Category: Marketing Cures

  • Ten Tips & Truths For Marketers

    Ten Tips & Truths For Marketers

    For those of you who are marketers, or if you’re a business owner or solo practitioner who acts in a marketing capacity (and who doesn’t), here’s a few things I’ve picked up over the years – they don’t have anything to do with social media, channel support, SEO or anything to do with a particular media.

    10) If you’ve worked hard to evoke an emotional response to your product in an ad or direct mail piece, for goodness sake give people a way to actually buy it! Make the response mechanism obvious, it avoids delay in responding.

    9) Put your address and phone number on your website, in an obvious place – not everybody trusts everything they see on the internet, and sometimes you just want to send somebody something or talk to an actual person. Why make me work at it?

    8) ASK for the order. Don’t assume that the audience will understand what you want them to do, no matter how obvious you think it is.

    7) Take the offer seriously in your ads and direct marketing communications – the audience will, and they will hold your feet to the fire for every possible interpretation you can imagine. The more transparent and clear you make the offer, the less confusion you’ll receive from the audience, and confused audiences tend not to buy things.

    6) Treat your house list like the gold that it is – you’ll never find a more receptive set of eyes and ears for your message than someone who is already predisposed to hear it. Respect the power it represents, and the people behind it.

    5) You can never know too much about the people you’re trying to reach – but you can interpret data incorrectly. Trust but verify, to paraphrase Ronald Reagan, and vet your data with real people and anecdotes – you’ll be glad you did.

    4) Make your copy simple enough that your 80-year-old grandmother can understand it. People’s attention spans are increasingly short, and they don’t have time to analyze your obtuse copy to extract your message.

    3) Sales letters should be long enough to compellingly tell the story, and not a word longer.

    2) Lists, design, artifice and devices don’t sell products and services, feelings do. Evoke an emotional response in your audience and you’ll move the needle.

    1) A target audience never bought anything – PEOPLE buy goods and services – whether it’s online, through the mail, over the phone or from a billboard. Reach out in an accessible, human way, meet a need or solve a problem, and the sales will follow.

    Seems like basic common sense, but ignore such simplicity at your own peril. You’d be amazed how many top flight professionals can’t apply these basic tenets to their everyday work and score a good number.

    If you found this helpful and would like to read more like this, subscribe to this blog above, and be sure to pick up a copy of “The Marketing Doctor’s Survival Notes”

     

  • Fundamentals Can Save Your Advertising Program

    Fundamentals Can Save Your Advertising Program

    As a consultant, I read – a lot – every day, about different marketing approaches, different angles and aspects of marketing, from social media trends to mobile, to automated e-mail, to article marketing, and a huge variety of other things that bombard my in-box every day, both electronically and in the snail mail and online. With all that reading and absorbing comes some inherent sense of how current corporate professionals in the marketing field are going about their work, what they focus on, what they feel is important, what’s hot and what’s out of fashion.

    In all that absorption, I get to analyze how those marketers work, and how effective their efforts are. I also get called upon to critique their work from time to time, and let them know how a “knowledgeable” audience might view their performances. I was judging a series of ads the other day for a survey of magazine ads and their effectiveness, and I was amazed at how many of the B2B ads didn’t incorporate even the most fundamental, basic elements that should be in all advertising. Top professionals at high-priced agencies were creating ads read by, and hopefully responded to, by other professionals – and there were lousy headlines that were far from compelling if there was one at all, lists of product features with no associated benefits, copy that was difficult to decipher, let alone read and be persuaded by, and a host of other ills that most college-trained marketers have a good handle on by year two. I was amazed and astounded that large, profitable companies with marketing departments staffed with educated, qualified professionals were paying for this level of performance from their agencies, or worse, producing this kind of product themselves!

