Monday, August 25, 2008
Europa Moves to Dresden in 2009
Thursday, August 21, 2008
First Time Attendees
First timers are important because they represent new influences in the buying decisions of traditional SEMICON products and services, and new markets for SEMICON exhibitors. Buying influences in the semiconductor industry are constantly changing because of reorganizations, new engineering staff, and the increase in ‘ad hoc” or temporary buying teams that are assembled to equip a new line or address a specific issue. In its 30+ years, SEMICON has established itself as key milestone in the semiconductor buying cycle in North America and the world. Sustaining that role requires everyone in the buying and specifying process to learn how the event can help with new vendor sourcing, current vendor evaluations and new product investigations.
Another source of new buying influences are fabless companies, packaging and test houses, and system level OEM (HP, Apple, etc.) that increasingly have an impact on equipment and materials buying. This is particularly important with new packaging technologies such as copper wire bonding and TSV, as well as new materials, test, MEMs, inspection and other categories.
In addition to new buying and specifying influences within existing customers, first time attendees also consist of buyers from new and emerging markets. Clearly, PV was a big attraction at this year’s event, attracting thousands of buyer/specifiers from crystalline and thin film based PV cell manufacturers. Other new markets very prevalent at the West was solid state lighting, MEMs companies, fuel cell makers, and bio-chip makers (I’m guessing on that last one).
For SEMI, the challenge is to reach these first time attendees and get them to the show. These folks aren’t usually on our databases and often don’t appear in our extensive 3rd party lists. We have great partnerships and promotional awareness (advertising, email and editorial) through all the major industry magazines, but we spend a lot of time and effort on 3rd tier or fringe publications just to reach these first time attendees. Our awareness among core audiences is nearly 100%, but diminishes as we reach new titles (such as design engineer, software engineer), new markets such as SSL, and up the food chain to system level engineers in consumer electronics, automotive, health and other markets. We need to work and spend more to reach these new titles, job functions and markets and we do.
A critical component in finding and attracting these first time attendees is our exhibitors. They are the ones who are typically first aware of changes in personnel and in the best position to extend an invite. Its another reason why pre-show promotion by exhibitors is so important.
Friday, August 08, 2008
Inquiry Distribution at Trade Shows
Following SEMICON West, I am reminded of one the truths about trade show exhibiting that exhibitors don’t often realize. This truth is especially important in trade shows like SEMICONs-- where the square footage is large, the products are complex and specialized, and the customers are busy. The truth is:
The number of inquiries you generate has little to do with where you’re located on the show floor. Inquiries are primarily a result of your product category, your pre-show promotion, and the booth execution.
This isn’t a theory.
I was recently given a report that illustrated the number of inquiries generated by every booth of the SEMICON West inquiry system. The report showed that inquiries are randomly distributed across each hall. There is no correlation for inquiries from the back of the hall or the front of the hall. There is no correlation for inquiries for cross aisle and corner booths and inline locations. Inquiries are not correlated between islands, inlines and peninsula configurations.
It’s not even evident that inquiries are correlated with the size of booth!
The data from SEMICON West has shown for the past three years that inquiries are a result of good exhibit marketing. Inquiries are primarily correlated with:
• Conducting pre-show direct mail and email with exciting and compelling reasons to visit a booth (see a demo, learn more about new product, enter a sweepstakes)
• Companies that use SMARTBOOTH in combination with attractive directory descriptions that reach visitors with rational and thoughtful reasons to visit
• Companies that have hot new products or technologies (new, new, new is what visitors want)
• Booths that have open, inviting floor plans and/or demos
• Booth that with an exhibit staff that is trained and managed to capture inquiries