based selling, but people in the sales process tend to be polite, giving encouraging feedback without actual commitment. That’s why we focus on driving “funded demand.” It’s about getting beyond polite interest to real buying intent. Improving Prospect Quality Bill Kenney: That makes sense. And thinking about hiring, the quality of candidates ties back to the quality of prospects in your funnel, right? Can you talk us through how you improve prospect quality? Bob: Definitely. One approach we emphasize is the “challenger model,” where we exchange value with prospects to build an equal relationship. But it’s hard to do that remotely without building trust or a face-to-face relationship. So, we start by showing that we’ve solved similar problems for other clients. This is key because, whether it’s an analytics issue in Finland or New York, those challenges are often similar. The question is whether they’ll give us the time to show them the value we can bring. The Importance of Being Candid Bill Kenney: Right. That initial buy-in is crucial. It sounds like being clear-eyed and candid is also essential to help clients see the true level of interest from customers, not just assumed interest. Bob: Exactly. For example, we work with a client in the fleet and transportation space, which is a low-margin business. They’re not going to invest in backend systems but are very interested in solutions that improve asset optimization. We’re always honest about where the win is—for both them and us. Structured Sales Processes Bill Kenney: That’s a great insight. So, it seems like you add quite a bit of structure to the sales process, even down to the first and second meetings, discovery, needs assessment, and proposal. Bob: Yes, we do. Many companies—especially international ones—lean heavily into product-driven pitches, essentially listing features before understanding the customer’s needs. It’s like a doctor diagnosing pneumonia without running tests. We do “day-in-the-life” demos, showing how the solution will benefit the client daily. Discovery takes time, but it’s worth it to make the demo more effective. Traits of Successful Founders in U.S. Expansion Bill Kenney: It’s clear that discovery is vital to your approach. So, reflecting on founders you’ve worked with, what common traits do successful ones have that set them apart? Bob: Successful founders are fantastic listeners. They don’t rush to pitch their product; they listen carefully, then respond by explaining how the product addresses the challenges raised. They even point out challenges the client may not have thought of. This sounds simple, but they’re also genuinely good people—committed to helping clients succeed. They’re creative in offering flexible options and not afraid to admit they’re still learning about the U.S. market, which builds trust and even affection. Balancing Confidence with Empathy Bill Kenney: That humility, balanced with the confidence needed to cross an ocean, really seems like a powerful combination. Bob: Absolutely. Balancing confidence with empathy creates the best foundation for meaningful, sustainable relationships. Conclusion Bill Kenney: This has been amazing, Bob. Thank you so much for your time and insights today. We’ll have to do this again soon. Bob: Thanks for having me, Bill. I’d be happy to come back. Bill Kenney: Perfect. We’ll put your contact info in the description. Thanks again, Bob! You’ll also enjoy reading, 12 Essentials You Need to Know for US Expansion. — About MEET MEET helps international B2B & B2G companies scale in the U.S. through trade shows, events, and strategic connections. Contact Bill Kenney to discuss your U.S. expansion goals bill@meetroi.com or +1 (860) 573-4821.

Exhibitor Tips, Participant Tips

Business Cards Revisited: 5 Reasons You Need to Start Carrying Business Cards Today!