    Sure, it’s easy to rely on others to cover the basics, and you hope that the high-paid pros know better and they shouldn’t need much supervision. And it’s easier still to simply look at last year’s or last week’s effort and say, “yeah, good enough, run that one again” and perpetuate the poor construction, bad design, lousy and ineffective headlines, poorly-written copy that is neither persuasive or compelling. If it wasn’t, we’d be out of business. But the truth is, if these pros had simply focused on the fundamentals, their work would improve in both effectiveness and creativity.

    1) Get me involved. Write a real headline, one that compels me to read further, that poses a problem a challenge, asks a question, declares a position or benefit.

    2) Write and design it so even I can read it. Real type fonts, in a decent size, in a contrasting color, either in columns, wrapped around an image, bannered at the top or bottom, somewhere that my eye can track it and make sense of it. Make it compelling, readable, persuasive, tell me how it will make my life easier, faster, better, lighten my workload, solve a problem, keep me sane, let me sleep at night, beef up my paycheck, cut my expenses. Tell me the benefits of the product or service, not just what it includes or is comprised of. Tell me something to make me feel I “need” what you’re selling, hopefully leading me to . . .

    3) Include a call to action I can respond to. I get through the headline, it drives me to read the copy to learn more, it ends, and . . . nothing! Give me a phone number, a specific web address, an e-mail or physical address, an offer of some kind, a place to go to learn more, see the product, make a purchase, someone to call to order one, something!

    4) Lay it all out so it naturally drives me to that offer. Americans read left to right, to to bottom, its deeply ingrained in our psyche to do so, so that we may all absorb information in uniform fashion. Don’t fix it if it isn’t broken, start at the top, (it’s called a headline for a reason) and work your way down. Leave the collages for grade school, keep the fancy special effects for the YouTube video – just design it in a way that is pleasing to the eye and supports the other elements.

    5) Make the images and the text support each other and work TOGETHER to get your point across. I can’t tell you how many ads I reviewed that contained an image that had virtually no bearing on what was being sold or discussed. It was either a product shot with no identification or name, no branding, or known function or relevance to the headline or offer, or a shot of some landscape or character that had no real bearing on what was being discussed. You’ve spent a lot of time and money finding, modifying or creating that image, make it work to your advantage to help sell the concept or idea you’re conveying.

    Just following these five guidelines will improve your publication and print advertising immeasurably, and put you ahead of 70% of the highly paid agency professionals that crank out B2B ads on their lunch hour . . . you might even make a sale!

    If you found these helpful, or disagreed with these insights and would like to let me know . . . subscribe to this weekly blog above. And, don’t forget to pick up a copy of “The Marketing Doctor’s Survival Notes”

     

  • Tradeshow Promotion Requires Strong Planning

    Tradeshow Promotion Requires Strong Planning

    Recently we’ve been approached by several tradeshow organizers to review, upgrade, or revamp their marketing efforts, for a variety of reasons. With all the visibility and power perceived by marketers who use social media, often tradeshows get put on a back burner. Often there are misconceptions about the cost, value and ROI of exhibiting in a tradeshow, and those impressions are what the organizer is fighting when they try to attract new exhibitors, or build attendance. There are other aspects of working tradeshows into your marketing plan that are misunderstood or poorly perceived that present challenges to the organizers.

    We’ve been working with exhibitors, and organizers, to eradicate some of these misconceptions, and to maximize the value of the tradeshow marketing channel as a viable means of penetrating a new market, launching a new product, or raising awareness of a new application to a new vertical.

    When we work with organizers, its often to open up the shows to include new markets, to add new exhibitors and expand the show, or shift it’s focus. This involves building a strong marketing platform, and a focused sales effort, working in tandem, to approach new exhibitors with a fresh angle or a new spin to show them the value of the show to their sales efforts. Creating a solid prospectus that tells the story accurately and gives the exhibitor a feeling of confidence that the organizer speaks their language, that he understands their market, and that they are competent to make their experience a good, profitable one, is one of the first steps. As always, there’s a lot of research involved in creating that element, to gather data on the buying audience, demographics of the attendees, the market as a whole. Once that trust is established, then it’s a matter of making contact with the correct individual to work through their issues, concerns and needs to prove to them that the organizer will be with them every step of the way.

