- Trade Show Executive
Transcription
- Trade Show Executive
SPONSORED BY TS E DA S H BOA R D Retail Shows Take a Beating in August, except for MAGIC BY DARLENE GUDEA, president; CAROL ANDREWS, editor-at-large; and HIL ANDERSON, senior editor Oceanside, CA – With the exception of MAGIC Market Week’s stellar performance, trade shows serving the retail sector in August hit the skids and brought down the averages in Trade Show Executive’s Dashboard of Monthly Trade Show Metrics. Most merchandise, gift and apparel shows dropped in size. Yet no matter the sector, 13 out of 18 shows were in the red in at least one of the three metrics of trade show performance: net square feet (nsf) of exhibit space, number of exhibiting companies and attendance, leading to a dismal performance for the month. Collectively, the 18 shows surveyed for TSE’s Dashboard experienced the greatest growth in exhibitor totals, up a decent 2.7% from last August. Exhibit space was flat at 0.7%. Attendance drifted lower by (0.2)%, ushering in a substandard performance for the month. August belonged to the for-profit side of the trade show industry. The top three managements among the 18 shows included on the Dashboard were all independent show organizers — Advanstar Communications, Inc., Emerald Expositions and GLM. Advanstar led the charge with the August edition of MAGIC Market Week, the semi-annual retail apparel extravaganza that topped the 1 million net square feet mark. Emerald and GLM followed in the gift sector with ASD Las Vegas at 664,229 nsf and NY Now at 530,000 nsf. For the Dashboard statistical analysis, TSE used adjusted figures, which excluded outliers. Only one show was considered an outlier in the attendance metric: the American Academy of Dermatology Summer Academy Meeting, which grew more than 25% in attendance. The other Dashboard shows contributed to an adjusted total of 3,259,300 nsf for the month of August; 14,712 exhibitors; and 281,735 attendees who no doubt enjoyed the air-conditioned aisles during the dog days of Summer. MAGIC Kingdom. With double-digit growth in exhibit space, MAGIC Market Week in Las Vegas topped the 1 million nsf mark. Attendance and exhibitor growth also outperformed the monthly benchmarks. 30 October 2013 | Trade Show Executive The TSE Dashboard found the per-show average was 181,072 nsf, 817 exhibitors and 16,573 attendees. Seven of the 18 shows surveyed featured 100,000 nsf or more of exhibit space. Four of the shows were ranked on the TSE Gold 100 roster of largest. There were also four events on the TSE Fastest 50, which ranks the fastest-growing shows. Four of the 18 shows reported gains in all three metrics. Three shows reported across-the-board declines, including the Great American Trucking Show (GATS) in Dallas. The 2012 GATS had been cruising along in both the Gold 100 and Fastest 50 rankings, but reported a (10.7)% decline in exhibit space to 167,700 nsf this year. Attendance slid (4.3)% but remained strong at 46,536 delegates and qualified buyer attendance was up, according to Randall-Reilly, show management. Mixed Gift Bag August included two major gift shows serving the pre-holiday consumer market, which many people are counting on to prod the entire U.S. economy forward. But both ASD Las Vegas and NY Now reported mixed results. ASD Las Vegas welcomed 2,735 exhibitors, a solid 15.7% increase over 2012. But Emerald Expositions also experienced a disappointing (2.8)% decline in exhibit space, but still spanned a respectable 664,229 nsf. Emerald made a big move prior to the show by bringing in Sourcing at ASD, a co-located event that featured the gamut of consumer products from overseas, including such heavyweight importers such as China, India and Mexico. Sourcing at ASD was launched to provide U.S. distributors and wholesalers an opportunity to connect with the overseas producers of the majority of products that wind up on U.S. store shelves. “By aligning supply chain leaders in front of the key Continued on page 32 SPONSORED BY TS E DA S H BOA R D Continued from page 30 August included two major gift shows serving the pre-holiday consumer market, which many people are counting on to prod the entire U.S. economy forward. But both ASD Las Vegas and NY Now reported mixed results. decision makers at an event they already attend, business opportunities are made possible that weren’t before,” said Chris McCabe, Emerald senior vice president. “This