Services: Trade Show: Tradeshows Work
There are many reasons why tradeshows have been effective for companies of all sizes for the past 80 years. Face-to-face marketing accelerates the sales cycle and still represents the best dollar-for-dollar value versus other competing media/marketing vehicles. 20 Reasons Why Tradeshows Work for the Exhibitor: Tradeshows provide Exhibitors with the opportunity to meet clients and prospects and decision makers face-to-face to:
- Generate leads and drive incremental sales
- Solidify relationships with current customers
- Establish relationships with prospects, key target markets and the media
- Shorten the sales cycle
- Introduce and promote new products to a new or existing market
- Enhance brand and product visibility
- Educate and demonstrate new uses for existing products
- Obtain feedback on new and existing products
- Learn the latest industry trends
- Gain competitors insight
- Conduct competitor and market research
- Network with key industry contacts and key opinion leaders
- Learn more about the industry they support
- Have a presence in the industry
- Gain exposure in new markets
- Find personnel to grow your company
- Build sales force moral and foster camaraderie
- Demonstrate your commitment to a marketplace and your clients
- Identify new business opportunities
- Reinforce and test marketing strategies
10 Reasons Why Tradeshows Work for the Attendee: Tradeshows provide Attendees with the opportunity to:
- Purchase products at discounted prices
- Conduct research to ensure you make the best purchase decision
- Establish relationships with key vendors
- Learn latest industry trends & technologies
- Gain insight into what others in your industry are purchasing & why
- Learn from industry key opinion leaders
- Discover new products
- Compare competitive products side by side
- Meet the people only known previously via phone/email
- Have the chance to use a product before purchase
When evaluating whether to exhibit at a show or not, consider how your presence - or absence - at important trade shows affects your business. Trying to save a few dollars today could compromise business tomorrow.
Supporting Resources
The Importance of Tradeshows
- The Power of In-Person Product/Service Experience
- 91% of attendees rank trade shows as “extremely useful” as a source for product purchasing information. Source: Simmons Market Research Bureau
- Meeting New Customers
- 97% of all qualified attendees represented a new prospect and potential customer for exhibiting companies. Source: Exhibit Surveys, Inc.
- Human Interaction
- 76% of attendees rate face-to-face meetings with potential new vendors very or extremely important. Source: Center for Exhibition Industry Research