How to Draw a Crowd

Drawing attendees to events remains producers' runaway biggest challenge, as Sam Lippman's latest ECEF Pulse proves.

Six in 10 producers name attendance acquisition their Number 1 challenge, according to the study, while numerical event attendance has declined three straight years in a row.

That's a pity, because drawing a crowd ain't rocket science. The formula goes as follows:

Step 1. Build an evergreen e-list by promoting your event year-round. Use e-mail marketing and social media. Smother prospects with great content. Supplement those tactics with retargeting. And rent prospect lists, to be sure you're covering the universe.

Step 2. Mobilize your speakers, sponsors and exhibitors to help spread the word. Tap influencers to do the same. Make it easy for them to help you. If some resist, move on: there are more than enough enlightened ones out there to make a king-size dent in your universe.

Step 3. Telemarket VIPs. They merit a special touch. And roll out at the same time some targeted direct mail―attendee marketing's Old Faithful.

Step 4. Hire a decent agency. Attendance acquisition isn't a DYI project. If you want a recommendation, I have one.

Coach

Coaches who love coaching teach players to love learning.

— The Coach Diary

Can you run a successful business from the sidelines?

Absolutely.

That’s the message of Lessons of an Entrepreneur: How to Grow, Take Risks and Survive, the new book by The Expo Group’s chairman and CEO, Ray Pekowski.

Pekowski's 113-page book is full of personal stories and anecdotes, which makes it breezy and entertaining.

At its heart are teachings only a coach could concoct:

• Innovative customer service, not growth, should be your business's goal.
  



• A servant's mentality in a CEO goes hand in hand with steady growth.
  



• Humble leaders are strong leaders.
  


• No matter your specialty, you're really in the training business.
  



• Only leaders who are mentors can influence corporate culture.
  



• Teamwork comes from setting goals specific enough to influence performance.
  



• Plan for failures and mistakes—they're inevitable.

It's little wonder Pekowski has published this little book: teaching and coaching are in his blood (he did both before joining the event industry in the 1980s).

And teaching and coaching underpin nearly all his success formulas.

"If you can teach or coach the group or department that reports to you, then in turn, that group can go out and teach the next group and so on," Pekowski writes. "I called it 'Teach the Teacher.' If you have ever taught someone something, then you are both teaching and reinforcing what you have been taught. It is the transformation of both knowledge and culture."

In this era of narcissistic CEOs, it's refreshing to learn some business leaders still put employees and customers first.

In an interview, I asked Pekowski what he'd be doing, if he weren't running his company.

"I’d be coaching in the NFL," he said. "That’s what I really wanted to do. I just love coaching and football. After I graduated, I coached in three different schools. But it’s a tough industry—it certainly didn’t pay then what it pays today. I had an opportunity to work for the Chicago Fire—a one-season team in the World Football League—but the job paid less money than I was getting paid as a teacher, and I had two children at the time."

Lessons of an Entrepreneur: How to Grow, Take Risks and Survive is available from Amazon. Proceeds will be donated to charity.

Online's Goal is Offline

Eighty percent of success is showing up.

― Woody Allen

B2B marketers―smart ones―know online must lead to offline.

Because unless prospects experience your brand, there's little likelihood of large sales.

Digital alone doesn't cut it.

Digital's too delible.

As GE's CMO, Linda Boff, told Chief Content Officer this month, "Experiencing a brand versus just seeing something in the media is more and more important. It's more indelible. We think a lot about that. How do we bring the brand to life? And how are we going to show up?"

How will you show up?

You've got an online plan.

What's your offline plan?

Fierce Competition

Are you mad enough to launch an event?

RAI Amsterdam wants to encourage your madness.

Entrepreneurs and would-be event producers can enter its juried competition, Start up Your Event, through early September.

Think Shark Tank for trade shows.

A jury of event professionals will judge the ideas for first-time events submitted in terms of opportunity, feasibility, audience reach, value proposition, brand positioning, innovation, and other success factors.

