10 Strategies to Convert Trade Show Leads in 2024

Here’s how to turn cannabis trade show contacts into customers:

  1. Follow up within 48 hours
  2. Score and rank leads
  3. Use multiple communication channels
  4. Create targeted cannabis content
  5. Leverage CRM and marketing tools
  6. Build relationships on social media
  7. Offer post-show deals
  8. Host online events
  9. Start a referral program
  10. Analyze data to improve
Strategy Key Benefit
Fast follow-up Strike while interest is high
Lead scoring Focus on best prospects
Multi-channel outreach Meet leads where they are
Targeted content Address specific pain points
CRM tools Automate and track follow-ups
Social media engagement Stay top-of-mind
Special offers Incentivize quick decisions
Virtual events Provide ongoing value
Referrals Expand reach organically
Data analysis Refine approach over time

These tactics help cannabis companies maximize ROI from trade shows. The key is to act quickly, personalize outreach, and provide ongoing value to nurture leads into customers.

What is Trade Show Lead Conversion?

Trade show lead conversion turns contacts made at cannabis events into paying customers. It’s crucial but often overlooked.

Definition and Importance

Lead conversion starts when you collect contact info and ends when that person buys. It’s about building relationships and closing deals.

Why it matters:

Reason Impact
ROI Converts event costs into sales
Competitive edge Faster follow-up beats competitors
Customer insights Learn about buyer needs
Brand building Keeps your company top-of-mind

Cannabis Industry Challenges

  1. Legal gray areas
  2. Banking restrictions
  3. Stigma
  4. Rapid market changes

To overcome these, cannabis companies need to be smart and fast. MJBizCon saw over 35,000 attendees in 2022. With so many leads, a solid conversion strategy is a must.

"Understand why these leads are coming to your website in the first place. What is the underlying problem they are trying to solve?" – Jordan Pritikin, HubSpot

1. Quick Follow-Up After the Show

Time is money in cannabis. Fast follow-up can make or break a new customer opportunity.

Contact Leads Quickly

Reach out within 48 hours. Here’s why speed matters:

Benefit Impact
4x higher conversion rate When following up instantly
Beat competitors Many take days or weeks to respond
Keep interest high Leads may lose interest if you wait

Custom Email Templates

Use personalized emails like:

"Hey [Name], Great connecting at XYZ show. Let’s chat about [topic] on [date/time]. All the best, [Your Name]"

Use Automation Tools

  1. Use a CRM to organize and score leads
  2. Set up automated email sequences
  3. Integrate your tech stack

Create a workflow that extracts lead data, uploads to CRM, and triggers follow-ups.

2. Sort and Rank Leads

Sort and rank leads to focus on the most promising prospects.

Lead Scoring System

Create a simple scoring system:

Score Description
A Ready to buy, ideal customer
B Interested, needs more info
C Potential future customer
D Not a good fit

Assign points based on job title, company size, budget, timeline, and engagement.

Group Leads by Interest

Sort into hot, warm, and cold groups:

  • Hot: Multiple contacts, asked for pricing
  • Warm: Showed interest, requested info
  • Cold: Minimal interaction

"It can help you determine who is most worthy of your attention." – J. David Green, PipeAlign

Use your CRM to track and update lead status.

3. Use Multiple Communication Channels

Reach out through different platforms to connect with prospects where they’re comfortable.

Use Various Contact Methods

  • Email: Set up automated sequences
  • Phone: Use for high-priority leads
  • Social Media: Connect on LinkedIn or Twitter

Adjust Messages for Each Platform

Platform Message Type Example
Email Detailed, personalized "Thanks for stopping by our booth. Here’s more info on our CBD products…"
Phone Brief, focused on scheduling "Hi [Name], do you have 15 minutes to discuss our conversation at the show?"
LinkedIn Professional, industry-focused Share an article about cannabis regulations

"40% of internet users utilize ad blockers. Cannabis businesses should focus on strategic communications to establish credibility."

4. Create Targeted Content

Make content that speaks directly to your leads to stay relevant and build trust.

