Exhibition, generally, is displaying of
products of a particular category, in an organised way.
It is of various types and is a powerful
tool for marketing. Businesses and individuals participate in exhibitions to
achieve certain objectives. Participants and attendants enjoy various benefits
through exhibitions.
Exhibitions welcome huge crowds that are
highly varied. On the other hand, the firms that get involved in exhibitions
enjoy various opportunities of growing their business.
·
BENEFITS TO THE EXHIBITORS:
·
Introducing New Products or Services- Exhibitions provide a benefit to the exhibitors of presenting the
products and services to large audiences. A great amount of people visit these
exhibitions each day, and so many exhibitors take up the opportunity to
introduce and market new products and services.
·
Gain New Customers- Exhibitions Company in Delhi welcomes a
diversity of audiences.These people, who attend the exhibitions, are unaware of
the products and services that are displayed by the exhibitors. So, the
exhibitors get access to an opportunity of acquiring new customers for their
products and services. It's totally a task for the exhibitors to present themselves
well, so that they can attain a good count of new customers.
·
Strengthening Relations with Customers- In the world that is getting completely digital, exhibitions offer a
platform to the firms for showcasing their products face-to-face to large
crowds, who have no knowledge of the brands and their products. The exhibitors
can make a lot of this benefit and strengthen their relations with the
visitors. The staff should be trained properly to attend the customers well and
make an impact of the brand they are representing.
·
Immediate Feedback-
The exhibitors also have a great advantage of receiving immediate opinions on
their products/services. This is one of the rare opportunities where the firm
can know their products from the eyes of customers and improvise them
accordingly.
·
Convincing Customers- As their is an advantage of dealing face-to-face with the customers, the
presenters gain a huge opportunity of marketing their services their own way.
The exhibitors can fully take advantage and influence the decisions of the
customers, through their marketing skills. The staff, again, should be well
trained to convince the customers’ decision effectively and handle every
situation competently.
·
Understanding the Industry- The exhibitors also get a chance to know the industry more closely. As
the Exhibitions Organizers welcome
all the brands of the industry, the exhibitors gain an advantage of
understanding the existing competition well. The exhibitions allow every
presenter firm to know the other firms and their products properly.
·
Media Attention- Exhibitions
hosts the media at a huge level. The media covers every presenter and their
products on each day of the exhibition. Therefore, exhibiting for every
business is a great way of advertising their products and creating awareness of
the brand considerably.
BENEFITS TO THE VISITORS:
·
First Buyers-
People who visit the exhibitions are the first ones to know about the new
products that each brand displays. This is a benefit for every visitor to
thoroughly know about every product the exhibitors are presenting. This helps
the visitors to attain knowledge of the latest trends that are coming up in the
industry.
·
Awareness-
The visitors/buyers are benefited of getting fully aware about the brands,
their products/services and the quality and prices that are being offered by
them. The information that is presented by exhibitors, about their products, is
fully authentic. This benefits the visitors and makes them aware about the
market conditions and the variety being represented.
·
Opportunity to Compare- As the exhibitions host many firms, there is a large variety of products
under one roof, that are presented by them. The visitors get a great chance to
compare the products and choose the best suitable items for themselves. This is
also a rare opportunity that only exhibitions offer.
·
Quality Products-
Since large audiences turn up in exhibitions, the exhibitors showcase the high
quality products, so that they can earn sufficient reputation and fame in the
market. Therefore, the visitors are very fortunate because they come across the
best products of every firm.
·
Inspiration and ideas- The small business holders can attend the exhibitions and get inspired by
the key business persons and their business. They can attain ideas that may
help them to expand their business. They also get a chance to meet the business
persons directly in the exhibitions without any appointments. It is a great way
for them to expand and grow as a business.
Exhibition is a good place for effective
business communication. Participating in or, attending the exhibitions is both
beneficial. It is a great process of growing for every person, no matter how
they are present in an exhibition. Each person attains a different type of
benefit from it. While some gain profits, the others grab knowledge. The
benefits can easily be achieved if the working is efficient.
But, in the existence of do many benefits,
there are certain disadvantages of exhibiting as well.
These disadvantages are discusses below:
·
Stressful and hectic- There is a lot of working involved in exhibiting. The exhibitors need to
plan a lot of things before and while exhibiting. There is a lot of work and
many things which need to be taken care of. From the venue to the layout and Exhibition Stall Fabricator of the place or stalls, everything needs efficiency and care. Therefore,
exhibiting is very hectic and stressful. It needs a lot of planning and hard
work. This is one of the reasons that businesses resist participating in
exhibitions.
·
No Guarantee of Results- Exhibiting is an expensive process. It involves huge costs and a lot of
planning and organisation. Also, the results of exhibiting may not always be in
favor of the exhibitor. Though, the results mainly depend on the preparation
and the execution. It also, partially,
depends on the event itself. The success of the event is important for the
success of the exhibitor.
Exhibiting does involves risk, but the
benefits are much more than that. There is a lot to gain than to lose. Plus,
the risk can be eliminated if, exhibiting with proper preparation. The
exhibitor, just, should be clear with the aim that he wants to achieve and
should work accordingly.
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