RAI Amsterdam will award the winner not only six days' free space—2,000m² net for an event in October or November 2018— but, more importantly, free consulting in experience design, community management, and attendee and exhibitor marketing.

The winner will be announced at the mammoth broadcasters' show, IBC, at RAI Amsterdam in mid-September.

"There is definitely room for new shows, maybe not necessarily in the traditional exhibition format that we are used to," says Denise Capello, RAI Amsterdam's head of business development. "The world is changing and innovation rules, so there are plenty topics to be found. You need to figure out the trends and needs. Your destination is just the final piece in the puzzle.

Capello says most would-be producers who fail do so because they lack insight into their audience.

"Over the years, we've seen a number of startups, and find lack of in-depth knowledge to be a key indicator of failure. Would-be producers need to produce better feasibility studies to support their ideas, better event concepts, and better audience insights, which come from canvassing."

To date, three event concepts have been entered into the competition, which was announced in June.

"We've also had a number of inquiries from consumer event producers, whose concepts unfortunately do not meet the entry requirements of the competition," Capello says.

"But they have inspired us to come up with a new partnership model for consumer events, the first hopefully launching in the summer of 2018."

6 Last-Ditch Ways to Sell Out Your Event

If you're not gonna go all the way, why go at all?

― Joe Namath

When events fail to sell out, resourceful producers pull out all the stops.

EventMB recommends these six last-ditch efforts:

Social media buy. Take out ads on Twitter, LinkedIn and Facebook that target locals (drive-ins) with an interest in your topics. Cull your database for locals to help you target the buy, and be sure to keep using free social media to chat up your event. Take advantage of past attendees' testimonials. You'll motivate fence-sitters.

Personalized email. Cull from your database locals who haven’t registered and conduct a drip-marketing campaign. Focus on locals who click through and send them additional emails that concentrate on justifying the cost of the event.

Special offer. Email registrants an offer of a referral incentive, such as "Buy two, get one free." Registrants will feel appreciated and help you. Send sponsors and exhibitors the same offer, to pass along to their customers. Sister organizations may also help you spread the word. You can also promote a contest on social media with free tickets as the prizes. Create a hashtag and ask people to vote on line. Contests, well done, are buzz-worthy.

Streamlined registration. Identify any causes of friction in your registration process and eliminate them―even if it means slaying sacred cows. Last-minute registrations are impulsive, and you don't want to deter prospects in any way. And add prominent copy like "Last chance to pre-register and save" or "Only a few seats left."

Telemarketing. The best way to spur last-minute registrations is to call locals, particularly alumni of past events who haven't registered. They know the value you deliver. (If yours is a first-time event, concentrate on locals who have some relationship with you.)

Retargeting. Retargeted ads can influence sales-resistant locals by making your event top of mind. By becoming ubiquitous, you'll sell out.

Last-ditch don'ts. EventMB warns:

• Don't offer last-minute discounts rashly; you only signal panic, cheapen your event, and train registrants to wait for deep discounts the next time round. ("Loyal attendee" discounts are okay.)
  
  
• Don't go all-serious. Play up the entertainment value of your event (remember, last-minute registrations are impulse buys).
  
  
• Don't go into hard-sell mode across all marketing channels. Concentrate on the ones above.
   
• Don't bury your calls to action in your last-ditch promotions. Big, colorful buttons work.
  
  
• Don't refrain from giving free registrations away, if the recipients are influencers who'll add to the prestige of your event.

Windfall for Event Organizers

Event organizers can expect a windfall as companies boost their spending on face-to-face, according to Reuters.

The windfall comes at the expense of publishers reliant for revenues on companies' ad dollars.

"Organizers of conferences and trade shows are benefiting from a shift in the way marketing budgets are allocated, with companies spending less on advertising and more on events," write reporters Esha Vaish and Noor Zainab Hussain.

Research firm Outsell pegs the spend for B2B events by US companies this year at $28 billion, a 4% increase over 2016. US companies will spend $35 billion on ads this year, a 6% decrease.

"While the battle between traditional and online media outlets has grabbed headlines, companies are often skeptical that advertising with either translates into sales," write Vaish and Hussain. "Hence the shift towards events."

While conferences' and trade shows' prospects are closely linked to the economic health of the industries they serve, the shift of marketers' dollars to events offsets revenue losses due to other factors, such as government-imposed travel bans.

Tradeshow Malcontents

Thou art the Mars of malcontents.

— William Shakespeare

UK exhibit builder Display Wizard recently asked 100 marketers whether tradeshows have a bright future.

Their answers might disturb you: 75 said yes; 25, no.

The 25 nay-sayers cited the rising digital tide as the reason—and their nagging disappointment with organizers, who are molasses-slow to adopt new technologies.

You might, as a hard-working organizer, respond, "Sure, we're not perfect, but attendees love our event!"

Maybe, maybe not.

Late last year, the event research firm Explori found, worldwide, tradeshows earn abysmally low Net Promoter Scores from attendees (from a high of 20 in the US to a low of -6 in Asia).

To put that in context, an "average" company's Net Promoter Score ranges from 31 to 50. (The worldwide Net Promoter Score exhibitors gave tradeshows was worse: -18.)

Explori's analysts noted that attendees' low scores can't be attributed to "so-called 'hygiene factors' such as venue layout, signage or catering, but highlight far more fundamental problems." T

radeshow exhibitors aren't displaying the innovations attendees crave.

Again, as a hard-working organizer, you might say: "So what? Many thriving industries have low Net Promoter Scores."

And you'd be right: duopolistic industries (where customers have little choice) all have negative scores. (Think cable TV, for example; Comcast and Time Warner Cable both have negative Net Promoter Scores—more unhappy than happy customers.)

But the tradeshow industry isn't a duopoly.

Attendees and exhibitors have choices. They can participate only in segment-leading shows. Or only in niche shows. Or they can meet elsewhere; at virtual events or—more likely—proprietary ones.

And, as a hard-working organizer, you might say: "I'm not worried. We're used to exhibitor churn. There'll always a few malcontents."

But you should worry.

Malcontents don't just represent the portion of customers who aren't satisfied.

They represent a potential mob that can become radicalized—that can pick up the weapons of social media and declare jihad on your plush bottom line.

Gamification Supercharges Tradeshow Exhibits

Only connect! That was the whole of her sermon.

— E.M. Forster

Seven of 10 Americans believe attending events connects them to others, according to a recent survey by Eventbrite.

Among Millennials, that proportion's even higher—8 of 10.

Seven of 10 Millennials also believe events expand knowledge better than online content does, the survey reveals. And 1 of 2 attend events to have experiences they can share on social media.

For Millennials, attending events "is all about projecting to your social media network, and painting a picture of a phenomenal lifestyle," event planner Aubri Nowowiejski told Skift. "They chase experiences over things to get those likes and comments and interactions, and that dopamine fix."

If you accept Eventbrite's findings, exhibit marketers who help Millennials polish their personal brands will come out winners at tomorrow's B2B events.

Gamification is the secret sauce.

By offering them high-yield opportunities to enrich their personal brands, gamification counteracts Millennials’ unfortunate reluctance to engage in the "real world" of sales conversation.

Gamification makes networking fun and unintimidating—and delivers the all-important dopamine fix that comes when a Millennial wallflower can update his social media feeds.

One ready solution for exhibitors is PLAYBOOK, a lead-gen system that marries pre-show marketing with gamification.

With PLAYBOOK, exhibitors can not only attract large crowds of fun-seeking prospects to their booths, but get them to look up from their phones long enough to engage in conversation.

DISCLAIMER: I'm a bit biased in favor of PLAYBOOK, because it's the creation of Bob & David James. Learn more here.

