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Wednesday, June 28, 2006

The Monster That Ate the Trade Show

Recently I attended the national conference for SHRM, the Society of Human Resource Managers. A big player at this large conference was Monster.com. Given this audience's relevance to them, it was no surprise that they decided to own the show.

I had planned to summarize their strategy for you here but I found an article from Exhibitor Online that explains in great detail their Monster trade show strategy first established at SHRM a couple years ago. (Just change New Orleans to DC and you'd basically have this year's show.)

A top notch strategy by a top notch (and innovative) outfit.


I love trade shows for a couple of different reasons ...
  1. They're like marketing amusement parks
  2. They generate new leads and business but they also ...
  3. Provide important opportunities for brand interaction
It's this last point that gets to be sticky for Ricky ROI. You know the guy I'm talking about. The one at the end of the conference room table that questions trade shows all the time because of the sticker shock. Then you have to get into metrics that sell him on lead acquisition cost, etc.

Really, I think that lead acquisition can only be part of your objective at a trade show. There's something else at play on the trade show floor. It's several brands fighting for position in the already crowded real-estate of a consumer's mind. But at the end of the day, I think you've got to be there. (The caveat of course is that this is a relevant show to your audience, etc. A relationship that Monster has found with SHRM -- it just fits.) At some big industry shows you have to attend simply for perception. It tells your customer that you're a player in this market too.

After you make your case to Ricky ROI and you are resolved to attend, he will next try to flank you at the size and scope of your booth. "Just do a 10' x 10,'" he says, waxing budget management. I have a different axiom at this point: If you are going to go -- then GO! Once you've made the investment in a trade show, upping your real-estate is really a nominal expense and can beef up the perception of your company.

Finally, be like Monster. By that I mean, don't treat a trade show on your calendar like a meeting that you'll be attending. Treat it like an event or complex marketing campaign that you need to plan every detail of. Pre-show, on-site, off-site, post-show -- everything. Their simple act of sending limos to the airport to take arriving attendees to the conference hotels was a stroke of genius. With that they became my personal concierge for this show and were quickly on their way to owning the hearts and minds of many attendees.

After the personal experience one has interacting with a brand at a trade show (fun at the booth with giveaways and product demos, at off-site parties and functions, or even riding in their limos), I have all sorts of positive associations with Monster that Yahoo HotJobs and Career Builder will have a tough time un-doing.

The Point? Trade shows rock. Are they expensive: Hell yes. You can bleed money at these things. But if carefully strategized, you can knock the ball out of the park and get real results (for Ricky ROI) and brand equity (immeasurable -- sorry Ricky) that aren't possible with any other media.

P.S. I'm on a trade show bent. Please email me any great books about trade show marketing. They have to exist but none come to mind. It seems like a sort of bastard channel. I know there are mags like Exhibitor but I'm wondering if there is some book that is the cornerstone of this complex media.

Wednesday, June 21, 2006

The Internet Can Do Anything!! (Even Save Screech's House)

By even pointing this out, I realize that I'm being part of the problem but I like this story in a guilty pleasure kind of way.

You see the bank is foreclosing on Screech from "Saved by the Bell"'s house. What's Screech doing about it? Selling t-shirts on a website at $15 a pop to save his digs ($20 gets you one autographed by Screech himself). He is gonna have to move a lot of shirts to hit the $250,000 he needs but I don't want to underestimate the power of Screech's fame. Plus all of the recent press can't be hurting his cause. Actually that's what rockets this little fundraiser from gimmick to remarkable.


The Point?
This little parable illustrates a simple point: If Screech can use the internet to move the needle for his cause, you can too. I feel dirty for even saying it but
'Think like Screech.' (By the way that little axiom doesn't apply to anything else in life!)

Friday, June 02, 2006

Words on Work

Recently I got an info kit from the ad agency Energy BBDO. In the prospectus it contained a remarkable bit of copy that sums up the value of creating advertising for a client and I can't get it out of my head:
The Work. The Work. The Work. - In the tradition of all BBDO offices, we are dedicated to producing work that meets a high standard of creative excellence. After all, the work is where the brand meets the consumer. It touches their hearts and minds. And it is what leads to the sale.
Remarkable. I've been doing this for several years and I've never heard the urgency and importance of advertising summed up quite so eloquently as that second sentence. It's "where the brand meets the consumer."

The Point? Remember that your advertising campaigns are on the front lines with your customer. Pretty simple when you think about it.