What will it cost to participate in an exhibition? Not quite unimportant, especially if you wish to participate for the first time.
Should you buy or rent a stand? you will definitely wonder. Even if you are an ‘experienced’ exhibition participant it might be wise to check the costs of an average exhibition participation once again. What are the actual costs of for example a stand, stand rental, stand staff and additional promotion.
A smart reader who believes that it’s not just about the costs, but mainly about what a participation will bring a company, is right of course. In this article you will find a couple of tips to calculate the costs of an exhibition participation fast and with reasonable certainty and some saving tips.
In order to gain insight into the different costs which are related to an exhibition participation you can use the following formula:
• 25% of the costs: stand rental
• 40% of the costs: stand construction
• 15% of the costs: stand staff (inclusive of travel- and accommodation expenses)
• 20% of the costs: promotion/marketing (mailings, ads, premiums etc.).
In order to make a good estimation of the total costs of your exhibition participation, you can use the following simple sum. Multiply the costs of stand rental by 4.
Of course this is a guideline, which also depends on the actual situation and which is based on an exhibition participation in the Netherlands or neighbouring countries. The costs with regard to stand construction are comparable in those countries, making this formula quite reliable. Travel- and accommodation expenses will be much higher for exhibition in foreign countries.
It’s inevitable: You will have to rent a stand. A stand in the Netherlands will cost 150-200 Euro (B2B exhibitions) per m2 on average, meaning a stand (“empty surface”) of 20m2 will cost approx. 3500 Euro. The total costs of an exhibition participation will supposedly be approximately 14.000 Euro:
|Stand rental 20m2: (175 euro/ m²)||3.500|
|Stand construction: (280 euro/ m²)||5.600|
|Stand staff (inclusive of travel- and accommodation expenses):||2.100|
|Promotion (mailings, ads, premiums etc.):||2.800|
In above mentioned example 40% of the total costs goes to stand construction. On average, stand construction will cost 250-300 Euro per m2. In most cases it allows you to realize quite a nice stand.
Yet, there are stands which will cost much more, sometimes even 1.000 Euro per m2. In most cases it concerns prestigious objects with an extremely special design.
Above mentioned costs apply to every exhibition participation. With regard to stand construction savings can be obtained if you choose the same stand construction again and again. For example if you choose modular stands, for example a stand system or a portable stand.
Modular stands and stand systems guarantee flexibility, appearance and cost savings. After all, a flexible stand means you have to invest in a sustainable and reusable stand only once. Besides, this stand can easily be adapted to factors like set-up, appearance and communication.
Furthermore, in most cases you can easily transport and build our modular stand solutions yourself, which results into extra savings. Do you prefer more service and comfort? It’s possible. Our experienced construction team takes care of your stand to the last detail. Both in and outside Europe.