The world's largest technology trade show -- The Consumer Electronics Show (CES) ? held in Las Vegas in January spanned over 1.8 million square feet of space or the equal of 35 football fields. There were over 2,700 trade show exhibitors and more than 140,000 trade show visitors from 130 countries. In fact, the CES is America's largest annual trade show of any kind.
"The 2007 International CES succeeded beyond our expectations," said Gary Shapiro, president and CEO of Consumer Electronics Association (CEA), the trade group behind the CES. "It had buzz and optimism and attracted the world leaders of the content, technology and services, communications and automobile industries," Shapiro continues.
The technology trade show showcased the convergence of broadband, content and consumer electronics. The trade show exhibitors took advantage of custom and custom modular tradeshow exhibits-- some using sophisticated rental trade show displays-- to springboard more than 20,000 dramatic product launches and major partnership announcements, spanning across industries and linking up consumers with more features, services and control of the content incorporated into electronic devices.
Crowds came to see the latest trends in hi tech gear. Gadgets ruled the day. It all comes down to this--what tech gadgets are hot and what do stores need to stock in order to catch the latest hi- tech wave. American businesses want to know how people will spend their time and money in the 21st century. The Consumer Electronics Association, offers the following facts:
The average U.S. household is projected to spend nearly $2,000 on consumer electronic devices in 2007. Compare this to $1,251 per household in 2005 vs. $84 per household in 1975. The industry is expected to ship a record $155 billion in products in 2007.
The average U.S. household has 26 consumer electronic products: TVs, video games, digital cameras, cell phones, iPods, etc. This compares to 17.4 such products per household in 2000. In 1975, the average was 1.3 products, most likely a TV and a radio.
Today every household has almost three TVs. Flat TV monitors and LCD TV sales are expected to reach $26 billion this year.
There is a shift away from radio and audio system sales due to spending on other gadgets such as TV displays and MP3 players.
At the CES trade show, the trade show exhibitors boasted tech gadgets that were fast, small, and mobile. The trade show exhibits on the show floor showcased the latest in gadgetry. Trade show visitors were mesmerized when they saw the latest widgets at the trade show booths.
A good rule of thumb is that a successful trade show is one that offers trade show booths that give visitors what they come for'no matter whether the trade show is at the Las Vegas Convention Center, the McCormick Convention Center in Chicago, the Kaiser Convention Center in Oakland, the Moscone Center in San Francisco, the Hannover Exhibition Center in Germany or the San Jose McEnery Convention Center.
So, remember, the next time you exhibit at a trade show?whether you are in the hi-tech industry or another field; if you are able to showcase new gadgets, products or services that answer the needs of your visitors, you will win the day.
Magic Fashion Trade Show
If you are getting ready to set up a trade show booth for a show, then you are already being business-savvy and doing the smart thing. Trade shows are one of the best ways to market your products or services and advertise your business to interested buyers. Even for successful companies, trade shows can increase sales and public exposure dramatically. Trade show booths allow businesses to directly connect with the people that purchase their products or services.
Though the reasons for exhibiting at a trade show are obvious, simply setting up a trade show booth is not enough if you really want to make the most of your expense and time. Generating leads and making sales are your priorities and your trade show booth – both the physical space and the display – can help you do this. When you are displaying a trade show booth, you want to project just the right image for your company; one that makes potential clients want to learn more after their first glance. Although people's eyes should be drawn to your trade show booth, it shouldn't be because it is simply flashier or louder than the others. Flashy or loud may be good for sales if your business is video games or music, but if your business is selling gourmet foods to restaurants you probably don't want to advertise your booth with a flashing neon light or loud ear-splitting rap music. Your trade show booth should reflect your company's brand and market, while still offering just that little extra effect that makes it stand out. This may sound difficult, but it really isn't. It just takes a little pre-trade show planning.
For the sake of keeping it simple, let's say that your business is selling candles wholesale to retail outlets. You want your trade show booth to let people know immediately what your business is all about and understand immediately why your business is unique and worth looking into. Remember, depending on the trade show there may be other businesses that sell the same thing you do, so just simply stating your business name and what you do will not be enough. You don't want to be obnoxious, though, so having a hundred lit candles placed all over your booth would be too much. Don't overwhelm potential clients – it will turn people away. A better idea would be to display your best candles around the booth, unlit, and then have professional brochures placed next to each type of candle that you are advertising. Offer coupons for large discounts or money-back guarantees on a first bulk-purchase – this shows that you have complete confidence in your product. And consider a giveaway like a tealight or other small candle so attendees can take your product with them. This encourages them to use your product and to contact you if they are interested.
Remember that it is your expertise and professional demeanor that people will remember the most, despite all of your display magic. Though the day may prove to be long, remember to sound fresh and excited when talking to each prospective client. Every interaction is a chance to make sales and generate leads. Practice your sales techniques in front of a mirror if you think that will help. Ask friends and colleagues what they think of your sales pitches, and be willing to accept constructive criticism. Most of all, with each potential client, project confidence. If you can show that you really believe and are excited about your product, your enthusiasm will be contagious.
A trade show is a good venue to generate sales leads and establish new business contacts. Making a sales presentation is easy - you know your product and can speak to its features and benefits. You likely have several different presentations depending on the audience, length of time you have to speak and the product you are showcasing. Use these presentations while you are meeting with prospective clients at your trade show booth and you will feel confident that you are providing them with the pertinent information they need about your company and products. Think of a trade show as a place where you can make many sales presentations all day long to a targeted audience of people attending the trade show. This is the best way to exude confidence and make sales.
Both Dick Wheeler & Matt Kelly are contributors for EditorialToday. The above articles have been edited for relevancy and timeliness. All write-ups, reviews, tips and guides published by EditorialToday.com and its partners or affiliates are for informational purposes only. They should not be used for any legal or any other type of advice. We do not endorse any author, contributor, writer or article posted by our team.
Dick Wheeler has sinced written about articles on various topics from Trade Show Exhibit, Trade Shows and Trade Show Exhibit. Dick Wheeler is President of Professional Exhibits & Graphics, headquartered in Sunnyvale, California with showroom in Sacramento. Firm is full-service premiere trade show exhibit, graphics and management services company.. Dick Wheeler's top article generates over 22200 views. to your Favourites.
Matt Kelly has sinced written about articles on various topics from Trade Shows, Trade Show Displays and Trade Shows. Mat Kelly is the president of ExhibitDEAL, the Original Exhibit Wholesaler specializing in . They provide 20, 10 and 8-foot pop-up displays as well as c. Matt Kelly's top article generates over 6600 views. to your Favourites.
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