Monthly Archives: August 2022

IMEX America October 11-13, 2022 Las Vegas

Booking events outside the US or have US meetings of 1,000+ attendees annually?

Come to IMEX America in Las Vegas

Susan Sarfati and Liz Jackson invite you to join our hosted buyer group October 10-12, 2022.

The IMEX America is complimentary and so much more: 

  • Complimentary single accommodations for you with our group
  • Once confirmed, book your preferred air travel, and claim a refund
  • Add to your CMP and CAE credits with the many free education programs. 
  • Enjoy our group’s sponsored breakfasts and dinner
  • Join a community of professional planners to engage with during the show and make connections that last after the event.
  • Receive ongoing updates and news about IMEX happenings so you don’t miss a thing.
  • Get guidance from experienced group leaders so your experience will be productive and enjoyable.

Come to IMEX. Connect with the world. Continue your industry growth!  RSVP today to ljackson262@msn.com

IMEX supercharges show learning programmes with appointment of industry veteran

The IMEX Group is set to remodel the professional learning programmes delivered at both of its global trade shows with the appointment of Tahira Endean as Head of Programme.

Vancouver-based Tahira’s new role signals a new era for IMEX. A three-year education strategy will capitalise on IMEX’s free to attend programming to meet the industry’s thirst for knowledge and continuous development while embracing a growth mindset.

Tahira Endean, Head of Progamme, IMEX Group

The IMEX education programme was envisioned and developed in 2005 by Dale Hudson, Knowledge and Events Director. It has grown in size and quality over the last 15 years, adding substantial value to the visitor experience. Tahira’s addition to the team will build on that legacy. She’ll work with both the IMEX Marcomms and Knowledge and Education teams to design learning programmes that enrich the show’s value proposition and deliver measurable business benefits.

Tahira explains: “We’re focused on designing learning with buyer requirements in mind first and foremost as we want them to have meetings that are enhanced by education at the show. Our combined aim is for attendees to leave each session with tangible takeaways that also support their meetings onsite. IMEX’s legacy of tailored education that meets the particular needs of agencies, associations and corporate event professionals has always been strong; we’re looking to build on that too.”

“As a veteran of the MICE industry and self-confessed event nerd, I recognise IMEX as the professional home for our global industry. The opportunity to provide knowledge that helps us all develop and grow through turbulent times is important and to do it with a team as committed, passionate and talented as IMEX is really exciting.”

Carina Bauer, CEO of the IMEX Group, adds: “We’re delighted to welcome Tahira to our team. Her extensive industry experience, large network of contacts and fresh approach supports our aim to keep on innovating and provide powerful, purposeful and multi-faceted experiences for all attendees.”

Changes to education programming are already in place for IMEX America which opens with Smart Monday, October 10 in Las Vegas. IMEX has announced an education theme for the 11th edition of the show – ‘Pathways to Clarity’. Its learning tracks have been consolidated and redesigned. Details will be announced in the next few weeks.

IMEX America 2022 takes place at the Mandalay Bay, Las Vegas, and opens with Smart Monday, powered by MPI on Monday October 10, followed by the three-day trade show October 11-13. www.imexamerica.com

Tahira, former Head of Events at SITE, is currently studying for a MSc in Creativity and Change Leadership. She lives with her family in Vancouver, enjoys cooking and immersing herself in nature.

Press information, please contact: Emma Blake: emmablake@clareville.co.uk

Data Summary: Analysis of Current Trends & Challenges

Best Business Practices Between Meeting Professionals and Hospitality Sales Executives

Another year has passed and with the marketplace in constant flux. We decided to survey our network again to gain an updated understanding of the current trends and challenges to provide up to the minute helpful advice.

The four questions we asked in our survey:

  1. What kind of salesperson are you today as compared to a year ago?
  2. What do you see as the biggest challenge in responding to inquiries?
  3. What’s your biggest obstacle while adding new clients?
  4. What was the biggest hurdle in contract negotiations?

We are happy to share the responses today compared to a year ago indicate that salespeople are feeling positive and optimistic, they are truly ready for customers. As a bonus, they feel they are more personable and better in their roles overall.

