IAEE Industry Overview Presentation
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Transcript of IAEE Industry Overview Presentation
Exhibitions and EventsThe Industry that Brings Buyers and Sellers Together
presented by:
www.iaee.com
Exhibitions and events have existed for thousands of years.
References to fairs in the Bible. Connections between fairs
and holy days. Fairs educate the public. Fairs continue to evolve.
Exhibitions and events serve basic business goals and needs.
Bring buyers and sellers together
Display products/services
Educate
Networking
Meet
See
Learn
Discuss
Buy/Sell
EXPERIENCE
Elements of an Exhibition/Event
A typical exhibition may also include: General learning sessions Receptions Awards presentations Industry keynote speech Workshop education sessions Board of Directors and other
committee meetings Recreational activities such as golf
and tennis
Exhibitions drive economic impact.
Exhibition
U.S. Economic Impact
Direct Spending = $122.31 billion Direct Taxes = $21.4 billion Direct Employment = 1.71 million jobs
Source: 2005 Economic Impact Study released by the Convention Industry Council
More Than 13,000 Exhibitions
According to the Center for Exhibition Research (CEIR), a not-for-profit exhibition industry research organization, the exhibition industry comprises 11 key industry sectors.
The basis for this universe is the Exhibition Industry Census, which catalogued over 13,000 events with at least 3,000 net square feet of exhibit space. Approximately 10,000 events are business-to-business exhibitions and the remaining 3,000+ events are business-to-consumer shows.
Business-to-business Exhibitions
Source: 3rd Annual CEIR Index
Industry Sector
Professional Business Services
14%Sports, Travel,
Entertainment, Art and Consumer Services
9%
Raw Materials and Science
8%
Transportation4%
Medical and Healthcare24%
Communications and Information Technology
13%
Government, Public and Not-for-Profit Services
12%
Consumer Goods and Retail Trade
6%
Food4%
Building, Construction, Home & Repair
2%Industrial/Heavy Machinery and Finished
Business Products4%
The Places to Be
Rank Host City
1 Las Vegas, Nevada
2 Chicago, Illinois
3 New York, New York
4 Toronto, Ontario, Canada
5 Atlanta, Georgia
6 Orlando, Florida
7 Boston, Massachusetts
8 Washington, D.C.
9 Dallas, Texas
10 San Diego, California
Source: Tradeshow Week and Reed Business Information “Tradeshow Industry Outlook”
The Global Picture in 2008
Source: Meetings & Conventions magazine’s “2006 International Meeting Planner Survey”
Region Corporate
Planners
Association
Planners
Europe 50% 55%
Canada/Mexico 42% 40%
Caribbean/Bermuda 29% 22%
Asia 26% 22%
Central/South America 15% 20%
Australia/New Zealand 13% 10%
Middle East 7% 7%
Africa 6% 9%
Technology is enriching the exhibition and event experience.
Technologies now allow attendees and exhibitors to schedule appointments in advance of the event.
Matchmaking software allows buyers and sellers to find each other before, during and after an event.
Lead retrieval programs permit exhibitors to obtain live-time demographic data about buyers who visit their booth.
Email marketing helps build interest and attendance.
Online marketing and commerce build sales.
Webcasts, podcasts and streaming video extend information to audiences beyond those who attend and extend the life of the show.
Nothing rivals the power of face-to-face.
There is obviously something powerful that makes all of us crave the face-to-face experience.
Exhibitions are clearly the most dynamic way that buyers and sellers can communicate with each other.