    When we work with exhibitors, it’s usually to help the exhibiting company break into a new vertical market and to make an impact, to raise awareness of their firm within the industry at large. In those cases, its a matter of getting the attention of the audience, and even of the other exhibitors, be they partners or competitors. Sometimes it’s not just a matter of buying a sizable piece of real estate and designing a flashy display. We’ve worked with some companies where it was appropriate to do exactly the opposite – purchase the minimum size space, install a low-key display, but participate heavily in other parts of the overall marketing opportunity, like sponsorships of events, banners in the halls, kiosks, hospitality suites, press conferences and publication ads in directories, maps and schedules. These kinds of activities require lower levels of human resources, help present a unified and ubiquitous-appearing presence, while not spending on expensive floor space and having to furnish it with a large staff and display.

    No matter who we’re working with, it all starts with research and planning to maximize the opportunity presented by the show. Solid planning and a knowledge of the audience can make even a marginal show a resounding success, generating revenue, growth and partnership opportunities, and helping markets expand and driving commerce. If you work in the tradeshow space, let me know what challenges you’re facing – we’d love to hear from you.

  • Tradeshows – Make A Commitment, Make It Count

    Tradeshows – Make A Commitment, Make It Count

    We recently attended a tradeshow (Granite Partners principal and staff, not the royal “we”) with a client, in an effort to help them gather competitive information prior to entering a new market for a line of products they were planning to launch in a few months. We got together prior to entering the show floor, and discussed a specific set of goals and tactics to be applied to our activities during the morning, including observing and asking questions anonymously of the competition, researching potential production partners or related ancillary product partners that worked with our product, finding possible new applications for our product beyond the intended use, and observing the marketing tactics used by our potential competitors.

    A tall order, but one that can usually be filled in a couple of hours of strolling the show floor, watching, chatting with vendors, asking questions as if we were in the market to purchase, along with a few covert snapshots of displays and a collection of collateral materials in our show bag.

    After spending an hour on the floor, we had accomplished most of the goals we discussed. Some general take-aways on the state of small tradeshows:

    1) Vendor displays have gotten less expensive – and less professional. If you’re going to spend the time and money to highlight a new product at a tradeshow, don’t have your sister-in-law design the booth and the collateral signs because she won Third at the science fair in 11th grade! Go to the professionals for your exhibit design, and have a professional help you with a marketing plan that will help activate and leverage that display and turn it into viable leads! Just because the structure is less expensive than it used to be, doesn’t mean you shouldn’t spend the savings on good design!

    2) If you’ve gone to the trouble to design and transport a display, at least show up, set up and participate. We saw three or four empty booths, half constructed and missing key elements, with no sales or technical staff in evidence – shame on you, what a waste!

    3) If you are prepared and suited up, working the booth, don’t just shoot out a generic question to passer-by to try and snag their attention – it’s tacky and worse, ineffective. Simply come out from behind the table, out into the aisle, make eye contact with attendees, and maybe ask a legitimate question, maybe something related to the problem your product solves. If you hit on a sore point, you’ve hooked them, if that’s not their problem it’ll be a pretty tough sell to start with and you’ve not annoyed anyone. Being a tradeshow attendee doesn’t mean you’ve signed up to be molested in the aisles!

    4) This is not a re-run of “Boiler-room” – stop trying to close me on a complex, high-dollar, multi-step sale three minutes after I meet you at a show. Ain’t Gonna Happen! This is essentially a meet-and-greet with A/V support. Simply take my information, give me some data and some salient points that can be beneficial or differentiating for your product, and actually do the follow-up work later in the week. Even at consumer-based, residentially-oriented shows, I may not want to sign a contract on a $10,000 piece of infrastructure construction on my house – such things need researched, discussed with family, budgets allocated, etc. It’s a long-term, complex, consultative sale, not a $10 widget that helps wash the car faster.

