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T H E H I N D U O P P O R T U N I T I E S A Guide to Better Positions and Better Performance Wednesday, July 23, 2003 |
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HRD COUNSELLING Fair-weather business!
ADVERTISING is an important function for most corporates, a
necessary medium to present their products to the world and
specifically target certain key customers. In fact, advertising
can play a major role in improving a company's fortunes. The
varied advertising media now available only make the process more
effective. Trade fairs, exhibitions, business conventions, are
one form of advertising that provide opportunities for business
houses and traders to showcase their products, build a network of
clientele, and even develop business contacts.
Trade fairs can be likened to a storehouse of resources that are
at the disposal of the user (the business person), to make the
best use of. These trade fairs are like providing visitors a
snapshot view of the organisation. A lot of effort is often
expended in making the most of these `experiences.' If you're
totally new to the whole experience and are planning to make a
foray into this form of publicity and business interests'
promotion, here are a whole lot of nitty-gritties that go into
transforming an ordinary trade fair experience into a winning
arrangement.
Research
Explore your options before you actually choose to exhibit at a
trade fair. Check out trade magazines and business journals, and
contact trade associations to find out venues and trade fairs
that are in the offing. Contact the state industry departments to
find more about other similar conventions. Tap industry
resources, business acquaintances, websites, newspapers etc to
gather more information.
Ditch the popular vote
Don't go looking for the most popular place in haste. Pick,
sieve, and choose well. Spend time to pick a place that is
convenient and suits your needs rather than just going by popular
vote. Personally visit the place, find out what kind of business
houses and traders are going to participate, and what kind of
turnout is expected.
Look around, network with clients and customers. Find out where
they are most likely to visit or shop around for products such as
yours. Conduct an informal survey about exhibit preferences. Find
out the popular, probable, least likely, unusual and exciting
places.
Info-quest
Gather as much information as possible - about the venue, the
arrangements, the stall placements, the duration, the number of
sales people allowed per stall, etc. Pay a preliminary visit to
the chosen venue and get a `feel' of the place, compare the
prices with market rates and find out how the booths will be
placed.
Picking the right stall
The placement of the booth or the stall is very important.
Leverage the first mover advantage and hire the best stall.
Ensure that your booth fulfils two important criteria -
visibility and accessibility. It's always best not to skimp on
these aspects.
Staffing
An attractive stall teamed with suitably qualified volunteers is
a must. People your booth with staff who are knowledgeable about
the product, are smart and can articulate, interact and network
well with the visitors. Ensure that the booths are never left
unattended. Make a note of peak visitor traffic hours and have
more staff present at that time.
Display
Product display is the next important thing that draws people to
the stalls. Ensure that all the products are well presented. Seek
the help of a professional if necessary, e.g., a professional
window dresser, to give your booth an attractive look and feel.
This is bound to at least register a few `eye ball' hits. Include
a few attractive offers, gifts and deals with the products; have
attractively designed brochures, and handouts about the company
and its products.
Post convention
Post-convention follow-ups are important to transform potential
sales leads into loyal customers and clientele. To ensure a good
follow-up, every visitor to the booth at the convention must be
treated as a potential customer.
First impressions last long, so make the best attempt you can
every chance you get. Business conventions and trade fairs are
opportunities to make an elusive real-time contact with your
customer.
SAMYUKTA KODA
samyukta.hyd@cnkonline.com
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