How Trade Show Organizers Are Winning Over Exhibitors

This blog was originally published on November 7, 2023 and last updated on July 2, 2024.  

There is good news on the horizon for convention centers and trade show exhibition organizers. According to the latest projections from Globex 2023, the exhibition industry’s annual report published by Stax, world’s largest exhibitions markets are experiencing a robust recovery from the COVID-19 pandemic and are poised to surpass their 2019 size to $32.5 billion valuation by 2025.

Trade shows and conventions are pop-up marketplaces where businesses aim to present their products and services to relevant, qualified buyers. So, when it comes to attracting and retaining exhibitors for trade shows and conventions, there are two main things that trade show organizers need to demonstrate to prospective exhibitors. 

First, exhibition show organizers must show prospective exhibitors that they understand their business objectives and provide a highly sophisticated trade show platform that becomes a benchmark and innovation hub for their industry. To do so, trade show organizers must be able to communicate the event's goals – in short, what type of visitors they are hoping to attract to the event, how many will attend and how they will attract them to register. 

Secondly, they need to prove how their involvement in the event can help them achieve said business objectives and exposure. They need to market the exhibitors’ brands and products to help open new markets and distribution channels. In this respect, exhibition organizers and event planners must provide relevant data, such as past attendance statistics, customer feedback and other relevant information to support their event objectives. 

In this post, we explore the top challenges exhibition organizers face when attracting and retaining exhibitor bookings and how to overcome these challenges. 

5 Reasons Show Organizers Lose Exhibitors 

With so many trade shows, conventions, exhibitions and other events happening worldwide, selling space and stand bookings for upcoming events is highly competitive. Here are the top challenges exhibition organizers face when attempting to attract and retain exhibitors for events:

1. Budget Restrictions

The cost of travel has increased significantly, making budgets tight when it comes to exhibiting and sending staff to events. If a potential event organizer doesn’t have the budget, they will not book a stand or space. In this instance, event organizers should encourage them to register as a visitor so that they can experience the show and consider allocating funds to exhibiting in the future.

2. Expected Return on Investment

Participating in conventions and tradeshows can be costly for prospective exhibitors. Therefore, potential exhibitors must be confident in the possible return on investment (ROI) – including leads generated, the deal size of the leads, converted sales and new distribution channels or partnerships – if they decide to book a stand.

3.Competition From Other Events

New and existing trade shows and other events make it challenging to attract new exhibitors and encourage return stand and space bookings each year. An event organizer must strive to make their events relevant for their audience. Trade show organizers must continuously review and improve their events to ensure they remain desirable for prospective exhibitors year after year. Provide networking on and off the show grounds to increase the value of the event.

4. Poor Attendance Rates and Visitor Quality

If an event fails to attract enough of the right visitors and event attendees, prospective exhibitors will not be encouraged to book or rebook. This is why exhibition organizers must track attendance, including detailed demographic data, to demonstrate the event's success and confirm the attendance of decision-makers. 

5. Past Event Experience

Both exhibitors and visitors must trust that the venue and relevant suppliers contributing to the event can deliver an enjoyable experience. A poor event experience at a past event can discourage participation in future events. Exhibitions, trade shows and related events are an expensive pillar of a company’s marketing strategy. Therefore, efficient and high-quality deliverables from the event are key.

Key Tactics To Attract Exhibitors 

To attract and retain exhibitors, exhibition organizers must engage exhibitors to understand their needs and continue to find ways to improve their event experience. Here are the top strategies exhibition organizers can implement to attract new and retain exhibitor bookings:

1. Understand Prospective Exhibitors

If you want to attract and retain exhibitor bookings for stands and spaces at your events, your exhibitors must believe you understand their needs and you must demonstrate how your event aligns with their goals. Here are some steps you can take to better understand your prospective exhibitors: 

• Buyer personas: Create detailed buyer personas/profiles so you understand who your potential buyers are. 

• Survey exhibitors: Survey past and potential exhibitors to understand their current challenges and goals. 

• Market research: Research the industry your potential exhibitors are part of to understand the opportunities and threats impacting the market they are playing in.
• Other external factors: Consider how other factors outside their industry also impact their businesses like economic conditions, trends, consumer expectations, political landscape, etc.