    5) Do some pre-show marketing. Don’t rely on the show organizer to do it all for you, your results will reflect such an approach. If you plan to sell into the local market, do some homework, craft a decent direct mail piece, do some segmenting, mail a few key zip codes and let some likely consumers know you’re going to be in their neighborhood. You’ll be the busiest guy on the floor.

    No matter how small a show it is, if you’re going to spend the money and time, make it count. Make the commitment, do it 100%, make an effort to be your professional best. If you’re counting on a show like this to make your year, your plan is flawed, and your desperation will be readable from a mile down the aisle. A show should be a small part of a more holistic approach to your overall marketing effort, not a make-or-break event.

    Happy trolling . . .

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  • New Trends Not Always The Most Valuable

    New Trends Not Always The Most Valuable

    As a marketing consultant, I tend to observe things critically, find parallels and patterns in everything, to try and make sense of what I see and experience, so I can apply those learnings to client problems. Sometimes that’s a good thing, sometimes, not so much.

    This morning, my young son Alex, was playing in the livingroom. At 4, he sort of wanders around the room, and when his eye catches something bright and shiny or something he remembers from yesterday’s play session that was fun, he makes a bee-line for the new toy, dropping whatever he’s got in his hand already. Even though the “old” toy was perfectly captivating just 10 seconds ago, suddenly it’s yesterday’s news and he drops it like its hot in favor of the “new” one.

    It dawned on me that some of my clients had exhibited this same behavior regarding their marketing and outreach activities. They were rolling along, sending out e-mail, sending out letters, engaging members or customers with their website, growing steadily, when someone pipes up in a meeting “Hey, why aren’t we on Twitter?” or “Why don’t we have a Facebook page?”

    Before you know it, the whole marketing and IT department is discussing profiles, and launching pages and starting accounts and firewalls and policies and a whole host of related and relevant topics, and before long, these items are in place and being used, to what end no one knows. With all this discussion going on, and activity stemming from that discussion, often there is little or no thought given to integrating this new activity into the existing marketing plan, to setting goals and metrics for those new programs to measure their effectiveness at meeting those goals. Without those elements in place, and really solid and well-researched answer to the questions “Why are we doing this, and how is it going to help us achieve our goals, and how will we know it’s working?”, going forward blindly is a recipe for at least needless unproductive activity, at worst brand damage and reputational damage for the company or organization.

    Non-profit organizations often have a history of behaving that way, although small to mid-size commercial businesses have been known to do this as well. They look a lot like my son, tossing aside what’s in place, even though it may be working, for the shiny, new, trendy, activity, regardless of it’s efficacy or effectiveness.

    The moral of the story is that while some of the new media channels and applications may look exciting and may be experiencing a groundswell of growth and popularity, it doesn’t mean that they are the correct or appropriate types of outreach activity through which to achieve your particular goals. You can spot this type of behavior easily. Simply ask them, “What do you use your Facebook page for?” or “What do you get out of your Twitter account?” It’s not even a matter of cost/benefit analysis, it’s more about aligning the mission of the organization with the tools and public outreach mechanisms you use to achieve the set goals. Twitter can be a nice, real-time market monitor for short term buzz and brand recognition, even customer service monitoring or PR effectiveness, but that’s more about listening than posting. Facebook can be a good way to build community around a product or service, but it has to be used carefully and with some constraints in place to maintain control of the voice and the brand. It may not be appropriate for it to be used to help drive sales or leads.

    If you are contemplating using new media tools, treat them and think about them much as you would any other service purchase – assess the needs, THEN go find the best tool for the job. Don’t go looking to add tools when you don’t know what the job is. Even Handy Manny knows to use only the right tool for the right job!

    If you found this valuable and would like to read more, subscribe to this blog above, and don’t forget to pick up a copy of “The Marketing Doctor’s Survival Notes” –

     

  • Key Marketing Element – Define “Value”

    Key Marketing Element – Define “Value”

    Whether we’re creating a marketing plan, implementing a creative campaign or setting up for a key sales call, there is always a big question lurking in the background of all of our efforts – “What is the value of our product/service to the customer?”