Tackling the Stack

Events may at long last have the CMO's attention—deservedly so, since they consume up to 60% of the marketing budget at most B2B companies.

That's because event tech is transforming the analog meeting into a full-scale "digital production."

So much so, CMOs now face a formidable "event tech stack," a digital gauntlet comprising CRM systems; email delivery platforms; event websites; online communities; registration systems; event personalization platforms; onsite networks; session scanning and survey tools; audience engagement, second-screen, and polling systems; beacons and sensors; games; event apps; lead retrieval systems; learning management systems; social media suites; analytic suites; and vendor sourcing and travel management systems.

That's a ton of tech to choose from and "B2B marketers sometimes need 12 different tools to run an event," says Alon Alroy, CMO of Bizzabo.

A new conference launches this month to help marketers tackle the stack.

Transform USA promises to help attendees develop a "coherent data and digital strategy," according to its founder, Denzil Rankine.

Geared to event producers, Transform USA offers "practical takeaways for their strategies for their organizations, and for the partnerships that they should be operating," Rankine recently told Convene.

Transforming a meeting into a digital production sounds really sexy. And the big-data metrics, personalization and amplification event tech can provide are long overdue. 

But without a strong business-first philosophy—asking of every piece, "How does this serve our marketing goals?"—a CMO could easily find herself overpowered by the event tech stack.

HAT TIP: Gary Slack inspired this post.

Blaming the Weather

You can fool some of the people all the time, and all the people some of the time, but you can’t fool all of the people all of the time.

— Abraham Lincoln

Fyre Festival fooled a lot of people.

So do a lot of events.

But you can't fool all of the people all of the time.

Serial scammer Billy McFarland, who The New York Times called, "Gatsby run through an Instagram filter," when confronted with accusations of fraud, blamed Fyre Festival's epic failure on the weather.

“I cannot emphasize enough how sorry I am that we fell short of our goal," he said in a statement in May.

How hauntingly similar that sounds to the statements made by many association-show producers after their events fail to attract buyers.

"We're disappointed by the attendance, but the industry's facing a cyclical downturn."

"Yes, we're disappointed by the attendance, but terrorism has deterred many travelers."

"Sure, we're disappointed by the attendance, but everyone knows the US economy's soft."

"We're deeply disappointed by the attendance. The weather is to blame."

Truth be told, you may never be able to draw enough buyers to satisfy exhibitors.

But are you even trying?

• Do you assume (pray) attendees will just come?
• Do you depend on email to promote your event?
• Do you neglect to issue newsworthy product announcements before your event?
• Do you believe your primary job is to sell booths?
• Do you think of exhibitors as the "wallets" who underwrite your conference?

Too many association-show producers "working hard" with "producing results."

Producing results today means innovating. Do you:

• Add novelty and value to every aspect of your show, year after year?
• Respect the fact exhibitors need results—and help them?
• Organize your event to maximize exhibitors' face-time with prospects?
• Lead your industry by applying new marketing tactics and technologies?
• Copy concepts from industry-leading shows like CES and NAB Show?
• Know more than your attendees and exhibitors about your industry's path forward

Or, when attendance flags, do you—like the organizer of Fyre Festival—keep calm and blame the weather?

NOTE: Billy McFarland was arrested yesterday and charged with wire fraud.

Trade Shows Take the Art World by Storm

Unless brick-and-mortar galleries make a comeback, you may buy your first Basquiat at a trade show, says The Art Newspaper.

Brick-and-mortar galleries once guaranteed collector confidence, but no longer.

Today, collectors are accustomed to buying art at trade shows, on line, and directly from the artists, making a dealer's "home base" irrelevant.

Art Basel, king of the art show organizers, still insists dealers operate a gallery to qualify to exhibit.

As global director Marc Spiegler told The Art Newspaper, running a brick-and-mortar gallery signals you're a "real" dealer.

