Search Button
Net Express Sections
The Indian Express

The Financial Express


Latest News

EIW


Market Indicators


Screen

Express Computers

Graffiti

Crossword




Advertisers Forum

Travel & Tourism

Information Technology

Drumbeat: Ad Buzzaar

Astrosurf

Eco-India

Dr Know

Screen: The Business of Entertainment

Career India

Business Forum

Match Maker

Express Properties


Corporate

Economy

Expressions

Markets

Leisure

 

Monday, May 4, 1998

How to leverage trade shows 

Manjula Sen  
Mumbai, May 3: One of the keys to successfully working at a trade show is to develop sales strategies for three types of prospects. American Salesman magazine defines these prospects as:

* Window shoppers -- Use a casual, conversational approach.

* Curious, "toe-dippers" -- Answer questions with explanations and demonstrations.

* Highly interested "bull-in-the-china-shop" types -- Give detailed information and ask for the business. Increasing numbers of home-based entrepreneurs recognize that trade shows offer one of the most cost-effective, immediate-response methods for marketing and sales. For Rs 20,000 upwards, they offer the ability to show and sell pre-qualified prospects products and services -- all from the friendly confines of a 10-by-10-foot cubicle.

Other ways to maximize awareness of your participation in upcoming shows might include sending postcards or self-mailers with a "quick read" message inviting prospects to your booth. Mail them two weeks before the show, and follow up withphone calls setting up appointments and inquiring about what they want to see. Pre-show messages can also offer a "show discount," announcement of a new product, demonstration or booth drawing for a major prize. Make sure the prize is either your service or a gift related to your line of work. While some participants attend the shows to sell products others may have different goals. Some use trade shows to make contacts, develop a mailing list, close sales or intensify already-established relationships.

It's also a good opportunity to arrange follow-up meetings with "hot leads," as well as meet new information sources and suppliers. One of the often-overlooked markets at trade shows are other exhibitors, who should be considered prospects as well. The typical trade show booth comes with a skirted table and curtain backdrop. Some businesses take the unimaginative approach and just spread products and literature out on the table. Savvy ones design their booth space as a sales area or use a portable tradeshow booth that allows them to attach enlarged photos, signs and other graphics to attract attention. One of the selling points specialists recommends for would-be trade show participants is to have a unique product or service. An expert advises trade show vendors to "be flexible and adjust to market demands, especially if what you're selling is available everywhere."

Copyright © 1998 Indian Express Newspapers (Bombay) Ltd.



Syndicate Bank

Pidilite

Bank of India

 

Touchwood: Make Big Money Thru' Legitimate Means