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The promotional advantages of the exhibition
Published:2023-05-08   Views:2632 Back

1. Low-cost access to qualified business partners and customers is most effectively achieved through exhibitions. According to a study by exhibition research companies, the average cost to reach one visitor at a trade show is $177, compared to $295 to reach a customer via cold sales calls.

2. Less follow-up work and higher client quality. Once qualified customers are met at an exhibition, the follow-up workload is minimal. Research shows that an average of only 0.8 follow-up calls are needed to close a deal with a lead from a trade show, whereas typical sales methods require 3.7 calls. Another study by McGraw-Hill Research Foundation found that 54% of orders placed by exhibition visitors require no further in-person follow-up visits.

3. High-quality potential customers. Studies indicate that only 12% of visitors to an average booth had been contacted by the company’s sales team in the previous 12 months; 88% are new potential customers, many of whom are high-level decision-makers. In addition, 49% of visitors plan to purchase products or services similar to those displayed by exhibitors.

4. Competitive advantages. Exhibitions provide a platform for companies to showcase their strengths in front of industry competitors. With well-trained booth staff, proactive pre-show and on-site promotions, attractive booth design, and structured follow-up, exhibitors can fully demonstrate their competitiveness. Visitors also use the event to compare different suppliers, making it an ideal opportunity to highlight the superior features of products.

5. Time efficiency. During the exhibition period, exhibitors can meet more potential customers than sales representatives can reach in three months. Meeting potential clients face-to-face is one of the fastest ways to build stable business relationships.

6. Strengthen customer relationships. Customer relationship management is a priority for many companies, and exhibitions offer an excellent way to engage with existing clients. Exhibitors can express gratitude through warm hospitality, one-on-one dinners, special services, and other personalized arrangements.