Tuesday, October 22, 2013

Negotiations

A special quality you want your planner to have.

How important is a good negotiator when it comes to dealing with suppliers? Believe it or not - this part could save you hundreds and thousands of dollars. From the cost of the venue to the bulk rooms you are getting for your out of town guests.
It depends on a couple of factors - but generally speaking many of the prices that are advertised for events - can be reduced.
A stay at the Park Hyatt - can go from $395 down to $195 for a room. In the heart of Toronot. Yes it can be done.
When you are looking at a venue in a hotel - for example - there is some space for negotiations. If you are looking to book a block of 20+ rooms for your family coming in for the event - there are some concessions that can be made.
If you are looking to book for multiple days - more concessions can be made.
If you are also looking at having them cater your event over multiple days - more cost breaks.

All this to say - when you hire an event planner - you are getting more than someone who tells you where you have to be and at what time.
A good event planner has great negotiations skills. They have the knowledge of what they can ask in negotiations and will get some deals for your event (among other traits).

Have you found your negotiator? Find yourself a planner that can be the negotiator. See your savings add up - and be able to spend the savings on other parts of your event.
One important thing to remember - get your negotiator involved from the very beginning. They can help with venue selection/negotiations; help with Food & Beverage; help with almost every detail of your event.
It may be nickles and dimes - but the big picture will definitely show you dollars.

No comments:

Post a Comment