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Thorben Grosser serves as VP of Partnerships and Channel at EventMobi, bringing 15+ years of expertise in strategic event planning and industry leadership. In his current role, he collaborates with event agencies and AMCs to enhance their strategic capabilities while sharing practical insights on emerging trends and best practices.
Whether on the world stage or within our own industry, negotiations are everywhereand their outcomes matter more than ever. In a time marked by geopolitical tension, fragile supply chains, and economic uncertainty, the ability to negotiate effectively isnt just a business skillits a survival tool.
Avoid pitfalls and protect your event Contracts are the lifeblood and backbone of the meetings industry. Negotiating contracts is the first step before confirming speakers, color themes or catering options. Budget Cuts and Cancellations Shifts are bound to happen, especially for financial reasons.
The real magic lies in negotiating SaaS contracts. With the right skillset and a clear understanding of your organization’s needs, you can emerge from the negotiation process with a contract that drives significant value and savings. We’re here to guide you through the essential elements of negotiating your next SaaS contract.
It wasn’t long ago that force majeure was commonly perceived as insignificant boilerplate language added to the end of an event contract. Then 2020 and a global pandemic hit, and the provision was suddenly viewed as an instrumental clause that could shield event hosts from legal action as a sea of cancellations was sweeping the industry.
We recently convened a roundtable of senior-level conference organizers to discuss risk tolerance and the forces that are shaping their 2021/22 event strategies and decisions. Three primary risk categories are emerging as organizations weigh their options for major conferences in 2021: Mitigating financial risk. Financial predictions.
Virtual and augmented reality for event previews, AI-powered event apps, and seamless hybrid event solutions will differentiate successful venues. Customers expect venues and events to cater to their specific needs, whether through curated delegate journeys, personalised digital interactions, or bespoke on-site services.
Financial and insurance industry meeting planners face complex demands. Many plan both internal and customer events, incentive trips and sales meetings. That makes accommodating their needs in the workplace and at events a business opportunity rather than a compliance problem. The stakes are high, and rules must be followed.
With that in mind, I decided to search Amazon for event planning and management books with at least 100 reviews and a rating of 4 stars or higher. If youve ever done a similar search and felt a bit overwhelmed by all the choices, heres a list of the top six event planning books on Amazon with more than 125 reviews and ratings of at least 4.2
Creating experiences, setting the stage for networking opportunities, and fostering connections among colleagues and association members are what the meetings and events world is all about. What they aren’t so great at is considering the nuances in your financial plan. Tips for Negotiating Your Next Big Event Contract Cheryl M.
Corporate event planning is notoriously labor-intensive, with planners often reinventing the wheel for each new event. Yet, putting on a seamless, branded event experience is essential for driving sales, cultivating relationships, and elevating your company’s profile. What is Corporate Event Planning? The good news?
Negotiate a clause about what will make an eventfinancially important to go forward and negotiate based on that.”. Instead, talk about concerns of people canceling and negotiate at what point it doesn’t work. Fee Negotiation. That doesn’t help you. Read More : A Breakdown of Post-Pandemic Contract Clauses.
Business event planner respondents to Convene s 31st Annual Meetings Market Survey shared their biggest work challenges in open-ended responses, which fell into similar categories as the 2023 responses, but with budget woes taking the lead. Event logistics last-minute registrations continue to add to the pressure of executing events.
Financial and insurance industry meeting planners face complex demands. Many plan both internal and customer events, incentive trips and sales meetings. That makes accommodating their needs in the workplace and at events a business opportunity rather than a compliance problem. The stakes are high, and rules must be followed.
Financial and insurance industry meeting planners face complex demands. Many plan both internal and customer events, incentive trips and sales meetings. That makes accommodating their needs in the workplace and at events a business opportunity rather than a compliance problem. The stakes are high, and rules must be followed.
Financial and insurance industry meeting planners face complex demands. Many plan both internal and customer events, incentive trips and sales meetings. That makes accommodating their needs in the workplace and at events a business opportunity rather than a compliance problem. The stakes are high, and rules must be followed.
A large fund from the national government is now available to destinations making bids to host larger events from outside the country. million (CA $50 million) fund to enhance their destination’s appeal to event decision-makers. There must be sufficient information to determine economic benefits to the region for hosting the event. .
As attendees filed into The Village in the Financial District of San Francisco on Thursday, they were welcomed warmly and ushered to a swag buffet, where they picked their own gift bag items, just as they would soon be choosing their own agenda and action items. The first-ever Together Women Achieve meeting started with a hug. Strong Finish.
Financial and insurance industry meeting planners face complex demands. Many plan both internal and customer events, incentive trips and sales meetings. That makes accommodating their needs in the workplace and at events a business opportunity rather than a compliance problem. The stakes are high, and rules must be followed.
This is the third in a series of blogs posts, written collaboratively by our team, which uncover lessons learned in advising dozens of our clients on their events in the time of COVID-19. The previous low for occupancy was during the financial crisis in 2009 when occupancy was 55 percent. From Recovery to Reform.
Financial & Insurance Conference Professionals (FICP) brought 700 thought leaders together at JW Marriott Marco Island Beach Resort in Florida to prepare meeting professionals for whatever comes next with a call to reflect, discover and recharge. Strategies for producing memorable events boiled down to the following.
