Industry events are excellent for bringing an engaged audience together. And when you’re well prepared for these events, you can make a big impact on potential customers. That’s why trade show marketing is one of the best lead generation strategies you can adopt. A trade show is an event that centers around an industry or a specific product or service. They’re great for brands looking to display their products or services and promote them in a personal way to interested potential buyers. These are not the same as conferences. On the one hand, conferences are open to the public, and trade shows are typically open to specific audiences.
The Trade Show Experience
From a marketing perspective, the trade show experience can vary depending on the event. Generally speaking, companies are able to set up exhibits in a booth, host presentations, conduct workshops, network with competitors and potential partners, and engage with media outlets. As an exhibitor, you’re hoping to connect with eager leads who can become customers as well as build relationships with influencers in your space. Attendees are coming to a trade show in hopes of learning about your products and services and gaining a better understanding of the industry as a whole. If your industry hosts a big trade show, setting up a booth is a no brainer for many reasons.
The Benefits of Trade Shows for Your Business
When it comes to trade show marketing, your marketing team can enjoy many advantages.
You Can Conduct Market Research
These events are some of the best methods for gathering intelligence about the industry, specifically what your competitors are doing. This is why it’s important to build some time in the day of the event to walk around the event space. By visiting competitors’ booths, you’re able to get a closer look at how their products or services stand out. You can identify how they compare to your products or services.
Can Test New Products or Services
Rolling out a new product or service offering? You can gather real time feedback by presenting it to your booth visitors. You can hear straight from the horse’s mouth.
Potential customers will explore your new offerings and voice their concerns and share what they’re excited about too. This instant feedback is crucial because it can shape how you update your offerings and how you position your messaging for future campaigns centered around these new products or services.
You Gain Direct Access to Buyers
Digital marketing consists of a lot of back and forth via the internet, obviously. Sure, you’ll have some phone calls and video chats, but nothing beats in-person interaction.
And with trade show marketing, you have direct, face to face access to interested parties. By engaging with them in person, you’re well equipped to establish a human connection that can lead to a meaningful relationship, which is the start of potentially closing new customers.
You Can Shorten the Sales Cycle
Depending on your industry, you might be subjected to an extended buying cycle. This is especially true for B2B buyers.
But at trade shows, you’re in a position where you can impress leads instantly. Plus, you can run specials, like discounts or exclusive freebies, to encourage immediate purchase decisions.
You’re Driving Brand Awareness
Nothing beats making a big splash at an industry event. And with the right trade show marketing strategy, you can get your target audience excited about visiting you in your booth.
This is why booth design and pre-show planning is so important. You can leverage your contact database to directly invite your current leads to visit you, and you can also capture the attention of passersbys with eye-catching branded visuals. With the right plan in place, you will wow people on the day of the event and stick in their mind for months after.
16 Trade Show Marketing Ideas Worth Trying
Trade show marketing is a subtopic associated with event marketing. It refers to the process of showcasing your company and your offerings at a trade show. This marketing channel is especially beneficial because you’re interacting with people who actively registered to attend. In other words, they’re already engaged in their personal buyer journey seeking out brands and solutions. To make the most of a trade show, you need a comprehensive trade show marketing strategy. Here are some tips and ideas for preparing for the show, hosting visitors at your booth, and following up with new leads and customers after the event.
Before the Trade Show
During the Trade Show
After the Trade Show