With trade shows being the best opportunity to bring investors and buyers together, there is a lot of effort put into them. With full-on campaigns, demos, and competitions, these B2B trade shows aim to bring profitability, and success to the companies and businesses attending them through B2B marketing.
The chance to showcase their new products and services is an opportunity that not many let go of. This is because this opens up the way for them to get investment from investors and decision makers who can become potential customers as well. This is why organizers do their best to ensure that their B2B trade show is a success.
The ingredients for success
You need to understand that a trade show is all about providing a B2B marketing platform for businesses to trade and conduct meetings. Therefore, you cannot just go in without preparation.
There is a need to understand the environment that you are getting into and to make sure that you have what you need to successfully host a trade show.
So, what are these ingredients you ask? What is it that will separate a successful event and a failed one? Well, read on below.
· Solidify your goals
The versatility and the dynamics of a trade show is a major advantage that goes in your favor.
Because of constantly changing tech, and how it is used for events and shows allows you to enhance your visibility and increase awareness while fulfilling multiple objectives in your B2B marketing checklist such as generating leads and launching products.
That is why you need to look at what it is you want to gain through your trade show.
If you are trying to check every objective on your list then that will just make it more difficult to manage.
Focus points and a definitive scope will help you plan a more focused trade show.
· Know your target
When planning your tradeshow, the worst mistake you can make is to assume that your audience of decision makers and potential customers will remain the same as compared to your other trade shows.
You need to understand your audience from a B2B marketing perspective otherwise you will not be able to deliver a successful event.
These events are such that they rely heavily on the industry that you are pointing towards. Therefore, it is rather obvious that your audience of decision makers will differ as well. Therefore, the event’s style, structure, and format will always be unique and different from each other to cater to different decision makers and potential customers.
You will need to isolate the different segments of the audience that you are targeting and incorporate their needs into the style, structure, and format of the trade show. This is because they will each have different needs and requirements.
Another thing to note is you cannot disregard your niche and virtual audiences either. They are no less important than your core audience. Such audiences will require different forms of engagement so you will have to consider them too.
· Develop engaging content
You need to ensure that your tradeshow has diverse content to cater to different B2B marketing needs. If you keep pushing the same content, it can lead to failure.
Therefore, dynamic content is needed for an ever-changing audience. Otherwise, audience members will easily get bored and will lose interest in your event thereby leading to lowered attendance.
Studies show that 39% of event organizers agreed in 2019 that the most crucial part of a live event is an engaged audience.
· Set up qualified meetings
Presentations about businesses are no longer enough for a trade show to be successful.
You need to be clever. You need to see and target specific segments of your core audience who you believe can become recurring clients.
Your show can have the flexibility to provide them with one-on-one meetings with technology at the forefront geared to enhance engagement and user participation, therefore, leading decision makers and potential customers to positive conclusions about you.
If you go the extra mile and arrange qualified b2b meetings then your show will be even more successful.
· Do not be afraid to partner up with pros
Professionals in the business can help you if you are an amateur trade show organization and do not know much about decision makers in the b2b marketing business.
You can always rely on the help and assistance of professionals who have been in the b2b events business for a long time.
Each professional has different attributes and strengths so be careful who you choose to partner up with.
Professionals like AladdinB2B have a lot of experience with such events and we offer services like B2B meetings, client database, pre-targeting networking as well as custom tools that can boost your trade show.
· Do not be afraid to take inspiration from others
Event organizers and trade show hosts are people after all. And people run out of ideas sometimes. Whether it is related to trade shows and their themes or it is about successfully providing an environment for B2B marketing. Do not worry we have all been there.
The important thing is to be flexible and dynamic. If you run out of ideas then do not hesitate to take inspiration from others. Scour the web, and look at what your competition is doing. Maybe you will find yourself with a light bulb striking, on the top of your head.
Once that happens, you are good to go. Just remember, that you cannot attract major decision makers and new potential customers of companies without giving them something to be excited about.
· Reviews and Analytics
How would you be able to conclude that your event was a success? What actions will you take? What is the point of having objectives if you cannot analyze, or measure them and see where you stack?
To gauge your success level, you will need a detailed analytics and review system where your data should be compiled from different sources and mechanisms to provide you with the best analysis for your show.
If you have a mediocre analytics section, you will not be able to understand what you did wrong or what you did right.
There are many more elements that go into making a trade show successful and you will earn these as you go along. Some of them will matter in particular events while others might not., It is all about understanding which elements of success will be useful to a particular trade show that you are hosting.
AladdinB2B has experience in a wide variety of them and we know how to make each one work. Our experience in the industry is more than 15 years and our professionals are tried and true as we have pulled over some great events which you can check out on our website.
With our experience in making events a success, combined with our B2B matchmaking tools, your trade show is guaranteed to be a success and will deliver a better experience for the show’s attendees.
Want to make your hybrid trade show a success? Contact our genie today.