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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

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