How Much is This Going to Cost?

Attending a tradeshow as an exhibitor does not come without a cost; there is the fee charged by the event organizers together with your costs of attending and setting up your display together with any associated marketing collateral and getting the word out that you will be exhibiting.

Tradeshow exhibition fees can start from as low as a couple of hundred dollars and rocket upwards to hundreds of thousands.  How much a tradeshow organizer is going to charge will be determined by demand amongst potential exhibitors and the likely expectation of revenues that will be generated by exhibitors.

Remember, you should look at exhibiting at a tradeshow as a profit making exercise and not as a cost item!

There is also the associated costs of travelling and manning the tradeshow exhibition which are going to vary depending on how far away the event is from your base of operations.

The booth itself is not going to represent a significant chunk of change which runs contrary to most people’s expectation.  When you consider the cost of a display is also to be spread over several tradeshows as it will be used repeatedly, the cost becomes a very small fraction of the overall investment.

A standard table top display with professional business graphics can cost as little as $615 and provide a very inexpensive but highly professional display.  For a hi-tech, state of the art booth you can pay anything up to around $20,000 and typically this will be covering approximately 300 square feet.

Where you will fit in respect of your investment will be largely determined by your bank balance of course, but where money is not a major constraint, then by your perception as to how profitable tradeshow exhibitions are going to be.

It is not unusual for newcomers to start off with a table top display together with accessories and marketing collateral that comes in at a budget under $1,000 but within a few months or a year, or returning to order much more expensive booths, displays and kiosks.  This reflects the underlying value that exhibiting at a tradeshow represents for businesses and is the reason why we continually urge you to look at the activity as one which is making you money rather than costing it.

At the basic end of the market, a display or booth is likely to be manned by you or your staff; modern displays are simple to set-up and require no skills (a table top display is likely to take no more than five minutes to set up).  As you become more experienced and start looking at how you are going to attract even more attention to your presence, you will probably consider bringing in other staff to help with manning the exhibit such as entertainers (magicians are a favorite) or using free gifts and giveaways.

Many of the costs of exhibiting at a tradeshow are discrete costs which you control and only incur as and when you wish, but the answer to the question, “How much will this cost?”, simply becomes meaningless as you can spend until you have no money left!

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Where Can I Find Out About Trade Shows?

Tradeshows are very popular from small, local exhibitions to huge, international events attracting hundreds of thousands of visitors and providing the launchpad for new products and services for companies with the budget to afford them.  Finding out where tradeshows are taking place is a simple and easy task but this is not the obstacle that is in front of you; the real question is how are you going to narrow down those tradeshows that satisfy your requirements including meeting your budget, generating sales opportunities and ultimately profits for your business.

Back on earth, small and medium sized businesses looking to use tradeshows will find a very wide range of events that they can use to promote themselves and their offering.  Simply opening a newspaper with a decent circulation and heading to the business classifieds section is going to give you some information on what tradeshows are taking place and where in any major city or region.  In practice, we need to be a little more rigorous than taking a “hit or miss” approach as there are factors outside of the tradeshow event itself which will have an effect on our decision.

Budget is frequently a major consideration for initial efforts in the tradeshow arena (and we’ll cover that in our next post) but no matter what your budget you can make use of any tradeshow simply for the price of admission.

There are plenty of resources to help you locate tradeshows you may be interested in and your first calls and enquiries should be directed at your trade associations and chambers of commerce who will maintain lists of tradeshows in the area and in your industry sector.  The internet is obviously a great source of information as well and there are numerous listings where you can find tradeshows selected for consideration on strict search criteria.  You will be able to assess information on prior tradeshow history and data such as numbers of exhibitors, who they were and who has already booked to exhibit in a tradeshow you may be considering yourself. There is an enormous amount of business information made available, not least as tradeshow promoters like to blow their own trumpet with respect to how much business their events have generated and are likely to make in the future!

Check out some of the following which will help you to start off with:

TSNN: The Ultimate Trade Resource

Trade Show Exhiition association

TS2 Show

Before you commit yourself to exibiting at a tradeshow, take your time to go and visit several in your locality and get a feel for the convention and what is actually happening.  Specifically look for how well a tradeshow is delivering what the organizers have promised; how busy is the show? How many exhibitors are there?  Any empty slots and booths? What is the venue like – neat, clean and professional with an atmosphere for doing business?

Simply attending a show will allow you to network both with exhibitors and other attendees so go prepared and have a stack of business cards to hand.

There is no substitute for experience and using some shoe leather and atttending a tradeshow that satisfies your requirements in terms of visitor numbers, opportunities for doing business and your budget will allow you to properly assess how you will be able to take advantage of a tradeshow when you come to exhibit yourself as well as in setting realistic sales targets and marketing goals.

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Expand Your Mind and Your Booth with Accessories

For around $600 you can have a table top pop-up display which will give you a very professional presence at any tradeshow exhibition and as you gain experience of tradeshows you will want to invest more in your exhibition display but before you trade your still new display for something bigger and more expensive, consider how using accessories can achieve teh same impact without the increased cost.

Lighting always makes an atmosphere if handled properly, and you can gain a greatly enhanced presence and impact statement with proper illumination and your tradeshow supplier will be able to help you with how to go about this.  Lighting accessories are available starting from as little as $63 though how much you will spend is going to be determined by the look, feel and impact your display set-up is going to make.

When you pay for space at a tradeshow, use every inch of it to your advantage – leave nothing to go to waste.  A simple table top pop-up display looks a 100% better if you have a table covering to set it off rather than a bareback table.  More than this, for as little as $150 you can set your table display off to perfection with a table runner displaying your company logo or name and you don’t need to stop there if you want a real impact statement with applique and full printed graphics turning a humble table into a banner advert for your business.

One thing you will notice about any exhibitors booth is that they always have literature available for attendees to look through and take away.  It is important that literature is to hand whenever your staff need it for a potential customer who has come to pay you a visit and in this respect, formally organizing your booth literature is a good move rather than simply scattering some brochures on a table.  Using literature stands, either freestanding or table top, will allow you to keep your marketing collateral easily accessible by your staff and potential customers.  They also add to the professional image you will be looking to portray and they frequently become the focus of an attendee’s attention when they visit your booth.

A professional looking, free standing literature stand can cost as little as a $42!

Attendees walking around a tradeshow all day tend to get worn out and tired feet so there are two things you can do by simply using your own flooring.  Tradeshow flooring can be used to provide a contrasting image from your neighbors (as you choose the color) and ensure an overall image for your booth no matter what the decor is at the venue.  As tradeshow floowing is typicvally made of a cushion material it is a welcome relief for those sore feet too!

A 10 x 10 section of tradeshow flooring will cost as little as $195 and comes in a range of colors and textures from simple colors to wood and veneer effect.

Finally, for this post at least, think about the airspace you are renting; you don’t just pay to use the floorspace and you want to make sure you get noticed so think about a hanging sign that can be suspended above your booth and be seen over your competing exhibitors.  Suspended signs are a great way of attracting visitors to your booth as well as acting as a marker for those who are actively looking for you at a tradeshow.

A hanging sign with your business logo or message imprinted with professional graphics start from as little as $1,995.

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