Financial and insurance industry meeting planners face complex demands. Many plan both internal and customer events, incentive trips and sales meetings. That makes accommodating their needs in the workplace and at events a business opportunity rather than a compliance problem. The stakes are high, and rules must be followed.
A Guide for Event Profs in the Age of Rising Costs Welcome to 2024, where contract negotiations continue to be a critical but dreaded aspect of event planning. In this day and age, negotiation skills are even more essential as event professionals strive to deliver memorable experiences while staying on budget.
In the recently released report from The Exhibitor Advocate and Evolio Marketing, “The State of the Event Industry: From the Perspective of Exhibit and Event Marketers,” nearly half of exhibitors expressed a mistrust of show organizers. The research shows that cost is the number one challenge for exhibitors.
Financial and insurance industry meeting planners face complex demands. Many plan both internal and customer events, incentive trips and sales meetings. That makes accommodating their needs in the workplace and at events a business opportunity rather than a compliance problem. The stakes are high, and rules must be followed.
Financial and insurance industry meeting planners face complex demands. Many plan both internal and customer events, incentive trips and sales meetings. That makes accommodating their needs in the workplace and at events a business opportunity rather than a compliance problem. The stakes are high, and rules must be followed.
It can also be effectively used by meeting and event teams of all sized to deliver better end products. An organization that undervalues the importance of procurement often pays for it in numerous ways—financial and legal. A 7-Step Process A true process will go beyond RFP sourcing and site selection, contracting and negotiations.
Now that compression is making available space an endangered resource and inflation is pushing up prices for even the most basic items while companies are hesitant to make binding decisions, the responsibility for explaining the realities of what is possible on both sides of the balance sheet falls to the event planner. By the Numbers.
Financial and insurance industry meeting planners face complex demands. Many plan both internal and customer events, incentive trips and sales meetings. That makes accommodating their needs in the workplace and at events a business opportunity rather than a compliance problem. The stakes are high, and rules must be followed.
Financial and insurance industry meeting planners face complex demands. Many plan both internal and customer events, incentive trips and sales meetings. That makes accommodating their needs in the workplace and at events a business opportunity rather than a compliance problem. The stakes are high, and rules must be followed.
Creating a budget will keep you on track both financially and mentally. A good way of “trimming the fat” is to get honest with what are your non-negotiables as opposed to your wishes. The post How to Stay Organized While Wedding Planning appeared first on Toronto & GTA Weddings & Special Events Blog.
Financial and insurance industry meeting planners face complex demands. Many plan both internal and customer events, incentive trips and sales meetings. That makes accommodating their needs in the workplace and at events a business opportunity rather than a compliance problem. The stakes are high, and rules must be followed.
The event planning industry has a poaching problem. Although in recent years incidents of hoteliers luring event participants outside the room block have decreased, a majority of event professionals still say they have been victimized. But first, let’s define the challenge as explained by Events Industry Council.
Financial and insurance industry meeting planners face complex demands. Many plan both internal and customer events, incentive trips and sales meetings. That makes accommodating their needs in the workplace and at events a business opportunity rather than a compliance problem. The stakes are high, and rules must be followed.
Financial and insurance industry meeting planners face complex demands. Many plan both internal and customer events, incentive trips and sales meetings. That makes accommodating their needs in the workplace and at events a business opportunity rather than a compliance problem. The stakes are high, and rules must be followed.
Financial and insurance industry meeting planners face complex demands. Many plan both internal and customer events, incentive trips and sales meetings. That makes accommodating their needs in the workplace and at events a business opportunity rather than a compliance problem. The stakes are high, and rules must be followed.
Financial and insurance industry meeting planners face complex demands. Many plan both internal and customer events, incentive trips and sales meetings. That makes accommodating their needs in the workplace and at events a business opportunity rather than a compliance problem. The stakes are high, and rules must be followed.
This table below highlights how blockchain can disrupt various aspects of the financial services industry. Compiling and maintaining these databases is expensive for financial services; this can lead to duplication of effort and can delay transactions. All financial services firms, payment card networks, regulators.
Financial and insurance industry meeting planners face complex demands. Many plan both internal and customer events, incentive trips and sales meetings. That makes accommodating their needs in the workplace and at events a business opportunity rather than a compliance problem. The stakes are high, and rules must be followed.
“Support” de Lorenzo Quinn, artiste italien, Key vendors who service the events industry lost a great deal of experienced talent during the pandemic and they haven’t fully restaffed. Here’s how event organizers can ensure they are still getting the service they require.
This is not to replace group events, but to supplement,” she said. The pair started with 25 brands and negotiated offerings to build a marketplace of “collections” at levels ranging from $1,500 to $10,000 for two guests, including taxes, fees and gratuities. People need an off-the-shelf solution in their sales toolbox.”.
Financial and insurance industry meeting planners face complex demands. Many plan both internal and customer events, incentive trips and sales meetings. That makes accommodating their needs in the workplace and at events a business opportunity rather than a compliance problem. The stakes are high, and rules must be followed.
That includes accidents and natural disasters as well as anything else that can keep your event from making the money it should and being successful, in general. Financial Risks. If a hotel or venue cancels, it can derail an entire event. Having event cancellation insurance is the safest step to take. Lisa Sommer Devlin.
Financial and insurance industry meeting planners face complex demands. Many plan both internal and customer events, incentive trips and sales meetings. That makes accommodating their needs in the workplace and at events a business opportunity rather than a compliance problem. The stakes are high, and rules must be followed.
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