Oh yes, tradeshows can be very expensive, so what should you do to save money when exhibiting at a tradeshow? Let’s take a look at just a handful of ideas.
Partner with a bigger exhibitor. You may be a perfect complement to a partner with a much larger booth presence. Explore the idea of taking a small corner of a smaller exhibit. Both exhibitors will benefit from the added traffic when both exhibitors are promoting the joint appearance.
Rent an exhibit. Not always the best of go-to solution, but for many exhibitors, renting a booth means not dealing with storage. Usually at one-third the cost of purchasing a similar exhibit.
Dig deep to cut your travel costs. Cutting those costs may mean taking one or two fewer people, staying in hotels that are on a transit line but still a bit away from the convention center.
Save power by using LEDs instead of hot halogens.
Cut your shipping weight. Using graphic graphics that fold up are going to cost a lot less to ship, and will take up less space.
Cut your shipping costs even more. Shipping monitors isn’t a big deal. But imagine if you had them purchased locally, delivered them to the convention center, and then either shipping them home in your crates, or donate them to a local nonprofit and take a tax write off.
Don’t use your exhibit properties only at the exhibit. Work creatively to use them at other times of the year. Set a graphic up in your company entrance, show it off in the conference room or use it for a video shoot. Getting more usage out of your exhibit materials, especially the graphics, gives you a chance to stretch those dollars.
Over the years I’ve suggested that companies create a tradeshow-specific landing page for each appearance they make at a show. But frankly, I don’t see too many of them.
But I recently ran across a tradeshow-specific landing page from Digimarc that caught my eye. Digimarc is a Portland-based company that helps clientele with product identification, labels, barcodes and the like.
Digimarc has a tradeshow-specific landing page for their upcoming appearance at NRF 2018 at the Jacob K. Javitz Convention Center.
Let’s take a look at their landing page and see what they are doing right.
In the first screenshot, Digimarc starts off by everyone that they’re going to be at the NRF 2018. They mention their booth number and invite visitors to check out their store.
Next shot: you’re invited to dig a little deeper to learn about increasing operational efficiencies and more, and again mentioning the booth number. Right below that are a pair of buttons inviting you to schedule a visit with them at their booth, and offering an NRF Registration and Discount Code, reinforcing the notion that not only do they want to you stop by their booth, they want to make it easy:
In the third screenshot, Digimarc offers a chance to learn even more specific knowledge, with buttons to get better labels, implement easy checkout and engage consumers now.
Finally, there is an offer to get a personalized language booth tour – when you click through, the options are to get a tour in Japanese or German – making it easier for those international visitors to make a connection with the company. Then there’s a Lyft voucher and (still to come) an NRF Survival Guide. It’s all capped off with an invitation to follow them on social media to continue the show connection.
Everything is clearly marked, easily understood and very specific. The only quibble I have is that the date and location of the show (NYC in January) are not on the page. But you might argue that anyone going to the show already knows that information, and this tradeshow-specific landing page from Digimarc is being shared with people who are already aware.
In any event, Digimarc did a great job with this.
My question is: why aren’t you doing this with your upcoming tradeshow appearance?
A fun and engaging conversation to end the year of podcasts/video blogs: I sat down with “When Calls the Heart” Executive Producer Paul Jackson to discuss the upcoming 2-hour season opener on Christmas night, what it takes to make it in Hollywood as either a writer or actor, how persistence, hard work and discipline count. And of course, a look at where our lives crossed in radio sometime in the Dark Ages of the early 80s.
It’s got virtually nothing to do with the tradeshow and events industry, except that a lot of the same concepts and disciplines that it takes to succeed in one industry are critical in another.
You’ll like this:
ONE GOOD THING: I got to play Santa Claus and handed out a few of these:
This is the last vlog/podcast of 2017. Since Christmas and New Year’s Day fall on Mondays this time around, I’m going to skip both days along with the newsletter and let ’em nap until 2018. See you the second week of the near year! Subscribe to the podcast here – subscribe to the TradeshowGuy Newsletter here.
What does a custom exhibit cost on average? How much does it cost to store your exhibit? What’s the cost per lead when exhibiting at a tradeshow?
The answers to these and many other questions are revealed in the November issue of Exhibitor Magazine. You should check out the full magazine article for everything here, but it might be fun to look at just a few items for the sake of this post.
