1 00:00:00,000 --> 00:00:07,280 Kevin Mako: Hello, product innovators. Today we learn from a 30-year trade show expert on how to use trade shows to launch your invention and grow your product sales. 2 00:00:10,710 --> 00:00:20,690 Narrator: You're listening to the Product Startup Podcast, the show that helps bring your product idea to life by chatting with successful inventors, product developers, 3 00:00:21,790 --> 00:00:30,930 Narrator: manufacturers, and hardware industry professionals. Our goal here is to get to the bottom of what makes a product successful, from initial idea to getting your product on store shelves. 4 00:00:30,930 --> 00:00:44,170 Narrator: We're taking you step by step to build a functional product and scale your product business. Hosted by Kevin Mako, one of North America's leading experts on hardware development for small product businesses. 5 00:00:44,570 --> 00:00:46,270 Jim Cermak: Now, on to the show. 6 00:00:46,990 --> 00:01:00,970 Kevin Mako: Welcome back, everyone. Today I'm very excited to introduce Jim Cermak to the show. Jim is the founder of Trade Show University, an organization that educates and consults small businesses on winning at trade shows. He's been both in the trade show industry for third year. 7 00:01:00,990 --> 00:01:11,930 Kevin Mako: but also in the consumer product development marketing business for many years. He's also the host of the Trade Show University podcast. Today, Jim is going to share some valuable knowledge on how inventors, startups, and small 8 00:01:11,930 --> 00:01:20,810 Kevin Mako: manufacturers can first choose a great show to exhibit at, then how to do a great job at landing big sales at the show itself. Now, on to the episode. 9 00:01:21,980 --> 00:01:26,060 Kevin Mako: Jim, welcome to the show. Oh, Kevin, thank you so much. Really, really glad to be here. 10 00:01:26,380 --> 00:01:40,660 Kevin Mako: Well, it's great to have met you a few months ago. We met through a mutual friend, JLD, from my first. Entrepreneurs on Fire and he's one of the biggest podcasters in the world. I know we both learned an incredible amount from him both personally and through his podcast show. So it's great to meet you 11 00:01:40,660 --> 00:01:52,980 Jim Cermak: there and get to now have you on this show. Oh, yes. Yeah, JLD is the best. And that's tip number one for any hardware startup out there. Make sure you're listening to Entrepreneurs on Fire and other great podcasts. 12 00:01:53,180 --> 00:02:01,200 Kevin Mako: Yeah, great show. I listen to it regularly as well. So we're here to talk about trade shows today. I'm very excited. Just give us a bit of a background, Jim, of how you got into this business. 13 00:02:01,220 --> 00:02:12,400 Jim Cermak: Sure, sure. I've been in marketing for over 30 years. And one of the first things that I did, I worked for a candy company, Fannie Farmer Candy, if you can remember that way back in the day. 14 00:02:12,580 --> 00:02:22,840 Jim Cermak: I don't know, they're not around anymore, but they were huge. And they had hundreds of stores across country. And I got to go to my very first trade show, which was the Philadelphia Candy Show. 15 00:02:23,320 --> 00:02:31,080 Jim Cermak: And I've never, never been to a trade show before. I wasn't sure what to expect. But the group of us were going. We get there. And it's this mecca. 16 00:02:31,220 --> 00:02:44,340 Jim Cermak: of candy and boots and all these companies just giving out samples. And I was, I was, I was so excited just to be able to eat candy for quite a quite a while. But then you wanted a burger after about an hour or two. 17 00:02:45,140 --> 00:02:59,280 Jim Cermak: But it was just a phenomenal experience because everyone was excited. And then, then from there, I went to a manufacturing company. And I got to go to my first trade show there. And I'm like, oh, well, this is probably not going to be near as exciting. But it was because everyone was 18 00:02:59,280 --> 00:03:03,400 Jim Cermak: they're talking about their products. They were excited about to showcase their products. 19 00:03:03,660 --> 00:03:17,800 Jim Cermak: So ever since then, I've just been so, I have become convinced that the trade shows are one of the best marketing tools, if done right, for companies of any type, especially hardware startups. It's a great way for them to showcase new products. 20 00:03:18,200 --> 00:03:26,980 Jim Cermak: So that's how I got started in it. And just over the years, have done hundreds and hundreds of shows, both from a planning standpoint, from an exhibiting standpoint. I've learned so much. 21 00:03:26,980 --> 00:03:39,880 Kevin Mako: And today I just love to share knowledge with businesses. Well, that's great. And I know trade shows are very powerful. A lot of major hardware companies have got their start at a trade show or got their big ticket, you know. 22 00:03:40,200 --> 00:03:50,420 Kevin Mako: And that's what trade shows are a really important part or can be an important part of somebody's product sales or product distribution roadmap and a great way to meet many people in the 23 00:03:50,420 --> 00:04:04,580 Kevin Mako: industry as well as many potential buyers, especially right now with COVID, given that the people who are now going back to trade. shows. I mean, those are people who are very engaged. And something you and I talk about before we came on to the show, the people who are at the trade shows now, these are serious people. These are the 24 00:04:04,580 --> 00:04:08,720 Kevin Mako: decision makers. They want to be there. They're there to do business and they're there to learn 25 00:04:08,720 --> 00:04:17,340 Jim Cermak: about new products, especially if they're out of hardware show. Yeah. Oh, absolutely. Absolutely. Yeah. They're not sending their their whole team of people to just go pick up, 26 00:04:18,240 --> 00:04:24,000 Jim Cermak: giveaways. They're there to make decisions to figure out what products they're going to start carrying the big retailers, 27 00:04:24,900 --> 00:04:38,460 Jim Cermak: which product, which hardware companies are going to be looking to bring on new products into their lines. So it's a great place for companies. And like you said, there's a lot of companies that were startups at one point bringing their very first product 28 00:04:38,460 --> 00:04:50,020 Jim Cermak: and trying to get some exposure that got the eyes of those buyers that they never would have been able to get in front of any other way, but they just happened to be walking past at the right time 29 00:04:50,020 --> 00:04:55,240 Jim Cermak: and they're in the right place and they're able to reach out and make that connection and showcase 30 00:04:55,240 --> 00:05:08,360 Kevin Mako: their product and led to a big deal. That's incredible. It's one heck of a feeling when that happens as well. Even just the hustle and bustle of it all is phenomenal. I've been to many trade shows on behalf of clients or just a visiting or whatever partners, et cetera. And there's always, 31 00:05:08,460 --> 00:05:22,640 Kevin Mako: it was interesting how you mentioned right at the beginning of the show. You thought it would be boring the first couple you went to. And it's just, it's shocking how much is going on and how much activity happens, how much commerce happens in a very short time span at these shows. Before we get 32 00:05:22,640 --> 00:05:33,980 Kevin Mako: into the tips and tricks of how hardware startups or companies that are releasing their next product can use trade shows to best benefit their product sales, just start with an overall viewpoint 33 00:05:33,980 --> 00:05:41,180 Jim Cermak: definition of what trade shows are and how do they work? Sure. That's great question. So trade shows are basically, 34 00:05:42,140 --> 00:05:55,920 Jim Cermak: a lot of them are around a specific industry or a specific theme. And, And so we'll talk hardware. So you mentioned the hardware show or you mentioned CES earlier, you know, consumer electronics show. These are massive, massive shows. 35 00:05:56,680 --> 00:06:11,020 Jim Cermak: And there's usually a couple different components. One is the exhibit hall. And that's where all the energy is. And that is basically exhibits, companies that go there and they bring their best of the best and they bring their new stuff. 36 00:06:11,200 --> 00:06:23,160 Jim Cermak: And so you have a table. You have a booth. And you're there talking to. to and having attendees in front of you, attendees who are potentially your ideal target audience, 37 00:06:23,700 --> 00:06:30,580 Jim Cermak: people there are there to learn about what's new in the industry, to check out new vendors, to check out new suppliers, 38 00:06:31,520 --> 00:06:33,820 Jim Cermak: to see the innovation, 39 00:06:34,980 --> 00:06:46,580 Jim Cermak: to learn about trends that are going on in the industry. There's so much at these shows. And as an exhibitor, you're one little microcosm of that. You've got this booth, whether that's a small 10 by 10 booth. 40 00:06:46,600 --> 00:06:57,820 Jim Cermak: which is typically like the starter size up to you'll see some of these these multinational companies like you know think of a tool company like a stanley or uh you know a company Milwaukee 41 00:06:57,820 --> 00:07:08,940 Jim Cermak: tools that that they'll have this massive booth like a 30 by 30 and it's multi stories and they've got a staff of 30 people and for for hardware startup it might be one person might be the 42 00:07:08,940 --> 00:07:19,240 Jim Cermak: inventor that's the whole company it might be two or three people in a small booth but it's the same people that are walking in front of both boots. They might be there to see the big companies, 43 00:07:19,720 --> 00:07:31,140 Jim Cermak: but now they're walking past your company and they're walking past your booth. So what you have is possibly, you know, anywhere from a few to hundreds or even thousands of exhibitors in one 44 00:07:31,140 --> 00:07:43,160 Jim Cermak: place. And then typically there's other things going on. There might be workshops. There's breakout sessions. There's places to go get information about whatever topics that are important 45 00:07:43,160 --> 00:07:57,200 Jim Cermak: into the industry, it might be trends, it might be how-toes, it might be new, innovative products or techniques or softwares that are out there that are helping the industry. So there's typically a lot of things that you can go to learn, absorb, 46 00:07:58,080 --> 00:07:59,040 Jim Cermak: and then also that 47 00:07:59,040 --> 00:08:04,300 Kevin Mako: exhibit hall where you really get to see what's new and what's fun and exciting about the industry. 48 00:08:05,340 --> 00:08:16,930 Jim Cermak: So if I'm a hardware startup interested in exhibiting at a trade show, what are my first steps? first steps is you have to figure out what is the right show for you what is the right show because 49 00:08:16,930 --> 00:08:29,690 Jim Cermak: there's a lot of them and it goes from like we said the hardware show where which is massive just huge huge show it could be very very expensive to be there and that might be the best show for 50 00:08:29,690 --> 00:08:40,350 Jim Cermak: you but it might not be you have to do your homework so go to the website of that show and see how many exhibitors are going to be there how many attendees are they expecting where's 51 00:08:40,370 --> 00:08:54,870 Jim Cermak: a show being located. Because you've got, you're going to have a lot of costs, especially for a larger show. You've got a lot of costs that you have to consider one of those being travel. I need to get there. I need to get all my stuff there. And then you have, so first, you need to 52 00:08:54,870 --> 00:09:04,590 Jim Cermak: figure out what is the right show. And maybe that big national industry show might not be the best, best show for you. Maybe it's something a little more regional. Maybe it's something more specific. 53 00:09:05,370 --> 00:09:17,310 Jim Cermak: So maybe it's more of a home improvement show if your product is more towards that angle. Maybe if you're selling direct to consumer or direct to the end user versus going through 54 00:09:17,310 --> 00:09:32,270 Jim Cermak: distributors or going through retail, you need to figure out what is your strategy to market and then pick the show that where the attendees there are going to be the best for you. So that's the first thing is just selecting the right show. And that's going to be based on a lot 55 00:09:32,270 --> 00:09:35,630 Jim Cermak: of different things for your product, your audience, and your budget. 56 00:09:36,710 --> 00:09:47,870 Jim Cermak: F, once you figure out the right show, you've got to have a strategy to actually be there. So many companies, and I see this all the time, of companies that are well-established companies, 57 00:09:48,090 --> 00:09:59,370 Jim Cermak: they have that, if we show up, people will just, we'll buy, and they'll, they'll engage with us and they'll want to do business with us just because we're there at the show. And that doesn't happen. 58 00:09:59,990 --> 00:10:12,090 Jim Cermak: And if you think about, if anyone who's listening has been to one of these big shows before, you've got hundreds and hundreds of booths that you have to walk past, you're not going to stop at every single booth and say, what do you do? You don't have the time to do that. 59 00:10:12,230 --> 00:10:26,330 Jim Cermak: And people are not going to come up to you and ask you, what do you do unless there's something compelling reason for them to do that. So that is what you have to do. Do you have to have a strategy? You have to set the right metrics first. 60 00:10:26,450 --> 00:10:40,310 Jim Cermak: What do I want to get out of the show? what would be ideal for me? So do I want to just get business cards from people? Do I just want to scan badges of the people that come to my booth? Or do I want qualified leads? 61 00:10:41,090 --> 00:10:55,410 Jim Cermak: And that there's a difference there between having a stack of business cards. You can have a stack of 100 business cards. You're like, wow, we just, we did great at that show. And now you're starting the follow-up process of calling these people back. And you find out that 80 out of this hundred aren't even qualified. 62 00:10:55,410 --> 00:11:09,790 Jim Cermak: So you've wasted all that time on the follow-up. So you have to have the right metrics up front. What do I want to get out of the show? And then you want to set the right goals to get, to be able to get that, to be able to get those metrics that you want. 63 00:11:09,930 --> 00:11:22,390 Jim Cermak: So what would make sense for you, you know, is it 20 qualified leads? Maybe you're even selling product right there at the show. It's setting this many orders, this many orders that you want to get right there at the show. 64 00:11:22,610 --> 00:11:26,390 Jim Cermak: And depending on the industry, you can, you can do that. Obviously, if you have, if you're, 65 00:11:27,250 --> 00:11:42,210 Jim Cermak: if you're, if you're, if you're, if you're, selling a $20,000 innovative product that no one's ever heard of before, don't expect to sell any right there at the show. But you're going to start the process of setting an appointment, scheduling a demo. And maybe those are your metrics. It's scheduling that next demo. 66 00:11:43,410 --> 00:11:54,810 Jim Cermak: So set the right metrics and set the right goals. Make sure there's very specific goals that you want to get a certain number of sales, a certain number of leads, a certain number of demos scheduled. 67 00:11:56,120 --> 00:12:11,110 Jim Cermak: And then once you do that once you've got the right goals. And one thing I'll offer to everybody, I'll just throw this out there. I have a, what I call my ultimate goal setting workbook just for trade shows. And I will, 68 00:12:11,270 --> 00:12:25,170 Jim Cermak: I'll give that to anybody free of charge. And I'll give my contact info at the end. Well, that's very generous. Much appreciated. So that is, that's something that's really going to help shortcut this process and make it very, very specific. So you set the right metrics, set the right 69 00:12:25,170 --> 00:12:33,610 Jim Cermak: goals and then you got to have this you got to staff correctly for the show my my nature by nature is 70 00:12:33,610 --> 00:12:45,850 Jim Cermak: I'm an introvert a lot of people don't believe that when they meet me but I when given the chance if people are walking past me that I don't know I'm very reluctant to want to engage that person 71 00:12:45,850 --> 00:13:00,550 Jim Cermak: and I'll make excuses for them as they walk past my booth that oh they look busy oh they're on the phone oh they look like they're in a hurry to go somewhere at where that's That's not true. Everyone's there for a reason. If they're at the show, they want to get business done. They have spent 72 00:13:00,550 --> 00:13:08,670 Jim Cermak: their time, effort, money to be there at that show as an attendee. And they could be your biggest customer ever. 73 00:13:10,190 --> 00:13:23,810 Jim Cermak: And if you let them walk right past, then you're doing everybody to service. You're doing them a disservice. You're doing yourself a disservice. So you got to make sure that you staff correctly to make sure you have at least one person there that's not afraid to engage 74 00:13:23,810 --> 00:13:25,490 Jim Cermak: with people as they walk past. 75 00:13:26,510 --> 00:13:41,010 Jim Cermak: So we want to make sure you staff correctly. And I have a question for every single person that's walking past so that you grab their attention. What is it that you want to talk about about your product? What makes it different? Why do they need to know about it? 76 00:13:41,750 --> 00:13:53,510 Jim Cermak: I bet if you had people in one-on-one conversations with you about your product, whatever you're designing or your product line, that fuels your income, feeds your family, that you 77 00:13:53,510 --> 00:13:57,510 Jim Cermak: could probably talk very enthusiastically about your products. 78 00:13:58,620 --> 00:14:11,060 Jim Cermak: Make sure you are ready to do that with people. But they're not going to come up and ask you what makes your product so special. You've got to start that conversation so you can get to that question, but you've got to have 79 00:14:11,060 --> 00:14:25,840 Kevin Mako: that right question that you're asking everyone. Because your job is to engage. That's not the job of your booth design. It's not the job of your literature because people will look at your booth, no matter how great it is and they're going to make a decision to walk right past. So you've got to 80 00:14:25,840 --> 00:14:28,680 Kevin Mako: engage someone in that split second they're walking past. 81 00:14:30,150 --> 00:14:44,750 Kevin Mako: Especially if they're taking a look, what a tremendous opportunity. And you notice, especially when you've done a few trade shows, you notice the hesitation, you notice the peak, and that's what you need to be pouncing on. The second that somebody glances at your booth more and a half a second, and you notice that, 82 00:14:44,810 --> 00:14:58,110 Kevin Mako: that means something caught their eye and they may be interested in what you have to offer. What I love about what you're saying, too, is it goes both ways. As these, folks are walking by, they may also have the same similar, a similar level of reservation about 83 00:14:58,110 --> 00:15:12,270 Kevin Mako: just jumping onto your product and seeing what it's all about and seeing if it fits their product line, they may be making the same excuses back to you. And that's where if you can just put that little bit of extra effort and you can catch them and grab them. And what I like 84 00:15:12,270 --> 00:15:22,890 Kevin Mako: that you mentioned so much, even, you know, before that moment we're actually on the floor is it all comes down to planning. And this is something that's so important. I think about CES. I've been there numerous times. 85 00:15:23,770 --> 00:15:33,850 Kevin Mako: And you've got to understand CES. There's different sections for different people. There's an entire section, the Eureka section, four startups. Then there's entire sections for 86 00:15:33,850 --> 00:15:44,690 Kevin Mako: specific verticals of products. There's sports. There's home automation. There's everything up to automotive, which is an entire building just for the automotive section, right? Like every area has 87 00:15:44,690 --> 00:15:56,250 Kevin Mako: its own unique features. So just a little bit of planning in advance will help you ensure that you're in the right place and all of this comes around to increasing your probability that the people 88 00:15:56,250 --> 00:16:02,330 Kevin Mako: who are walking by that particular your booth are in the right section and are more interested 89 00:16:02,330 --> 00:16:14,650 Jim Cermak: likely than somebody who's over in the you know whatever the next general motor's next car is coming in and this is all comes down to just a small bit of planning and guidance to really figure 90 00:16:14,650 --> 00:16:23,270 Jim Cermak: out what's the first of all the best trade show to be at and then how to execute at that trade show to give yourself the best odds, especially as a new hardware startup, getting into the space there. 91 00:16:24,330 --> 00:16:37,550 Jim Cermak: You are just talking that's absolute gold right there. Do your homework. And typically the website of the show has so much information if you just go digging in. And once you decide, 92 00:16:38,050 --> 00:16:51,850 Jim Cermak: maybe even haven't decided yet if you want to be at that show, but go onto their site. Typically, they will have the show floor layout. And like Kevin said, there may be specific sections. And you might overlap into a couple sections. You might say, we could be in this section or in this 93 00:16:51,850 --> 00:17:04,410 Jim Cermak: section because our product does both. It hits both these markets. Figure out what it's going to be the best one. You hit one more than the other. So be in that section. And also figure out, 94 00:17:04,570 --> 00:17:16,410 Jim Cermak: okay, which of my competitors is here? Because trade shows are a phenomenal place to do some competitive research. While you're there at the show, don't just sit behind your table, sit in your 95 00:17:16,410 --> 00:17:28,610 Kevin Mako: booth during the entire time get out and explore and then do your research take pictures of your competitors booth grab their literature and why not even talk to them you know just go up and and be 96 00:17:28,610 --> 00:17:40,010 Kevin Mako: completely transparent ham with this new company i love what you guys do you guys are fantastic in the market just wanted to say hello and just learn a little more about what you do why not you know 97 00:17:40,010 --> 00:17:50,210 Kevin Mako: a lot of our a lot of our clients that have been acquired have been acquired by their competitors so So there's nothing wrong with opening up the door and having a pleasant conversation, 98 00:17:50,470 --> 00:18:04,790 Kevin Mako: being, you know, reasonably transparent and being cordial and talking to your competitors. You know, I think of PetBot. They're acquired by PetCube, who was the big, you know, basically they were trying to compete and take market share away from PetCube with PetBot, which we designed and engineered. 99 00:18:04,950 --> 00:18:19,390 Kevin Mako: Well, it was such a splash and hit the market so hard. PetCube just said, well, why don't we just offer him a whole bunch of money and take them over and pull it in, right? So don't be afraid of your competitors. There's a lot of intel there. Also, your competitors is a really easy way to do the research for you. 100 00:18:19,830 --> 00:18:28,850 Kevin Mako: If you're not sure what section you should be in, find, and you may have a new and proprietary product. Maybe you don't have a competitor, but you will have competitive products or alternative products. 101 00:18:29,010 --> 00:18:39,550 Jim Cermak: Just find out where they're sitting. And then right then and there, you know, even just look at the prior year or whatever else. And if you really aren't sure, a really easy thing to do is just visit the trade show this 102 00:18:39,550 --> 00:18:50,810 Jim Cermak: year and plan to go next year, right, walk the floor and really start, feel it out, look around and say, you know what, I could visualize myself. right here in this section by these players. And I feel like the people who are coming to 103 00:18:50,810 --> 00:18:55,530 Jim Cermak: look at these products are going to get really excited about my product because it's better for XYZ reason. 