offers buyers a cost savings by cutting their travels around the globe to find new products or source new suppliers.” The metrics for NY Now were up, down and flat. Attendance at the show once known as the New York International Gift Fair grew by 3.6% over last year to 51,000 and the number of exhibitors was unchanged at 2,800. Exhibit space, however, slipped (2.8)% to 530,000 nsf. GLM reorganized the exhibit floor into distinct product areas, which may have contributed to the slight decline in net square footage, but show managers considered the re-design a roaring success because it made more sense to the exhibitors and attendees who have navigate the broadly horizontal show. “The energy was palpable among both buyers and suppliers,” said Christian Falkenberg, show director and GLM senior vice president. Growth Leaders It seems the massive MAGIC can do no wrong. The August edition was not only the largest show on the Dashboard but also chalked up another year of double- Trade Show Executive EXHIBITING ORGANIZATION Dashboard Snapshot – MONTHLY AND CONSOLIDATED OVERVIEWS NET SQUARE FEET OF PAID EXHIBIT SPACE 2010 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 2010 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT 10% JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC JAN FEB MAR APR MAY JUN JUL AUG 2013 10% 5% 0% 5% (5)% 0% 0.7% (5)% (10)% (15)% (10)% (20)% (15)% JAN FEB MAR APR MAY JUN JUL AUG SEP OCT 2010 (20)% JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC JAN FEB MAR APR MAY JUN JUL AUG 2010 2011 2012 2013 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC TOTAL ATTENDANCE 2010 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC JAN FEB MAR APR MAY JUN JUL AUG 2013 10% 5% (0.2)% t Flat Floors. Exhibit space crept up a modest 0.7% in August, continuing a trend of fits and starts that has taken place all year. Seven of the 18 shows in the Dashboard topped 100,000 nsf. t Flatter Crowds. Attendance at August shows drifted slightly below 2012 levels but was basically unchanged. Although still in the red, the attendance decline of (0.2)% marked a rebound from July when attendance was off (2.8)%. 0% (5)% (10)% (15)% (20)% JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC JAN FEB MAR APR MAY JUN JUL AUG 2010 2011 2012 2013 32 October 2013 | Trade Show Executive SPONSORED BY digit growth in exhibit space. Advanstar’s management team increased the exhibit space sales to 1,062,151 nsf, a heft y 11.5% increase to a show that last year was the fourth largest trade show in the nation and the largest semi-annual show. The number of exhibitors at MAGIC was up 4.3% and attendance was estimated at 70,000, 5.9% over 2012’s banner year. A good share of the growth came from the shoe department. “As international brands continue to see robust retail sales here in the U.S., they are attending FN PLATFORM in record numbers to gain market exposure and take advantage Regifting. The aisles at Javits Center were busy with buyers during NY Now, the rechristened New York International Gift Fair. Attendance was up 3.6% although exhibit space declined. Continued on page 34 S NOV DEC JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC JAN FEB MAR APR MAY JUN JUL AUG 2013 2.7% YEAR-OVER-YEAR GROWTH August 2013 August 2012 0.7% 1.8% Exhibiting Organizations 2.7% 2.0% Total Attendance 2.0% Net Square Feet (0.2)% t High Point. The number of exhibitors taking part in trade shows in August was the high point of the TSE Dashboard. Exhibitors increased 2.7% and have been in the black every month since Spring. NOV DEC JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC JAN FEB MAR APR MAY JUN JUL AUG 2011 2012 2013 CONSOLIDATED QUARTERLY OVERVIEW 2010 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 2013 10% 10% © 2013, Trade Show Executive Magazine, Oceanside, CA CONSOLIDATED ANNUAL OVERVIEW t Attendance Shines in Q2 (left). The show metrics for the Second Quarter of 2013 were all in positive territory. Attendance was the brightest spot with a 4% increase over Q2 2012. Exhibitor growth was a quiet 1.8% but the amount of space they booked was up 2.6% for the quarter. 4.0% 5% 5% 2.6% 0% 0% 1.8% (5)% (5)% (10)% (10)% NSF Exhibitors Attendees (15)% t Respectable Growth (right). 