For instance, to answer the first question: what does a custom exhibit cost on average? According to the article, which quoted from the Experiential Designers & Producers Association’s 2017 Economic (Custom) Survey, the current average falls between $137 and $161.17 per square foot. In-line exhibits average $1,370 per lineal foot. Double-deck islands average $237 per square foot of total area.
Okay, let’s try another: exhibit storage. From the same survey, exhibit storage industry average is $.30 monthly per cubic foot, or $4.39 monthly per square foot.
How about the cost per lead? From a sales lead survey done by Exhibitor Magazine, only three in ten exhibit managers track the cost per lead generated at shows they attend, the average figure per lead among those who do is $164.91. I would suspect that number fluctuates widely over industries. And if you were to search for average cost per lead, you’ll get a very disparate cost from industry to industry. When you start to dissect lead cost numbers, you run into a litany of qualifications: what exactly is a lead? How are they qualified? How were they generated? And so on. But having that figure is a good bit of data; it’s often been shown that leads generated at tradeshows are more qualified and lower cost than leads generated other ways.
And finally, one bit of data from the article that jumped out at me: Exhibit-House Markups. How much does an exhibit house markup their prices from their suppliers? Keep in mind that this markup is generally the only way for an exhibit house to cover the cost of salaries, keeping the lights on, marketing, and so on. I’ve always been curious about this item and have never seen this information published. So, here’s the skinny:
Raw materials used in construction/fabrication: 93%
Subcontracted materials and special purchases: 67%
Subcontracted labor: 55%
Show services: 27%
Installation-and-dismantle labor: 29%
This information came from the same EDPA 2017 economic survey as mentioned earlier.
Be sure to check out the remainder of numbers in the article, including average exhibit house charges, labor union charges, electrical, international exhibiting numbers and more. Good stuff to keep handy as you plan your budgets for 2018.
TED talk veteran, Emmy-winning Executive TV producer Bill Stainton joins me to talk about what it takes to be a keynote speaker and how he morphed his career once his TV producing days at “Almost Live!” were over.
A year ago, our new client Schmidt’s Naturals debuted a new custom 10×20 at the Natural Products Expo West. It was a custom exhibit designed by Classic Exhibits‘ designer Kim DiStefano. The design was submitted to Exhibitor Magazine’s annual Portable/Modular Awards, which honor design excellence in portable, modular and system exhibits. Here’s what it looked like on the floor of Expo West:
A couple of years ago, one of our clients, SoYoung, was a winner in the competition. We’re glad that Schmidt’s Naturals got the nomination and we wish them the best when the winners are announced in late winter at ExhibitorLIVE!
We’d like to invite you to see all of the entrants in the Exhibitor Portable/Modular Awards – take a look here and vote your favorite. And remember, you can vote once per day until the competition closes.
Every now and then it’s good to take a look at the tools we use every day in our work – hence a list of my favorite useful tools. Whether it’s a piece of software, an app, a physical tool of some sort or just a mental approach. Here’s what I find most useful these days – the things I use the most:
Microsoft Office 365 for Mac. This has everything, and at a modest price. I use MS Word for writing, Outlook for email, Excel for spreadsheets. PowerPoint is a part of the package, but I prefer Mac’s Keynote, which I find more elegant. There’s nothing wrong with PowerPoint, and at times I’ve had to export Keynote presentations to PowerPoint to play them on PCs. I was never fond of the Mac native Mail program, and was glad to see the recent upgrades to Outlook, which used to be Entourage. I’ve managed to carry my email database through several computers from PC to Macbook over the years, and the current version of Outlook for Mac is nearly flawless.
Keynote. It’s a Mac-only program and is useful for presentations of all kinds, whether for a recorded video or a live presentation.
Screenflow. My go-to for video has screen recording, video camera recording and the ability to choose a specific microphone. You can also record screens from your plugged-in device such as an iPhone or iPad, although I’ve never found an occasion where that was necessary or even useful. But hey, maybe someday! Along with Giphy, Screenflow can create easy gifs as well!
Hootsuite. An online multi-use tool for send out social media items. Send things to more than one platform, upload multiple posts for timed release.
Photoshop. Still the standby for creating quick graphics and photo editing with text overlays. I’m no graphic expert, but I know this program well enough after using it for a couple of decades to get done what I need to quickly. My old CS4 version hasn’t been updated for years, and it works well.
