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Product Literature Centers: More Bang For The Marketing Buckby Stephen Green Successful participation in the global trade game involves many steps.
One of those is making potential overseas buyers aware of your product
or service. There are a number of ways that businesses can do this,
including posting a catalog on a Web site, engaging in direct mail
and marketing campaigns, or exhibiting at an international trade event.
But smaller companies seeking new markets (or larger companies wishing
to test the receptiveness of a particular market) can benefit from
participating in a low-risk, low-cost method of product and catalog
display organized by various offices within the Department of Commerce:
the Product Literature Center. What Is A PLC?A Product Literature Center, or PLC, typically offers space for a companys promotional and sales material at an international trade fair booth organized by the Department of Commerce and staffed by an industry specialist. Visitors to the booth can take literature with them and, after the show, participating businesses receive sales leads collected by Department of Commerce personnel. The term Product Literature Center was first coined for the 1985 Paris Air Show. For years, small and medium-sized companies had desired a more economical means of displaying their products and services in the international marketplace. But the costs of exhibiting in international trade events, particularly the Paris Air Show, had increased to the point at which smaller companies could no longer afford to rent and staff a booth for the duration of a show. In response to this situation, the staff of Commerces Office of Aerospace developed a Traders Information Center, which displayed and distributed companies catalogs and forwarded sales leads back to participating companies. The Traders Information Center eventually evolved into the Aerospace Products Literature Center, which featured marketing literature for products, technologies, and services of U.S. aerospace companies. A Long HistoryThe U.S. Department of Commerce has been offering companies the opportunity to display product literature at overseas locations for decades. Initially, this method of introducing U.S. products to an overseas audience allowed information to be passed along to potential buyers in remote and sometimes inaccessible markets. In the 1960s and 1970s, U.S. companies were encouraged to send product information to overseas posts where it was made available to foreign buyers. In the pre-Internet era, this was the easiest and most effective way to introduce buyers to sellers. As business came to focus more on the many industrial trade shows held around the globe, catalog displays became directly linked to an international trade event, specifically targeting a particular industry or geographic buyer. Literature centers are still organized in markets where there is a high degree of interest in U.S. products but not yet an organized trade event. Literature centers are sponsored both by the U.S. embassys
commercial offices as well as the specific industry office within
U.S. Department of Commerce headquarters. The organization of PLCs
varies depending on the industry, geographic location, and target
audience. For example, CEBit, the largest computer show in Europe,
attracts thousands of visitors and exhibitors, and the Department
of Commerce offers a range of services to allow companies to participate
at a level appropriate to attracting the right type of buyers for
their investment. Product Literature Centers have become more sophisticated over the years. Some PLCs display actual products, show company videos, and even distribute CD-ROMs. However, the fee to participate remains nominal and there is no booth space to rent. This is the perfect way for a company to have a presence at a show without a representative actually being on site. Benefits To Buyers And SellersThe benefits of PLCs accrue equally to U.S. sellers, foreign buyers,
and trade show organizers. The seller or PLC participant is able to
reach a group of potential buyers with a minimum of expense and commitment.
In contrast to exhibiting at a stand-alone booth, a participating
company has the benefit of displaying under the umbrella of the U.S.
Department of Commerce. By exhibiting with a group of other companies,
a participating business is likely to receive more visitors than if
it were displaying individually. The foreign buyers can be assured
that exhibiting firms are interested in selling to their specific
market and, when contacted, will give them a serious response. Visitors to a PLC likewise benefit by becoming aware of the products, technologies, and services of U.S. companies. Show organizers benefit in the long run if PLC participants eventually convert to stand-alone exhibitors once they have determined that the market is appropriate for their products or services. Measurable ReturnsParticipating in a Commerce-sponsored PLC will provide your company
with a number of advantages:
Contacts And Sales LeadsMany show organizers designate visiting days for those who come from
the trade and other days for the public. Trade day visitors are required
to document their professional status at the entrance. Commerce Department
personnel also verify professional status prior to permitting a visitor
to enter the PLC booth and, at some shows, visitors must complete
a PLC entry questionnaire. While it cannot be guaranteed that each
lead will generate business, success stories ensuing from PLC participation
are common. Typically, participants of a PLC receive between five and 15 qualified
trade leads per day of the show. Additionally, many show visitors
retain the printed PLC directory for future reference when they look
for sources of new products. How To ParticipateParticipation fees for PLCs normally fall between $300 and $600 per
show, but there is no standard cost. Participation costs can vary
depending on the sophistication of the show as well as the industry.
The schedule for PLCs varies. You can access the trade events section of export.gov at the following: www.export.gov/tradeevents.html. Selecting the Catalog Show category under the International Trade Events link produces a roster of forthcoming PLC events and the trade shows where they are scheduled to take place. Our thanks to Steven Harper and Lisa Huot of the Medical Device Trade Promotion team for their valuable input. |
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