Business Growth  Association Growth  Articles  Presentations  View Video  Meeting Planners  Home 

 

The Conference Conundrum

By Ed Rigsbee, CSP

In difficult economic times, the question of how to deliver value to conference attendees while keeping the cost under control is truly a conundrum. Determining what activities conference attendees see as valuable can be quite elusive, as in your coercive effort to attract them.

What do today’s conference attendees want? First, explore the basic types that attend conferences, especially when travel is required. The old paradigm conference attendee is a bit like the good ol’ boy—attending his industry meeting regardless of the time of year, location or quality of the meeting. He just wants to meet with his buddies, network a bit, golf and drink. The conference is his well earned get-away.

Then there is the new paradigm attendee, both men and women. They are younger, have families and have the attitude that they will participate if they see the capability for synergy. Golf and partying is not their motivation, but rather the desire to obtain new strategies, tactics and the skills necessary to improve their business. They only want to rendezvous with value.

Of which group is your association’s membership tilting? Has the ratio been changing over the last few years? I bet it has been changing, but perhaps nobody noticed? Then there is the paid verses volunteer leadership element with which you must be attentive. This becomes crucial when a volunteer leader from a small company follows one from a large company.

My observation in over a decade of interviewing volunteer association leaders and speaking at association meetings is that generally (but not always) a leader from a large company tends to be more strategic in their thinking and those from smaller companies tend to be more tactical. While both are necessary, tactics without strategy is like traveling to a far-away land without a map—who knows where you’ll end up?

One tactic for reducing costs that a number of associations have recently engaged is that of inviting suppliers to present educational sessions rather than hiring experts, authors and /or professional speakers. Industry presenters usually manage to wrap their presentation around a sales pitch for their product. An important point that is rarely broached in the above mentioned tactic is what effect does inviting one company to present have on other supplier companies?

Since suppliers, or allied members as they are sometimes called, generally pay a disproportionately larger amount to attend a conference than other members, they want value too. Forcing a number of suppliers to endure a competitor’s veiled sales presentation can be considered cruel and unusual punishment. And they never forget.

What does create value for today’s conference attendees? Many attendees, especially those at national meetings, are looking to be recharged. They need and want both the motivation and tools for doing battle in the trenches for another year. What percentage of motivation verses skills? Regardless of what I have been told by meeting planners, over the years I have learned that in both general sessions and concurrent sessions alike, the scales tilt more toward motivation. This is something that a non-professional speaker can rarely deliver.

For a meeting organizer, the rendezvous with value challenge can be enormous. You say, “How in the world can I deliver all the value my diverse group of attendees demands and needs in a time of diminished registrations?” Your answer is in numbers. Just how many of your attendees demand that costly golf outing? Is it a large number or just a few that are quite vocal in their personal demands? Must you have an open bar reception? If so, cut the hours in half.

A great question to ask oneself is that of memory—what will your attendees remember? Will they remember their fourth free whiskey at the reception? Or, will they remember that the speaker from XYZ Company spent the entire hour talking about their own company’s capabilities? What will stick in your attendees’ minds that will urge them to return to the conference the next year? If they are old paradigm; they’ll just come again no matter what. But, for the new paradigm attendees, you must help them to rendezvous with value.

Currently, suppliers to the meetings industry are offering generous discounts; including hotels, resorts, airlines and also professional speakers. This is simply because of supply and demand. If you truly want to deliver value to your attendees, take advantage of the times and give them more than a free whiskey by which to remember their conference. This may take an additional effort in helping your volunteer leaders to understand the value, and, they themselves may be the ones that need the inspiration and motivation the most.

 

To access helpful additional information from Ed Rigsbee at no charge, please visit www.rigsbee.com/downloadaccess.htm

# # #

Ed Rigsbee, CSP is the author of PartnerShift, Developing Strategic Alliances and The Art of Partnering. Rigsbee has over 1,000 published articles to his credit and is a regular keynote presenter at corporate and trade association conferences across North America. He can be reached at 800-839-1520 or EdRigsbee@aol.com. For a treasure trove of additional information and ideas, visit his Partnering University Web Site at www.rigsbee.com.  

 

Home

Recent Articles  Presentations  Rigsbee Bio  Rigsbee Intro  Client List  Client Comments  Mastermind Alliances  Fees  Publications  FAQ  Links  So Cal Venue Discount  Meeting Cost Buster Package  Photos 150 dpi  Photos 600 dpi  Partnering Agreements  Bridge Builder Poem

800-839-1520

www.EdRigsbee.com  www.SucceedInSpeaking.com  www.BureauMatch.com  www.CigarPEG.com

Business Is About Results, Not Excuses! Smart Alliances To Help You Grow Your Business

Call Ed Rigsbee at 800-839-1520

Rigsbee Enterprises, Inc., 1746 Calle Yucca, Suite 200, Thousand Oaks, CA 91360 USA +1 (805) 499-0766