Thursday, August 7, 2008

Psst... Want to Try a Whatchamacallit ... a "Virtual Trade Show"?

What's in a name after all, you might say. It could make a very big difference. Calling an offering a 'virtual trade show' has serious limitations, not only from a strategic perspective, but also tactically.

The names 'Virtual Trade Show', or 'Virtual Trade Fair', or even 'Virtual Show' or 'Virtual Fair' -- they are all limiting. They limit the market, they limit the vision and they limit the love. Let me expand on that.

These descriptors limit
(a) the market's perception of how they can use virtual event offering,
(b) your perception of the scope of the market that will value your offering, and
(c) your product's design, navigation, features and the capabilities that you can dream up.

You could also end up alienating the trade show industry. We were once told that we needed to bring in an expert from the trade show industry to be in the business of virtual trade shows. We did not because we could not find a single trade show executive who was willing to be associated with a new technology that had the potential to upset their colleagues, and in the process get themselves excommunicated. The term virtual fair or virtual show is easily misunderstood as something that intends to replace the real thing, evoking strong emotions, even making respectable trade show industry leaders say things like "I hate virtual trade shows".

What happens if we change the label?

If we look at what BDMetrics does, it really is a virtual trade show that runs in parallel with the trade show organizer's periodical events. However, BDMetrics labels its virtual trade show as an "attendee personalization technology" and its year-long virtual trade show as SmartPlatform or 365 - their website is not very clear on product names. However, I applaud their approach and the success that they have had with the trade show industry.

BDMetrics has a SmartBooth portal which really is the virtual booth as we have known it. I quote from an article in Expo magazine... "Perhaps the greatest ROI generator is the exhibitor portal, SmartBooth, which is sold as a booth upgrade. The Web-based data-mining tool helps exhibitors to generate more qualified leads by enabling them to define their target market demographics, see how many qualified buyers will be at the show, schedule appointments before the show, analyze their booth performance on site, and receive a post-show list of prospects they missed." (Huh? That is precisely what the virtual booth and the reporting system do.)

BDMetrics, by not calling their offering a virtual trade show, have not only steered clear of all the instintive defenses that trade show industry leaders put up to protect themselves from the phantom threat of their exhibitors rushing out the gate to go virtual, but also has steered clear of the challenges of mental associations that come from the use of the metaphor of a 'trade show'. BDMetrics, from what I can tell has been embraced by some of the leading traditional trade shows such as NAB and Packexpo, which is very impressive. The trade show industry has been so slow at adopting web based technologies, that I am glad someone figured out how to change the label on the virtual trade show and serve an industry that was long overdue for a dose of friendly technology.

The 'virtual trade show' does not really have to behave like a trade show. We have deployed virtual trade shows not only for traditional trade show organizers, but also in several niche applications that were never possible before, never thought of before, and never attempted before. We have deployed virtual fairs that are not trade shows or lead generating mechanisms. The itradefairs that we do often include specialized applications to generate efficiencies in processes through collaboration and content management. Small departments in large companies use the itradefair to showcase themselves to select audiences in remote parts of the globe. Small companies use it to showcase themselves to large companies. Academics have used it to showcase their research to the industry. There are uses that a traditional trade show industry would never have dreamed of because it was never done before on the scale that is made possible now given the available technologies.

In a future blog post we will explore possible ways in which virtual fairs can or ought to manifest with the known state of technologies - because I believe that the name "virtual trade show" is creating limitations on our collective imagination, especially in how it is being visually rendered.

Once you break free of the shackles of the name, you are then only limited by your imagination in the number of uses you can put it to, bridging distances in the nation and across the globe. Maybe we should come up with a new name for this. Or maybe we should simply refer to it the way many of our prospects and customers do... whatchamacallit... an itradefair.

Sunday, August 3, 2008

They Are At Your Virtual Booth! Now What? -- 7 Tips to Make Them Stay.

