Trade shows can be profitable for companies if executed well, but many companies fail to maximize the opportunities. It is important to have clear expectations that most leads will take time to convert into sales. Companies should establish an ROI goal and follow best practices before, during, and after the show. These include generating pre-show buzz, having an engaging booth presence, and carefully planning and tracking follow-up efforts to nurture leads over the long term. The most important part of event marketing is the follow-up that occurs after the event.
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An outline put together or the really useful things that I would love to have known right at the start of my business journey. So here they are for you.
Learn great sales tips to help you win more deals faster.
Answer all your small business sales questions: How can you tell if a sales lead is the right fit for your business? What marketing channels will generate great leads? How can you better negotiate to win more deals? How can you manage your sales more effectively?
Confusing movement with progress is pretty common in business – with people often running around like headless chickens. But it’s not about how busy you are, it’s about effectiveness: trying to avoid all the timewasting trivia and focusing on the important stuff.
A lion sleeps for over 18 hours day, and yet is still the undisputed king of the beasts. It is the master of minimal effort, maximum return. This is at the heart of the Sleeping Lion approach. For over 12 years, I have been advising companies on how to simplify and improve sales, marketing and business development – through consultancy, workshops and facilitation.
There are a range of tools and exercises available here that draw together Branding, Customer Loyalty, Marketing, Sales, People Development, Productivity, Idea Generation and Business Ethics – everything you need to focus and align your product, people and communication strategies. If you require help with any of these, I can run bespoke training sessions.
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A workshop on how to pitch your startup idea in a pitch competition. Tailored to the Pitch Originator program, run by 'the GENERATOR', Monash University's entrepreneurship support initiative.
An outline put together or the really useful things that I would love to have known right at the start of my business journey. So here they are for you.
Learn great sales tips to help you win more deals faster.
Answer all your small business sales questions: How can you tell if a sales lead is the right fit for your business? What marketing channels will generate great leads? How can you better negotiate to win more deals? How can you manage your sales more effectively?
Confusing movement with progress is pretty common in business – with people often running around like headless chickens. But it’s not about how busy you are, it’s about effectiveness: trying to avoid all the timewasting trivia and focusing on the important stuff.
A lion sleeps for over 18 hours day, and yet is still the undisputed king of the beasts. It is the master of minimal effort, maximum return. This is at the heart of the Sleeping Lion approach. For over 12 years, I have been advising companies on how to simplify and improve sales, marketing and business development – through consultancy, workshops and facilitation.
There are a range of tools and exercises available here that draw together Branding, Customer Loyalty, Marketing, Sales, People Development, Productivity, Idea Generation and Business Ethics – everything you need to focus and align your product, people and communication strategies. If you require help with any of these, I can run bespoke training sessions.
In today's presentation we are going to continue our series on how to start a successful business with an overview of how to write the perfect business plan for your business.
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Virtual conferences and events provide new opportunities for you
to showcase your product or service, meet 1:1 with your current
and potential customers, and listen to the needs of the industry. With such a large investment of time, money, and human resources, it’s no surprise that management expects great returns on each event that your company sponsors.
On behalf of the Content Marketing Institute team, we’re all here to help you. We’re ready for exciting experiences, great ROI for sponsors, and new ways for customers to advance the practice of content marketing because of partner relationships built at our events.
Selling into Uncharted Territory - How Selling into the Market Majority Requi...Ash Alhashim
Many of today's companies are introducing ideas and technologies that change the way people communicate, get around, purchase, work, and live. Though these companies are either disrupting markets or creating entirely new ones, they are still trying to sell to prospects with sales methodologies that were built for companies trying to nab market-share from competitors in commodities markets.
"Selling into Uncharted Territory" is a fresh look at how companies that are creating new markets should approach sales -- by teaching, challenging, and story-telling -- instead of the legacy "finding problems and taking orders" approach.
Our 2nd part of the Startup Series, which tells you all about why the customer is the king, and the need to build value to him or her through your product
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Marketing is key to the success of your business. Our guide features print and promotional products along with marketing tips to help you get 2014 off to a flying start.
30 things 6/7 - MARKETING /SELLING - 30 things that I learned from my start...Suhas Dutta
This is the sixth of the seven part series on my experiences from Entrepreneurship. The previous parts covered the idea formation, the starting, the execution, funding etc.