    Most marketers can create a list of features that show off their product, might even do enough to differentiate it from competitors, but features don’t really drive response or sales. A list of benefits, what good things your product or service will result in for the customer is better, and will drive response and sales. But showing value, real intrinsic and perceived value, is where the true art of observation, listening, distillation and research converge to drive real results. This is where experience will pay off.

    Take for example a simple cleaning service: the features they might offer include trained personnel, bonded service agents, natural or organic or hypoallergenic cleaning products, long-term contacts and one-time specials for realtors and landlords. But those features will make the reader work to derive the benefits from them, if you’re lucky. More likely they will go on to the next competitor.

    Benefits derived from these might include peace of mind for landlords and homeowners, high quality cleaning jobs above and beyond the normal, fixed and reasonable pricing, flexible scheduling for repeat customers etc. Good benefits, if you know you have a need and understand how such services work and the challenges that they can bring. Again, a lot of work for the reader to figure out whether this service is for them.

    But what is the real value – a good impression on viewers or potential renters or buyers of the house or it’s residents, reduced risk of disease and infestation because the house is clean, reduced risk of allergic reaction due to reduced dust and allergens, and the bottom line – you don’t have to put in the work to clean the house! People hire a cleaning service because they don’t have time or expertise or inclination to clean it themselves. Luxury, convenience, time saving, thoroughness and a quality result are the key value triggers for marketing those types of services, so make sure you highlight them in your outreach efforts.

    Those values can be derived from some quick customer and ex-customer research, maybe a card after the service is SOLD, not after services are rendered, that’s a service-level evaluation, not a buying reason. Maybe a quick online survey or e-mail survey to your current and past customer list would reach the audience effectively. But you have to ask the right questions to extract this actionable information, and some analysis is needed to apply the newly derived data to your creative and strategic executions – that’s where the experience comes in – a highly experienced marketer can do that distillation of data and analysis and derive a strategy based on that knowledge and execute it for real results.

    Do your homework, do the analysis, and show the VALUE in your offering, not just features and benefits – value finds a home in buyers minds every time.

    If you found VALUE in this post and would like to receive even more, be sure to pick up a copy of “The Marketing Doctor’s Survival Notes” – 

     

  • You Gotta Have A Plan!

    You Gotta Have A Plan!

    After thirty years of helping commercial companies and non-profit organizations enhance their effectiveness through high-impact marketing efforts, we’ve seen some patterns develop. It appears that there is a correlation between how effective these companies’ marketing efforts are, and wait for it, the specificity and thoroughness of their marketing plan. It’s not budget, it’s not necessarily vision, it’s not brilliance in creative execution – it’s how well they draw up a plan and stick to it.

    Imagine a fighter pilot, maneuvering a $150 million aircraft (small one), randomly, changing course whenever clear skies present themselves, dropping ordnance on whatever targets strike his fancy. He might hit the assigned target, at the right time, in league with others also scheduled to attack that target. But the odds drop precipitously with each misguided maneuver and missed “opportunity” bomb dropped on his way there. That’s how some companies run their marketing operation, wandering from media outlet to outreach platform to new endeavor, without ever consulting the plan, if one even exists. This kind of rudderless marketing is nearly always doomed to failure, and results from a lack of vision, lack of discipline, lack of planning.

    The best way to avoid this is to actually go through the often painful but always beneficial exercise of creating a specific, measurable, organized, well-researched and grounded marketing plan, and disseminating it to EVERYONE, so that all stakeholders are in sync and can be involved in carrying it out in an informed way. Make a plan, stick to it, carry it out aggressively, and measure your results routinely, and you’ll be pleasantly surprised how much more successful your efforts will be.

