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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