For a recent virtual trade show, an exhibitor tracked me down and during the conversation he requested me to personally review his company's virtual booth, not just from a technical angle, but also to make recommendations based on our experience with virtual events and the online behavior of virtual attendees. I was delighted to do it, because he cared enough about his company's virtual booth. This blog post is an expanded version of my recommendations to the virtual exhibitor.

Businesses who exhibit virtually often take virtual trade shows lightly. The reasons are mainly organizational. Either it did not create a big enough dent in their budget to get the upper management to take notice and give their blessings, or it was so new to them that they didn't have any one assigned with specific responsibility for the virtual booth. In other words, they did not feel a sense of pride or ownership in their virtual booth. I have seen some of our virtual trade shows attended by some of the biggest names in Corporate America where, unfortunately the virtual booth owners don't take the time to even upload a logo (we are talking of a 'point-click' action here). Of course, as part of our quality-check process, and in order to maintain the integrity and richness of our virtual fairs, we de-activate all incomplete virtual booths prior to showtime. Virtual exhibitors need to have sufficient skin in the game.

Assuming that you are a virtual exhibitor with sufficient skin in the game, listed below are 7 tips to make your virtual booth stand out in the crowd.

  1. Avoid cool tag-lines - they may turn cold: Start with the premise that no attendee has the time to figure out what your company does. Your company logo and tag-line may be really cool and cryptic, but remember that you have a few seconds or less to let them know what you can do for them. Spell it out. There is no time for guesswork. Virtual attendees often go from virtual booth to virtual booth - like channel surfing by a TV viewer, even if they use a search engine to narrow down their choices. Therefore being crisp is critical. It is a problem when a virtual booth sports an elevator pitch that says "Our unique solutions leverage our exclusive intellectual property and proprietary technologies to help our customers drive growth and attain operational efficiencies. We deliver and sustain guaranteed value while our entire suite of solutions exists to deliver results. We have delivered hundreds of successful strategy, planning, implementation and optimization projects with extraordinary results and outstanding client references".
  2. Name-dropping is fine: When online attendees see names of familiar companies among your customers, they enter a comfort-zone and tend to linger for a bit. On the face of the booth, consider listing the top customers who work with you.
  3. Don't be camera-shy: Use videos in your virtual booth. The technology to add videos easily to a virtual booth has been around for quite some time. Camcorders are getting easier to use. Carry it when you go to meet your customers, your engineers, and your company leadership. Record personal messages from them (not exceeding 2 minutes in duration). Let others sing your praises for you on your virtual booth.
  4. Leaving no nuts & bolts unturned: Keep the technical experts available on booth chats. An online visitor must be able to obtain not only the marketing messages but also get answers to deeply technical questions instantly. A virtual fair is all about instant gratification - even from technical experts behind your products or services.
  5. Give your nearest and earliest location: Your virtual booth needs to tell virtual attendees where they can meet you and your team face-to-face. Are you going to be at an upcoming industry conference? How about listing your upcoming event schedule. Steer your virtual attendees towards an action, a sales call or an in-person meeting.
  6. Shower them with unconditional love: Consider sending a gift to every virtual attendee who passes by your virtual booth. Imagine a virtual booth that screams "Thank you for stopping by. Lunch is on us!" and offer to send them a free gift card to 'some national restaurant chain'. Or some other gift to show your appreciation.
  7. Avoid gimmicks: We used to offer virtual exhibitors the ability to automatically pop-open a chat window every time a virtual attendee lingered at a virtual booth for more than 30 seconds -- until we heard complaints ranging from "annoying" to "unnerving" and "spooked me out". It was perceived as a gimmick, even though it was offered with the best of intentions to help our exhibitors be proactive. Treat your virtual attendees as you would at any real trade show attendees. Avoid gimmicks that could hurt your brand. Be courteous, stick to the theme of the overall trade fair (if it is a consumer electronics fair, there is no point in pushing your industrial products), and be mindful of how you use the time and fleeting attention that the online attendees are giving your virtual booth.