/

The good news? We’re seeing a return to business cards at trade shows and events. In 2024, approximately 70% of professionals are using them—up from only 20% the year after COVID-19. If you’re part of the remaining 30% still holding out, what’s stopping you? Not having a card in hand may be limiting your event outcomes. It’s time to change course! Consider this recent experience: At a trade show, I met several professionals who opted for QR codes instead of traditional business cards. Each code is linked to a different platform—LinkedIn, a website, an email, WhatsApp, or a trade show app profile. While these digital solutions saved paper, they also created confusion. The variety of platforms made it challenging to keep track of contacts, as none of them allowed for easy note-taking, event association, or prioritization. By scattering their contact details across multiple channels, these professionals inadvertently reduced their chances of reconnecting. With no universal platform for seamless contact sharing at events, business cards remain the most reliable way to make lasting connections. Make it easy for the people you meet to follow-up with you. Top 5 Reasons to Carry and Share Business Cards Reduce friction in your networking by having a business card ready to hand out. Every time someone accepts it, you’re reinforcing your brand. Take advantage of these moments—give out two cards, or even ten! The more accessible you are, the stronger and more impactful your connections will be. Additional Resources If you liked this article you might try, Who Wants a 50% Solution? About MEET helps international B2B & B2G companies gain traction and scale in the U.S. through trade shows, events, and strategic connections. Contact Bill Kenney for a no-obligation conversation:  bill@meetroi.com or +1 (860) 573-4821.

Exhibitor Tips, Participant Tips

Improving B2B Prospect Quality at the Top of the Funnel

/

In B2B marketing, lead volume is important, but quality matters more than quantity. Better prospects early in the funnel translate to more successful sales down the line, so enhancing the quality of these leads can significantly impact the overall success of the sales process. Here’s how to improve B2B prospect quality at the top of the funnel by refining your approach to prospect profiling, messaging, valid business reasons (VBRs), and iterative improvement. 1. Develop a Specific Prospect Profile and Buyer Persona The cornerstone of any B2B lead generation strategy is a well-defined prospect profile and buyer persona. While a prospect profile is generally focused on firmographics—characteristics like industry, company size, and location—a buyer persona dives into the demographics, pain points, and motivations of the individuals within these companies. Steps to Create a Prospect Profile and Buyer Persona: Having a clear and accurate picture of your ideal prospects ensures that your lead generation efforts attract quality prospects aligned with your solution, improving conversion rates from the outset. 2. Develop Messaging that Speaks to Your Target’s Pain Points Once you understand your audience, it’s time to develop targeted messaging that addresses their specific challenges. Good messaging is empathetic, speaks to the core issues that your target faces, and demonstrates how your solution resolves them. Rather than talking only about your product’s features, focus on the outcomes it can deliver. Creating Targeted Messaging: Effective messaging not only resonates more with your audience but also attracts higher-quality prospects who are genuinely interested in solving their specific problems. 3. Create a Valid Business Reason (VBR) for the Prospect to Take Action A Valid Business Reason (VBR) is an impactful way to communicate why a prospect should engage with your company. A VBR should go beyond basic value propositions and connect directly with a prospect’s business needs or immediate challenges, making it clear why they should act now rather than later. Developing an Effective VBR: A strong VBR can substantially increase the chances that your messaging will resonate and that the prospect will respond, leading to higher-quality engagements. 4. Measure and Iterate to Optimize Results Even with a well-developed approach, improving prospect quality requires ongoing optimization. By measuring the effectiveness of each stage in the top-of-the-funnel process, you can make data-driven adjustments to maximize success. Steps to Measure and Improve: By treating the top of the funnel as an evolving process, you can continuously improve the quality of your prospects. As a result, the sales team spends more time with leads who have a genuine interest in your solutions and are more likely to convert. B2B Prospect Quality Improving B2B prospect quality at the top of the funnel requires a thoughtful, targeted approach. By developing a specific prospect profile and buyer persona, crafting messaging that resonates, presenting a compelling VBR, and measuring and refining your strategies, you can build a robust lead generation process that attracts high-quality leads. With time, these optimizations can help drive higher conversion rates, greater efficiency, and ultimately more profitable business outcomes. Additional Resources For more on this topic, we suggest reading Prospects Have Their Own Language. About MEET helps international B2B & B2G companies gain traction and scale in the U.S. through trade shows, events, and strategic connections. Contact Bill Kenney for a no-obligation conversation:  bill@meetroi.com or +1 (860) 573-4821.