    There are loads of publications, books, blogs etc out there to help you with this task if you are a young start-up with no experience at planning. Each one is different, each is unique, but each share several key elements, including measurable specific goals, time milestones, assigned responsibilities, and available resources. Fully complete plans include media choices for outreach advertising and PR activities, brand characteristics, audience profile, media schedules for placements, creative cues for progressive campaigns, drop dates for mail, e-mail, and designated resources and personnel for all tasks including social media activity.

    Big job, but one that not only saves time and money over the year by reducing missteps and waste, and one that removes the guesswork and allows everyone to move forward confidently and aggressively toward achieving the goal. How simple is that? Apparently not very, based on a resent study showing that nearly 40% of businesses with over 20 employees have no written marketing plan!

    If you need help, get it. If you can’t find it within, hire it! If you can’t stick to it, post it and have someone else hold you accountable. Ultimately, it’s plan now, or pay later – your choice.

    If you agree with these assertions (or disagree) drop me a line and let me know what you think. If you found it valuable, subscribe to this blog above, and be sure to pick up your copy of  “The Marketing Doctor’s Survival Notes” 

     

  • Tell The Corporate Story – Not “Just The Facts, Ma’am”

    Tell The Corporate Story – Not “Just The Facts, Ma’am”

    We’ve been reviewing lots of corporate materials over the last several weeks, as it’s stock Proxy season. Each Spring, public corporations hold their shareholder meetings, and issue proxy voting statements for the shareholders to provide feedback to the Board, elect new board members and settle other issues like compensation, accounting firm choice, and other matters. They are also required to bring shareholders up to date on the financial health of the company. Many of them choose this opportunity to further inform shareholders of their efforts and fill them in on future endeavors planned by the company, by mailing out Annual Reports with lots of artfully crafted text and full-page glossy images – all that’s required by the SEC is a set of edited, audited financials and some bare-bones intent reporting.

    If you read this creatively crafted text carefully, you’ll have a hard time discerning where the company fits in the competitive scheme in their industry (they’re all industry leaders) and how their products are perceived, sometimes even what they do or are used for! Some are so nebulous, so vague, so “artful” and flowery, they become nearly useless.

    Holy missed opportunity, Batman! What a tremendous chance to reach out and tell your corporate story in a way that really provides not only usable information that might prove relevant to increasing future investment, but to do double duty in a number of other forums where a corporate story might be useful. Love the images, too, but do they reflect the daily reality at that firm? Not likely. Do they tell the story? Better than the text, but is it the right story? Maybe not.

    I think they can do better. Printed Annual Reports may be going the way of the dinosaur, with online websites allowing technology to improve communication’s timeliness, and relevance. The use of multiple imagery, video, and the tantalizing prospect of nearly endless real estate in which to put more flowery copy, not to mention the reduced cost of reproduction and distribution, make online Annual Reports very tempting. Not sure of the SEC’s feelings on this, but we now have online proxy voting, so the annual reporting requirements can’t be far behind.

    For now, let’s hope corporate marketing departments take transparency to heart, and while they don’t have to back track all the way to the days of Dragnet scripts, a little direct, honest language may go a long way toward convincing shareholders to maintain and even increase their investment. It might also allow employees and other constituencies to become company evangelists – surely the current copy can’t be repeated verbally by company representatives – at least, not with a straight face . . .

    If you liked reading this and found it valuable to you in your business life, or just entertaining, you can receive more like it in your inbox weekly – FREE – just by subscribing to this blog above. And, don’t forget to pick up your copy of “The Marketing Doctor’s Survival Notes”

     

  • Leaving Gold On The Table

    Leaving Gold On The Table

    For those companies out there who include industry tradeshows in their marketing mix, either on purpose as part of a strategy, or “because all our competitors are there”, you are probably leaving a pile of gold behind when you pack up your boxes to go home.

    Recent studies by independent national organizations show that very few companies do any pre-show marketing to prospects or clients, and that the number of leads actually followed up after the show is in the single digits!

