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Evaluation of trade
  fair participation



      Bogota, Colombia
     September      2012


            Joost Pierrot &
         Christophe Landuyt
Evaluation of trade fair participation

  Advanced evaluation of the team performance gives the
  exhibitor or the coordinator a tool to permanently improve
  the output and the profitability of trade fair participation.
  For the members of the booth team, a critical analysis can
  be both very informative and very motivating.

  Success:     -   minimalist approach vs. maximalist approach
               -   time factor (industry and company specific)
               -   quantitative vs. qualitative approach
               -   financial balance
Evaluation of trade fair participation
  The evaluation of trade fair participations is closely related to
  the Return On Investment (ROI) of a show.
  To ascertain if the participation was successful or not, the
  exhibitor needs to calculate how much resources (money,
  man-hours, other investments) have been used for the
  participation and how much benefits he got out of the show.

  At present, there are several models in use which differ very
  much. These models transform quantitative and qualitative
  returns into uniform scales.

  The Auma ''Trade Fair Benefit Check" is designed to measure
  the benefits of trade show participation on a wide scale,
  taking into consideration the monetary equivalent of
  qualitative and quantitative returns.
Evaluation of trade fair participation


  EXERCISE:

http://www.auma-messen.de/mnc/e/mnc-e.html
Evaluation of trade fair participation

    Performance testing:
       - during the show
             - quantitative
             - qualitative

        - after the show (x 2)
               - quantitative
               - qualitative
Evaluation of trade fair participation

  Performance testing during the show:

     - Count distributed material
     - Count stand visitors

     - Observation of stand visitors
     - Interviews with stand visitors
     - Assessment of visitor records
Evaluation of trade fair participation

 Performance testing during the show:

     - Count distributed material (interests/language)
     - Count stand visitors (accessibility, visibility, location)

     - Observation of stand visitors (routing, fixation duration)
     - Interviews with stand visitors ('5-'20, computer, exp.)
     - Assessment of visitor records (demographics)
Evaluation of trade fair participation


 Performance testing after the show:

     - Invitation resonance analysis (direct mail)
     - Visitor statistics analysis (choice of trade show)

     - Interviews with stand visitors (4 weeks)
     - Interviews with booth staff (1-2 weeks)
Evaluation of trade fair participation

   After the show:Budget check

       - Deviation analysis

       - Calculation of coefficients
Evaluation of
                                  Planned   Actual costs
trade fair                        costs €             €
                                                           Deviation €

participation   Rental of stand     6.200         6.200              0

                Power Supply         600            650             50

                Other basic
                                    1.250         1.290             40
                   costs
                Construction        8.450        12.100          3.650

                Equipment           1.800         1.860             60

                Design              1.900         2.300            400

                Depreciation         600            600              0

                Stand Service       1.750         1.750              0

                Communication       2.200         2.350            150

                Transport           1.300         1.300              0

                Personnel costs     5.350         6.000            650

                Travel costs        3.100         3.300            200

                Other costs         1.850         1.900             50
                TOTAL              36.400        41.650          5.250
Evaluation of trade fair participation


  Budget check : Calculation of coefficients

      - Aim:     - comparing different trade fairs
                 - comparing different marketing tools


      - How:     - recording of different data from different
                   sources: turnovers, costs, marginal
                   contributions…
Evaluation of trade fair participation

   Trade show coefficient I:

       value of turnover at the show
                                       X 1000
       cost of participation


   Trade show coefficient II:

       value of turnover at the show
       and four months afterwards
       cost of participation           X 1000
What have we learned
from this presentation?

1) A thorough evaluation helps to improve the
performance of both the project manager and
the booth team.

2) Evaluation should be built-in in the activities
and carried out during the show.

3) Evaluation contains qualitative and
quantitative elements, to be measured
immediately after the show and further afield.
For more information:



 www.cbi.eu

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Planeando y presupuestando la participación en la feria internacional

  • 1. Evaluation of trade fair participation Bogota, Colombia September 2012 Joost Pierrot & Christophe Landuyt
  • 2. Evaluation of trade fair participation Advanced evaluation of the team performance gives the exhibitor or the coordinator a tool to permanently improve the output and the profitability of trade fair participation. For the members of the booth team, a critical analysis can be both very informative and very motivating. Success: - minimalist approach vs. maximalist approach - time factor (industry and company specific) - quantitative vs. qualitative approach - financial balance
  • 3. Evaluation of trade fair participation The evaluation of trade fair participations is closely related to the Return On Investment (ROI) of a show. To ascertain if the participation was successful or not, the exhibitor needs to calculate how much resources (money, man-hours, other investments) have been used for the participation and how much benefits he got out of the show. At present, there are several models in use which differ very much. These models transform quantitative and qualitative returns into uniform scales. The Auma ''Trade Fair Benefit Check" is designed to measure the benefits of trade show participation on a wide scale, taking into consideration the monetary equivalent of qualitative and quantitative returns.
  • 4. Evaluation of trade fair participation EXERCISE: http://www.auma-messen.de/mnc/e/mnc-e.html
  • 5. Evaluation of trade fair participation Performance testing: - during the show - quantitative - qualitative - after the show (x 2) - quantitative - qualitative
  • 6. Evaluation of trade fair participation Performance testing during the show: - Count distributed material - Count stand visitors - Observation of stand visitors - Interviews with stand visitors - Assessment of visitor records
  • 7. Evaluation of trade fair participation Performance testing during the show: - Count distributed material (interests/language) - Count stand visitors (accessibility, visibility, location) - Observation of stand visitors (routing, fixation duration) - Interviews with stand visitors ('5-'20, computer, exp.) - Assessment of visitor records (demographics)
  • 8. Evaluation of trade fair participation Performance testing after the show: - Invitation resonance analysis (direct mail) - Visitor statistics analysis (choice of trade show) - Interviews with stand visitors (4 weeks) - Interviews with booth staff (1-2 weeks)
  • 9. Evaluation of trade fair participation After the show:Budget check - Deviation analysis - Calculation of coefficients
  • 10. Evaluation of Planned Actual costs trade fair costs € € Deviation € participation Rental of stand 6.200 6.200 0 Power Supply 600 650 50 Other basic 1.250 1.290 40 costs Construction 8.450 12.100 3.650 Equipment 1.800 1.860 60 Design 1.900 2.300 400 Depreciation 600 600 0 Stand Service 1.750 1.750 0 Communication 2.200 2.350 150 Transport 1.300 1.300 0 Personnel costs 5.350 6.000 650 Travel costs 3.100 3.300 200 Other costs 1.850 1.900 50 TOTAL 36.400 41.650 5.250
  • 11. Evaluation of trade fair participation Budget check : Calculation of coefficients - Aim: - comparing different trade fairs - comparing different marketing tools - How: - recording of different data from different sources: turnovers, costs, marginal contributions…
  • 12. Evaluation of trade fair participation Trade show coefficient I: value of turnover at the show X 1000 cost of participation Trade show coefficient II: value of turnover at the show and four months afterwards cost of participation X 1000
  • 13. What have we learned from this presentation? 1) A thorough evaluation helps to improve the performance of both the project manager and the booth team. 2) Evaluation should be built-in in the activities and carried out during the show. 3) Evaluation contains qualitative and quantitative elements, to be measured immediately after the show and further afield.
  • 14.
  • 15. For more information: www.cbi.eu