This part covers marketing and selling your products.
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Sell out the exhibit hall floor and your sponsorships at your convention with these tips from large exhibiting companies; Samsung Techwin, Philips Healthcare, and Monte Carlo SBM - Hotels, Casinos and Spas. These exhibitors weigh in on sponsorships, data, and working with the venue.
Virtual conferences and events provide new opportunities for you
to showcase your product or service, meet 1:1 with your current
and potential customers, and listen to the needs of the industry. With such a large investment of time, money, and human resources, it’s no surprise that management expects great returns on each event that your company sponsors.
On behalf of the Content Marketing Institute team, we’re all here to help you. We’re ready for exciting experiences, great ROI for sponsors, and new ways for customers to advance the practice of content marketing because of partner relationships built at our events.
65% of Exhibitors do not have a clear strategy for their event. They walk in blindly thinking their goal is just “to increase sales” or “to collect as many leads as we can”. Hopeful expectations are worthless if there is no clear plan about to whom you want to sell to, what success looks like, where this fits within your bigger sales and marketing plan, how you are going to get back your return on investment and more.
With the right planning, defense contractors can use trade shows to speed up the sales cycle, reduce the cost of sales, and reach customers, prospects and even “hidden buyers.”
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Throughout the training, we will giving you lots of useful ideas, tips, and techniques along the way to keep enhancing and improving on your delivery.
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This is a sample of how we teach (vs pitch) in prospect pitch meetings. To read the full contact, search "Heinz Marketing how not to pitch at pitch meetings" in Google.
Personal Brand Statement:
As an Army veteran dedicated to lifelong learning, I bring a disciplined, strategic mindset to my pursuits. I am constantly expanding my knowledge to innovate and lead effectively. My journey is driven by a commitment to excellence, and to make a meaningful impact in the world.
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Editable Toolkit to help you reuse our content: 700 Powerpoint slides | 35 Excel sheets | 84 minutes of Video training
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Sustainability has become an increasingly critical topic as the world recognizes the need to protect our planet and its resources for future generations. Sustainability means meeting our current needs without compromising the ability of future generations to meet theirs. It involves long-term planning and consideration of the consequences of our actions. The goal is to create strategies that ensure the long-term viability of People, Planet, and Profit.
Leading companies such as Nike, Toyota, and Siemens are prioritizing sustainable innovation in their business models, setting an example for others to follow. In this Sustainability training presentation, you will learn key concepts, principles, and practices of sustainability applicable across industries. This training aims to create awareness and educate employees, senior executives, consultants, and other key stakeholders, including investors, policymakers, and supply chain partners, on the importance and implementation of sustainability.
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1. Develop a comprehensive understanding of the fundamental principles and concepts that form the foundation of sustainability within corporate environments.
2. Explore the sustainability implementation model, focusing on effective measures and reporting strategies to track and communicate sustainability efforts.
3. Identify and define best practices and critical success factors essential for achieving sustainability goals within organizations.
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2. Principles and Practices of Sustainability
3. Measures and Reporting in Sustainability
4. Sustainability Implementation & Best Practices
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Secrets to successful trade show marketing
1. Secrets To Successful Trade Show Marketing
Events and trade shows represent the channel sales and marketing people everywhere love How To Pro tably Generate
to hate. High costs, LOTS of time (before and during the event), typically followed by Leads and Sales From
Trade Shows 2
less-than-exciting leads and few converted sales. But when executed well, events do have
their place in delivering solid, profitable revenue. You just have to get a few things right. 29 Tips For Making
the Most Of Your
In this report you’ll learn specific best practices for increasing awareness, new leads and Next Trade Show 3
closed business from your next event—with proven ideas to put to work before, during
and after the show. You will learn how to: Trade Show Booth
Best Practices: Observations
• Engage prospects and differentiate your business before you arrive From Dreamforce 4
• Increase foot traffic and conversations at the booth without spending a dime The Most Important
• Train all attending staff to maximize brand presence and lead capture Part Of Event Marketing 5
• Prepare for successful follow-up before the show begins How To Manage and
Measure ROI From
• Establish, track and report on the results and ROI of your event efforts
Events and Trade Shows 6
I hope these tips help you make better use of the time, resources and both hard and soft
costs that go into making an event or trade show more profitable to your business. If you
have any questions or want to talk more about how these tips apply specifically to your
organization, please don’t hesitate to reach out.
