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Date: September 06, 2016
Author: Jan Fambro
Interbike is Approaching ... Are You Ready?
Before the Show:
- Make a sale(s) of more than $xx,xxx on the show floor
- Get at least 20 genuine prospects for post-show follow-up/sales
- Collect xxx business cards/contacts to add to your database
- Find 2 serious investors or partners
- Ask potential customers 3 specific things (market research)
- Identify xxx new premium items for your shop, schedule a presentation and establish an initial relationship with the manufacturer, wholesaler, representative for the brand(s)
- Investigate two future trends by talking with xxx industry leaders
- Schedule and conduct xx meetings with the intend of achieving one or more of your goals
- Postcard mailers work. If you thought that "print media" is dead, it's not, particularly before a tradeshow, and not if you do it right. Offer something cool at your booth if your recipients bring the card with them. Don't forget to put your booth number on the card!
- Emails probably work. Because you can use Interbike's name in the subject line, people will probably open the email. Just remember, some people get hundreds of emails daily, make sure your subject line is a compelling reason to open yours before the other 99+ in their queue. Sending out more than one email is a good idea. It raises the odds that more of your recipients will see and open yours.
- Set up meetings in advance. Tradeshows are a rare chance to get face-time with a wide variety of people. But remember, others will be setting up meetings as well, so start early. There's only so many hours in the day for you and for the people you want to meet with. Go to the show with your meeting schedule set as much as possible and be flexible. Here are some of the people you might want to meet with: editors/reporters of on-line and hardcopy publications; bloggers; existing and potential customers; manufacturers, wholesalers and brand representatives; vendors; potential partners; your competition; industry leaders
- Ask questions, open a conversation. Most others will "pitch at" people. Be different and have a conversation. Good conversationalists are genuinely interested in the other person - what do they do, what are they interested in. If you start chatting they might actually ask you for a pitch as a form of reciprocation. Then you've got permission to "sell," and they're truly listening.
- Don't ask how they're doing. Your opening line should engage them with something you specifically have to offer. "Hello, how's it going" is not interesting or unique. Even just a simple "Are you interested in [thing you do]" is better, although still weak. You might start with a compliment or an observation about what's going on around the show.
- Ask informational questions, don't just transmit. Obviously you're there to pitch your product, service or idea, but this is also a fantastic opportunity for direct market research on your potential customers. Come up with 3-5 questions that you can ask people who walk by the booth. You can record the answers or not, but it's a great way to start a conversation, get people into your booth, and at the same time learn about your customers and detect trends.
- Pens (multiple, different colors)
- Sharpies/markers and highlighters
- Tape: scotch, masking, duct
- Extension cord
- Electric plug bar
- Rubber bands
- Small stapler
- Paper clips
- All-in-one tool (screwdriver, can opener)
- Over-the-counter meds (Tylenol, Advil, Excedrin)
- Zip ties
- Generic business cards in case someone runs out
- Shipping labels (some items will need to be shipped or mailed back to your office)
At the Show:
- Take names instead of pushing brochures. Attendees get dozens of pieces of paper pushed into their hands and pre-filled in their tote bags. Even if yours is clever, funny, and useful, it's still going to be lost. Instead of hand-outs, scan their badge or get a business card, and mail them something immediately after the show.
- Make notes on business cards. As an exhibitor and an attendee, you'll talk to hundreds of people; you'll never remember what one guy said or what he wants. Always write it down on their business card. If you're scanning business cards or badges, have a notepad handy to remind you of who you talked to and what follow-up steps are needed.
- Stand, don't sit. Sitting looks like you don't want to be there. It's uninviting. The head-height differential is psychologically off-putting. Your feet hurt; but stand anyway.
- Get into the aisle. Just because there's a table there doesn't mean you have to stand behind it. Break out of your 10 x 10-ft. prison and engage people in the aisle. Best is to have someone inside the booth to talk to folks who walk up and another in the aisle getting attention and directing folks inward. Especially during high-traffic, just being a barrier in the middle forces people to squeeze by your booth, which gives you a chance to engage.
- Walk the floor and talk to everyone. You have your goals. Make a plan each morning and carry it out. The floor space is huge, know who you want to talk to and get moving first thing in the day.
- Don't forget the workshops and demos. These should be planned as well. Select the ones that will help you reach your goals. You can meet a lot of people at some of these workshops, as well as learn about trends and new products.
- Quality not quantity. It's a cliché, but it's better to have six solid conversations with people who will buy your product than to give away 200 pieces of branded swag to people who can't remember who you are.
- Remember what your goals are. Everything you do should focus on reaching your set goals. There's only so much time during the day and at night. If an activity will not help you reach your goal(s), carefully consider whether you should spend time on it.
- Have a debriefing with your team. Discuss and analyze what you learned while talking to attendees. Find out what "hooks" worked best; what were people were saying about your products/services; what did you learn about your competitors; did your team spot any trends; where did they see the best prospects; prioritize your follow-up and make team assignments.
- Follow-up. Critically important! Otherwise you spent a lot of money and time on your feet, and nothing or little to show for it. Remember, attendees talked to a lot of people. They were pitched and pitched and pitched, and were saturated. It's up to you or one of your team members to follow-up in a timely manner, remind them who you are, say 'thank you' for attending, and ask for a meeting or determine another next step.
- Update your database. If you did not have a badge scanner and collected business cards, make sure you assign someone to get these entered into your customer database for future promotional outreach.
- Help Grow the Industry Team up with industry leaders to guide the future
- Help Your Business Learn best practices, latest trends, share ideas
- Help Grow the Sport Work together to attract more participants to the sport
TBI is a multisport industry organization of businesses and individuals who support the growth and success of triathlon as a business and a sport.
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