5 Ways A Trade Show Can Benefit Your Business
/There are lots of avenues for spreading the word about your business with technology and social media, but nothing can quite compare to good old-fashioned face-to-face interactions. Having a presence at a trade show brings opportunities not only to meet locals in the area, but also people from around the country, or even from across the globe who can take home word about your brand with them. According to the Trade Show News Network, 78% of trade show attendees travel more than 400 miles to attend the events.
There are many other ways your business can benefit from a trade show as outlined below.
Creating A Lasting Impression
Expanding on the importance of in-person interactions, with so much marketing done online, remember there is nothing quite like the value of creating a first impression face-to-face. Having your brand on display in a booth at a trade show is a great way to gain attention while gathering feedback on your products and services. Thousands of people attend trade shows, and it’s the perfect opportunity to create a positive impression that lasts.
Media Exposure
With most trade shows, the media is typically there to report on the event and its activities, which brings more opportunity for exposure – and it’s all free advertising. An exposition trade show can be the perfect opportunity to take advantage of the media – you never know, your booth could end up on TV, in the local paper or splashed across the Internet. If your booth looks appealing, it can make all the difference when it comes to increasing sales.
Improved Reputation
Small businesses often find themselves competing for a place in their own industry, as it can take both time and money to stand out. At trade shows, however, small companies have the opportunity to rent a booth and really get themselves out there among the bigger brands in the industry. All it takes is a few people to notice and help spread the word.
Onsite Sales
Having a booth at a trade show can also get you sales right on the spot. While some may find what you offer interesting and then go home and tell their friends about it, providing you with potential for new customers, trade shows often bring opportunities for in-person sales too. This is the perfect time to hand out discounts and coupons to keep your brand at the forefront of potential customers’ minds even after they leave the venue, while providing the incentive to buy.
Meeting Locals
If you’re a small business and make a presence at your local trade show, it’s a great way to get to know people in the area. It’s all in the maths - the more people you meet, the faster word will spread about your business. Trade shows are a great opportunity to network and give your business momentum for sales, as well as the chance to collaborate with other local businesses.
When it comes to the sales team, understanding the difference between sales management and account management is key. Both roles are essential to a business’s success, but their responsibilities and goals often overlap in ways that can be confusing. By focusing on how these roles work together, businesses can get the most from their teams.