“Paying rent, staging shows and employing people simply represents a higher level of commitment to the artists the galleries are working with and to the cultural landscape of the cities in which they are sited,” he said.

But the rule is under scrutiny; and the pressure's on to drop it.

Most of the other 270 trade shows allow dealers without fixed abodes―dealers who only sell art on line, or through coops, popups, or trade shows―to exhibit.

Only Art Basel excludes them.

And the stakes are high. Last year, 41% of dealers' sales took place at trade shows.

Dealers are loving them.

Another reason dealers are loving trade shows: they enable collaboration.

They can rent adjacent booths and commingle the works of a single artist or school.

Hungry collectors can see many related works displayed together―maybe even go on a buying spree.

HAT TIP: Appraiser Todd Sigety pointed me to this story in The Art Newspaper.

Our Customers? Who Cares?

On CEIR's blog, adman Gary Slack laments the tradeshow industry's thundering indifference to customers—an indifference, alas, I can vouch for.

"More than any other B2B medium or sales channel, the exhibition industry—meaning trade show producers, contractors, CVBs—is remarkably unconnected with senior B2B marketing leadership, the people who set marketing budgets and make the ultimate decisions on how much gets invested in face-to-face marketing," Slack says.

No matter where or when B2B marketers gather, you can count on the show industry to be a no-show, Slack says.

"Go to any B2B marketing conference and rarely if ever do you hear exhibition industry execs attending, much less speaking or even exhibiting. Yet practically every other recipient of B2B marketing dollars is represented, either in the audience or on the dais or in the exhibit hall, or all three."

This week is bittersweet for me.

It would have seen the inauguration of DARE, a marketing conference I planned with two partners to help bridge the gap between B2B CMOs and the exhibition industry.

We had to cancel the event 120 days out, for lack of sponsors and endorsements by show organizers.

Despite 12 months' effort to reach hundreds of tradeshow industry players, both large and small, only three suppliers—Freeman, Kubik and SpotMe—bought sponsorships before we cancelled DARE; and only one show organizer—NAB Show—endorsed the conference.

DARE sank in the vast sea of indifference to customers.

I'd chalk it up to a severe case of "fat, dumb and happy."

"As long as exhibitions themselves remain so essential to B2B sales success, maybe you don’t have to work as hard trying to grow your slice of the big B2B budget pie," Slack says.

"But by not engaging directly with senior B2B marketers at the events they attend to learn the latest, you are jeopardizing mindshare that some day may be critical to your survival."

There's a melancholic jazz song entitled, "Due to Lack of Interest, Tomorrow Has Been Canceled."

It might be DARE's theme song—or, if things don't change, the tradeshow industry's.

DISCLOSURE: I am the managing editor of CEIR's blog. Please contact me, if you'd like to contribute content.

The D Word

Q. What's the fastest way to stampede a herd of exhibitors?

A. Use the "D word."

Drayage.

Its mere mention thrusts otherwise serene folks into fits of apoplexy, turning lambs into lions and Jekylls into Hydes.

"Arbitrary and greedy," they gasp. "A complete scam."

Drayage is the price a tradeshow decorator charges exhibitors to move materials from the convention center's loading dock to the exhibit space on the show floor. Charged by the "hundred weight," it increases as the weight of an exhibit does.

Exhibitors loathe the pricing scheme, wondering where it originated and why it's perpetuated.

You can blame J.W. Midgley.

Midgely was a railroad engineer in the 19th century. He's the man who instituted the "hundred weight."

The word "drayage" comes from the maritime industry, and denotes the transport of goods over a short distance, often as part of a long-distance move (for example, a pickup of goods by truck from a seaport and their delivery to an inland warehouse).

The word's also used to denote the price of the transportation.

Drayage originally meant "to transport by a sideless cart", or dray. These carts, pulled by dray horses, were used to move goods short distances (short because of the physical limitations of the dray horse). Over time, the dray horse was replaced by the delivery truck.

