New York/Los Angeles Summer 2010

Page 97

THE VENDOR SELECTION PROCESS Planners Re-evaluate Vendors Regularly…

How often do you re-evaluate the following types of vendors each time you plan an event? (All planners)

68.7% 68.2% 68.1%

63.4% 63.4% 62.5%

59.4% 59.2%

55.0%

53.9%

e nu Ve

r g g nt nt ns on ng co ing tin ffin tio cti hti me me De a ter a u e g l / n t a i i Ten d g e S n L C a o a R g t r n c P si ter bli al De Ma En Pu isu nt v e o Ev di Au

…But Not Formally 76%-100%

What percentage of the time do you issue R.F.P.s to vendors for events with more than 100 attendees?

14.8%

51%-75%

16.2%

0%-25%

45.7%

23.3%

(All planners) 26%-50%

Planners Consider Many Factors

How important are the following factors when selecting vendors for your events and meetings? (In-house planners) 5=Very important, 0= Not important at all

4.61

4.32

4.32

4.27

4.26

4.26

4.13

4.09

3.98

3.83 3.14

st es nt ed lty on ers list ors ces ion Co cti fer me venu nn nd pecia servi nt f tat e e e a e o u l i p v f p s n cl ag ns rp er of or n o lutio l re man r’s ei pe the oth end tio do sit o o era o f a l c n h s n o c V t s ca Ve of Lo ge se rom ll wi nd ysi Ea r’s ity kf ea Ph we g do ac tiv a b n n k a d or Ve Cre dr Fee to w oa r y B ilit Ab

bizbash.com july/august 2010 95


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