Lana Novytska’s Post

View profile for Lana Novytska, graphic

GLOBAL SWISS GROUP | Head of Distribution | Head of Business Development

🌟 Why Trade Shows May Not Be Worth the Investment 🌟 As someone who has attended and observed numerous trade shows over the years, I've started to question their effectiveness in today's fast-paced digital landscape. Here are a few reasons why trade shows might not deliver the ROI we expect: 1. Changing Buyer Behavior 📈: Today's decision-makers conduct extensive online research before attending an event. This shift means that traditional face-to-face interactions often play a secondary role in their decision-making process. 2. High Costs 💰: The expenses associated with trade shows—booth design, travel, accommodation, and materials—can add up quickly. Many businesses find that they can achieve similar or better outcomes through targeted online marketing and networking. 3. Limited Audience Engagement 🤔: Often, trade shows attract a varied audience, but not always the right audience. Many attendees come to sample hundreds of offerings rather than engage deeply with specific vendors, making meaningful connections difficult. 4. Overstimulation 🤯: With countless booths and vendors vying for attention, attendees can feel overwhelmed. This saturation can dilute individual brand messages, making it harder for companies to stand out. 5. Digital Alternatives 🌐: With the rise of virtual events and digital platforms, businesses can now reach global audiences without the same level of investment and logistical complications. 6. Post-Event Follow-Up Challenges 📇: The lead generation from trade shows often leads to piles of business cards and scattered follow-ups that can easily get lost in the shuffle. Additionally, participating in a trade show can be incredibly disruptive. You can easily spend more than a week preparing and attending, often returning with little to show for it. I’d much rather invest that time in research and lead generation. Plus, let’s not forget the risk of coming back sick 🤒 due to climate changes and crowded environments. Instead, I prefer a structured approach to my work: First Touch: Email, call, or chat 📧📞💬 First Meeting: Conducted online 💻 Follow-Up: After the initial meeting 🔄 Second Meeting: To agree on the assortment and other contract conditions ✔️ Contract Signing: Finalize the agreement 📝 In-Person Meeting: At the partner's office for a personal touch 🤝 This method allows for more meaningful engagement and ultimately leads to better business outcomes. 🚀 Reflecting on my exciting experience at the Prowine 2016 Trade Show in Singapore. #tradeshow #followup #experience

  • No alternative text description for this image

To view or add a comment, sign in

Explore topics