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Event Planning Has Risen in the Ranks of Most Stressful Jobs

Velvet Chainsaw

Unless you plan events for a booming industry, your reality working for professional and trade associations is that revenue from your 2022 and 2023 meetings is 15 percent (or more) lower than 2019. Event planners are experiencing sticker shock from rising costs for audiovisual, food and beverage, and other direct meeting expenses.

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Getting More Value from Conference Keynote Speakers

Velvet Chainsaw

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.

Speakers 278
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Key Vendor Service-Level Expectations

Velvet Chainsaw

At the same time, event planners have never had more organizational pressure to deliver meetings with increased attendance, revenue, and resulting net income. Strategies for Closing the Gap Last month, a group of experienced meeting professionals brainstormed solutions. Come to the meeting with several questions or requests.

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The Market Shifts That Led to Commission Cuts

Velvet Chainsaw

It’s even tougher for those independent meeting companies that survive on commissions. rebates negotiated by a CVB/DMO to win business. Meanwhile, corporations and associations have increasingly outsourced non-core business functions, like hotel sourcing and meeting logistics. housing-reservation fees.

Marketing 231
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Job Hunting During COVID: What Meeting Professionals Need to Know

SmartMeetings

The travel, hospitality and meetings industry has been one of the hardest hit during the COVID-19 slowdown. Independent planners are facing gaping holes in their calendars as meetings continue to drop off. Many organizations, including Smart Meetings , have turned their events virtual.

Meetings 126
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HERsuasion Wins the Day

SmartMeetings

Tapping into women’s strengths for negotiation success We begin to learn the art of negotiation in childhood. As we grow, we begin to negotiate with our teachers, our coaches and our friends. And by the time we graduate from college, we realize everything in life is about negotiation. It is the power of HERsuasion.

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Cut Costs, Not Corners

SmartMeetings

3 tips for events that meet goals and fit the budget As planners, we’re expected to deliver results while delighting our clients and staying on budget. They have the power to negotiate multiple concessions. For example: If you’re negotiating a contract in 2024 for a 2027 meeting, lock in menu pricing based on current prices.