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COVID-19's new normal: A time without trade shows
The roaring (20)20’s got off to a bad start: ecological destruction, political unrest, and a pandemic that knocked the world off its feet. To add insult to injury, 2020 was a leap year…
COVID-19 presented an unprecedented global crisis that rippled through all parts of society. The problem for the construction industry is simple but substantial: the virus spreads from person to person. So, we can’t go to any events that break the boundaries of social distancing.
In the blink of an eye, trade shows around the world were put on hiatus.
BIMexpo in Madrid, Coverings in New Orleans, and Salone del Mobile in Milan were all canceled and (perhaps optimistically) postponed to 2021. BAU in Munich chose another approach and decided to go full-blown digital for January 2021.
With the golden boy of construction canceled, manufacturers were - and are - left aghast at the notion of reaching, marketing, and selling products in COVID-19’s “new normal.”
Will trade shows go back to normal?
According to the BIMobejct survey, only 7% of architecture, engineering, and construction professionals would go to an industry event today, and 43% want to wait until no more cases, or a vaccine is deployed.
The recent vaccine developments are shedding some light of hope on what was a rather bleak scenario. With this said, it’s easy to think that everything will “go back to normal” one day. However, the “normal” we once knew might not be the same after COVID-19 blows over.
We don’t want to sound the alarms not blurt out that trade shows have left the building permanently. They are important, and they will return someday. The million-dollar question is when, how, in which format, and for what purposes.
No traveling? No trade shows
The pandemic highlighted the importance of hygiene, imposed a new code of social conduct, and made us acutely aware of potential health risks in our everyday lives.
We’ve all been affected by the outbreak. But one particular industry was pointed out as THE corona culprit: the travel industry.
But how does this impact us? Well, traveling is imperative to the livelihood of trade shows. Without people, manufacturers lose out on the opportunity to build new relationships and WOW AECOs with new products.
A majority of architects will travel less – even after COVID-19
Will the travel and transportation industries’ bad reps trickle into the post-pandemic world? The unfortunate answer is: probably.
- According to our survey, 55% predict they will travel less – even after the pandemic.
As we’ve previously said: trade shows will return. But COVID-19 made us a bit more wary about safety hazards. During our part 1 LIVE webinar (recorded version available), Emil Augustusson, Head of VDC at Veidekke Entreprenad, stated:
“Even after COVID, going to trade shows means that you’re putting yourself at risk of contracting other diseases. It could put you out of work for weeks. This new sense of health awareness might impact whether we’re allowed to – or even willing to – go to trade shows in the future.”
46% of architects research products online
One of the main advantages of trade shows is that it gives manufacturers an opportunity to showcase new products and unveil new developments.
However…
The survey uncovers a massive rift in expectations: AECOs don’t attend trade shows for product research. Rather, 45% go to education and conferences.
So, the question is: how are they researching products for their next great design? Well, 46% state that they use search engines. Only 9% rely on trade shows.
What does this mean for manufacturers? Well, you need to increase your digital presence if you want to create product traction, generate leads, and get specified.
Find out how the BIMobject marketplace helps manufacturers reach architects online.
Digital tools are becoming the new norm in construction
Since the advent of the pandemic, the world has seen an unprecedented breakthrough in the adoption of digitization tools. Over the course of a day, companies all over the world were forced to switch from face-to-face activities to virtual counterparts.
Construction has often been seen as traditional and technologically laggard. But for the professionals within the industry, things are starting to change: 52% of AECOs state that the pandemic made their work “a lot more digital.”
Is this a COVID-19 fluke? Or will the trend persevere? Our respondents are leaning towards the latter: 61% expect to use more digital tools even after the crisis.
Manufacturers need to get digital to sell to architects
COVID-19 propelled the need for digital tools, and it’s slowly but surely becoming a natural part of the ”new normal.”
AECOs are getting accustomed to the virtual workspace and their new tools. Their digital maturity rises for each day that passes by, and they expect you to follow suit.
The ongoing digitalization process poses both a challenge and a significant opportunity for the conservative construction sector. But the bottom line is: manufacturers need to start adapting their strategies and adopting new tools to keep up with architects in the “new normal” – and beyond.
Want more?
Download Trade shows are canceled: How to reach architects in the new normal for more statistics and industry insights.
Psst... Part two will be released in Q1 2021. Keep your eyes peeled and Follow us on LinkedIn to get it as soon as it drops.
Sarah Chase
Global Content Marketer