Exhibitor Tips, Market-Entry, Participant Tips

Going Global London 2024

/

Going Global Live is back for 2024, returning to the ExCeL in London on the 13th & 14th of November! This year Going Global Live will be providing businesses with everything they need to growinternationally and trade overseas. From globally recognized brands to world-class seminars hosted by leading professionals, this event will be the one-stop shop for all brands moving into the global arena. Running alongside Going Global this year we have The Business Show and Retrain Expooffering everything you or your business needs to successfully adapt to the ever-changingindustry advances. The Business Show focuses on helping small businesses grow and developby revealing the secrets of business adaptation, innovation, and survival in the business world.Retrain Expo helps you re-skill and retrain for the future by investing in professionaldevelopment. With industry-leading exhibitors, inspiring seminars from business experts, and unmissablemasterclasses, Going Global will provide unparalleled education and information on tradeagreements, international strategy, and cultural and economic differences and it will connect youwith an abundance of business owners, under one roof, who are looking to invest abroad.So what are you waiting for? To register for your FREE ticket, simply click HERE. Additional Planning Resources For more on this topic, we suggest reading Key Elements of an Effective Trade Show Booth. About MEET helps international B2B & B2G companies gain traction and scale in the U.S. through trade shows, events, and strategic connections. Contact Bill Kenney for a no-obligation conversation:  bill@meetroi.com or +1 (860) 573-4821.

Exhibitor Tips, Participant Tips

Prospects Have Their Own Language: How to Connect with Your Audience

/

In the world of prospect attraction, one golden rule reigns supreme: know your target customer. But knowing your target customer isn’t just about understanding their needs and desires—it’s about speaking their language. B2B prospects, come from diverse backgrounds, industries, stages of growth, and experiences. Each prospect communicates in a way that reflects their values, pain points, and aspirations. To connect effectively, sales professionals must develop the ability to not only understand this “language” but also respond in kind. Have you ever been to a restaurant in a foreign country where you don’t speak the language? If you’re like me when you’re ordering food ask for what you want in a language you know. Then when the person trying to help you doesn’t understand you say it again but this time louder. Unfortunately, this is what most marketing is like today. When we don’t know the language of the prospect, we just speak louder. Here’s how concepts like empathy, active listening, learning, and adjusting communication are essential to speaking the prospect’s language. Empathy: The Foundation of Connection Empathy is the ability to put yourself in someone else’s shoes, to see the world through their eyes. When dealing with prospects, empathy allows you to understand their challenges, needs, frustrations, and their language. It’s not about assuming you know what they need but listening and observing carefully. Empathy helps you go beyond the surface. Rather than focusing on selling a product, you focus on understanding why your prospect needs that product. What pain points are they experiencing? What are their goals? What is their current condition costing them? By using empathy, you tap into the emotional and logical drivers that guide their decision-making process. Empathy enables you to speak your prospect’s language by aligning your solutions with their needs. It creates a connection that goes beyond transactional relationships and establishes trust—critical for closing deals. Active Listening: The Gateway to Understanding You can’t speak a prospect’s language unless you truly listen to what they’re saying. This is where active listening comes into play. Too often, sales conversations become one-sided, with the salesperson doing most of the talking. But successful communication isn’t about pushing information at prospects; it’s about creating a dialogue. Active listening involves fully focusing on what the prospect is saying, both verbally and non-verbally. It means picking up on the tone, body language, and subtle cues that give deeper insight into their concerns. By listening carefully, you can ask better follow-up questions, uncover hidden objections, and identify what the prospect really values. Moreover, active listening demonstrates respect. It shows the prospect that you’re not just waiting for your turn to speak but genuinely interested in understanding their situation. This practice makes it easier to tailor your responses and, ultimately, speak their language effectively. Learning: Continuously Sharpening Your Skills Speaking your prospect’s language is not a static skill—it requires continuous learning. Each interaction with a prospect provides an opportunity to refine your communication approach. What resonates with one individual may not work for another. That’s why staying adaptable and open to learning is essential. Learning also extends to educating yourself about the industries within which your prospects operate. Understanding industry-specific jargon, trends, and challenges shows your prospects that you are not just another salesperson but someone who understands their world. You can tailor your pitch to highlight the aspects of your product or service that matter most to their specific needs. Additionally, learning about each individual prospect’s personality and communication style is important. Some may appreciate a detailed, data-driven approach, while others prefer a casual, high-level conversation. By constantly learning and evolving, you increase your ability to speak the prospect’s language. Adjusting Communication: Flexibility Is Key No two prospects are alike, and neither should your approach to communicating with them be. Once you’ve developed a deeper understanding of the prospect’s needs, goals, and communication style, it’s time to adjust your communication accordingly. This might mean simplifying technical language for a prospect unfamiliar with certain terms or diving into more complex discussions with someone who’s well-versed in industry jargon. Sometimes it’s about finding the right balance between offering solutions and asking thoughtful questions to keep the conversation focused on the prospect. Adjusting your communication style also means paying attention to the medium of communication. Some prospects prefer email, while others might respond better to a phone call or in-person meeting. Matching their preferred communication method helps build rapport and makes them feel more comfortable in the sales process. Speaking the Prospect’s Language: The Key to Closing Deals Ultimately, speaking the prospect’s language means communicating in a way that resonates with them on both a practical and emotional level. It’s about blending empathy, active listening, learning, and flexibility to form meaningful connections. When you speak the prospect’s language, you move beyond generic sales pitches and enter the realm of personalized, value-driven conversations. You demonstrate that you understand not only their problems but also how your solution can help in a way that matters to them. This is the key to building lasting relationships and closing deals. By cultivating the ability to adjust your communication and speak each prospect’s unique language, you set yourself apart as a trusted advisor, rather than just another salesperson. In a world where personalization is increasingly expected, this skill will make all the difference in your success. Additional Planning Resources For more on this topic, we suggest reading Key Success Drivers for U.S. Sales Traction. About MEET helps international B2B & B2G companies gain traction and scale in the U.S. through trade shows, events, and strategic connections. Contact Bill Kenney for a no-obligation conversation:  bill@meetroi.com or +1 (860) 573-4821.

