Overview

IBISWorld’s Procurement Research Reports cover thousands of indirect purchasing lines. Our data and analysis help you strategically engage and negotiate with suppliers and give you the credibility to work with internal stakeholders and executives. IBISWorld’s Conference Planning Services procurement research provides price trends and forecasts, supplier benchmarks and negotiation questions all intended to give your company leverage during the sourcing process.
doneBenchmark Price
doneRFP/RFQ/Negotiation Questions
done3 Year Price Forecast
doneSupply Chain Analysis
doneSupplier Intelligence
doneSample Buyer Decision Scorecard
REPORT SNAPSHOT

Conference Planning Services - Recent Price Trend

Prices for conference planning services have risen at an estimated annualized rate of 0.8% in the three years to 2017, primarily due to rising demand. Though price growth is not typically beneficial, such slow growth combined with low price volatility can aid buyers in budgeting for services.While corporate profit has stagnated in recent years due to faltering oil prices and economic uncertainty...

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Conference Planning Services - Total Cost of Ownership

The total cost of ownership for conference planning services is low. There are many hidden costs associated with hosting a conference, but not specifically with hiring a planner. The primary factors adding to the total cost of ownership of these services are the costs of meeting with the planning agency and the potential for agencies to take kickbacks and commissions that are not shared with or...

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About this Report

This report is intended to assist buyers of conference planning services. Conference planning services refer to services provided by agencies to plan and execute corporate meetings, conventions, trade shows and other business-related events on behalf of the entity hosting the event. Specific services provided include budget management, speaker and topic research, venue research and booking, catering requirements, event staffing and audiovisual production. This report does not cover the purchase of event management software or the planning and management of parties and events hosted by consumers.

Table of Contents

At a Glance

Executive Summary

Price Environment
 Price Fundamentals
  Benchmark Price
  Pricing Model
 Price Drivers
 Input Cost Drivers
 External Demand Drivers
 Recent Price Trend
 Price Forecast

Product Characteristics
 Product Life Cycle
 Total Cost of Ownership
 Product Specialization
 Related Goods
 Subsitute Goods
 Regulation
 Quality Control
Supply Chain & Vendors
 Supply Chain Dynamics
  Supply Chain Risk
  Geographic Locations
  Imports
 Competitive Environment
  Market Share Concentration
  Vendor Company Types
 Market Profitability
 Switching Cost

Purchasing Process
 Buying Basics
 Buying Lead Time
  Selection Process
  Buying-Decision Scorecard
 Key RFP Elements

Negotiation Questions

Buyer Power Score Components

Jargon & Glossary

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