Direct Marketing in Time of a Recession - 5 Benefits of Marketing Though Exhibitions
Direct Marketing in Time of a Recession - 5 Benefits of Marketing Though Exhibitions
by Catherine Gliddon
In times of a worldwide recession, many companies are looking at their budgets and marketing is one of those areas that can sometimes be affected. So how can you still ensure you market your company to make contact with consumers and to build leads, whilst still reducing costs?
1. Marketing directly through public and trade exhibitions can be a way to ensure you market straight to the consumer and to trade partners and ensure face-to-face contact. Meeting people in person at an exhibition means that you have the chance to interact with people and get direct feedback. Marketing through print media such as magazines or marketing through TV makes it very difficult for you to evaluate why costs have not resulted in sales or leads.
2. When marketing directly and face to face, you also have the opportunity not only to evaluate progress on the spot, but you also have the chance to change your strategy, sales patter and approach during the exhibition. This is not possible with Television advertising or print advertising, with less flexibility available to you in comparison to the opportunities at exhibitions.
3. Direct exhibition marketing also gives you a chance to gain a clear understanding of what your competitors and suppliers are up to. By exhibiting at a trade of public show, opportunities can also often occur with ancillary services and other providers seeing your product or service. The fact that you are there in person to talk with makes networking opportunities far greater compared to some other marketing techniques.
4. One of the beauties of Exhibition Marketing in times of recession comes in the fact that in hard times there is even more of a need to market in specialised and defined markets. Marketing your luxury travel business in an environment which is specifically aimed for example, at Luxury Travel makes sense.
5. There are sometimes cheaper ways to market ones business than at a trade or public exhibition but there are also many ways which are significantly more expensive. With proper planning, well trained sales staff, a well designed and attractive exhibition stand or display, exhibition marketing can be a very effective way to keep your business and brand strong. Maintaining visibility during times of recession can sometimes become even more important and there are some excellent exhibitions across the