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2019 Multifamily Innovation Digital Magazine

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End of<br />

the Trade Show<br />

EDUCATION-BASED MARKETING finds its<br />

way to the <strong>Multifamily</strong> Apartment Industry.<br />

<strong>Multifamily</strong> Leadership is focused on<br />

improving innovation in <strong>Multifamily</strong> while<br />

redirecting millions of dollars to better<br />

product design and technology, and providing<br />

a sustainable way for brands to get<br />

more clients.<br />

The conference model has not changed<br />

over the last 50 years but it desperately<br />

needs to since it is impossible for busy decision-makers<br />

to attend every association<br />

meeting, product demo, trade show, user<br />

conference, and industry conference. In<br />

fact, many vendors continue to participate<br />

in these events, despite experiencing poor<br />

results, rising costs, and favoritism over<br />

exhibit space positioning.<br />

Additionally, trade shows generate an exorbitant<br />

amount of waste each year with an<br />

incredible 600,000 tons of trash turned out<br />

annually by the 60 million people who attend<br />

these events. This staggering amount<br />

of waste has a huge environmental impact.<br />

<strong>Multifamily</strong> companies now have an option<br />

for going green while featuring more of<br />

their product line than would fit in their<br />

trade show booth. They also have an<br />

indefinite amount of time to present their<br />

products to an executive who can watch at<br />

his or her leisure without the pressure of<br />

having to “pitch” within a short amount of<br />

time and with distractions from the trade<br />

show floor.<br />

Trade shows are an antiquated model that<br />

is in desperate need of innovation.<br />

There are much better ways to inform customers<br />

of new products. As the online marketplace<br />

expands - we buy online, network<br />

online, sell online, date online, learn online,<br />

and consume massive amounts of content<br />

online - resistance to this change feels safe<br />

but is very dangerous, as it exposes us to<br />

the greater risk of becoming irrelevant.<br />

Just as Netflix challenged an industry that<br />

did not innovate fast enough to survive,<br />

we plan to change the game within the<br />

multifamily housing sphere,<br />

making these resources affordable<br />

and accessible to all. We<br />

would be remiss as a company<br />

whose main focus is on using<br />

innovation to better the lives<br />

of all those involved with the<br />

multifamily industry, if we did<br />

not present a solution that will<br />

revolutionize the industry as a<br />

whole.<br />

We are now in a market where<br />

products require educating<br />

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