1 00:00:02,460 --> 00:00:06,090 Ian Altman: Welcome to the Same Side Selling podcast. I am your 2 00:00:06,090 --> 00:00:14,040 host, Ian Altman. One of the common questions I get asked, 3 00:00:14,160 --> 00:00:18,090 right about this time of the year, almost every year is, what 4 00:00:18,090 --> 00:00:21,750 do we do when it comes to trade shows, we invest money, we show 5 00:00:21,750 --> 00:00:24,150 up at these trade shows, but we don't always get the best 6 00:00:24,150 --> 00:00:26,700 results out of them. And invariably, what happens is we 7 00:00:26,700 --> 00:00:30,000 get a few people come to us and say, Wow, I'm really interested 8 00:00:30,000 --> 00:00:32,910 in what you do. They captivate our time, we spend a lot of 9 00:00:32,910 --> 00:00:36,900 quality time with them, we may miss other opportunities. So 10 00:00:36,930 --> 00:00:40,590 what are some strategies that you can employ in trade shows to 11 00:00:40,590 --> 00:00:43,890 make sure you get the best results? For starters, what we 12 00:00:43,890 --> 00:00:47,100 want to do is want to make sure we're focused on specific 13 00:00:47,100 --> 00:00:50,580 objectives and goals. If there are attendees who we know we 14 00:00:50,580 --> 00:00:53,940 want to connect with, before the event even happens, we want to 15 00:00:53,940 --> 00:00:56,460 meet with while we're there, we want to reach out to those 16 00:00:56,460 --> 00:00:59,040 people in advance. Now, we can't just say, Hey, I'm going to be 17 00:00:59,040 --> 00:01:02,220 the show, I want to show you our stuff, because then we sound 18 00:01:02,220 --> 00:01:05,400 like someone who's just a stereotypical salesperson. And 19 00:01:05,400 --> 00:01:09,600 when that happens, what happens is that prospect thinks, oh, I 20 00:01:09,600 --> 00:01:11,640 don't need to spend time with them just so they can try and 21 00:01:11,640 --> 00:01:14,940 sell me something. So your first outreach should be something 22 00:01:14,940 --> 00:01:17,940 along the lines of here's some trends that we've been seeing 23 00:01:17,940 --> 00:01:21,870 lately in our industry. And I'd love to talk to you about those 24 00:01:21,870 --> 00:01:24,570 and see if you're facing those, you might be facing different 25 00:01:24,570 --> 00:01:27,150 ones, something along those lines, you get someone to say, 26 00:01:27,150 --> 00:01:30,060 wow, they have their finger on the pulse of trends in our 27 00:01:30,060 --> 00:01:33,930 industry, they might be helpful, then at that point, once you 28 00:01:33,930 --> 00:01:37,590 engage in that level of conversation, it's a matter of 29 00:01:37,620 --> 00:01:39,720 look, let's connect here and I want to learn more about what it 30 00:01:39,720 --> 00:01:42,060 is you're doing. I don't even know if we have anything that 31 00:01:42,060 --> 00:01:45,120 would be helpful for you. But we work with a lot of people in 32 00:01:45,120 --> 00:01:48,810 this industry. And I'm happy to talk about different trends, 33 00:01:48,810 --> 00:01:51,570 different initiatives that we're seeing, to see if those line up 34 00:01:51,570 --> 00:01:54,720 with yours. We might not do anything together for years, 35 00:01:54,810 --> 00:01:58,200 which has the added benefit of being true because you may in 36 00:01:58,200 --> 00:02:01,110 fact, not do anything with them for years, because at this 37 00:02:01,110 --> 00:02:04,590 point, you don't know enough about their situation, to know 38 00:02:04,590 --> 00:02:08,580 if you can help. Now, what about at the tradeshow? Well, for a 39 00:02:08,580 --> 00:02:11,370 lot of organizations, the goal is how do I capture as many 40 00:02:11,370 --> 00:02:14,700 business cards as many contacts as possible. And I don't think 41 00:02:14,700 --> 00:02:18,480 that's a great strategy. Because if people are not a good fit for 42 00:02:18,480 --> 00:02:21,720 what you do, then you're just collecting names of people who 43 00:02:21,960 --> 00:02:24,690 you're going to be breeding with information that isn't relevant 44 00:02:24,690 --> 00:02:28,650 to them. If you want to get top results for your team, take a 45 00:02:28,650 --> 00:02:32,190 look at the Same Side Selling Academy. Just visit same side 46 00:02:32,190 --> 00:02:36,480 selling.com to learn more. So when someone comes up to your 47 00:02:36,480 --> 00:02:39,270 booth, there's a couple things you want to do first, in terms 48 00:02:39,270 --> 00:02:42,540 of booth design, you want to focus your design and messaging 49 00:02:42,570 --> 00:02:45,570 around the problems that you solve, instead of describing 50 00:02:45,570 --> 00:02:48,870 what it is that you do. research I've done across over 10,000 51 00:02:48,870 --> 00:02:51,990 executives says that the first thing people care about is what 52 00:02:51,990 --> 00:02:55,740 problem might you be solving for them? Why is that problem worth 53 00:02:55,740 --> 00:02:58,950 solving, and then what's the likely outcome or result if they 54 00:02:58,950 --> 00:03:03,060 actually implemented whatever it is you're offering. So describe 55 00:03:03,060 --> 00:03:06,270 the kinds of problems that you solve. And ideally, you want to 56 00:03:06,270 --> 00:03:09,750 pick the top two or three things most likely to resonate with the 57 00:03:09,750 --> 00:03:13,050 attendees at that event. And here's a little trick, if you're 58 00:03:13,050 --> 00:03:15,330 showing up at an event, and you don't know the three biggest 59 00:03:15,330 --> 00:03:18,510 problems that you're solving for people, you probably should not 60 00:03:18,510 --> 00:03:20,910 be going to that event. In fact, you want to make sure you're 61 00:03:20,910 --> 00:03:23,550 showing up in a place where most of the people there are a 62 00:03:23,550 --> 00:03:26,730 significant portion of them have the kind of problems you're good 63 00:03:26,730 --> 00:03:28,740 at solving, or at least you know, that's where those people 64 00:03:28,740 --> 00:03:31,830 go to hang out. What that allows you to do is if your messaging 65 00:03:31,830 --> 00:03:35,640 on your on your booth is centered around, what kind of 66 00:03:35,640 --> 00:03:38,250 problems? Are you good at solving them? When someone comes 67 00:03:38,250 --> 00:03:40,680 up to your booth? The first question you can ask is, oh, 68 00:03:40,680 --> 00:03:43,770 what inspired you to stop by today? And usually, they will 69 00:03:43,770 --> 00:03:48,420 say, Oh, that second bullet on that backdrop, really caught my 70 00:03:48,420 --> 00:03:51,150 attention, you just say really why that one. And now we're 71 00:03:51,150 --> 00:03:54,240 talking about what they're looking for, not what it is that 72 00:03:54,240 --> 00:03:57,960 you're selling. As soon as you start showing a demo, showing 73 00:03:57,960 --> 00:04:00,000 some sort of capabilities, you look and act like a 74 00:04:00,000 --> 00:04:03,150 stereotypical salesperson. And think about what happens when 75 00:04:03,150 --> 00:04:06,210 you walk into a store. And the salesperson says May I help you? 76 00:04:06,480 --> 00:04:09,810 You probably like the rest of us say no thanks. Just looking 77 00:04:09,840 --> 00:04:13,050 because we've been trained to believe that we don't want to be 78 00:04:13,050 --> 00:04:15,900 sold to we don't want someone else trying to sell us 79 00:04:15,900 --> 00:04:20,310 something. And so it gets that knee jerk reaction that says, 80 00:04:20,520 --> 00:04:23,730 Look, get away from me, which is a totally reasonable reaction I 81 00:04:23,730 --> 00:04:26,640 have. So instead, we want to make sure that we're focusing on 82 00:04:26,640 --> 00:04:30,120 their issues. Now, some people will say, wow, this person is 83 00:04:30,120 --> 00:04:32,910 really interested. I'm going to focus my time on them. But I 84 00:04:32,910 --> 00:04:36,060 often ask is, so you spent a half hour with that person, 85 00:04:36,060 --> 00:04:39,330 right? Oh, yeah, they were really interested. Okay. How was 86 00:04:39,330 --> 00:04:42,030 their level of interest? And how good of a fit are they compared 87 00:04:42,030 --> 00:04:46,140 to the three people who were behind them? Who lost patience, 88 00:04:46,140 --> 00:04:49,140 lost interest, and went on to the next booth? And the answer 89 00:04:49,140 --> 00:04:52,530 is we have no idea because we didn't talk to those other 90 00:04:52,530 --> 00:04:57,240 people. So the idea is to have a specific game plan at a trade 91 00:04:57,240 --> 00:05:00,630 show that says look, my goal is kind of a kid Catch and release 92 00:05:00,630 --> 00:05:04,050 program like fishing, I want to attract the interest of my ideal 93 