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Profitable International trade show
1. 11
Module 3 - 2Module 3 - 2
To make its participation to
a trade show profitable
2. 2
Objectives of the lectureObjectives of the lecture
►At the end of the presentation,
the participants will be able to:
► Define its objectives;
► Develop a winning strategy;
► Identify the criteria to choose the trade show adapted to
his needs;
► Understand the activities of preparation for his
participation :
► Planning of the human resources
► Planning of the material resources
► Planning of the financial resources
► Understand the sale activities at the trade show;
► Identify the activities of follow-up after the trade show.
3. 3
The objectives most frequentlyThe objectives most frequently
pursued by a participation in a tradepursued by a participation in a trade
showshow
► To make sales
► To obtain « leads »
► To contact customers
► To create an image
► To present new products / services
► To show specialized products / services
4. 4
Objectives (…)Objectives (…)
► To meet medias
► To make a market research
► To recruit agents or rep.
► To implement a competitive or strategic
intelligence strategy
« To settle and understand your objectives will help
you to determine your role, settle realistic
objectives, choose a strategy at the kiosk,
prepare your tools, schedule your time and make
your follow-up. »
6. 6
Roles and functions of the tradeRoles and functions of the trade
showsshows
► Gathering place for the producers and theGathering place for the producers and the
consumersconsumers
► Complete promotional activity.Complete promotional activity.
► Profitable activity: gather many customersProfitable activity: gather many customers
in a short period of timein a short period of time
7. 7
The various types of trade showThe various types of trade show
►General or horizontal trade showGeneral or horizontal trade show
►Specialized or vertical trade showSpecialized or vertical trade show
►InternationalInternational trade showtrade show
►NationalNational trade showtrade show
►RegionalRegional trade showtrade show
8. 8
The objectives pursued by aThe objectives pursued by a
participation in a trade showparticipation in a trade show
► To sell
► To do a market research
► To launch a new product
► To promote a product
► To enter a new market (search of agent,
distributor or broker)
► To introduce its company and increase its
notoriety
► To increase its market share
► To support an agent already active on the
market
9. 9
Causes of theCauses of the
failuresfailures
► The trade show is not adapted to the needs of the
company
► The products are not adapted to the market
► The company is not ready to export
► Planning is non-existent
► The objectives were not determined or were too
vague.
► The trade show was not integrated in the
marketing strategy.
10. 10
The trade shows : 3 potential rolesThe trade shows : 3 potential roles
► 1- Visitor:1- Visitor:
make a market research,make a market research,
gathered information about the competitive market,gathered information about the competitive market,
recruit partnersrecruit partners
► 2- Exhibitor:2- Exhibitor:
sell,sell,
Gathered « leads »,Gathered « leads »,
recruit partnersrecruit partners
► 3- Lecturer:3- Lecturer:
Increase your credibitityIncrease your credibitity
11. 11
Trade shows in a marketingTrade shows in a marketing
strategy : to optimise itsstrategy : to optimise its
participationparticipation
► Use lnternet !Use lnternet !
► Identify the trade showsIdentify the trade shows
► Identify the participantsIdentify the participants
► Get in contactGet in contact
► Potential customers or suppliersPotential customers or suppliers
► Share information on the fairShare information on the fair
► Get to know each others, share samples, etc.Get to know each others, share samples, etc.
► Meet to sign a contractMeet to sign a contract
► Evaluation and follow upEvaluation and follow up
12. 12
To present servicesTo present services
►Make from the intangible something tangibleMake from the intangible something tangible
►Sell a product!Sell a product!
What do you offer?What do you offer?
Which are the benefit?Which are the benefit?
►Use information technologies (PowerPoint),Use information technologies (PowerPoint),
samples, etc.samples, etc.
« « To decorate the stand is not enough!To decorate the stand is not enough! » »
14. 14
Selection criteria for the
good trade show
► Types of products exposedTypes of products exposed
► Types of visitors, their numbers and theirTypes of visitors, their numbers and their
fidelityfidelity
► Types of exhibitors,Types of exhibitors, their numbers andtheir numbers and
their fidelitytheir fidelity
► Types of trade shows: vertical orTypes of trade shows: vertical or
horizontal sellers and vertical or horizontalhorizontal sellers and vertical or horizontal
buyers.buyers.
► Types of marketTypes of market
15. 15
Evaluation of a trade showEvaluation of a trade show
►Depends of your objectives
At the strategic level:
► Reputation (trade show + organizers),
► History,
► Participation (companies, number of visitors).
At the financial and logistic levels:
► Dates,
► Expenses,
► Documentation,
► Trip.
16. 16
► Portail du ministère de l’économie et du
commerce du Liban
► Trade Show Week Databook
► Shows & Exhibitions Directory
► Guide des événements d ’affaires
► CanadExport / MAECI
► Les Salons français (Le MOCI)
► Les Foires et Salons à l ’étranger
► International Trade Fairs & Conferences
Directory
► Internet
Reference MaterialReference Material
19. 19
► The schedule of the activities
surrounding its participation to the
trade show
► The reservation of the site
► The choice of the stand
► The choice of the products and of the
documentation
► The transport, the insurance, the
customs
► The transport, the lodging and the
meals of the personnel
Planning of the material resourcesPlanning of the material resources
20. 20
► Anticipate the cost of:
the site
the stand, the services of electricity and plumbing and the
labour force
the transport of the products and material
the handling
the decoration of the stand
the transport, lodging, meals of the personnel
the publicity, folders, promotional literature
the promotional activities, etc.
Planning of the financialPlanning of the financial
resources and budgetresources and budget
21. 21
Planning of the supportsPlanning of the supports
►Identification of the employeesIdentification of the employees
►Business cardsBusiness cards
►DocumentationDocumentation
►Price (devise, Incoterm)Price (devise, Incoterm)
►MediaMedia
►Web PromotionWeb Promotion
►Video, audio, Power pointVideo, audio, Power point
►ConferenceConference
22. 22
The standThe stand
►The decision:
Purchase or lease
►The site:
advantages and disadvantages
►The function:
A meeting point
Announce your presence
Your message
Present your products
Facilitate the discussion
23. 23
Practical exercisePractical exercise on the planningon the planning
and the budgetand the budget
►1. Draw up a budget by item:
site at the trade show and services
stand and labor force
transport, insurance, customs clearance
transport, insurance of the stand and
material
transport of the people, lodging, meals
documentation according to the selected
types
detailed promotional strategy
►2. Establish a bill book and
specify:
the deadlines
25. 25
The sale at the standThe sale at the stand
► The begining or the openingThe begining or the opening
► The identification of the purchasingThe identification of the purchasing
power of the visitorpower of the visitor
► The presentation of the products orThe presentation of the products or
servicesservices
► The conclusionThe conclusion
► The follow-upThe follow-up
26. 26
The purchasing power of the visitorThe purchasing power of the visitor
► The functionThe function
► TThehe recommendation or decision-recommendation or decision-
making powermaking power
► The needsThe needs
► The deadlineThe deadline
► The financial resources availableThe financial resources available
27. 27
Is your Web site adapted to theIs your Web site adapted to the
international trade?international trade?
►www.votrwww.votre_site.ce_site.comom
LanguageLanguage
24/2424/24
ConversionConversion
Inscription foreign enginesInscription foreign engines
Meta tagsMeta tags
OtherOther
28. 28
Virtual trade showsVirtual trade shows
► Find your potential customersFind your potential customers
► Find your competitorsFind your competitors
► Negociate before the eventNegociate before the event
► Visit the trade show to conclude the saleVisit the trade show to conclude the sale
……