Overview

IBISWorld’s Party & Event Planning Services Procurement Research Report helps simplify the purchasing process. This report provides tools such as pricing trends and forecasts, supplier benchmarks and negotiation questions to help you work with internal stakeholders and executives to manage the procurement process for your company. With this information, your company will be able to make credible and knowledgeable decisions regarding purchasing Party & Event Planning Services.
doneBenchmark Price
doneRFP/RFQ/Negotiation Questions
done3 Year Price Forecast
doneSupply Chain Analysis
doneSupplier Intelligence
doneSample Buyer Decision Scorecard
REPORT SNAPSHOT

Party & Event Planning Services - Recent Price Trend

IBISWorld estimates that the average price for party and event planning services has been rising at an estimated annualized rate of 2.9% from 2013 to 2016, negatively impacting buyer power. Rising demand has been the main force driving this price increase, and although the price of party and event planning services has gone up, buyers have benefited from low price volatility.As the US economy has...

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Party & Event Planning Services - Total Cost of Ownership

The total cost of ownership for services is moderate. The primary factors adding to the total cost of ownership for these services are travel costs and the potential for agency abuse in the form of kickbacks and commissions. Buyers should elicit from their service provider a contract that carefully outlines all costs and fees, such as travel for planners to meet with the buyers to discuss the...

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About this Report

This report is intended to assist buyers of party and event planning services. Party and event planners organize social gatherings such as corporate parties, award ceremonies and celebrations on behalf of their clients. This report does not cover conference and trade show planning services.

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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