There are some more do's and dont's that come to mind, but the above 7 are generic enough in that they apply to virtual exhibitors everywhere no matter which technology platform they embrace.

The online behavioral patterns of website traffic do not usually apply to virtual event traffic. The reason being, attendees usually come into a virtual fair based on a theme, as against a brand of a particular exhibitor. Either they are trying to research a product line or an industry, or seeking to fulfill a specific need and want to check out several exhibitors with similar offerings by going through a structured navigation process. The online attendee is not necessarily there to look at a specific exhibitor. That makes it imperative that virtual exhibitors learn how to put their best virtual foot forward.

Wednesday, July 30, 2008

Universal Road Signs for Web Navigation

A talented boutique ad agency and design studio, EntirelyCreative run by our friends designer Jenette McEntire and photographer Paul McEntire came up with this tagline for iTradeFair.com. Every time I used to put this image ("Business As Usual Has Left the Building") up on the big screen at presentations, it would bring a smile to many members of the audience.

Many cultural nuances can't be translated globally. It takes an Elvis fan to enjoy such tag lines.

Language Translation for a Global Audience

Which brings me to the topic of translations for a global audience. Today, I watched a very crisp webinar (and I am no fan of webinars because usually they are a cure for insomnia) in which the slides presented by Bryant Shea of Molecular were not only beautiful, but also right on - he let the pictures imprint into our minds the story that he was telling. The topic was about creating global websites. He touched upon cultural differences, language differences and time-zones.

In our business, we encounter global audieces all the time. This blog gets visitors from as far away as New Zealand and Australia. A trade show that we did for a telecom giant had exhibitors from 17 states in the USA and attendees from 6 different countries outside of the U.S.

To borrow from Seth Godin's post, is it a toothache?

Sometimes we wonder if it is worth the investment in making every virtual trade show booth speak a different language. A virtual trade show is almost like a collection of many websites. One virtual tradeshow can have visitors from several countries with several native languages. When will the market bear the cost of such translation? Is it a toothache that needs to be fixed immediately? I am not so sure.

Lingua Webnaviga

We got an inquiry from China about a virtual trade show and in the 4th or 5th round of discussions they asked about a translated version - seemed almost like an after-thought. Alibaba, the famous site for global trade uses English, to the best of my knowledge, even though the English you would encounter rewrites all rules of grammar and pronunciation. It gets the message across and it gets the job done. Sometimes it even makes one smile, because some of the foreign usage of English seems so logical, one begins to wonder if English should start changing itself to adapt to global needs.

For the most part, since a majority of the content in a virtual trade show or other virtual fair is user-generated and user-uploaded, our system renders the content in the language of submission and in the format of submission. As far as our platform itself goes, it is so intuitive that the language may not matter.

Universal Road Signs

Isn't there a better way to handle this challenge? With web traffic leaning towards audio and video, could the web rely on a system of symbols and signs made to some standards that are universal. Almost like road-signs? Incidentally, I chanced upon this interesting collection of U.S. road-signs. Going through the signs, it makes so much more sense to come up with a library of universal symbols for web-navigation.

I am not fully convinced that translation of the web into local languages is mission-critical for our business of virtual fairs. English is quite common even if it comes in various accents and if it morphs from country to country. Don't hold me to that view though. A few months from now, we might be buried in a project that necessitates extreme personalization across the globe. That would almost certainly include language translation even if in a limited fashion - or we just might start creating a set of symbols and see how global audiences in our virtual fairs react.

Can Virtual Trade Shows and Virtual Job Fairs Save Newspaper Classifieds?

This topic seems relevant, going by the number of newspaper companies that have been contacting us for virtual job fairs. My understanding is that the newspaper industry is trying to find out ways in which the virtual trade show or the virtual job fair can be bundled into their existing offerings, and sold as a package to their advertisers, thereby lending support to their classifieds business.

