A lot of the attraction of industry events is that attendees can see everything under one roof. The umbrella event. All things to all people.
Oops, maybe that last sentence goes too far…and a good thing becomes a bad thing.
Its important to frequently think about the event in terms of each audience that attends. Maybe you cater a bit to the largest groups, or to the most qualified/most attractive to exhibitors. But there’s gold in other segments as well.
Robin Raskin created a new show within a show at CES by targeting aging boomers with the Silver Summit. As reported in Expo’s May 2009 issue, she promoted the concept to 25 companies that had products for people over 50, created specialized content, and partnered with AARP. Audience tracking was woefully lacking, so unfortunately we cannot tell how many people came to the event (though it was packed), or how many people came to CES especially because of this new area (though half of the 1500 survey respondents said they did).
How many key segments can you identify within your event that deserve special programing and focus? [Boomers aren't a bad place to start!] The benefits are enormous:
- A segment of current attendees that are even more devoted to the event
- New attendees who come specifically because of the new area
- Incremental revenue, both from new exhibitors and from second booths from existing exhibitors
- New sponsor partnerships
- Keeping the event vital and recharged
- Extra press attention
- Eliminating one more opportunity for a competitor to create a show that leaches off your audience