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Opportunities	
  for	
  Asia	
  in	
  the	
  US	
  
Presented	
  by	
  Stephanie	
  Selesnick,	
  CEM	
  
President,	
  International	
  Trade	
  Information,	
  Inc.	
  
March	
  2,	
  2018,	
  UFI	
  Asia	
  Pacific	
  Conference,	
  Kuala	
  Lumpur,	
  Malaysia	
  
@StephSelesnick	
  /	
  Stephanie@intltradeinfo.com	
  
www.InternationalTradeInformation.com	
  
Introduction	
  
•  About	
  Me	
  
•  The	
  US	
  Exhibition	
  Market	
  
•  General	
  Tips	
  
•  Tips	
  for	
  Organizers	
  to	
  Recruit	
  Pavilions	
  &	
  Exhibitors	
  
•  Tips	
  for	
  Venues	
  to	
  Recruit	
  Shows	
  
•  Conclusion	
  
The	
  US	
  Exhibition	
  Market 	
  	
  
•  Over	
  9400	
  trade	
  shows	
  (b2b)	
  annually	
  (2015)	
  
•  Largest	
  exhibition	
  is	
  CES®	
  with	
  2.5	
  million	
  square	
  feet	
  
and	
  175,000	
  trade	
  visitors	
  (capped)	
  
•  Venues	
  are	
  over	
  90%	
  publicly	
  owned	
  &	
  receive	
  tax	
  
dollars	
  (%	
  of	
  hotel	
  taxes/city	
  taxes)	
  
The	
  US	
  Market	
  -­‐	
  Expos	
  
•  65%	
  NGO’s,	
  35%	
  For	
  Profit	
  	
  
–  Some	
  say	
  it’s	
  60/40	
  or	
  70/30	
  
–  NGO’s	
  are	
  primarily	
  National,	
  not	
  
International	
  
•  Very	
  Domestic	
  –	
  internal	
  market	
  is	
  huge	
  
•  Expos	
  do	
  not	
  require	
  government	
  
permission	
  or	
  licenses	
  
US	
  Politics	
  
Latest	
  US	
  Expo	
  Census	
  Figures	
  
•  NSM	
  –	
  8.17	
  million	
  square	
  meters	
  in	
  North	
  
America*
•  Attendees	
  –	
  32.5	
  million
•  Exhibitors	
  –	
  1.3	
  million
•  Revenues	
  –	
  $10.2	
  billion	
  
*UFI	
  World	
  Map	
  of	
  	
  Venues	
  2017	
  
The	
  US	
  Market	
  -­‐	
  Venues	
  
•  Most	
  (over	
  90%)	
  of	
  Convention	
  Centers	
  are	
  
owned	
  by	
  Cities	
  
–  Not	
  fairgrounds,	
  usually	
  good	
  mixture	
  of	
  meeting	
  
space	
  &	
  exhibit	
  floor	
  
–  Receive	
  a	
  portion	
  of	
  hotel	
  (city)	
  taxes	
  
–  Loss	
  leaders	
  (changing,	
  but	
  still…)	
  
US	
  Venues 	
  	
  
•  394	
  venues	
  in	
  North	
  America,	
  with	
  
326	
  Convention	
  Centers	
  in	
  the	
  US	
  
(19.7%	
  of	
  venues	
  with	
  200,00+	
  sq.	
  m	
  
inside	
  space)	
  
•  3	
  of	
  the	
  top	
  10	
  are	
  in	
  Las	
  Vegas	
  
•  Largest	
  venue:	
  McCormick	
  Place	
  in	
  
Chicago,	
  Illinois	
  at	
  2.6	
  million	
  square	
  
feet	
  (#10	
  in	
  the	
  world)	
  
*UFI	
  World	
  Map	
  of	
  	
  Venues	
  2017	
  
US	
  Market	
  -­‐	
  Venues	
  
•  The	
  number	
  of	
  hotel	
  rooms	
  booked	
  decides	
  priorities	
  and	
  
allocation	
  of	
  exhibit	
  and	
  meeting	
  space	
  
•  Very	
  few	
  produce	
  their	
  own	
  exhibitions	
  or	
  subsidize/
partner	
  with	
  clients	
  