2. Capturing and Presenting Key Metrics

Every exhibition organizer will prepare sales tools such as an event prospectus to show potential exhibitors what they can expect at the event. It is essential to include the following key metrics in your overview to demonstrate the potential value of the exhibition and encourage exhibitors to book: 

• Past exhibitor feedback: Provide prospective exhibitors with feedback from past events so they can read what past attendees and exhibitors had to say about the event. 

• Attendance data: Provide a summary of how many visitors there were at past events and the types of visitors that attended, including key demographic details like where they came from, job titles, etc. The more global the footprint and decision-making power, the better.
• Exhibitor data: Provide a summary of past exhibitors and key businesses already booked for the upcoming event. If prospective buyers see their competitors will be in attendance, it can encourage them to secure a booking. Make sure to also share success stories from past exhibitors who have successfully used the event as a growth accelerator.

3. How to Create Innovative Event Experiences

Above and beyond all, the goal of any exhibition organizer planning an upcoming trade show or convention should be to deliver a memorable event experience that facilitates healthy business connections between visitors and exhibitors and generates potential leads and sales. To do this, exhibition organizers need to continuously push themselves to create modern and innovative event experiences that meet and exceed the expectations of all stakeholders. Here are some examples of ways that trade show organizers can ensure successful event delivery: 

Incorporate Contemporary Floor Plans 

The layout and design of event floor plans are pivotal in directing passing foot traffic and fostering meaningful business connections. A well-structured floor plan can enhance engagement and interaction among attendees, ultimately elevating the overall event experience and maximizing business opportunities. 

Experiment with Innovative Networking Opportunities 

From welcome cocktail parties to hosted buyer programs, there are many ways to encourage networking above and beyond visitors stopping at stands and booths at tradeshows and events. Trade show organizers must consider new and different ways to connect with exhibitors and visitors, including: 

• Interactive workshops and masterclasses: Spice up educational sessions with collaborative elements that encourage trade show attendees to get involved. 

• Industry-specific zones: Organize the trade show layout to have special areas for similar industries to create a collaborative hub of like-minded professionals. 

• Artificial intelligence (AI) powered matchmaking and networking: Use machine learning to match attendees with peers they might like to connect with.  

• Wellness and mindfulness zones: Create quiet spaces for trade show attendees to unplug and unwind.  

Utilize Modern Technologies 

Technology plays a vital role in enhancing trade show experiences. Here are some key examples of modern technologies used by forward-thinking event organizers: 

• Chatbots for event assistance: Provide assistance to trade show attendees with a helpful, noninvasive chat element.  

• Beacon technology for location-based offers: Help attendees find event activities that they're close to.   

• Virtual reality (VR) and augmented reality (AR) for product demonstrations: Integrate technology to show products work.   

• Event mobile apps vs. contemporary attendee tracking tools like RFID, facial recognition, etc.: Streamline check-in and registration with technology that knows who is coming through the doors.  

• Gamification as an immersive experience: Challenge expectations and add a fun, interactive element that transports trade show attendees to another world. 

Secure Attractive Host Venues 

The host venue is a key factor in an exhibitor's decision-making process. The venue sets the tone for the event and the accessibility, location and proximity to key stakeholders in the industry play a crucial role in determining whether a potential exhibitor will consider booking a space.  

Event organizers should choose a centrally located venue that is easily accessible to attract exhibitors and visitors. Sustainability is also an increasing topic. Convention centers and venues can lead the way in supporting exhibition organizers who want to create sustainable events. 

Boost Bookings With an Event Management Platform 

Trade shows and conventions are vital events that help businesses showcase their offerings to potential buyers. However, exhibition organizers must continue to review and improve their strategies for attracting and retaining exhibitors to ensure the ongoing success of their events by investing their time in understanding the needs of prospective exhibitors, showcasing how their event can help them achieve their business goals and creating innovative event experiences to encourage them to book and rebook for future events. 

Momentus Technologies empowers trade show organizers to execute show-stopping exhibitions and conventions with a purpose-built software solution. With CRM, sales, booking, event management accounting and reporting suites all in one place, trade show organizers are running bigger, better events with Momentus and its integrated suite of solutions.  

Ready to accelerate your exhibitor bookings and improve venue and event management processes? Schedule a demo to learn about how Momentus can help you transform the event planning process for your trade show, convention center or exhibition center.