Trade Show Triumph: A Strategic Guide for New Businesses for Better Exposure

Authors

  • VimalKumar Patel Vita Pure Inc

DOI:

https://doi.org/10.47941/ejikm.1503

Keywords:

Selected:Trade Shows, Engagement Strategies, Attendee Quality, Zeigarnik Effect, Pleasure Principle, Storytelling, Social Media Engagement, Feedback, Trade Show Booth, Post-Show Follow-Up.

Abstract

Trade shows stand as beacons of opportunity for growth and recognition. This whitepaper discusses a roadmap to excel on the trade show stage. Drawing from the experience in prestigious events such as Expo West and Expo East, this guide confers a strategic framework tailored to the unique needs of new businesses looking to benefit from trade shows based on their industry. It includes several frameworks to follow before, during, and after tradeshows to help readers improve their trade show presence and in turn, their industry standing.

The paper discusses the challenges and opportunities post-COVID-19, emphasizing the importance of quality over quantity in attendee engagement, a reflection of a 46% rise in attendee quality. It goes on to detail six strategies to master the art of trade show booth engagement. From interactive product demonstrations leveraging the Zeigarnik Effect to gamification rooted in the Pleasure Principle, personalized consultations, storytelling sessions, social media engagement, and feedback stations, each strategy is a powerful tool.

Key to success is the flexibility to adapt, as unforeseen circumstances arise. The whitepaper concludes with a three-part checklist, pre-show, during-show, and post-show, serving as a comprehensive roadmap for event success. The post-show follow-up section emphasizes the importance of maintaining connections and fostering lasting relationships.

Best Naturals extends an invitation to navigate trade shows with excellence. Recognize the potential of trade show interactions, transform them into long-term business relationships, and secure your place in the future of the nutrition supplement industry.

Downloads

Download data is not yet available.

Author Biography

VimalKumar Patel, Vita Pure Inc

E-Commerce Manager

References

Mordor Intelligence, "Event and Exhibition Market Size & Share Analysis - Growth Trends & Forecasts (2023 - 2028)," https://www.mordorintelligence.com/industry-reports/event-and-exhibition-market.

J. G. Navarro, "Average number of trade shows industry professionals exhibited at in the United States from 2015 to 2023, by type," Statista, Aug 24, 2023, https://www.statista.com/statistics/550879/number-trade-shows-attend-usa/.

F. Richter, "Pandemic Woes to Linger for U.S. Trade Show Industry," Statista, https://www.statista.com/chart/23054/revenue-from-business-spending-on-trade-show-exhibitions-in-the-united-states/.

PWC, "Global Telecom and Entertainment & Media Outlook 2023–2027," https://www.pwc.com/gx/en/industries/tmt/media/outlook.html.

J. G. Navarro, "Feelings towards the effectiveness of trade show marketing among industry professionals in the United States as of March 2023," Statista, Aug 24, 2023, https://www.statista.com/statistics/292025/perceived-effectiveness-trade-show-marketing-usa/.

A. M. López, "Most important issues facing the exhibition industry worldwide as of December 2022," Statista, Aug 28, 2023, https://www.statista.com/statistics/378520/most-important-issues-facing-the-exhibition-industry-worldwide/#:~:text=According%20to%20a%20December%202022,with%2016%20percent%20of%20respondents.

J. G. Navarro, "Average trade show budget according to industry professionals in the United States from 2020 to 2023," Statista, Aug 24, 2023, https://www.statista.com/statistics/1331480/average-trade-show-budget/.

A. J. Elliot, "Color and psychological functioning: a review of theoretical and empirical work," https://www.ncbi.nlm.nih.gov/pmc/articles/PMC4383146/.

L. Liu, "Factors Influencing Exhibitor Satisfaction and Loyalty: A Meta-Analysis on the Chinese Exhibition Market," https://www.mdpi.com/2071-1050/12/20/8390.

J. F. Jiménez-Guerrero, "Measurement of Service Quality in Trade Fair Organization," https://www.mdpi.com/2071-1050/12/22/9567.

J. G. Navarro, "Share of event budgets devoted to visitor promotion vs. exhibitor promotion according to industry professionals worldwide in 2019," Statista, Aug 25, 2023, https://www.statista.com/statistics/1126302/event-budget-share-devoted-to-exprom-vs-visprom-worldwide/.

A. M. López, "Leading host countries for conferences and trade shows planned worldwide as of August 2023, by number of events," Statista, Aug 29, 2023, https://www.statista.com/statistics/272105/top-countries-fairs-exhibitions-conferences/.

"Exhibitor Insight 2022," https://www.exhibitoronline.com/topics/insight/IndustryUpdate9.28.22.pdf.

C. M. MacLeod, "Zeigarnik and von Restorff: The memory effects and the stories behind them," https://link.springer.com/article/10.3758/s13421-020-01033-5.

J. S. Wiggins, K. K. Trobst, "Pleasure Principle," https://www.sciencedirect.com/topics/nursing-and-health-professions/pleasure-principle.

J. Spencer, "How to Use 'the Law of Reciprocity' to Build Better Business Relationships," https://www.entrepreneur.com/growing-a-business/how-to-use-the-law-of-reciprocity-to-build-better/330557.

T. Van Laer, K. De Ruyter, L. M. Visconti, and M. Wetzels, "The Extended Transportation-Imagery Model: A Meta-Analysis of the Antecedents and Consequences of Consumers’ Narrative Transportation," https://openaccess.city.ac.uk/id/eprint/6755/1/.

N. Wallani and A. Carrillo, "KFC Bold Sustainability Strides Are Setting An Industry Example," https://www.innovatingcanada.ca/environment/kfcs-bold-sustainability-strides-are-setting-an-industry-example/.

K. Roethke, "Social Influence Tactics In E-Commerce Onboarding: The Role Of Social Proof And Reciprocity In Affecting User Registrations," https://www.sciencedirect.com/science/article/abs/pii/S0167923620300233.

M. F. Foran and D. T. DeCoster, "An Experimental Study of the Effects of Participation, Authoritarianism, and Feedback on Cognitive Dissonance in a Standard Setting Situation," https://www.jstor.org/stable/245053.

Downloads

Published

2023-11-13

How to Cite

Patel, V. . (2023). Trade Show Triumph: A Strategic Guide for New Businesses for Better Exposure. European Journal of Information and Knowledge Management, 2(1), 21–41. https://doi.org/10.47941/ejikm.1503

Issue

Section

Articles