Trade Show TalesBlog

Posts Tagged ‘Rental Exhibits’

NEW Rental/Purchase Price Feature in Exhibit Design Search

August 30th, 2017 COMMENTS

We Heard You. Loud and Clear!

Nearly every day we get the following request, “My client can purchase the VK-1233 for $9208. What would the rental price be?” We’re happy to answer that question…  but wouldn’t it be nice if those prices were in Exhibit Design Search? Yes.

That’s a HUGE project! And we’re up to the challenge, but it will take a little time. Effective on all Exhibit Design Search websites, you can now find 72 kits with both rental and purchase prices. You can see them in Visionary Designs, Islands, SEGUE, eSmart, and the Rental Galleries. Click HERE to see an example.

Another 50 kits will be updated in September. Then we’ll continue adding more each month. Let us know if you have any questions. We are excited about this new EDS update and hope it makes your life a little easier (and more profitable).

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–Mel White
mel@classicexhibits.com
http://www.linkedin.com/in/melmwhite

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Classic Exhibits Inc. designs and manufacturers portable, modular, and custom-hybrid exhibit solutions. Classic Exhibits products are represented by an extensive distributor network in North America and in select International markets. For more information, contact us at 866-652-2100 or www.classicexhibits.com.

Rental Exhibits and Accessories — Summer Sales Tips #6

July 5th, 2017 COMMENTS

Rentals Exhibit are the Smart Choice

Rental exhibits are the single fastest growing segment of trade shows and events. So what’s driving this? To no one’s surprise, exhibitors are being asked to do more with smaller budgets. In the past, that meant a smaller exhibit or a reduced trade show schedule. Not anymore. Rental designs are more flexible than ever. Exhibitors can now achieve a customized look without purchasing a custom exhibit, depending on the rental exhibit supplier.

Classic Rental Solutions has the largest rental inventory in North America with designs ranging from inlines to islands and from monitor stands to charging stations. All can be personalized to meet the most demanding marketing requirements.

To learn more, download the unbranded PDF version for Rental Exhibits here. To listen to the bonus audio tip, click here.

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Classic Exhibits Inc. designs and manufacturers portable, modular, and custom-hybrid exhibit solutions. Classic Exhibits products are represented by an extensive distributor network in North America and in select International markets. For more information, contact us at 866-652-2100 or www.classicexhibits.com.

Top 5 Fallacies of Trade Show Exhibit Rentals

June 23rd, 2017 1 COMMENT

The Five Fallacies of Rental Exhibits

Do you feel like trade shows are a secret religion where you need a high priestess to explain the path to enlightenment? You shouldn’t… but it’s easy to waste a lot of money before you discover trade show nirvana. Take rental displays for example. So many misconceptions, even by trade show professionals.

Probably nothing has changed more in Trade Show Land than exhibit rentals. What used to look like subsidized housing on the show floor is now indistinguishable from purchase exhibits. Well… in most cases. I recently saw this design on a custom house website as a rental option. I kid you not — THIS was the BEST of the six offerings. Sigh.

Ugly Trade Show Rental It’s no wonder there is so much confusion about rental exhibits. Let’s explore The Five Most Common Fallacies about renting an exhibit.

Attendees Will Know It’s a Rental Exhibit

Yes, if you rent the crappy display shown above. Otherwise, no. At any major trade show, 15-20% of the exhibits are rentals. Quality exhibit rental suppliers, like Classic Rental Solutions, have hundreds of rental designs based on successful purchase designs. These include extrusion, modular wall, and custom modular designs from 10 ft. inlines to 40 x 60 islands with large format fabric graphics. Even double-deck displays. In the end, most rental suppliers will personalize the rental for your trade show needs. It may not be a custom exhibit, but it will be attractive, functional, and cost-effective.

Rentals Can’t Be Customized or Personalized

Well that would certainly make our lives easier if it was true. But, it’s not. Everyone wants an exhibit, purchase or rental, that’s tailored to their trade show marketing needs. That’s an expectation. If you are shown 6 examples and told to pick from the list, pretend you are Usain Bolt and sprint to the next exhibit house. If you are told that that purchasing is a better option if you want any customization, then put your track shoes back on. It’s time to sprint… again.

