Stova

MARCH 17, 2023

The Complete Guide to Event Sponsorship Many event professionals understand the importance of putting on an event with sponsorships but still struggle with developing a strategic approach to securing sponsors. At their best, sponsorships raise the brand value of both parties and reinforce their heritage and visions for the future.

Sponsorships 40

Sponsorships 2023 Negotiating Sustainability 40

Eventtia

OCTOBER 20, 2023

It serves as a financial roadmap, providing a clear view of all expenses and revenues associated with the event. By creating an effective event budget plan, organizers can exercise financial control and achieve maximum returns on their investments. Quick note: This guide works for free-to-participate events.

Financial 117

Financial Negotiating Entertainment Retail 117

Event Planning BluePrint

MARCH 15, 2024

Essential coursework should cover Human Resource Management, Event Sales and Sponsorships, Financial Accounting, Negotiating, and Relationship Management, equipping future planners with the necessary theoretical knowledge and practical skills.

Event Planning 62

Event Planning Negotiating Education Social Media 62

Skiddle

FEBRUARY 24, 2023

So, if you’re planning on organising a festival, you want to ensure that financial planning is watertight. Start with the non-negotiables of your budget Every aspect of a festival is essential. So, when you’re putting together your budget, start with the non-negotiables. Scroll down to discover them.

Management 52

Management Sponsorships Negotiating Sustainability 52

GEVME

MAY 21, 2018

Think about the ways to minimize expenses through sponsorships ; price negotiations; and partnerships with suppliers, vendors, or venue hosts. Benefit from sponsorship packages. Sponsorship revenue can add substantial financial value to your event.

Corporate Events 214

Corporate Events Sponsorships Negotiating Social Media 214

TicketBud

OCTOBER 4, 2023

These folks can also help spread the word about your event. Tease your audiences with news about what they can expect and encourage those who have already committed to refer others to your event.

Event Planning 78

Event Planning Entertainment Sponsorships Social Media 78

MeetingsNet

MARCH 25, 2020

Understanding things like event-insurance fine print and which areas of operation hotels get group revenue from will help planners become better at contracting and negotiating. With the Summer Olympic Games in Tokyo postponed to 2021 , some of the biggest insurance firms in the world are breathing an enormous sigh of relief.

Contracts 72

Contracts Hotels Insurance Negotiating 72

Socio Events

JULY 27, 2021

Hybrid events certainly require more of a financial commitment than virtual events, as you’re layering a virtual component on top of an in-person event. Your hybrid event technology, health and safety measures, and on-site event design are non-negotiables, but there are a few more elements to consider. Increase Sponsorship Value.

Sponsorships 83

Sponsorships Negotiating Contracts Venues 83

EventBank Insights

JANUARY 22, 2019

Follow up with your sponsors, make sure they are aware of the event updates or else they could drop this sponsorship. ? Financial status: gather all receipts, documentation, final registration data, etc. Select an ideal venue and negotiate details ? Remind early registrants of event updates via email ? 1 Week Ahead ?

Event Planning 74

Event Planning 2019 Negotiating Social Media 74

Eventscase Blog

NOVEMBER 9, 2022

Last but not least, we are most grateful to have received financial backing from our investors once again! Coinciding with our anniversary, negotiations began to achieve this latest round of investment that we have made public this week. NEW ROUND OF FUNDING. The world-renowned fair is the most important of its kind in Europe.

2022 52

2022 Negotiating Social Media Tech 52

Eventtia

APRIL 18, 2022

Negotiate details with the venue. Create a shortlist of talents you’d like at the event Contact the talents Negotiate and confirm. Sponsorship. Sponsorship finalization. Review all underwriting details and perform final confirmation on sponsorship. Determine your requirements and needs. Due diligence.

Social Media 62

Social Media Sponsorships Speakers Contracts 62

GEVME

APRIL 25, 2018

Have you ever successfully negotiated a price with an event vendor before? By organising trade fairs, companies strive to become an industry leader and gain financial profits. For organisers, it’s critical to focus on sponsorship offers and lead generation technologies. 20,000 – $40,000. At the event.

Corporate Events 224

Corporate Events Event Planning Trade Shows Social Media 224

Techsytalk

JANUARY 23, 2017

Unless your company is already financially sound, you’re probably going to heavily rely on corporate sponsorship for funding your event. Unfortunately, acquiring sponsorship isn’t as easy as just sending out a request via email. Tier 2: $2,000 sponsorship – include sponsor logo on digital signage.

