The AIA Show website shows that there are still many unsold booths for their May 2011 gathering in New Orleans. This means you can still get good booth locations if you decide to exhibit there. But by most accounts, the AIA's show in Miami earlier this year was sparsely attended by architects.
What are the prospects for the upcoming event?
Attendance may be a bit better this year:
Unfortunately, I don't see that yet. Their website, just six months before the event, is still little more than a place holder saying, "Continue to check back for more details."
Where to spend your marketing budget?
HW has other challenges. When AIA produce the event, it could tap into its members' sense of community. Now, the AIA Convention is at risk of being seen as just another of HW's events for architects. This is a weak position. For example, I don't go to HW's CONSTRUCT trade show because it is a major trade show (it isn't), but because I identify with the Construction Specifications Institute (CSI) community that holds its annual meeting at CONSTRUCT. If CSI relocated its annual meeting to another event, I would follow my tribe.*
HW's architectural show will now have to compete against its other events for architects -- CONSTRUCT and their new virtual trade show, GreenExpo365.com. And will architects still traipse half-way across the continent if they can get all their continuing education credits from Hanley Wood University?
Booth prices begin at $4200 for a 10 x 10 ft booth. (Of course, renting space is less than half the cost of exhibiting.) It is unlikely HW will discount prices. Perhaps you will be able to negotiate a frequency discount if you exhibit and advertise in their magazines?
Should you exhibit at AIA or any tradeshow this year?
The answer is no longer an automatic "yes". You have to look closely at the fundamentals: What do you want to accomplish? Does the show provide the right audience? How can the show leverage the rest of your marketing budget?
Many of my clients have done the math and have budgetted for trade shows in the coming year. For some, it may mean a smaller booth. One the other hand, one of my my clients has a new product launch that will benefit from a live demonstration. They are increasing their trade show participation because it is more economical than sending crews across the country for demos.
Reduced attendance at a show does necessarily mean reduce effectiveness. The World of Concrete (also a HW event) had significantly lower attendance in 2010; but those who came were there to buy and not just for a junket in Vegas.
I still believe trade shows have an important function, even in the digital age. It will be interesting to see what the next few years bring.
* Prediction: HW will merge the AIA and CONSTRUCT shows into one super-sized event. Let's hope so, it would make for a more rational industry.
What are the prospects for the upcoming event?
Attendance may be a bit better this year:
- The economy has begun to turn around a bit, (I hope.)
- New Orleans is more centrally situated for most of the country.
- Who wanted to go to Miami in the summer, anyways?
- I think many architects are curious to see how New Orleans is being rebuilt (at least I am).
Unfortunately, I don't see that yet. Their website, just six months before the event, is still little more than a place holder saying, "Continue to check back for more details."
Where to spend your marketing budget?
HW has other challenges. When AIA produce the event, it could tap into its members' sense of community. Now, the AIA Convention is at risk of being seen as just another of HW's events for architects. This is a weak position. For example, I don't go to HW's CONSTRUCT trade show because it is a major trade show (it isn't), but because I identify with the Construction Specifications Institute (CSI) community that holds its annual meeting at CONSTRUCT. If CSI relocated its annual meeting to another event, I would follow my tribe.*
HW's architectural show will now have to compete against its other events for architects -- CONSTRUCT and their new virtual trade show, GreenExpo365.com. And will architects still traipse half-way across the continent if they can get all their continuing education credits from Hanley Wood University?
Booth prices begin at $4200 for a 10 x 10 ft booth. (Of course, renting space is less than half the cost of exhibiting.) It is unlikely HW will discount prices. Perhaps you will be able to negotiate a frequency discount if you exhibit and advertise in their magazines?
Should you exhibit at AIA or any tradeshow this year?
The answer is no longer an automatic "yes". You have to look closely at the fundamentals: What do you want to accomplish? Does the show provide the right audience? How can the show leverage the rest of your marketing budget?
Many of my clients have done the math and have budgetted for trade shows in the coming year. For some, it may mean a smaller booth. One the other hand, one of my my clients has a new product launch that will benefit from a live demonstration. They are increasing their trade show participation because it is more economical than sending crews across the country for demos.
Reduced attendance at a show does necessarily mean reduce effectiveness. The World of Concrete (also a HW event) had significantly lower attendance in 2010; but those who came were there to buy and not just for a junket in Vegas.
I still believe trade shows have an important function, even in the digital age. It will be interesting to see what the next few years bring.
* Prediction: HW will merge the AIA and CONSTRUCT shows into one super-sized event. Let's hope so, it would make for a more rational industry.