Exhibitor Tips, Participant Tips

Creating Your 2025 Target-Centered Trade Show Participation Plan

/

As 2025 approaches, it’s the perfect time to solidify your company’s trade show strategy for the year. Trade shows offer a unique opportunity to network, showcase your products, generate leads, and gather market insights. However, without a strategic plan tailored to your business goals and target audience, it’s easy to waste time and resources. Here’s how to develop a target-centered trade show participation plan that delivers measurable results in 2025. 1. Define Clear Objectives The first step in crafting a trade show strategy is determining what you want to achieve. Your goals should go beyond simply “attending” or “getting visibility.” Consider what outcomes will provide the most value for your business. Here are a few examples: Once you establish your objectives, you can tailor your trade show efforts toward achieving those specific results, making every decision about participation more focused. 2. Research and Select the Right Trade Shows Not all trade shows are created equal. Some cater to a broad audience, while others are highly specialized. Start by researching events that align with your industry, target audience, and business goals. When considering potential trade shows, evaluate: A mix of large industry events and smaller, niche-focused shows often provides the best coverage, allowing you to engage with both broad and specialized audiences. 3. Create a Budget and Resource Plan Trade show participation can be costly, so careful budgeting is critical. Factors to consider include: You also need to plan for resources. How many staff members are required to manage the booth, conduct follow-ups, and engage with prospects? Ensure your team is well-trained to maximize every interaction. 4. Develop a Pre-Show Marketing Strategy Don’t wait for the trade show to start making an impact—begin marketing your participation early. A comprehensive pre-show marketing strategy will help drive traffic to your booth and build anticipation. Here’s how you can get started: 5. Maximize Your Onsite Engagement Once the event begins, your team’s execution on the ground is vital to success. Focus on driving engagement at the booth with strategies such as: 6. Post-Show Follow-Up and Analysis The work doesn’t stop when the show ends. Follow-up is where trade show efforts pay off, converting leads into business. Within 48 hours of the event: Summary Crafting a successful 2025 trade show plan requires a focused approach. By setting clear objectives, selecting the right events, budgeting effectively, and creating a strong pre-show and follow-up strategy, you can maximize the impact of your trade show participation. The key is to remain targeted in your efforts—every decision should align with your overall business goals. Additional Planning Resources For more on this topic, we suggest reading Key Success Drivers for U.S. Sales Traction. About MEET helps international B2B & B2G companies gain traction and scale in the U.S. through trade shows, events, and strategic connections. Contact Bill Kenney for a no-obligation conversation:  bill@meetroi.com or +1 (860) 573-4821.