104 00:18:56,550 --> 00:19:10,650 Jim Cermak: Oh, that's a great advice. And if you have if you, but if you're in the, in the situation where you feel like I need to be there. You know, I can't take a year to, to go and walk the show. If you're in a spot where you're ready to launch and you want to make 105 00:19:10,650 --> 00:19:25,430 Jim Cermak: that big splash, contact the representative from the show and tell them, here's what I'm trying to do. And here's, here's what the product does. And they will help you to figure out where you need to be at the show. And they're also a great resource. If it's a general 106 00:19:25,430 --> 00:19:27,090 Jim Cermak: show, they don't have sections. 107 00:19:28,250 --> 00:19:29,850 Jim Cermak: You could say, where's the best booth? 108 00:19:30,790 --> 00:19:45,230 Jim Cermak: Because the last thing you want to be is stuck in a corner that doesn't get near as much traffic as down the main drag of where the flow of traffic is going to be. So have them help you identify here based on your 109 00:19:45,230 --> 00:19:55,530 Kevin Mako: budget based on what you're trying to accomplish. Here's where there's two or three booth locations that might be best for you. So utilize the resources at the show to help you select the right 110 00:19:55,530 --> 00:20:06,790 Kevin Mako: booth, the right booth location, the right size of booth and help you figure out those questions that you just might not know yet. But if you have the opportunity and if you've never done a show 111 00:20:06,790 --> 00:20:19,850 Kevin Mako: before, you might want to take the time, like Kevin had mentioned, take the time and go walk a show and do the research that way firsthand. Those are great tips. I always, as well, you think of startup mentality, 112 00:20:20,510 --> 00:20:28,750 Kevin Mako: it may be difficult to get the best or the most premium space. A lot of the time, those are reserved for the bigger boosts or people who have been there for multiple years or whatever else. 113 00:20:29,630 --> 00:20:33,810 Kevin Mako: So you can always look at also starting small, getting your foot in the door. 114 00:20:34,750 --> 00:20:47,590 Kevin Mako: Even at some of the trade shows, even as big as CES, they started to have almost essentially microbooths the last year that I was there. So generally your minimum boost size is what approximately a 10 foot by 10 foot cube. 115 00:20:48,350 --> 00:20:58,190 Kevin Mako: And then you set it up how you see fit. And then you can grow on multiples of that. But at some trade shows that are really trying to appeal to the startup market, they may have half sizes or they may have just table stands. 116 00:20:58,330 --> 00:21:08,890 Jim Cermak: And there might even be organizations that help people pitch products. And they buy up an entire section, a 100 foot stretch or whatever. And then they put 20 or 30 different folks within that section. 117 00:21:09,350 --> 00:21:16,750 Kevin Mako: You can talk to partners that may have sections as well. well that might that might say well look we we you know we've got this big booth but we're going to 118 00:21:16,750 --> 00:21:26,970 Jim Cermak: have three or four partners on board you know that's another option and that helps you dilute the cost there's many ways to look to you know start small and work your way up but the key is just 119 00:21:26,970 --> 00:21:40,890 Jim Cermak: you know as jim was saying just start with your research absolutely you can never do enough homework i mean you don't want to get to the point where you're over analyzing and you're running out of time but definitely do the homework to make sure you got the right show and and that you're 120 00:21:40,890 --> 00:21:47,550 Jim Cermak: planning accordingly. So let's say you've picked your show, you've bought your booth space, how do you execute well? 121 00:21:48,500 --> 00:21:51,440 Jim Cermak: Wow, that's a great, great question. So again, 122 00:21:52,920 --> 00:22:06,860 Jim Cermak: and I'm going to reference people to go check out my podcast because I've got over 100 episodes and each episode is a different topic around planning for shows. So the very first episode I ever did was goal setting. 123 00:22:10,500 --> 00:22:24,020 Jim Cermak: So there's creating your booth flow. And that is basically orchestrating a customer journey. Even if it's a 10 by 10 booth and you only have one or two people working, it's still the journey that you take 124 00:22:24,020 --> 00:22:33,460 Jim Cermak: people through from meeting them to getting them to understand about, you know, qualifying them first, of course. You want to qualify. Make sure you don't get into long, drawn out conversations 125 00:22:33,460 --> 00:22:45,120 Jim Cermak: with people without qualifying them. That's a good tip. But make sure you qualify them and then get them into do you want them to do a demo right there is your product can you do a demo there do you need 126 00:22:45,120 --> 00:22:57,720 Jim Cermak: to schedule a demo whatever you can do and get them get their contact information and then let them go so get them to the ultimate end result whether that is scheduling a demo or just getting their 127 00:22:57,720 --> 00:23:08,820 Jim Cermak: contact information because they've qualified them and then let them go whatever that is you want to orchestrate that customer journey so there's a lot of a lot of great things there but you want to 128 00:23:08,820 --> 00:23:22,530 Jim Cermak: make sure that you have, you know, great-looking materials. You want something that that doesn't say too much. You want your materials and your backdrop, your banners, whatever, whatever display 129 00:23:22,530 --> 00:23:32,890 Jim Cermak: materials that you have, you want to make sure they're clean and that they're clear in messaging, especially if you have features and benefits that are, that differentiate you from any other 130 00:23:32,890 --> 00:23:45,630 Jim Cermak: competitive products out there. Or like Kevin said, if you're a disruptor and you have something new to to share with the world, make sure that you're talking to the people about where their money is 131 00:23:45,630 --> 00:23:58,410 Jim Cermak: currently going and why they need to spend it with you. How are you different? How are you a better solution overall? So make sure your booth, your design, your messaging is on point and very 132 00:23:58,410 --> 00:24:10,390 Jim Cermak: easy to digest. People