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Trade Show Trends That Impact Convention Sales Professionals BY DANICA TORMOHLEN, contributing editor [email protected] | (816) 803-8103 | Twitter: @DanicaTormohlen

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Presentation on Trade Show Trends by Danica Tormohlen, contributing editor of Trade Show Executive. Presented at the Convention Sales Professionals International (CSPI) Annual Conference on Feb. 27, 2012 in Washington DC.

TRANSCRIPT

Page 1: Cspi Presentation.Trade Show Executive Final

Trade Show TrendsThat Impact Convention Sales Professionals

BY DANICA TORMOHLEN, contributing editor

[email protected] | (816) 803-8103 | Twitter: @DanicaTormohlen

Page 2: Cspi Presentation.Trade Show Executive Final

Section I: Your Industry

Section II: Your Customers

Section III: Your Competition

Trade Show TrendsThat Impact Convention Sales Professionals

Page 3: Cspi Presentation.Trade Show Executive Final

TSE Dashboard:Monthly Trade Show Metrics

Source: Trade Show Executive, February 2012

Page 4: Cspi Presentation.Trade Show Executive Final

Source: Trade Show Executive, February 2012

Page 5: Cspi Presentation.Trade Show Executive Final

TSE Trending & Spending Forecast:

Source: Trade Show Executive, February 2012

Page 6: Cspi Presentation.Trade Show Executive Final

The year-on-year growth of attendees accelerated to 3.7% in Q3 2011

from 1.0% in Q2 2011 followed closely by an increase in exhibitors

of 3.6% in Q3 2011, compared to 0.5% in Q2 2011. The growth of

inflation adjusted revenues also accelerated to 1.4% to total $2.56

billion from a year-on-year decline of 0.1%. The only metric to

report a slight deceleration in growth was net square feet,

which gained 1.9% in Q3 2011, compared to 2.8%

at the mid-year mark.

Source: CEIR, December 2011

Page 7: Cspi Presentation.Trade Show Executive Final

Overall, the exhibition industry

outperformed the economy in

the first three quarters of

2011. U.S. GDP grew 1.5%,

compared with 2.6% growth for

the exhibition industry in the

first three quarters of 2011.

Source: CEIR, December 2011

Page 8: Cspi Presentation.Trade Show Executive Final

Four out of 10 executives indicate they are participating in the same

number of exhibitions today as they did several years ago. Looking out

to the next several years, 85% of executives say the number of

exhibitions will hold to current levels (60%) or will increase (25%).

Source: CEIR, November 2011

Page 9: Cspi Presentation.Trade Show Executive Final

Source: The Economic Significance of Meetings to the U.S. Economy, Convention Industry Council (CIC), 2011

Conventions and trade shows

accounted for nearly half of the

$263 billion in direct spending

on business meetings in the

U.S. during 2009. The trade

show sector alone generated

more than $33.7 billion in

direct spending.

Page 10: Cspi Presentation.Trade Show Executive Final

Section I: Your Industry

Section II: Your Customers

Section III: Your Competition

Trade Show TrendsThat Impact Convention Sales Professionals

Page 11: Cspi Presentation.Trade Show Executive Final

Top 10 Gold 100 ShowsBy Independent Organizer

1. SEMA Show by ConvExx

2. MAGIC - August by Advanstar Communications Inc.

3. MAGIC - February by Advanstar Communications Inc.

4. GIE+EXPO by Sellers Expositions

5. Mid-America Trucking Show by Exhibit Management Associates, Inc.

6. SHOT Show by Reed Exhibitions

7. ASD Las Vegas - August by Nielsen

8. ASD Las Vegas - February by Nielsen

9. World of Concrete by Hanley Wood Exhibitions

10. National Hardware Show and Lawn & Garden World by Reed Exhibitions

Source: Trade Show Executive’s Gold 100 directory, 2011

Page 12: Cspi Presentation.Trade Show Executive Final

Top 10 Gold 100 ShowsManaged by Associations

1. 2010 International CES by Consumer Electronics Association

2. International Manufacturing Technology Show by AMT

3. PACK EXPO International by Packaging Machinery Manufacturers Institute

4. RECon, The Global Retail Real Estate Convention by Int’l Council of Shopping Centers

5. Annual National RV Trade Show by Recreation Vehicle Industry Association

6. NAB Show by National Association of Broadcasters

7. Florida RV SuperShow by Florida RV Trade Association

8. International Home + Housewares Show by International Housewares Association

9. Offshore Technology Conference by Society of Petroleum Engineers

10. International Builders’ Show by National Association of Home Builders

Source: Trade Show Executive’s Gold 100 directory, 2011

Page 13: Cspi Presentation.Trade Show Executive Final

*Represents a tie for fourth placeSource: Trade Show Executive’s Gold 100 directory, 2011

