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Home Marketing Digital Marketing

5 Mistakes B2B Companies Make at Trade Shows (and How to Avoid Them)

June 26, 2024
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Ah, the fun of event planning! The buzz of pleasure, the anticipation of success… and sometimes, the sinking feeling of disappointment when things don’t go as planned. Trade shows proceed to be an excellent marketing channel for startups and established businesses. But let’s be honest: planning on attending an industry event can feel overwhelming. This is true for first-time exhibitors, but even essentially the most seasoned showgoers can’t rest in the event that they want to shine.

At SAGE Marketing, we’ve conquered countless B2B events across diverse industries, cracking the code for achievement each time. Now, we’re sharing our battle-tested secrets with you. From planning to measuring results like a professional, consider this your go-to guide to transforming your next event right into a smashing success. Before diving into the world of event management, let’s uncover the highest five explanation why trade shows tend to fail:

1. Lack of Clear Objectives

Picture this: you’ve poured your heart and soul into organizing an event, but when the dust settles, you realize you’re not quite sure what you were trying to achieve in the primary place. Without clear objectives, your event is sort of a ship and not using a compass—destined to drift aimlessly. Clear objectives are your roadmap, guiding decisions and ensuring measurable results. Whether it’s lead generation, brand awareness, or establishing partnerships, having a goal keeps your efforts focused and impactful.

2. Poor Planning

The devil is in the small print! Trade shows are complex marketing activities that encompass nearly all marketing techniques and tools: emailing, promoting, PR, social media promotion, storytelling, videos, and way more. 

Part of this planning can also be marketing automation with a CRM tool corresponding to Hubspot, aimed at tracking activities, nurturing leads, and measuring all marketing efforts as they translate into ROI.  A well-planned show considers all these elements and develops a technique that maximizes its effectiveness.

3. Ignoring Staff Training

While salespeople make the most effective booth staff, smaller corporations might also need to send engineering staff. Don’t neglect training! Coach them on how to discover and qualify leads, and the way to integrate their technical expertise into sales conversations.

(*5*)4. Spending Time and Effort on the Wrong Things

Each trade show has two sides—logistics and marketing. While many corporations focus heavily on logistics (booth design, shipping, services, and rental space), they often overlook that the marketing aspect yields the best return on investment. This includes crafting compelling messaging, leveraging social media for promotion, offering memorable giveaways, and executing post-show follow-ups. Prioritize where your efforts will truly make an impact to maximize your trade show success.

5. Failure to Measure Success

The lights have dimmed and the guests have gone home—but how do if the event was successful? Without proper metrics in place to measure success, you’re left in the dead of night. So, when it comes to deciding on the subsequent trade show, how will you make your call? Were your objectives met?

5 Reasons Why Trade Shows Succeed

On the flip side, listed here are the highest five explanation why trade shows succeed:

1. Engaging and Memorable Experiences

Successful events create unforgettable experiences that leave an enduring impression on attendees. As Sarit Lamerovich, Founder and CEO of SAGE Marketing, at all times says: “Facts tell, stories sell.” Tell your story creatively, delight your audience, and stand out from the group.

2. Strategic Partnerships and Collaborations

Two heads are higher than one. By leveraging strategic partnerships and collaborations with like-minded organizations or influencers, you’ll be able to amplify your event’s reach, tap into recent audiences, and create something truly extraordinary.

3. One-Stop-Shop for Potential Clients

Trade shows function a convenient hub where potential clients can explore quite a lot of businesses and their offerings in a single location. This central platform simplifies the method for attendees, making it easier for them to discover, compare, and interact with different corporations, ultimately facilitating precious connections and transactions.

4. Premier Platform for Product Launches

Trade shows are the final word stage for unveiling recent services or products to a targeted audience searching for the newest trends. Launching at a trade show guarantees excitement, feedback, and initial sales, setting the stage for long-term success.

