So you are organizing a large scale conference and have planned everything — right from the number of guests attending the event, to the venue and operations. Yet, there is something that has been bothering the event planner in you — the ticket price. While it is obvious for you to be worried about your profit margins, but not when you have GEVME’s back. Read on to know how to price your event strategically.
One of the biggest challenges event-managers face is data collection. Before organizing an event, event-managers collect data concerning attendance, ticket sales, and expectations. After an event, event planners also collect data on audience feedback and event performance. Without sufficient data, an event organizer can run into problems with providing an optimal experience for the event attendees.
Event planners always have concerns about the safety and security of events. As an event organizer, there is always the possibility of accidents occurring during an event. And some accidents might even lead to lawsuits which usually lead to even more costs. Therefore, the best way to be prepared and protected is to be insured.
As time goes by, event managers deal with more complex tasks. They need to finish everything on time, especially when working in teams. There’s so much to be done and organized and so little time to do it while the amount of pressure just keeps rising.
If data is the new oil, then there’s a category of data that we are simply wasting at business events. And that’s called Physical Data.
Is it fair to say that physical events are going through an existential crisis?
Here’s what some people are saying:
“Trade shows are a waste of money.”
“We are now at the end of the conference era.”
Sustainability is a key trend at business events these days. We see venues, organisers and suppliers going at length to reduce the carbon footprint of events.
If we look at trade shows (trade fairs or exhibitions, if you prefer) over the past decades, the reality is that not much has changed.
