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(For
Show Organizers Only)
Marry Your Exhibitors
The traditional
exhibitor/organizer relationship will not survive the pressures
of today's competitive marketplace. As a result, show organizers
need to find new and improved ways to keep the exhibitor of the
future happy and loyal. Exhibitors expect a lot more from show management.
They are more demanding, savvier and are driving the tradeshow business
more than ever before. Exhibitors will no longer tolerate any tactics
that maximize short-term profitability at their expense. They expect
to pay for services that provide value and satisfy their needs.
When necessary, they will band together and rebel for what they
want. Partnering is the wave of the future. In his book, "Stop Sell,
Start Partnering," Larry Wilson compares a partnership to a good
marriage. It needs to be: * long-term * strategic * value-based,
and * interdependent.
1.
Long Term
The foundation for a long-term partnership, three to five years
or more, is having the same values and sharing a common purpose.
Your constant long-term aim should be to deepen and strengthen your
ties. The more you meet exhibitor needs the deeper their reliance
on the partnership.
Depending on
their experience, exhibitor needs vary. Never assume you know and
understand their situation. The most effective way to uncover needs
is to ask directly. Focus groups, questionnaires, and phone calls
are some standard ways to capture valuable information. Needs change,
so this must be a constant and ongoing process.
Capturing the
information is only the first step. Listening and taking action
are key to building trust, reliability and loyalty. Exhibitors want
to know that you care and are sincerely interested in helping them
succeed. Remember, it is always best to under promise and over deliver,
rather than the opposite.
2.
Strategic
Success in a partnership is more than just selling the exhibitor
booth space. It also means being strategic. To make your partnership
strategic, work to understand the exhibitors' business, and their
exhibiting strategy.
For exhibitors,
success at a show means reaching goals. Most of the time, this interprets
as hardcore bottom-line results - sales and profitability. What
can you provide to help them succeed? For the novice this may mean
offering advice on all aspects of exhibiting, from resource information
to training. The well-seasoned professional who is open to help,
often looks to continuously improve performance. Organizing "think
tanks" with other exhibitors can generate powerful new approaches
to exhibiting success.
Your strategy
is to help their strategic approach to exhibiting - helping them
make more money, save money, or add value to their customers.
3.
Value-based
Another aspect of the partnership is sharing basic values and beliefs
regarding business. People want to do business with people they
trust and who are like themselves. Honesty and value for money is
expected. On a higher level, more is required. The deeper and more
connected the relationship, the more trust and values play a critical
role. For example, if proprietary information is shared, there needs
to be a feeling of complete confidence that the same information
will not be shared with competitors.
The first step
is establishing your own values as an organization - knowing your
business priorities and what you believe is important. Every employee
needs to fully understand and be committed to these values. Then
look to compare values with exhibitors. True long-term partnerships
can only be developed with exhibitors who share common values.
Another essential
aspect is how you value exhibitors. How true is the old catch phrase
"the customer is king" in your organization? Who comes first the
boss or the exhibitor? The exhibitor-keeping organization organizes
itself around exhibitors, not around the hierarchy. Every employee
needs to know and understand that it is the exhibitor and not the
CEO who makes it all possible.
4.
Interdependent
Interdependence means going from "me" to "we". This is when the
partnership takes on the characteristics of one organization, rather
than separate, distinct organizations. This involves relationships
at all levels in the organization, from the sales force, customer
service, marketing, finance, through to senior management. The exhibitor
needs to know and understand your organizational dynamics, and you
need to understand theirs.
Communication,
flexibility, attitude, integrity and user-friendly policies are
keys to building partnerships that work. Long-term relationships
are dynamic, not static. They are constantly changing, either getting
stronger or weaker. If you let a relationship stagnate, it will
weaken and eventually die. It needs regular maintenance to keep
growing. The following is a checklist of things to do every day
to keep partnerships growing:
1. Always look
to continuously improve the partnership.
2. Always understand, respond to and exceed exhibitor expectations.
3. Always anticipate and find solutions to exhibitor problems.
Like marriage,
not everyone is right for a partnership. Long-term relationships
with exhibitors are reserved for those who are open to making all
elements of the partnership work - strategic, value-based and highly
interdependent. The sophisticated exhibitor and those serious about
tradeshow marketing, will look for and welcome partnership opportunities.
They know and understand the enormous rewards to be reaped. They
know that the future business model is one of collaboration, alliances
and strategic partnerships.
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