Cannabis-Specific Content

  • Educational blogs on compliance, quality, or trends
  • Product reviews
  • How-to guides for cannabis businesses

"We’ve found success by engaging on LinkedIn and maintaining a presence on Instagram." – Marissa Black-Smith, NisonCo

Scheduled Email Series

  1. Welcome email
  2. Educational content
  3. Case study
  4. Offer

Tips:

  • Segment your list
  • Use clear subject lines
  • Keep emails short
  • Include a clear call-to-action
sbb-itb-430f9b7

5. Use CRM and Marketing Tools

Choose the right tools to manage and convert your cannabis trade show leads efficiently.

Choose Cannabis-Friendly CRM

Look for platforms like:

Set Up Automatic Follow-Ups

  1. Import trade show leads
  2. Create lead scoring system
  3. Design follow-up sequences
  4. Use segmentation
  5. Track engagement

"We’ve found success by engaging on LinkedIn and maintaining a presence on Instagram." – Marissa Black-Smith, NisonCo

6. Use Social Media to Build Relationships

Keep in touch with leads after the show using social media.

Connect on Professional Networks

Focus on LinkedIn:

  1. Optimize your profile
  2. Join cannabis-focused groups
  3. Personalize connection requests
  4. Engage regularly

Share Useful Industry Information

Post helpful content like:

  • Industry news
  • Legal updates
  • Product education
  • Safety tips

"We’ve found success by engaging on LinkedIn and maintaining a presence on Instagram." – Marissa Black-Smith, NisonCo

Tailor content to each platform.

7. Offer Special Deals After the Show

Turn leads into customers with post-show offers.

Limited-Time Offers

Create urgency:

  • Set clear expiration dates
  • Use phrases like "Exclusive post-show discount"
  • Consider flash sales

Personalized Offers

Tailor deals based on lead interests:

Offer Type Description Example
Tiered Discount Bigger savings for larger purchases 10% off $100+, 15% off $250+, 20% off $500+
Bundle Deal Combine related products Buy 3 edibles, get 1 free
Loyalty Reward Special offer for repeat customers Double points for a month

"The excitement of 4/20 doesn’t have to end when the day is over." – Laurie Parfitt, LKP Impact Consulting

8. Host Online Events After the Show

Keep momentum going with virtual events.

Informative Online Sessions

Plan webinars or meetups on:

  • Industry trends
  • Product deep dives
  • Regulatory updates

Solve Common Problems

Address challenges through:

  • Q&A sessions
  • Case studies
  • Expert panels
Event Type Description Benefits
Webinar Live online presentation Wide reach, Q&A
Virtual workshop Interactive session Deeper engagement
Online panel Multiple experts discuss Diverse perspectives

Record events for leads who can’t attend live.

9. Start a Referral Program

Turn new contacts into ongoing leads with a referral system.

Ask for Referrals

Make it easy and appealing:

  • Ask when leads are most engaged
  • Simplify the sharing process
  • Explain the benefits

Referral Rewards

Choose motivating incentives:

Reward Type Example
Discounts 10% off next purchase
Cash $50 for successful referral
Free Products Free gram of cannabis
Upgrades 1 month premium membership
Charitable Donations $25 to local charity

Consider a dual-sided reward system.

10. Use Data to Improve

Track and analyze your efforts to refine strategies.

Measure Important Numbers

Focus on key metrics:

Metric How to Calculate
Lead Conversion Rate (Conversions / Total leads) x 100
Cost Per Lead (CPL) Total costs / Number of leads
Close Rate (Total sales / Qualified leads) x 100
Projected Business Value Qualified leads x Close rate x Added value

Test Different Approaches

Use A/B testing:

  1. Pick one element to test
  2. Create two versions
  3. Send to similar groups
  4. Compare results

"Use that data to increase conversion rates among newly subscribed targets." – Zach Santarsiero, VP Digital Marketing

Keep testing as market trends change.

Conclusion

To succeed in 2024, cannabis companies must follow up quickly, use data-driven strategies, engage across channels, and continuously improve. The future of trade show marketing includes more virtual components, hybrid events, and data-driven approaches. Stay competitive by developing engaging brands, preparing for various event types, and investing in high-tech solutions.

Related posts