It would be pertinent here to recount a failed experiment with a virtual job fair that was used by a publisher, leaving us with valuable lessons that I want to share. Our technology worked flawlessly (of course!) and minor customization was done to accommodate their needs. However, the virtual job fair was continuously up on their site, making it difficult for the publisher to explain to their advertisers how it was different from the traditional classifieds. I also believe it was an issue of not being able to articulate the cost-benefit of doing virtual job fairs versus or alongside classifieds for their particular industry. Here is the case study in an itemized style:
  • Publisher approached us for virtual job fair
  • Specifications included a permanent virtual job fair, with the ability to purchase time-slots of virtual booth display-duration in monthly increments
  • Real time reporting (it is a built-in feature that we offer, but we also customize it for long-term clients)
  • A built-in payment system (it was already there)
  • Consultation on best-practices in virtual fairs
  • Online support
  • A early set-up fee and ongoing revenue-share
  • The ability to walk away if it is not embraced by their market (we allow customers the ability to walk away with their data, regardless).

The things that the publisher did successfully included:

  • Packaging the service in convenient bite-sizes for advertisers
  • Giving advertisers special bundled offerings and term-discounts should they book virtual booth space for extended durations
  • Sold booth spaces at a fairly low price, but much higher than the traditional classifieds.

The things that the publisher failed to do included:

  • Failed to slice the duration into meaningful events
  • Failed to distinguish between classifieds and virtual job fair.
  • Failed to set the right expectations with advertisers, and therefore did not meet them
  • Failed to set pricing at the basic level equivalent to the competing classifieds
  • Failed to offer differentiated levels of the virtual job fair service
  • Failed to understand its international potential (months after we shut down their virtual job fair, our support lines still used to get inquiries from Europe and Australia by job seekers and potential advertisers)
  • Failed to either follow-through on the connections made, or track success stories, or promote them, or failed to do all three of the preceding.
Citing the reason that the concept of virtual job fair was too early for their particular industry, the publisher eventually pulled out of the virtual job fair once they found a significantly diluted web-based classifieds solution, which they offered to their advertisers to display classifieds. We make it easy for customers to exit with their registration data should they choose to, so it was a smooth transition. I admired the publisher for being a trendsetter, but they had not really broken away from the 'classifieds' mindset.

How can Virtual Fairs Save Newspaper Classifieds? Here are a few possible answers.

  1. Offer audiences a branded experience from your advertisers: A virtual job fair is a powerful branding tool, even if it is not embraced by every job classified advertiser. Those who choose Craigslist.org can not be stopped. That is just the way it is. However, if a hiring organization is serious about quality future hiring, then they would do what I have seen many companies do - use not only Craigslist.org, but also consider other ways of nurturing an audience of followers who will be future employees. To attract such an audience, they need the help, not only of the Internet and social networks, but also of traditional newspapers.
  2. Experiment fearlessly outside the comfort zone of the 'Classifieds' mind-set: It is up to the newspaper companies to listen and experiment fearlessly with these new tools. I use the word 'fearlessly' because presently all I see them do is put a few logos and link them to special pages for the logoed advertisers listing job openings. That is what I have seen a classifieds technology provider offer their newspaper industry clients. They call it a virtual career fair, though. That again stems from the fact that virtual job fairs have no standards, and no definition. Over a period of time, I expect the market to settle and agree upon definitions.
  3. Stay at the wheel and keep your eyes on the road: The other problem I see festering is that virtual job fair users think that 3D-type immersive experiences maketh a virtual fair. Agreed, it needs to be fun, but do not forget the human element. It does not matter how you dress up your virtual fair. If it does not have real humans steering the experience from their individual locations, you are headed down a path of disillusionment for your advertisers, your audiences, and your classifieds. No matter what kind of virtual fair you use, make sure that it has real people behind it available for its live-duration.
  4. Qualify the traffic: One size will not fit all. A virtual fair may not be the cure for all ailments that afflict newspaper classifieds, but in our experience virtual fairs have worked really well in controlled environments because they do what nothing else can do - they allow for instant communication in a structured manner. They allow exhibitors and hiring managers to see who has come by their virtual booth. From the attendees' perspective, they allow exhibitors or advertisers, or hiring managers to hand-hold their audiences. They give audience members undivided attention. Making audiences register is one of the smallest necessary hurdles that are required to qualify an audience. I can not over-emphasize the importance of qualifying the attendees for a virtual fair. Sweeping and gathering eyeballs off the web don't make for a quality virtual trade fair or a virtual job fair.
  5. Give it time, promote it and nurture it: Newspapers have to learn to co-exist with the Internet. Virtual job fairs might be one way. I would strongly suggest that newspaper companies try virtual job fairs (or virtual trade fairs -- say a Used Car Virtual Trade Show) for 4 consecutive quarters. For kicks, advertise your virtual job fair or trade fair on CraigsList and Google. Promote it like there is no tomorrow for the current classifieds.
The debate has just begun. Virtual fairs are among the better kept secrets in the world of business. Those who use it successfully do not talk about it enough. They could be the answer that newspaper companies are looking for in learning how to make their classifieds coexist with the Internet. It would be interesting to see the results of the contest by ReinventingClassifieds.com and to learn about other ideas from the college-goers - always a valuable resource.

