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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. Warner also suggests adding a frustration of purpose clause if the reason the event was planned is no longer viable.
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.
“When you work in consulting, nobody likes you,” Alison Fragale begins the latest Smart Meetings webinar, “ How to Harness the Power of Negotiation to Master Your Post-Covid Events Career.”. Negotiation is a science and an art,” Fragale says. When people think of negotiators, they often think of very masculine things.
Negotiation coach Alex Carter will lead two PCMA Business School sessions during Convening Leaders 2025, on Jan. Negotiation coach Alex Carter starts off her April 2024 TEDx talk, “How to Ask for More — and Get It,” by saying the most important things she knows about negotiation she learned in a kayak.
Payne, CMP, CMM, strategic partner at INNOV8 Meetings + Events , to get her take on the current marketplace and its impact on meeting planners, and some helpful tips and tricks planners should be looking at when drafting up a contract with a hotel or venue. Negotiate the Details Prepare for pushback on all fronts, Payne advised. “I
Having the right negotiating strategy will save time and money. Skift Take: Don’t be fooled by generic concessions and terms offered by hotels. Refugio Garcia Read the Complete Story On Skift Meetings
Crafting the right attrition and cancellation clauses in event contracts is more important than ever. Contract experts share their advice on how best to negotiate in the current climate. Being a smart negotiator […].
The Honourable Artillery Company (HAC) has joined Venue Directorys Instant Booking platform, offering event planners the ability to reserve rooms for up to 30 people with just a single click. And by eliminating the need for lengthy negotiations, the team can focus on what matters mostplanning and delivering successful events.
HOW ARE YOU BRINGING AI TO THE EVENT INDUSTRY? AI is becoming an essential tool in creating production design for large scale events. HOW SHOULD EVENT MARKETERS BE LOOKING AT PRODUCTION BUDGETS IN 2025? HOW SHOULD EVENT MARKETERS BE LOOKING AT PRODUCTION BUDGETS IN 2025? BIGGEST EVENT TECH MISTAKES YOU STILL SEE?
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.
The annual event offered a wide range of education sessions on sustainability, connection, F&B, leadership and so much more. Mark Cooper Smart Meetings Compared to last year, what made this year’s event different? Thats why we include speakers on negotiation, influence and professional development. Its all connected.
The 5 steps to planning and delivering big events By Tony Clark, Production Director & Owner at Experience Creating exceptional experiences at large scale events requires a melding of strategy, creativity and precise execution. A recent report highlighted just how big the events industry is growing.
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. Everyone agrees that planning hybrid events takes significantly more time, money and effort. Member considerations and communications. Hybrid is costly.
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
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?
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.
That often means seeking out third-party agencies and independent planners to attain their goals and create a stellar event. Not only do we do contract negotiations, site inspections and sourcing, but then we help planners with all of the logistics from start to finish.” To watch the full webinar, click here. Use our knowledge.”
Many plan both internal and customer events, incentive trips and sales meetings. Learn More: From Checkboxes to Strategy: Implementing and Leading Sustainable Event Practices Topics included AI adoption, succession planning, contract negotiations, neurodiversity affordances, transportation management and sustainable sourcing.
Smart Meetings Why are these discussions and resources about inclusion and accessibility in the meeting and events industry meaningful? Sophia Hyder Hock Fostering dialogue around inclusion and accessibility is meaningful as business events drive professional growth and knowledge-sharing and create significant economic impact.
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. Tips for Negotiating Your Next Big Event Contract Cheryl M. In short, think big. Time to Adopt a Barrister Pricing Model?
Events take a village. Lenovo Tech World is the global technology company’s annual event, and as events at this level go, it’s an enormous undertaking for the planners organizing it. There were opportunities for us to buy out different destinations and evening event venues that we might not have had access to in a larger city.”
For most business event professionals, rebuilding attendance and overall revenue is priority one. Business event professionals are also challenged to deliver net income to the bottom-line. Business event professionals are also challenged to deliver net income to the bottom-line. Event innovation often takes a back seat.
Fake women event speakers? Yes, friends, it’s now obvious that what our industry needs is… fake events! We are all impressed by those huge events that everyone who is everyone has to attend for FOMO. And getting people to register and actually attend events these days is a ton of work. Instead, create fake events!