UltraEdit. Billed as the world’s best text editor. Developers and programmers use it for writing code. But I’m no coder and still use it all the time. For when you want text files with no formatting whatsoever. It also works when you have some heavily formatted text from a website that you want to keep without the formatting. Just copy from the website and paste into UltraEdit and all the formatting is gone.
Scrivener. The best book-writing software I’ve experienced. Great at organizing notes, drafts, thoughts and more.
Dropbox. Lots of alternatives, but this has been my go-to for archiving client files, sharing files with and from clients and archiving personal photos.
Filezilla. FTP software that works really well. Free is a very good price, too.
Microsoft OneNote. Part of Microsoft Office 365, available as a standalone download. With the MS Office 365, you get a terrabyte of storage which is very useful for storing notes and files. Very useful in some instances, but I come and go from this one. Lots of interesting things in this tool. You can take a photo of a whiteboard for instance, and the app will convert the writing to text. Put it on an iPhone or iPad and you can write notes. I don’t use this as much as I probably should!
CleanMyMac. Between this and MacKeeper, my laptop stays humming pretty well. After all, it’s almost seven years old. I’ve upgraded it with a 1TB solid state drive and maxed out the RAM to 16 gig, but it still needs software to keep it clean.
Google Calendar. I’d be lost without reminders and notifications from Google Calendar. Syncs with the app on my phone.
Adobe Audition. Ever since my professional radio days ended, I still record and edit audio frequently. Part of it is due to my continued volunteering with my weekly reggae show (Monday nights at 6 pm Pacific – stream it live!) on the local community radio station, KMUZ, and part of that is my weekly vlog/podcast, the TradeshowGuy Monday Morning Coffee.
Zoom. I use this for video meetings, mainly to record the conversations for my vlog/podcast. Easy to use and will record the meeting with the click of a button.
Aweber. I’ve used AWeber for all of my newsletters, autoresponders, etc. for years. The program is easy to use and it keeps getting better. Lots of alternatives, but I’ve seen no real valid reason for switching.
LeadPages. Lead capture software. You know the ones – the annoying popups that ask you to opt in to a newsletter in exchange for some sort of goodie. Yes, popups can be annoying, but they work and people have gotten used to them. Integrates seamlessly with AWeber and other email programs. Highly recommended for its creativity and flexibility.
Carbonite. One of at least two backups I have. Carbonite works in the background to archive the essential files (not all kinds of files, though – it doesn’t typically back up video or audio files unless you ask it to). There is also a Carbonite app, but I’ve had issues with it. Sometimes it works and sometimes it doesn’t. Although there have been times with Carbonite has save my ass on the floor of a tradeshow when I needed to pull up a critical file. More than once.
Time Machine. The other Mac back up. I used it once a week to manually backup all of my latest files.
Soundcloud. This is the host of the audiofiles for the TradeshowGuy Monday Morning Coffee podcast. Easy to use, easy to grab the code to embed the file into a blog post, and useful listening stats as well.
Quickbooks. Money tracking, check-writing, invoicing, etc., at its best.
Beyond the usual text, email, messaging, maps and such, I find the following apps very useful (links are to the iTunes store):
Ski Tracks. Tracks my routes and distance on the slope.
Apple Macbook Pro. 13” early 2011. Upgraded to 16 GB RAM and a 1 TB SSD hard drive. Rarely have I had a glitch with this.
Blue Yeti USB Microphone. I switched to a USB microphone a couple of years ago when I couldn’t chase down an annoying hum in my analog board. Works great and is very reasonably priced. You see it in all of my podcast videos.
Sony MDR-V6 dynamic stereo headphones. I’ve used these headphones for more than twenty years, since my radio days. Still use them when recording and volunteering at the local community radio station. It’s my second pair.
SkullCandy ear buds. While I tend to go through a pair of these about every year, they deliver much better sound and comfort than the earphones that come with the iPhone.
Keen messenger bag. The model shown in the link isn’t the one I have, but very similar. Great for carrying laptop, books, lunch, whatever.
Am I missing anything? What are you using? Leave a comment!
Today’s TradeshowGuy Monday Morning Coffee caught up with the very busy Booth Mom Candy Adams. She’s been in the industry helping companies succeed at tradeshow marketing for years and shares a lot of great insights into how it all works – especially when you have to pull Plan B out of your back pocket: