We review our 'Trade Show choice' formally once a quarter. So far, after each meeting we have decided to divert trade show expenses into something else that we feel will offer better value for our customers.
IMO, many trade shows have become a travelling car boot sale.
In the olden days shows were a great way to generate a spike in revenue and leads. Back in those days, the revenue generated at a show comfortably passed the costs incurred with conducting the show (and you got a lot of great leads!). These were the days when the only way to learn about what was new was to read a trade mag or... go to a show! Eventually show organisers (and the venue owners) caught on and ramped prices up. As costs ramped up, value of shows (to attendees) started to ramp down as new technology enabled people to explore and investigate what is new without travelling to a show. Lets face it, now a days if you are interested in learning about another company, do you only go to a show now? Nope. You Google it, visit here, email groups and friends, etc...
There are some shows that are better than others, but I believe that shows trying to live in the past will miss the future. Right now I am more interested in value creation for professionals via the Event and other avenues than setting up a £50k+ stall for the weekend to flog product just to cover the cost of being there to flog product
That doesn't mean we will always skip shows, it just means that until we feel we can either raise the bar or get a better return on the investment we will more than likely continue on our current path.
There have been many distributors that I know of that have been having meetings regarding 'doing their own show'. There is some value in this, however IMO they are making 2 key mistakes:
1- They are 'picking and choosing who is involved'. This is nice to ensure the Tarot card readers won't be there, but daft when they go out of their way to exclude companies they feel are 'competition'. If not done with care, it becomes a giant peeing match and ego fest.
2- Many people involved are not looking at the difference between the industry 10 years ago versus now. Many of these companies seem primarily interested in getting back to shows being 'profitable' for themselves without realising the purpose of shows for the average professional has changed. Trade shows were a must 10 years ago. They aren't any more.
Anyhoo, hope that helps shed some light on an rebellious distributors point of view