Exhibition News April 2020 | Page 20

Cover Feature Anthony Balarkas those of us with children have another thing to worry about whilst trying to keep our business afloat. “We have been hit pretty hard by the COVID-19 crisis. Six concurrent events over a fortnight in March were cancelled or postponed, some days before we were due onsite. Many more events due to trade in April, May and June have been postponed and as a freelance sales resource, our cashflow has ground to a halt. This isn’t set to recover for an indeterminate period of time. “There is potential that one of the small business loans that the government announced may be applicable to us to keep us afloat but we simply don’t know enough yet, and obviously we have concerns about paying it back. The concern we have for our freelance sales community, who have also lost expected income almost overnight is huge. Some of our employed sales associates, who work full or part time within organiser companies, are also facing dramatic pay cuts and worse, redundancy. A dark time for the exhibition industry. “As four optimistic women, we’ve been mindful to regularly reflect on the things we are grateful for. Sharing in this way on our team video calls helps us reset and focus our minds on the positive, and allows for a level of buoyancy. We encourage each other to focus on the things we can control. Focusing on the future and challenging ourselves to be creative with our thinking enables us to pivot our business in readiness to support the new saleslandscape when we finally (and we will) come through this. 20 — April cannot be underestimated, having multiple routes to reach key audiences and customers is vital. When mapping out a strategy, businesses need to ensure contingency measures are in place and examine how flexible their marketing strategy is, and whether it can be readily adapted in the face of unexpected circumstances, without causing major disruption to the bottom line.” Peter Jones “In terms of refocusing ourselves, we are planning for the now busy Q3/ Q4 period andbeyond for rescheduled events. Early preparation and advanced recruitment are Benchmark’s focus right now and we encourage you to reach out to us if you are skilled in sales and facing difficult times. We are hopeful that flexible, professional freelance rebook specialists will be in high demand come the autumn. Let’s stand strong and prepare together for when this wonderful industry is thriving again!” Keith Austin, CEO, Event Marketing Solutions: “We’re in the midst of an extraordinary period of change in the events sector, with multiple major events, exhibitions and fairs having been postponed or cancelled due to the spread of coronavirus (COVID-19). Marketing and events teams the world over are now shifting their focus to ensure that when this ends, they have plans in place to still meet their targets for the year. “In the last week alone, we have had conversations with multiple global brands looking to activate from summer onwards, in a bid to counter the effects of missing their key tradeshows and exhibitions. Though advice currently reassures us that this disruption will be short-term, with many events postponed for a few months’ time, the reality is that this situation could continue to push the calendar back. Yet brand presence, product launches and customer engagement will still need to be maintained. “Whilst the value of these shows Anthony Balarkas, Freelance Events, Marketing & VIP Project Manager “I’m a freelance marketing and events project manager, so I provide events marketing services to sponsors of B2B projects as well as consulting with producers of conferences, webinars, podcasts and similar digital projects. “The government has announced financial aid such as the wage bailout for employees, loans to SMEs, and I also noticed the business rates holiday for retailers and leisure groups. For freelancers like myself on the other hand, there hasn’t been a great deal of help so far. “The events industry has come to a standstill. Whether it’s your smaller customer meet-up dinners to giants like Cannes Lions, SXSW, or Advertising Week - they’ve all been postponed or cancelled altogether. As for digital marketing and video, I think we’ll see a saturation of webinars. The onus has always been on events and B2B groups to ensure their content output is unique and informative. The virus outbreak has magnified this, and in a crowded market you have to be able to differentiate your product from the next. Podcasts will present an exciting opportunity to connect with audiences. “I’ve learnt that you cannot slip into linear thinking. Anticipating what’s going to happen next and getting ahead of the curve has always underpinned