That’s not to say there aren’t limits. And in many cases, it makes sense to purchase some or all of the exhibit. But it’s not either/or. It depends on your supplier’s inventory and manufacturing capability. Some work from an in-house inventory. Others rely on a large rental supplier like Classic Rental Solutions, which supplies rental displays to more than 200 distributors in North America. That volume allows for greater flexibility in design requests and accessory options. Need 30 counters. We got it. Need 25 monitor stands. We have that too.

Trade Show Rental Island Exhibit

It Will Cost Less. It Will Cost More.

Regardless of what anyone tells you, there’s no magic formula when it comes to deciding whether to rent or purchase. In general, renting is less expensive, particularly if you reuse the graphics for multiple shows, but that’s the same for an exhibit purchase. Because marketing is always a moving target, graphics will always change over time. On the other hand, if you make “sprockets,” which never change, and plan to keep the same structure and graphics for several years, then it would be smarter to purchase your display.

You decided to purchase the exhibit. Now you (or someone else) has to store the exhibit. And pack and prep it for each show. That’s a cost that’s often ignored during the design phase. Are you a company that wants the flexibility to change the exhibit design, size, or accessories depending on the show or your budget? Then renting makes  more sense. Or consider purchasing the core structure, but renting the kiosks, counters, monitor stands, charging stations, etc. giving you greater flexibility from show to show.

My Show is in Chicago. Should I Rent the Exhibit in Chicago?

Perhaps. Is your show always in Chicago? Do you only go to shows in Chicago? Are you based in Chicago? Otherwise, it doesn’t really matter. Work with the exhibit house that fits you like a glove. It’s not about location. It’s about relationships and success. You have shows all over North America. Does it really matter where the rental exhibit ships from? Honestly, it has to ship from somewhere. If your exhibit partner is truly a partner, they will work with you on the design and your trade show marketing goals, and ensure your exhibit ships as economically as possible.

Trade Show Inline Rental Exhibits

Do I Have to Rent from the General Show Contractor (GSC)?

The displays from a GSC can be cost-effective, which might make sense for a first-time exhibitor testing the water. However most GSCs have a limited rental inventory and mostly basic designs, although there are exceptions. That said… a GSC is focused on that show. What happens at the next show with a different GSC in a different city with different design offerings?

Exhibitors who view trade shows as an investment do not differentiate between a rental or a purchase. It’s all about creating the best possible ROI for the company. That means working with a partner who understands your company and your goals, someone invested in your success over the long-term, not just for one show. That might seem obvious, but exhibit rentals are often seen as a “Hail Mary!” just to meet a limited budget. A partner will ensure your rental is not a compromise.

Still a bit confused? Renting an exhibit is not for everyone, just like leasing a car isn’t for everyone. However, it’s wise to know your options, particularly since rental designs are much more flexible and attractive than ever before. There’s no longer a stigma associated with a well-designed rental exhibit, and most rental exhibitors are primarily interested in flexibility, both in structure and cost. It’s a worthwhile conversation to have with your exhibit partner, regardless of what you decide.

–Mel White
mel@classicexhibits.com
http://www.linkedin.com/in/melmwhite

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Classic Exhibits Inc. designs and manufacturers portable, modular, and custom-hybrid exhibit solutions. Classic Exhibits products are represented by an extensive distributor network in North America and in select International markets. For more information, contact us at 866-652-2100 or www.classicexhibits.com.

Who is Classic’s Biggest Competitor?

June 15th, 2017 4 COMMENTS

Who is Classic's Biggest Competitor?

Recently, I’ve been on the road, visiting Classic Distributors in the Midwest and South. We chat about industry trends, new products, and challenges in their market. Occasionally, they will ask me about competitors. That’s a topic that always makes me uncomfortable.

Now, why should talking about competitors be uncomfortable? Handled professionally, it can be instructive for both of us, and I am just as guilty of asking a distributor, “What are you hearing in the industry?”

Nevertheless, “Who is Your Biggest Competitor?” always makes me squirm. You would expect me to list a handful of systems manufacturers or internet resellers, but while they are competitors, they are not our biggest competitor. So, who is?