Market-Entry, Participant Tips

Founder-Driven Sales: The Foundation of Market Entry

/

One of the biggest mistakes that companies make when entering the U.S. is hiring a local salesperson to initiate the first sales. There are numerous reasons why this approach often fails: A Short Path to Failure Difference Between Selling and Discovering a Repeatable Process: There is a significant difference between making a sale, finding the first customer, and discovering a repeatable sales process. Starting your U.S. sales effort by hiring a local sales rep is akin to hiring someone to drive your car but asking them to build the car and the road first. The Magic of Founder-Driven Sales Founder-driven sales bypasses these challenges and ensures a higher likelihood of success in the initial phase of U.S. expansion. The founder has all the history and can relate the company story in a way that no new hire ever could. Founders also have the necessary gravitas back at the home office to break through the inevitable issues that come with supporting a new U.S. office. The founder’s time in the U.S. might start at two weeks per quarter and incrementally grow as demand and opportunity increase. This phase of founder-driven sales continues until a repeatable sales process is established, tested by hiring one salesperson who can make sales on their own. Typically, this initial phase lasts between 12 and 24 months. US Market-Entry Sales Stages A simple way to look at the best path to scaling sales in the US is that you will go from Founder-driven sales also emphasize the importance of personal relationships and trust-building in the early stages of market entry. The founder, as the face of the company, can directly address customer concerns, negotiate deals, and foster long-term partnerships. This hands-on approach not only helps in making the first few critical sales but also lays a strong foundation for future growth. How to Get US Sales Traction Resources For more on this topic, we suggest reading The 3 Truths of Gaining U.S. Sales Traction About MEET helps international B2B & B2G companies gain traction and scale in the U.S. through trade shows, events, and strategic connections. Contact Bill Kenney for a no-obligation conversation:  bill@meetroi.com or +1 (860) 573-4821.

Exhibitor Tips, Market-Entry, Participant Tips, Pavilions, Return on Investment, Workshops and Webinars