Matt Heinz
President, Heinz Marketing Inc
matt@heinzmarketing.com
2. How To Pro tably Generate Leads and Sales From Trade Shows
Trade shows represent the marketing channel sales and How you approach prospects: At the show itself, how
marketing people everywhere love to hate. High costs, do you engage traffic? How do you get browsers to break
LOTS of time (before and during the event), typically fol- their gait, pause in front of your booth, and engage with
lowed by less-than-exciting leads and few converted sales. your staff? What message or offer can your booth staff
But as much as I also typically shy away from trade shows deliver in three seconds or less to a passing attendee that
as a front-line marketing channel for demand generation, will get at least 50 percent of them to stop? It’s likely
they do have their place in delivering solid, profitable rev- something related to your value proposition—a sample, a
enue. You just have to get a few things right. This list is by no-risk trial, or even a challenge. These types of offers will
no means exhaustive, but it’s a start in the right direction. likely generate the most visitors and better prospects.
Pre-show expectations: First and foremost, make sure After-show follow-up: Sadly, this step is ignored, for-
you understand what trade shows can do, and what they gotten or just plain dropped by many sales and market-
likely cannot do. Trade shows are busy, attendees are scat- ing teams. But it’s arguably the most important step of
tered and flustered on the show floor, so having a lot of all. You’ve just invested a significant amount of time and
high-quality conversations that lead to short-term revenue money to capture sales leads early in their purchase cycle.
isn’t likely the expectation you want to set. Fast deals are At the show itself, they were overwhelmed with messages.
bluebirds, with the majority of attendees earlier in the buy- And few of the other exhibitors will do anything coordi-
ing cycle, which means a longer lead time to being ready nated to follow up. Think in advance, before you attend
for your sales pipeline. Most trade show revenue, there- the show, what you want your follow-up to look like.
fore, will be long term. Go into the show with that mind- Whether it’s all from marketing, or combined with some
set and you’re already a step ahead. sales team follow-up directly, plan for this in advance so
your team can hit the ground running as soon as the show
Establish and estimate required ROI: Before going is over. Even if you decide to give attendees a day or two
any further, do the napkin math to make sure your fully- to get home first, having this done beforehand will ensure
burdened spend (including out-of-pocket budget, travel the plan is well executed and measured.
costs, as well as the opportunity cost of the team’s time)
is worth the expected sales. Know up front, before the Nurture nurture nurture: Knowing these leads are early
show is green-lighted, whether it has a chance of being a in their buying cycle, make sure they are added to your
profitable effort, ideally with an expectation of exactly how broader lead nurturing efforts. If you don’t have one, come
many sales need to come directly from attendees. More up with a plan that “touches” these leads on a regular basis
often than not, this ROI will either keep you from wasting with relevant information, messaging and offers to ensure
further time on a show that’s destined to be a failure, or you stay top of mind well after the show. If you made a
at minimum will give you guidance on the investment and good first impression at the booth, that’s a great start. If
strategy required to make it a success. you fail to follow up and build momentum on that early
start after the show, your expected ROI will fall as well.
Pre-show buzz and “appointments”: Get a copy of the
attendee list if possible, and give expected booth visitors— Track results regularly and long-term: If you know
before they’re inundated with messages at the show—a going in that collected leads will likely take longer to close,
reason to stop by. This is where knowing your audience you’re less likely to deem the event a failure after just
and their pain points can make it easy to map that knowl- 30 days of follow-up. But no matter how long your sales
edge to an offer or message that prioritizes a trip to your cycle, measuring conversion and close results from collected
booth over others. If they plan for it, they’re more likely leads is critical. If you’re a Salesforce.com user, putting all
to not only stop by, but invest a little more time in your collected leads into a unique Campaign is your best choice.
presentation. But no matter what you use, have the patience and disci-
pline to watch conversion over time.
2
3. 29 Tips For Making the Most Of Your Next Trade Show
These ideas are tactical, and don’t equally apply to every- • Build a quick-and-easy-to-read one-sheet to educate
one, but something here should spark or accelerate aware- show goers on the ease and profitability of using your
ness, interest, demand and sales from your next event or product. This should be the type of document that stops
trade show. people in their tracks. They immediately see the value of
Before the Show using the product and want to talk with you to order.
