Exhibitor Education + a Lead Management Plan = Success!

April 10, 2015

David Lawton

David Lawton, EVP of Sales at Convention Data Services has over 20 years of experience in the tradeshow industry with 6 of those years as an active exhibitor at numerous shows each year. His diverse background also includes experience in sales, customer support, design and product development. ConventionDataServices.com. 

Your booth space is reserved. It’s in a great location on the show floor and has the potential for maximum exposure and foot traffic. Now is the time to create your lead management plan to drive traffic to your booth.

A solid plan for your next event starts well before the first badge is scanned in your booth. Capturing the lead

is only 10% of the equation. By taking advantage of educational and marketing opportunities, you are ensuring a successful event.

The business-to-business exhibition is the marketing channel of choice among brand marketers who include this channel in their marketing mix and captures over 40 percent of the companies’ total marketing dollars. (Source: CEIR Report: The Marketing Spend Decision)

1.  Set Lead Goals

·         Determine your targeted number of booth visitors and define your objectives. Are you going for a large and varied number of leads or a targeted type of lead?

·         Determine who your “hot” prospects are and communicate to your booth staff an action plan around how to handle them when they visit your booth.

·         Calculate your event ROI—make sure to revisit your calculations after the event to assist with planning your next exhibit goals.

·         Challenge your sales reps to a sales competition to see who can capture the most sales leads or who can best qualify the most attendees through answering sales qualifiers, survey questions and entering notes.  

The top three highest ranked exhibiting goals for exhibitors: reach/identify new customers and sales leads, build product and company awareness and meet existing customers.

(Source: CEIR Report: The Marketing Spend Decision)                                                                                       

2.  Participate in Pre-Event Education

·         One-on-one demos are a best practice for lead retrieval equipment training. Also take advantage of onsite training in your booth. These services ensure that your entire booth staff is ready to go when the show opens, allowing you to get the most from your exhibiting and lead retrieval experience.

·         Official vendor webinars provide a valuable array of information and tips on pre-event marketing opportunities that will drive visitors to your booth such as attendee lists, exhibitor emails, VIP emails, sponsorships, badge inserts and booth giveaways that you can advertise to generate leads.

·         Exhibitor advisory groups provide an opportunity to speak with other exhibitors, discuss best practices, learn about new innovations and share successful strategies.

3.  Create Pre-Event Marketing Campaigns

·         Email blasts: work with your lead retrieval provider to create customized blasts to send to prospects and registered attendees. Prominently feature an invitation to visit your booth and include giveaways or events you are sponsoring. Get your company’s name and booth on attendees “to visit” list before they get onsite.

·         Exhibitor Evites: invite top prospects and existing clients to the event with free or discounted rates to the exhibit hall and track the responses and acceptances from your VIP list.

·         Seek out speaking opportunities to not only educate the audience on new ideas or best practices, but to also promote your own products or services.

4.  Customize and Maximize Your Lead Capture

·         Create custom sales qualifiers to capture the demographics of the attendees who visit your booth.

·         Set up survey questions with preloaded answers to identify specific product interest, purchasing level and post-show actions.

·         Use the open notes field to log specific conversation highlights and other pertinent information for follow-up. Clear, detailed notes will arm your sales team with the information necessary to close the deal.

·         Take pictures of specific products that leads are interested in and save/attach them directly to the lead.

·         Each lead is unique. Assign the appropriate sales person to contact each lead to discuss specific needs.

 

5.  Use Social Media to Advertise Your Company’s Event Participation

·         Send out a press release through an industry publication or local newspaper to announce your participation in the event and any new products you are introducing at the event.

·         Tweet or post photos or videos to Facebook featuring a new product you are introducing at the event.  Feature your executives and booth staff so attendees can recognize them on the show floor.

·         During the event create excitement about your booth and product offerings by tweeting, blogging or creating a Facebook post about real-time events happening in your booth such as celebrity or VIP visitors.

 

6.  Follow-up!

·         Begin your lead follow-up immediately on the show floor. Access your leads during the show to send out follow-up emails with appointment requests and product/service information.

·         Customize and target your follow-up on qualifiers, surveys and notes collected on the show floor for each lead. Don’t just send a generic letter and catalog.

·         Set up and schedule a “thank you” email blast through your lead retrieval provider.  It’s important to send out an immediate first touch communication and thank you to your leads as well as a daily email to everyone who visited your booth, thanking them for their time and for their interest in your company’s products and services.   

·         Distribute the leads to your sales team and have them follow up with outbound phone calls ASAP.

·         Access your leads reports both during the show and post-show. The reports provide demographic summaries, determine peak lead capture times and locations and will also assist with staffing needs for future events.

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MGM Resorts is committed to fostering an inclusive and diverse culture, not just among employees and guests but also within its supply chain. The company prioritizes procuring goods and services from businesses owned by minorities, women, veterans, people with disabilities, LGBTQ individuals and those facing economic disadvantages. This commitment is integral to MGM Resorts' global procurement strategy.    Through its voluntary supplier diversity program, MGM Resorts actively identifies and connects certified diverse-owned suppliers to opportunities within its supply chain. The company is on track to spend at least 15% of its biddable procurement with diverse-owned businesses by 2025, demonstrating that supplier diversity is not only a social responsibility but also a strategic business imperative.    Supplier diversity isn’t just the right thing to do – it’s good for business. A diverse supply chain allows access to a broader range of perspectives and experience, helping to drive innovation, entrepreneurship and resilience, while strengthening communities. At MGM Resorts, engaging diverse suppliers ensures best-in-class experiences for guests and clients. Supplier diversity ensures a more resilient supply chain while supporting economic development in the communities in which it operates.   The impact of MGM Resorts' supplier diversity initiatives is significant. In 2023, these efforts supported over 3,500 jobs across more than 30 states, contributed over $214 million in income for diverse-owned businesses and generated more than $62 million in tax revenue. The story extends beyond the numbers – it reflects the tangible benefits brought to small and diverse-owned businesses, fostering economic empowerment in their communities.    MGM Resorts also supports the development and business skills of diverse-owned businesses through investment, mentorship and education. Through the MGM Resorts Supplier Diversity Mentorship Program, the company identifies, mentors and develops diverse-owned businesses to fill its future pipeline, while providing businesses with tools and resources to empower and uplift. Since 2017, the program has successfully graduated 105 diverse-owned businesses and is on track to achieve its goal of 150 graduates by 2025.     MGM Resorts’ commitment to supplier diversity not only enhances its business operations but also plays a crucial role in uplifting communities and fostering economic development. This approach reinforces the idea that diversity is a powerful driver of innovation and resilience, benefiting both the company and the wider community.