FEBRUARY 2024
exhibitor newsletter
FEBRUARY FEATURES
SALES SWAGGER
RECOGNIZING THE
FUNNEL ON THE FLOOR
MARKETING MASTERY
COLLABORATING WITH DPMs:
CASE STUDIES & COMMUNITY
CONQUERING CONFERENCES
THE FURNITURE STORE IS GOING OUT OF BUSINESS... AGAIN.
PODCAST PEARL
GET BACK IN THE TRENCHES
MY 10 PAGES
THE GOAL IS IRRELEVANT
CONFERENCE CALENDAR
NEXT 90 DAYS IN MEETINGS
NEWSLETTER UPDATE REMINDER
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SALES SWAGGER
RECOGNIZING THE FUNNEL ON THE FLOOR
ALWAYS BE CLOSING.
If you're in sales and you don't know the ABCs of sales or "coffee's for closers," do yourself a favor and watch the epic Alec Baldwin scene in "Glengarry Glen Ross."

If you took the time to do that just now... inspiring, right? Yikes.

However, we all know the feeling of "failure" when we don't close enough leads on the exhibit hall floor during a conference.

Here's the thing - not every person who approaches your booth is in the closing stage, yet we often go into closing mode as if they were. If you do this, you are putting the entire process in jeopardy.
I saw this image in an ad last month in Exhibitor Magazine and is actually what got me thinking about this post.
Even though you may have the "Coffee's For Closer's" pressure building up inside of you, it's imperative to respect the process and acknowledge the Sales Funnel that we all know and love.

see imabe below from:
Be sure to ask any DPM who approaches your booth relevant questions that will make you aware of which stage they are in so you can (a) offer the appropriate information and (b) not completely freak them out with aggressive closing strategies.

Recognize that you will not close every lead that comes to the booth, but that by being there and engaging with them in a way that aligns with where they are at in the process, you are one step closer to getting the final sale - even if it happens when you're back in the office 90 days later - or longer.

Work the the process.

Plus, if everyone was closing at the same time, you'd probably have a big problem fulfilling so many new customers simultaneously with the level of quality and service you've promised. First impressions matter.

So, when you're creating your your post-meeting report and you are bummed out, or a superior is bummed out, that there weren't more closes on the floor, take the time to analyze where they are at in the sales funnel and get to work at creating a process that will bring them closer to the final step.

Thoughts? Questions? Email Me!
PODCAST PEARLS
Noteworthy takeaways from our fave podcasts.
In the Daily Stoic podcast on February 17th, host Ryan Holliday discusses the notion of imperial rulers and he said something that made a lot of sense to me about ancient stoic, Seneca.

“One thing I take that’s clear though from all these stoic’s lives is that they were involved. You know what I mean? They weren’t sitting on the sidelines talking about the things; they were in the arena.”

Full Podcast Link

This made me think of the classic concept of not expecting anyone to do something you wouldn't do yourself. If you are in a management position or you lead a sales team, this is critical to inspire that team.

Consider the movie, Gladiator, when Russel Crowe's character Maximus Desimus Meridius is respected and followed by his army because he's in the trenches with his army as opposed to the villain of the movie, Commodus, who does not partake in any actual combat.

But, back to the real world; it's also key to your company's success to get out of your management bubble and do the grunt work. Put yourself back into the positions that you've delegated to staff members simply to see what's actually going on. You'd be surprised what you hear on a sales call, or on a customer service call, or what you see in the assembly line that nobody made you aware of.