We have compiled and analyzed the data and have shared the results in the form of common themes and experiences, as well as our recommendations with you below.

Positive Changes

  • More personable and understanding of how to navigate the current climate and COVID-19 requirements
  • Improved sales skills overall and are more optimistic in booking business
  • No barriers or obstacles when it comes to growing client list or negotiating contracts

Relationship Building

  • Willing to spend time building relationships and seeking aligned clients
  • Employing people skills to work within shorter timeframes and smaller budgets
  • Transitioned from reactivity to proactivity, particularly as it pertains to maintaining relationships and earned trust of clients
  • Communication has transitioned to email and away from verbal communication or in-person meetings
  • Building capabilities to respond to inquiries in a faster manner, clients are becoming increasingly time sensitive
  • Increased emphasis on contracts and conditions with COVID-19 making it difficult to predict and navigate potential cancellations

Resources

  • Challenges arise with delayed responses and inquiries which are more general in nature
  • Pressure on resources as calendars are becoming increasingly full
  • Client budgets and expectations don’t match the value provided
  • The need to move towards more digital resources as manual processes including credit cards, estimates and contracts are now inconvenient

Job Performance

  • Increase in diligence and determination to close sales
  • Realizing and adjusting to the time investment required to respond to all inquiries
  • The need for creativity to ensure potential client replies and increased communication

Professional Knowledge and Skills

  • Higher focus on problem solving and negotiating skills
  • Spending the time to go through processes thoroughly
  • “Soft” skills like patience and understanding are more valuable in client and supplier communication
  • Lean staffing levels pose a challenge

Values, Perceptions and Thoughts

  • Overall feeling more hopeful as to the current and future state of the industry
  • Increased need to balance flexibility with forward planning as event calendar fills
  • New entrants into event positions sometimes mean communicating with less experienced potential clients and contacts, requires thoughtfulness and patience
  • Finding creative ways to understand a potential client’s vision for an event via written forms of communication, previously was easier via in-person meetings or phone calls

Flexibility and Adaptability

  • More in tune with the need to pivot and provide virtual content and services
  • Clients require more consultation to understand needs and move towards being ready to book
  • Shifted from administration to the need for marketing with the increasing need to identify buyer audiences, purchasing habits, preferences, and unique needs
  • Determining the best practices to qualify leads for best use of time and resources
  • Adapting to the short-term nature of more opportunities compared to last year
  • Still navigating how to be flexible and adaptive during COVID-19 times and potential last-minute cancellations

Intuitiveness and Awareness

  • Sales professionals are realizing they are now more cautious while others are experiencing frustration, and for some they have learned to become patient

Given the responses to this year’s survey, we have revised our recommendations to remedy some of the challenges and issues.

All themes explored in the survey play an important role in each person’s development as they reassess their skills to move forward effectively. A noteworthy observation is that goals are shorter than they have ever been before and that the market and environment have truly changed.

Contract negotiations are becoming more tedious making salespeople stressed as clients strive to cover every little detail, particularly as it pertains to COVID-19 regulations. This has meant that contracts take longer to finalize. We highly recommend ongoing contract reviews for both sides to identify realistic terms and conditions with a quarterly review before negotiations are final.

When it comes to building better relationships, flexibility and adaptability are key skills that require continuous improvement to have the ability to fulfil each client’s specific needs on an ongoing basis; this will be a major factor in negotiations and successfully securing business.

If you’re interested in learning more about securing and growing your business in these new economic times, please feel free to get in touch with us at lynne@lynnewellish.com, we are more than happy to chat to you about how we can help.

Presented by:

Lynne Wellish, CMP, CHSE Sales Activator with a focus on unique boutique businesses in the Hospitality Industry.  Lynne@cplanit.com

LoriAnn Harnish, CMP, CMM, CED, CTA Strategic meeting professional. LoriAnn.Harnish@gmail.com

Both are life-long learners and hospitality educators at Scottsdale Community College. Each year they collaborate on a survey to stay current with trends as they update and curate content for their students. Please email your experiences regarding the survey results or to inquire about customized recommendations to help grow your business.