article thumbnail

Event Planning Has Risen in the Ranks of Most Stressful Jobs

Velvet Chainsaw

Planners are charged with making the problem go away but have little to no negotiating power. Reprinted with permission of Convene , the magazine of the Professional Convention Management Association. Many senior leadership teams don’t understand why the increases are so much higher than inflation rates.

article thumbnail

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
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Streamlining Internal Communications

Velvet Chainsaw

Make sure that the costs you’re negotiating are comparable or better for your exhibitors. Moving forward, it’s wise to reevaluate these agreements and ensure that you are negotiating favorable pricing for your exhibitors. Reprinted with permission of Convene , the magazine of the Professional Convention Management Association.

article thumbnail

Key Vendor Service-Level Expectations

Velvet Chainsaw

Planner frustrations include: Late assignment — or recurring turnover — of key project managers Unexpected increases in expenses Lack of empowerment to negotiate or problem-solve Unacceptable response times No clear escalation path for service recovery As for vendors, many face headwinds as they work to rebuild their service delivery teams.

article thumbnail

Renegotiating Live Event Agreements When All Parties Are Innocent Victims

Velvet Chainsaw

Reprinted with permission of Convene, the magazine of the Professional Convention Management Association. Monitor and learn from what the travel or cruise line industries are doing to regain consumer confidence. Adapted from Dave’s Forward Thinking column in PCMA’s Convene.

Contracts 397
article thumbnail

The Market Shifts That Led to Commission Cuts

Velvet Chainsaw

rebates negotiated by a CVB/DMO to win business. Reprinted with permission of Convene, the magazine of the Professional Convention Management Association. The problem is that the commission model has been tarnished by similar payments to non-third-parties or made for other reasons. housing-reservation fees.

Marketing 231
article thumbnail

Six Steps for Breakthrough Negotiations

MeetingsNet

Every negotiation has its sticking points, with some more serious than others. In this article from Forbes magazine , veteran business coach and keynote speaker Chris Westfall lays out the six steps you can use to get past the most problematic moments while negotiating a business deal.