should not have to stand there and read for 30 to 60 seconds about your products and because they won't let's just put it that way they won't you have like a couple 133 00:24:10,390 --> 00:24:20,070 Jim Cermak: seconds where they're going to maybe like Kevin said they're to walk past your booth all of a sudden they stop just they hesitate just they maybe slow down just a little bit they maybe just 134 00:24:20,070 --> 00:24:25,430 Jim Cermak: don't don't even stop they just slow down enough for you to ask them a quick question hey have you 135 00:24:25,430 --> 00:24:36,970 Kevin Mako: ever heard of ABC product that might be the name of your product no I haven't heard about it can I tell you about it because it and here and then you can launch into your 30 second pitch but make sure you 136 00:24:36,970 --> 00:24:49,310 Kevin Mako: qualify them really really quickly up front because the last thing and I've had this happen to me I'm sure you have Kevin you be at a booth and someone launches into a 15 minute pitch about their 137 00:24:49,310 --> 00:25:03,810 Kevin Mako: product or service and 30 seconds in you're like I'm I'll never buy from you because that doesn't apply to what I do or anything so but they get so excited and they just keep going on and on and And we feel, we don't want to feel rude to cut them off. So we just let them talk. 138 00:25:04,270 --> 00:25:16,590 Kevin Mako: Well, it's a great tip to qualify. And it works for both parties. Like you said earlier, you know, you're doing nobody any, nobody any justice if you're wasting their time and vice versa. Everybody's paid a lot of money to be at that show, whether they're an attendee and they 139 00:25:16,590 --> 00:25:31,190 Kevin Mako: had to travel there or whether you've got a booth and you've set up. So generally between folks who have been at the trade shows, even just for a little bit, you get into a general understanding that time is precious. But interaction is also precious. So there's a nice balancing act. 140 00:25:31,350 --> 00:25:45,030 Kevin Mako: And it's one of those things as well. I want to encourage folks, if you're nervous about this, you don't have to be a pro salesperson or any of these things. Just if you stick to some of Jim's tips, qualify, keep it very tight, your messaging, short, quick to the point. 141 00:25:46,030 --> 00:26:00,090 Kevin Mako: And you will learn over the course of the trade show how to be great at this. You will start to learn that the type of people that you attract and the type of people that you don't attract. And it's all okay. It's kind of the trade show is an open invite to this interactive marketplace. That's why everybody's there. 142 00:26:00,510 --> 00:26:12,610 Kevin Mako: So you have to remember, you don't need to be some sort of expert salesperson. You just need to follow Jim's quick tips there. And I would say one of the biggest things as well, if you have qualified something, something you mentioned Jim there is get the contact info. 143 00:26:13,070 --> 00:26:26,130 Jim Cermak: Because whatever happens, maybe they're too busy to talk to you now. Maybe they don't want a demo today. But that doesn't mean they're not interested. That just means they might be in that moment busy. But if you've got their contact info, all of a sudden you've opened up that doorway. 144 00:26:26,730 --> 00:26:37,410 Jim Cermak: And you can reach out to them later and sort. that out and, you know, take as much time as you want and find a time when they do have time, but you definitely don't need to be super nervous about perfecting it or getting enough people 145 00:26:37,410 --> 00:26:49,610 Jim Cermak: into that pitch if you can get that contact info because that contact info of every qualified person, that really is the gold. Or that, let's call it the baseline of the gold, right? Now, the quality of it and all that's a whole other layer, but at least when you have the 146 00:26:49,610 --> 00:27:04,110 Kevin Mako: contact of somebody you think is qualified, everything's uphill from there. Yeah. And remember, you're not qualifying the person. You're qualifying the company. You're qualifying the company they're with. As long as the company is, qualifies, they might could be a good buyer of 147 00:27:04,110 --> 00:27:04,630 Kevin Mako: your product. 148 00:27:05,530 --> 00:27:12,630 Kevin Mako: It doesn't matter if the person in front of you is a, a junior engineer who was never going to buy your product or doesn't have the authority. 149 00:27:13,810 --> 00:27:28,350 Kevin Mako: If he's with a company that you want to sell to, then just say, who would be a great person for me to talk to? And they will tell you, they'll say, oh, you need to talk to Bob Smith. He's our head of purchasing. Or you need to talk to this person. Oh, how can I reach him? Oh, just call the main number. Here it is. So just 150 00:27:28,910 --> 00:27:34,070 Kevin Mako: qualify the company and then find out, is this person who you really need to talk to or is there 151 00:27:34,070 --> 00:27:48,970 Jim Cermak: somebody else? That's a really good point. And keep in mind as well, it's a small world. You'll find this out. When it comes to, if you're in a specific type of hardware, it seems like a massive world out there, but there's only a limited amount of buyers and sellers in that 152 00:27:48,970 --> 00:27:53,710 Jim Cermak: vertical. And especially the people who have been around for a while, you know, it's an everybody 153 00:27:53,710 --> 00:28:06,190 Kevin Mako: knows everybody kind of situation. So even if it's not the right person, and even if it's not the right person of the right company, if they really like what you're doing, they may give you a helping hand and pass you on to somebody that they know you would be a good fit for, especially when 154 00:28:06,190 --> 00:28:20,570 Kevin Mako: you're in that small trade show bubble in that aisle, in that specific section that's for this type of product. And those people are walking it and you're exhibiting there. There's a bit of a camaraderie that happens in the space. Yes, absolutely. And I've seen that happen before. 