How Should I Distribute Fun Dollars at a Multi-Vendor Show?

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Discussion Overview

The thread discusses strategies for distributing fun dollars at a multi-vendor show, with participants sharing their thoughts on how to engage attendees and encourage product interaction.

Discussion Character

  • Exploratory
  • Opinion-based
  • Anecdotal

Main Points Raised

  • One participant, identifying as a consultant, is unsure about how to distribute fun dollars during their salsa/salad chopper demo and is seeking ideas on when to give them out.
  • Another participant suggests giving fun dollars for each question directed towards products, trying products, and offering a bonus for placing orders.
  • One participant expresses a desire to be generous with fun dollars but also wants to generate orders, noting that the event is more about having fun with a friend.
  • Another participant proposes the idea of offering double dollars for bookings.
  • One participant agrees that the idea of double dollars is good.

Areas of Agreement / Disagreement

Views differ on the best approach to distributing fun dollars, with no clear consensus on a specific strategy.

Contextual Notes

The discussion takes place in the context of a multi-vendor show where consultants are encouraged to engage with attendees through product demonstrations and fun dollar incentives.

Who May Find This Useful

Consultants participating in similar multi-vendor events may find the shared experiences and ideas relevant to their own approaches.

ChefPaulaB
ChefPaulaB
Messages
1,386
I am doing a multi-vendor show tonight and the host has made up fun dollars for all of us to give out to people. We are supposed to give them out for whatever reasons we can decide... like if they ask a certain question, or try something or just for visiting our table. It will start with each of us introducing ourselves and then we'll all be at our own table. Then everyone will just wander around like an open house. I am planning on doing the salsa/salad chopper demo, just not sure how to handle it. If I should say during my intro that I will be doing the demo at such & such a time, or just start and it and have anyone around try it and just have it keep going. And if I should give the fun dollars out then, for whoever tries the salad choppers, or whoever places an order with me.... I guess that is my main question, what should I give out the fun dollars for? She is scheduling an auction type thing at 8:30 for people to use their fun dollars for, all of the consultants are donating a prize (I'm donating the Holiday cookbook). So, any ideas or suggestions for the fun dollars and as to how to work the salsa demo would be greatly appreciated. Sorry this post is so all over the place, just trying to get a bunch of things done, too many things going on in my brain right now..... TIA!
 
i would give dollars for each question the direct towards a product you have on display, plus for them trying the products, and then a bonus for ordering! Is there a limit to how many dollars you can give out?
 
  • Thread starter
  • #3
I don't think there is a limit, she said we can do whatever we want with them, so I'm thinking I'll be pretty generous, but I would like to generate some orders too.... Not sure how I feel about competing for people's money at a show. The only reason that I'm doing it is it's for a friend, and we're doing margaritas and hot tub after the show! So, I guess even if I don't do well, it'll be a fun night with a friend, but commission and sales (and free stuff for my friend) are always a bonus! Any thoughts on the demo?
 
Double dollars for bookings?
 
  • Thread starter
  • #5
Oh, that's a good idea!
 

Frequently Asked Questions

What are Fun Dollars in the context of a multi-vendor show?

Fun Dollars are promotional coupons or credits that can be distributed to customers at a multi-vendor show. They can be used to encourage purchases, create excitement, and incentivize attendees to visit your booth or make a purchase from your products.

How many Fun Dollars should I distribute at a multi-vendor show?

The number of Fun Dollars you distribute can vary based on your budget and sales goals. A common practice is to allocate a specific amount per customer, such as $5 or $10, depending on the average purchase amount you expect. Make sure to balance the amount you give away with your overall profit margins.

What is the best way to distribute Fun Dollars to attract customers?

To attract customers, consider offering Fun Dollars as a reward for specific actions, such as signing up for your newsletter, making a purchase, or participating in a product demonstration. You can also create a fun game or raffle where attendees can earn Fun Dollars by engaging with your booth.

Can I set an expiration date on Fun Dollars?

Yes, setting an expiration date on Fun Dollars can create urgency and encourage customers to make a purchase sooner rather than later. A common practice is to have them valid for the duration of the show or for a limited time after the event, such as one month.

How can I track the use of Fun Dollars at the show?

To track the use of Fun Dollars, you can create a simple system where customers must present their Fun Dollars at the time of purchase. Keep a record of how many Fun Dollars are distributed and redeemed. This will help you analyze the effectiveness of the promotion and adjust future strategies accordingly.

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