Convention Insider (Conventions.net)

I am asked to speak at a number of events and conferences.  One of the things that I see is on the rise is the fact that many speakers are cutting there speaking fees to the bare minimums to get more work.  This is undercutting the industry for those that have been charging fees for their services for a number of years at the same rate.  The competition is creating price wars due to the sliding economy.

Some of the things that I see speakers are doing is not figuring in their normal fees are things like expenses for travel, expenses for being on site, and the expense of their time.

Conferences will often times pay for the plane fare to their event, pay for a hotel room for them to be at the event for the duration, and will provide the stipend for their speaking fees.  This is becoming a rarity for the event space or conventions and trade shows.  We are now seeing speakers lining up to speak at events for the exposure they get and not charging for those other areas.  They figure that this is a marketing or an advertising vehicle for their true businesses.  They are giving away their expertise on the bet that they may get business from the speaking gig.  If that proves not the case, they have lost that opportunity and they are then on to the next gig.

Meanwhile, speakers are devaluing their services and the services of their peers.  Their peers are unable to compete with those that are giving away services for free and not charging for things that they normally wold as they are hoping to make that up in the sales cycle.  The enabling of this are event planners and convention organizers that are having to cut costs and cut budgets for the content they are providing their attendees. We are seeing the economy change how we do business in this industry and speakers are being hard hit by the new changes.  How is the economy changing how you do business?  Would love to hear your opinions here.

I have been traveling all day and I had about 12 hours of airports, boarding this plane and carrying that bag.  I am currently speaking at an event in North Carolina and I really enjoy visiting new towns and places that I have never bee before and drink in all that place has to offer. It is part of the perks of having to put up with business travel like the day I just experienced.

I like to get to events and have a set place I can go for dinner and have most of the details worked out for me. Because I have had an all day excursion, it is nice not to have that next bit of problems with deciding where to eat, what parties to go to and what is the next thing.  Do you offer a stress free environment for the attendees or event the conference speakers for your event?  This could set you apart from other conferences and events that might be competing with yours.  Give a stress free itinerary to those tat have been going hard all day to get your event.  They will be refreshed when the event opens and will be one of your best evangelists.

I am constantly going over submitted speaker submissions for ideas about speaking at the events I manage.  Many of the speakers have much the same talk and it is some of the usual suspects that I see get a shot at speaking.  Some of the speaker agencies out there submit 10 applications to speak and all they do is change the name of their client and that can be especially frustrating when you are the one that has to read every application and determine those that make the cut for speaking engagements and those that you have to tell, “Maybe next year.”  It is tough to make those calls and it is even tougher to tell the folks their submission didn’t make it.  I think there are a number of things that can be done by speakers when applying to speak at events that can help your chances.

Be Unique – That may sound very basic but like I said many of the speakers out there all want to talk about the latest and hottest item in their industry and if you don’t stand out you can be assured you will be added to the “No Thanks” pile.

Know Your Organizers – This is not so typical of what I think is on the windshields of those that apply to speak but if you know more about those that are involved in the decision making process the better.  Do a little research on who those people are and what they do.  This can provide invaluable if you get a chance to pitch the idea later.

Keep It Simple – Organizers of events have a very limited amount of time to go through 100′s of submissions.  Keep your title catchy but simple and your pitch should be very much an elevator pitch.  If the organizer reading your submission has to spend too much time getting to the money portion of the pitch, you may end up on that pile quickly.

It’s Not About You – The worst thing I see in the pitch is that the applicant want to make the talk about them and how cool they are.  What you need to do is make it about the event and their attendees.  You pitch from the stage and you may never be asked back to an event. They want to make the best conference for their people. Make it about them.

Speaking at events is for some the best marketing you can have.  You get to be seen as an expert, you get exposure and you get to be the rock star.  Remember that organizers also are looking for the person that understands that from their point of view.  Your applications should be selling to the organizer and it should be your best stuff, but they see it as an honor for them to invite you to their show not that you have graced them with your presence.  Keep your egos and your chest thumping to a minimum.  Make it your mission to make their conference the best it can be and they will respond favorably when it comes times to make a decision on who gets to speak.

What is co-location of conferences?  We know that co-location is defined as:  “to locate together; especially : to place (two or more units) close together so as to share common facilities.”  This is provided by Merriam-Webster, but what does it actually mean to us in the conference world?  To me it has a few messages.

Spreading out costs: I think one of the main points in today’s economy is that it allows a conference to partner with another conference to share in the costs of the facility or other costs.  If you have two companies that might have somewhat differing agendas but might share the same attendees, they can both share in the cost of the rental of the facility or the other costs that might be associated with putting on the event.  This also means of course that you would have to also share in the revenue of the attendees tickets and perhaps some of the sponsors but that is to be expected when dealing with partners.

Markets Join Forces: Many companies join together for a common purpose.  This is not much different from conferences joining together for a common purpose.  It may be that a single conference does not have the amount of content to support a full conference but if they joined with another conference that might also be too small to support a full conference, together they could make a full conference agenda of speakers and exhibitors for a better conference experience.

