It is coming up to exhibition season and it reminded us at Pinnacle of that much-discussed topic of if exhibitions are still worth it for manufacturers and merchants in building and construction industry?
Many of our clients, who we provide sales and marketing recruitment services to in the construction industry are beginning to question whether their funds can be spent better elsewhere, whereas some still benefit greatly from trade shows.
Construction products' Marketing Managers usually breathe a huge sigh of relief when a major exhibition has finished and then many Sales professionals become eager to start working their way through the wheat and chaff of the leads generated.
And then, of course, there are the Managing Directors, Commercial Managers and Financial Directors anxious to ensure the leads generate new business to justify the expense of the show.
So with all these people involved are trade exhibitions really still worth the investment or just a costly flag-waving exercise?
A large trade exhibition doesn’t just take a week out of a company’s time; it is a huge investment of people time and finance.
The preparation of a successful show takes months: selecting the space and position; design of the stand; deciding on your objectives and key messages, writing the copy; design of any graphics; creating any necessary new literature; arranging electrics and stand services; completing reams of paperwork; organising promotions; inviting customers and prospects; organising travel, accommodation and stand personnel; building of the stand; coordinating everything with product launches, printing of literature; arranging giveaways, sales samples and demonstrations for the stand as well as maximising the press coverage of your presence. After all that comes the break down of the stand and then dealing with requests for information and following up all the leads post-show. It is tiring just thinking about it!
Stands become a sales and marketing team’s 'home' for the week and some stands can cost almost as much as a small house itself - perhaps they should be included in the UK housebuilding figures!
Any responsible marketer has to think carefully about their show strategy: which show to exhibit at, what to promote, how to maximise the number and type of people visiting the stand. You cannot just expect the show to be a success, otherwise, the expense should perhaps be used elsewhere.
There are many questions to consider when deciding whether to exhibit:
- Do we need to be there to enhance our profile and reputation?
- Can we reach people we wouldn't normally be able to see?
- Is the opportunity to bring people to us and actually show them our product a major benefit?
- Would we have got these leads anyway?
- Could we have spent this money better elsewhere?
- Can we afford to have our sales team off the road for a week?
- Do we actually have anything new and interesting to say?
- Can we now reach people just as effectively with all the opportunities the Internet provides?
- Does it fit in with our business strategy and objectives?
- Will we put as much time and effort in post-exhibition as we do into organising it?
And there are many, many more which will keep Sales and Marketing Managers' brains active for weeks during planning and budgeting time.
We would like to gain your view as Sales, Marketing and Management professionals of construction products, manufacturers and distributors, whether you feel that exhibitions still play an important part in your sales and marketing strategy.
This year there are many Exhibition Rebates on offer and to qualify you must ensure that you follow the simple steps correctly. The Promotional Voucher Book and Spot Buy Offers will again have many exciting offers and giveaways available at selected stands along with your free lunch and drink vouchers. To help with the planning of your visit, do take some time to look through the Show Guide at the Exhibitor list and Stand Plan as this will help you get the most out of your day.