Pricing the service by hundred weight is a scheme that allowed operators of the various modes of transport (ships, trains, carts, etc.) to charge uniformly and treat all users fairly (farmers, for example, paid no more than ranchers, miners, or loggers to have their goods hauled). It also allowed for easy verification of the charges.

J. W. Midgley, although disavowing that he originated the practice, took credit for making the hundred weight a national standard for charging for freight hauling.

Midgley wanted to help harmonize hauling. And that's a good thing, because harmony breeds efficiency.

Runaway drayage has certainly altered the tradeshow industry, causing, most notably, exhibitors' flight to fabric. (I remember a time when US tradeshows were chock full of hardwall).

The industry players point fingers whenever runaway drayage gets mentioned. Exhibitors scapegoat decorators. Decorators scapegoat organizers. Organizers scapegoat convention centers. Everybody scapegoats labor.

But nobody scapegoats J.W. Midgley.

It's high time they did.

It's also time to put drayage into context:

• A woman once asked Picasso to sketch her on a piece of paper. The artist complied, and handed her the sketch. “That will cost you $10,000.” The woman was astounded. “Isn't $10,000 a lot for only five minutes work?" Picasso replied, “The sketch may have taken five minutes, but the learning took 30 years."
  
  
• Hospitals typically charge you $20 for an aspirin. That's because they "cost shift" constantly. They couldn't function if they didn't charge insured patients $20 for an aspirin, because their beds are filled by poor, uninsured patients, as well.
  

• Starbucks charges $3 for a small latte, but a whole pound of Arabica coffee beans costs only $1.50. When you buy a latte, you're also paying for labor, store rent, furniture, and college tuition for 4,000 employees. The beans comprise only 20% of the price.

Exhibitors, sure, you may want to squeeze runaway drayage.

But remember: when you clamp down on one side of a balloon, the other side just gets bigger.

How to Acquire High-Value Attendees

Trade Show News Network asked five marketers how they'd go about attracting "high-value" attendees―influencers―to an event. They advised:

First, identify the influencers. Use markers like travel distance, length of stay, team size, job function, budget, track record, and social media footprint. While spend would be the most telling sign, it's impossible to determine, except anecdotally.

Target young guns. They're the next-gen buyers who assure an event's vibrancy and longevity. They may not display the signs of veteran influencers, but they're critical to your event's success.

Package and promote personalized perks. Provide free or reduced registration, airport transportation, express entry, care packages, onsite concierge services, private meetups, exclusive lounges, free tickets to local attractions, etc. Use big data to personalize influencers' pre- and at-show experiences, but never make anyone feel "stalked."

Have great events. Offer the right mix of exhibitors and convenient show hours. Use event tech to help influencers and exhibitors connect on site, and don't get hung up on appearing "democratic." Break a few rules to make influencers feel appreciated.

Show your appreciation. Send a gift after the event, and celebrate influencers' presence in your blog and other digital properties. Ask exhibitors to do the same. Influencers will return to your event―and draw others, as well.

TSNN interviewed Marlys Arnold, ImageSpecialist; Terence Donnelly, Experient; Ravi Kiran, Dazzletoday; Megan Powers, EventCollab; Walter Winn, Feathr.

BONUS TIP: Reach out and touch influencers. Use pre-show telemarketing to cut through the digital clutter. And I don't mean placing cheesy robo-calls. Orchestrate a high-end, B2B outbound campaign, to assure influencers their time's well spent at your event. Consider both pre- and post-show "courtesy" calls.

Whistling Past the Graveyard

M&A strategist Denzil Rankine told attendees of UFI's European Conference in April the compound annual growth rate of the "core product of exhibitions"—namely, floor space—is limping along at a mere 2%.

Inflation will eat that—and more—for breakfast.

When you consider how complacent most concrete-peddling association show organizers are, the best you can say is they're "whistling past the graveyard."

The idiom has two meanings, one positive, one negative.

"Whistling past the graveyard" can mean you're displaying nonchalance in the face of danger.