    This type of behavior makes no sense to me, and is creating a case of diminishing returns for the tradeshow industry as a whole and for those who participate in them. If you were to spend millions of dollars on a Superbowl ad for your company, and then disconnected your phones for the month after the ad ran, you’d consider such behavior ludicrous, wasteful to the nth degree. Yet, that’s exactly what you’re doing when you fail to broadcast your presence at an event, when you pay dearly to participate; spend thousands on a complex display and related collateral material; spend endless time in meetings reviewing a hundred different types of tchochkeys and giveaways; take a week’s worth of time from your key sales people, technical people and administrative staff; when you don’t get full benefit from T&E, including travel, meals, hotels, cabs and entertainment; and then don’t follow up some of the most qualified sales leads and partnership opportunities you’ll ever encounter. Absurd, you say? Commonplace, at best, if we’re to believe the data. And that’s just for one major show – scale that up to include 6-10 shows a year, and you’re watching a pot of gold in lost opportunity fly out the window!

    So how to you capitalize on all that opportunity? Five quick fixes that will cut waste, provide more value and prevent lost opportunity:

    5) Train and select your on-site staff with care. Even for a major show, you don’t have to send the whole team. While a big group of people all dressed alike trolling the floor and inhabiting the exhibit does have some value, especially in reinforcing your brand, it’s a costly and inefficient way to do that, and the job can be better handled by fewer better selected candidates. A mixed bag of junior and senior sales staff, one technical person to act as advisor and closer on the BIG sales, and a couple of engaging administrative folks to help clean up the loose ends, steer traffic to the sales group and provide coverage. That’s it. Train them all to be effective in as many different roles as are appropriate, so there is good overlap, but make sure everyone knows how important this show is to the prosperity of the company, and that all leads, no matter how small or remote, could be important, and are to be treated as such.

    4) Set up a lead management system, and use it. That’s not the same thing as renting the capture machine from the show management’s vendor. This is a system within the company for qualifying, funneling and following up on leads gathered at the show. Your existing prospect database is a good start, but it’s probably not built to handle a big influx of leads in a short time, and likely doesn’t have a good qualifying system within it. It should be designed to work quickly, have all the follow-up materials created in advance and be able to customize them to a certain extent for each lead. Nothing is more impressive than having a quick, well-crafted, specific follow-up note waiting for you when you get back to your room for the evening from a vendor you spoke with that afternoon!

    3) Craft an effective pre-show marketing strategy. If you really want to stand out of the crowd, marketing your presence at the show a couple of weeks beforehand is one of the best ways to do it. You can prompt booth visits, make appointments with big clients or promising prospects who are planning to attend, build attendance in your hospitality suite event, pre-qualify leads, and much more with this simple step. Get access to the registration list from the prior year if it’s available and use it repeatedly and effectively. You’ll be amazed at the resulting traffic.

    2) Set goals for the show that make sense, and hold EVERYONE accountable for meeting them. Especially if this is one of many shows you participate in each year, goal-setting will give you some idea of how worthwhile your tradeshow investment is likely to be. It gives you an ROI variable to push back against when making decisions for next year. Make them just barely reachable, and make them finite and quantifiable – “we will contact and follow-up with 25 new prospects not in our current database at this show.” Now, it’s everybody’s responsibility to be familiar with what’s in that prospect database, know who the big fish are, and engage everyone in a productive, helpful way to make that number attainable. It forces a teamwork approach, and keeps down the finger-pointing later if you don’t hit the number.

    1) See the show as a triple opportunity and treat it as such! How many times do you get to be in a room with a huge universe of prospects and customers, prepared, armed and in a selling environment, all in one week, with your best troops in attendance? Not very often, I’ll wager. So make that opportunity count. Follow-up religiously, engage every reasonable visitor, invest in some staff training, make the display work for you, make sure it carries the brand well and is easy to read and understand, make sure your staff understands the goals and the importance of the results to the success of all concerned. Make sure that lead management system is working for you, not just making you more work.

    You’ve invested a significant chunk of budget to participate in these marketing opportunities – its up to you to make the investment pay back. Enjoy.