Leading MonthsFor the Gold 100

Month No. of Shows Share of

Market

January 16 16%

February 14 14%

October 13 13%

March* 11 11%

November* 11 11%

Page 14: Cspi Presentation.Trade Show Executive Final

Leading MonthsFor the Fastest 50

Month No. of Shows Share of

Market

August 9 18%

November 8 16%

February 7 14%

October 6 12%

July 5 10%

Source: Trade Show Executive’s Fastest 50 directory, 2011

Page 15: Cspi Presentation.Trade Show Executive Final

Top 10 Fastest 50 ShowsBy Percentage of Growth

Ranking/Show Name/Show Organizer % of Growth

1. MRket (Business Journals Inc.) 147.0%

2. Las Vegas Market – Winter (World Market Center Las Vegas) 123.2%

3. ITEXPO West (Technology Marketing Corporation) 90.0%

4. Moda Las Vegas (Business Journals Inc.) 88.0%

5. Texworld USA – Summer Edition (Messe Frankfurt Inc.) 87.4%

6. Conference for the Advancement of Math Teaching (CAMT) 77.8%

7. ATA Annual Int’l Meeting & Exposition (American Telemedicine Assn.) 68.1%

8. All Baby & Child Educational Conference & Trade Show (Schur Mgmt.) 63.2%

9. ASD: Gift & Toy – March (Nielsen Expositions) 58.5%

10. The NBM Show – Charlotte (National Business Media Inc.) 55.6%

Source: Trade Show Executive’s Fastest 50 directory, 2011

Page 16: Cspi Presentation.Trade Show Executive Final

of show managers were

actively or passively

seeking new venues.

Source: Simmons Market Research Bureau, New York, March 2007

Page 17: Cspi Presentation.Trade Show Executive Final

Outlook for ShowsBy Industry 2011-2013

Industry 2011 2012 2013

Business Services

Consumer Goods/Retail Trade

Discretionary Consumer Services

Education

Food

Financial, Legal & Real Estate

Government

Source: CEIR Predict

Page 18: Cspi Presentation.Trade Show Executive Final

Industry 2011 2012 2013

Building, Construction, Home & Repair

Industrial, Heavy Machinery, & Finished Outputs

Communications & IT

Medical & Healthcare

Raw Materials & Science

Sporting Goods, Travel & Amusement

Transportation

Outlook for ShowsBy Industry 2011-2013

Source: CEIR Predict

Page 19: Cspi Presentation.Trade Show Executive Final

Section I: Your Industry

Section II: Your Customers

Section III: Your Competition

Trade Show TrendsThat Impact Convention Sales Professionals

Page 20: Cspi Presentation.Trade Show Executive Final

Convention centers in

the U.S. and Canada

feature 63.5 million SF

of prime exhibit space

and 17.4 million SF

of meeting space.

Source: Trade Show Executive’s 2011 Directory of the World’s Top Convention Centers

Page 21: Cspi Presentation.Trade Show Executive Final

TSE’s 2011 directory of the World’s Top Convention Centers (WTCC)

ranks 297 convention centers in North America.

12 (or 4%) are in the Millionaires Club (1,000,000+ sf of prime exhibit space)

41 (or 14%) are Mega Facilities (350,000-999,999 sf)

120 (or 40%) are Mid-sized Facilities (100,000-349,999 sf)

124 (or 42%) are Small Centers (Less than 100,000 sf)

4%

14%

42%

40%

Page 22: Cspi Presentation.Trade Show Executive Final

Source: Trade Show Executive’s Gold 100 directory, 2011

Leading Host CitiesFor the Gold 100

City No. of Shows Share of

Market

Las Vegas, NV 25 25%

Orlando, FL 16 16%

Chicago, IL 12 12%

Atlanta, GA 10 10%

New York, NY 7 7%

Page 23: Cspi Presentation.Trade Show Executive Final

*Represents a tie for second place‡Represents a tie for third placeSource: Trade Show Executive’s Directory of the 50 Fastest-Growing Trade Shows of 2010

Leading Host CitiesFor the Fastest 50

City No. of Shows Share of

Market

Las Vegas, NV 12 24%

New York, NY* 5 10%

Orlando, FL* 5 10%

Los Angeles, CA‡ 3 6%

San Antonio, TX‡ 3 6%

Page 24: Cspi Presentation.Trade Show Executive Final

Top Ten U.S. Convention CentersBy Amount of Prime Exhibit Space

Ranking/Facility Prime Exhibit Space

1. McCormick Place (Chicago, IL) 2,600,000 sf

2. Orange County Convention Center (Orlando, FL) 2,100,000 sf

3. Las Vegas Convention Center (Las Vegas, NV) 1,984,755 sf

4. Georgia World Congress Center (Atlanta, GA) 1,400,000 sf

5.* Kentucky Exposition Center (Louisville, KY) 1,100,000 sf

6.* New Orleans Ernest N. Morial Convention Center (New Orleans, LA) 1,100,000 sf

7. Reliant Park (Houston, TX) 1,056,213 sf

8. International Exposition Center (I-X Center) (Cleveland, OH) 1,050,000 sf

9. Sands Expo & Convention Center/ 1,040,600 sf

Venetian Resort Hotel Casino (Las Vegas, NV)

10. Dallas Convention Center (Dallas, TX) 1,018,942 sf

Source: Trade Show Executive’s Directory of the World’s Top Convention Centers, 2011

Page 25: Cspi Presentation.Trade Show Executive Final

Top 20 CitiesIn North America: United States, Canada and Mexico

Ranking/City No. of Events

1. Las Vegas, NV 702

2. Toronto, ON 678

3. Orlando, FL 428

4. Chicago, IL 414

5. New York, NY 370

6. Atlanta, GA 353

7. San Diego, CA 332

8. Mexico City, DF 319

9. Washington, DC 274

10. Boston, MA 271

Source: CEIR Census, 2011

Ranking/City No. of Events

11. Dallas, TX 271

12. Montreal, QC 253

13. Houston, TX 246

14. San Francisco, CA 244

15. San Antonio, TX 226

16. Denver, CO 220

17. New Orleans, LA 214

18. Ottawa, ON 212

19. Vancouver, BC 200

20. Nashville, TN 171