• In the collateral, offer usage scenarios.
Objective: Get people to the booth. Create awareness and
recognition so that people recognize your company on the • Have a current customer join you at the booth and be a
showroom floor and stop at your booth as they walk the live testimonial. Alternatively, write up a one-sheet with
exhibit hall. Here are some suggestions for how to strate- customer testimonials or case studies of successful retail-
gically do this: ers who use the product.
• Get social media ID from all attendees (twitter handle,
• Get a list of expected attendees.
Facebook, etc.).
• Target customers you’d like to work with or learn more
• Hire a college kid to hand something out at the door or
about, send them an invitation to visit you at the show.
near the registration table to draw attendees to your booth.
Include your booth number.
• Tweet during the show and invite followers to come by
• Do a pre-show email and/or offer to expected attendees.
your booth.
• Let people know your Twitter handle, and that you will
• If sales are slow, send out an offer via Twitter, “the next
be tweeting during the show.
five people to show up at the booth get XXX in addition
• Get on the pre-show promotions list on the Web site. to the show discount.”
• Consider joint offers with other exhibitors—are there a
After the Show
couple of complimentary exhibitors you could partner
with in advance to drive traffic to your site? Objective: Create long-term, lasting relationships with
• Know what exhibitors are around your booth. Does it prospects that showed interest; build/expand the sales
make sense to contact them and collaborate on a way to pipeline.
get people to both booths? • Thank you to those who purchased at the show.
• Let your website visitors know that you will be at the show. • For those that did not order at the show, categorize and
• Come up with creative ideas to get visitors to prioritize prioritize leads.
your booth. Maybe offer to validate their parking? • Follow-up immediately with personal emails and/or calls
• Compile examples and stories of other customers making to “hottest” buyers.
good $$ using your product in their space (online or • For other leads, it may make sense to prep something
offline). in advance in order to send a message out as soon as
• This could be the most important piece of all this; dem- possible after the show. Speed is very important. Buyers
onstrating directly to prospective buyers that this works have met a lot of people at the show, and you want them
in retail, that it’s profitable, and that it’s a safe bet to try to remember you.
it in their space. • Review your pre-show targeted list of attendees. Were
At the Show there people that you did not get to meet, or collect
contact information from? Consider a separate “Sorry
Objective: Make as many contacts as possible, collect as we missed you” message with an offer to get a demo or
many emails as possible. presentation at their convenience.
• Offer a show discount. XX percent off if customers place • Gather their social media presence (Twitter, blog feeds,
their order at the show. etc.) and follow, retweet and respond to them moving
• Drop business cards in a fishbowl for a prize. forward.
• Offer free samples to all registered buyers. • Keep all contact information in your CRM and use for
• Have contact or order forms available for when you have future e-newsletters, email drip campaigns, etc. Be sure
more in depth conversations. to collect and maintain their permission to be emailed.
• Run a game to get people to stop at the booth.
3
4. Trade Show Booth Best Practices: Observations From Dreamforce
I’m among more than 30,000 people that attended the Value-added takeaways. The best booths at Dreamforce
2010 Dreamforce conference, and it’s as nuts as you offered a book, a how-to guide, a sales automation or
would imagine. I had some time to check out many of the nurture marketing cheat-sheet, something of independent
vendors, new technology and emerging SaaS businesses on but related value that will make me smarter. I don’t want
the trade show floor. to take home a bunch of brochures, that’s what Web sites
I learned a lot, both based on what they’re doing as well are for when I’m back at the office. Give me something I
as how they handled prospective customers walking by. want to read on the plane home, something that will teach
A booth space at Dreamforce costs a LOT of money, so me and demonstrate how much more you can teach me if
I was interested in seeing how some companies capital- we keep working together.
ized on the opportunity, and how others let subtle things The Bad
impact their ability to capture and engage prospects. Scanning badges without context. Unfortunately, “can I
Here are some of my observations—good and bad alike. scan your badge?” isn’t a good example of the scripted five
The Good seconds referenced above. Offer me some value in
exchange for the scan. Even if it’s just to enter a draw-
Making eye contact and saying hello. The best booth ing for an iPad, at least I understand the value being
staffers were engaged, scanning the crowd, and being pro- exchanged. If you want to add me to your mailing list,
active at making direct eye contact and greeting visitors. promise me something valuable in return. Email tips on
This was a great way to get myself and others to break sales automation, for example.