How to Assess Trade Show Performance

/

Participating in trade shows can be a significant investment for businesses, both in terms of time and money. To ensure this investment yields the desired results, it is crucial to assess trade show performance accurately. By evaluating various performance metrics and employing strategic analysis, businesses can determine the effectiveness of their participation and make informed decisions for future events. 1. Set Clear Objectives Before you can assess trade show performance, it’s essential to have clear, measurable objectives. These goals might include lead generation, brand awareness, sales, networking opportunities, or market research. By defining specific targets, you create a benchmark against which you can measure your performance. For instance, if your goal is to generate 100 qualified leads, you can assess how close you came to achieving this number. 2. Track Lead Generation One of the most straightforward ways to assess trade show performance is by tracking the number and quality of leads generated. Collect contact information from attendees who visit your booth and categorize them based on their level of interest and potential value to your business. Use a customer relationship management (CRM) system to track these leads and follow up after the event. The conversion rate of these leads into customers is a critical metric in evaluating the trade show’s success. 3. Measure Brand Awareness Increasing brand awareness is often a primary goal for trade show participation. To assess trade show performance in this area, look at metrics such as booth traffic, social media engagement, and website visits during and after the event. Conducting surveys with booth visitors can also provide valuable insights into how well your brand message resonated and how memorable your presence was. Additionally, track any mentions of your brand in media coverage or industry publications following the trade show. 4. Evaluate Sales and Assess Trade Show Performance Assessing the direct sales generated from a trade show is another vital aspect of performance evaluation. Calculate the return on investment (ROI) by comparing the total revenue generated from the event to the costs incurred. These costs include booth rental, travel, accommodations, promotional materials, and staff time. A positive ROI indicates a successful trade show, while a negative ROI suggests the need for adjustments in strategy or participation in different events. 5. Analyze Engagement and Interaction The quality of interactions at your booth is a significant indicator of performance. Monitor how many meaningful conversations your team had, the duration of these interactions, and the overall engagement level of visitors. Tools such as lead retrieval systems can help capture data on visitor interactions. Additionally, observe how many attendees participated in any demonstrations, presentations, or activities you offered. High engagement levels typically correlate with a successful trade show experience. 6. Review Competitor Performance Assessing trade show performance also involves benchmarking against competitors. Take note of their booth design, visitor traffic, engagement strategies, and overall presence. Compare their performance metrics with yours to identify areas for improvement. Understanding what your competitors are doing well can provide valuable insights for enhancing your future trade show strategies. 7. Gather Feedback Collect feedback from your team and attendees to get a comprehensive view of your performance. Conduct post-event surveys to understand the experiences and satisfaction levels of booth visitors. Likewise, hold debriefing sessions with your staff to discuss what worked, what didn’t, and how the overall experience can be improved. This qualitative data is crucial for a holistic assessment of your trade show performance. 8. Monitor Long-Term Impact While immediate results are important, the long-term impact of trade show participation can be even more telling. Track the progress of leads generated at the event over several months to assess conversion rates and overall sales impact. Additionally, monitor any long-term shifts in brand recognition, market positioning, and industry relationships that can be attributed to your trade show participation. To effectively assess trade show performance, businesses must take a comprehensive approach, evaluating both quantitative and qualitative metrics. By setting clear objectives, tracking lead generation, measuring brand awareness, evaluating sales and ROI, analyzing engagement, reviewing competitor performance, gathering feedback, and monitoring long-term impact, companies can gain a complete picture of their trade show effectiveness. This detailed assessment not only helps in justifying the investment but also provides insights for continuous improvement and future success. Assess Trade Show Performance Tools Learn about MEET’s Trade Show Dashboard tools — About MEET MEET helps international B2B & B2G companies scale in the U.S. through trade shows, events, and strategic connections. Contact Bill Kenney to discuss your U.S. expansion goals bill@meetroi.com or +1 (860) 573-4821.

