Simply put, a tradeshow is an event which brings 2 primary groups of business executives (or companies) together at a specific place and within a limited timeframe: those who have a product or service to offer; and those who are looking to utilise of buy the product/service. It is a very effective tool that ensures commerce takes places and develops. I guess the best way to prove a point is to look at results of surveys or companies that have participated in tradeshows. This one is a quick summary of one of the Oxford Economics Survey (http://www.oef.com/):
- Tradeshows generate an average of 15% of a company's annual turnover.
- Tradeshows have a "significant" impact on building partnerships, encouraging professional development and generating new insights.
The tradeshow floor starts to fill up with business executives looking for products or services on behalf of the companies they represent. |