Technology Industry
Industry: Email Alert RSS FeedPlanning for trade shows in 2003 - Post Script
Post, Jan, 2003 by Marc Loftus
January is here, and it's time to start marking the calendar for the year ahead. Much of the news in the post industry centers around manufacturers' announcements at trade shows, with NAB, JBC, AES and SIGGRAPH representing the largest events in the industry. The importance of these shows is often reflected in the impressive booths and demonstrations presented to attendees, and it's not uncommon for manufacturers to spend a year making sure every detail is just right.
But booth space, shipping, hotels and airfare all add up, taking an enormous chunk out of a marketing budget. And with money so tight these days, and the unpredictable chance that ones marketing message might be missed, companies have to decide if shows give them the most bang for the buck.
Most RecentTechnology Articles
- The Google Manifesto: Dr. Open and Mr. Closed
- RIM Is Getting Too Successful for Its Customers' Good
- Tech Law: Google Loses in France, GPL Suits Target Many, IBM Sued, More
- Microsoft Moves Fast, Already Has Custom XML Patch for Word
- Microsoft Might Get Advantage or Pain from Order To Not Sell Word
- More »
Avid opted not to exhibit at last year's IBC show, instead focusing its efforts on regional events. Media 100 wanted to make sure its 844/X editor/compositor wasn't missed in the hype surrounding last NAB, so the company hosted a number of pre-NAB events that detailed the product. And Alias/Wavefront has been successful with its own 3 December event, getting its products in front of 8,000 animators this year, while at the same time providing a forum for users to learn and network.
Dave Walton, marcomm manager for JVC, is very aware of how trade show costs can snowball, noting a company could spend $75,000 just on the lighting for a booth at NAB.
So how does one decide where to spend its budget? "It's difficult in an economic climate [like today's], to determine which shows are worth going to," says Walton. "When the economy tightens up, you have to spend [your marketing money] judiciously. You can't be at every show."
Boxx Technologies' director of sales and marketing, Ed Caracappa, says his company committed to NAB and SIGGRAPH a year ago in order to get suitable exhibit space. The success Boxx had from last year's exposure has led to an increase in this year's marketing budget, and the company hopes to host its own regional events this year, as well as exhibit at shows, "We're up 50 percent in revenue;" says Caracappa, "And you can't do that without getting out there."
So are shows an expense or investment?
"If you look at it as an investment, you have to look at what you expect to get back," says Walton. "It should always be a positive, so you can say, 'This show doesn't cost me anything.'"
CXO UnpluggedSmart Business interviews on BNET
Brought to you by CBS MoneyWatch.com
- Best- and Worst-Paid College Degrees
- 6 Things You Should Never Do on Twitter or Facebook
- How Much Sleep Do You Really Need?
- 6 Big Myths about Gas Mileage
- 5 Rules for Immediate Annuities
- Death in the Family: 12 Things to Do Now
- Dumbest Things You Do With Your Money
- 6 Online Networking Mistakes to Avoid
- 401(k) Mistakes to Avoid
- 5 Economic Scenarios to Keep You Up at Night
- The Real ‘Best Places to Retire’
- Best Credit Cards for You
- 12 Tough Questions to Ask Your Parents
- The Real ‘Best Colleges’
- Home Buyer Tax Credit: How to Cash In
- Why You Shouldn't Bash Cash
- 8 Phony 'Bargains' and Better Alternatives
- Danger: 3 Debit Card Scams to Avoid
- 6 Myths About Gas Mileage
- 29 Fees We Hate Most
- Quick and Easy Ways to Boost Returns
- Best Stocks to Buy Now
- Lower Your Taxes: 10 Moves to Make Now
- New Jobs: 8 Lessons from Real-Life Career Switchers
- The New Job Market: Who Wins and Who Loses?
- Health Care Reform's Public Option: Everything You Need to Know
- Volunteer Work When Unemployed: Should You Work for Free?
- Whose Recovery Is This?
- Long-Term-Care Insurance: 4 Biggest Risks to Avoid
Content provided in partnership with
Most Recent Arts Articles
Most Recent Arts Publications
Most Popular Arts Articles
- What makes a successful business person? Business people who are tops in their field have a lot in common, and art professionals can learn a lot from their successes and strategies
- Emily Watson - IVTR
- Toni Cade Bambara's use of African American Vernacular English in "The Lesson"
- The Arnolfini double portrait: a simple solution
- The voucher - play - The Literature of Democratic Spain: 1975-1992