Management is Distributed: In some cases the companies that are putting on the events are too small but if they joined forces they could spread out the amount of work necessary.  perhaps Company A wil be in charge of the front facing marketing promotion and sales, while company B is responsible to the back end management of registrations, exhibit booth set up, housing and speakers.  With two companies each taking on all of the responsibilities necessary it spreads out the work load making it easier to accomplish all that needs done.

These are just a few of the simple ideas behind why conferences are co-located.  I know that we are beginning to see more and more of this as economic factors make it necessary to join forces and allow for more people to participate in attending conferences as well as managing them.  Are you a co-located conference manager?  Why are you co-locating?  What are some of the downfalls of co-locating conferences?  Would love to hear your thoughts.

One of the things I do quite a bit is speak at conferences around the country.  I use speaking as a way to help promote my business because I am seen as an expert or a thought leader by presenting on topics within my industry. I try to help promote my speaking at events by sending out a number of messages on Twitter and letting my community on Facebook know where I will be speaking, and I generally try to get people to know where I will be and where they can find me.  It is good business to promote yourself through speaking.

What I don’t see often enough is speakers that promote the shows that they are asked to speak at on a large scale.  It is a win win situation when asked to speak at a conference.  You get the chance to be seen as the expert and the conference gets your content to provide to their attendees.  The latter part of that statement is the most important, the attendees to the event.  You can help the conference by getting people in the seats.  Many would argue that is is a responsibility to help the show organizer to get people to come to the show if you will be there speaking.  If you are not selling yourself and the conference you are not promoting well.

If you have a website advertise the upcoming show on space that tells your community about the conference.  When commenting on blogs about your topic, tell people where they can go to register for the event. Have a Slideshare account?  Make sure you upload your power point presentation.  All of this can help your presentation and help the event where you are speaking.  Bottom line is if you are asked to speak, do your part to help promote the conference to make it a success.  If the show is seen as a success and you helped make it work, you will be asked back for future conferences to be seen as the expert in your field.  It is good business.

Photo via Daveness_98

There has been a number of people that have chimed in on Twitter, Facebook and other parts of the social mediasphere about the payment of speakers at events and conferences.  I chimed in myself and wrote about the idea of paying or not paying speakers.  I suppose it depends on which camp you are in as to which side of the debate you fall on and in my case I guess I walk that line pretty carefully being a person on both sides.  I do know that whether you pay or not pay your speakers does not eliminate the need to treat them like the experts and VIP they are when speaking at your event.

Many conferences I attend have areas for the speakers.  It is like a velvet rope where speakers can get away to prepare and relax before their presentation.  This allows for them to shake off the stress of presenting, to get some time to think and go over their presentation and in some cases provide them a place to do those last minute rehearsals.  The speaker ready room I have heard it called, or the green room of even the VIP ambassador room.  In spite of the name you give the area for your speakers, it is nice as a speaker to be treated like a VIP.  It shows me that the organizers believe me to be the expert, and that they believe I am bringing value and that they appreciate all that I have done for them.  Treating your speakers as a VIP may later make it easier to negotiate payment and provide the best talent for your attendees.

I have been at the heart of this debate for quite some time.  I have been on the organizer side, and on the side of being one of the speakers looking to be paid. Scott Stratten recently voiced his opinion about the topic of paid speaking on his blog UnMarketing.  In this instance Scott was given the terms by which you can speak at the event, a speakers conference ironically.  In that instance the speaker had to register for the event and pay the fee to attend if they were chosen to speak.  I know that this is a way to keep the ticket prices for the event low and that if you speak at the event, the pay is actually the prestige and the honor it portrays.  As I have said, I understand both sides of this argument.

From an organizer standpoint, the real issue is whether the speaker can help them sell tickets and whether that value that the speakers are bringing to the event will make the organizer money.  Plain and simple it is a matter of economics in that regard.  Many speakers on the other side of the coin believe in their message and how well they do their job and with that comes the idea that they can sell out Yankee Stadium if they were to speak on their passionate topic.  Many times that is not nearly the case.  Both have merit and there should be a compromise somewhere in the middle.

As organizers we look to speakers to pay their way in and help us make money by adding that value.  Speakers that help sell tickets or promote the event through their networks are the best value for an organizer and many organizers that see that can and will compensate the speaker for that purpose.  If a speaker adds no other value than their message, it some times looks like a bad investment.   Why should I pay you you speak at my event if you don’t bring value.

As a speaker, I am taking my time to make sure that value is there by making sure the message is such that it fits their audience.  I am making sure I provide them an expert in the field which I know they are using to market the event.  If I can help them by promoting the event through my network to help put butts in the seat then I am happy to do that as well.  I could make money in other areas, and speaking is only as small component of my business, but I also realize that if you speak at events, you do get that recognition and exposure.  I factor in a small part of my speaking as a way to market me and my business.

Both sides benefit from this relationship.  It seems that where it gets lost is when one side cannot see the other side’s point of view.  What is your position?  Should speakers be paid?  Should speakers pay to be a part of an event? Is the going rate for speakers too high or too low?  I would bet your argument is slanted somewhat in your own economic position.

[photo via Photos8.com]