Trade Show Talk: How to Convert Prospects Into Leads

April 4, 2015

Ben Camerota

Ben Camerota is the President of MVP Visuals, suppliers of custom branded displays for trade shows, retail promotion and corporate events

With today’s modern technology, we communicate in so many different ways – text, email, chat, tweets, and the list goes on. Even in the marketing world, a huge portion of our interactions are through these newer, more remote channels. Yet every year, thousands of people still choose face-to-face marketing and interaction, by visiting or exhibiting at trade shows.

In-person communication at an event or trade show can be much more valuable than an email campaign or social media interaction – assuming you get that communication right. You typically only get one chance to help an event-goer understand what your business does and how it can help them do what they do better.

The key to converting a valuable trade show lead is speaking to the specific needs of their role, whether you’re talking to the CEO of a huge company or the administrator of a startup. It’s likely that your business offers many different advantages to those who buy in, not just one or two benefits – so why are your booth’s salespeople just sticking to one or two talking points? If you want to improve the communication you have with leads at your next trade show, follow these steps:

Step 1: Prepare Your Angles

Start out by making a list of the benefits your company offers to customers who purchase your product or services: things like up-front cost savings, free technical assistance, free service checks, greater efficiency, higher quality materials, more experienced staff to help, ease of use, etc. Think about the feedback you get from your happy customers and repeat buyers – why do they prefer you to the competition? Be specific and write down key examples.

Step 2: Plan for Personas

Often the only information you have to go on when someone approaches your booth is their name, position and company. Well in advance of your show, create profiles of the types of leads you’ll talk to: CEOs, CFOs, buyers, team leaders, administrators, even entry-level staff and clerks. Connect these profiles to your list of benefits from Step 1, identifying the perks that are most likely to appeal to each persona. For example, a team manager might be most concerned with how your product could improve efficiency within his team, whereas a CFO is wondering if your service could help with budget planning for next year.

Step 3: Train Your Booth Staff

These folks are the smiling face of your brand at every event, and they could be your best mouthpiece with the right training. Organize training before your event, even for experienced staff, and make sure everyone is well versed in the list of benefits to discuss, and the profiles that can help them decide which benefits to discuss with which visitors.

Step 4: Listen and Adjust

Training isn’t just about memorizing personas. Teaching your staff to listen first is vital since many leads will happily share their pain points, needs and concerns upfront – making it much easier to speak to the solutions you can offer them! Make sure your staff understand that their pitch (no matter how well-rehearsed) comes second to asking questions and listening carefully, and should be tailored on the spot to address the needs of that lead. 
 

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Partner Voices
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.