Sponsorships 40

Sponsorships Negotiating Financial Conference 40

GEVME

AUGUST 13, 2019

A creative event partnership ca n provide financial stability and future prospects for your event. Before you rush into any event partnership or sponsorship, you need to consider all the pros and cons of future relationships and pay attention to any possible warning signs. Financial problems and equity issues.

Contracts 136

Contracts Financial Social Media Marketing 136

SpotMe Blog

MAY 31, 2023

Get quotes from different vendors and negotiate the best deals. Sponsorships or partnerships could help offset expenses. Negotiate the best rates and reserve your date as far in advance as possible. Some venues may be willing to negotiate, especially for off-peak days.

2023 130

2023 Technology Event Apps Social Media 130

Event Marketer

DECEMBER 11, 2023

In this new era of beauty, the community makes the rules, creators reign supreme, a robust DEI&B strategy is non-negotiable and transparency is paramount. Adding a virtual component, of course, exponentially expands reach, in addition to making the experience more inclusive for those with financial or geographical barriers to attending.

2023 97

2023 Financial Marketing Events 97

International Institute of Event Management

JANUARY 13, 2017

This event gathers senior-level representatives from the region’s leading power producers, power plants developers, regulators, traders, financiers and market analysts for discussions and debates about the future of the region's energy mix. . She attended this conference on behalf of the conference’s largest corporate sponsor.

Event Planning 40

Event Planning Contracts Social Media Sponsorships 40

Attendease

APRIL 4, 2024

Negotiate ongoing partnerships with venues and vendors to secure bulk discounts. Or consider seeking out sponsorship opportunities. Looking ahead, factor scalability into your company’s long-term financial projections. Identify your primary revenue-driving events and invest accordingly to elevate the experience.

Event Management 195

Event Management Management Sustainability Corporate Events 195

Hubilo Blog

FEBRUARY 25, 2020

Oren is one of the world’s leading experts on sales, raising capital and negotiation. Areas of expertise include conference business models, strategy, attendance marketing, sponsorship programs, and meeting technology. Where to find him? Reach out to Dave on Dlutz@velvetchainsaw.com Bo Kruger Who is he?

Speakers 101

Speakers Consulting Healthcare Financial 101

PCMA Convene

FEBRUARY 1, 2021

Financially, on average, virtual events are small (49 percent generate gross revenues of less than $250,000) and yield a fraction of the gross revenues of physical events, according to “Anatomy of Virtual Events and Financial Outcomes,” a report published in January by the Center for Exhibition Industry Research (CEIR).

Trade Shows 96

Trade Shows 2020 2021 Education 96

Hubilo Blog

FEBRUARY 25, 2020

Areas of expertise include conference business models, strategy, attendance marketing, sponsorship programs, and meeting technology. Jim began his career in media planning and buying before moving into the world of sponsorship activation and sports events. Where to find him? Bo Krüger is a speaker, facilitator and meeting designer.

Speakers 98

Speakers Healthcare Consulting Financial 98

Eventory

FEBRUARY 1, 2019

Is the financial effect analyzed? As you can imagine – it results in the continuation of ineffective financial investments. Financial issues. However, data and financial reports are the base for you analyze. Eventory Scanner will give you hints that concern pricing of sponsorship packages and exhibitor tickets.

Corporate Events 78

Corporate Events Financial Technology Events 78

Eventmobi

JANUARY 24, 2019

To begin building your budget, it’s best to determine what financial success means for your event and how you want to measure it. Let’s take a look first at how you can determine what financial success means for your meeting or event before talking in more detail about cash flow. Gifts in kind (actual fair market financial value).

Food and Beverage 199

Food and Beverage Meetings Financial Advertising 199

Eventscase Blog

DECEMBER 5, 2023

Financial management – Creates a budget that meets the client’s brief and ensures successful delivery of all requirements while maintaining this budget throughout the event planning process. Budget management and financial planning are a critical responsibility of an event organiser.

Financial 52

Financial Sustainability Trade Shows Transportation 52

Eventtia

OCTOBER 20, 2022

Determine your must-have needs from a venue before negotiating and committing to a venue. Distribute roles among the team members: Event/project manager Scheduling Venue/show floor manager Creative design Marketing and communications Sponsorship manager Registration and check-ins Develop event branding. Securing event sponsorships.

