Research
Center >> Conference Sponsorship
Virtual
Brand Recognition
Advantages (and caveats) of the virtual trade show.
from AICPA Custom Media Solutions
As a traditional trade show participant, you’re
probably skeptical when you think of virtual trade shows. You’re
probably wondering how the heck you’re supposed to “meet”
your prospects at these shows and how do you go
about setting up a booth. What’s the catch? And really, do
these events work?
Well, they do and they don’t. It depends on
which industry you’re in, what you’re selling and how
long your sales cycle is. So far, the trend has been catching on
with “professional associations, such as law, accounting,
hi-tech, recruiters, manufacturing and healthcare,” said David
Lerner, Director of Business Development, Unisfair, at the recent
Folio show in New York City where he was demonstrating how Unisfair
helps firms create their own online shows.
The Good
With online trade shows, you can reach anyone, anywhere.
You don’t have to worry about flying people in from various
destinations to the conference locale because they can literally
be engaged with the touch of a mouse button. “We believe an
online job fair is better than physical because you reach people
at their desktops where they’re happily working,” touted
Lerner as opposed to your employees wasting time flying around from
one location to another and calling in sick. Here they don’t
take away from work and can logon at any time, even during their
lunch break.
With virtual
expos, you don’t have to wait for a specific trade show at
a specific time of the year. Companies have used broad-themed trade
shows throughout the year, and have created specific niche shows
at certain times of the year using the 365-day year around environment.
Events can last from a few hours to days and months up to a full
year. Virtual expos navigate people in various ways. They allow
the participants to “request an appointment, send IMs and
chat with a booth representative, visit one or multiple booths in
one sitting and cut travel costs,” said Lerner.
For many trade show exhibitors, it’s a no-brainer.
Participants come to your booth voluntarily and so you get really
good traffic. Registered participants can network with like-minded
individuals as well as vendors and sponsors through IMs. Firms that
already conduct virtual trade shows say that they have the same
look and feel as traditional trade shows and virtual exhibit halls
and session rooms closely mirror them as well. “Vendors and
sponsors may also distribute marketing information and white papers
to participants,” reports Folio magazine. “And, in return
for their financial support, vendors and sponsors are given the
names of attendants to use as a source of lead generation,”
the magazine adds. Booth operators can simultaneously have multiple
on-going chat sessions. Coming back to how about lead gen? You will
get “at least 20 leads per booth,” said Lerner, “typically
there are 1,000 attendees.”
Exhibit costs at virtual trade shows are comparable
to live-event costs, but you don’t have the larger expense
of shipping your exhibit (and several staffers) to the venue.
Baby Steps
As you waddle your way into the baby pool or snowplow
down the bunny slope, you should know that there are many firms
that will help you along the way. You don’t need to go out
and spend tons of money on IT technology or IT staff.
Depending on the company you choose, all the technological
aspects of the show, from sending out e-mail alerts to enticing
prospective registrants/participants and sending follow-up questionnaires
at the end of the show will be provided to you. However, it will
be up to you as the show’s host to provide the speakers, the
content and secure the sponsors and vendors.
Who Can You Call?
Ghostbusters? Not quite. There are several companies
that can help you set up your booths or host your show. These include:
As with traditional trade shows, research, research,
research. Keep your ears and eyes open before starting any new venture
or signing on the dotted line. Welcome to cyberspace!
|