This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
“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. We’re more afraid of advocating for ourselves, negotiating for ourselves,” she says. “We’re
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.
Revenue refers to the funds you expect to generate from your event. You may also negotiate with vendors like your venue and catering company to decrease costs. Record this number and any lessons learned so you can refer to this information when planning your next event. Solicit in-kind donations.
I hope you’re all caught up on Succession because it’s time to talk negotiations. It all starts with negotiations. Successful negotiations begin with research. Simplify your negotiations by establishing a single line of contact. You don’t need to be overly aggressive and impersonal in your negotiations.
Historically, force majeure events were commonly referred to as an “Act of God” or something beyond your control that prevented or made performance of one’s obligations “impossible, impracticable, or illegal.” He will give an update on contractual provisions to keep in mind for negotiations during a special Smart Chat Live!
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. Another counter-intuitive hack is being open about priorities.
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.
The Secret to Getting What You Really Want” and “Stop Complainers & Energy Drainers: How to Positively Negotiate Work Drama to Get More Done”. Pick up the phone, send an email, mail a note, and/or make a virtual or in-person coffee appointment with your past clients, your meeting industry partners and those who refer you.
And we can’t do that if we keep starting every conversation with some reference to “normal” and how much we miss it. Your value was never in the beauty of your exhibit hall layout or your ability to negotiate a good hotel rate. Seen any weather reports from the Gulf lately? Lead with your value.
42 Recommend SteveRR commented July 13 CA @AJS Copyright refers to “copying” – so the first question is “did ChatGPT copy your work?” Search engines do not find any reference to the chapter; it has not been mentioned or extracted in any online review or post. Second, Is ChatGPT Output a Derivative Work?
We’ll delve into a condensed review to address what and what not to include in your venue contract, as well as negotiation tactics and what can potentially trigger a force majeure. Deciding the “choice of law provision,” or what state and who gets legal jurisdiction, may come down to common law negotiations, Sheaks said.
Additionally, the scorecard that you create can be used as a reference point when people start pushing back or second-guessing how to proceed. This ensures that you don’t miss out on any essential features or capabilities that your organization requires.
The limited-edition releases contain blurry, misprinted candies that are “as hard to read as Gen-Z relationships,” according to the brand, referring to the fact that these kinds of entanglements among young singles are without labels and undefined.
Harness the Power of Negotiation to Master Your Post-Covid Events Career. Negotiation is an essential skill in business, meetings and life. Summary: Harness the Power of Negotiation for Post-Covid Success ). Summary: Contract Negotiation: Post-Pandemic Clauses You Need to Know ). Post-Pandemic Clauses You Need to Know.
The standard clauses hes referring to are those strict details found in the force majeure. Despite the event contract process being rushed, since the height of Covid, Grimes says things have relaxed a bitand its better to stay relaxed and negotiate a good contract than to be in a hurry and sign a bad one. Why should they negotiate?
The latter is the definition Purina likes to use when we refer to spaces as ‘pet-friendly.’” Incorporate Strategic Relief Areas Providing a place for dogs to relieve themselves on-site is non-negotiable, and dog-friendly experiences should include the strategic construction and location of waste stations, Valuska says.
Read More : Harness the Power of Negotiation for Post-Covid Success. Event planners will refer to event venues not as ‘online’ or ‘in-person’ but as hybrid. An industry pushed to the brink of collapse was able to pivot, adopting tools, skills and capabilities required to reinvent itself at a nearly breakneck pace.
Read More: Ty Sheaks on Force Majeure Contract Clauses “Now that we have all experienced the cancellation world of Covid, meeting planners should be sure to reference cancelations with the phrases: disease, viral outbreak, epidemic. Simply stating Covid-19 will not be enough if your event is impacted by something completely different.”
Here is a comprehensive corporate planning checklist that you can refer to when building events of any size and format: Pick a strategic location. Secret of success: Sharp negotiation skills and the ability to organise events overseas will lead to success. This rule applies to any corporate event format. Incentive trips.
Maintain detailed records of all client discussions, key decisions, and specific preferences to serve as a clear reference point throughout the planning process. Learn more >> Transparent communication and negotiation When a change request comes in, transparent communication and negotiation are paramount.
“One of the things that I always do when I’m working with a new client is (…) I remove any references to specific equipment, any references to specific types of speakers or projectors or things like that”, says Brandt. How to Win at Negotiating AV Prices for Events . Can I Negotiate Venue AV Charges?
Having a skillful strategy helps to avoid overworking a week before the start of the event and becomes a negotiation advantage when talking with investors. Strategic meeting management is introducing more and more organisations into their work. The power of procurement. Actually using Big Data. Fear of missing something interesting.
