Decisions are often difficult in uncertain economic times. The catch-22 of; we all know we have to work, and the “what if” projections make business struggle, even the smallest firm decisions become difficult. The plans that many organizations may have in January often shifts, by March and so on and so forth quarterly throughout the year. Therefore, creating a plan that is financially sound which will still meet the needs of the shifting budgets and marketing efforts is more challenging than ever.
We hear all of this on a daily basis. The rhetoric makes me crazy, because I am one of those gypsies that believes in self-fulfilling prophecies. You say it, hear it, write it enough and WHAP! you are dumbfounded as to why it happens! Well, I say enough is enough, time to get down to real business sense here and make smart decisions that will keep companies not only in business but visibly active and not sitting on the fence waiting for the next rock to make contact.
In order to be smart about things, decisions and show selections have to be done early enough so that you can plan and if absolutely needed cancel. Where in the past sometimes the dates for such things could slide, they often cannot now because of the “the bird-in-the hand” financial commitments that are done for everything involved with shows/events. Some insurance that can be used is to check into what opportunities for early marketing exist with the show/event so that if there is a penalty you can capitalize and still get marketing out of your deposit before the event or after cancellation. Ask, if non-exhibiting sponsorships are a possibility that you can apply your deposits/exhibiting fee to, should anything occur. There are many ways to work your gypsy magic, make sure you ask the questions before sending in your application and get the options in writing.
Getting a firm decision seems to have evaded many management teams and they are waiting until the last possible moment to make that commitment or are in hopes that things will pass and just go away. Meanwhile, the cow is in the next pasture and could very well end up on someone else’s table!
Early commitments do save money and can bring great benefits if you are vigilant and keep up-to-date with those emails that might get thrown out before they get read. Get in on the social media marketing extensions and PR opportunities to begin marketing immediately, upon sign-up. Consider how much is spent in social media/network lead generation and that will take some of the burden off of your event costs/ROI and this information may also help to bring insight for your management teams.
Well it is, very true that the squeaky wheel gets the grease, and I always have my wagon squeak free! I do not like being a pesky gypsy, so I work to make/get commitments done early so that the persistence does not get overwhelming. I do this straight from the heart to assure I have done the best I can do and so that fellow gypsies will continue to do business at shows and events. I am in hopes that management teams become champions once again and kick the indecisiveness to the curb and help the staff keep their organizations healthy and growing.
My wagon is hitched up to attend a show in Anaheim next week…(Spring Break)…always fun to see the mayhem of hotel guests that need to work the next day and those that are vacationing. I tend to make the spring break shows an adventure and make sure I allow myself enough time for everything, that way there is no frustration and I can enjoy my work and travel!
Happy Decision-making and Safe travels gypsies!