the September 2008 Issue in PDF Format - Trade Show Executive
the September 2008 Issue in PDF Format - Trade Show Executive
the September 2008 Issue in PDF Format - Trade Show Executive
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T r e n d i n g & S p e n d i n g<br />
<strong>Trade</strong> <strong>Show</strong> <strong>Executive</strong>’s Exposition Forecast<strong>in</strong>g Board<br />
Darlene Gudea,<br />
Publisher & Editor,<br />
<strong>Trade</strong> <strong>Show</strong> <strong>Executive</strong><br />
Frank Chow,<br />
Senior Economist,<br />
<strong>Trade</strong> <strong>Show</strong> <strong>Executive</strong><br />
Tom Caridi,<br />
CFO,<br />
Questex Media Group<br />
Nancy Walsh,<br />
<strong>Executive</strong> Vice President,<br />
Reed Exhibitions<br />
Chris Meyer,<br />
Vice President, Convention Sales,<br />
Las Vegas Convention and Visitors<br />
Authority<br />
“We have seen an <strong>in</strong>crease <strong>in</strong> future bus<strong>in</strong>ess leads<br />
over <strong>the</strong> last three months. <strong>Trade</strong> show attendance<br />
at retail-related events has decreased moderately.<br />
Construction, communications and technology events<br />
have all had significant <strong>in</strong>creases <strong>in</strong> attendance,<br />
with some percentages reach<strong>in</strong>g double digits.<br />
Industry events such as DMAI [Dest<strong>in</strong>ation Market<strong>in</strong>g<br />
Association International] and MPI [Meet<strong>in</strong>g<br />
Professionals International] had double-digit growth<br />
<strong>in</strong> attendance.”<br />
Chris Meyer<br />
cmeyer@lvcva.com<br />
Margaret<br />
Pederson,<br />
President,<br />
Amerix<br />
Doug Ducate,<br />
President & CEO,<br />
Center for Exhibition<br />
Industry Research (CEIR)<br />
Tim McGill,<br />
CEO,<br />
Hargrove Inc.<br />
Jack Chalden,<br />
VP, Bus<strong>in</strong>ess Development<br />
& Industry Relations,<br />
BDMetrics, Inc.<br />
Skip Cox,<br />
President & CEO,<br />
Exhibit Surveys<br />
“The <strong>in</strong>creased cost of travel will likely be <strong>the</strong><br />
primary driver of negative pressure on attendance<br />
growth <strong>in</strong> <strong>the</strong> short term, probably more so than <strong>the</strong><br />
economy. This could result <strong>in</strong> <strong>in</strong>creased regionality<br />
of attendance for some shows. None<strong>the</strong>less, we still<br />
expect modest overall growth <strong>in</strong> attendance for <strong>the</strong><br />
year.<br />
“Major B-to-B marketers are cont<strong>in</strong>u<strong>in</strong>g to feel<br />
cost-cutt<strong>in</strong>g pressures. S<strong>in</strong>ce exhibit and event budgets<br />
are now command<strong>in</strong>g <strong>the</strong> largest percentage of <strong>the</strong><br />
market<strong>in</strong>g budget (accord<strong>in</strong>g to recent research of B2B<br />
marketers by Forrester and Market<strong>in</strong>g Profs), exhibits<br />
and events are likely to be <strong>the</strong> biggest target. Longterm,<br />
however, trade shows and events should fare<br />
well as <strong>the</strong>se same marketers are plac<strong>in</strong>g <strong>in</strong>creased<br />
importance and value on customer-fac<strong>in</strong>g activities,<br />
accord<strong>in</strong>g to research by <strong>the</strong> CMO Council. It will be<br />
more critical <strong>in</strong> <strong>the</strong> future for exhibitions to substantiate<br />
<strong>the</strong> ROI/ROO exhibitors can achieve at exhibitions as we<br />
cont<strong>in</strong>ually compete for market<strong>in</strong>g budgets.”<br />
Skip Cox<br />
skip@exhibitsurveys.com<br />
14 <strong>September</strong> <strong>2008</strong> <strong>Trade</strong> <strong>Show</strong> <strong>Executive</strong> www.<strong>Trade</strong><strong>Show</strong><strong>Executive</strong>.com