. #1 2028 is Poised to Spur a Significant Market Shift With the demand for meeting space continuing to soar, event planners are increasingly feeling the pressure to lock in venues ASAP. Hotels will likely give less room for discounts or concessions, and early contract negotiations will be crucial to locking in favorable rates.
When the creative brief from your initial event strategy session calls for brand and reputational impact, how do you measure if you are successful? Read more tips for negotiating contracts amid Covid. . Event planners don’t always have time to go to a class or read a book. Contract and Negotiation Tips. Career Changers.
With ongoing concerns related to Covid variants, a number of businesses and events are re-evaluating whether to postpone or cancel despite the relative loosening of federal, state and local restrictions. So, what happens when there aren’t specific government restrictions to trigger a force majeure event to postpone or terminate an event?
Negotiate a clause about what will make an event financially 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. Don’t put pandemic in your force majeure clause because we are still in the middle of it.
Money also is essential to getting an event off the ground and is the bones of an event planner’s budget. Ultimately, the dynamic between hotels and event planners has shifted since the pandemic. Building off existing relationships can be helpful in negotiating costs. Also, negotiate gracefully.
As event professionals, you pour your hearts and souls into crafting unforgettable experiences. Planning Pod is the original end-to-end event management solution for businesses and professionals. Focus on ROI: Don’t just plan an event – engineer a return. Dont say: “We’re a great event planning company.”
Sustainability Is Non-Negotiable More planners are prioritizing eco-conscious venues and destinations. Hybrid Meetings Are Here to Stay The rise of hybrid events has transformed how planners approach meetings. From green-certified hotels to zero-waste catering options, sustainability is becoming a critical factor in decision-making.
Master the Negotiation. Once you have made the ask, the work of negotiation begins. Since pre-negotiation often determines the outcome, Fragale laid out the work that needs to happen before the conversation. Read More : Women Leading at Big Apple Events. Let the emotions go and don’t take a no personally. Alison Fragale.
Central Hall Westminster (CHW), the flagship London site of Central Hall Venues, has teamed up with AV production partner, White Light (WL) to launch new packages for hybrid meetings and events. The comprehensive packages are designed to help organisers negotiate the maze of post-pandemic events in 2021 and beyond.
The good news for event marketers, however: Despite the year’s travel speed bumps and forecasts, many events and trade shows (CES 2024, included) are reporting they are back to pre-pandemic attendance levels. Bleisure’ is influencing how your event attendees are booking travel. percent increase in hotel rates.
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.
Check out all the fun photos from the event here ! Negotiating for the Win-win. Ryan Dohrn, president of Brain Swell Media , reframed the art of negotiation as a basic skill that can be improved with practice and perspective. Negotiation is not an act of war, it is an act of discovery,” Dohrn explained.
Master planner consultants offer 6 tips for negotiating your next corporate event Does this sound familiar? You have been tasked with producing a new event—or breathing new life into one that has been on rinse and repeat too long. What questions should you ask during sourcing to avoid surprises post-event?
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.
As businesses grapple with today’s ever-changing event landscape, having the best event platform is no longer a luxury—it’s a necessity! That’s why we’ve put together six essential steps to help you find the best event platform for your organization. Why create a comparison grid to evaluate event platforms?
Beginning May 3, Bradshaw will release an episode each Monday of the month that will touch on different behaviors and norms of in-person meetings, such as handshakes, decision-making and negotiation , and will provide insight on how to master them. More from Jonathan Bradshaw : The Unexpected Behavior Powering Exceptional Business Events. “In
Following a 95% vote in favor of strike authorization, the two-unions negotiating committee is now authorized to call a strike at 22 casino resorts along The Strip, divided between its largest employers: MGM Resorts, Caesars Entertainment and Wynn/Encore Resorts. We’re continuing to monitor the situation and will share updates as appropriate.”
Heres how to negotiate them down. Skift Take: Hotel fees buried deep in your contract or on your hotels web site can add 30-40% to the cost of your meeting. Barbara Scofidio Read the Complete Story On Skift Meetings
6 steps to finding the right event tech vendors and product Finding the right event tech can be a long, tedious process. What is the purpose of your event? What type of event is it? Event tech tools are going to help you solve those problems and challenges.” Ease of use: Is the event tech software intuitive?
The word “partnership” gets thrown around a lot in the events world, but when there are too few ballrooms for too many functions being planned, meeting planners and hotel and destination counterparts often find themselves on the losing end of negotiations that could be win-wins. Be upfront about what the dealbreakers are,” she said.
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