Embarking on a trade show journey is like running a marathon, requiring detailed planning, a strategic approach, and robust preparation. An effective trade show business plan, often referred to as a “program,” is crucial to staying organized and making the most of your exhibition experience.
Trade shows provide a vital platform for businesses to showcase their products, promote their services, and cultivate key network connections. By planning ahead for your exhibitions—preferably a year in advance—your business will have ample time to set clear objectives and devise strategies to maximize your time on the trade show floor.
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When planning a program for a trade show, the first step for any organization should be to determine their financial limitations and establish a budget. Navigating the unpredictable costs associated with transporting your team and booth to a new location can be challenging. However, a head start on controlling the costs you can predict will minimize risk and maximize your spending potential.
Planning on exhibiting at several trade shows in a short span? Use this to your advantage. Consider the size and dimensions of your exhibit space across different shows. Renting a booth that can be used across multiple exhibitions can save considerable amounts on design, construction, and other fees.
In this vein, streamlining shipping is another way to cut costs. Aim to transport your materials directly from one show to another, reducing storage and shipping costs. Adopting variable branding, where some designs are consistent and others are customized to each event, can save both time and money.
Prior to registering for any trade show, set clear objectives that you aim to achieve as an exhibitor. Reflect on how the exhibition will serve your overall marketing plan, the key areas of emphasis, the metrics for tracking your goals, the popular exhibiting environments within your industry, and the place of exhibiting in your business or marketing budget.
Setting these objectives in advance helps businesses develop realistic budgets, set achievable goals, and craft strategic plans for trade show success. Having explicit expectations will equip your team with a better understanding of what they hope to achieve at the show and why it is crucial to the company.Doing Your Homework
A solid trade show business plan involves in-depth research on the shows you’re most interested in. Understand the timing and geographic proximity of each show to determine which ones are feasible to attend. Each show will have specific requirements regarding booth sizing, shipping, exhibitor deadlines, and venue regulations. Knowing these will help you avoid unnecessary complications.
The team you bring to a trade show can make or break your success. Select a team that showcases the best your business has to offer. Ensure that your chosen team members are well-versed in all aspects of your products, services, and trade show business plan.
Consider third-party support to assist your team, such as trade show designers to manage logistics, shipping, and budgeting, or an external sales team to handle the influx of visitors.
One of the most exciting aspects of any business plan for a trade show is the process of designing and ordering the trade show displays you will use. However, only order your display materials after finalizing your trade show strategy and securing your exhibit space.Develop a Before, During, and After Plan
Create pre-show, day-of-show, and post-show timelines and checklists for your team to keep track of responsibilities. Regular updates and checks can help hold everyone accountable and ensure all tasks are completed on time.
Develop a clear packing list and plan that outlines the exhibiting materials you’ll be bringing to the show, their transportation method, and other relevant details. Be mindful to avoid overpacking as it can damage your materials. Invest in quality packing materials and leave some additional room in your bags for any materials you might acquire during the show.