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By Heather Kirkwood
In 2000, trade shows continued to attract decision-makers, and those decision-makers spent more hours on the show floor, according to a report by Red Bank, NJ-based Exhibit Surveys Inc. The percentage of attendees with the ability to make buying decisions (recommend, specify or purchase) still stood at 83 percent. But last year, attendees spent 9.6 hours at exhibits, compared with 9.2 in 1999.
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The bad news: Exhibit Surveys found that the ratio of attendees to exhibitors continued to fall, despite a 4.5 percent increase in trade show attendance industry-wide in 2000 reported in the Veronis Suhler & Associates Communications Industry Forecast, to be released mid-July. Last year, the average traffic density score* (which measures the number of attendees occupying every 100 square feet of exhibit space) on exhibition floors fell to 2.2 from 2.5 in 1999.
Methodology
This report is based on the results of attendee surveys conducted by Red Bank, NJ-based Exhibit Surveys Inc. for shows held in 2000. Each survey was administered by mail and e-mail shortly after each show. For each survey, a systematic probability sample of about 1,500 to 5,000 attendees was taken from the registration list at the close of the show. In most cases, exhibit personnel were excluded from the sample. The survey group was sent a detailed questionnaire, a personal cover letter and an incentive for completing the survey, ranging from a $1 bill to a chance to win a PalmPilot. A per-show response rate of 15 percent to 50 percent was typically obtained. |
The report – compiled using attendee surveys from 57 trade shows in such varied industries as medicine, communications and manufacturing – provides statistical data on the buying power of attendees at trade shows. It also tracks the quality of attendees, as well as their activity at shows. Show managers may use the data to benchmark their events and identify potential problem areas. Audience quality
While crowded aisles may make the show seem successful to exhibitors, they’re even more impressed when they can connect with a lead-rich audience. And that’s what exhibitors are still finding, according to the Exhibit Surveys report.
“Although averages may be up or down a percentage point or two, none of the changes are statistically significant enough to indicate a change in the trends,” says Ian Sequeira, Vice President of Exhibit Surveys, about the quality of audiences on show floors. In 2000, 56 percent of attendees reported plans to make purchases in the next year, continuing a slow fall from a high of 63 percent in 1996.
The sharpest fall in buying plans came from the computer industry, from 63 percent in 1999 to 56 percent in 2000, while the largest increase was in computers, which jumped to 51 percent from 44 percent in 1999. Sequeira says the 1999 numbers in the computer category were higher to reflect buying in preparation for the Y2K scare. While the percentage of attendees with the ability to make buying decisions didn’t change overall, computer shows saw the largest drop, from 88 percent in 1999 to 82 percent in 2000. Communications industry shows saw the largest gain, from 72 percent in 1999 to 78 percent in 2000. And the number of attendees with final say over purchases rose slightly overall, from 37 percent in 1999 to 38 percent in 2000.
Audience activity The number of new prospects for exhibitors (those who hadn’t been called on by a salesperson from an exhibiting company in the past 12 months) also remained the same from 1999 to 2000 — 88 percent. This factor has remained relatively stable over the past six years, reaching a high of 89 percent in 1996. The trend of people traveling greater distances to attend shows also continued in 2000. Last year, 52 percent of attendees traveled more than 400 miles to visit the shows surveyed, compared with 48 percent in 1999. In addition, attendees within a 200-mile radius of the show fell to 32 percent from 37 percent in 1999.
Because attendees are coming from greater distances, the hours spent at exhibits is up 4 percent. “If you’ve come from farther away, you’re more likely to stay longer and visit more exhibits,” Sequeira explains. However, this doesn’t mean attendees are spending more days at the show. Instead, attendees spent an average of 2.1 days at a show in 2000, the same as in 1999. Manufacturing shows, however, saw an increase in this number, from 1.8 in 1999 to 2.1 in 2000.
On average, the number of attendees who don’t attend any other show fell 3 percent, from 54 percent in 1999 to 51 percent in 2000. Medical and manufacturing shows have the highest number of attendees who don’t attend other shows at 55 percent, although for medical shows, the number is a drop from 63 percent in 1999.
Attendee loyalty and the ability to draw new attendees is holding steady. The number of repeat attendees fell only slightly, from 44 percent in 1999 to 43 percent in 2000. The average of first-time attendees remained the same from 1999 to 2000 at 35 percent.
Using the numbers Are your show’s numbers above or below these industry averages? Are there other factors that may affect your results? If your show doesn’t measure up, evaluate the fit between your attendees’ and exhibitors’ goals.
Falling traffic density is a common problem. Assess to what extent the trend affects your exhibitors. Sequeira says rising travel costs and reduced travel budgets may mean companies are sending fewer people to shows. That doesn’t mean, however, that exhibitors aren’t making sales. Instead, maybe they’re talking to one key person instead of three.
But don’t use the trend to escape being self-critical. Are your marketing efforts on target? Have the needs of your exhibitors or attendees shifted? Is the trend long-term or short-term? Comparing your show to the trends, and analyzing why your show is above or below the norms, will help make next year’s show better.
Heather Kirkwood is Senior Editor of EXPO magazine. You can reach her at hkirkwood@expoweb.com.
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2000’s top-ranking shows (among those surveyed)
Highest traffic density COMDEX Fall 5.9
Highest percentage of attendees with total buying plans NACS (National Association of Convenience Stores) 75 percent
Highest percentage of attendees with net buying influences JPMA (Juvenile Product Manufacturing Association) 94 percent
Highest percentage of first-time attendees Exhibitor Show 62 percent
Most hours spent viewing exhibits JPMA 17.6 | |