Posts Tagged ‘thought leader’
Eight ways to leverage your company’s trade show participation
If your company exhibited at ten trade shows ten years ago, perhaps you exhibit at five or six now. If you occupied half a city block with your new products and displays at the dawn of the new millennium, you may be getting by with less space. Or maybe your company has continued full steam ahead – with the caveat that results will be monitored very closely. Trade shows today can provide great opportunities. But they are expensive and so each one in which your company participates is no doubt expected to Produce with a capital P, whether the ROI is measured in actual sales generated at or after the show, new prospects gained, new alliances initiated, or great visibility garnered.
For future shows, you may benefit by going well beyond exhibiting and running a couple of ads.
Here are eight ways to make more of your trade show efforts:
1. Plan ahead to talk to a key audience. Up to a year or more before an important show, secure a speaking engagement for one of your key people. Talk about industry trends or innovations. Position your company and your speaker as thought leaders.
2. Get press before the show. Start several months ahead to assure that your company’s name and news are in the publications attendees will read before and at the show.
3. Generate more press while you are at the show. Make boothside appointments with editors and writers from key trade publications and blogs. Be prepared to give them a story worth telling.
4. Introducing a new product or service? Go a step further with the media: hold a press conference.
5. Get off the trade show floor to do some serious business. How often do you have this many distributors, customers and key prospects in one place? Organize an event: whether it’s a roundtable meeting for select advisors and customers to get input or plan next ventures, a breakfast or dinner to generate excitement about the year ahead or a cocktail hour to connect, a trade show is an excellent opportunity to enhance relationships.
6. Use social media intelligently. Twitter, Facebook and your corporate blog are good venues with which to let your constituencies know why they should interact with you at this show. Read Skyline’s good post on this topic for specific tips.
7. Go beyond selling. Show your customers, prospects, distributors, and other audiences that you are a partner and a resource for them. Introduce new training programs, partnering opportunities, Web applications, and more at the show. Showcase new interactive tools on giant screens at your exhibit – seeing is still believing.
8. Don’t file your hard work away. Don’t put your new leads, contacts and intelligence aside in the post-show scramble. It’s all too common to see gains lost when staff gets back to the office and gets busy. Make and adhere to a plan to close sales, engage with prospects, follow up with the press, and act on intelligence gathered.
We’d enjoy hearing what has and hasn’t worked for your company at trade shows – here or on van Schouwen Associates Facebook page.
I hear you want to be a thought leader.
It is easier said than done, of course. But, if you are in a position in business, government or another sphere in which being inspirational or trendsetting is key, it may well be worth the effort. (Plus, some people would rather lead than follow, no matter what.)
A thought leader is somewhat snidely defined by Wikipedia as “business jargon for an entity that is recognized for having innovative ideas.” (This link leads, nonetheless, to a good article that is worth a few minutes if you’re interested in the topic.)
Being a thought leader goes beyond a few light bulbs of inspiration. It involves having an in-depth understanding of some key aspect (or many key aspects) of your field. These may include the technologies, people, and trends involved, and the direction in which this field may be going. A thought leader also has opinions on which way things should be going, and these are generally (optimistically!) based on more than quick judgments. Typically, a thought leader also knows what others have been saying and feels no compunction to be in lockstep with the other thought leaders, nor to disagree with them. Being a thought leader takes nerve.
There’s also (hello? anyone out there??) the issue of being heard over the noise. How can one be a thought leader if one has no followers? If a tree falls in the forest and there is no one there to hear… It’s pleasant to think that some thought leaders would express their opinions because of a clear intellectual or ethical compunction to do so, even if no one or hardly anyone is listening. Even if there will be no book sales. Or speaker fees. But most leaders want followers. Being a true thought leader eventually demands that you have (although not so formally named) “thought followers”.
There is also the question of forum. A thought leader can start small. She can be the manager of a group. She can give seminars, write articles, give speeches to small groups. She can blog. Being a thought leader demands that you find a medium or multiple media in which to express your insights.
