Archive for November, 2006

Networking

Thursday, November 2nd, 2006

I attended a networking event last night. It was very interesting, as these events always tend to be, but I was reminded of the need to:

A) qualify people quickly to ensure your time is used effectively,

B) move away from people who don’t represent potential new business - after all, you are there to find new customers, not new friends.

If you get it right, networking can be a very good marketing and new business tool. I came away with 3 strong leads yesterday and a larger network of potential partners and advocates. Great value for money as the only expense was the travel costs - about a fiver.

I found the event through Business Link for London - an organisation I strongly recommend looking up if you’re a new or start up company looking for advice.

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Exhibitions and tradeshows

Wednesday, November 1st, 2006

Exhibitions and tradeshows can be a very effective tool for generating new business. But, they’re expensive. You have to pay to attend, to resource the stand in man hours, to provide all the materials you need on the day etc etc. It is not a cheap marketing vehicle that’s for sure.

So it’s very important that you plan your participation well. Have a look at this article on the Small Business Brief website by ‘The Tradeshow Coach’ Susan Friedmann. Susan has written 27 top tips for making the most of tradeshows:

27 Exhibiting Do’s and Don’ts

To add my top tip to Susan’s 27, it would be to plan your participation at trade shows at least a year in advance. Put a calendar of the major events in your industry together, attend any you haven’t been to before and make sure they reach your target audience - sometimes the sales hype you hear doesn’t accurately reflect who you are likely to meet.

Once you know which show to attend, get your budget organised and book on to the priority shows. Always negotiate with the vendor, you may be able to get a better price if you ask.

And finally, on the day remember you are there to talk to customers, not chat on the phone or collect emails - this always looks terrible and will certainly turn potential customers away from your stand.

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