Article Check
#1 in Business Subscribe Email Print

You are here: Home > Business > Marketing > Aspects of a Seminar - Revenue Streams

Tags

  • going
  • controls
  • determine these
  • determine these
  • registration costs

  • Links

  • Wedding Ceremonies For Different Cultures And Religions
  • Financial Benefits of Owning a Home
  • Charter Fishing At Its Best
  • Article Check - Aspects of a Seminar - Revenue Streams

    Traveling Nursing Jobs
    In the United States, there is a great demand for nurses and many people opt for nursing career. The nursing jobs include working in a doctor's office, hospital, or private care facility. Due to the shortage of nurses faced by different cities of the state, there has been an increase in opportunities for traveling nursing jo
    ! Yes, you should speak at your event! When a speaker speaks at your event, you get a 50% commission. This should be in your contract! This is very important, so that you make money. One of the reasons you should speak is you get a 100% commission. This is your pay-day. This is where you will make the
    Networking Versus Netweaving - What Is The Difference?
    Most people know about networking. Sometimes it appears that whom you know is more important than what you know! Some people want to know who knows you too! What do you think? Has this been your experience?Networking has been around for a long time. It is a tactic used to go after new business, gain competitive advant
    What are the different sources of revenue you have? You need to determine these and which one is your “money-maker.” There are four different types of revenue within the seminar business. Each has a different position to making you money. When I plan seminars, I take each of these four streams of revenue and determine where the money goes from each one.

    You must determine these revenue streams to make money!

    1. Registration (Gate)
    Your registration fee should be high enough to cover the expenses of your conference. You are NOT going to make money in this area! The goal of registration is to cover your overhead cost, NOT make a profit.

    2. Sponsors/Vendors
    Sponsors and vendors are a great way to help cover some of your overhead costs, also. Another way to use this money is to provide something you wouldn’t normally provide. For example: At the Family Ebiz Expo, if we are able to get a sponsor or two, we will add food at one of our break-out sessions.

    3. Product Sales (Back of the Room Sales- BOR)
    This is your “MONEY-MAKER!” This is where you will bring in profit. Speakers will sell products; this should include your invited speaker and you! Yes, you should speak at your event! When a speaker speaks at your event, you get a 50% commission. This should be in your contract! This is very important, so that you make money. One of the reasons you should speak is you get a 100% commission. This is your pay-day. This is where you will make the m

    Business Gifts - Mastering the Art of Business Gift Giving
    Gifts are an excellent way to build client and employee relationships. People love to be remembered and recognized, particularly when least expected. The surprise of a carefully-chosen gift can go a long way towards building good-will and turning a one-time sale into a long-term customer. Many companies include regular gift-
    ue and determine where the money goes from each one.

    You must determine these revenue streams to make money!

    1. Registration (Gate)
    Your registration fee should be high enough to cover the expenses of your conference. You are NOT going to make money in this area! The goal of registration is to cover your overhead cost, NOT make a profit.

    2. Sponsors/Vendors
    Sponsors and vendors are a great way to help cover some of your overhead costs, also. Another way to use this money is to provide something you wouldn’t normally provide. For example: At the Family Ebiz Expo, if we are able to get a sponsor or two, we will add food at one of our break-out sessions.

    3. Product Sales (Back of the Room Sales- BOR)
    This is your “MONEY-MAKER!” This is where you will bring in profit. Speakers will sell products; this should include your invited speaker and you! Yes, you should speak at your event! When a speaker speaks at your event, you get a 50% commission. This should be in your contract! This is very important, so that you make money. One of the reasons you should speak is you get a 100% commission. This is your pay-day. This is where you will make the

    How To Delegate for Fun and Profit
    Ah, the wretched pain of delegation. It comes easy to some people. But others – you know who you are – would rather undergo a double root canal than hand over a task and walk away from it.The good news is that this is a disease you can recover from. And the better news is that when you choose to give up control you
    stration is to cover your overhead cost, NOT make a profit.

    2. Sponsors/Vendors
    Sponsors and vendors are a great way to help cover some of your overhead costs, also. Another way to use this money is to provide something you wouldn’t normally provide. For example: At the Family Ebiz Expo, if we are able to get a sponsor or two, we will add food at one of our break-out sessions.

    3. Product Sales (Back of the Room Sales- BOR)
    This is your “MONEY-MAKER!” This is where you will bring in profit. Speakers will sell products; this should include your invited speaker and you! Yes, you should speak at your event! When a speaker speaks at your event, you get a 50% commission. This should be in your contract! This is very important, so that you make money. One of the reasons you should speak is you get a 100% commission. This is your pay-day. This is where you will make the

    Big4 IT Consultants and The Road Ahead
    Demand for Big 4 IT Consultants: “A Big 4 Accounting firm is seeking IT Auditors,” “Big4 experience in IT Audit, SOX 404, Business Process controls, internal controls” “Big4 ERP consultant with Big 4 experience,” “Strong Big4 experience in the SAP market,” “Big 4 firm seeks senior level Oracle, JD Edwards or Peop
    o, if we are able to get a sponsor or two, we will add food at one of our break-out sessions.

    3. Product Sales (Back of the Room Sales- BOR)
    This is your “MONEY-MAKER!” This is where you will bring in profit. Speakers will sell products; this should include your invited speaker and you! Yes, you should speak at your event! When a speaker speaks at your event, you get a 50% commission. This should be in your contract! This is very important, so that you make money. One of the reasons you should speak is you get a 100% commission. This is your pay-day. This is where you will make the

    Project Managers and Technical Writers: The Outsiders that Make Tech Work
    Project managers need to create plans, form teams and keep track of all of the challenges and deadlines that are part of today's fast paced product development cycle. They stand in the center of a crowd of different people, and have to unite and guide them towards a specific goal.The irony of project management is tha
    ! Yes, you should speak at your event! When a speaker speaks at your event, you get a 50% commission. This should be in your contract! This is very important, so that you make money. One of the reasons you should speak is you get a 100% commission. This is your pay-day. This is where you will make the most money. Later on, I will talk about seminar etiquette but if you follow the etiquette secrets I share with you, you should have the most sales at your event!

    4. After Event Sales
    The last stream of revenue is after event sales. This can be a pretty big money-maker, also. Make sure to record and/or video the event (video-taping depends on your budget). You can then sell these recordings to attendees and those who didn’t get a chance to come. There are different ways to sell these; either as a big package or as individuals talks. Right after the event, I would sell them as a package. Then once things die down a little start releasing them one-by-one. This becomes a more constant source of income.

    Remember where your “money-maker” is: Back of the Room Sales! This is where your profit will come from; not your registration costs!!! This is a mistake many people make. They think they can make profit and cover all the expenses in the registration costs. This is NOT true! Don’t try it! This shows why choosing speakers is so important. They are your money-maker!

    HTTP = HTML link (for blogs, profiles,phorums):
    <a href="http://www.caseupon.com/article/26786/caseupon-Aspects-of-a-Seminar--Revenue-Streams.html">Aspects of a Seminar - Revenue Streams</a>

    BB link (for phorums):
    [url=http://www.caseupon.com/article/26786/caseupon-Aspects-of-a-Seminar--Revenue-Streams.html]Aspects of a Seminar - Revenue Streams[/url]

    Related Articles:

    Good Customer Service Turning Refunds Into Big Profits

    How Many Squares Do You See?

    Train Me -- But Follow Through

    Bookmark it: del.icio.us digg.com reddit.com netvouz.com google.com yahoo.com technorati.com furl.net bloglines.com socialdust.com ma.gnolia.com newsvine.com slashdot.org simpy.com shadows.com blinklist.com