But most of all, the thought leader needs insights. Vision. Education. Breadth. The person most likely to become a thought leader has all these. The thought leader also enjoys a clarity of thought process that, while not an infallible defense against errors in tactics, strategy or advice delivered, allows cool reassessments and logical course changes when required. Generally, that clarity of thought will also inhibit the leader from speaking about an opinion until he is PRETTY SURE that opinion is valid. This is not always the case. Take Pat Robertson‘s many quotes.
A thought leader need not always be followed. Should not always be followed. That alone is a reason either to become one or to focus on being an independent thinker, sifting the insights of many, swallowing none of them hook, line and sinker.
Hot day kick start – for rainmakers only
It’s a hot summer day. So sometimes what’s obvious eludes us. After all, the sidewalks are steaming.
Here’s an example from my own role as rainmaker: vSA offers strategic marketing. GREAT, I think to myself. PR with a new emphasis on interactive, really sharp Web outreach, innovative sales tools, advertising… and lots more. Cool.
BUT.
What does a prospect care about marketing, really (perhaps not much). It’s my job to light the fire by determining SPECIFICALLY how vSA can improve the prospect’s situation and life.
As in… vSA bolsters sales, builds market share, helps create thought leaders. vSA makes companies more visible than their competition so they LOOK BETTER than their competition, SELL MORE than their competition, and WIN in a dog-eat-dog economy.
Furthermore, we help make our individual clients ever more successful as executives or business owners. vSA can help them make more money as well as enable them to go home on time more often – feeling good – so they can ride their bikes or float in the pool.
After all, it IS hot out there.
How to ramp up marketing for a recovery
We’re seeing a difference in the way our various clients are marketing right now.
The entrepreneurial, smaller to mid-size companies are continuing to put up a good fight. They’re either marketing aggressively and continuously, or adding new capabilities such as Web sites to augment their sales efforts. Our largest corporate clients are, in some cases, a different story. More oriented toward detailed budgeting and do-or-die profit projections (as well as being observed by anxious shareholders) their marketing has been somewhat more cautious, with projects going on hold or reduced in scope, and decisions put off by higher-ups until the next quarter or so.
As marketers, of course we’re pro-marketing. You can’t hide your way out of a recession. Silence is NOT golden in this case. However, as strategists, we’re also sympathetic to the way different organizations must do business.
So… what’s quick, affordable and can yield results exciting enough to stimulate the next activity?
Create a single initiative to motivate your customers. Run an End the Recession Promotion. If customers buy a particular new product or open an account, you give them a related gift or incentive… or perhaps a second product free.
Get people together. There’s no better way to laugh in the face of adversity than to make clear that your company is not taking part in any further downturn. Mind you, this get-together is special. It’s one in which you make your new energy, direction or differentiation clear either through an important announcement, an incentive toward buying your newest and greatest offering or a funny and motivational speech directed toward the audience’s interests. Build relationships, and then follow up after the event.
Call the media! Do you have a new product, market or major initiative? Celebrate it with a press conference. Include (as appropriate) product demonstrations, a tour of the manufacturing facility or an introduction to the creative force behind the new idea… you know, like meeting Steve Jobs.
Do it online. Spring clean your Web site. Does your Web site bore even you? Does it look like your Uncle Leon designed it? The Web is very important now as your public face. Use it to inform, inspire, communicate, and (yes!) perhaps even sell. It’s an investment that will pay you back.
Become a thought leader. Write a bylined article (or we’ll do it for you) about where your industry, or its technologies, or consumer demand is going. Publish it in publications that your prospects read. Reprint it and send it out to prospects. Let your salespeople hand it out as yet more evidence of your expertise.
Start a GOOD newsletter. Let it convey what’s new, why customers are lucky to work with you, why now is the time to invest in what you want to sell. Do it at least twice a year. E-news or print… it’s up to you.
Partner with another company. You sell window treatments, they sell windows. For a limited time, customers who buy windows get a 40% discount on any of your fashionable designs!
Add your own idea here. Inaction isn’t useful, but daring outreach is. You’ll be glad, whether in three months, six or a year that you moved aggressively while others did not. What will work for you?

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