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Part
#6 of the 7 Deadly Mistakes Exhibitors Make When
Purchasing Promotional Products
For Trade Shows.
Hall-of-Famer, Yogi Berra was talking
about baseball when he made the famous statement, “It
ain’t over till it’s over,” but
he could have easily been talking about trade show
exhibiting.
You know the feeling at the final
hour, right? “Phewfff… it’s over.” If
you are like most exhibitors, you pack up your booth
and wait until the next show to market again. But
here’s the truth - companies that get the BEST
results will market continuously to the contacts they
met at the show until the start of the next show the
following year.
I’ll rephrase Yogi for trade
show purposes. “It ain’t over till… next
year’s show starts!”
Don’t
Drop the Ball
If you think it’s nothing, think again. The most successful exhibitors
continue to build on their original presentation with consistent follow-up. And
they do it along many different channels.
Picture it like this: Have you ever
spun a basketball on your index finger? Well, when
you leave the show the ball is spinning and the momentum
from that first contact will keep the ball on your
finger for a short time.
But remember - in order to keep
that momentum, you must tap the ball or it will fall
off your finger. Just little taps every so often will
help the ball spin forever. The same goes for your
prospects.
Don’t forget - once you lose
momentum and the ball falls off – you’re
back to starting from scratch.
Post show follow up is essential
to maximizing results. It makes all the difference
between a successful show and a mediocre show. Thinking
last year’s show was a bust? Asking yourself
if you should even bother doing it again this year?
Well before you answer, take a hard look at how your
follow-up was. If you didn’t get the results
you were looking for, there’s a good chance
the ball was dropped in your post show follow-up
Put Yourself in
Their Shoes
Have you ever attended
a show as a buyer? The amount of information you will
receive and the number people you will meet is overwhelming.
Putting the company names, faces, and products together
is a major challenge.
As an exhibitor, you
actually do remember specific prospects. The lengthy
conversations you had or how exited they were. And
you actually mentally counted the money they are about
to spend. But here’s the real kicker…You
call them up a week later, and can’t distinguish
you from the next exhibitor. Maybe they think you are
someone else, from a different company, with a different
product. So it takes five minutes to re-introduce yourself
and start from scratch! Has this happened to you?
Hey, it’s not
their fault; trade shows are overwhelming and follow-up
is an essential to acquiring customers.
It’s Me,
the Guy Down Here on Your Paper Cube
Consider these two facts:
- 71.6%
of trade show attendees could recall the name of the
company they received
the promotional items from after the show.
- 76.3% of attendees had a favorable attitude
toward the company that gave them the promotional
item.
Sure, they may forget
you, your company, and what you sell. But you know
what they’ll remember? The gift you gave them. I
use to mail information after a show, but I also made
phone calls to all my leads. And that call would always
include the line “I’m the guy with the
putting green who gave you the T-shirt.” Once
I mentioned the gift I gave them, they immediately
knew who I was. From there, the selling process picked
up where it left off at the show.
Strike While the Iron Is Hot
Think about it... Whether you are
going to call, send a postcard, mail a catalog, or
set up an appointment, it is important to keep the
leads warm. There is no denying that the continuous
exposure of promotional items will help.
So instead of hoping they remember you, remind your prospects of your previous
meetings. Take control to ensure your contact will in fact be a follow-up call – not
a cold call
Fail to Plan and You’ll
Plan to Fail: Post-Show Follow-Up
Let me ask you this… Do you have a follow-up plan ready for action even
before you go to your show? You should
Check out this tidbit – A
study by Baylor University showed dimensional mailers
with a promotional item got a 57% better response
rate than an envelope with only a promotional item.
Ok, sounds great, but what is a “dimensional
mailer?” Have you ever been sent a piece of “lumpy” mail
with a pen in it? That’s a dimensional mailer – it
could also be tubes, boxes etc. Believe me - these
mailers get opened! Human curiosity will keep it from
the junk mail pile. Dimensional
mailers are a great way to get your samples and your
literature looked at… put a promotional product
in there to reinforce your trade show message! Let
me say this again…Do NOT put off your follow-up
until you get back. Have it ready to send before you
go to the show. Come back, put the labels on it and
send it. Think about it… You will be too busy
after being out of the office for a few days to start
from scratch and it is important to act while the
lead is hot.
Want to keep that ball spinning?
Be sure to mail to your prospects periodically throughout
the year. Habit 6: Synergize Principles of Creative Communication
The saying goes, “You
were given two ears and one mouth,” and this
was done for a reason. Listen more than you speak
and you will learn a lot more about what the customer
is telling you. Listen to their words, translate their
body language. When you think you’ve figured
it out, feed the information back to the customer
in their own words and language. From there, use qualifying
questions to build mutual trust and understanding
to overcome any objections.
Pre-Approach
So we’ve covered some different
ways you can follow-up with prospects AFTER the show…but
what about BEFORE your next show?
Check out this statistic: Research
shows 76% of trade show attendees have decided BEFORE
they get to the convention which booths they will
visit.
Before you know it, a year will
pass and it will be time for the next show. Make
no mistake about it - you will want to approach those
original leads again and try to get those who you
didn’t convert to customers yet back to the
booth.
Remember they are no longer “new
prospects.” They are warm leads who know who
you are.
Two-Part Promotions
A great way to get your old prospects
back to the booth next year is with a “two-part
promotion.” Do you recall my Pre-Approach lanyard
story from Mistake #3? It was about how I sent out
colored lanyards to customers so that I would know
who they were. Well, the same type of promotion can
be used for those prospects you did not convert.
Here are some examples. You can
do as I did and send a colored lanyard. Another effective
tool is to send them a postcard that displays a Free
Gift you will have for them if they stop by your
booth again.
Remember, a gift that will be something
they can use at the show is always a good idea…and
it can get you on their list of people to see first.
Two-part promotions are a great
to re-attract traffic back to your booth…especially
when you are targeting existing customers and prospects
from prior shows.
And think about this… if
they show up and hand you the postcard you sent them,
you can plan your pitch accordingly.
But I’ve found one snag… and
it’s with cold leads. I’ve found that
two-part promotions are still effective with cold
leads, but the conversion rate is often lower. Remember,
they’re not “qualified” leads,
so you won’t have the same results.
The solution? Keep your warm leads
warm. It’s not easy to break people’s
buying habits. In fact, studies show it takes an
average of 7-9 contacts with a new prospect before
they become a customer - so make sure you stay in
front your prospects consistently.
Quantify Your Results
Here’s something your probably
already know about… The question is – “Do
you do it?” Do you track where your new customers
come from? If not, it’s time to get on the
ball
Most accounting programs make it
easy enough for you. They include a field to enter
where the customer came from. (referral, trade show,
internet etc.) You can even review monthly reports
with you staff to see how the show follow up is doing.
Map out where your customers come
from; check your source codes every year. You know
what’s great? Look at results after 5 or 10
years. When you see it in black and white, you will
realize the true return and value of your follow
up efforts.
RJ Williams, is the owner of Poor
Richards Promos. Our goal is to help educate exhibitors
and give them the tools to maximize their trade show
results.
Email for free marketing tips, “52 Ways to
Trade Show Wealth.” For a copy of our full
report, “7 Deadly Mistakes Exhibitors Make
When Purchasing Promotional Products for Trade Shows” visit www.poorrichardspromos.com
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