erfps-discover how tactical tips to sourcing smarter not harder

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Online RFP engines have become a meetings industry game changer. Planners no longer have to search multiple sites to find meeting space online, but instead can rely on a variety of online aggregators to do the work for them. This new technology provides planners with more options and increases efficiency during every step of the site selection and sourcing process. However, there two sides to every coin. While planners relish the consolidated sourcing process, the increased demand has hotels searching for a resolution on how to identify the most qualified eRFPs in a sea of potential opportunities. Hotels do want your business, but few can accommodate every meeting or event that expresses an interest. BOTTOM LINE: You have to work smarter to get the results you need! As a planner, how can you get to the top of their list? Ensuring your RFP gets the speedy, thorough response it deserves is all about pre-selecting the best fit for your meeting or event, and providing the right details to help suppliers evaluate the potential value of your business. Discover tactical tips to smarter sourcing: • Better understand the hotel landscape with the advent of the eRFP • What to include in your RFP for better results • Using the right tools and industry resources to help you do research prior to hitting SEND

TRANSCRIPT

Page 1: eRFPs-Discover How Tactical Tips To Sourcing Smarter Not Harder
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Today’s Panelists

Christine “Shimo” Shimasaki, CDME, CMPManaging Director, empowerMINT

Eric EdenVice President of Marketing, Cvent, Inc.

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Today’s Panelists

Frank PassananteRegional Vice President of Sales,Hilton Worldwide

Darren TempleSenior Vice President of Sales and Services, Dallas Convention and Visitors Bureau

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Agenda

Understanding Considerations Hoteliers Face as a Result of the Advent of the eRFP

Introduction

Questions and Discussions

How to Utilize Technology to Send More Qualified RFPs

5 Tips for Delivering Better RFP Results

The Value of Leaning on the Destination Experts

Page 5: eRFPs-Discover How Tactical Tips To Sourcing Smarter Not Harder

Understanding Considerations Hoteliers Face as a Result of the Advent of the eRFP

Frank PassananteRegional Vice President of Sales,

Hilton Worldwide

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Online Aggregators

Fax Private LabelWebsites

Email

Evolution of Planner Behavior

TIME

Phone

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The Growth of eRFPs

Hilton’s Business Opportunities from eRFP Channels is Big and Growing

*Based on RFPs sent through the Cvent Supplier Network

Increase in RFP Volume*

33%

Increase in Unique OrgsSourcing*

32%

More than 40%Of Hilton WW’s Total Leads come through

eRFP channels

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Training & Allocation of Resources

Time Management

Increased Competition

Hotelier Considerations

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Refine Your Search

Keeping Lines of Communication Open is Key

Be Transparent with RFP Details & Outcomes

Tips to Get Priority Attention from Hotels

Page 10: eRFPs-Discover How Tactical Tips To Sourcing Smarter Not Harder

The Value of Leaning on the Destination Experts

Darren TempleSenior Vice President of Sales and Services,

Dallas Convention and Visitors Bureau

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CVBs Are the Best First Point of Contact

To Help Planners Find the Right Fit For Any Size Meeting

Comprehensive View of the Destination

Local Expertise

Extensive In-Market Relationships

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The Growth of eRFPs

*Based on RFPs sent through the Cvent Supplier Network

Increase in RFP Volume*

46%

Increase in Unique OrgsSourcing*

42%

31%Of the Dallas CVB’s 2012 business came from eRFP channels

Dallas, Texas2011 vs. 2012 RFP Growth

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How CVBs Can Help

Knowledge Provider

Time Saver

Connector

Protector

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How to Utilize Technology to Send More Qualified RFPs using empowerMINT

Christine “Shimo” Shimasaki, CDME, CMP

Managing Director, empowerMINT

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Planners – Destinations – Experts

How to Source to CVBs through DMAI’s empowerMINT.com

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Search & Compare

How to Source to CVBs through DMAI’s empowerMINT.com

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Quickly Connect with An Expert

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Quickly Connect with An Expert

Page 19: eRFPs-Discover How Tactical Tips To Sourcing Smarter Not Harder

How to Utilize Technology to Send More Qualified RFPs using Cvent

Eric EdenVice President of Marketing,

Cvent, Inc.

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How to Source to CVBs through the Cvent Supplier Network

Include the Destination Experts

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Include the Destination Experts

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Rely on Industry Resources to do Your Research

From the Supplier Network, planners can view “Meeting Destinations”

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CVB Copy Feature When sending an RFP to a particular metro area

or destination, the planner will be asked if they would like to copy a local destination expert.

If the planner selects the CVB, it will be added to the RFP and any future notifications.

Include the Destination Experts

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5 Tips for Delivering Better RFP Responses

Use Industry Resources to do Your Research

Include the Destination Experts

Refine Your Search

Keep Lines of Communication Open

Be transparent with RFP Details & Outcomes

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CMP Credit

This session has been verified by CIC to qualify for continuing education credit towards the CMP certification.

Participation has earned you .50 Clock Hours (30 min) for CMP-IS Domain: A. Strategic Planning

We will send you an email one week after the webinar with a link to your certificate.

Thank you for participating!

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