Or it can mean you're clueless.

Whichever's the case, associations need to find new revenue streams to shore up concrete sales.

They can't just hope shows will return to vitality by themselves, the economy will boom, or that "Millennials will attend when they get jobs."

Scrapes on a Plane

It's National Etiquette Week—the ideal time to start a midair brawl.

Will the surge in incivility on planes and in airports dampen meeting travel?

It doesn't take much to do so.

The SARS epidemic clobbered tradeshow attendance in the early 2000s. (I can recall vividly that the epidemic was the sole topic of discussion at UFI's 2003 summer meeting).

Unlike SARS, incivility is a uniquely American disease.

When it comes to air travel, it seems we have two modes: fight or flight.

But there are other options.

According to Expedia's 2017 Annual Airplane Etiquette Study, the 10 leading causes of scrapes on a plane are:

• Rear seat-kicking
• Inattentive parents
• Odiferous passengers
• Audio-insensitive passengers
• Intoxicated passengers
• Incessant chatting
• Queue jumping
• Seat reclining
• Armrest hogging
• Smelly food consumption

How do American passengers respond? According to the study:

• 62% alert flight attendants when provoked
• 33% endure the offense in silence
• 13% video-record the offender
• 10% confront the offender
• 5% complain on social media
• 3% shame the offender on social media

B2B Events Get Hip

Expect more annual B2B events to market themselves like music festivals, according to Cramer.

Meetings once held in convention center halls and hotel ballrooms will migrate outdoors and to hip, alternative venues, offering inspired music and entertainment.

"Festivalizing" your B2B event means adding not only rad surroundings and music, but the other hallmarks of a big festival: frictionless registration, entry and wayfinding; a "choose-your-own-adventure" schedule; post-modern structures; exotic food and beverage; cause-related happy hours; playrooms and coffee houses; co-created artworks; social media extravaganzas; and event themes that celebrate coolness, community and creativity,

Festivalization's dual goals are "reinvigorating attendee bases and attracting millennial prospects, who prefer experiences, touchpoints and connections at events," Cramer says.

B2B event planners are riding a wave. According to Billboard, 32 million Americans attended a large music festival last year.

The Truth about Trade Shows

Last evening, I watched an old rerun of The X Files. The entire episode is a flashback to a time before FBI Agents Mulder and Scully are partners, and is set inside a trade show in Baltimore in the year 1989.

It was a kick to see how many everyday objects have changed in a quarter century. Men's suits. Women's dresses. Cameras. Computers. Telephones.

But not trade shows.

The imaginary 1989 trade show looked just like a 2017 trade show.

The truth about trade shows: they're lodged in the '80s. We still need them now, but we need them to deliver something new.

With buyers' ranks thinning, web content exploding, and pre-released products the norm, '80s-style trade shows are obsolete.

Yes, we still need to meet face-to-face, take the pulse, and wave the flag, but why "flash back" to do so?

Maybe it's time for organizers to flash forward, to think badgeless and boothless and begin to craft experiences matched to today's need to gather and do business.

The answers are out there.

Unkind Cuts

A telling statistic lies deep within CEIR’s new report, Cost to Attract Attendees.

It could in part explain why association-owned shows have recently seen a falloff in attendance, exhibits and income.

Association organizers, according to the report, have cut their marketing spend during the past four years.

To learn more, read my post on CEIR's new blog, Event.

Cashing in on Events

Bloomberg is doubling down on events, according to Politico.

The business media giant has hired veteran exec Stephen Colvin to expand its two-year-old global events division.

"As with many media companies striving to develop new revenue streams, events are becoming a more prominent component of Bloomberg's journalism lineup," says Politico's Joe Pompeo.

A spokesman for Bloomberg says the company is "well positioned to be the leading convener of business and financial events around the world."

Sponsorship revenue from Bloomberg's five events is up 30% from 2015.

When will associations cash in on events?