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Chapter 6 Selling Other Markets

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Yellow pages of phone book: Clubs; Social, Political, and Athletic Organizations ... Meeting Professionals International (MPI) Insurance Conference Planners ... – PowerPoint PPT presentation

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Title: Chapter 6 Selling Other Markets


1
Chapter 6 Selling Other Markets
Convention Management and ServiceSeventh
Edition (478CSB)
2
Competencies forSelling Other Markets
  • Describe the nonprofit organizations market, and
    explain how to sell meeting services and products
    to it.
  • Identify SMERF organizations and explain how to
    sell meeting services and products to them.
  • Summarize sales considerations for selling
    meeting services and products to the following
    markets government agencies, labor unions,
    incentive meetings, insurance meetings, and
    medical meetings.

3
Nonprofit OrganizationsStructures Leads
  • Structures of Nonprofit Organizations
  • Structured like associations
  • Have members
  • Formed for a common purpose
  • Lead Sources
  • Directories see the Guide to American
    Directories
  • HSMAI's Affordable Meetings Exposition and
    Conference

4
Nonprofit Organizations
  • Many exist through fundraising
  • Similar to trade associations
  • Central source difficult to find
  • Solicit local chapters of national groups
  • Permanent staff, volunteer, board of directors
  • Shorter lead time
  • Offer to assist local chapter
  • Economic community benefit
  • National organization has experienced meeting
    planners

5
Nonprofit OrganizationsSales Tactics
  • Start with local chapters
  • Expect short lead times (1 to 2 years)
  • Assure planners of hotels assistance
  • Point out economic benefits to community of
    holding national meetings locally
  • Expect to deal with professional planners at the
    national level of nonprofit organizations

6
Characteristics of SMERF Groups
  • SMERF stands for
  • Social groups
  • Military and other reunions
  • Educational groups
  • Religious groups
  • Fraternal groups
  • SMERF Groups
  • Nonprofit groups
  • Tend to be price conscious
  • Good source of business for slow months

7
SMERF Groups
  • Price Conscious
  • Good numbers
  • Fill soft spots
  • People like to join social groups

8
Social Groups
  • Characteristics
  • Local, regional, and national in scope
  • Wide variety of interests and purposes
  • Hold both large and small meetings
  • Examples chess clubs, ethnic groups, bowling
    leagues
  • Lead Sources
  • Yellow pages of phone book Clubs Social,
    Political, and Athletic Organizations
  • Propertys employees
  • Propertys suppliers

9
Military and Other Reunions
  • Characteristics
  • Rapidly growing market
  • Planners becoming increasingly knowledgeable
  • Military Reunions
  • Combine reunions with vacations
  • Price conscious/double occupancy
  • Meet in September or October and on weekends

(continued)
10
Military and Other Reunions
(continued)
  • Family and Class Reunions
  • Recreational amenities very important
  • Often hosted by nonprofessional planners
  • Need less meeting space than other markets
  • Lead Sources
  • THE Reunion Network TRN News
  • Reunions, The Magazine
  • Military Reunion News
  • The Military Reunion Handbook A Guide for
    Reunion Planners

11
Military Other Reunions
  • Flexible weekend business
  • Military
  • Sept/Oct.
  • Annual, biennially
  • Banquet, Service, Meeting
  • Price conscious
  • Share rooms
  • Class Family
  • Recreational amenities
  • FB, no meetings
  • Pay own way
  • Double occupancy

12
Educational
  • Broad Diverse
  • Fill summer slow periods
  • Teacher associations
  • Continuing education
  • Accessibility Value
  • Short
  • Extremely price sensitive

13
Educational Groups
  • Characteristics
  • Fill rooms in summer months
  • Local, regional, and national meetings
  • Short in length
  • Accessibility and value considered important

(continued)
14
Educational Groups
(continued)
  • Lead Sources
  • Educational Associations and Directories
    (pamphlet)
  • National Directory of College Athletics
  • Local board of education
  • Alumni offices and divisions of continuing
    education at universities
  • Administrative offices of schools