5. Creative Showcase Opportunities

Trade shows are a playground for creativity! From interactive demos and hands-on trials to immersive experiences and jaw-dropping displays, trade shows offer a dynamic platform for showcasing services and products in ways in which digital campaigns or PR efforts simply can’t match.

All You Need to Know Before, During, and After the Show

Before the Show: Planning the Event

Setting Objectives

Every successful event starts with clear objectives that serve because the guiding light throughout the planning process. Delve deep into what you hope to achieve together with your event. Are you introducing a recent product? Increasing brand awareness? Generating leads? Establishing these goals upfront ensures all elements of your event are aligned.

Show Selection

Choosing the best event is paramount. It’s like finding the proper stage in your performance—one which resonates together with your target market and offers ample opportunities for exposure and engagement. Establish a set of criteria to evaluate the show in light of your organization’s objectives.

Booth Design & Attraction

Deciding whether to put money into a booth relies on your objectives, budget, and the character of the event. A well-designed booth can function a strong centerpiece, attracting attention and facilitating meaningful interactions with attendees. Consider aspects corresponding to booth location, size, and design options to create a visually appealing and interesting space that reflects your brand.

Pre-Show Branding Essentials

Create a cohesive identity that pulls attendees in and positions you for achievement. Invest in creating marketing collateral corresponding to handouts, a video presentation, a demo video, and a few “on-brand” swag. Also, consider appearance with skilled name tags, establishing a dress code, and using email signatures and banners to extend your reach and recognition recall. 

During the Show: Marketing and Engagement

Presenting Your Products

Create an interesting and interactive experience for attendees by showcasing your offerings compellingly. Utilize demonstrations, samples, or multimedia presentations to highlight key features and advantages.

Working the Booth

Engage proactively with attendees, initiate conversations, and listen attentively to their needs and challenges. Offer solutions and display how your services or products can address their pain points. Remember to collect contact information and follow up with promising leads immediately. 

Gathering Business Intelligence

While engaging with attendees, gather precious business intelligence. Pay attention to trends, preferences, and feedback shared by prospects and competitors alike. This information can aid you refine your marketing approach moving forward.

After the Show: Following Up and Measuring Success

Follow-Up Emails

Reach out to leads promptly with personalized follow-up emails, from inside CRMs corresponding to Hubspot, thanking them for visiting your booth and expressing interest in your services or products. Using information collected on leads at the event, together with Hubspot’s granulated tracking, you’ll be able to provide essentially the most relevant additional information, resources, or special offers to nurture their interest further.

Repurpose Content

Leverage content generated through the event, corresponding to presentations, demos, or testimonials, to create post-event content in your website, blog, or social media channels. The options listed here are quite versatile. 

Nurture Campaigns

Implement targeted nurture campaigns to stay top-of-mind with leads and guide them through the sales funnel. Segment leads based on their interests, behaviors, and engagement levels, and deliver relevant content or offers tailored to their needs.

Measuring Success and ROI

Set key performance indicators (KPIs) before the event to evaluate its success effectively. Common KPIs include the variety of leads collected, qualified leads, customer meetings, and price per lead. The ROI of a trade show will change over time, as the total effect can take weeks and even months to materialize, depending on the sales cycle.

Wrapping Up

Congratulations! By now, you’re equipped with the knowledge and methods to navigate the exciting world of trade shows with confidence. Remember, successful events are about creating unforgettable experiences that leave an enduring impression. With SAGE Marketing by your side, the sky’s the limit. Don’t just attend—make an impact.

Conclusion
To achieve trade show success, it’s essential to set clear goals to maintain focus and measure outcomes. Creating engaging and interactive booth experiences ensures you stand out and leave an enduring impression. Partnering with other businesses can amplify your reach and create a buzz-worthy presence. Additionally, using trade shows as a platform to launch recent products allows you to gather precious feedback and boost sales. With SAGE Marketing’s expertise, the potential for achievement is limitless. Dream big, think creatively, and make a big impact on this planet of B2B event marketing. Don’t just attend—make an impact. See how we might help.

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