Trade fair appearances play a central role in brand awareness, market positioning, and customer acquisition. However, a successful appearance requires realistic budgeting, which is particularly challenging for trade fair newcomers. The multitude of costs, including hidden and often underestimated expenses, makes it difficult to estimate budgets correctly.
In trade fair construction, there are many approaches to creating a professional and appealing appearance even with a manageable budget. However, if the budget is set too low, not only does the trade fair appearance itself suffer, but it can also cause long-term financial and image damage to the company. Declining visibility, missed opportunities for lead generation, and a lack of follow-up measures inevitably lead to a lower ROI than necessary.
This is exactly where WWM GmbH & Co. KG actively supports companies in realistically planning trade show costs, identifying hidden budget risks, and jointly developing solutions for all challenges related to trade show appearances.
Below, I will outline what you should consider when creating a budget for a trade fair appearance.
This is the big and legitimate question that arises when drawing up a budget.
According to a study by the Ifo Institute (Institute for Economic Research), exhibitors in Germany spend an average of 30.3% on stand construction and additional services, 21.2% on stand operation and space rental, 15.6% on personnel costs, and 13.5% on accommodation and meals.
However, the budget varies significantly depending on the industry, trade fair size, and company size. The figures therefore serve more as a guideline for estimating the distribution.
Issue: An insufficient budget often means you cannot afford a stand in a good location or eye-catching branding and high-quality graphics. This results in fewer people stopping by, reduced visibility, and fewer qualified conversations. The few leads you do generate become more expensive.
Recommendation: A large part of the budget should be allocated to the stand location, exhibition stand, and visual elements. With strong branding and impressive design, the stand will attract more visitors, stand out from the competition, and remain in people's memories for longer.
Problem: If you cut corners on your presentation, your booth will appear unattractive, improvised, or unprofessional. If you don't have trained staff or if your team is overwhelmed, this will lead to a poor visitor experience and lower chances of closing deals. If additional tasks are shifted to internal employees, their projects will be left undone.
Recommendation: If you have to cut back on stand personnel, it is better to send a small but highly specialized team. Experienced trade fair professionals can respond optimally to the needs of stand visitors and generate more leads.
A good presentation also thrives on interaction: be sure to bring your product with you or invest in a simulation or demo. This will spark the interest of visitors.
Problem: Many companies cut corners when it comes to follow-ups because they don't plan for the necessary tools or personnel. This results in the loss of valuable leads that were painstakingly generated at the trade fair.
Recommendation: Be sure to budget for follow-ups. Ideally, you will have gained many new leads, sales talks, or potential partnerships. These conversations must not be allowed to peter out: Send a follow-up email while you are still at the trade fair or call shortly afterwards.
Use of event analyses: An additional recommendation is to use tools that make your trade fair appearance measurable. Visitor analysis tools such as Event Metrics show, among other things, how many visitors your stand attracted and which areas were of particular interest. This allows you to directly optimize your next appearance and the budget allocated for it.
There are a few basic rules that can help you keep your trade fair budget as low as possible while still avoiding unnecessary costs. Smart planning saves money and ensures that your presentation looks professional.
Set clear goals: Before you even put any figures in the budget, you need to be clear about why you are exhibiting. The goals determine where the majority of the budget should go.
Lead generation: Focus on booth staff, interaction, CRM, follow-up
Brand building: Focus on booth design, branding, large formats, infographics
Product launch: Focus on technology, demos, presentation area, explanatory staff
Networking & partnerships: Focus on meeting rooms, hospitality, conversation tools
Separate fixed and variable costs: A common mistake is to lump all costs together. It is better to make a clear distinction:
Fixed costs (always the same):
Variable costs (depending on strategy & size):
Plan for contingencies: Allow for buffers to cover unexpected situations during the trade fair. Typical surprise costs:
Estimate costs correctly: Without careful planning, hidden costs can exceed the budget and cause problems during the trade show. These include, among other things:
For more tips on saving money on trade fair stands, read this blog post:
Reducing costs in trade fair construction – valuable tips
Take a look at Hansefit's modular exhibition stand here.
WWM GmbH & Co. KG supports companies in all phases of their trade fair presence
Our goal is to work with you to develop a trade fair presence that is effective, economical, and tailored to your company.