Stand or no stand? How to decide if exhibiting at a trade show is worth it
A stand is the most visible way to attend an event, and often the most expensive way to get a handful of meetings. Here is how to decide.
Every year the same question lands on someone's desk a few months before a big event: do we get a stand? The sales team wants presence, finance wants numbers, and nobody is quite sure what success looks like.
After many years on conference floors, from Rome to Barcelona to Amsterdam, here is how I would decide.
Start with the goal, not the booth
Write down what a successful event looks like in one sentence. "Twelve real conversations with heads of payments at operators" is a goal. "Brand awareness" is not, at least not one you can measure.
Once the goal is clear, the format often decides itself.
When a stand makes sense
- You are launching something and need a place for demos and press.
- Your buyers come to you. Some products attract walk-up interest because visitors are actively shopping for them.
- You need to be seen as a serious player in a market where your absence would be noticed.
- You have the people to staff it all day and still go out to meetings.
When a stand is the expensive way to do it
- You already know exactly who you want to meet. Those people are busy at their own stands and in meeting rooms. They will not walk past yours by chance.
- Your team is small. Two people can staff a stand or go to meetings, but not both.
- You are testing a new market and do not yet know if it is worth a bigger investment.
Count the full cost
The stand price is only the start. A realistic budget includes:
- Space, build, graphics, furniture, screens and shipping.
- Tickets, flights and hotels for everyone on the team, often at peak event prices.
- The days your people are away from their normal work, before, during and after the event.
- Follow-up time afterwards, which is where the value is actually captured.
Our cost calculator lets you put in your own numbers for the travel and time part.
The option most teams forget
There is a middle path: attend without a stand, with a clear target list and meetings booked before the doors open. Use the meeting areas, side events and the targets' own stands. Many of the best conversations at any event happen away from the booths.
If your team cannot go at all, a representative can do this for you, as long as they are briefed properly, know how to start a conversation, and report back on every contact.
Five questions to ask before you sign
- Who exactly do we want to meet, and will they be there?
- Can we book meetings with them before the event?
- Do we have enough people to staff a stand and still go to meetings?
- What is the total cost per real conversation we expect?
- Who owns the follow-up in the week after the event?
If you cannot answer the first two, a stand will not fix that. If you can, you may not need one.