  • Exhibitions and Trade Shows – A Thing of the Past?

    Exhibitions and Trade Shows – A Thing of the Past?

    Guest blog

    Posted by garethcase ⋅ August 30, 2011 ⋅ 5 Comments

    It’s a subject that comes up every year. There is always an Account Manager who wants to do an exhibition because it’s closely aligned to their vertical market, but is there still real value in these events?

    The internet’s exponential growth over the last decade has meant that we have access to pretty much any information we want, no matter where we are or what device we are viewing it on. Research in general, for that latest gadget, your next holiday or even which e-marketing platform you are going to deploy is at our finger tips 24 hours a day.

    Before these technological advances, research was the reason I used to attend trade shows, but over the last 10 years, I have noticed a dramatic decline in both the size of events and the number of attendees.

    There are many reasons company’s choose to exhibit at trade shows. For example, it’s a good forum to launch your brand into a new market or geography. It’s also good to have brand presence at an event well subscribed to by your customers. The other main driver is lead generation. How many of you can honestly hold your hands up and say you have had a really good ROI from events and exhibitions overall? I hope I hear about some great successes but in my experience the ROI does not stack up. Yes there have been shows where we have converted some great opportunities, bit If I compare it £ to £ against over marketing activities it probably comes out bottom of the list. When working out the ROI, don’t forget to include the investment of time from your employees, a trade show with 4 of your sales team not only means you’re paying them to be there, but also missing out on them selling elsewhere during that time.

    If you are going to do trade shows and exhibitions then my advice is to pick niche events aligned to specific vertical markets you want to attack, rather that generic shows that cover your solution/product set. The key is to develop a proposition that really helps your target market overcome a ‘common challenge’. This way you will quickly gain engagement and been seen as a value add rather than a box shifter.

    Surely it’s better to be the only company at an event that offers your products and solutions than being one of 150 all offering something similar?

    My Response:

    Gareth – I, too, have sat on both sides of this fence, organizing some of the largest industrial events in the country (US) and attending and exhibiting in hundreds of shows for a variety of clients. I, too, have seen reductions in attendance and square feet sold, likely a factor of a combination of better information sources (the internet and elsewhere) and the current economy. However, if applied to the marketing plan in a focused strategic way, there is still a huge value in live trade events. NOTHING can replace the face-to-face interaction, the energy, the insight gathered at a live event. True, hard data research can be gained electronically, but the “Who” portion of the show is just as important as the “What” that you get electronically – seeing your competitors approach, viewing new entrants into the market for possible partnership, gauging the health and direction of an industry at large, are invaluable to the well-rounded executive.

    True, lead generation is one of the principal reasons to exhibit, and many shows don’t support this activity aggressively enough, though they should. But on the corporate side, 8 out of 10 viable leads are NEVER followed up with – after spending all that time, money and energy to exhibit, craft a display, man the exhibit with top, expensive sales staff, the leads lie fallow, reducing the ROI by a huge percentage. Shame on the sales manager who lets this practice continue . . .

    There are indeed numerous branding tactics associated with a tradeshow outside your individual exhibit, but some of the guerrilla tactics mentioned here in other poster’s comments would do more than “irritate the organizers” – they can get them thrown out of the venue, ostracized within the industry, their brand destroyed or reduced to a cartoonish bottom-feeding lout. If you work closely with the organizer, such tactics can be negotiated and usually an accommodation made so that these activities are viable and above-board, and a win for everyone.

    The branding aspect cannot be overstated – you’re given an opportunity to put your best foot forward in the most prominent arena your company has – a room full of customers and potential customers! Can’t ask for more than that in ANY business. When all this is factored in to the ROI equation, a well-selected show that gives you a forum to launch a new product, do primary customer research, show off a rebranding, put on a good face for the industry, and eyeball all your competitors in one room is an unbeatable opportunity. The rumors of the tradeshow’s death are greatly exaggerated and superbly premature . . .