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Tips for Determining Your
Trade Show Budget:
For your first-time exhibiting at
a show
An
easy rule-of-thumb for figuring out the budget
of a show you haven't exhibited in
before: Exhibit space
expenses are about one-third of your total trade
show costs. Keep that in mind when your boss
asks you to quickly determine your budget for
the next show. You can
quickly estimate your expenses by multiplying
the cost of your exhibit space by
three. That's because exhibit
space rental costs are responsible for around a
third of your total trade show
budget. For your very first
show, remember your costs will be higher since
you will have initial booth display costs and
consulting that you can amortize over many
similar shows.
For a show you have exhibited
before
If
you have exhibited at this show
before: Use your past
experience to help budget for your next trade
show. Take last year's
fees and multiply by 10%.
This will give you a quick budget for
next year's
show.
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Booth cost is 28%
of total show budget
Tips for Determining
Your Trade Show Budget
continued-
For the familiar show, be
sure to consider your success of the previous
shows as a guide for including additional
marketing or assistance in the budget for the
up-coming shows.
Note:
If the show has changed locations, add
the difference in travel costs from the previous
year. |
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Pre
Show Tips:
1. Get
feedback from your sales support staff when
stating the show objectives
2. Order
supplies early to avoid late charges or at show
charges
3.
Before the show, set up your booth and arrange
the artwork,
display, and show materials,
4. Take
pictures of the booth set up. Bring photos to
the show
5.
Always have your own shipping
labels printed out prior to the
show.
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Ruth Fell Failer
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For More
Sales:
Target
Your
Market Before The Show
The
Center for Exhibit Industry Research reports
that more than three-quarters of all attendees
have planned an agenda before they go to
a show. This only makes
sense, when, as CEIR research has shown, during
a two-day show, attendees will only be able to
get to a couple dozen booths, and spend no more
than 15 minutes at each booth.
How can you make sure your booth is on
your prospects' "must-see" list?
Through creative and frequent pre-show
marketing!
Exhibitors who have pre
show promotions see a 33 percent increase in the
number of attendees who'll stop by their
booths (according to
CEIR).
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Do you want to know where Ruth
gets some of her marketing and Trade Show
Info?
Click
here
Target Your Market Before
The Show continued-
Getting
more qualified visitors to your booth is key to
increasing the number of leads and sales you'll
make. And since you've put so much time, energy,
and money into making your booth display
inviting, why wouldn't you take this
all-important step?
To
read the rest of the trade show target audience tip click
here top of the
page |
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What's
New!
Looking for more marketing and
trade show guidance?
Trade show planning
resources are now available with the click of a
mouse. Visit the Tips of the Trade website home
page and click on Planning, Pre-Show, At-Show,
Post-Show and Resources for an efficient and
fast way to focus-in on trade show preparation.
Visit http://e2ma.net/go/1648011298/1495182/54892101/goto:http://www.besttipsoftheTrade.com
to find resources for your trade show and
marketing success!
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Tips for studying studying for the CTSM exam?
Click on the photo to comment on Ruth's blog:
RuthInTheBooth.blogspot.com
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