Learning to budget for, well, anything is tough! But if your professional New Year’s resolution is to create a budget for your company’s next trade show, don’t panic – here are eight quick facts and tips for building a smart trade show budget in 2015.
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The industry average for the investment in a new custom exhibit is $150-$200/sq.ft
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Place show service orders by the discount deadline to save 30%
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Consolidate your exhibit freight to avoid the 200lb drayage minimum and small shipment handling fees
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According to the Center for Exhibition Industry Research (CEIR), about 1/3 of the total show budget goes towards securing the actual floor space in the hall
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Exhibit dismantle should take approximately half the time of the installation
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Budget $2,000-$2,500 per booth staffer to cover the costs of air travel, ground transportation, hotel, etc for a standard 3-day US show
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The average exhibit house mark-up on show services is 26% (EDPA 2012 Survey)
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New York City is the most expensive city for exhibiting
Consider these trade show budget tips and get your new year off to a good start. To learn more about the cost of exhibiting, get in touch: Email us info@condit.com or call +1.800.541.6308