Wednesday, January 23, 2008
Happening Vegas Branding Campaign Has Staying Power Story For Meeting Planners
R&R Partners - The Work
I met Snow today after he spoke to the Cincinnati Advertising Club. He says about ten years ago R&R began offering business-to-business campaigns for meeting planners and C Suite executives, the audience corporate planners need to convince when making decisions on where such events are held. This was done under the financing and supervision of the Las Vegas Convention & Visitors Authority.
Quantitative (800-1,000 surveyed) and qualitative (three to four in a focus group) research is performed (Snow says the Authority spends $7 million annually in just research). They ask the same question every time to planners, he says: What Things Drive Planners? The top two answers never change: 1. How to make things go right; and 2. How do I get recognition when things don't go wrong.
Snow says the underlying truths in each of these statements is that you have to "ask the customers what matters to them and then deliver. There are emotional connections in every destination. It's devilishly simple. Give people what they want."
Saturday, January 12, 2008
Trade Shows Still Viable B2B Selling Tool
A professional colleague contacted me this week with a problem. She was attempting to convince her boss that exhibiting at trade shows is still an effective business development tool. I’m no expert on the subject but went to one to find out. I’m sharing the advice of Danica Tormohlen, Editor of Expo Magazine. Two points she stressed:
More than half of attendees will buy this year. The number of attendees planning to make a purchase in the next 12 months was comparable to last year. Forty-three percent of booth visitors plan to buy an exhibitor’s product or service within the 12 months following the show.
Shows, as well as individual exhibitors, continue to attract qualified attendees. In 2006, 79 percent of attendees who visited an exhibit had no contact with that company within the previous 12 months. Among visitors to individual booths, 82 percent are interested in the product or service displayed and 78 percent have buying influence for the exhibitor’s product or service.
Attribution and more details of the study can be found on the following link.
http://www.expoweb.com/Benchmarks_Research/2007MayMarketWatchTradeshowattendeebenchmark.htm
Danica also sited other resources:
1. The Center for Exhibition Industry Research (http://www.ceir.org/) compares sales costs for trade show exhibiting with other media;
2. American Business Media states cases for the most effective business-to-business marketing (http://www.americanbusinessmedia.com/abm/ABMIntellResearch2007.asp?SnID=1537975429)
3. B-to-B Magazine (http://www.btobonline.com/)
4. Exhibitor Magazine (http://www.exhibitoronline.com/)Trade Show Exhibitors Association (http://www.tsea.org/)