Outdoor Retailer Plans Cost Savings for Upcoming Shows


The organizers of Outdoor Retailer sent out a letter
addressing a number ways its reduce costs and improve the value of its trade show
for both exhibitors and attendees. The letter also
summarizes key results from a January 2009 survey of more than 1,500 outdoor
specialty retailers with findings that demonstrate OR's value to its attendees
and exhibitors.

 

“We know it’s a tough business climate and your
entire marketing budget is under scrutiny,” wrote Joe Flynn, VP, Nielsen
Sports Group, and Kenji Haroutunian, Outdoor Retailer Show Director, in the
letter. “Return on investment of your tradeshow dollars is more important
than ever to you and your customers. We want to share some of the steps we are
taking to benefit all tradeshow attendees – reducing the total cost of participation
while providing high value benefits for attending.”

 

On the cost side, the letter spelled out a number a ways
the trade show around boots, hotels and other areas. These include:

 

• Discounted Booth
Rates:
OIA members will receive booth rate discounts of 5% in 2009, 8% in
2010 and 10% in 2011.

• Affordable Hotel
Options:
An expanded hotel room block that the organizers say offer a
savings of  30% or more compared to rooms
outside the block or at other major convention city locations.

• Controlling
Drayage Costs:
Since the Salt Palace is a non-union facility, the OR said it was
able to negotiate labor and material handling rates that are as much as 50%
less than union facilities in other cities such as Denver
and Las Vegas.

• Reduce T&E: The Open Air Demo has returned to
a one day event to reduce exhibitors travel, meals & staffing expenses by a
full day

• Cost Effective
Booth Options:
OR
said it has programs to help exhibitors reduce booth costs through turnkey exhibiting
solutions and other options that can save thousands of dollars on booth
development, shipping, labor setup and tear down costs.

• New Boat Loft
displays:
To help paddle boat makers manage
the cost for exhibiting their boats, OR now provides the option to display
boats in the dedicated Boat Loft section as an affordable extension to their
floor exhibit. This is new for Summer Market 2009.

• Cash Flow
improvement for WM10:
For Winter
Market
2010, OR
has 
reduced the initial deposit required for booking space from 25% to
15%.
member OIA
Member exhibitors will receive flat main floor pricing to 2009 levels.

 

In working to improve
the “value proposition” for buyers and sellers
OR said it has invested in new
show planning tools to aid buyers with time management before and during the
show. It also said it has continued to refine the Village and Zone concepts to
meet the buying/merchandising needs of retailers, and is also expanding its winter
sports demo at Snow
Basin
.

 

The organizers also
touted the continued benefits of Salt Lake City's transportation systems all
free with the OR badge as well as the trade shows
• Project OR and Design Center
exhibits,

 

Finally, the letter
highlighted the results of a survey by
Outdoor Retailer, in coordination with the OIA, of over
1,500 outdoor specialty retailers taken in January 2009. Key findings include:

• 76% of attending retailers wrote orders onsite at the
show.

• 87% of attending retailers found new suppliers.

• 82% of those that placed orders wrote for the same
amount or greater than in 2007.

• 91% of attending retailers indicated they were very
satisfied or satisfied with their show experience

 

“As the pace of change in business continues to
accelerate, changes to the value propositions of tradeshows also must keep pace,”
concluded Flynn and Haroutunian in the statement. “We at Outdoor Retailer
strive to listen, monitor and measure our success through the success of our
clients and the outdoor marketplace. While the changes and benefits in this
letter provide a sampling of steps we have taken to improve the value of your
participation in the show, be assured we relentlessly strive to better serve
you and your business needs. We know the show can be a catalyst for the future
success of your business, and constantly strive for ways to serve the market
better and grow the business for all who participate.”

 

 

Outdoor Retailer Plans Cost Savings for Upcoming Shows

The organizers of the Outdoor Retailer Show sent out a letter detailing a number ways it's reduced costs and improved the value of its trade show for both exhibitors and attendees. The letter also summarized key results from a January 2009 survey of more than 1,500 outdoor specialty retailers with findings that demonstrate the OR Show's value to attendees and exhibitors.

 

“We know it's a tough business climate and your entire marketing budget is under scrutiny,” wrote Joe Flynn, VP, Nielsen Sports Group, and Kenji Haroutunian, Outdoor Retailer Show Director, in the letter. “Return on investment of your tradeshow dollars is more important than ever to you and your customers. We want to share some of the steps we are taking to benefit all tradeshow attendees “reducing the total cost of participation while providing high value benefits for attending.”

 

On the cost side, the letter spelled out a number a ways the trade show around boots, hotels and other areas. These include:

 

  • Discounted Booth Rates: OIA members will receive booth rate discounts of 5% in 2009, 8% in 2010 and 10% in 2011.
  • Affordable Hotel Options: An expanded hotel room block that the organizers say offer a savings of  30% or more compared to rooms outside the block or at other major convention city locations.
  • Controlling Drayage Costs: Since the Salt Palace is a non-union facility, the OR said it was able to negotiate labor and material handling rates that are as much as 50% less than union facilities in other cities such as Denver and Las Vegas.
  • Reduce T&E: The Open Air Demo has returned to a one day event to reduce exhibitors travel, meals & staffing expenses by a full day
  • Cost Effective Booth Options: OR said it has programs to help exhibitors reduce booth costs through turnkey exhibiting solutions and other options that can save thousands of dollars on booth development, shipping, labor setup and tear down costs.
  • New Boat Loft displays: To help paddle boat makers manage the cost for exhibiting their boats, OR now provides the option to display boats in the dedicated Boat Loft section as an affordable extension to their floor exhibit. This is new for Summer Market 2009.
  • Cash Flow improvement for WM10: For Winter Market 2010, OR has  reduced the initial deposit required for booking space from 25% to 15%. member OIA Member exhibitors will receive flat main floor pricing to 2009 levels.

 

In working to improve the “value proposition” for buyers and sellers OR said it has invested in new show planning tools to aid buyers with time management before and during the show. It also said it has continued to refine the Village and Zone concepts to meet the buying/merchandising needs of retailers, and is also expanding its winter sports demo at Snow Basin.

 

The organizers also touted the continued benefits of Salt Lake City's transportation systems all free with the OR badge as well as the trade shows' Project OR and Design Center exhibits.

 

Finally, the letter highlighted the results of a survey by Outdoor Retailer, in coordination with the OIA, of over 1,500 outdoor specialty retailers taken in January 2009.


Key findings include:

  • 76% of attending retailers wrote orders onsite at the show.
  • 87% of attending retailers found new suppliers.
  • 82% of those that placed orders wrote for the same amount or greater than in 2007.
  • 91% of attending retailers indicated they were very satisfied or satisfied with their show experience

 

“As the pace of change in business continues to accelerate, changes to the value propositions of tradeshows also must keep pace,” concluded Flynn and Haroutunian in the statement. “We at Outdoor Retailer strive to listen, monitor and measure our success through the success of our clients and the outdoor marketplace. While the changes and benefits in this letter provide a sampling of steps we have taken to improve the value of your participation in the show, be assured we relentlessly strive to better serve you and your business needs. We know the show can be a catalyst for the future success of your business, and constantly strive for ways to serve the market better and grow the business for all who participate.”

 

 

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