I was just reading through Trade Show Week about the difficulty had by a trade show in Alberta, Canada called Rig Expo 2008. Apparently this show did not adhere to the build it and they will come idea. Approximately 60 exhibitors signed up to be a part of the expo that concentrates on the oil field industry. There were plenty of exhibitors but someone forgot to tell the attendees to show up. There were a number of reasons given for the lack of attendance at the show, but that does not take the sting out of the lost investment. The head of the show had anticipated 3,000 to 4,000 attendees and apparently that number shrunk to about 22 attendees in a four hour period. Ouch.
Unfortunately not a lot can be done for the people that paid that $2,500 price tag for a 10′ x 10′ booth. There really are no guarantees. Show organizer Paul Pearson said just this as his answer to the issue of paying back exhibitors:
“We rented the building, we advertised the show, we did everything we could,” he added. “You pay your money and take your chances.”
I’m trying to wrap my mind around the idea that the show organizers did not have a better idea of attendance. They apparently had no pre-sold tickets and had no idea if anyone would show up for the event. Something tells me that many exhibitors won’t be taking chances on this show in the future. I’m sure many of the exhibitors are now calling this the Rigged Expo.
How do you protect your investment? Go with an established show and if the show is not an established trade show, make sure that the people behind it have some good credentials. In this instance it looks as though many of the exhibitors believed the show to be a good one for them invest in and attend.
Michael Hart, Editor-in-Chief at Trade Show Week also touched upon this same problem in his blog post titled “Living With Green Fatigue” as he describes:
The show manager of this launch, designed to market – and stop me if you’ve heard this one before – eco-friendly products and services, had optimistically projected 250 exhibitors and 2,000 attendees.
Our contributing editor Lisa Plummer counted 40 booths and, while the show’s manager claimed he had 350 pre-registered attendees, Lisa said there may have been 15 at the most on the showfloor during the time she was there.
Another example of a show that had some lofty numbers projected and came nowhere near those projections. Those exhibitors also must have felt the sting of not having attendees to show their wares. Hart seems to imply that the reason for the poor attendance is the fact that there are far too many “green” type trade shows on the market. If that is the case, then I suppose it is the fault of the exhibitor for making a bad choice of shows. That can be a hard pill to swallow, and makes it tough for new trade shows to get the establishment they need to get sponsors and exhibitors.
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