Professional Documents
Culture Documents
information from the attendes through post-show evaluation in order to evaluate their own
performance and guide their future improvement endeavours. Thus, there is a great
demand for studies conducted from the organizers perspective to shed some light on how
to provide a better platform and attract more exhibitors and visitors to trade show.
We have selected Evaluation of Nepal International Trade Fair 2012
Performance as topic for our study to know whether the Nepal International Trade Fair
2012 Successful or not. We have analysed what are the differentiated activities that leads
to the success of the trade fairs and how it should be carried out. In general, there is a
tendency of giving attention only to the pre trade fairs and on fairs and the organisers tend
to relax after the trade fair comes to an end. We have also explored the importance of
activities to be carried out on post trade fair for the success of the trade fair. The proper
plan for arranged booth, the decorations, clean paths, security, promotion, sponsors,
supporting staffs, power, water, food and other side entertainment shows also help to the
success of the trade fairs. The exhibitors (company/firms/industry/association/agencies
who exhibit their product or services in the trade fair) are always difficult to satisfy but the
attention on their demands and the extent to which the organisers can actually get close to
their satisfaction plays a great deal on the success of trade fairs.
Targets that are set should not be close to achievement. The tough is the
targets; the more great is the performance. So, the analysis of NITF targets and the
element of achievement on that target are covered in our topic of study and how this
achievement have or havent helped in the success of trade fairs. Trade fair is not an
on spot trading place. It is a platform for the suppliers and vendors to know about
the products on the host country and to supply those products to their home country.
Information exchange at trade shows helps exhibitors choose better trading partners,
reduce legal and contracting costs, and decide which parts of the business can be
outsourced or kept in-house (Hansen, 1999). We have also determined the effects of
NITF on the trade part of the Nepal. The evaluation of the performance of exhibitors
during the trade show and try to shed some light on what the exhibitor has spent on
and gained from the trade show and whether or not it is worthwhile to attend the
same show next year.
Limitations:
Due to the time factor, this report doesnt include all aspects of our topic
of study.
We did not find any books or literature in the library about the Nepalese
trade fair, so our topic of study is limited.
3.3. METHODOLOGY
Methodology is the set of methods and principles that are used when studying particular
subjects or doing particular kind of work. This section focuses on the research
methodology and how it was applied to variables covered in above section.
3.3.1. Method of data collection
Data collection is an essential method for the study of the project. We have used both
primary and secondary method of data collection.
Primary Data:
Primary data, which we have generated using the following methods may be qualitative in
nature or quantitative. These data are collected for the analysis of our topic of study.
Among many methods of collecting primary data, we used the following:
a.
Observation:
As we were the part of NITF 2012, we could observe the visitors, exhibitors and
organisers actions and reactions. This methods doesnt provide us with the quantative
data but helped us to analyse our topic of study.
b.
Questionnaire:
We generated three typed of questionnaire which was addressed for visitors, exhibitors
and organisers. These questionnaires were distributed to the visitors and exhibitors on
the event for the analysis of differentiated activities on the fair. And the questionnaires
for the organisers were distributed after the event for the evaluation of how the event
went.
c.
Interviews:
We generated a few questionnaires for interviewing the organisers about how the fair
went and were they satisfied with the results. These data helped us to know their targets
and expectation for the fair and to find out if they have been fulfilled.
Secondary data:
Secondary data is the data that has already been collected by someone else for a deferent
purpose. Among the secondary data, we used the following
a.
Among the paper based sources we used FNCCI directories, reports of other trade fair,
records of FNCCI, newspaper articles posted about NITF2012, brochures of NITF 2012
which helped us to collect the data to analyse our findings.
b.
Electronic sources:
Among the electronic sources, we used google.com, website of FNCCI, online database
of FNCCI to collect the data to evaluate our findings.
Table 1: Strength and weakness of each kind of evidence collected.
Source
Documentation
Interviews
Strength
Stable
Weakness
Irretrievability
Exact
Biased selectivity
Board coverage
Reporting bias
Unobtrusive
Targeted
Bias
due
to
poorly
constructed questionnaire
Observation
Insightful-perceived
Response bias
casual inferences
Reality
Contextual
Selectivity
Reflexivity
Cost(Travelling)
Source: (Yin, 2003)
The visitors to the trade fair were from India, Nepal, Bangladesh, China, Japan,
Pakistan, Bhutan, Germany. Among them, the Nepalese vsitors were maximum and
beside Nepal, there were visitors from neighbouring country India. So this figure shows
that there wasnot large international visitors as expected by the organisers. In this
competitive environment, the organizers need to guarantee the trade shows potential to
attract a large numbr of visitors and to accomplish this objective, they need to discover
the criteria underlying the decisions of potential visitors. From the exhibitors
perspective, moreover, it is crucial to understand to motivations behind the visitors
decisions to attend TSs, since exhibitor-visitor interaction is the key factor in
determining TS success.
The above figure shows the level of satisfaction of the visitors and the exhibitors.
This survey finds out that the visitors and exhibitors werent highly satisfied as expected.
The exhibitors couldnt meet their expectation with the management of the exhibitors, the
number of visitors.
3.4.2. FINDINGS:
Organising a trade shows is an achievement in itself. The main stakeholder in the
exhibition is EO, exhibitors, visitors or trade buyers, exhibition centres, and decoration
contractors. The other services providers are freight forwarders, transport and travel
agents, hotels, conference organisers, public relations, and promotion agents. Lui (2006)
showed the relationship between EO and other stakeholders below. The main objective of
an exhibition is to create business between the exhibitors and trade visitors or trade
buyers. Lius (2006) figure showed the strong relationships between EO and exhibitors,
visitors,
And exhibition centres. Likewise, between exhibitors, decoration contractors and other
stakeholders. Outside the main core, there are the government supporting and regulating
authorities, public service, middlemen and agents. Public service includes customs,
inspection and regulatory authorities, commerce and industry, police and security, fire
department and urban administration.
