|

This is a great topic! At La Nova,
both as an operator and as a manufacturer, we have reaped the benefits of trade
shows and gotten a lot of growth and revenue from attending events that were focused
to our business. We have attended the pizza-specific trades and our distribution
partner shows for years and actually developed our La Nova Wings concept based
on attending the shows and seeing a need for the items we sold that was not being
fulfilled! But the most important value to you, as an independent operator, is
to find ways to grow and develop your brand and position it for the future. A
good trade event can help you do just that.
One benefit and goal from attending an industry
trade show is the ability to negotiate programs and take advantage of incentives
offered by the manufacturers of items you use. Your key items, sauce, cheese,
dough products, and, of course, wings are manufactured by brands that want to
keep and grow your business. You can get everything from marketing programs negotiated
to getting POS materials to drive more business at your stores. Manufacturers
view this time as an opportunity to hear face-to-face about your business and
help you expand and grow. You need to take that opportunity to ask them what they
are offering to you as a partner. What current incentives are they running? What
can they do to help you grow your business? What new products and innovations
do they suggest to impact your bottom line in a positive manner? Ask those questions,
and get more value from that time together.
Another benefit that brings to mind is new product
and menu development. At a trade show, you have brands showing off what they believe
to be their best products and highlighting new and creative ideas. Our goal is
to always walk out of the show with at least one solid idea or item that we can
add to our menu, or, just as importantly, do something more efficiently than we
are currently doing it. You need to look at the show in a working capacity. Time
away from your store should be about getting value out of the show, not using
it as a social situation. It’s good to go to a nice area and have a little fun,
but if you approach the show with the mindset that you are going to work, you
will find value much more often than not.
One last direction
I want to give you is in reference to your distributor trade shows. During the
show ship periods, manufacturers reward their customers with discounts and incentives.
Make sure you don't only look for the new items, but go to the booth and book
your deals yourself! Bring volumes on key items, and make it a profit center for
you rather than letting your salesperson book your items for you.
You need to go to that show thinking about
how much money you can earn there and save for sometimes up to 10 weeks!
La Nova Wings fully endorses and tries to drive
as much activity at the trade shows as possible. We are a proponent of industry
growth and we have strengthened our pizzeria operations by doing exactly what
we are suggesting here. Go to your distribution partner shows and get your deals
done. Find industry-related shows that cater to our specific needs and attend
them annually. There is always something there you can find that will help you
grow your business. Attend seminars that will teach you something that will help
you add more to your bottom line. And most importantly, approach the show in a
workman-like manner and try and find the one great thing that makes you better
that you never thought about . . . it's there.
– PMQ –
Joey Todaro is the grandson of La Nova founder Papa
Joe Todaro and President of La Nova and La Nova Wings. He has spent the majority
of his life in the pizzeria and buffalo wing business, and is responsible for
overseeing stores that average $100,000 per week in sales.
|