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Reaching the Invisible Customer

Reaching the Invisible Customerd1qjrrxopn64jt.cloudfront.net/InvisibleCustomer_April2016.pdf · Client Budgets Source: 2016 HB Associate Survey Meeting/Travel Budget Changes 2015

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Reaching the

Invisible Customer

Danielle M. Boyles Vice President

HelmsBriscoe

Edie DePhillips VP, Event Project Management Team Manager

WellsFargo Home Mortgage

Who are the Invisible Customers?

Market Conditions

Client Budgets

Source: 2016 HB Associate Survey

Meeting/Travel Budget Changes 2015 compared to 2014

46% No Change

11% N/A

11% Decrease

32% Increase

Anticipated Meeting/Travel Budget Changes

2016 compared to 2015

50% No Change

7% N/A

12% Decrease

31% Increase

Buying Process of the Invisible Customer

Associate Recommendations

Client Decision Factors

Influences on Associate Recommendations

1. Custom Proposal: eRFPs

2. InSite Reviews

3. Established Rapport

Influences on Clients’ Final Selection

1. Promotion or Concession

2. InSite Reviews

3. Custom Proposal

eRFP Platforms

= High Volume Distribution

Heightened Dissatisfaction

Emerging Solutions

Source: GBTA, ‘Improving eRFP Efficiency and Effectiveness for the Meetings Industry’

Education

Processes

Technology Solutions

Alternate Technology Models

Limits

Relevance

Relevance: Relationships

Relevance: Duplication of Efforts

Relevance: Processes

Source: DMAI, ‘DMO Recommended Practice for Managing a Cvent Lead’

You Are Not In This Alone…

Reaching the

Invisible Customer

Keep in Touch

Email [email protected]

Podcast Meeting Planning Madness

blog.empowermint.com/podcast

Blog blog.empowermint.com

Web www.empowermint.com

LinkedIn DMAI’s Network for CVBs

and Meeting Professionals