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What's Working in Exhibit Sponsorship
 

What's Working in Exhibit Sponsorship

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This presentation provides insights into what industry leaders are doing to find and retain top sponsorship sales people, and other strategies to improve sponsorship sales.

This presentation provides insights into what industry leaders are doing to find and retain top sponsorship sales people, and other strategies to improve sponsorship sales.

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    What's Working in Exhibit Sponsorship What's Working in Exhibit Sponsorship Presentation Transcript

    • What’s Working in Exhibit and Sponsorship Sales? Sam Lippman, Founder and President, Lippman Connects Wendy Loew, Group Show Director, Questex Media Jason Stookey, Vice President Sales, National Association of Broadcasters
    • • Explore how to integrate exhibit and sponsorship sales • Examine ways to find and retain talented sales staff • Develop techniques for building a culture of exceptional customer service Learner Outcomes:
    • • Self-Introductions • Audience demographics polling • Exhibition trends • Find, train, and retain star salespeople • Selling exhibits and sponsorships Agenda
    • • 35 years producing exhibitions, conferences, forums, a nd roundtables • Produced International CES, GRAPH EXPO, and PRINT • Consults in strategic planning, management, and marketing • Facilitates board meetings; user groups; and attendee and exhibitor focus groups • Produce by-invitation events for the exhibition and convention industry Sam Lippman Founder and President Lippman Connects
    • Show Name Attendance Purpose 200 industry executives annually • Exclusively for independent and association executives • Focuses on increasing revenue and the relevance of events 16 attendees 3 times a year • Show managers with at least 125,000 net square feet of exhibit space • Exchanges best practices for large shows 18 attendees 3 times a year • Event marketers focus on ways to find, attract, and retain quality attendees • Tracks lifecycle of attendees • Identifies new prospects and rebuilds lists • Boosts conversion rates 18 attendees 3 times a year • Exhibit sales and service managers share sales technique • Benchmarks exhibit pricing, space assignment, and sponsorships Lippman Connects Events
    • • Manages Questex Technology Events portfolio - trade shows, conferences, hosted buyer summits, and media properties • 25+ years sales management at 1105 Media, Advanstar, and CES • Track record of building strong external and internal relationships • Enjoy creating, launching, and selling integrated programs and new sponsorship opportunities Wendy Loew Group Show Director Questex Media
    • • 18 year Tradeshow Industry Veteran • Joined NAB in October 2011 • Previously worked at TNT Productions, CES, and Hanley Wood Exhibitions • Suggests “Rhinoceros Success” by Scott Robert Alexander as a must read for any sales professional Jason Stookey Vice President Sales National Association of Broadcasters
    • Audience Demographic Polling
    • Exhibition Trends
    • Trends: Technology • Matchmaking/Scheduling being used by 47% of organizers • Effectiveness of these programs (ECEF 2012 Pulse) 23% 23% 35% 19% 18% 31% 35% 16% Not very effective Undecided Somewhat effective Very effective Exhibitors Attendees
    • Trends: Technology • 27% of organizers are extending their physical event online (ECEF 2012 Pulse) • Objectives in extending online: – Strengthen your event’s brand – Increase the number of attendees at future physical events – Offer content to prospects that can’t attend your physical event – New revenue from virtual booths and sponsorships – Increase booth sales at future physical events
    • Trends: New Event Models • Challenges and Opportunities – Hosted buyer programs – Sponsored conferences – Exhibitors hosting private events – Finding the “ROI ratio” for each company
    • Trends: Exhibit Space Pricing • 56% of organizers open to the following new exhibit space pricing (ECEF 2012 Pulse): – 18% Charge based on different sections of the floor – 15% Offer multi-year contracts – 10% Change based on when the space is paid for – 10% Reduce net square foot charge the more space purchased – 2% Charge based on performance – 45% Other
    • Trends: Year-long Engagement • Create reasons to engage throughout the year • Connect with multiple decision makers • Build communities with exhibitors and prospects • Constantly re-book • Use survey data to craft sales message • 80/20 rule: Generate majority of revenue from 20% of clients
    • Find, Train, and Retain Star Salespeople
    • Star Salespeople 41% 14% 14% 24% 28% 28% 41% 30% 8% 23% 17% 24% 24% 26% 0% 10% 20% 30% 40% 50% None Senior level communications people Social media experts Conference session development experts Senior level marketing people Individuals with recognized industry experience and knowledge Senior level sales people ECEF 2012 Pulse: Adding Expert Staff 2012 2011
    • Star Salespeople Five of top six threats are exhibitor-related (ECEF 2012 Pulse): 1. M&A reducing exhibitor base 2. Exhibitors downsizing exhibit space 3. Exhibitors downsizing sponsorships 4. International exhibitors unable to get in the U.S. 5. Exhibitors cancelling booths
    • Star Salespeople 31% of exhibition producers increased their exhibit space and sponsorship sales budget in the past year (ECEF 2012 Pulse)
    • Star Salespeople: Motivation • Compensation • Contests and spifs • Managing a non-performer
    • Selling Exhibits and Sponsorships
    • ECEF 2012 On-site Polling Results • Which of the following is top of mind for exhibitors? 2% 21% 31% 46% 0% 10% 20% 30% 40% 50% Cost shifing from show management to exhibitors Cost of exhibiting continually increasing Show management providing measurement tools/data Creating compelling experiences for attendees
    • Exhibit Space and Sponsorship Sales • Create customized sponsorships, media opportunities, and digital offerings • Work with exhibitors to develop powerful sponsorships • Create bundled, integrated proposals • Sell marketing solutions, not concrete or ad space
    • Thank you For more information, please contact: Sam Lippman Sam@LippmanConnects.com www.LippmanConnects.com Wendy Loew wloew@questex.com Jason Stookey jstookey@nab.org