Title: Kein Folientitel
1Market Research as platform for business
decisions Mirko Arend, Messe München CEFA
Workshop Zagreb 2006
2Agenda
- The market research circle
- Competitor analysis
- Potential analysis for exhibitors and visitors
- Visitors and exhibitors survey during the fair
- Quality management
- Presentation of results and recommendation
3The market research circle
Visitors and exhibitors survey during the fair
Quality Management Data collecting for claims
and complaints handling
Potential Analysis for exhibitors and visitors
FAIR
Presentation of results and recommendations
Competitor Analysis
4Competitor Analysis
5Overall picture of KPI (Key performance
indicators)
6SWOT A strategic concept for positioning trade
fairs
7Potential Analysis for exhibitors and visitors
8Potential analysis for visitors / calculation
- x exploitation b number of
visitors y visitor forecast - optimally with growth rate by 5 if
xgt1, then y b1,05 if xlt1, then y bx - optimally y xb
- realistically ambitious max (kx) 8 y
kxb - realistically if xgt2, then y
2b if 1ltxlt2, then y xb if xlt1, then y
b - pessimistically with wastage by 10
if x gt1.1, then y 0,9b if xlt1,1, then y b
exploitation
9Potential analysis an example
Development of number of visitors by effective
exploitation
Number in brackets is the forecast of the
relation of foreign countries
(56,9 )
optimal exploitation
above average exploitation
(50,9)
average exploitation
(47,1)
below average exploitation
(44,5)
10Results by countries
Italy
France
USA
Japan
China
Austria
Slovenia
Croatia
11Ranking of target countries
Germany 50
12Visitors and exhibitors surveys during the fair
13Methodology
- Questionnaire based (anonymous) evaluation of
opinions and behaviours of visitors and
exhibitors - For visitors survey a random sample is used to
get interviews and visitors interviews are done
on each day of the fair - Results of a visitor survey can be weighted by
the data from the registration - For exhibitors survey all exhibitors are asked,
normally one day before the fair ends - Visitors and exhibitors survey are done by an
independent market research institute
(tns-infratest) to ensure the anonymous character
of the survey
14Most important contents and benefits of trade
fair surveys
Content
Benefits
Customer structure
Marketing
- Concept (Frequency, duration, product ranges etc.)
- Measures (Media planning, service range etc.)
- Controlling (Level of knowledge about and
benefits of product range, target groups and
visitors structure etc.)
Customer behaviour
- Visited product areas / interests
PR
- Press (especially concluding report, press
conferences etc.)
- Visit to / participation in other professional
trade fairs
- Advertising (especially exhibitors and visitors
brochure)
Customer satisfaction and loyalty
- Assessment overall and of individual areas,
service etc.
Statistics
- Repeat visit / participation
- Internal (Marketingcontrolling)
- Index of customer loyalty
- External (AUMA, UFI, Trade Fair calendar,
Exhibitors)
Economic situation in the sector
15TRIM-Index for customer loyalty/ the most
important key performance indicator
TRIM Triple M Measuring, Monitoring, Managing
- Based on 4 questions within the questionnaire
- Customer Satisfaction
- Competitor comparison
- Intention to visit the or exhibit on the next
fair - Intention to recommend the fair to other people
16Quality Management Data collecting for claims
and complaints handling
17Basics of Quality Management
Quality management is an additional tool to
evaluate customer satisfaction of exhibitors
The project group gets a clear understanding
about which exhibitors have strong concerns und
which points are most critical from a exhibitors
perspective
With a personalized questionnaire each exhibitor
is asked about his recommendations for improving
the fair
Each exhibitor has the chance to write down his
claims and complaints concerning the fair
18Letter of introduction and questionnaire for the
Quality Management
19Selected results of Quality Management (example)
20Presentation of results and recommendations
21Presentation of market research results
Overall satisfaction
- Content
- Summary ( 1 3 slides)
- Results in depth (one slide per question)
- Recommendations ( 1- 2 slides)
Competitive Advantage