Trade Show Feed

Eric Allen of the Healthcare Convention & Exhibitors Association writes about a survey of HCEA members regarding their trade show marketing spends for 2011.

Allen writes that:

While the healthcare convention marketing industry is still fundamentally sound, it appears that budgetary pressures are the “new normal,” and results measurement will become increasingly important to help exhibitors make better investment decisions and justify their convention marketing programs.

The survey was taken in December 2010 so it’s fresh data.  According to the survey:

37% of HCEA’s healthcare exhibitor members expect decreases in their convention marketing budgets in 2011, while 18% expect increases.

Other key results of the survey include:

• Roughly two-fifths (40%) of members plans to decrease the size of their exhibits by an average of 17%.

• Almost a third of members (33%) plan to decrease the total number of conventions they participate in for 2011, while 29% plan an increase.

• Two-fifths (40%) of members plan to increase their participation in regional and local events.

• About a third of convention marketing members plan to decrease certain sponsorships and promotions.

The survey also assessed the perceived importance of critical issues faced by healthcare exhibit marketers including:

• legal and regulatory compliance – 97% ranked this with high importance (as compared to 82% in 2010)

• cost containment – 82% ranked this high importance (as compared to 94% in 2010)

• booth traffic generation – 79% ranked this as highly important (as compared to 94% in 2010)

• ROI/ROO – 72% rated this as being highly important (as compared to 78% in 2010)

You can read Allen’s full article at the EIC blog here.

No wonder exhibitors are upset.

Jay Levine did a segment on (Chicago’s) McCormick Place losing tradeshow business.

Labor is shooting back at the idea that it’s them that’s making all the dough. Their evidence? Drayage bills.

They showed that an exhibitor can send a piece of equipment from China to LA for $4,000. Another $1,800 for truck to McCormick Place from LA. Cost to get it from the dock at McCormick Place to the exhibitor’s booth space? Just $17,000!!!

Then they interviewed the Gen.Mgr at McCormick Place and he said, “No question about it, the contractor for the show is making very big profits.”

Looks like labor and McCormick Place management is so tired of being made the scape goat that they’re both willing to point the finger at the show organizers.

The world seems scratching its head about the iPad.  Is it a giant iPhone with no real application, or is it so incredibly ahead of its time that we just haven’t figured out where it fits into our lives?  We’ve talked quite a bit about touch screen applications at trade shows here on TSF, but they’re very expensive applications.  While the iPad isn’t cheap for consumers, they are relatively cheap for most trade show budgets.  The large screen and intuitive input (you touch stuff) seem natural for  demonstrations, events, meeting, etc.

Interactive Meeting Technology has a terrific post outlining what some of those possibilities are: Read the full story

As we all know, ups and downs in the economy are inevitable. But different companies and industries react differently in a slowing economy. We would like to hear from you as to how your tradeshow, event and overall marketing plans have been impacted by today’s economy. Read the full story