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Growing and Scaling Your Business
Entrepreneur Topics
Trade Shows: The Impact That Had or Didn't Have On Your Business
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<blockquote data-quote="MJ DeMarco" data-source="post: 718756" data-attributes="member: 1"><p><strong><em>Note: This was years ago and in an industry that is now on life support...</em></strong></p><p></p><p>I found our trade shows pretty worthless and far too expensive for any benefit.</p><p></p><p>I did our major trade show twice and instead of finding new customers, our existing customers stopped by and said "hello!"</p><p></p><p>When I clarified that our growth was predicated on user traffic (not companies to feed that traffic upon) I stopped going.</p><p></p><p>Sure saying "hello" to your clients is nice, but not at a cost of $30K for 3 days. When the show is in Vegas or some other heavily unionized place, be prepared to pay an arm and a leg. </p><p></p><p>Need a crate hauled in from the shipping port? $100. </p><p>Need electricity? Pay an electrician $500 for a 30 second hook-up.</p><p></p><p>It's a f*n racket.</p><p></p><p>Obviously things might be different per the respective industry, especially if you're launching something new and innovative, but that was my experience.</p><p></p><p>If you meet ONE person at a trade show (say a big distributor) it could really get the ball moving.</p><p></p><p><strong>It's a big decision that needs a really hard analysis of cost-benefit.</strong></p></blockquote><p></p>
[QUOTE="MJ DeMarco, post: 718756, member: 1"] [B][I]Note: This was years ago and in an industry that is now on life support...[/I][/B] I found our trade shows pretty worthless and far too expensive for any benefit. I did our major trade show twice and instead of finding new customers, our existing customers stopped by and said "hello!" When I clarified that our growth was predicated on user traffic (not companies to feed that traffic upon) I stopped going. Sure saying "hello" to your clients is nice, but not at a cost of $30K for 3 days. When the show is in Vegas or some other heavily unionized place, be prepared to pay an arm and a leg. Need a crate hauled in from the shipping port? $100. Need electricity? Pay an electrician $500 for a 30 second hook-up. It's a f*n racket. Obviously things might be different per the respective industry, especially if you're launching something new and innovative, but that was my experience. If you meet ONE person at a trade show (say a big distributor) it could really get the ball moving. [B]It's a big decision that needs a really hard analysis of cost-benefit.[/B] [/QUOTE]
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Trade Shows: The Impact That Had or Didn't Have On Your Business
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