Trade Show TalesBlog

Posts Tagged ‘Exhibitions’

The Rent vs. Buy Debate for Trade Show Exhibits

April 20th, 2021 COMMENTS
Rent vs. Buy a Trade Show Exhibit

If price was the only criteria for a trade show exhibit, then most exhibitors with a full show schedule would probably buy their display. Or would they?

Let’s explore this topic with three examples showing both rental and purchase prices from Classic Exhibits and Classic Rental Solutions.

Trade Show Rental Exhibit

Example #1

The RE-1081 (rental) and VK-1356 (purchase) are identical backlit displays with a charging station, locking storage, and an iPad swivel mount.

  • Rental: $6316 (booth) + $2693 (graphics) = $9009
  • Purchase: $14,997 (booth and graphics)
  • Difference: $5988

By the second rental, the exhibitor would have exceeded the purchase price. However, what if the exhibitor decided to remove the charging station and replace it with a reception counter at the second show? Or some other modification. Rental exhibitors often make those changes because the price remains roughly the same (in most situations). The purchase exhibitor now has an additional component, along with extra or modified packaging. And they may decide not to use the charging table again, which means they’ll need to dispose of it.

All too often, an exhibitor who purchases a display will not make a change, even if the change would benefit their trade show marketing, because they feel locked into their original decision. A rental exhibitor has far fewer qualms about making changes, including even an entirely different design.

Trade Show Rental Display

Example #2

The RE-1082 (rental) and GK-1011 (purchase) are non-backlit displays with a workstation and locking storage.

  • Rental: $5816 (booth) + $2297 (graphics) = $8113
  • Purchase: $14,900 (booth and graphics)
  • Difference: $6787

In this design, the first and second rentals are less expensive than the original purchase price. By the third rental, the rental would be $4845 more. However, many exhibitors don’t factor in the monthly storage, assuming your exhibit provider stores it for you. Plus any “turnkey services” like inspection, packing, and staging charges. With a rental, those are included in the price.

Many exhibitors would rather not commit to a long-term investment or reoccurring maintenance fees on a permanent asset. And disposal charges at some point in the future. For them, a rental while more expensive over several years, may be less expensive right now and offer greater marketing flexibility.

Rental Displays for Trade Shows

Example #3

The RE-1079 (rental) and VK-1977 (purchase) are backlit displays with a large monitor mount option.

  • Rental: $2483 (booth) + $1525 (graphics) = $4008
  • Purchase: $7600 (booth and graphics)
  • Difference: $3593

At this price, most exhibitors would purchase this design if it’s intended for multiple shows. However, this design is often an element in a larger island display with double-sided graphics. Other times, exhibitors with conflicting shows or those “testing” trade show marketing need an exhibit but don’t want to commit to a purchase. In those cases, a rental makes far more sense, even for small displays.

All too often, newer exhibitors will purchase a cheap, somewhat disposable display only to discover that it doesn’t reflect their branding or audience. An upscale rental allows them to showcase their products and/or services at a price comparable to a budget purchase.

When deciding whether to rent or buy a trade show exhibit, consider all your options, both short and long-term. There are benefits to both and in some situations, a combination makes the most sense. Talk to your exhibit professional to review your options.

Here’s Your Post-Pandemic Portable Trade Show Display

April 7th, 2021 COMMENTS
Symphony Portable Display Elegance -- Features and Benefits

Most portable displays look portable. That’s always been unfortunate fact. But… what if you could have all the benefits of a portable system, like UPSable roto-molded cases and tool-less assembly, with all the design impact of a modular or custom exhibit? It’s possible with Symphony Portable Displays.

Zero Compromises

Choose from 54 kits or configure the design to meet your unique trade show marketing requirements. With Symphony, there are no compromises, no tradeoffs. Simply a beautiful, upscale display at a price that’s thousands less than most custom modular exhibits.

Symphony Portable Display Elegance
Symphony Portable Display Elegance
Symphony Portable Display Elegance

The Future Success of Trade Shows in North America

April 7th, 2021 COMMENTS
EDPA Advocacy

An EDPA Exhibitor Advocacy Statement

The Experiential Designers and Producers Association, via their Exhibitor Advocacy Committee, recently published a statement regarding the future of post-pandemic trade shows. It’s a MUST MUST READ.

The first three paragraphs are below with a link to the full statement on the EDPA website.

WHO WE ARE

The Exhibitor Advocacy Group is an ad hoc group whose members come from the corporate exhibitor community, exhibitor-appointed contractors, unions, show management, and general service contractors. Our mission is to ensure the successful future of trade shows, conventions, congresses, and other face-to-face business events. Our focus is on promoting transparent and reputable business practices, consistent standards, and new business models. We encourage all trade show industry constituents to join us in identifying best practices and helping to build a profitable and equitable industry for all constituencies.” 

BACKGROUND

Before COVID-19, the exhibitor experience on the show floor was deteriorating. Every year, exhibiting costs increased, and issues around transparency, metrics, and cost savings became more problematic. Exclusive show site services from the general contractor like material handling, electrical, and rigging became more complex and expensive, creating a lack of transparency for these services and the associated costs. Leads and data from attendees became proprietary information of show management, and the data was rarely shared so that exhibitors could calculate a meaningful ROI.

Most importantly, there was a significant lack of support from most show management organizations to find cost savings for exhibitors. Instead, the general contractors’ cost savings went to show management and were subsequently recovered through higher costs to exhibitors. Expenses continued to increase without added value. The industry had become stuck in a rut and very hesitant and reluctant to change. Many shows found themselves in a ‘business as usual’ scenario that added no value to anyone – organizer, attendee, or exhibitor.

Continue reading HERE.

Symphony Portable Counters and Pedestals

March 16th, 2021 COMMENTS
Trade Show Counters and Pedestals

Counters and Pedestals, like Rodney Dangerfield, get no respect. Yet, nothing works harder on the show floor. They’re the ultimate Swiss Army knife.

At Classic, we know a little bit about counters with over 250 custom, modular, and portable kits in Exhibit Design Search. Yes, that’s a lot. Others might label it OCD, but we call it being thorough. Hey, don’t judge! 

A well-designed counter combines branding, design, and practical features like storage and accessories. Think about the last time you were on the show floor. Chances are you spent the bulk of your time standing or sitting around a counter. 

We’re particularly proud of new Symphony designs shown below. They assemble without tools, pack flat, include shelves, and are perfect for graphics. Plus, they include a unique Classic feature – the locking countertop.  Don’t see exact what you want in EDS? That’s nOCD problem. Let us design and build it. 

Symphony Portable Counters and Pedestals

Post-COVID Shipping Challenges for the Trade Show Industry

March 3rd, 2021 1 COMMENT

Yesterday, Joe Martillaro from Superior Logistics joined us for a Classic Conversation. He discussed the shipping industry and how post-COVID changes will affect trade show exhibitors and suppliers.

This video is a “must watch” for anyone who will be shipping crates and cases later this year. According to Joe, there’s been a lot of changes in the shipping industry!