Smaller might be better for trade shows
Rising costs and dwindling attendances at national exhibitions are forcing companies to reconsider whether spending a large chunk of their marketing budgets on such events can still be justified.
Rising costs and dwindling attendances at national industrial exhibitions are forcing marketing managers to reconsider whether spending an increasingly large chunk of their marketing budgets on such events can still be justified.
Many are finding that regional exhibitions represent a much more cost-effective use of resources.
John Palmer, UK sales manager for Hepco Motion - a UK manufacturer of linear slides and bearings - is one such convert: "Our experience is that support for some of the larger shows at venues like the NEC is in decline".
"Many within industry feel that some of these shows have become out of touch not only with the market, but also with the needs of both exhibitors and visitors." "As exhibitors lose interest in these events, it becomes harder for visitors to justify time spent away from the office." On the other hand, a regional focus means less travel, less expense and increased relevance for exhibitor and visitor alike.
Phil Valentine from regional show Southern Manufacturing said: "If buyers are less likely to travel to national events, then it's logical for potential suppliers to take their products to them by exhibiting at shows like Southern Manufacturing".
"Buyers often come to regional shows with a specific purpose in mind, and because the show is on familiar territory, they feel more comfortable seeking you out".
Palmer added: "Something like 50% of the leads generated at Southern Manufacturing are from companies that we weren't aware of before".
Southern Manufacturing 2006 will open to the public on 8 and 9 February at Thorpe Park in Surrey.
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