Exhibitor Tips, Market-Entry, Participant Tips, Pavilions, Return on Investment

Evaluating Trade Show Relevance

/

In the bustling world of commerce, trade shows stand as beacons of opportunity, offering businesses a platform to showcase their offerings, forge connections, and stay abreast of industry trends. However, not all trade shows are created equal, and determining their relevance to your business is paramount to making informed decisions about participation. So, how do you evaluate trade show relevance effectively? Let’s embark on this journey together and navigate the maze of evaluating trade show relevance. 1. Define Your Objectives Before delving into the evaluation process, it’s essential to define your objectives clearly. What are you hoping to achieve by participating in a trade show? Are you looking to generate leads, increase brand awareness, launch a new product, or network with industry professionals? Understanding your goals will serve as a compass in guiding your evaluation criteria and ensuring that the trade show aligns with your business objectives. 2. Research the Industry Focus The first step in evaluating trade show relevance is to assess the industry focus of the event. Consider whether the trade show caters to your specific industry, niche, or target market. Look for trade shows that attract attendees, exhibitors, and speakers who are relevant to your business. Evaluate the exhibitor list, seminar topics, and keynote speakers to gauge the alignment with your industry and identify potential networking opportunities. 3. Assess Attendee Profile Examine the profile of past and expected attendees to determine whether they match your target customer demographic. Consider factors such as job titles, industries, company sizes, and geographic locations. Look for trade shows that attract a diverse yet relevant audience that is likely to be interested in your products or services. Participating in trade shows with a high concentration of your target audience increases the likelihood of generating quality leads and fostering meaningful connections. 4. Evaluate Exhibitor Opportunities Evaluate the opportunities available to exhibitors, including booth options, sponsorship packages, speaking opportunities, and networking events. Consider whether the trade show offers opportunities for visibility, engagement, and lead generation that align with your objectives and budget. Look for value-added features such as matchmaking services, lead retrieval tools, and promotional opportunities to maximize your return on investment (ROI). 5. Consider Geographic Reach Assess the geographic reach of the trade show and its relevance to your target market. Consider whether the trade show attracts attendees and exhibitors from local, regional, national, or international markets. If your business operates primarily within a specific geographic region, prioritize trade shows that cater to that market to maximize your exposure and opportunities for local business development. Conversely, if you’re looking to expand into new markets, consider participating in trade shows with a broader geographic reach to access new opportunities and audiences. 6. Review Past Performance One of the most reliable indicators of trade show relevance is its past performance. Research the history of the trade show, including attendance figures, exhibitor feedback, and post-event analysis. Evaluate factors such as foot traffic, lead generation opportunities, quality of networking, and overall attendee satisfaction. Positive testimonials and success stories from past exhibitors can provide valuable insights into the effectiveness of the trade show in achieving business objectives. 7. Assess Cost vs. Benefits Evaluate the costs associated with participating in the trade show and weigh them against the potential benefits. Consider factors such as booth rental fees, travel expenses, promotional materials, staffing costs, and ancillary expenses. Calculate the potential return on investment (ROI) based on your objectives and projected outcomes. While larger trade shows may offer greater visibility and networking opportunities, they often come with higher costs. Consider your budget constraints and the expected benefits to ensure that the trade show offers a favorable cost-benefit ratio. 8. Seek Feedback and Recommendations Don’t hesitate to seek feedback and recommendations from industry peers, mentors, or professional associations. Reach out to past exhibitors and attendees to gather insights into their experiences and assess the relevance of the trade show to your business. Additionally, leverage online resources such as trade show directories, forums, and social media groups to gather insights and recommendations from fellow exhibitors and industry experts. Evaluating trade show relevance requires a comprehensive assessment of industry focus, attendee profile, exhibitor opportunities, geographic reach, past performance, cost vs. benefits, and feedback from peers and industry experts. By conducting thorough research and analysis, you can identify trade shows that offer the best opportunities for achieving your business objectives and maximizing your ROI. Remember, the key to success lies in choosing trade shows that align closely with your goals, target audience, and budget, ensuring that your participation yields tangible results and contributes to your overall business growth. Read about choosing the right trade show for your business. — About MEET MEET helps international B2B & B2G companies scale in the U.S. through trade shows, events, and strategic connections. Contact Bill Kenney to discuss your U.S. expansion goals bill@meetroi.com or +1 (860) 573-4821.

Exhibitor Tips, Participant Tips, Workshops and Webinars

Why Should I Participate in Trade Shows?