Thoughts? Questions? Email Me!
Is there a Podcast that you think our exhibitor family could benefit from? Please let us know by emailing us at beheard@podiatrymeetings.com

SUBJECT LINE: Podcast Recommendation
Then just tell us a little about why you think this podcast is a good listen.
MARKETING MASTERY
COLLABORATING WITH DPMs: CASE STUDIES AND COMMUNITY
Last month, I started this with "DPMs: The Resource that's Been there the Whole Time." Check it out here because it is a prequel to the content below: https://podiatrymeetings.com/2024/01/20/marketing-mastery-dpms-the-resource-thats-been-there-the-whole-time/
CASE STUDIES: LESS FLUFF & MORE EVIDENCE

Often marketing materials consists of a short list of reasons why your product or service is great or different than the others (quality, service, blah blah blah)…
The Proof is in the Pudding
Provide real stories with real results from your DPM customer-base.
Just because these DPMs aren’t your “official brand champions,” doesn’t mean they can’t contribute to your success with stories of desired patient results. But you have to take the time to ask... and ask more than once. Just because a DPM doesn't have a story to tell today, doesn't mean he/she won't have one tomorrow.
CREATE A COMMUNITY

Online Forums

  • Create a page on your website where DPMs can ask questions relative to patient cases and other DPMs can share their advice and/or similar experiences.

  • This creates a stockpile of verbiage that you can extract and use in additional marketing materials.

  • Use an online form that allows for image uploads; collecting possible before and after successes.

Monthly (or Quarterly) Group Chat

  • Moderate an online meeting where DPMs can ask questions of their peers and share stories for education and collaboration.

  • What’s Working For You

  • What Challenges Are You Experiencing?
Thoughts? Questions? Email Me!
MY 10 PAGES
Random reflections from what we're currently reading.
THE GOAL IS IRRELEVANT

Right now I am technically not reading, but listening to a book with Audible called, Atomic Habits by James Clear.

I am only a few chapters deep, but one topic discussed that reminded me of the way we can approach the sales process; it also gave me a flashback to a conversation I had with my boss in 2011.
First, the concept I was reminded of from this book, is to stop focusing on the GOAL and instead focus on the PROCESS. Results are derived from the concept of compounding actions.

I used to direct the marketing for an orthotics lab and in doing so, I was involved heavily in meetings with the sales team. Every month, our boss would get frustrated if the sales team hadn't met its sales goals. So he would make the goal higher. This confused me.

I remember a specific conversation with him and said, "you could make the goal $100 a month or $1 million a month and it won't matter if we don't equip each sales rep with a process of how to get there."

What I was trying to explain was the result is completely out of anyone's control. We can only control our actions and the process we employ to achieve a particular result

Because I'm a tennis player, I used a tennis match as an analogy. I told him..
  • I can only win a match if I win two sets.
  • I can only win a set if I win six games.
  • I can only win a game if I win 4 points.
  • I can only win a point if I utilize my strengths and expose my opponents weaknesses and THAT is the only part of the entire equation that is within my control.

Ultimately, if you raise the goal each month but provide no change to the process, this is likely an unwinnable battle and you're setting your team up for failure. Instead of focusing on the result - change your mindset to focusing on the "how" we get there by implementing tactics within our control.

Thoughts? Questions? Email Me!
Is there a book that you think our exhibitor family could benefit from? Please let us know by emailing us at beheard@podiatrymeetings.com

SUBJECT LINE: Read This Recommendation
Then just tell us a little about why you think this book is worth a read.
CONQUERING CONFERENCES
THE FURNITURE STORE IS GOING OUT OF BUSINESS... AGAIN
You've seen this store... we all have one in our town or nearby...

The show specials on the exhibit hall floor sometimes have the same vibe; mostly because they never stick to the expiration date.
Basically, docs know they can usually get away with waiting to place an order until they get back home and request the show discount; and because it's not fun to say, "no," we usually say, "yes".

Instead of show specials, try something different with on-site referrals. With this strategy, you can give awesome bonuses to your referring docs AND you will bring on new business without "giving away the farm."

When a current customer comes to your booth and you have a show special of say… 25% off, let’s sweeten the deal a little bit! Tell the doctor to grab a friend/colleague and bring them to the booth for an introduction; then that 25% offer goes up to 50% and they can utilize it at any time. The more they send over to you, the more they save.

The best thing about referrals that happen at conferences is the conversation that ensues. You literally have to do almost no “selling” because the current customer is standing there singing your praises. 

Thoughts? Questions? Email Me!
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