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Two Tensions Keeping Senior Event Professionals Up at Night

Velvet Chainsaw

The big three include food & beverage, A/V + production and speakers/entertainment. In addition to negotiating and locking in pricing, some of the tactics to consider are: Decreasing the event length by a couple hours or half-day. Any cut-backs made in these categories can negatively impact your attendee value proposition.

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Waste Not, Want Not: Donate Food After Your Event or Party

The Castle Group

However, nothing compares to food waste. Research from the Lime Venue portfolio shows that “the average event wastes between 15% and 20% of the food it produces.” There are multiple ways to reduce food waste when planning an event. Despite better estimating, food waste is still likely. What is food donation?

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Win at Negotiating AV Services with Hotels

Smart Meetings

However, leaving audio visual (AV) equipment services to the end could be a costly mistake, especially when negotiating these services with a hotel. You have the most negotiating power before signing the contract. Areas for Negotiation. Many hotels will ask for a surcharge as a condition of using a preferred AV resource.

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Helpful Budget Tips for Event Planners in a Post-Covid World

Smart Meetings

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.

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Building a Winning Corporate Events Program: 7 Critical Success Factors

Attendease

This includes considering your internal resources (budget, stakeholders, event management software) and external resources (sponsors, vendors, partners). Effective project management is crucial for seamless execution—AKA your sanity. Here’s how to get internal buy-in.

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Money Talks: Defining an Event Budget

TicketBud

A clearly defined budget provides a framework for decision-making, enabling event organizers to strategically allocate resources. This enables organizers to devise backup plans, forge partnerships, and negotiate favorable deals with vendors to ensure that the event stays on track throughout planning and execution.

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So Many Venues, So Little Time!

Coterie Spark

By doing this, organizations save time researching, compiling data, and making decisions, while also gaining the resources and expertise needed to knock their attendees’ socks (and name tags) off. There are tough questions to ask and even harder negotiations needed to be sure you get everything you expect. Focus on what matters most.

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