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Show Business of the Future is very Different than Show Business of the Past! The Impact of Disruptive Technologies Stephen Nold, Publisher TSNN Chris Justice, CEO Sparksight

Show Business of the Future is very Different than Show Business of the Past!

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Stephen Nold President of Tarsus Advon and Chris Justice CEO of Sparksight describe how three technologies, mobile applications, virtual events and social media are impacting the trade show business model.

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Page 1: Show Business of the Future is very Different than Show Business of the Past!

Show Business of the Future is very Different than Show Business of the Past!

The Impact of Disruptive Technologies

Stephen Nold, Publisher TSNN

Chris Justice, CEO Sparksight

Page 2: Show Business of the Future is very Different than Show Business of the Past!

What is Disruptive Technologies?

• A disruptive technology is an innovation that disrupts an existing market.

• Improves a product or service in ways that the market does not expect

• lowering price or designing for a different set of consumers.

Page 3: Show Business of the Future is very Different than Show Business of the Past!

SXSW

Page 4: Show Business of the Future is very Different than Show Business of the Past!

Examples of Disruptive Technologies

• Telegraph Telephone Cell Phones• iPhone?• Registration– Registration form with check by mail – Fax registration with check or credit card

information – Online registration with credit card

Page 6: Show Business of the Future is very Different than Show Business of the Past!

Event Disruptive Technologies

• Mobile applications• Virtual events • Social media marketing

Page 7: Show Business of the Future is very Different than Show Business of the Past!

Show Organizer Goals

1. Recruit attendees2. Grow community3. Enhance

networking4. Increase brand

awareness5. Recruit exhibitors6. Create value for

exhibitors

7. Generate event buzz8. Drive online

commerce9. Supplement current

marketing efforts10.Conduct research11.Provide online event

connectivity12.Manage reputation

Page 8: Show Business of the Future is very Different than Show Business of the Past!

Four Important trends

• Questioning the Value of Registration• Power of the Community• Losing control of the Supplier/Buyer

Connection• The shift of the attendee attention/interactions– Print to online– Inbox to Social media– Mobile Devices

Page 9: Show Business of the Future is very Different than Show Business of the Past!

The Conundrum of Registration Services

Lead Retrieval + Registration Software = Registration Services

Trend: Questioning Registration

Page 10: Show Business of the Future is very Different than Show Business of the Past!

What suppliers seek?

• A Booth

• Introductions

• Qualified Introductions

• Showcase of Products & Service

• Community Access

Trend: Community Power Shift

Page 11: Show Business of the Future is very Different than Show Business of the Past!

Evolution

• Buyer – Supplier Relationships– Selling show floor space– Introductions on the floor– Relationship building at the event– Relationship building pre/onsite/post event– Relationship building onsite AND online

Trend: Losing Relationship Control

Page 12: Show Business of the Future is very Different than Show Business of the Past!

Where’s Attendo?

• Online– Shift of eyeballs versus advertising $• 82% of readers have moved to online

publications• 32% of advertiser spend have shifted

to online

– Inbox to Social media– Direct Marketing to Inbound Marketing– Walking Show Floors to Virtual & Mobile Devices

Trend: Losing Relationship Control

Page 13: Show Business of the Future is very Different than Show Business of the Past!

Power of Social Media

• Ocean of attendees and exhibitors• Another social media panel – going to scream• Not fundamentals but execution

• Trust of Communications• Friend versus Un friending• LinkedIn Insertion

Trend: Attendee Focus

Page 14: Show Business of the Future is very Different than Show Business of the Past!

Mobile

• Mobile application download• Mobile access• iDevices: pod/pad/phone• Mobile Marketing• Text messaging

Trend: Attendee Focus

Page 15: Show Business of the Future is very Different than Show Business of the Past!

Show Business of the Future

Disruptive Technology• Iterative process: always rethink• Measure• Watch– Markets– Competition– Peers

Page 16: Show Business of the Future is very Different than Show Business of the Past!

Take Away

Change is here to stay as a constant requirement for show managers and event planners to reinvent their floors and conferences, incorporating innovation and new ideas.