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Guide
for Overseas Exhibitors |
Before
the Exhibition>Step1:General Preparation |
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Consider
objectives of exhibiting |
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In order to
reach your goal of increased sales it is important to reach not
only large numbers of visitors but high quality visitors.
First, solidify your objectives. They may be anything from increased
sales negotiations to enhancing employee motivation. The following
steps might help in goal attainment.
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1. Set attainable
goals
These goals may include the following: |
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Finding agents |
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Introducing new products |
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Comparing competitors |
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Expanding present markets |
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Developing new markets |
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Sales promotion in Asia |
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Improving business image |
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Testing products |
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Enhancing brand awareness |
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Implementing new market strategies |
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Maintaining business contacts |
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Motivating employees |
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Client services |
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Collecting Japanese market information |
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2. Plan a strategy to attain those set goals
3. Divide responsibilities to effectively utilize resources |
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staff numbers for all roles and make sure that at least one
staff member is always present in your booth. |
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4. Apply the strategies devised and obtain your planned objective
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Analyze
the target market |
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To ensure success
in the Japanese market, first it is important to ensure that there
is adequate demand for your products. While exhibiting is a wonderful
tool in measuring the demand for your products, it is also important
beforehand to research industry trends, market entry, and competitors
in the market. Much of this information is available from the Japanese
government related sources or your home government. For information
on where to look for Japanese market figures see the following sample
sites.
The Japan External Trade Organization
http://www.jetro.go.jp/ec/e/stat/index.html
The Japanese Ministry of Economy, Trade and Industry (formerly
MITI)
http://www.meti.go.jp/english/index.html
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Consider
perceptions of visitors and exhibitors |
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Of course perceptions
vary between individuals, but there are certain cultural tendencies
in the way trade shows have traditionally been regarded. In Europe
the trade show has a long tradition as the primary engine for engagement
between business leaders forming contracts and performing transactions
sometimes on the spot. The messe is standard fare in the German
business world. This perception of trade fairs as a direct sales
tool has immigrated to the United States and the Middle East in
relatively recent years. In Asia the role of the trade fair is less
as a direct sales tool and more a means of exchanging information
that may lead to potential partnerships. This perception is perhaps
felt most strongly in Japan.
Japanese perceptions include:
A. Forum for collecting information on |
-Industry and market
trends
-New technology/ products
-New trading partners |
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| B. Forum
for exchange of |
-Feelings of solidarity
between trading partners
-Information between exhibitors and visitors (potential buyers) |
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| That said,
Japanese thoughts on the role of the exhibition have in recent years
begun to shift westward, with speedy direct connections becoming
more and more attractive in this general climate of swift change
and increased efficiency in the Japanese business world. |
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Choose
an appropriate trade show |
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| Does its theme
match its exhibitors? Does it offer market opportunities? Is the
timing of this event convenient with production and sales schedules?
Do actual or potential customers show interest in this event? Do
your competitors also participate in this event? Is this event well
managed and clearly identified? What percentage of visitors and
exhibitors are foreign and domestic? |
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Research
current and past visitor information |
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| It is important
to verify that the exhibition you are considering participating
in will help to achieve your goal of increased sales and benefit
your company. Look at visitor numbers and demographics and see how
these figures relate to your current client base. Find out if your
customers are familiar with this trade fair or exhibition. Remember
that quality may be more important than quantity when considering
visitor statistics. Most of this information can be found on the
website and in the show report for each exhibition. |
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| All Rights Reserved,Copyright(C)2005
JAPAN MANAGEMENT ASSOCIATION. |