Thursday, July 24, 2008

3 Reasons why Virtual Trade Shows Can't Afford to Lose the Personal Touch

Virtual trade shows can't afford to lose the personal touch. Here are 3 reasons for this statement:
  1. Save your show, grow your brand: With email filters and spam fighting tools getting more and more aggressive, email invitations, automated responses, email alerts and notifiers sometimes do not reach the intended recipient. I am told they simply get vaporized. In a corporate trade show for a very large Fortune 100 company, we sometimes offer to follow up on their initial emails with one or two people on the phones. All that our people do is call the intended recipient, and ask them if they have received the invitation email or alert email, and if they have had a chance to read through it. We do it mainly for those who have been invited to exhibit but failed to register. The response on the phone usually is one of gratitude for the follow-up, and often goes as follows: "I have so many emails, I know I have seen it but would you mind re-sending it to me right now while you have me on the phone so that I can go over it with you." or "I am sure I did not receive your email. Let me get your domain white-listed so that I receive future emails from you". In most of these closed-corporate virtual trade shows that we do for our producer-clients, the exhibitors would do anything to get the opportunity to exhibit and get in front of those corporations. The personal touch does wonders for the trade show and more importantly, for our brand.
  2. Our natural craving for human contact and reassurance in unfamiliar surroundings: In two recent virtual trade shows as I monitored the support lines and the communication process, we learned that when an online exhibitor or attendee is not very familiar with how standard Internet experiences work, then it is best to have a member of the support team pick up the phone and call them. We had a situation where the online support was very responsive over an exchange of 4 emails, but what could have been resolved in a 5 minute call, later took an hour because the online exhibitor was pining to hear a reassuring human voice on the phone.
  3. Leveraging crowd-surf: Something that I have seen work wonderfully well is to have one dedicated live chat room for Customer Support during live online events. Put a few support folks on it from your side to listen in and answer questions. Let it be the place where people can come and publicly post messages for help. There is always a small percentage of visitors who are either rushed or not familiar with online environments. When they post a question, often other online attendees answer them to help them out. From a support-perspective, it is akin to addressing a crowd in a room and letting the crowd's own dynamics form an informal safety net that carries the event forward successfully. It gives you the opportunity to have your ears on the ground and look for areas of navigation that are not intuitive, and guide the crowd collectively or through a private chat message. It gives you the ability to know if there are technical problems in environments that your testing process did not factor in.

In virtual trade shows and other forms of virtual fairs even though it is common for people to not be surprised if their requests are not answered swiftly, if you want to distinguish your event-brand, then give it your personality. Keep it real, and keep it as personal as possible. The Internet is just an efficient medium that connects real humans seeking to interact with one another. Do not take away the human element.

