Taking Aim, Cannon Advantage Monthly Newsletter

Print in PDF Format

Volume 4, Issue 7 - July, 2005

2005 Las Vegas Hardware Show Review

• Editor’s Note
As we approach our move to 13985 Aquilla Road in Burton Ohio, the number of things to be done is expanding while the time to do it in is contracting. I love this consulting work and have put off some of the move issues to concentrate on strategies for several new clients. Now that these are completed, I am grudgingly going to devote the majority of the next week and a half to moving chores. However, if you need help with a strategy for your new product, I would be overjoyed for the diversion from my moving responsibilities.

• 2005 Las Vegas Hardware Show
Last year there were two hardware shows and now there is one. In many respects, the 2005 Hardware Show reminded me of Chicago Shows of years gone by. The first thing that struck me as I stepped off the plane at 11:30 pm Las Vegas time (2:30 am my time) was the tremendous number of people in the airport. Even worse was the cab line to the hotel. With nothing but carry-on luggage, I had a vision of zipping through the airport and on to my hotel in short order. That vision evaporated as I waited in line for a cab for over an hour and then again as I waited to check into my room. (It was 4:30 am eastern time when I finally hit the bed.)

I arrived at the show early to watch the activity and there was plenty of it. Traffic at the show far exceeded the traffic at the last couple of Chicago Shows. While there were rumors that the big boys (Depot, Lowes, etc.) were not going to be at the show, they were in fact there though not wearing Retailer badges or using the corporate identities. The same could be said of Snap-On and other major players. While Retailer and Distributor badges were not always visible, there were a large number of distributors there that were entirely new to me. Specialization continues to change the field in which we play.

Early reports from manufacturers were that the traffic was good and that they were anxious to see what subsequent days at the show would bring.

There were some rough edges to the show. Not the least of which was the crazy layout. Most of the domestic suppliers were in the main area, but there was another group that was hidden at the back of the Gourmet Food Show on the lower level. This was unfortunate for them and for attendees. Further complicating the show was the fact that most of the imported products were in a different building and it took a good half-hour to get there by bus. Signage was less than adequate in finding the busses and finding the right halls.

Next year, it was promised, will have all of the Hardware Suppliers together in one show venue. That will be a huge help.

Another area that left something to be desired was the new product area. There was too much stuff crammed into too small an area. If one person stopped for even a second to look at an item, the entire area came to a stand still. The items were packed too closely together and the isles were way too small for the traffic level.

I must confess that I didn’t attend any of the educational programs because I only had two full days at the show and I needed every minute to see everything.

Last year there were almost no traditional big names from the Chicago Hardware Show. This year there were a number who participated and I will bet that by next year there will be an even larger contingent in spite of the fact that there will be a Cologne Show in 2006. (I still wish that the Cologne Show and the U.S. Show could alternate years.)

Those of you who did not attend but are considering their options for 2006 may want to read what others are saying about the show as well. I always appreciate what the folks at the National Retail Hardware Association have to say about the show and you can check it out at http://www.nrha.org/05274.html . Another interesting perspective comes from Hardware & Home Centre Magazine in their report at http://www.centremagazine.com/article.asp?id=43567&issue=05242005&lid=43567&lpos=dailyNews .

Even after reading all of the articles about the show, the primary question remains. “Does participation in this show make economic sense?” If you are going to judge the show on the orders written, I suspect you will be better off staying home. If, however, you want to position your company and your products in the minds of distributors, retailers, trade press and others, then you may want to consider participation. If you want to see what is going on in your industry, then this show is a great place to get educated and to educate your people. If you want to optimize your time and expense by seeing the largest number of customers and prospective customers then you might want to consider participation. If you want to build as much hype as possible for your new product, then the Hardware Show is the place to do it.

The Hardware Show was a great show for me that has already resulted in two new clients and two more prospective clients. As much as I dislike the clanging bells of the casinos and the circus like atmosphere, you can safely bet that I will again be at the Hardware Show in 2006. I hope to see you there!

• Why vs How Management
Recently we developed a half day workshop for supervisors and managers that is an experiential exercise that clearly demonstrates the advantages of Why based management over How based management. If you would like to improve leadership in your organization, this program is for you. Give us a call at (866) 598-8450 to learn more.

If you have a subject that you would like to see covered in future issues of “Taking Aim,” please send me an email at aim@CannonAdvantage.com.


Return to:    Top       Newsletters       Home Page

Bob Cannon, Principal, The Cannon Advantage

Robert E. Cannon
Management Consultant
175 Sorrelwood Lane,
Chagrin Falls,
OH 44022 USA
866.598.8450 phone/v-mail
440.338.7159 facsimile

aim@cannonadvantage.com


 Cannon Advantage
Consultant Services

Strategy

"Best Practice"
Business Assessment

Industry Trend Analysis

New Product Introduction

Product/Market Management

Sales Force Development
& Motivation

Change Management
& Appreciative Inquiry

Customer Service Assessment for ISO Requirements

E-Commerce Support


Smart Thoughts from Smart People –

"Laugh at yourself, but don't ever aim your doubt at yourself. Be bold. When you embark for strange places, don't leave any of yourself safely on shore. Have the nerve to go into unexplored territory."

Alan Alda

 

"Many people die with their music still in them. Why is this so? Too often it is because they are always getting ready to live. Before they know it, time runs out."

Oliver Wendell Holmes, Jr.

 

"The more you praise and celebrate your life, the more there is in life to celebrate."

Oprah Winfrey

 

"Lead the life that will make you kindly and friendly to everyone about you, and you will be surprised what a happy life you will lead."

Charles M. Schwab





Print Newsletter as PDF

Click to get Acrobat Reader  

Taking Aim © 2005 Bob Cannon, The Cannon Advantage Newsletter. All Rights Reserved.

The Cannon Advantage visual branding by Zarney Creative.  For contact information, click “Resources.”


Recommend this site to a friend