Beyond Events – The Value of Leads

Exhibitions present opportunities for businesses to sell their products, get in the faces of prospective buyers/clients, and network with other competitors. The benefits of getting your business showcased at an exhibition cannot be overstated.

Rather than focus on only making physical sales, attention should also be given to getting leads for the future. In fact, the number of leads that are gained at an event or exhibition should be seen as a metric to measure the success of that outing. While immediate sales might boost business at that moment and possibly morale, it is these leads that will enable the business grow in the future. Therefore, this part of the exhibition should not be taken lightly.

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Getting The Leads

People present at an exhibition are either business owners like you, or are (prospective) clients and customers. Identify the latter, that’s the group you are looking for. Most likely, the exhibition has a theme and so you do not really have to worry about trying to identify a particular set of prospective clients. For instance, if you’re part of an exhibition for Education, it is safe to say that most person’s that will be available there will be education-based to some extent, and your product should be relevant to most.

Attracting these leads is another thing. I’d like to break it down into two ways:

Direct marketing involves you walking up to prospective clients to begin a conversation. Advance preparation is required here to know exactly what to say and how to act. Note that it might not be necessary to put forth a business proposal at this stage, the main aim is to establish a relationship such that they are comfortable with you enough to engage in further conversation even after the event.

Dress the part, first impressions matter. Visual marketing requires that you set up an attractive booth that would draw people over. Some have found that using colourful banners, catchy copies and catchphrases, and side attractions draw the attention of the public.

Exhibit At TOSSE 2021

Remember the aim of the effort you’re putting in: to generate leads. Therefore, you would need to be able to get the contact information of these ones you meet. Have a viable system of doing this that would not be awkward or make them reconsider. Now you’ve got these leads, what next?

Following Up On Leads

This is the part that should eventually yield results: sales. This is also the tricky part. There are a few tips that can make this process go smoothly:

  1. Separate your leads. Not all contacts you make will require the same level of correspondence. Some might require immediate and constant communication while others might not need so much. Identify these early and strike as necessary so that you don’t get tagged as too pushy or too nonchalant.
  2. Get in contact early. You do not need to wait for too long to get in contact with these leads. It doesn’t have to be an elaborate call, as little as a “thank you” email or text message can do the trick. This will help impress you and your business in their minds.
  3. Personalise your correspondence. Include personal names of the recipients in emails and text messages. Don’t just push out these messages in bulk, it will sound faux and wouldn’t help boost your stock. For direct phone calls, sound friendly on the phone, and engage in conversation rather than giving mechanical responses read off a handbook.
  4. Be consistent. Sales are usually not made at the first contact. This is where consistency comes in. Make sure to always be in contact if you see the prospects of closing a sale on a lead, whether it immediate or not. Persistence would not mean “spamming” these leads as that would be counterproductive. Create a pattern that works.
  5. Know when to abandon a lost cause. Not all leads will become customers/clients. Identify this on time and save yourself a world of stress. To determine this, check for their ability to make a purchase, their motivation, and their level of influence if they stand as a representative for a business. If you determine that they would not be able to patronise you at the time, you’d be better served striking your blows elsewhere. This doesn’t mean you discard their contacts altogether however. Add it to your database of contacts, they might be customers for another product of yours.

Chasing and closing leads might be tedious, but it is usually worth the effort

 

Related Post

4 Core Principles of Customer Relation That Fuel Business Growth

Customer relation is a way business relates to its customers, clients and patrons. Some organizations hire people specifically to manage how the company interacts and communicates with people. The goal is to retain existing customers and to gain new ones by providing the best customer relation and client services.

Companies in all industries and all of sizes understand that customers are perhaps their most valuable asset. Improving the overall customer experience is vital for continued success and survival, and always has to be.

There are some core principles to relationship management that any company can and should follow:

Communication: Listening is just as important as telling. Think about how often you actually speak with your customers. Focus on less financial-driven communication (whether it’s e-mail, phone call or face-to-face interaction) if you make your customers feel involved, they feel as though they actually have a stake in your company, and feel like you care more than just trying to make sales.

