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Event Contracts: Agree to Be Agreeable

SmartMeetings

Negotiation experts share tips for building win-win event contracts The ROI is in the details when drafting a vendor contract. A win-win contract allows everyone to feel that their biggest risks are covered and they can partner in good faith to execute confidently while working creatively to deliver the best event possible.

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Money Talks: Defining an Event Budget

TicketBud

According to a recent Maritz Industry Trends Report , most meeting expenses are up over 20 percent since before the pandemic. 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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Building a Winning Corporate Events Program: 7 Critical Success Factors

Attendease

Effectively manage the event budget Based on your strategic plan, develop a realistic, line-item budget covering all aspects of the event — venue, vendors, security, food and beverage, staffing, swag, and the dozens of other expenses that pop up. Make sure you have signed contracts in place at least three months out.

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The Event Planner’s Guide to Venue Sourcing and the RFP Process 2023

Stova

The Event Planner's Guide to Venue Sourcing and the RFP Process This guide examines a shift event professionals are experiencing in negotiation power with venues. For the first time in decades, event professionals are in command of the venue negotiation and selection process. The sharing economy is giving power back to the user.

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Spend Analysis Reports for the Meeting and Event Industry

Eved

Following are seven spend analysis reports you need to successfully analyze and act on your meeting and event spend. This report will provide total spend by category, such as Decor, Food and Beverage, Transportation, etc. Is there a contract opportunity with this hotel chain? Spend by Category. Spend by Supplier.

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15+ Event Ideas to Help You Wow Attendees on a Budget

Social Tables

That’s because: Each element—from promotion and decoration to food and entertainment—becomes décor. Food and drink lie at the core of a positive guest experience. Then you can really stretch your catering funds by: Making food experiential. Negotiate with vendors. Use food as entertainment. Click To Tweet.

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The best pharma event management companies in 2023

SpotMe Blog

Reporting and analysis: After the event wraps up, you’ll receive detailed reports, event metrics , and analytics on things like attendance, survey feedback, social media impact, and ROI. They can often negotiate better deals and availability. The data and insights help you improve future events.