Launching a new product or product line is one of the best reasons to exhibit at a trade show. Live events give you the opportunity for a live, captive audience, and proves an ideal way to get your product in the hands of your targeted consumer demographic. Additionally, you can gain invaluable insight directly from the crowd about what they think of your product offering.
While a product launch at your trade show booth offers an impressive opportunity for yielded results, the process still requires careful strategy and execution to ensure you don’t leave business on the showroom floor for your competitors to steal. When creating your product launch strategy, follow these simple tips for maximum return on investment.
Finalizing relevant marketing materials
1. Create a launch outline: Work with your team to design a calendar of tasks and assign employees at least a month in advance. Your to-do list should include items such as:
- Updating graphics of the new merchandise line for display within your trade show booth
- Gathering consumer testimonials and case studies based on trials
2. Design a standalone webpage: Throughout the live expo, you and your team will be heavily promoting your new product or product line to the masses; make finding online information about these new items as easy as possible by creating a standalone webpage on your existing website. Your prospective clients will not only learn more about new product, they’ll also feel encouraged to click throughout your site to learn more about your company and services as well.
3. Promote: Promoting your new product is essential to start getting the word about your new offerings. Use your social media networks like LinkedIn, Facebook, and Twitter to share your booth number and what kind incentives you’ll be offering. Pre and at-show promotions are essential, but don’t forget to follow up after too. Also, most professional expos offer various media coverage resources to exhibitors. Contact the attending media participants well in advance to allow them to preview your products so they can support your launch with a feature piece of their own.
4. Choose the right booth staffers: This doesn’t mean filling your trade show booth with all your best sales people. Yes, your sales team plays a key role at any live event, but incorporating other employees such as your product manager and marketing team members can help deliver a comprehensive and informative overall presentation to your audience. Try using engineers or designers from who worked on the product as well, as they are great resources for the background and logistical questions.
5. Host a live demonstration: Use your event to host live demonstrations throughout the show. Set a demo schedule and use it as a promotional item to get attendees to stop at your both. Post this schedule to your social media pages prior to the show and have it posted on your booth. If your product makes noise or attracts attention on its own, direct the crowd to come take a closer look. Another way to grab attention is to use crowd gatherers rope people in for you, so that you can focus on conversation and the customer in your space. After all, nothing gathers a crowd like a crowd! Not only will the crowd gather to see exactly what your new items offer, you will also gain invaluable insight on their reaction to your wares as well as how well they believe your merchandise performs. Word of mouth can be your best friend or enemy here, so make sure you have all the logistics worked out beforehand.
6. Offer discounts/free samples: Finally, what’s the best way to get your new corporate items into the hands of your targeted consumer market? Offer promotional discounts and/or free samples at the event. Giving the expo audience special consumer perks will boost their brand loyalty to your business and enhance the chance that they’ll seek out your merchandise long after the convention has ended.
Launching a product at a live event is a major marketing feat, so make sure you’ve planned accordingly and promoted yourself accordingly. When launching a new product, don’t underestimate the power of promoting. Don’t be afraid to post pictures to social media sites during the show to give you an extra boost and draw more people while you’re already there. Attendees talk, so give them something to talk about.
About the Author: As President of Skyline Exhibitor Source, John focuses on the overall vision and direction of the company's large exhibit projects and provides guidance in education, implementation and creative ideation. John has been directly involved in the trade show industry for the past 16 years, and the past 11 years as President of his company that helps clients get the most from their Nashville trade show booths.