2012 took the trade show industry on the same moderate growth path as 2011. Of the three metrics, attendance growth was in the lead. (15)% (20)% (20)% Q1 Q2 Q3 2010 Q4 Q1 Q2 Q3 2011 Q4 Q1 Q2 Q3 2012 Q4 Q2 Q1 2013 2010 2011 2012 www.TradeShowExecutive.com | October 2013 33 SPONSORED BY TS E DA S H BOA R D Continued from page 33 p A Government Exception. A speaker passes on sage advice to government purchasing agents at the NGIP Annual Forum. Despite sequestrations and shutdowns, attendance at the show was up 4.7%. q Gifts Galore. ASD Las Vegas had an extensive array of gifts and other consumer goods that will be hitting store shelves this Fall. The number of exhibitors jumped 15.7% but exhibit space was down. 34 October 2013 | Trade Show Executive of our large retailer audience,” said Leslie Gallin, Vice President of Footwear at Advanstar. The National Institute of Governmental Purchasing (NIGP) Annual Forum & Exposition might seem like long shot in the era of government spending rollbacks, but that was not the case for this show. Although a relatively small 24,100 nsf, the exhibit floor was still 3.9% larger than it was last year. Exhibitor count was up 4.5% and attendance climbed 4.7%. The education agenda emphasized best practices at a time when government agencies of all sizes have little margin for error when it comes to spending money. Although medical shows in general remained sluggish, three shows reflected plenty of spark in certain metrics. The AAD, American Academy of Dermatology Summer Academy Meeting, hit a home run with attendance at its Boston event skyrocketing 29.3%. The American Association of Nurse Anesthetists (AANA) saw its exhibit space increase 7.1% to 16,200 nsf although attendance was basically flat and the number of exhibitors actually declined (3.6)% to 162. The AANA said interest in the exhibit hall was high and 60% of its attendees had the authority to make purchasing decisions. The American Academy of Family Physicians (AAFP) National Conference of Family Medicine Residents & Medical Students is a niche event targeting aspiring doctors who will eventually take the plunge into private practice. It appealed to younger members of the AAFP and to the exhibitors who will be counting on them as customers in the coming year. Exhibit space in Kansas City grew to 49,700 nsf, a 2.9% increase over last year when the conference was held in the same location. The number of exhibitors increased 8.3% and the crowd of 3,531 was up 4.8%. Top Cities Las Vegas hosted MAGIC and ASD Las Vegas plus three other Dashboard events for a total of 1,952,580 nsf. That was far above second-ranked New York, which claimed NY Now and its 544,320 nsf. Dallas was third with the GATS and Metrocon Expo & Conference for a total of 287,700 nsf. Next Month Next month’s TSE Dashboard will analyze a variety of key shows across a wide array of sectors. They include a number of major Gold 100 shows such as PACK EXPO Las Vegas and Interbike, just days apart at the Las Vegas Convention Center. Chicago hosted the American Society for Radiation Oncology and San Diego had the Emergency Nurses Association Annual Conference. McCormick Place was the venue for Print & CPP Expo and ASIS International. AmericasMart Atlanta hosted the Atlanta Fall Gift & Home Furnishings Market and The Atlanta Gourmet Market. Together, they will reflect how and where the trade show industry is heading as they close out the Third Quarter. TSE SPONSORED BY Trade Show Executive Dashboard – AUGUST TRADE SHOW METRICS BY CAROL ANDREWS, editor-at-large BENCHMARKS: AVERAGE GROWTH NSF: 0.7% Exhibitors: 2.7% Attendance: (0.2)% TOP MANAGEMENTS* TOP CITIES* GROWTH LEADERS Advanstar Communications, Inc. Emerald Expositions GLM Las Vegas New York Dallas MAGIC MARKET WEEK AANA Annual Meeting NIGP Annual Forum & Exposition TOP INDUSTRY SECTORS* Apparel Gift Transportation *Based on total nsf Show Site Net SF of Exhibits Exhibitors Total Attendance Qualitative Data SHOW INFORMATION 2013/2012 2013/2012 VARIANCE 2013/2012 VARIANCE 2013/2012 VARIANCE AAD (American Academy of Dermatology) Summer Academy Meeting American Academy of Dermatology www.aad.org New York Boston 14,320 18,300 (21.7)% 136 141 (3.5)% 3,353 2,593 29.3% Although net square feet and exhibitors were down, attendance was up significantly. Dermatologists presented the latest research on the diagnosis and medical, surgical and cosmetic treatment of skin, hair and nail conditions. The meeting offered 29 hours of CME credit. Kansas City MO Kansas City, MO 49,700 48,300 2.9% 457 422 8.3% 3,531 3,370 4.8% Resident and student attendance was at an all-time high, and there were 33 new exhibitors. The event celebrated its 40th anniversary during the Expo Hall Grand Opening. There was also a blood drive to benefit a community blood center in Kansas City. AANA (American Association of Nurse Anesthetists) Annual Meeting AANA www.aana.com Las Vegas San Francisco 16,200 15,120 7.1% 162 168 (3.6)% 3,254 3,250 0.1% According to post-show surveys, 65% of AANA attendees make purchasing recommendations and 15% make final purchasing decisions. 