their stride, pause for a moment, return the salutation, and
start to engage on what they do. Many booths failed to Failing to qualify. If you don’t know who I am, what I
do this. Eyes down and watching your Blackberry is not a do, what I need, how do you know it’s worth giving me a
good way to get prospects. five minute deep-dive on your product? Not every booth
visitor is a good lead, not every booth visitor should be
Script the first five seconds. It was very clear which pitched the same way. Know my role and my objective first.
booths had thought beforehand about their value propo-
sition, and what specific handful of words would get the Scanning for someone better. If I’m talking to you, at
most visitors to say “wow, tell me more.” Your first few least pretend that you’re interested in our conversation.
words, those first five seconds of your introduction, will It’s obvious when you’re scanning to see if someone better
help me decide if I’m going to learn more or move on. walks by.
State your benefits in bold letters. If I’m walking by, Ignoring loiterers. If I pause on my own, stop and stare
deciding which booth to visit, I need a reason to stop. If at your booth on my own, I’m interested. I don’t under-
I’m scanning the booth, I want to see words that imply stand why I’m not immediately engaged with a handshake
what I’ll achieve by working with you. I don’t want you to and welcome, especially when booth staffers are looking
tell me you’re a cloud-based application. I don’t need a list at and around me anyway. If you’re already busy giving a
of features. What will it do for me? Why should I take the demo to someone else, take a quick moment to welcome
time to learn more? It’s part of the hook, part of getting me into the conversation. Make me feel welcome, other-
prospects to stop and engage. wise I’m likely to move on.
Move longer conversations out of traffic flow. Especial- Check your email. We’ve all done this at trade show
ly in a crowded exhibit hall, once you’ve identified some- booths. It’s bad. If you really must check your email, make
one who wants to learn more or see a demo, get them out sure your booth is staffed by someone else and walk a few
of the aisle and into your booth. Move there somewhere feet away to do your business.
you can have a more direct, less-distracted conversation. Brag about your hangover. It’s not a badge of honor.
This will add more value to that deeper conversation, plus Yes, we may all have had too much fun last night. But
allow more prospects in the flow of traffic to walk by and you’re here this morning to work.
engage with others working your booth.
4
5. The Most Important Part Of Event Marketing
Two months after the Dreamforce show, the full messen- There’s no way you can remember everybody, everything.
ger bag I brought back still sat untouched in my office. All that money spent by sponsors and exhibitors to get your
Unopened. Forgotten. Full of collateral, sales sheets, white attention. And it worked. At least it worked at the time.
papers, who knows what else. I had a bag full of collateral from I don’t know how many
The conference itself was fantastic. Great speakers, great vendors. A stack of business cards from vendors who told
networking, many interesting exhibitors. I followed up me they’d follow up.
with a few I had particular interest in, but quickly forgot All that time, energy and money to engage me at the show.
about the rest as I settled back into my regular routine. And how many followed up? Not many. Not enough.
Any of us who attend trade shows or events develop tem- The most important part of event marketing happens after
porary Attention Deficit Disorder. It’s impossible to avoid. the event. You’ve made your impression. Now, after the
Hundreds of booths vying for your attention, in between dust has settled, make sure you capitalize and convert.
meeting after meeting. Then you hit the party circuit, get
a couple hours of sleep, and do it again.
5
6. How to Manage and Measure ROI From Events and Tradeshows
Marketers today measure everything. We want to know, in reception sponsorship and your biz dev guy says it’s critical
real-time, how well something’s doing, who responded, to a pending deal.
how much money we made. These things may be true, but are they priorities? Are they
The instant-gratification channels we increasingly use at core to the reason you’re going, and the means by which
the core of our marketing mix lend themselves to this. We you’ll measure success? These aren’t easy conversations to
have more tools to manage and measure our marketing have, but if your plan is rooted in a universally-understood
than ever before. set of objectives, it gets a lot easier to say no to the periph-
And then there are trade shows. eral tactics that will only take your focus away from the
more important work.