•  Largest:	
  Las	
  Vegas,	
  Chicago,	
  Orlando,	
  Atlanta,	
  New	
  
Orleans,	
  Louisville,	
  Houston	
  
Factors	
  Against	
  Going	
  Offshore	
  
Most	
  don’t	
  need	
  to	
  go	
  offshore,	
  but	
  look	
  to	
  attract	
  exhibitors	
  and	
  
buyers	
  to	
  the	
  US	
  
People	
  &	
  companies	
  are	
  
nervous	
  about	
  going	
  abroad	
  
	
  
Concerns:	
  intellectual	
  
property	
  theft,	
  language	
  
barriers,	
  safety,	
  risk	
  adverse	
  
	
  
Marketing	
  to	
  the	
  US	
  
•  Numbers	
  are	
  not	
  enough	
  
–  You	
  are	
  selling	
  a	
  market	
  
–  What	
  are	
  you	
  offering	
  besides	
  real	
  
estate?	
  
•  No	
  WeChat;	
  LinkedIn,	
  Twitter,	
  
Instagram,	
  FB	
  instead	
  
•  Quick	
  response	
  times	
  are	
  a	
  must!	
  
Features	
  Tell,	
  but	
  Benefits	
  Sell	
  
Image	
  Via	
  Web	
  Monk	
  
Turn	
  these	
  features	
  into	
  benefits	
  
1.  We	
  have	
  30,000	
  visitors	
  at	
  our	
  show	
  
2.  There	
  are	
  5	
  million	
  people	
  in	
  our	
  city	
  
General	
  Tips	
  
•  Why	
  should	
  they	
  come	
  to	
  your	
  country?	
  (WIIFM)	
  
•  Education	
  on	
  your	
  market	
  
•  What	
  are	
  the	
  growth	
  industries?	
  
–  Buyers	
  –	
  how	
  many	
  are	
  qualified	
  and	
  where	
  are	
  they	
  located?	
  
–  Will	
  they	
  travel	
  to	
  a	
  show?	
  How	
  far?	
  	
  
General	
  Tips!	
  
Steps	
  to	
  entry	
  …	
  	
  
–  What	
  are	
  the	
  steps	
  a	
  show	
  or	
  company	
  needs	
  to	
  take	
  
to	
  enter	
  a	
  new	
  market?	
  
–  Do	
  they	
  have	
  to	
  establish	
  an	
  office	
  and	
  all	
  that	
  
entails?	
  	
  Is	
  it	
  hard	
  to	
  do?	
  What’s	
  the	
  cost?	
  
–  How	
  does	
  distribution	
  in	
  your	
  country/region	
  work?	
  
Tips	
  for	
  Organizers	
  
•  Very	
  few	
  international	
  sales	
  agencies	
  	
  
•  Who	
  organizes	
  Pavilions?	
  
–  Other	
  Shows	
  
–  Associations	
  
•  Limited	
  or	
  no	
  subsidies	
  
•  Relationships!	
  	
  	
  
–  SISO,	
  	
  IAEE	
  and	
  Consultants	
  are	
  the	
  best	
  opportunities	
  to	
  meet	
  organizers	
  
–  Hand	
  Shake	
  Deals	
  
Image	
  via	
  Kallman	
  Worldwide	
  
Tips	
  for	
  Venues	
  
Do	
  	
  Your	
  Market	
  Research!	
  
•  What	
  industries	
  have	
  no	
  major	
  international	
  shows	
  in	
  your	
  venue/country/
region?	
  	
  
•  What	
  is	
  product	
  distribution	
  like	
  for	
  industries?	
  
•  Do	
  organizers	
  have	
  to	
  establish	
  an	
  office	
  and	
  all	
  that	
  entails?	
  	
  	
  
•  Is	
  it	
  hard	
  to	
  do?	
  	
  What’s	
  the	
  cost?	
  
•  What	
  are	
  the	
  government	
  rules	
  and	
  restrictions?	
  
•  Prices	
  –	
  is	
  there	
  a	
  first	
  time	
  show	
  discount?	
  	