/

Trade shows are a vital component of many business strategies due to their multifaceted benefits. These events provide businesses with unique opportunities that are difficult to replicate through other marketing channels. Here are several reasons why trade shows are important for businesses: 1. Direct Customer Engagement Trade shows offer businesses the chance to interact directly with potential and existing customers. This face-to-face engagement allows for real-time feedback, personalized interactions, and the building of trust and rapport. Customers can see, touch, and experience products firsthand, which can significantly influence their purchasing decisions. 2. Lead Generation One of the primary benefits of trade shows is the ability to generate high-quality leads. Attendees are often decision-makers or have significant influence within their organizations. This targeted audience means that the leads collected are more likely to convert into actual sales. Moreover, they often attract people who are actively looking for solutions, making them warmer prospects compared to leads generated through cold outreach methods. 3. Brand Awareness and Visibility Participating in a trade show increases brand visibility among a concentrated group of industry professionals and potential customers. Even if attendees do not make an immediate purchase, they become aware of the brand, which can influence their future buying decisions. A well-designed booth and effective promotional materials can leave a lasting impression. 4. Competitive Analysis Trade shows provide an excellent opportunity for businesses to observe their competitors. By walking the floor, businesses can see what others are offering, their marketing strategies, booth designs, and customer engagement tactics. This competitive intelligence can inform a company’s own strategies and help them stay ahead in the market. 5. Networking Opportunities Trade shows bring together a wide range of industry players, including suppliers, distributors, and potential partners. This concentration of industry professionals facilitates networking, which can lead to strategic alliances, partnerships, and collaborations. Networking at trade shows can also lead to media coverage and PR opportunities, further enhancing a company’s visibility. 6. Market Research and Trend Spotting Attending trade shows allows businesses to keep a pulse on industry trends and innovations. They can gather insights into emerging technologies, new products, and shifts in customer preferences. This information is invaluable for product development, marketing strategies, and overall business planning. 7. Sales and Order Taking Many businesses attend trade shows with the primary goal of closing sales and taking orders. The concentrated environment of interested buyers makes it an ideal setting for demonstrating products and services and securing commitments. They often have dedicated areas for order taking, which can streamline the sales process. 8. Product Launches Trade shows are an ideal venue for launching new products or services. The gathered audience of industry insiders and media representatives provides a captive audience for product demonstrations and announcements. A successful product launch at these industry events can generate buzz and media coverage, amplifying the reach beyond the event itself. 9. Educational Opportunities Many trade shows feature seminars, workshops, and panel discussions led by industry experts. These sessions provide valuable learning opportunities for businesses to gain insights into industry best practices, regulatory changes, and innovative solutions. Staying informed through these educational sessions can help businesses adapt and thrive in a competitive market. 10. Building Relationships Building and maintaining relationships with existing clients, suppliers, and industry peers is crucial for long-term success. Trade shows offer a conducive environment for nurturing these relationships, as the informal setting can foster deeper connections than formal business meetings. Trade shows play a critical role in business development by offering a multifaceted platform for engagement, learning, and growth. The unique combination of direct customer interaction, lead generation, brand visibility, competitive analysis, and networking makes such events an indispensable tool for businesses aiming to enhance their market presence and achieve their strategic goals. By leveraging the opportunities presented businesses can stay competitive, innovate, and expand their reach in the market. For an expanded view on this topic refer to our article How to Choose the Right Trade Shows for Your Business. — About MEET MEET helps international B2B & B2G companies scale in the U.S. through trade shows, events, and strategic connections. Contact Bill Kenney to discuss your U.S. expansion goals bill@meetroi.com or +1 (860) 573-4821.

bill@meetroi.com

+1 (860) 573-4821

+1 (860) 573-4821

bill@meetroi.com

Latest Free Resources

How to Choose the Right Trade Shows for Your Business

Key Elements of an Effective Trade Show Booth

MEET Trade Show Exhibitor Readiness Assessment

The 3 Truths of Gaining U.S. Sales Traction

Subscribe Now

Join our community and get the best content delivered straight to your inbox.

©2024. MEET All Rights Reserved.

Scroll to Top
Seraphinite AcceleratorOptimized by Seraphinite Accelerator
Turns on site high speed to be attractive for people and search engines.