Government
Public Services
Exhibitio
n
Organizer
s
Exhibitor
s
Customs
Buyers or
Visitors
Other
Stakeholders
Decoratio
n
Contractor
Exhibition
Center
Inspection
and
Regulatory
Authorities
Commerce
and
Industry
Police and
Security
Fire Dept.
Middlemen and
Agencies
Main Objective
Strong Relationship
Relationship
Some Relationship
Urban
Administrat
ion
2)
3)
Industrial
Influences:
Number of total
competitor
Number of new
competitor
Stages of industrial Life
Cycle
Company Influences:
Annual sales volume
Number of customers
Customer
concentration
Technical complexity
of products
Show performance
Selling function
Non-selling function
Environmental Influences:
Competitors in the market.
Competitors in the trade show.
New competitors in the trade show.
Present channel members at the show.
New channel members in the show.
Number of existing supplier at the
show.
Number of new supplier at the show.
Number of visitors.
Quality of visitors.
Life cycle stage
Company Influences:
Annual sales
Number of customer
Customer concentration
Product complexity
Trade show budget
Trade show cumulative experience
The value of continuation to the
Exhibiting company
The geographical emphasis of the
company
Width and length of available
product line.
Show performance
Sales
Intelligence
Supplier contacts
Phychological Objective
Booth management
Width and length of exhibited
lines
Show budget
Availability of new products
Booth quality
Booth management
Show objective
The studies of exhibition performance from visitors perspective focused on their buying
motives and behaviour during the show. This knowledge has been used mainly to improve
exhibitor selling strategies. Visitors to a trade show are different then visitors to a
consumer show. Trade show visitors are not that much concerned about spot purchases of
promotional and discount goods. Their major motivations behind exhibition participation
are to gather information about market access, new products, potential suppliers and
alternative purchases.
The studies of exhibition performance from the exhibitors perspective focused on selling
goods, including those on exposure to exhibits, booth contact, overall sales, awareness of
new products, tactical and strategies recommendation to improve the use of exhibitions
during new product introductions and the motivation behind exhibition participation.
Trade show performance should include a second dimension of non-selling objective.
Selling must satisfy the information-seeking and procurement needs of attendees for both
distributors and the customers. Many of the above EP studies have little in common with
the EOP, since the former focuses on individual exhibitor performance, while and EO is
concerned with collective exhibitor performance. For example, the location and the size of
the booth for an exhibitor is a major concern for the success in exhibition participation,
but an EO wouldnt be concerned about individual exhibitor location in the exhibition.
The EO cares for the location of the whole exhibition and the overall visitor promotion
and attraction.
Table 2: Activities to be done on trade fair.
Pre fair
Communication
Staff Training
Visitor Attraction
Exhibit services
On fair
Exhibits Events
Visitor contact procedure
Visitor Tracking
Visitor Interest
Buying Information
Post-Fair
Prompt follow-up
Delayed follow-up
Participation cost
While its quite natural to want to immediately close the book soon after a major trade
show ends, it is also somewhat natural for trade show exhibitors and organisers to want to
learn and improve things by evaluating and fixing the problems they might have
experience during the show. Experienced organisers who believe in and practice the time
tested, do it, fix it, do it again until you get it right attitude towards organising will
eventually iron out the various wrinkles that challenge the success of their trade show
program. When accomplished, and those nagging little problems are solved for good, they
can then afford themselves additional time to explore and experiment with more clever
organising innovation.
The details of the post trade show exhibition evaluation should include virtually all aspect
of the trade show exhibition presentation including but not limited to: product presentation
effectiveness, level of booth duty professionalism, efficient exhibit communication, level
of technical and management support provided, hotel and transportation logistics, level of
customer care, sales lead management and distribution, literature support operation, press
relations, pre-event meeting details, and the exhibitors overall operation from opening to
closing. One of the best ways to gather information is on the last day of the show to hand
out a post-event evaluation form to all visitors and exhibitors for their opinion, concerns
and suggestions. This data should then be quickly summarised, evaluated and distributed
within a week or so to management with the added recommendation to make the necessary
improvement before the next show. All these variables and study helps to know the
performance of the trade show or measure the performance for the next show.
companies of Nepal to be come upfront in the international trade as well. The organisers
intended to increase the exports of Nepal to foreign country. They were able to contact
only two importers from Japan and Korea to import the agricultural product of Nepal.
Post trade activities is as important as the pre fair activities, organisers of NITF also
missed or ignored various part of the trade show activities such as appreciation for the
sponsors or the supporters in the completion of the trade fair, collecting marketing related
information, performance related information. These post trade activities and devaluation
will provide the exhibitor with additional time to explore and experiment with more clever
exhibit and product presentation innovations in the next trade shows. This study has come
up with the account that the NITF was an encouraging trade fair. As it was a first of its
kind, it could not concentrate on the various aspect of the fair. The high expectation of the
exhibitors, organisers and the visitors are seen to have unmet. The flaws in this fair can be
analysed and corrected to make sure that the NITF will set a benchmark next time.
3.5.2. RECOMMENDATION;
The Pre-event planning affects the performance of the trade shows. Preevent planning will identify the right customer for exhibiting the products or
services, target market, budgeting the event, other factors associated with the event
and also the attractiveness of the booth and the booth location for each of the
exhibitor to satisfy their expectation. Thus, Pre-event planning should be
conducted with the participation of all level of stakeholders to make the event
successful.
The well equipped exhibition hall is lacking in Nepal. The private sector
should construct the international level exhibition hall which must be fully
equipped whether by the coordination with GoN or by themselves.