Our Biggest Competitor

You. You are our biggest competitor. Now don’t take that the wrong way. You are also our customers, colleagues, and friends. We like you. We respect you. Our business depends on you. We are honored to have you as part of the Classic Exhibits Family. And, yet, you are also our biggest competitor — day in and day out. That shouldn’t surprise you. If it does, it shouldn’t.

Every single day you listen to clients about their projects. Then you make a decision about who designs, manages, and builds that project. You? Another builder? Classic Exhibits? Let’s explore some examples together.

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Custom Exhibits

Do you design and build it, assuming you have in-house custom capability? What’s the budget? What are the client’s expectations? Will it interfere with other projects or customers currently in the pipeline?

  • Will it keep my shop busy and/or happy?
  • Is the client’s budget realistic for our shop rate?
  • Can I make margin?
  • Is it within our skill-set or would it make more sense for someone else to build it?
  • Should I send it to Classic Exhibits for a quote?

Assuming you don’t have in-house capability, do you find a contract builder?

  • Do I have the in-house talent to project manage it?
  • Should I find someone local?
  • Do I trust that shop and do they have experience?
  • What if the client expects me to store the exhibit and prep it for each show?
  • Should I send it to Classic Exhibits for a quote?

Hybrid Exhibits

Aluminum extrusion systems seem, at first glance, an easier decision. What’s so challenging about designing and building a display from modular aluminum components. After all, it only requires:

  • Designing a hybrid solution using standard and customized engineered aluminum components
  • Ordering those components from an aluminum supplier at the correct size(s), angles, and finishes
  • Supplementing them with accessories from other manufacturers such as counters, lighting, graphics, and casing
  • Creating detailed setup instructions and numbered components
  • Creating re-usable packaging that protects the components
  • Completing all above within a 10-15 day time frame
  • Ensuring margins are acceptable, including time and materials and lost opportunities

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Specialized Displays

Specialized displays include lightboxes, charging stations, retail fixtures, corporate environments, or anything outside your normal trade show or event world.

  • What is the client’s expectation of quality?
  • Is the budget realistic?
  • Is the time frame realistic?
  • Should you design, project management, and build it?
  • Do you have the capability to handle the project?
  • If not, what company has the inventory, technology, and capability to produce it?
  • Should it be handled locally or online?
  • Can you make margin, complete the order on time, and continue to pursue other opportunities?

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Rental Displays

The growth of rentals, especially customized rentals, has created a dilemma for many Classic Distributors. Building a rental inventory takes financial capital, warehouse space, and a steady order turn to be successful. And yet, rentals can be very profitable assuming there’s sufficient turn on your inventory and minimal damage.

  • Do you pull from your inventory, add to your inventory, send it to Classic, or send it somewhere else?
  • Do you have the physical space to warehouse a rental inventory?
  • How deep should that inventory be?
  • Are your designs limited by your in-house inventory?
  • What if the client requires multiple quantities of counters, monitor stands, or kiosks?
  • Do you have the time/talent to create detailed setup instructions for each project?
  • Does geography or the show location determine whether to use your rental inventory or rely on a supplier like Classic?
  • Are you accounting for the labor to design, build, pack, receive, and clean the rental? What about damage?

You get my point. If there was a way to measure lost opportunities for Classic, I suspect that we lose more business when you choose to build or rent something in-house than when the order is sent to another manufacturer. At Classic Exhibits, our job is to excel in design, customer service, production, packaging, instructions, and even marketing so you choose the easiest and most profitable path for your company. We have to win your approval, day after day. And that’s our goal since we don’t sell direct.

So, to you our competitor and our customer, while we don’t win them all, we win far more than we lose when we have the opportunity. All we ask is that we get the opportunity.

–Mel White
mel@classicexhibits.com
http://www.linkedin.com/in/melmwhite
https://twitter.com/melmwhite
https://www.facebook.com/Classic-Exhibits-Inc-113601405319757

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Some Thoughts… After Visiting Classic Exhibits Distributors

February 3rd, 2017 COMMENTS

MelBlog

Southwest Ohio and Chicago

ValleyExpoIn January, I had the pleasure of visiting Classic and Eco-systems distributors in Southwest Ohio and Chicago. Reid Sherwood was my tag team partner in Ohio (Thanks Reid). In Chicago, I met up with Jen LaBruzza, our Regional Sales Manager. On our last two days, we were joined by Colleen Crawford from Eco-Systems Sustainable. By that point, we were a pretty formidable superhero team.