155 00:28:20,810 --> 00:28:30,210 Kevin Mako: We're talking to somebody and they're like, you know what, we're not a good fit for you. but have you talked to XYZ company? They buy your kind of products all the time. 156 00:28:31,240 --> 00:28:36,160 Kevin Mako: So, yeah, just be, be nice, be cordial, be excited about what you have to do, 157 00:28:37,020 --> 00:28:40,440 Kevin Mako: and qualify, just ask the right questions, ask right questions. 158 00:28:41,480 --> 00:28:55,100 Kevin Mako: That's all great info. And something I found as well, we had a number of clients that have done trade shows, everything up from very simple, you know, pop-up displays to extremely elaborate, I think, of a battery manufacturer that we had, lithium works. 159 00:28:55,260 --> 00:29:02,640 Kevin Mako: just had, we custom design their whole booth and everything from them to look partially like the battery and it's quite intense. But at the end of the day, 160 00:29:03,500 --> 00:29:15,580 Kevin Mako: it's a product that's going to sell. Your product has certain features. And keep in mind that these people, the people who are prospective buyers of your product or partners or whatnot that are walking by, these are sophisticated people. 161 00:29:16,430 --> 00:29:26,990 Jim Cermak: They understand their market inside and out. So if you can show them a new product that they haven't seen before that has value in the marketplace, very quickly they're going to see 162 00:29:26,990 --> 00:29:41,550 Jim Cermak: that. And it doesn't really matter how fancy your booth is or how good your pitch was or whatever else. It's your product at the end of the day, they're interested in buying. And these are buyers for products. So these are the real people that you want to be getting in front of 163 00:29:41,550 --> 00:29:56,110 Jim Cermak: highly, highly tuned experts at this space. You hook them in, as Jim was saying, you show them a little bit of the honey and then hopefully that's going to stick if not now at a later point once you've got that contact information. So again, just your presence being there, if you've planned it right, 164 00:29:56,330 --> 00:30:06,590 Jim Cermak: if you've planned your messaging, if you planned your hook can be very powerful. Let them do the buying. Let them buy themselves into the product just as much. Yes, yes, such great stuff. 165 00:30:07,190 --> 00:30:11,630 Jim Cermak: One other thing I'll throw out there is make sure you're talking benefits over features. 166 00:30:12,850 --> 00:30:24,770 Jim Cermak: Because I know, especially if there's any engineers listening, you get so excited about the tolerances. You get excited about what it can do as far as, I'll give you an example. 167 00:30:25,750 --> 00:30:33,030 Jim Cermak: There was a company we're working with that developed solar panels for vehicle use. So they could be mounted on top of vehicles. 168 00:30:33,190 --> 00:30:46,790 Kevin Mako: It had a great commercial application for those companies that had roadside work crews that they needed to keep their vehicles running all day. but because they needed to have AC running or whatever the cases, maybe they were running power tools. 169 00:30:47,430 --> 00:31:01,410 Kevin Mako: And so they had these great solar panels that were for the top of the vehicles. And all they would put on their materials were the amperage of the panels. 170 00:31:01,410 --> 00:31:16,070 Kevin Mako: And I'm like, what does that mean? What does that mean? Oh, that means we could save $300 a month in fuel. Oh, okay. Well, tell me that. I don't know the difference between 500 mega amps and the 1,000. I don't know what that means. 171 00:31:16,790 --> 00:31:28,490 Kevin Mako: And what's my ROI going to be? So, oh, these things will pay for themselves in 18 months. Oh, wow, that's fantastic. That's a compelling argument. So make sure you're talking benefits versus just features. 172 00:31:29,310 --> 00:31:40,450 Kevin Mako: A couple shows ago, we had Toccara on the show, and she was mentioning that she uses the So That analogy. Every time you give a spec, just actually. 173 00:31:40,470 --> 00:31:50,730 Kevin Mako: yourself the question, so that. And you said, you actually said that those exact two words when you're saying, okay, it has this amperage so that it'll save you $300 a month. And that's how 174 00:31:50,730 --> 00:32:04,590 Kevin Mako: you really trickle down to the benefits from the features. And that is really something that a lot of inventors get caught up on. It's the small details. Because you've been building your product for a year. You've come up this great thing. You've now got it into production. It's all exciting. 175 00:32:04,730 --> 00:32:18,710 Kevin Mako: You're here at the trade show. And you've been so immersed in your product that you're in the details. But keep in mind that that person walking by has never heard it before, doesn't know what it is, doesn't know what it will do. And you have a very short attention span, as you mentioned here. 176 00:32:18,870 --> 00:32:24,070 Kevin Mako: So that's where, again, I love your comment about being concise, getting to the point and 177 00:32:24,070 --> 00:32:37,990 Jim Cermak: talking about the benefits so that you can hook them. And again, you're just trying to hook them so you can get that contact card or if they're open to a quick pitch or whatever else at that time, go for it. But really, it's just getting them in the door. And if you can do that well, 178 00:32:37,990 --> 00:32:52,570 Jim Cermak: you're maximizing the value of your trade show, right? And of course, keep in mind, all the while here, you're learning. Your first trade show is not going to be your best trade show. And it doesn't have to be because it's your first. So this is just a point to learn the trade show, get an 179 00:32:52,570 --> 00:33:05,450 Jim Cermak: understanding for it, get a feel of it. If you make some mistakes, learn from them, no matter what those mistakes are. Maybe you're in the wrong position. Maybe you had the wrong pitch. Maybe there's logistical errors, which can be a bit of a nightmare at trade shows. Learn these things 180 00:33:05,450 --> 00:33:16,650 Kevin Mako: so that when you go to your second one, you're going to be that much better at it, as well as listening to all these prospective customers that are coming by your door to actually improve the product itself. There's so much power to trade shows just beyond the sales. 