![]() This increases to 83% of retail buyers and 86% of natural food store buyers. Among past Expo East buyers (retailers, distributors, wholesalers and food service buyers), 80% indicate they are likely to attend. ![]() The Natural Products Expo Virtual platform, launched in 2021, will enable in-person attendees to efficiently plan their show and provide ample opportunities for those who cannot attend in person to join virtually.Īccording to a new survey from New Hope Network, community members are ready and excited to return to the event, promising to bring a healthy dose of business deals and networking over the course of four information-packed days. The expanded event will feature an expo floor with innovative new products and the return of much of the in-person education, entertainment and networking that has made Natural Products Expo East the industry’s premier place to do business on the east coast. Lightweight materials will help lower drayage costs.Survey Finds Retailers Are Ready to Return to the Show Floor to Discover Innovative Products and Meet with Exhibiting BrandsīOULDER, Colo., J(GLOBE NEWSWIRE) - Natural Products Expo East, convening members of the Expo East and Expo West communities, is now actively assigning booths to exhibitors and registering retail buyers along with other industry attendees for an in-person event with extended digital offerings this September 22-25 at the Pennsylvania Convention Center in Philadelphia. “This will allow them to save money by reusing the booths and give them the flexibility to have different booth sizes at different shows. “As it relates to booths, companies should make their booths modular, lightweight and sustainable,” Howell added. Other activities exhibitors can do to drive traffic includes signing up the Expo’s virtual platform, where retailers use to identify companies to connect with, and representing their brands while walking the show floor. ![]() Companies that are outgoing, proactive in outreach leading into the show, leverage their contacts and network to drive awareness, and are engaging while in their booth are the most successful.” “Traffic is pretty consistent throughout the show floor. “It starts before the show,” Howell said. “Just go directly to the retailer.”īut the show organizer argues whether exhibitors will actually gain meaningful profitability depends on how proactive they are. “The cost of trade show booths is immaterial if there is no return,” he commented. Jeremy Smith, founder and CEO of LaunchPad Group that provides full business service strategy for emerging food brands, noted how some “really large” exhibitors’ missing from the show this year indicates a lack of true ROI, and how many brands had record sales during the peak of the pandemic without going to any trade shows. There are also naysayers claiming exhibitors are largely focused on the hype, while overlooking the actual returns, and the high cost has excluded CPG founders in underrepresented and less privileged communities from attending the show. Other brands in the wellness space, dalci, Waterdrop, and Sow Good, have also booked 10-20 meetings with retailers and distributors. Strategic retail and e-commerce partnerships Chomps secured at the Expo are expected to generate well over $2 million in revenue next year, CEO Pete Maldonado predicts. Julia Stamberger, CEO and cofounder of The Planting Hope Company, said her team secured 30 retail meetings and 25 export discussions at the show, with one international customer helping close a $70,000 purchase order, which will likely result in $300,000 annualized business. “We sampled to over 8,000 influential people, and met with an incredible amount of key customers,” said Aimee Yang, founder and CEO of low-carb, high-protein food tech company Better Brand. Other companies relatively on the lower end of budget include plant-based food manufacturer Wholly Veggies: $13,500 in total including $5,000 for a 8x20 booth, $6,000 for booth design, and $6,000 for accommodation and travel better-for-you snacks brand Daily Crunch: $10,000 spent on booth, half of which was subsidized by being part of Southern United States Trade Association and vegan protein bars startup Mezcla: an estimated $25,000 - $30,000 in total.ĭespite that the average cost of attending the Expo can take up about 20% of a company's annual revenue, the majority believes future returns are substantial. The Planting Hope Company spent $56,000 in total, including two 10x20 booths -one for its recently acquired RightRice, buildout of booth and material costs, staffing (two baristas hired to be onsite), travel, shipping, and samples.
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