It’s been a few years since I had to pack a suitcase for two weeks. I’ll be on the road again later this month. Then you’ll see me at EXHIBITOR. Oddly enough, my wife has been very encouraging. Let’s just say my suitcase was partially packed before I’d even checked my departure date and time.

So, what did I hear from these distributors? Industry trends, of course, which Jen covered in her excellent video post last week (I was the dude holding the camera). Allow me to share my perspective, while not stepping on Jen’s toes.

blogheaderRentals

Rentals

Honestly, I was a little surprised by this topic. But, then again, my perception is tainted by Classic Rental Solutions, which has been crazy busy for several years. Most distributors have embraced rentals, using internal stock and external vendors such as CRS. However, not everyone sees rentals as a viable alternative to purchase. Don’t misunderstand me. I get it. If your only experience with rentals is portables or General Show Contractor kits, then rentals are a lesser option.

If I had to guess, I would say that 20-25% of larger inline and island booths at major shows are rentals — extrusion, modular wall, or custom. And it makes sense. A trade show exhibit is a marketing vehicle, and just like a car, we often want to try it before we buy it. And in many cases, we don’t want to buy it at all. Leasing makes more sense. I read recently that nearly 40% of all vehicles are now leased.

With that in mind, I would encourage you to discover if your client prefers to purchase or to rent. Give them the pros and cons of both options, then they can make the best decision for their budget and their marketing goals.

Bull vs Bear Market

This topic was all over the board. Some distributors had more business than they could handle. Others were busy, but not overwhelmed. Others were chasing orders. However, there were no “boo hoo’s” about business in general. For many of us, the Great Recession is still visible in the rear view mirror (objects in the mirror are closer than they appear).

What I heard was a variation of two themes — “My clients are getting what they need. Not necessary what they want.” OR “My clients are finally getting what they want. Not just what they need.”

If I had to guess, and this is truly a guess, it has everything to do with a client’s commitment to trade show marketing. IMHO — When you know what you want to be successful, you get what you want. When you don’t, then you get what you need. Yes, that’s oversimplification. Clearly, every business is different. But you are either passionate about trade show marketing… or you are not.

chargingstation9-16The Other

Pat yourself on the back. You are a lot smarter than you used to be. Which means, you no longer focus all your efforts on trade shows. Some distributors are heavily into events. Others are designing corporate environments. Still others make as much on graphics, if not more, than selling or serving exhibits. More and more are storing crates. Or handling show services for their clients. You are selling lightboxes in retail or corporate environments, and pitching charging stations for lobbies and events. The list goes on and on.

It’s refreshing. Because as your business evolves, so does ours. We now do more retail, corporate, and event work than ever before. And we love it. Better yet, it rarely follows the same seasonality as the trade show business. June and July are busier. There’s a boost of business in September and October. We all win. Well, except for November which continues to suck.

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Modular Wall Systems

This came up in every conversation with distributors. Of course, it didn’t hurt that I had a case full of Gravitee Modular Wall panels and connectors. 😉 Modular walls are becoming the backbone of rental displays and many modular designs. We’re not naive. There are several systems in the market with a head start. Gravitee will have to earn your business largely through creative purchase designs and Classic Rental Solutions orders.

That said… Every distributor felt that Gravitee was the smartest, easiest, and best engineered modular wall system on the market. Now, that may sound like boasting and hyperbole, but I heard it again and again and again during the visits. No tools. OK. No loose parts. Really OK. No holes. Really, really OK.

We’ll win you over in time. We know that. We encourage you to see us at EXHIBITORLIVE.  We will be featuring Gravitee. And if you are especially nice, you just might get a special treat. But, I’ll save that surprise news once we’re a little closer to the show.

Kick ass my friends. Business is good!

–Mel White
mel@classicexhibits.com
http://www.linkedin.com/in/melmwhite
https://twitter.com/melmwhite
https://www.facebook.com/Classic-Exhibits-Inc-113601405319757

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