59% of attendees visited the exhibit hall all three days, and 9% spent four hours in the exhibit hall. 92% attended to get new product information and 90% attended to see product demonstrations. ASAE Annual Meeting & Exposition ASAE: The Center for Association Leadership www.asaecenter.org Atlanta Dallas 69,800 71,600 (2.5)% 409 408 0.2% 5,431 6,010 (9.6)% This was a record-setting show in terms of association executive attendance. The show topped out at 2,918 association executives, the highest number since 2008. There was a strong buyer/seller ratio, with 62% buyers (association staff) to 38% sellers (industry partners). Las Vegas Las Vegas 664,229 683,426 (2.8)% 2,735 2,363 15.7% 42,390 44,259 (4.2)% Although there was a substantial increase in the number of exhibitors, the amount of space used decreased. The show launched a two-day educational series with the IMA (International Merchant Association) to provide retailers with tips on growing their businesses and insight on increasing sales, creating an ultimate sales team, and leveraging social media. The sessions were free to all ASD show registrants. American Academy of Family Physicians (AAFP) National Conference of Family Medicine Residents & Medical Students American Academy of Family Physicians www.aafp.org ASD Las Vegas Emerald Expositions www.asdonline.com 2013 VS. 2012 Continued on next page www.TradeShowExecutive.com | October 2013 35 © 2013, Trade Show Executive Magazine, Oceanside, CA (760) 630-9105 August 2013 SPONSORED BY Trade Show Executive Dashboard – AUGUST TRADE SHOW METRICS Continued from page 35 August 2013 Show Site Net SF of Exhibits Exhibitors Total Attendance Qualitative Data SHOW INFORMATION 2013/2012 2013/2012 VARIANCE 2013/2012 VARIANCE 2013/2012 VARIANCE Fire-Rescue International International Association of Fire Chiefs (IFAC) www.iafc.org Chicago Denver 134,200 147,600 (9.1)% 442 475 (6.9)% 9,209 9,517 (3.2)% The IAFC's Hosted Buyer Program matched qualified buyers with companies selling specific products and services. Special events included the 9-11 Memorial Stair Climb to honor firefighters who gave their lives to save others. Participants walked the equivalent of the 110 stories of the World Trade Center, and proceeds will support the Natl. Fallen Firefighters Foundation. Dallas Dallas 167,700 187,700 (10.7)% 490 507 (3.4)% 46,536 48,621 (4.3)% Although overall registration numbers declined this year, audience quality was up, with a decline in nonqualifieds. Highlights of the show included the Pride and Polish Truck Beauty Competition, the Commerical Vehicle Outlook Conference, and a driver recruitment pavilion. Las Vegas Las Vegas 1,062,151 952,741 11.5% 4,498 4,312 4.3% 70,000 est. 66,103 5.9% The show increased in all three measurements, most notably in net square feet, which had doubledigit growth. Memphis Memphis 20,400 20,200 1.0% 86 84 2.4% 3,944 3,679 7.2% The show provided the opportunity for attendees to discover the newest product innovations before they hit the market. Exhibits showcased unique, one-of-a-kind products. Prior to the show, exhibitors were provided up to 500 postcard announcements to mail to prospective customers/ buyers, and the show enjoyed a significant increase in attendance. Dallas Dallas 120,000 120,000 No change 274 278 (1.4)% 2,546 2,561 (0.6)% The show enjoyed record sponsorship sales. New features included a firsttime Metrocon app for iTunes platforms and a mobile display unit area. The show was sold out nine days ahead of the official close of sales; 17 vendors were on a waiting list. In addition to eight hours of access to the show floor, attendees could earn up to nine CEUs over two days. Mode Accessories International Exposition Fall Collections Two Plus One Group Inc. www.mode-accessories.com Toronto Toronto 35,000 35,000 No change 225 225 No change 3,250 3,500 (7.1)% Exhibit space has sold out for the past eight years and demand for exhibit space continues to be strong, requiring a wait list. Products exhibited included women's fashion accessories, casual apparel and other fashion items. National Institute of Governmental Purchasing (NIGP) Annual Forum & Exposition National Institute of Governmental Purchasing, Inc. www.nigp.org Orlando Seattle 24,100 23,200 3.9% 184 176 4.5% 1,593 est. 1,522 4.7% Attendees, including state agencies, cities, counties, and educational and medical professionals, saw the latest products and services available to the government from a vast array of suppliers. 