- Tuesday, October 16, 2018
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Ladies and Gentlemen, the
best event management company in the Philippines is… (Drumroll please) is
dependent on the judgment of the clients, and is dependent on the categories or
type of events.
Not All Event Management Companies are the same
The
event spectrum is wide. There are event management companies that specialize in
social events like birthdays and weddings, some event management companies in
corporate events, and the others on business events.
Even
in these sub-categories, there are specializations. Take for example the
corporate event organizers; some are well versed in handling auto industry
companies. Others are competent in handling the fashion brands, and the lists
go one.
Specialization is the Key
You cannot be jack-of-all trades.
Any organizers that pretend to claim that they are competent
in all industries and type of events are not telling the truth.
In this industry, specialization is the key. You are
recognized on the basis of the niche where you known and established your
reputation as the leader when it comes to organizing and staging events in a
particular industry.
Therefore, the best question to ask is what industry or type
of events your company can compete to be one of the best or if not the best
event management company in the category you choose.
You are only good as your last performance
You are only good as your last performance. This is the
mantra of most of the event management companies in the Philippines, and the
world.
Who then should be considered the best event management
company in the Philippines?
The answer would be in one moment in time a particular
company is the best event management company in the Philippines.
The recognition can only last for one month or one year.
Complacency and the changing competitive environment allows
for new players to wrestle the title of the Best Event Management Company in
the Philippines.
Yes, this claim to fame is ephemeral.
Different Award Giving Bodies, Different Requirements
Another areas to look for is the different requirements that
associations, institutions and award giving bodies use in determining the Best
Event Management Company in the Philippines, and the world.
It is great to win the award and be recognized. But the
debate continues and will continue.
The Best Event Management Company is a title that is
non-existent. But the Best Event Management Companies in different categories
are existing and accepted by the industry.
Some Requirements in Determining the Best Event Management Companies
The lack of a consistent award giving body for the industry
leaves the debate open.
Still, the Best Event Management Companies in the
Philippines in different categories must possess the following:
1.
Legal
Personality – the age of fly-by-night companies, an event management
company must establish its legal personality;
2. Proof of
Concept – the documented events they implemented;
3. Profitability
– an event can be considered best if it achieves its objectives. Most of the
time, it is the bottom line.
In Conclusion
The Best Event Management Companies in the Philippines are
many, and not reserved to one company.
At the same time, one company cannot claim or announce they
are the best event management company. Event Management Companies claiming the
title must backed it by an award or recognition coming from its peers or an
award giving body.
- Thursday, October 04, 2018
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The much-awaited MICECON 2018
is set this November 27- 29, 2018 at Bacolod City.
MICECON is an event attended
by at least 600 tourism stakeholders coming from airlines, hotels, resorts,
convention centers, travel and tour agencies, event organizer and exhibit
organizer.
The Tourism Promotions Board
(TPB) is the main agency of the Department of Tourism (DOT) that spearheads
MICECON 2018.
Bacolod City is a developing
hub for Meetings, Incentive Travel, Convention and Exhibition (MICE). It will
greatly benefit from hosting MICECON 2018; this big event will give the city an
additional experience of hosting a prestigious and important tourism event of
the country.
The MICECON 2018 program and
line-up of speakers are yet to be announced. But based from past MICECON, the
line-up of speakers and program content are meaningful and important to the
stakeholders.
According to a study, MICE delegates
spend 6x in the country or city where the event they are attending are located.
The MICE industry becomes
more critical to the success of the tourism in the country. Recently, the
Philippine MICE Roadmap was launched.
The Philippine MICE Road Map 2030
The Philippine Association of
Convention, Exhibition Organizer and Suppliers (PACEOS), Board of Investment
(BOI), Tourism Promotions Board (TPB) and Department of Tourism (DOT)
spearheaded the creation of the Philippine MICE Road Map 2030.
- Sunday, September 30, 2018
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This year is sweet but not easy for the event management industry in the Philippines. Although, we still have one quarter
left before we say goodbye to 2018, the trends may not change for this coming
three months.
Several factors contributed to this atmosphere.
Inflation and Instability
The economic outlook of the country is in a
precarious position. This must be addressed or else we will see a drop in the
number of business events that will be implemented.
As we experienced in the past, the high cost of
staging business events are not advisable. Companies are more inclined to find
other means of affordable marketing activities.
The digital space is so attractive that most of
the budget will go there if this rising prices and inflation will go unabated.
Data Privacy and Creative Lead Generation
It is still in its infancy but more education and forums
must be conducted to appreciate the law and allow event management companies to
strategize on how to follow the law, and at the same time, perform two of its
most important tasks – Lead Generation and Client Engagement.
Consumers are wary of sharing their data. The law was
created to protect them. Event management companies that do marketing
activities that solicit data from the clients must create programs that will
prevent abuses and misuse of the data.
More ASEAN Players in the Philippine Market
Competitions are getting stiffer. The increasing number of
business event management companies, travel agencies venturing to event
management, event management freelancers, and the biggest threat, the entry of
ASEAN event management players in the country.
Competition is good. It allows all companies to be on their
toes, and provide better value to the target market. However, local companies
are at the disadvantage, foreign players are bringing a large stash of cash, a
firepower that is hard to compete against.
This difficult situation is aggravated by the government’s
lack of protection, and incentives that will give some fighting chance to local
business event management companies.
In Conclusion
The road to success of the event management companies in the
Philippines is stiff and narrow.
Filipinos always take pride of enduring the hardships and
winning the fight. In this case, the underdog myth is never going to happen. It
will take more than faith to succeed and survive next year.
As our ASEAN neighbors gear up for bigger things next year,
we need to address these three challenges as a country. The synergy of
government and private companies are more than ever needed and critical to
change the course of the industry next year, and in the near future.
- Friday, September 28, 2018
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