As I have discussed many times, vendor events can be worthwhile. They can also be a huge waste of time and a vacuum for your hard earned money if you are not wise in selecting the right ones and then not optimizing your space once you get there.
I recently attended a vendor event as a customer. I am fairly certain the consultant lost her shirt by participating in this one. What do you think?
- It was a first time event. It was advertised mildly on Facebook and there were yard signs dotted around town.
- It was $7 just to get in the door as a customer.
- Vendors were charged $750.00 booth rental for this three day event.
- The consultant had quite a bit of marketing collateral that she liberally handed out, at least $300 worth.
- She also had a medium size amount of inventory (medium meaning not spectacular and not nearly enough for a show of this caliber, but at least a showing. It wasn’t a totally pathetic display; I’ve seen worse.) She had approximately $1,000 or more in inventory. [Read more…] about She Lost Money on That Vendor Event