We live in a fast-paced world constantly fed with many exhibitions whether virtual or physical. We can agree that businesses can benefit greatly from exhibiting at trade shows. Exhibitions are powerful marketing tools as they provide you with a platform to introduce yourself, your company, and your business ideas to people you may never have thought of reaching out to before.
Although your business can benefit a lot from joining an exhibition event for your industry, there are, of course, risks to take into consideration. But with proper planning, good promotional material, and an eye-catching booth, you will be good!
What are the advantages of Exhibitions?
What are the disadvantages of Exhibitions?
1. Built Relationships and Networking
Exhibitions provide you with the opportunity to create and build new relationships while also nurturing existing ones. It is also a great way to meet suppliers and learn more about your competitors.
2. Raise Awareness
An exhibition is an excellent way to raise your profile and generate brand awareness. There are other advertising and sponsorship opportunities, including branded goody bags, branded seating or even sponsoring the event itself.
3. Save Time and Cost
Exhibitions help you save time and travel costs when well planned. You can meet your target audience in one location instead of travelling to their offices or homes.
4. Launch New Product
Exhibitions are a good place to introduce new products or services. Being able to explain in person and give hands-on experiences is ideal if your product or service is innovative.
1. Staff Training
With exhibitions going on at a different location or even region of your office, you may need to invest in staff training or part-timers about your products and services.
2. Competition
It is likely your brand competitors will also be exhibiting at the event you plan to join. So you’ll need to stand out to get the attention of potential customers. However, don’t lose this opportunity to learn.
3. Cost
Costs include but are not limited to stand space, booth design and build, travel, and accommodation for staff if needed.
Take a look at our range of exhibition booth displays for ideas on how to make your business stand out from the competition without breaking the bank.