  	
  
Tips	
  for	
  Venues	
  
What	
  does	
  your	
  venue	
  offer	
  that	
  the	
  competition	
  does	
  not?	
  	
  
Tips	
  for	
  Venues	
  
•  Smaller	
  sales	
  universe	
  than	
  you	
  would	
  think	
  
or	
  expect	
  
•  Decision	
  to	
  go	
  abroad	
  is	
  driven	
  by	
  
exhibitors,	
  US	
  market	
  maturity	
  and	
  the	
  
potential	
  in	
  your	
  country’s	
  market	
  
•  How	
  many	
  potential	
  local	
  exhibitors	
  are	
  
there?	
  	
  
Conclusion	
  
•  US	
  market	
  is	
  huge	
  and	
  very	
  domestic	
  
•  Marketing	
  is	
  more	
  than	
  numbers	
  
•  Pavilions	
  for	
  SME’s	
  
•  Venues	
  –	
  why	
  your	
  country	
  and	
  your	
  venue?	
  
Final	
  Thought	
  
	
  	
  	
  	
  	
  You	
  cannot	
  keep	
  doing	
  what	
  you	
  have	
  been	
  
doing	
  to	
  attract	
  new	
  business	
  from	
  the	
  U.S.	
  	
  
	
  	
  	
  	
  	
  Think	
  outside	
  the	
  box	
  to	
  get	
  US	
  risk-­‐adverse	
  
companies	
  &	
  expos	
  to	
  come	
  to	
  your	
  show,	
  venue	
  
and/or	
  country.	
  	
  
Opportunities	
  for	
  Asia	
  in	
  the	
  US	
  
Stephanie	
  Selesnick,	
  President	
  ITI	
  
@StephSelesnick	
  
stephanie@intltradeinfo.com	
  
Linkedin.com/in/StephanieSelesnick	
  

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Opportunities for Asia in the US UFI Asia Pacific Conference 2018