92% of attendees were principal buying decision makers. The Great American Trucking Show Randall-Reilly Business Media and Information www.gatsonline.com FASTEST Trade Show Executive's MAGIC MARKET WEEK Advanstar Communications, Inc. www.magiconline.com FASTEST Trade Show Executive's Memphis Gift & Jewelry Show Helen Brett Enterprises www.HelenBrett.com METROCON Expo & Conference Metrocon, Inc. www.metrocon.info FASTEST Trade Show Executive's 36 October 2013 | Trade Show Executive 2013 VS. 2012 SPONSORED BY Trade Show Executive Dashboard – AUGUST TRADE SHOW METRICS SHOW INFORMATION Show Site Net SF of Exhibits Exhibitors Total Attendance Qualitative Data 2013/2012 2013/2012 VARIANCE 2013/2012 VARIANCE 2013/2012 VARIANCE New Orleans New Orleans 48,500 55,100 (12.0)% 255 281 (9.3)% 13,977 15,719 (11.1)% NY NOW GLM www.nynow.com New York New York 530,000 545,000 (2.8)% 2,800 2,800 No change 51,000 49,250 3.6% OFFPRICE Show Tarsus Expositions OFFPRICE Show www.offpriceshow.com Las Vegas Las Vegas 125,000 125,000 No change 470 509 (7.7)% 10,500 12,000 (12.5)% The show was sold out, with 40 new exhibitors. There was an increase in "Cash & Carry" exhibitors; 25 of these companies took booths, when a typical show sees about 15 such exhibitors. Many exhibitors carried products up to 70% below wholesale. More exhibitors carried brand names than in the past. Long Beach, CA Long Beach, CA 44,000 49,300 (10.8)% 329 375 (12.3)% 1,875 1,765 6.2% There were 36 new exhibitors. Although the amount of net square feet and exhibitors were down, there was a significant increase in attendance and positive buzz about the show. Exhibitors commented on the substantial amount of business conducted at the show and the superior quality of attendees. Western Foodservice & Hospitality Expo Reed Exhibitions www.westernfoodexpo.com Los Angeles Anaheim 49,000 est. 55,000 (10.9)% 305 est. 342 (10.8)% 7,699 est. 6,304 22.1% Although the number of exhibitors and the amount of exhibit space used was down, attendance enjoyed a huge increase. Special events included the Food Trends Experience and the American Culinary Federation Culinary Demonstrations. WomensWear in Nevada Specialty Trade Shows www.spectrade.com Las Vegas Las Vegas 85,000 85,000 No change 455 457 (0.4)% 5,000 est. No change 5,000 est. New Orleans Gift & Jewelry Show Helen Brett Enterprises www.HelenBrett.com FASTEST Trade Show Executive's The SAAC Show Specialty Advertising Association of California www.saac.net/show DASHBOARD ANALYSIS: Net SF of Exhibits Exhibitors Total Attendance 3,259,300 14,712 285,088 3,237,587 14,323 285,023 3,259,300 14,712 281,735 (Excludes outliers and shows in which an apples-to-apples comparison is not possible) 3,237,587 14,323 282,430 Averages 181,072 817 16,573 (Based on Adjusted Totals) 179,866 796 16,614 0.7% 2.7% (0.2)% Total (Sum of all figures submitted by show management) Adjusted Total Percentage of Growth (Based on Adjusted Totals) 2013 VS. 2012 Exhibitors reported developing new business relationships on the show floor. Show management's Web site was used to promote products and services prior to the show and Web listings functioned as electronic business cards for exhibitors. The show was the first under the new brand; the New York International Gift Fair (NYIGF) became NY NOW, the Market for Home & Lifestyle. Attendees came from all 50 states and more than 80 countries. The summer show introduced a new exhibit floor layout and re-organized into four new comprehensive market collections. The show sells out each time it is held. Exhibitors included womenswear related companies that showcased clothing and hundreds of accessory lines with everything from shoes to hats, purses, jewelry, belts and scarves. COMING UP NEXT MONTH: A review of shows held in September www.TradeShowExecutive.com | October 2013 37 © 2013, Trade Show Executive Magazine, Oceanside, CA (760) 630-9105 August 2013