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To watch the full webinar, click here. Read more: Helpful Budget Tips for Event Planners in a Post-Covid World Working with Third-Party Agencies Many third parties provide sourcing only, meaning they will find the destination, and other will assist in sourcing as well as contract negotiations.
If you missed the webinar, fear not—below are six takeaways. Be sure to check out our other upcoming webinars and register here. Properties have realized this is a great market for them will work with you on how you package your food and beverage. “It’s It’s not just F&B options that have vastly improved.
Room rentals used to be something that you would have to pay if you had a really low food and beverage minimum or if you were coming in within like 60 or 30 days at a hotel,” Pilcher reflected, “Now, you’re coming in and saying, ‘I’m bringing a thousand people to your hotel. “The Also, negotiate gracefully.
Here’s what some organizers are asking for and getting: Pre-Event Content Marketing – Customized promotional video or interview, webinar, article contribution for newsletter, blog, podcast or magazine, social channel engagement. Develop a list of prioritized concessions (value adds), just like you would for hotel negotiations.
Force m ajeure and clauses to keep in your next contract Watch the full webinar here. Gratuities Minimums for food and beverage. It depends on your ability to negotiate and how much leverage you have, how much you want the property and how much the property wants you.” Contracts are the life blood of the meeting industry.
According to a Professional Convention Management Association (PCMA) survey, 36% of all expenses are for food and beverages (F&B) alone. Food & Beverage @ $35/person. Concession (food and beverage and merchandise sales). Watch our webinar How To Get Approval for Your Event App. Venue Rental.
For each budget line item, you should account for the following: Estimated amount (how much you want to spend) Negotiated amount (the agreed upon price with your supplier) Actual amount (invoiced amount) Amount paid to date Amount still owed Payment due dates w/ amounts due.
In Smart Meetings’ latest webinar, Erin Wendell, senior director of event management at Maritz Travel, shared her tips and tricks when working with all-inclusive properties for incentive programs. During your two- or three-night site inspection and prior to signing a contract, Wendell’s smart tip is “ negotiate, negotiate, negotiate.
A recent survey of more than 200 business-event planners by Global DMC Partners found that their top five challenges this year are adapting to higher costs; finding availability; budget management; timely approval from internal decisionmakers; and contract negotiations. Sound familiar? Ask a lot of questions before you sign the contract.
Our recent webinar, Smart Planning for Destination Events , was hosted by our spectacular team and featured two experts in destination events. When negotiating your venue contracts, try to get free WiFi or, if not free, negotiate a more manageable price. The post Smart Planning for Destination Events (Webinar Recap).
Webinars that provide CEU credits are a great resource for planners looking to expand their knowledge and further their careers. Smart Meetings regularly offers free webinars that cover a range of valuable topics, from contract negotiation to sourcing strategies. These are a few of our most popular webinars from 2016.
Maintain open lines of communication with potential sponsors throughout the whole negotiation process. Bonus points if they provide food and beverage options. Webinar sponsorship Your sponsors could present webinars on relevant topics. So how should you price your package? Communicate, communicate, communicate!
Register for Webinar. Catering is often the largest part of a master account, but many planners accept inflated prices, unrealistic minimums, setup fees and other charges without negotiation. This session will help planners see where the profit centers are and where there are more leverage and latitude in negotiating group catering.
Please note: This story and referenced webinar are intended for educational purposes only and do not replace independent professional judgment. Key Takeaways: Be a fully informed planner: read the entire contract, ask questions, and hire a hospitality attorney if you need assistance in reviewing, negotiating, or renegotiating a contract.
“When you reduce the amount of people coming to the in-person meeting,” Johnsen says, “that can also reduce the food, beverage and travel costs.” The more rooms equals more leverage with negotiations. Better yet, this can also be applied to the event production partner you use too.
Take a few minutes to enroll in free event planning webinars that can teach you the finer points of contract negotiation, event technology and more. Read books about meeting planning and career advice, subscribe to e-newsletters and listen to free podcasts for planners.
Subscribe to our blog and get useful industry insights from top #eventprofs via our podcasts, articles and free webinars! That means knowing the non-negotiables like audiovisual, food and beverage, security, etc., We talk about trade show booth ideas and more in this week’s roundup. Let’s jump in!
Food-and-Beverage Management. You can quickly and easily add estimated, negotiated and actual costs, track payments and payment due dates for each line item, and view remaining amounts due. food-and-beverage packages and variable pricing options. Task & Project Management. Files & Note Management.
“In New York, we have seen clients spend double what they spent for the exact same event pre-pandemic, and that would be inclusive of venue, food, AV, and other expenses,” says Liz King Caruso, CEO at techsytalk. Inflation has been dominating the news headlines not just in New York but all over the globe. inflation rate. Educate Clients.
Determine your must-have needs from a venue before negotiating and committing to a venue. Create a shortlist and negotiate with talents Create written contracts (make sure not to miss any details) Secure promotional details (bio, headshot, session draft, etc.) Prepare food, drinks, entertainment content, etc.,
In-person events often require on-site check-in, activity checkpoints and an event mobile app, whereas virtual platforms offer features like webinars, breakout rooms, and online networking, Evaluate options based on features and functionalities. Negotiate terms. Negotiate mutually beneficial terms. Initiate conversations.
When you are qualifying a new lead, you probably already ask for basic information like: Type of event (wedding, party, meeting, trade show, seminar/webinar, etc.) Goal/objective of the event Event date/time Headcount Budget Decision timeline Catering/food-and-beverage needs Location/room/space needs (on-premise, off-premise, etc.)
However, you should also look for solutions that offer live chat and phone support as well as provide resources like an online help center and articles, tutorial videos, webinars and custom training sessions (either complimentary or paid). At the absolute least, the platform you select should offer regular email support hours. ClearEvent.
However, you should also look for solutions that offer live chat and phone support as well as provide resources like an online help center and articles, tutorial videos, webinars and custom training sessions (either complimentary or paid). At the absolute least, the platform you select should offer regular email support hours. ClearEvent.
Daniel Stones, CMP, DES, director of programs for the PCMA Rocky Mountain Chapter, and webinar production manager at MGMA recently filled Convene in on how the event came together. The hotels said we would have to serve more food and beverage if we extended that timeline. What were the goals of R3? And so that helped out a lot.
During a recent MeetingsNet webinar, attorney, speaker, and College of Coastal Georgia professor Tyra Hilliard, Esq., Food and Beverage Guarantees: The Other Attrition Yes, You Do Need a Cancellation Clause Is Your Meeting Illegal, Impossible, or Impracticable? . Is it discrimination if a hotel won't provide this?
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