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.

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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

 

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Top Technological Innovations for Business Transformation

Innovation and Technology are key parts of business today. In fact, they both work hand in hand. Here are some technological innovations that made waves in recent times:

Artificial Intelligence (AI)

A lot has been said about Artificial intelligence and its impact on businesses. It has significantly affected and improved the way customers interact with businesses via intelligent websites and chatbots. According to Forbes, 80% of enterprises are now investing or planning to expand in AI platforms.

 

“The largest impacts across all industries—from retail to healthcare, hospitality to finance—are felt when AI improves data security, decision-making, employee output, trainings, speed and accuracy,”

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Maddy Martin, community vice chair and head of growth and education for Smith.AI, said. “With more capable staff, better-qualified sales leads, more efficient issue resolution, and systems that feed actual data back in for future process and product improvements, companies employing AI technologies can use resources with far greater efficiency. Best of all, as investment and competition increase in the AI realm, costs are reduced.”

Ultra-Fast Internet

There is an insatiable appetite for super-fast internet by most individual users of it. This need is even greater for businesses, either big or small. This helps improve business efficiency and provide reliable communication tools for companies that rely on remote workers. To satisfy this need, there has been the invention of 5G, which is exponentially faster than 4G. The effects of this technology, though, are up for debate with some quarters labelling it as dangerous.

Virtual Reality (VR)

While Virtual Reality might be seen as an innovation solely beneficial for gaming and entertainment, it has recently more widespread applications in businesses. According to Flatworld Solutions in an article on “Virtual Reality and Its Impact on Business”, the following are impacts of VR on business:

  • An all-new level of product prototyping
  • Reduced business travel & efficient business meetings
  • E-commerce advertising will see a new side
  • VR can provide competitive advantage to businesses
  • Interviewing candidates will be easier
  • The future of retail will be very different
  • Virtual conferences and meetings will be popular
  • VR will be an important tool in training
  • Affordable virtual designing of structures to visualize the project better
  • Offering virtual tours will be possible

Blockchain

A blockchain is, in the simplest of terms, a time-stamped series of immutable records of data that is managed by a cluster of computers not owned by any single entity. Each of these blocks of data (i.e. block) is secured and bound to each other using cryptographic principles (i.e. chain). Originally devised for the digital currency (Bitcoin), the tech community has now found other uses for the technology. Blockchain technology can be used to create a permanent, public, transparent ledger system for compiling data on sales, tracking digital use and payments to content creators, such as wireless users or musicians. It has also found application in financial services and video games.

Internet of Things (IoT)

The Internet of Things, which is commonly called IoT, refers to the billions of devices around the world that are connected to the internet through sensors or Wi-Fi. It’s basically a giant network of objects that connect to the internet. Each device collects data, and this data, known collectively as big data, is exchanged and analyzed. IoT-connected smart devices can be an everyday item such as a phone, car, watch, washing machine, or refrigerator. IoT devices can also be components of machines and systems, such as on an oil rig or airplane engine.

A Forbes article explained the massive benefits of this innovation on businesses, and quite a number of businesses have jumped on board this fast-moving train.

 

 

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Edumark Unveils Exciting Plans for TOSSE 2020

Edumark, popularly known as the “education company”, has made known its plans for the 12th edition of TOSSE (Total School Support Seminar/Exhibition). The educational exhibition has been a haven for educational bodies, institutions, educational influencers, teachers as well as students to connect, share ideas, and learn from each other new innovative strategies and techniques that can bolster educational productivity in their schools.

The announcement was made by Mr. Ibrahim Oguntoyinbo who emphasized that TOSSE has been the go-to event for school owners, businesses and influencers in the educational sector to converse, share and sell ideas that would improve the quality of education in Nigeria as well as enlighten and train the teaching workforce about the dynamism of education and why they need to be abreast of new educational changes and how to adapt to it.

He stated that the TOSSE 2020 theme which is Think, Innovate, Impact is targeted at revamping the educational sector to promote explosive creativity and innovation at all educational levels, seeing that innovation is the spark that lends credence to productive learning. Having achieved so much in previous years through quality Teachers Training Seminars and effective branding and marketing for productivity in school business, TOSSE is set to hit for higher milestones through its insightful seminars and discussions, some of which Mr. Ibrahim Oguntoyinbo highlighted being:

  • Leading for Progress, Profit and Purpose
  • 10 Principles for Principals
  • Becoming a Winning Leader in a Difficult School
  • Beyond Academics: Teaching for Social Progress.

Edumark’s TOSSE has, in previous years, raked in over 7000 guests and is set to witness an explosive attendance of 10,000 guests and above from every part of the world. The event also promises an array of insightful activities and experiences where educators and guests can meet, chat and do business with over 120 companies from diverse countries. Educators and students can also brush up their skills and learn through several Masterclass sessions, free seminars, and IT classes.

TOSSE 2020 promises the very best of educational exhibitions, as several well-respected companies would be present at the event. Some of these are:

DLA Toys

DLA Toys offers parents, schools and the general public the opportunity to create the dream playground for their kids, in a secured and safe environment as well as various types of playground equipment, toys, modern, classroom, and decorations and facilities.   
Evans Publishers

Evans Brothers Nigeria Publishers Limited has continued to thrive in the development of high quality educational and curriculum-based books, as well as leisure books, all of which would be readily available for school owners to browse through to update their school’s catalogue of books.

Zeco Schoolwears

Zeco Schoolwears is one of the leading clothing companies focused on providing top quality school uniforms, school accessories for top schools all over the world. Zeco School wears have also featured consistently in previous TOSSE events, providing school owners with top quality school accessories.

Several other companies such as Nocett Academic Services, Safe School and Nexcel Group would be in attendance at the event with an aim to providing quality educational services and offers to educational institutions present at the event.

The event which is set to run for a week, starting from June 1st to 5th, would be held at Ten Degrees Events Centre, Billingsway, Oregun, Lagos, and would be the first of its kind as it would be a week-long experience to learn, meet international educators like Prof. Kirsti Lonka (Author of Phenomenal Learning from Finland) who would be lecturing on leadership for teachers. The TOSSE Event 2020 is where teachers, educators as well as education-focused businesses should be to learn, do business and improve the educational sector of Nigeria.

For Inquiries and Registration, contact the TOSSE team via the following channels:

Website: www.tosse.com.ng or www.edumarkng.com

Email: info.tosse2017@gmail.com,  info@tosse.com.ng

Phone Numbers: 0708 480 8659 and 0701 120 2454.

Seminar ticket can be obtained at Eventbrite