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05 Jul 10 Criteria for Selection of Trade Show

With increasing number of tradeshows held all across the world it has become quite difficult to choose the right one for participation. A random selection of tradeshow could throw you in soup. So before deciding on participating in a trade show analysis of its credentials is very important. There are some more factors one should keep in mind before being part of it. Here are some guiding tips below –

  1. Track the history, years of experience. Also look out for the names of industrial giants behind the show. Do your research thoroughly. Always look out for big organizations, as they easily draw in good resources, marketing and promotions, infrastructure and better people. Check out the names of big sponsors.
  2. Analyze the demographic of people who flocked into the last show. How much was the footfall? Is the number of visitors mentioned true or exaggerated? Does the demography match with your target audience? Find answer to all these queries before marching on towards selection of trade show.
  3. Check out the list of speakers. Also look out for conference. Try to gather information about the speakers.
  4. Check out timing of the trade show and its duration. Don’t waste your time in trade shows which are just emphasizing on conferences. For them booths are time fillers. There will be hardly any promotion. Such events are conference driven, where booths barely draw any attention, located at the exit area of conference hall. As a result people hardly pay attention and see only when they are rushing home or going to the toilet. Such shows are big wastage for marketing.
  5. Also check out the numbers of booth and occupancy rate before a couple of weeks. Is the show in demand among participants? If yes then among whom all? Is it too cluttered or fine? Ideally 5-10% of booths remain empty before 14 days of the event, which fill up in the end moment with sponsors. Don’t go for an empty show.
  6. Don’t get tempted by heavy discount. If you are coming across desperate discounts and incredible offers, follow up calls it’s a matter to investigate in. These show desperation of the event organizer. He may have reasons behind it. You may still find it worth to join.
  7. Look out for testimonials of past participants and numbers of loyal participants. A good number of followers and long associates speak of the event’s credibility, quality and image.

Just keep these tips in mind before selection of trade show.

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04 Jul 10 Art of Selling

Selling may apparently appear to be a convincing and pushy act, but in real term it’s an art. Not everyone can sell things. Donning the cap of salesman might sound easy, but real challenge of salesman lies in selling product to the person who doesn’t need it. Can you sell hair shampoo to a bald man? There lies the challenge of salesmanship. You may not be a born salesman, but you can learn the tricks of selling and transform yourself into a good salesman.

Closing of sale

Closure of sale follows lined up ‘yes’ es. So make sure you grab attention of the prospect right from the beginning, take him or her along the convincing course to the final action point ‘yes’. Sales process also works in this sequence – AIDA (awareness, interest, desire, and action). Show the reason of purchase, benefits of the product. A series of ‘yes’ will ensure the ultimate big ‘yes’.

Price

Don’t give unnecessary discount at time of slow down of economy or otherwise. Heavy discount shows desperate attitude of salesman to close sale. Discount affects consumers’ attitude towards the brand and they consider discounted price to be brands real worth. Offer a discount only when it’s needed and when you can change perception of your customers towards the brand. A skilled salesperson understands need of the customer. Even if you offer discount, don’t make the offer available for long time. If customer asks for discount or complaints about too high price stay alarmed and ready with answers and logic. Holding on price in slowdown economy is required. Maintaining price integrity is slowdown economy is a sure winning strategy.

Knowledge

Knowledge of product, target audience, promotional offer, competitors, product positioning, and price are vital. These should be on finger tip of the sales person.

Power of words

Mastery of words, command on language, persuading words, warm words, convincing words, genuine approach – are integral part of salesmanship. Sound true, wise, and pleasing. Winning trust is very important.

Bring the leader inside you out

Good salesman not only listens, but also talks, convinces and leads. Pro-active, confident salesman inspires customers, instills confidence in them, and helps in arriving final decision. Leadership quality helps in developing long term business relations.

Just follow these few tips and turn into a better salesman.

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25 Jun 10 3 Attributes of a good Domain Name

Domain names are like brand names and a good domain name is as important for the success of a website as is the brand name for the success of a brand. A bad domain name is not just a bad $10 investment, but it is a million dollar lost opportunity, depending upon the business you are building. You should, therefore, be careful of buying and developing any domain name, and for that you should read this post through.

Short, sweet and simple

Google or Altavista, Gmail or Zapakmail, Facebook or friendsconnect; can you see the pattern? The names before or are short, sweet, and simple. They can easily be remembered and talked about, provided the websites using the names give exceptional service. If your service is exceptional, your domain name should also be exceptional.

Unique and fresh

The domain names you are considering should not look like a carbon copy of the names already in use. It should be striking and unique. Do not make your domain name sound like any other domain name, no matter how much you like the other website do not copy the name. Your name should also not sound stale. It should be fresh like twitter, flickr, etc. Your domain name should be different, unlike any other name

Easy to remember and easy to pronounce

The domain name should be easy to memorize and easy to pronounce. A name that is easy to remember and easy to pronounce is easy to share, and the name that gets shared among friends over phone or in face-to-face meeting fetches more traffic.

You should keep these points in mind while selecting a domain name for your website because at times a good domain name could be the difference between a success and failure on the Internet.

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