Experts & Opinions
Jan 11, 2018
No. 5: Ask for a discount. If you don’t ask, you won’t get.
Discounts are everywhere in the trade show industry. But they aren’t always stamped with the word, “DISCOUNT!” in big red letters.
When you’re working with your show vendors, always ask them how to obtain cost savings and the best value. They may offer discounts to new clients to incent you to try their services or have package deals, volume discounts for multiple shows or be willing to meet or beat other quotes you have solicited.
Many exhibitors don’t bother to ask about vendor discounts and leave a lot of cash on the table just… more
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Jan 09, 2018
Tech helps the brand experience world go around, from audio-visual solutions to the latest innovations in digital marketing. Tech is precise, mathematical and useful. It can be eye-catching and fun, too. But ultimately, tech is just part of the show organizer machine that powers event marketing and sponsorship.
Stop the engines for one second.
What if I told you event tech, at its best, can make shows more personal and create deeper connections between you or your sponsors and audiences? It seems counterintuitive but it’s true.
Good tech makes events more human.
Ready to put some octane… more
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Jan 04, 2018
Social media isn’t just for sharing selfies or tweeting 140 characters anymore. We use it every day to stay connected to family and friends, read about current events, and feel included in events and stories from across the globe. Facebook has found a way to encourage user involvement with its new feature, Collaborative Stories.
This recently launched feature is in addition to its already popular Stories function. Users of Facebook groups and Facebook events will be able to contribute to a story that will be visible only to other members of that group or event.
Collaborative Stories shared… more
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Jan 02, 2018
You’re either with the robots or you’re not with the robots – choose wisely. The robot revolution is coming and it will impact the event space. Well...maybe not in 2018, but there are certainly technology trends that event professionals should be aware of in their strategic planning for 2018 and beyond.
To help organizers prepare for the future, we put together a blog series that will cover the top trends we’re seeing and insight on how to make the most of new technologies for your events.
One of the top overall event tech trends we’re seeing for 2018 is engagement. But what does that mean… more
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Dec 21, 2017
No. 4: Add 10% “slush” to your exhibit budget.
I’ve found that there are two kinds of corporate budgets:
The “it-would-be-nice-if-you-hit-this-number” kind and
The “if-you-go-over-this-amount-your-job’s-in-jeopardy” kind (Well, maybe not your job, but maybe no bonus or promotion?)
If you don’t know which budget method your company subscribes to, this is a good time to have a heart-to-heart talk with your boss about your exhibit budget and company policy on managing it.
Since the only figure we know for sure when we sign up for a show is the cost of booth space (usually on a square foot or… more
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Dec 19, 2017
With all the detailed planning that goes into major trade shows, conferences and other large events, often overlooked is one segment of attendees that does need some special attention: individuals with disabilities.
The Centers for Disease Control and Prevention (CDC) estimates that 53 million adults in the U.S. have a disability. Their disabilities, however, don’t stop many of them from attending events. Event planners know this and are much more focused today on creating accessible events. Still, there’s more that can be done.
From the venue selection and preparation to the use of certain… more
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Dec 15, 2017
There are several benefits associated with investing your time and energy in expanding the marketability of your product via a trade show. Trade fairs are powerful marketing systems that can bring new customers to your roster while maintaining your current relationships with your brand loyalists. It’s one of the only times where there will be a concentrated presence of international buyers, sellers and investors in one place in such a short period of time.
In addition, trade shows provide an insight of the market and industry, introduce you to the latest innovations and trends of your… more
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Dec 13, 2017
If you are anything like me, you barely carry cash anymore. Credit and debit cards have become the main method of payment these days so cash isn’t necessary. Other advances in technology, such as PayPal and Apple Pay, have proven this to be true, too.
With cashless payments gaining momentum and technology being developed to cater to this trend, it’s time that the event industry catch-up. Attendees already have enough to remember and worry about at an event, so having a few bucks on them to purchase lunch is probably the last thing they are thinking about.
Make It Easier for Attendees
Our… more
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Dec 11, 2017
Reducing landfill waste is a major challenge for any trade show, and very often event organizers and venues face the difficult question of where to even start. In our experience, one of the most impactful strategies to address is directing a greater focus towards donation and reuse within the exhibit hall itself.
For some real-world inspiration on this front, the IMEX America exhibition for incentive travel, meetings and events, held annually each October at the Sands Expo Center in Las Vegas, features several innovative approaches towards exhibit hall donation and reuse which have… more
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Dec 06, 2017
There is a perception by some Event Managers that the best booth staffer is always the outgoing sales person who is outspoken and fun. While sales reps can be great staffers, there are other personality types and expertise characteristics that can be just as important to round out your perfect team. Below I outline some key roles for booth staffers candidates you can use to fill those roles at your next trade show.
Engager/Crowd Gatherer
It does not matter how wonderful your message and service is if you can’t find someone to talk to about it. That is where those people my colleague called… more
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Partner Voices
MGM Resorts is committed to fostering an inclusive and diverse culture, not just among employees and guests but also within its supply chain. The company prioritizes procuring goods and services from businesses owned by minorities, women, veterans, people with disabilities, LGBTQ individuals and those facing economic disadvantages. This commitment is integral to MGM Resorts' global procurement strategy.
Through its voluntary supplier diversity program, MGM Resorts actively identifies and connects certified diverse-owned suppliers to opportunities within its supply chain. The company is on track to spend at least 15% of its biddable procurement with diverse-owned businesses by 2025, demonstrating that supplier diversity is not only a social responsibility but also a strategic business imperative.
Supplier diversity isn’t just the right thing to do – it’s good for business. A diverse supply chain allows access to a broader range of perspectives and experience, helping to drive innovation, entrepreneurship and resilience, while strengthening communities. At MGM Resorts, engaging diverse suppliers ensures best-in-class experiences for guests and clients. Supplier diversity ensures a more resilient supply chain while supporting economic development in the communities in which it operates.
The impact of MGM Resorts' supplier diversity initiatives is significant. In 2023, these efforts supported over 3,500 jobs across more than 30 states, contributed over $214 million in income for diverse-owned businesses and generated more than $62 million in tax revenue. The story extends beyond the numbers – it reflects the tangible benefits brought to small and diverse-owned businesses, fostering economic empowerment in their communities.
MGM Resorts also supports the development and business skills of diverse-owned businesses through investment, mentorship and education. Through the MGM Resorts Supplier Diversity Mentorship Program, the company identifies, mentors and develops diverse-owned businesses to fill its future pipeline, while providing businesses with tools and resources to empower and uplift. Since 2017, the program has successfully graduated 105 diverse-owned businesses and is on track to achieve its goal of 150 graduates by 2025.
MGM Resorts’ commitment to supplier diversity not only enhances its business operations but also plays a crucial role in uplifting communities and fostering economic development. This approach reinforces the idea that diversity is a powerful driver of innovation and resilience, benefiting both the company and the wider community.