4 Secrets to Saving 100s or even 1000s of Dollars When Planning a Party - Guaranteed to Work!
4 Secrets to Saving 100s or even 1000s of Dollars When Planning a Party - Guaranteed to Work!
4 Secrets to Saving 100s or even 1000s of Dollars When Planning a Party - Guaranteed to Work!
During the early 2000s the typical cost for a wedding was about $30,000 and a corporate party budget about $60,000. The recession hit and the typical cost of a party was cut in half. Still a lot of money when the hosts are faced with loss of business, job layoffs, under-employment or have spent the savings they would have used for their event. There are ways to save hundreds or even thousands of dollars that your party planner will never tell you. Here are four of them.
1. Avoid the Nuisance Charge
When you are busy checking out the party professionals, deciding if you will use their services, they are checking you out too. The price they charge you may include a 10-20% nuisance charge. That is given to clients that seem like they will be high maintenance. Clients that will eat up their time because they seem like they can't make a decision or they need to be reassured over and over that they made the right decision, are unorganized and will require papers sent and resent, or they will show up meetings late or cancel meetings because there is always something more pressing. You can avoid this charge by having all your papers in a neat book, being on time to your appointment, showing you've done your due diligence in preparing to hire the party professional.
2. Find Party Professionals that You Like and Like You
When your party professional likes you, they'll bend over backwards to get you the extras. They'll see if the hotel will throw in the mirrors for under the centerpieces or even lend you centerpieces they own. They'll ask their friend the caterer to make the coffee a "coffee bar" or the D.J. to bring his best equipment. They'll feel comfortable sharing ideas that aren't within their "realm of expertise" but they have more knowledge about than the normal party giver. For example the florist might tell you to request the photographers' best assistant vs the new assistant or that the venue you are considering has an air conditioning problem in the room you've chosen.
3. Make Rational Decisions and Stick with Them
A young bride was debating over her invitations for weeks before she finally made her
choice. It was to be a black tie affair at the most expensive hotel in Houston, and the
invitations had to impart the tone of this once-in-a-lifetime momentous occasion. She
made the decisions, the invitations went to print, and then she called her mother crying.
She had made the "wrong" decision, chosen the "wrong" invitation, and the entire event
was "ruined" if she didn't choose a different invitation. At that point, the only one who
benefited from changing the invitation was the printerwho made double the money.
Think before you place the order. Ask three people's opinions and then make up your mind.
4. Remember that everything is negotiable and flexible. You Have to Ask.
When negotiating:
Be sure and negotiate before signing a contract, read all the fine print, and know how much it will cost if you add things at the last minute or extend the time of the event.
Negotiating is a skill and if you practice this line after you're given the price you'll always save money. Just remember, you may have to walk away from the vendor. They tell you the price and you say, "I'm sorry, you'll have to do better than that". Don't say another word until they speak. Nothing. No matter how long it takes. First one to speak, loses.
Both the client and the professional needs to walk away from negotiating feeling like they've collaborated and gotten the best possible deal, not like they've been beaten up.
Let me know how this works for you.
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4 Secrets to Saving 100s or even 1000s of Dollars When Planning a Party - Guaranteed to Work! Anaheim