181 00:33:17,290 --> 00:33:27,650 Kevin Mako: And that's why it's important to plan ahead, but then to execute well. Yes. And listen, Kevin, something that you said just that reminded me, just listen to what people 182 00:33:27,650 --> 00:33:35,150 Jim Cermak: have to say. Listen to what they're telling you about your product, about your, you know, oh, we were looking for this. Oh, ours does that. Oh, I didn't know that. 183 00:33:35,450 --> 00:33:42,850 Jim Cermak: You know, so listen to what they have to say because that's going to help you to tweak your marketing, tweak, tweak your presentation, tweak your messaging, 184 00:33:43,830 --> 00:33:58,750 Jim Cermak: and possibly give you ideas of the next generation of product that you're designing is to really meet the needs of what's out there. Because that's why you design a product, right, to meet a need, an untapped need that's out there. So listen to the people. 185 00:33:58,830 --> 00:34:04,690 Jim Cermak: If they're in your target audience, listen to what they have to say at the show and just continue to improve, continue to get better. 186 00:34:05,680 --> 00:34:17,760 Jim Cermak: I appreciate everything you've said here. It's a great high level on trade shows. It's the first time we've done it on the show here. So I know we've just hit the tip of the iceberg here. Where can, first of all, the podcast, what's the name of the podcast? 187 00:34:18,140 --> 00:34:32,700 Kevin Mako: And of course, as always on the show, I'll put all the links in the show notes below so anyone can just click through. But just let the audience know where they can find those 100 plus episodes on, you know, doing trade shows right. Absolutely. Trade Show University is the podcast. 188 00:34:33,020 --> 00:34:37,000 Jim Cermak: It's available on all the podcast platforms, Apple, Google. Google, Spotify, et cetera, 189 00:34:37,880 --> 00:34:41,460 Jim Cermak: and you could listen to all the episodes on my website, which is 190 00:34:42,320 --> 00:34:57,220 Jim Cermak: tradeshowu.biz. Click on the episodes tab, and they're all right there. And if you're on a laptop, it's not, it doesn't happen on a phone, but if you're on a laptop or desktop, on the episodes page, there's a search bar. And you could type in any topic that you're trying to learn more 191 00:34:57,220 --> 00:35:07,900 Jim Cermak: about, whether that's giveaways. I've had a couple episodes with people from the promo items industry, talking about how to select the right things for you. If it's goal setting, 192 00:35:08,100 --> 00:35:18,080 Jim Cermak: if it's staffing, it's how to incorporate food into your booth. I mean, there's so many different topics that we have. So just go there, type that up, and it'll bring up the 193 00:35:19,340 --> 00:35:33,300 Jim Cermak: interview or the episode that will best meet your need. So that's how you can listen to that. Oh, that's great. And how, if somebody wants to get more serious about trade shows and they want to actually reach out to you to potentially work with them on a one-on-one base, 194 00:35:33,320 --> 00:35:47,940 Jim Cermak: to actually help them win at the trade shows. How do they reach out to you and your company? I appreciate that. I've got a program, which is perfect for startups. It's called Your Show Success Roadmap. It's kind of like a GPS. It's a GPS for your trade shows. 195 00:35:48,600 --> 00:35:50,060 Jim Cermak: And it helps you get set up. 196 00:35:51,200 --> 00:35:53,040 Jim Cermak: Between us, we work together. 197 00:35:53,300 --> 00:36:07,020 Kevin Mako: We do a couple hour of intensive deep dive into your business and what your goals are. Help you pick the right show. Help you set those right goals and get you set. for your show so that you have success at that show. 198 00:36:07,700 --> 00:36:10,080 Jim Cermak: And that is if you go to trade show you. 199 00:36:10,320 --> 00:36:23,120 Kevin Mako: Dotbiz slash roadmap, there's a form on there. It tells you a little bit about the product itself or the service itself. And then at the bottom is a place where you could sign up for a free 20 minute consultation 200 00:36:23,120 --> 00:36:36,920 Kevin Mako: where we could learn, you can learn more in 20 minutes. No obligation, but it'll give you a great, great starting point. And then if you want to dive deeper into it, just for just for listeners of this podcast, 201 00:36:37,040 --> 00:36:51,100 Kevin Mako: I've never done this before, but 20% off, 20% off the roadmap program. And it is that GPS. You know, think about it. If you're going to a new city, what will we do without our GPS without Ways or Apple Maps or whatever we use? How do we get around? 202 00:36:51,600 --> 00:37:04,800 Kevin Mako: Think of your first trade show is that new city. How are you going to get around? You need that GPS. You need that roadmap. And that's what we help you to do. Jim, I really appreciate the offer to our listeners. It's always much appreciated from the guests on our show, and you really didn't need to do that 203 00:37:04,800 --> 00:37:16,600 Kevin Mako: because just your advice and tips and tricks today was fantastic and much appreciated. So thanks again for being on the show, and we look forward to talking again. Awesome. Thanks, Kevin. Appreciate the opportunity. Take care. Bye-bye. 204 00:37:16,820 --> 00:37:31,020 Narrator: Thanks for tuning in to this episode of the Product Startup Podcast, the show that teaches you what it really takes to bring your product to market and turn it into a big success. This podcast series is brought to you by Mako Design. 205 00:37:31,440 --> 00:37:42,020 Narrator: and invent the original and leading firm in North America to provide global caliber in-to-end physical consumer product development to startups, inventors, and small product 206 00:37:42,020 --> 00:37:54,480 Narrator: business clients. If you're looking for product development help on your invention, head over to Mako-design.com. That's m-a-k-o-design.com for a free consultation from one of Mako 207 00:37:54,480 --> 00:38:00,300 Narrator: Design's Ford Design Studios from coast to coast. Thanks for listening and see you next time.