Wednesday, July 23, 2008

IM sorry

Yesterday, we had a live trade show held entirely online for a large group of businesses. It was attended by visitors from as far away as the United Kingdom. A virtual trade show is a combination of several elements, many features and web-based tools. They all have to work in unison; they have to flawlessly, predictably and simultaneously. Among the more prominent features is the instant messenger (IM) at the virtual booth. Many of our clients simply call it the Booth Chat. This allows a live interaction between the booth hosts and the attendees, one of the crucial elements of any event.

The booth chat requires no downloads. Which can sometimes be a problem, because we do not take control of the online visitor's browser and their computing environment. That is a choice we made, and we are trying to stay true to that choice. It allows for easier participation by any attendee without requiring special permissions from the Corporate IT staff for download of a plug-in etc.

For 3 exhibitors the chat feature did not function well (even if it were 1, that's unacceptable). This started happening right when the event went live. On the rare occasion, one learns of system incompatibilities in live environments - this was one such occasion - they are difficult to predict and difficult to recreate swiftly, especially with the Internet being as dynamic as it is, and amid the ticking clock of a live online event. The event was in live mode for 3 hours. Trouble-shooting during a live event environment is like trying to figure out why your parachute is not opening in the midst of a free-fall.

While although exhibitors and attendees have a variety of other tools to exchange meaningful information and leads, the Booth Chat happens to be the most popular and visible feature for instant gratification. When the UK visitor chatted online with US based exhibitors they all were delighted. So there is something special about the bond-building capability of the online chat, even though this may seem primitive to the modern web users who routinely play with a lot more interactive and immersive technologies than good old text-chat.

When a booth chat feature in a virtual booth hiccups, it is like a smooth flight interrupted by severe turbulence. Even after a safe landing, one tends to remember the turbulence when one's life flashed before one's eyes.

All 3 affected exhibitors were very gracious and understanding of the quirks of the Internet and our tireless efforts to get to the bottom of the issue to see if it was something specific to the user's system. One exhibitor did not mince words when expressing their frustration. We deserved it -- this morning we have been revisiting our processes. They are time-tested, but obviously not infallible.

Live Booth Chat is just one of many features, so its stalling does not render the virtual booth useless, but a live trade show is not a good time to explain that, lest it be misunderstood as an excuse for the malfunction.

We suggested a simple workaround, while we went back to investigating the issue, and finally resolved it by the end of the day. We kept the exhibitors and the event producer updated on the issue. Our client was very gracious with the reaction that "the good thing is people will still get the contacts and follow up in real time at another occasion.They are part of the technological future. At least we did not lose anyone in “space”... think of how the astronauts feel who put their life on the line."

This perhaps unintentional use of the space-mission metaphor is right on. No one gets lost in cyberspace with our system because even if the chat had a hiccup, their footprint is tracked and available to the exhibitor.

We have offered yet another live-day for the event at no cost. We are revisiting our event-rollout process. We appreciate every programmer's work that has gone into the making of our software, running it and resolving any technical issues. Keeping up with the changes in internet environments is no mean task. We appreciate the patience of the handful of exhibitors who faced Booth Chat issues, and know that we will find a way to make it up to them in the near future. Virtual trade shows are breaking new grounds, so we appreciate your taking this journey with us. To all, we extend our apology, and take this as yet another lesson learned as we continue to grow.

Feedback Button on the Forehead

While humans have their feedback buttons in the form of ears on either side of their face, that does not work for websites.

We always try to find an unobtrusive way to place a feedback button right on the forehead of our virtual fairs.

Nothing fancy, no forms to fill. Just a Feedback Button.

One click on the feedback button, and it launches an email from the user's email client. When sent, the email comes straight to our assigned support line for that particular virtual fair. It is the most used mechanism for feedback.

What is interesting is that even though we have a password retriever which shoots back the password in an email to users, they sometimes still prefer to use the Feedback Button to ask for their passcode. From their perspective, it is painless and there is no guesswork -- no wondering about what the next screen will show. The Feedback Button launches an email on their own client, which probably gives them a feeling of greater control. They will now have a proof of sending the request right in their Sent Box.

Simplicity rules.