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Tips for Negotiating Your Next Big Event Contract

Smart Meetings

Negotiate the Details Prepare for pushback on all fronts, Payne advised. “I Payne referred to the average hotel profit margins to help planners to help them better negotiate their contracts. The post Tips for Negotiating Your Next Big Event Contract appeared first on Smart Meetings. Get everything in writing.

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From pain points to profit: A blueprint for event business improvement and growth

Planning Pod

Conversely, if you see an increase in costs, analyze your expenses to identify areas where you can cut back or negotiate better deals with suppliers. Make the effort to identify areas where you can cut costs without compromising quality, such as negotiating better deals with suppliers, streamlining operations, or reducing waste.

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Event Contracts: Agree to Be Agreeable

SmartMeetings

Negotiation experts share tips for building win-win event contracts The ROI is in the details when drafting a vendor contract. The negotiation phase is a good time to ask the hotel partner for ways to save—by using the same AV set-up as an event pre or post to share set-up costs for instance. hereinafter referred to as “Vendor”).

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Four Strategies for Minimizing F&B Expenses at Events 

ePly

Did you know that food and beverage (F&B) expenses are among the most significant expenses associated with any event? First and foremost, food and beverage are some of the most memorable aspects of any event. Negotiating is recommended and should be seen as a crucial aspect of your event planning strategy.

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Getting More Value from Conference Keynote Speakers

Velvet Chainsaw

As you evaluate speakers on this criteria, be sure to check references and video tape from the past 12 months. Develop a list of prioritized concessions (value adds), just like you would for hotel negotiations. Engaging – If a speaker doesn’t have a plan for chunking content and infusing audience participation, don’t hire them.

Speakers 278
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A Planner’s Guide to Event Vendors 

Social Tables

Planners may rely on one or two vendors for smaller events, like a business luncheon, while food vendors may make up as much as 5% of the total attendee count at massive outdoor events (e.g., Food & and beverage suppliers. Food and beverage (F&B) suppliers play a significant role in most events.

Contracts 158
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How to Plan a Conference Meeting Room Set up

Master the Event

Usually rounds are used during a meeting if there will be food and beverage offered either before, during or after. When Rounds are used for a conference meeting, the setups is usually referred to as a half round. Negotiating meeting rooms are commonly set up this way. Basically the set up completes a square.