Trade shows and events in general are among the most
expensive and least monetized marketing channels we Establish immediate and longer-term measures of suc-
have. It’s not just the cost of the booth. It’s the soft cost cess. Someone’s going to want to know if the show was suc-
of all the time marketing spends getting ready for and cessful the day you get back. Depending on your objectives
executing the show. All the time your salespeople are away or what you’re selling, that may not be entirely possible.
from the phones and shuffling their feet in the booth. If the show was about making a partner happy, you can
Few organizations count up the total cost of shows, and usually do that temperature check right away. If you’re
even if they did, most couldn’t tell you if they made their selling impulse-buy products on-location, same thing. But
money back, let alone made the event profitable. if you’re working long sales cycles, the show may be more
about making good impressions and capturing leads.
Too often, ROI on an event comes up after the fact.
When all is said and done, someone asks if it was worth it. And that’s OK as an immediate measure of success. Just
make sure there are farther-out measures you’re manag-
Well, was it? And by who’s definition? Would you do it ing as well. Leads should turn into opportunities, which
again? Should you do 10 more of them? should eventually turn into closed deals. How many op-
Managing and measuring ROI on your next event starts portunities and closed sales do you need from the show
well before you get there. Here are a few tips to do it right after XX weeks or months?
the next time. Knowing that number, and setting the expectation that
Define clearly what success looks like first. There should you’ll measure it not the next day but in due time, helps
be a sales or marketing objective independent of the event set expectations and establish post-show milestones for
that is different than your pre-show expectations. The evaluating effectiveness.
event, after all, is just a channel. So, why are you doing it Plan your post-show activities before you leave. It’s
in the first place? Is it about sales? Awareness? Satisfying highly likely that your show or event ROI is contingent
a partner relationship? Know the objective up front, and on significant post-show activity. Lead follow-up, the sales
then decide what specifically success looks like. team following through on commitments they made to
Don’t do it alone. Get the event’s key stakeholders on prospects at the booth, etc.
board with that definition—before you plan, before you Most organizations don’t think much about these activities
commit. If there’s disagreement early about the objectives, until they’re back—when they’re tired, less focused, and
it’s good you got that out early vs. hearing about it the day likely starting to think about the next thing on their plate.
you get back. If you not only plan for but prepare post-show activities
Triage the slippery slope of ideas based on your as part of your pre-show work (literally build it into your
goals. Events and trade shows have a way of getting out project plan), it’s far more likely to happen—quickly and
of control quickly. The sales team wants tickets to the completely. No matter how you’re measuring ROI from a
customer-only exclusive event. Then they want to sponsor show, this is critical.
it. Meanwhile, a partner wants you to go in on an awards
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7. Templatize a post-event ROI report. Do this before you Your executives will appreciate the follow-up, will appreci-
leave as well. It can be a simple one-page Word doc or ate how quantifiable you’ve made the event evaluation,
short PowerPoint presentation. If you’ve established suc- and will be far more likely to approve event expenditures
cess criteria up front, circle back and at the right intervals in the future if they have the confidence that 1) it will
(within a day or two, at the time you will measure pipeline be profitable, and 2) you’re responsible enough to know
contribution, etc.) with a quantifiable report and update. whether it is or not.
More Information About Us
About Matt Heinz 8201 164th Ave. NE, Suite 200
Matt Heinz is the Founder and President of Heinz Marketing Inc. Matt brings more Redmond WA 98052
Ph. 877.291.0006
than 12 years of marketing, business development and sales experience from a variety of www.heinzmarketing.com
organizations, vertical industries and company sizes. His career has focused on deliver-
ing measurable results for his employers and clients in the way of greater sales, revenue
growth, product success and customer loyalty.
About Heinz Marketing
Heinz Marketing is a Seattle marketing agency focused on sales acceleration. Heinz
Marketing helps clients achieve sustained sales success by growing revenue from existing
customers and cost effectively identifying and winning new customers.
Contact Heinz Marketing
Heinz Marketing Inc.
8201 164th Ave NE, Suite 200
Redmond, WA 98052
877.291.0006
www.heinzmarketing.com
acceleration@heinzmarketing.com
Learn More About Heinz Marketing
Interested in learning more creative ways to make the most of your marketing?:
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