Rewards: Every company should initiate and make provision for reward programs. It is a very simple form of saying “Thank you” and particularly it is a viable and measurable marketing tool that big companies and small businesses can use to retain their customers and grow their business.

Be flexible: Be quick and attentive to customer’s complaints: The objective of customer relation is typically to interact with the customers in order to answer questions, resolve support issues, establish credibility and nurture relationships.

Here are strategies that Improve Customers Relations and building customer’s loyalty, from simply opening up communications channels to implementing elaborate point systems that reward loyalty enhanced customer communications;

  • Providing customer feedback forms
  • Asking about customer needs in general when customer calls with problems
  • Training call-center staff to handle disputes
  • Encouraging a service culture throughout the organization.
Mouka logo

How Mouka has been impacting the Nigerian education sector

With studies revealing that longer sleep duration, better sleep quality and greater sleep consistency improves academic performance, sleep products have become a necessity for students after their daily activities.

Mouka Limited, a beacon in the sleep products industry have been taking giant strides to ensure that parents and students all across Nigeria are getting all as much educational support as possible.

Another research also shows that students who sleep well are more ‘likely to develop innovative ways of solving complex issues mathematically than those with sleep deprivation’.

Based on these research works and many more, which have made the Nigeria Society of Physiotherapy encourage students to prioritize quality sleep, Mouka has continued to manufacture products to aid this cause.

Furthermore, as part of the company’s 5th CSR pillar called “Skills For Life”, Mouka birthed the Award for excellence initiative in 2020 to recognise and promote academic excellence while advocating the role of quality sleep in the equation.

To this end, Mouka recognised and rewarded the best graduating students from all faculties of the Nile University of Nigeria, Abuja, with cash grants at the school’s convocation ceremony held recently.

Earlier this year also, Mouka rewarded its Business Partners with over N111,000,000 worth of scholarships, high-end laptops and educational materials for their children. In addition, 15 junior staff of Mouka went home with scholarships to the tune of N5,000,000 as an act of goodwill from the company.

Mouka has not relented in its bid to promote academic excellence while advocating the role of quality sleep, as they have now partnered with the organizers of the Total School Support Seminar/Exhibition (TOSSE) which is Africa’s biggest education show to continue to support the education community in Nigeria.

Mouka Limited is one organization whose impact has been felt even outside its own industry, into the education sector.

TOSSE Covid-19 restriction flyer

TOSSE to operate at maximum capacity as FG lifts Covid-19 restrictions

In March of 2021, we called for a meeting to debate if TOSSE 2021 event should hold or not. There was a mixed feeling across the roundtable, some people expressed their fears of the federal government restrictions on numbers, while some others were optimistic and put in their vote to go on.

We had the Lagos State Safety Commission (LSC) with its Safety Marshals in charge of permit and monitoring attendees’ control to contend with, we worried about the COVID-19 scare and we also had limited time to convince stakeholders that we had put in place adequate measure to keep everyone safe and secured.

TOSSE 2021 was not just a successful event, it was an edition that reaffirmed our belief that anything is possible with the right team and the right plan.

On the 6th of April 2022, the Federal government of Nigeria lifted the restrictions on the limited numbers of persons at gatherings and the nation-wide midnight curfew imposed in 2019.

The removal of restrictions was decided in view of the declining number of cases; the reduced risk of importation of new variants, as well as the availability of vaccines. Other parts of the world are also beginning to open up to businesses, international travellers, events and tourists.

TOSSE 2022 is now open to welcome attendees from the 36 states of the federation and visitors from around the world to partake in the 20+ seminars for school owners, administrators, teachers and stakeholders in the education sector.

There will be an impressive display of innovative products/services that can positively change the way schools businesses are managed and how knowledge is delivered.

TOSSE also presents an opportunity to international and local producers/suppliers of Educational resources or solutions to meet key stakeholders in the sector for a profitable business transaction.

TOSSE offers a 5% early bird discount for exhibitors that come in before the end of April.

For more updates on TOSSE: Follow us on our social media pages below:

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