Eventing the Future 07
Wednesday, August 8th, 2007
I’m at Eventing the Future 2007 in Auckland – the conference run by the New Zealand Association of Event Professionals. Some interesting sessions on day one. Learnings include:
- there’s no recipe to making money from events management
- quality content can be repurposed across a range of marketing channels to get valuable media exposure – content is king
- strategic planning is essential to ensuring the successful growth and development of your event
- research into ticket buying shows that word of mouth is (still) the top way that people find out about events.
Making money
Ably facilitated by Peter Cox from SPARC, a panel discussion of representatives from events management companies kindly shared their business acumen. We heard that:
- The secret to successful business partnerships is working with like-minded people.
- It’s hard to grow a business – to take that step of employing staff to deliver events so you can focus on the business development side.
- Money can be made from events that are low cost to run but that have a high perceived value (so you can charge a good rate).
- Big events are not necessarily the most profitable – small events can become more ‘stable’ (in terms of sponsorship and supplier relationships, for example) a lot easier.
- Recurring events allow you to get efficient systems in place, but it’s not just a matter of the same event, different dates – a recurring event needs ‘new fizz’ every time.
- Developing strong brands is very important – sponsors will want to be associated with the story behind the event.