Always check references before hiring the planner. Will you be responsible to negotiate, work with and pay the vendors directly, or will the planner take on this responsibility? They are going to need to book and work with vendors, as well as communicate with your speakers or presenters before, during and after the event.
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”).
Next to attrition and cancellation-performance clauses, force majeure clauses are the most contentious parts of a contract to negotiate,” he says. See also : 4 Contingency Planning Scenarios You Need to Prepare For Today. Don’t just agree with what the hotel proposes.”
Identify Your Event Management Software Non-negotiables Before deciding, it’s crucial to identify your non-negotiables – the key criteria and requirements your event management software must meet. Here are questions to help you determine your non-negotiables: What are your core functional requirements?
Did you know that venues can receive kickbacks for referring their in-house vendor? Negotiate Before You Sign Contacts. If you are deciding that hey, I want the ability to bring in a third-party AV company, you need to make sure that you’re negotiating this out before you sign the contract. Makes sense right?
Newbie event planners will often pick a venue, negotiate a deal with them, and sign the venue’s provided contract. . Instead of morphing your event goals around the venue’s rules, approach your venue with a list of non-negotiables. Even if they can’t, they can refer you to someone who can.
Jeff Davidson of Breathing Space Institute gave Smart Meetings tips on what traits to look for in a speaker and how to negotiate a win-win once the speaker is secured. Similarly, past speakers from your conferences may be able to refer you to their colleagues. Negotiating 101. Homework Essential. Extra Credit. Pay upfront.
I always try to remind my clients about the fact that these riders are considered part of the legal binding contract and they are negotiable as long as we negotiate BEFORE SIGNING. Most of the contracts, big acts provide are what I would refer to as “boiler plate” – meaning built for these acts when they tour large venues.
Director of Sales at a venue, usually who will be negotiating your contract with. There is a lot of technical wording in contracts, most of which will be outlined in the contract, but there are a few important terms that you might want to negotiate before the contract is in hand. Hopefully it’s right on the mark!
Make notes as detailed as possible so when you refer back there isn’t much guessing. . This could reduce your engagement and you might be able to negotiate to have it removed from your screen. . Venue Negotiations . Just like removing AV restrictions to get the best WiFi possible negotiate! Was it fast enough?
You can even download a free copy of these simple event statistics to reference anytime. 93% of planners and property professionals believe the negotiation process of booking an event could be improved. Both planners and venues agree, the hotel contract negotiation process could be a lot better. ” 17.
That could mean rescheduling any non-priority meetings to later in the year, skipping a few networking events, or referring a new lead to another planner. Missing a few industry events and referring out a few wedding leads is not going to make or break your planning business.
Identify Your Event Management Software Non-negotiables Before deciding, it’s crucial to identify your non-negotiables – the key criteria and requirements your event management software must meet. Here are questions to help you determine your non-negotiables: What are your core functional requirements?
Request a list of references to be included. Check references and complete final interviews Follow up with vendor references and whittle your list down to the final two or three recommendations in each category. Review their terms and conditions, and ask them to send you a quote for their services.
Mastering the art of negotiation. Regardless of whether you are dealing directly with an artist or an agent, you will likely need to learn to negotiate effectively. If your offers are repeatedly turned down, feel free to withdraw yourself from the negotiation. Beware of additional expenses.
As you talk to your venue contact there could be details or questions that come up that you’ll want to remember or follow up on either with a vendor, or someone at your company - always write everything down to reference when you need to. A List Of Questions For The Venue. Your Vendors.
From vendor and supplier negotiations to technology investments, we’re here to provide actionable tips and insights to help you optimize your financial performance. Vendor and supplier costs Negotiating better deals with vendors and suppliers can be a game changer when it comes to reducing costs. Get started today!
Refer back to the full checklist to know the ballpark figures for each item. Remember that no two events are made equal, and the numbers can vary quite a bit depending on what kind of experience you’re planning and what your non-negotiables are. Studios: Video wall, green screen, XR stage, audio, lighting, scenic backdrops.
Travel refers to the flight costs for the entertainer and whoever travels with them. Know how to negotiate. When it comes to budgeting, good negotiation skills can be a lifesaver. When it comes to budgeting, good negotiation skills can be a lifesaver. So what are some of these extra costs? Travel and accommodations.
The event is often referred to the golden nugget of the holiday where some guests purchase the cruise purely to experience the events and the John Farnham and Singapore GP events held at the iconic Gardens by The Bay, was no exception.
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.
Refer to your past year’s event analysis. As mentioned above, early planning can help you negotiate better deals, secure preferred venues, optimize marketing efforts and lock-in sponsor funding. These relationships go a long way in reducing costs and enhancing the overall event experience.
We organize all of the trending information in your field so you don't have to. Join 42,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content