  • 1. Opportunities  for  Asia  in  the  US   Presented  by  Stephanie  Selesnick,  CEM   President,  International  Trade  Information,  Inc.   March  2,  2018,  UFI  Asia  Pacific  Conference,  Kuala  Lumpur,  Malaysia   @StephSelesnick  /  Stephanie@intltradeinfo.com   www.InternationalTradeInformation.com  
  • 2. Introduction   •  About  Me   •  The  US  Exhibition  Market   •  General  Tips   •  Tips  for  Organizers  to  Recruit  Pavilions  &  Exhibitors   •  Tips  for  Venues  to  Recruit  Shows   •  Conclusion  
  • 3. The  US  Exhibition  Market     •  Over  9400  trade  shows  (b2b)  annually  (2015)   •  Largest  exhibition  is  CES®  with  2.5  million  square  feet   and  175,000  trade  visitors  (capped)   •  Venues  are  over  90%  publicly  owned  &  receive  tax   dollars  (%  of  hotel  taxes/city  taxes)  
  • 4. The  US  Market  -­‐  Expos   •  65%  NGO’s,  35%  For  Profit     –  Some  say  it’s  60/40  or  70/30   –  NGO’s  are  primarily  National,  not   International   •  Very  Domestic  –  internal  market  is  huge   •  Expos  do  not  require  government   permission  or  licenses  
  • 6. Latest  US  Expo  Census  Figures   •  NSM  –  8.17  million  square  meters  in  North   America* •  Attendees  –  32.5  million •  Exhibitors  –  1.3  million •  Revenues  –  $10.2  billion   *UFI  World  Map  of    Venues  2017  
  • 7. The  US  Market  -­‐  Venues   •  Most  (over  90%)  of  Convention  Centers  are   owned  by  Cities   –  Not  fairgrounds,  usually  good  mixture  of  meeting   space  &  exhibit  floor   –  Receive  a  portion  of  hotel  (city)  taxes   –  Loss  leaders  (changing,  but  still…)  
  • 8. US  Venues     •  394  venues  in  North  America,  with   326  Convention  Centers  in  the  US   (19.7%  of  venues  with  200,00+  sq.  m   inside  space)   •  3  of  the  top  10  are  in  Las  Vegas   •  Largest  venue:  McCormick  Place  in   Chicago,  Illinois  at  2.6  million  square   feet  (#10  in  the  world)   *UFI  World  Map  of    Venues  2017  
  • 9. US  Market  -­‐  Venues   •  The  number  of  hotel  rooms  booked  decides  priorities  and   allocation  of  exhibit  and  meeting  space   •  Very  few  produce  their  own  exhibitions  or  subsidize/ partner  with  clients   •  Largest:  Las  Vegas,  Chicago,  Orlando,  Atlanta,  New   Orleans,  Louisville,  Houston  
  • 10. Factors  Against  Going  Offshore   Most  don’t  need  to  go  offshore,  but  look  to  attract  exhibitors  and   buyers  to  the  US   People  &  companies  are   nervous  about  going  abroad     Concerns:  intellectual   property  theft,  language   barriers,  safety,  risk  adverse    
  • 11. Marketing  to  the  US   •  Numbers  are  not  enough   –  You  are  selling  a  market   –  What  are  you  offering  besides  real   estate?   •  No  WeChat;  LinkedIn,  Twitter,   Instagram,  FB  instead   •  Quick  response  times  are  a  must!  
  • 12. Features  Tell,  but  Benefits  Sell   Image  Via  Web  Monk  
  • 13. Turn  these  features  into  benefits   1.  We  have  30,000  visitors  at  our  show   2.  There  are  5  million  people  in  our  city  
  • 14. General  Tips   •  Why  should  they  come  to  your  country?  (WIIFM)   •  Education  on  your  market   •  What  are  the  growth  industries?   –  Buyers  –  how  many  are  qualified  and  where  are  they  located?   –  Will  they  travel  to  a  show?  How  far?    
  • 15. General  Tips!   Steps  to  entry  …     –  What  are  the  steps  a  show  or  company  needs  to  take   to  enter  a  new  market?   –  Do  they  have  to  establish  an  office  and  all  that   entails?    Is  it  hard  to  do?  What’s  the  cost?   –  How  does  distribution  in  your  country/region  work?  
  • 16. Tips  for  Organizers   •  Very  few  international  sales  agencies     •  Who  organizes  Pavilions?   –  Other  Shows   –  Associations   •  Limited  or  no  subsidies   •  Relationships!       –  SISO,    IAEE  and  Consultants  are  the  best  opportunities  to  meet  organizers   –  Hand  Shake  Deals   Image  via  Kallman  Worldwide  
  • 17. Tips  for  Venues   Do    Your  Market  Research!   •  What  industries  have  no  major  international  shows  in  your  venue/country/ region?     •  What  is  product  distribution  like  for  industries?   •  Do  organizers  have  to  establish  an  office  and  all  that  entails?       •  Is  it  hard  to  do?    What’s  the  cost?   •  What  are  the  government  rules  and  restrictions?   •  Prices  –  is  there  a  first  time  show  discount?      
  • 18. Tips  for  Venues   What  does  your  venue  offer  that  the  competition  does  not?    
  • 19. Tips  for  Venues   •  Smaller  sales  universe  than  you  would  think   or  expect   •  Decision  to  go  abroad  is  driven  by   exhibitors,  US  market  maturity  and  the   potential  in  your  country’s  market   •  How  many  potential  local  exhibitors  are   there?    
  • 20. Conclusion   •  US  market  is  huge  and  very  domestic   •  Marketing  is  more  than  numbers   •  Pavilions  for  SME’s   •  Venues  –  why  your  country  and  your  venue?  
  • 21. Final  Thought            You  cannot  keep  doing  what  you  have  been   doing  to  attract  new  business  from  the  U.S.              Think  outside  the  box  to  get  US  risk-­‐adverse   companies  &  expos  to  come  to  your  show,  venue   and/or  country.    
  • 22. Opportunities  for  Asia  in  the  US   Stephanie  Selesnick,  President  ITI   @StephSelesnick   stephanie@intltradeinfo.com   Linkedin.com/in/StephanieSelesnick