00:05:04,050 --> 00:05:06,690 client, I want to find out what's important to them. And is 94 00:05:06,690 --> 00:05:10,110 it important for them to try and solve. And then once I gauge 95 00:05:10,110 --> 00:05:14,100 that interest, I either want to set up a specific time, when 96 00:05:14,100 --> 00:05:17,370 it's not the typical show hours to meet with them and in depth, 97 00:05:17,640 --> 00:05:20,430 or I want to schedule the time I take out my phone or something 98 00:05:20,430 --> 00:05:24,000 like that and say, Hey, why don't we schedule a time for the 99 00:05:24,000 --> 00:05:27,660 second day after you return from this event. And we can talk 100 00:05:27,660 --> 00:05:30,390 about in greater detail to see whether or not we can help. I 101 00:05:30,390 --> 00:05:33,090 don't want to monopolize your time, I'm sure you want to see a 102 00:05:33,090 --> 00:05:35,880 lot of other people here. And I'd be happy to talk to you next 103 00:05:35,880 --> 00:05:38,520 week to see whether or not we might be able to help. What that 104 00:05:38,520 --> 00:05:41,310 does is it allows you to pique their interest and you don't 105 00:05:41,310 --> 00:05:44,880 seem desperate. Instead, what people do is they spend all this 106 00:05:44,880 --> 00:05:47,820 time with that individual and they they totally overlook the 107 00:05:47,820 --> 00:05:51,930 people behind them who might be even a better fit. The idea is 108 00:05:51,930 --> 00:05:56,250 to come out of the show, saying, here are the subset of people 109 00:05:56,370 --> 00:05:59,310 who had a genuine interest who impressed upon us that that 110 00:05:59,310 --> 00:06:02,430 problem was costing them enough to make it worth finding a 111 00:06:02,430 --> 00:06:05,520 solution. And we've already scheduled a time next week for 112 00:06:05,520 --> 00:06:08,460 us to follow up with them and find out whether or not we can 113 00:06:08,460 --> 00:06:12,510 help. See, the idea is that we want to come away with a list of 114 00:06:12,510 --> 00:06:15,930 people who have interest in what we do. And we're still not quite 115 00:06:15,930 --> 00:06:20,430 sure where the fit is, rather than have 1/10 A number of 116 00:06:20,430 --> 00:06:23,100 people who we think are interested, but we may have 117 00:06:23,100 --> 00:06:26,910 missed some of the better opportunities. So as you're 118 00:06:26,910 --> 00:06:30,750 looking at trade shows, just to recap where we're at. First, 119 00:06:30,750 --> 00:06:33,750 make sure that your messaging on the trade show is focused on the 120 00:06:33,750 --> 00:06:36,180 problems that you solve, not what it is that you're selling. 121 00:06:36,390 --> 00:06:40,110 Then, if there are people who you know, are attending the show 122 00:06:40,110 --> 00:06:43,320 you want to meet with, reach out to them in advance, talk about 123 00:06:43,320 --> 00:06:45,810 the trends you're seeing in the industry, not just you want to 124 00:06:45,810 --> 00:06:49,200 show them a demo. In fact, we want to avoid demos in these 125 00:06:49,200 --> 00:06:52,080 trade shows wherever possible, because once you're doing that 126 00:06:52,080 --> 00:06:55,140 you look and act like a stereotypical salesperson. Once 127 00:06:55,140 --> 00:06:57,630 they come to the booth, we ask questions like What inspired you 128 00:06:57,630 --> 00:07:00,480 to stop by today? And they'll usually talk down about 129 00:07:00,480 --> 00:07:03,360 something they saw. That's a problem. You say? Why that one, 130 00:07:03,360 --> 00:07:06,330 now they're talking about their problem, then we want to gauge 131 00:07:06,330 --> 00:07:09,480 how important that problem is for them and set up a follow up 132 00:07:09,480 --> 00:07:13,110 time to take a deeper dive. If you follow that approach, you'll 133 00:07:13,110 --> 00:07:16,080 get a much higher conversion rate than you might otherwise 134 00:07:16,260 --> 00:07:18,240 and you're not going to come across like that pushy 135 00:07:18,240 --> 00:07:21,360 salesperson. If there are topics you'd like me to address, just 136 00:07:21,360 --> 00:07:25,350 drop me a note to Ian at Ian altman.com Of course visit same 137 00:07:25,350 --> 00:07:30,120 side selling.com And I will see you next time on the Same Side 138 00:07:30,120 --> 00:07:31,740 Selling podcast so long