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11
Module 3 - 2Module 3 - 2
To make its participation to
a trade show profitable
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
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
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. »
55
Section 1Section 1
ElementaryElementary
conceptsconcepts
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
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
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
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
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
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
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! » »
1313
Section 2Section 2
To choose anTo choose an
internationalinternational
trade showtrade show
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
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
► 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
17
►Financial assistanceFinancial assistance
 MinistriesMinistries
 International fundsInternational funds
 Etc.Etc.
►PlanificationPlanification
 GovernmentsGovernments
 Commercial delegatesCommercial delegates
Governmental
assistance
1818
Section 3Section 3
Planning for the
participation
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
► 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
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
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
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
2424
Section 4 :Section 4 :
Winning strategyWinning strategy
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
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
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
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
……
2929
Section 5:Section 5:
Activities afterActivities after
the trade showthe trade show
30
The follow-upThe follow-up
►IMMEDIATE FOLLOW-UP:IMMEDIATE FOLLOW-UP:
 Mail, phone, visits, thanksMail, phone, visits, thanks
►EVALUATION OF ITS PARTICIPATION:EVALUATION OF ITS PARTICIPATION:
 Performance analysis, recommendationsPerformance analysis, recommendations
31
Thank you for your attention!Thank you for your attention!

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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! » »
  • 13. 1313 Section 2Section 2 To choose anTo choose an internationalinternational trade showtrade show
  • 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
  • 17. 17 ►Financial assistanceFinancial assistance  MinistriesMinistries  International fundsInternational funds  Etc.Etc. ►PlanificationPlanification  GovernmentsGovernments  Commercial delegatesCommercial delegates Governmental assistance
  • 18. 1818 Section 3Section 3 Planning for the participation
  • 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
  • 24. 2424 Section 4 :Section 4 : Winning strategyWinning strategy
  • 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 ……
  • 29. 2929 Section 5:Section 5: Activities afterActivities after the trade showthe trade show
  • 30. 30 The follow-upThe follow-up ►IMMEDIATE FOLLOW-UP:IMMEDIATE FOLLOW-UP:  Mail, phone, visits, thanksMail, phone, visits, thanks ►EVALUATION OF ITS PARTICIPATION:EVALUATION OF ITS PARTICIPATION:  Performance analysis, recommendationsPerformance analysis, recommendations
  • 31. 31 Thank you for your attention!Thank you for your attention!