PRA Health Sciences
Trade show and event marketing is a multifaceted endeavor, requiring strategic thinking and detailed tactical implementation. While they require long-term planning, more times than not these events are typically implemented with short lead times with unforgiving deadlines. Under these circumstances, it can be difficult identifying the real causes of problems that are keeping the program from being successful or even more successful.
Challenge: Balancing Impact and Cost-Effectiveness in an International Global Trade Show Program
PRA Health Sciences (PRAHS) is a global organization that provides innovative drug development solutions across all trial phases and therapeutic areas. They approached Stewart with concerns about several key issues:
- Return on investment. PRAHS felt its existing custom exhibit was effective but it was not convinced of its cost-effectiveness.
- Global Exhibition Program Management: Through joint ventures and acquisitions, PRAHS had undergone rapid growth as an international organization. As a result, it required an efficient and cost-effective methodology for its multiple divisions in the US, EU and APAC to use its inventory of exhibits, graphics and accessories.
- Branding: As its share of the clinical research market grew, PRAHS recognized the need to update its branding to better reflect the company’s leadership role.
Solutions
ROI: Cost Effective Design and Production
Stewart input all of PRAS’s operational costs into its Trade Show Planning Guide. This guide provides an overview of all the costs associated with a trade show, regardless of size, location, or the nature of the exhibition. Through the use of the planning guide, PRAHS learned that due to the weight and complexity of their custom exhibit the cost of freight, drayage and labor were excessive.
With a goal of producing a more flexible cost-effective exhibit, Stewart designed and built a “Hybrid” exhibit. Hybrid exhibits combine the modularity and lightweight of systems exhibits with custom components. This ensured that the exhibit architecture delivered the unique look, tone and feel of the corporate brand while delivering products and services messages.