Phase 1 - More knowledge about the market and trade fair
12 to 9 months before the start of the trade fair
Is your offer - product or service - exportable? The answer to this question determines whether your company should participate in a foreign trade fair at all. If you can answer in the affirmative, then ask yourself whether your offer is internationally competitive, whether it has a unique selling point and whether you can tap into niches with it. If you can also answer this question in the affirmative, then this is where your foreign trade fair project begins.
Gather external information
Now gather the crucial information for your project. Use the most up-to-date and reliable sources possible when researching
- Economic regions
- Trade fairs (AUMA trade fair database)
- Industry situation by country, product and trade fair (GTAI)
- Promotion at trade fairs abroad
Define your goals
As an exhibitor at a trade fair abroad, you should know the objectives of your participation or define them if necessary. Here is a selection:
- Improving the company image
- Presenting new products
- Checking competitiveness
- Presenting new product developments
- Reviewing the product/range design
- Maintaining existing contacts
- Establishing new contacts
- Searching for representatives/cooperation partners
- Concluding sales or contracts
Collect internal information
Then decide which offers you want to present at the foreign trade fair. Find out whether your company has the necessary resources to participate in the trade fair: Personnel, infrastructure and budget are the keywords here.
Deciding on trade fair participation - pros and cons
Put your foreign trade fair project on as secure a footing as possible. Use the AUMA Trade Fair Benefit Check (MNC). This free software tool provides you as an exhibitor with effective support in planning: trade fair objectives, desired benefits and budget. And after the trade fair, you can use MNC to create an informative cost-benefit comparison.
All the lights are green and you are taking part in the trade fair abroad? Then the 2nd phase of your project begins now.