15
Religious
  • Small Large
  • Summer months
  • Family oriented locations
  • Pay own way
  • Price sensitive
  • Double occupancy
  • Community Service projects
  • Example Promise Keepers

16
Religious Groups
  • Characteristics
  • Local, regional, and national meetings
  • Tend to choose family-oriented sites
  • Price conscious/double occupancy
  • Meetings last from 3 days to 2 weeks
  • Often meet in summer months
  • Lead Sources
  • Religious Conference Management Association
    (RCMA) Highlights
  • Yellow pages Churches Religious Organizations
    Synagogues Mosques

17
Fraternal
  • The Greeks
  • Multiple occupancy
  • General membership, retreats, institutes, board
    or council meetings
  • Professional honorary societies
  • Service Groups
  • Elks, American Legion
  • Holiday parties
  • Fund raising
  • Annuals

18
Fraternal Groups
(continued)
  • Lead Sources
  • Fraternity Executives Association
  • National Panhellenic Conference
  • National Interfraternity Council
  • Alumni associations, Student Activities divisions
    at schools
  • Yellow pages Fraternal Organizations
    Fraternities Sororities

19
Government Agencies
  • Characteristics
  • Per diem allowances price conscious
  • Mostly training meetings
  • Slow to pay bills
  • Short lead time
  • Request for Proposal (RFP)
  • Invitation for Bids (IFB)

(continued)
20
Government Agencies
(continued)
  • Lead Sources
  • Phone book Blue pages or other special pages
  • Society of Government Meeting Professionals
    (SGMP)
  • Society of Travel Agents in Government (STAG)
  • Commerce Business Daily
  • List property in Official Airline
    GuideGovernment Edition

21
Labor Unions
  • 150 in U.S.
  • Regular, repeat business
  • National Conventions
  • East/west, spouses, social programs, FB, high
    dollars, every two years
  • Regional Conferences
  • Central locations, 200-500, 2-3 days
  • Executive Committee meetings
  • Many a year, small, headquarters city

22
Labor Unions
  • Characteristics
  • Usually hold meetings only at unionized
    properties
  • National Conventions
  • Held every 2 years alternate between East and
    West
  • High spouse attendance, high expenditures
  • Need lots of meeting space, sophisticated AV
    equipment
  • Regional Conferences
  • Held annually near center of region last 2 to 3
    days
  • Attendance 200 to 500

(continued)
23
Labor Unions
(continued)
  • Executive and Committee Meetings
  • Up to 4 meetings per year last 2 to 3 days
  • Held in unions headquarters city
  • Hosts of these are considered for larger meetings
  • Lead Sources
  • National conventions general secretary of union
  • Executive and committee meetings
    secretary-treasurer

24
Other
  • These are part of corporate and association
    market.but deserve attention
  • Incentive
  • Insurance
  • Medical

25
Incentive Meetings
  • Characteristics
  • Offered as reward to motivate employees
  • Recreation is key value
  • Most programs mix business and pleasure
  • High spouse attendance, high expenditures
  • Key industries automobile parts and accessories,
    electronics, and insurance

(continued)
26
Incentive Meetings
(continued)
  • Incentive Travel Houses
  • Represent several different companies
  • Can provide repeat business
  • Lead Sources
  • Society of Incentive Travel Executives (SITE)
    annual directory, trade show
  • International trade shows

27
Insurance Meetings
  • Characteristics
  • Spend more on meetings than any other industry
  • High expenditures not very price conscious
  • Most programs mix business and recreation
  • Spouses often attend the largest meetings
  • Lead Sources
  • Start with the insurance companys home office
  • Meeting Professionals International (MPI)
  • Insurance Conference Planners Association (ICPA)

28
Medical Meetings
  • Characteristics
  • Market growing rapidly
  • Usually 200 attendees or fewer
  • Great potential for repeat business
  • Held during peak periods for hotels

(continued)
29
Medical Meetings
(continued)
  • Reasons for Rapid Growth
  • Changing technology and reform in health care
  • New treatments and cures developed
  • Continuing education requirements
  • New medical areas emerging
  • Globalization
  • Lead Sources
  • Professional Convention Management Association
    (PCMA)
  • Medical periodicals and journals
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