- By: Mark Jakobsen
- Published on:
Share on:
Share on:
Your research is done, you’ve identified the event (or events you want to attend) and the excitement is building. Before you click submit on the booking form it’s worthwhile pausing for a second. Because vetting an exhibition before you book will ensure you’re choosing one that will actually deliver, and doesn’t just look good on paper.
Not all events are the same, and the format matters as much as the audience. As well as looking at which one will be best for you, it’s also good to understand which format suits your objectives and the way you sell. The main formats are:
Best for discovery, lead capture, and visibility.
Often better for networking or thought leadership than stand‑based selling.
Lower cost, often relationship‑led, and a gentler introduction for first‑time exhibitors.
Lower footfall but significantly higher relevance.
Deciding which format suits you best before you start searching will save you a lot of time, and help you avoid being seduced by an impressive looking event that simply isn’t the right fit for what you want to get out of it.
If you’ve gone through the process above and decided on an event you feel is the right fit, then the next step is working out your budget. You’ve probably already factored in the cost of the stand, otherwise you wouldn’t be considering it, but that’s only the beginning. You’ll also need to factor in:
When added up, this gives you the true cost of attending the event. Now, can your company cover the initial costs from attending? If it can, then let’s look at the potential RoI from it. We start with:
What is a single qualified lead worth to your business?
You should have an idea of what an average deal means, income-wise, for your company. So take that figure and divide it by the total event cost. This then gives you the number of leads you need to generate to break even. Ask yourself, is that number achievable? If it is, that becomes your target, and having it front of mind before the doors even open is what separates the exhibitors who get the most out of exhibitions from those that just hope for the best.
It’s also worth remembering that exhibition leads are typically warmer than those generated through digital channels. You’ve already had a face to face conversation with them, which means the hard work of building initial trust is already done. That makes them significantly easier to convert, especially in comparison to cold leads generated from any digital activity.
Sadly, not all exhibitions are equal. Some are better at selling exhibition space but lack the ability to bring in the attendees, or the right type of attendees. While the below aren’t hard and fast rules on when to be wary, they are a good guideline. Watch out for:
I’m a strong believer that exhibiting should be a partnership between organiser and exhibitor. A genuinely symbiotic relationship where if you do well, they do well, and vice versa. Think of it along these lines, a great exhibition organiser is like the Trill in Star Trek, both the host and the symbiont work together to become something greater than they would have been independently. The best exhibition organisers understand this. They want you to succeed because your success is their success. If the organiser you’re speaking to doesn’t seem to grasp that, it’s worth asking whether this is really the right event for you.
Based on the above, to ensure you’re not being sold the equivalent of a crapped out car with far too many miles, make sure you ask the following questions before you commit:
Like I said before, it should be a partnership. If the exhibition isn’t a good fit for you, a good organiser will tell you. And when it is the right fit, well, it’s worth its weight in gold, a good organiser will work with you to maximise your participation, not leave you to muddle your way through it.
If you’ve worked through the process above and found an event that looks and feels like the right fit, great. The next step is getting crystal clear on what success actually looks like before you get there. In the next blog we’ll be covering exactly that. From defining your objectives as a first-time exhibitor, understanding the difference between lead quantity and lead quality, and how to turn those objectives into clear, measurable metrics that tell you whether your exhibition was actually worth it.
We would love to speak with you.
Feel free to reach out using the below details.
Subscribe now to keep reading and get access to the full archive.