Event Planning 62

Event Planning Sponsorships Food and Beverage Insurance 62

Social Tables

MAY 14, 2019

But that’s not to say you can’t negotiate. Tips for negotiating a bigger event budget When it comes to negotiating an event budget , the language stakeholders speak most fluently is data. Your venue options are limited by your financial realities (we don’t have to tell you that!), Then comes the most important part.

Negotiating 141

Negotiating Sponsorships Social Media Venues 141

Stova

MARCH 17, 2023

We met with three executives in the financial, higher ed, and technology industries to understand how they optimized events and made crucial decisions that drove their business forward. Staff Compensation To avoid financial difficulties that may arise due to a poorly budgeted event, also include staff compensation in your event plan template.

2023 40

2023 Food and Beverage Social Media Negotiating 40

PCMA Convene

MARCH 6, 2019

Client politics, controlling costs for space and services, and contract negotiations were top of mind for some respondents, as was finding diverse speakers. Contract negotiation when dealing with India hotels. Selling sponsorships; getting exhibitors is easy; turning them into sponsors is difficult. Communication. Contracting.

Contracts 69

Contracts Hotels Food and Beverage Negotiating 69

Eventtia

DECEMBER 16, 2021

if you are planning to get sponsorship? Having a clear budget as early as possible will provide you with more options and more time to negotiate with different vendors, and also provide you with a clear roadmap to ensure your hybrid event stays cost-effective. What value can you provide for your sponsors? (if

2022 62

2022 Social Media Sponsorships Food and Beverage 62

Plan Your Meetings

JANUARY 3, 2018

You’ll likely find it makes more financial sense to become a member—Student Membership is $40 (only $5 more than a single webinar); an Essential Planner membership is $279. Art of the Deal: Strategic Hotel & Contract Negotiations. Webinars through the MPI Academy are $34.99

Education 28

Education 2015 Negotiating Sponsorships 28

Canadian Special Events

SEPTEMBER 1, 2016

Most of the organizers Hala spoke with said financial success starts with board and committee leadership. The committee needs to “own” the financial side of the event for it to be. Sponsorships ranged from $15,000 to $100,000 (some start at $2,500 for events with a younger demographic). Sponsorship Activations.

Food and Beverage 64

Food and Beverage Social Media Entertainment Hospitality 64

Planning Pod

MAY 3, 2017

NOTE: Even though this article is written for getting executives to sign off on your event idea, I have also used the 11 steps outlined below to successfully pitch event sponsorships or marketing partnerships to executives. Chief Financial Officers are laser-focused on revenues, investments, capital and funding. Think strategically.

Event Ideas 142

Event Ideas Food and Beverage Marketing Events 142

Planning Pod

MAY 3, 2017

NOTE: Even though this article is written for getting executives or top management to sign off on your event idea, I have also used the 11 steps outlined below to successfully pitch event sponsorships or marketing partnerships to executives, so feel free to adapt this list to pitching events in general. Business executives are an odd bunch.

Event Ideas 60

Event Ideas Food and Beverage Events Marketing 60

Capterra Event Management

FEBRUARY 14, 2018

With more benefactors in the mix, your event poses a much smaller financial risk to your company or event firm. Most businesses plan out their major sponsorships before the start of their coming fiscal year. Build your short list of caterers to contact and negotiate the best price for your event. Know when to ask.

Social Media 110

Social Media Food and Beverage Advertising Speakers 110

Planning Pod

JULY 25, 2019

This platform takes a modular approach in its setup by offering a standard set of features (including CRM, event file management , invoicing/payments and communications) and then letting clients customize their account with suites of tools for event, venue, financial and inventory management and much more. Calendaring. Sponsor Management.

Event Management 112

Event Management Management 2019 Social Media 112

Planning Pod

JULY 25, 2019

This platform takes a modular approach in its setup by offering a standard set of features (including CRM, event file management , invoicing/payments and communications) and then letting clients customize their account with suites of tools for event, venue, financial and inventory management and much more. Calendaring. Sponsor Management.

Event Management 60

Event Management Management 2019 Social Media 60

Planning Pod

AUGUST 24, 2019

Sponsorship and exhibitor options. This form of marketing relationship is a much more straightforward financial arrangment. Who says that sponsorships are all about you promoting the sponsor? For events, pricing strategy includes considering the following: Entry-point attendee pricing (lowest priced ticket/registration fee).

Event Marketing 131

Event Marketing Marketing Social Media Speakers 131