managing av budgets and av trends

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A transparent look at how you can save money on your AV budget for your next event. In todays business climate it is a buyers market. Brian Monahan and Shane Williams cover budget saving measures related to venue and facility costs as well as av contracts.

TRANSCRIPT

Page 1: Managing AV Budgets and AV Trends
Page 2: Managing AV Budgets and AV Trends

Managing AV Budgets

&

AV Industry Trends

Page 3: Managing AV Budgets and AV Trends

Shane WilliamsVice President

Senior Project Manager

Brian MonahanDirector of Business Development

Senior Project Manager

Page 4: Managing AV Budgets and AV Trends

AV Budgets & Trends

• AV Cost Savings Related to Venue Contracts

• AV Cost Savings Related with AV Companies

• Equipment

• Labor and Production

• AV Trends

• Equipment

• Techniques

• Internet Sites to Enhance Your Meeting

• Q&A

Page 5: Managing AV Budgets and AV Trends

What happens in Herndon…….

These are insights

that most companies

won’t share!!

Page 6: Managing AV Budgets and AV Trends

Just Released

Page 7: Managing AV Budgets and AV Trends

Just Released

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Page 8: Managing AV Budgets and AV Trends

Free Prototype

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* Only while Shane is speaking* Only while Shane is speaking

Page 9: Managing AV Budgets and AV Trends

Is This You?

Page 10: Managing AV Budgets and AV Trends

AV Rock Star!

Page 11: Managing AV Budgets and AV Trends

AV Budget Areas

• Sound

• Video/Projection

• Lighting

• Set Elements/Staging

• Creative Production

• Facility Costs & Electrical

• Shipping/Travel Costs

• Labor

Page 12: Managing AV Budgets and AV Trends

Venue Contract Myths

• I have to use the in-house AV company

• The in-house has the most expertise

• Outside AV vendor will cost more

• I have to pay the service charge

• The house sound is adequate FALS

E

Page 13: Managing AV Budgets and AV Trends

Does Not Mark the Spot

Page 14: Managing AV Budgets and AV Trends

Unleash Your Inner Negotiator

Page 15: Managing AV Budgets and AV Trends

Venue Related Costs

• Service Charge

• Rigging

• Union Labor

• Electrical

• House Sound

• Miscellaneous

• Borderline Ridiculous

Everything But The Chairs!

Page 16: Managing AV Budgets and AV Trends

Does It Add Up – Service Charge

No Service BO Substitute Equipment Only Equipment and Labor

Breakout Equipment $8,000. x x x

Breakout Labor $2,000 x

General Session Equipment $25,000 x x

General Session Labor $15,000 x

$50,000 $49,600 $56,600 $60,000

20% Service Charge

You Bet it Does…. $10,400

Page 17: Managing AV Budgets and AV Trends

Service Charge – Cost Savings

• Ask for it to be reduced or waived

• Ask for a discount on equipment to offset the service charge

• Hire an outside vendor

• Be sure to read fine print service charge may still apply

• Ask the in-house to waive the service charge if you select them

Page 18: Managing AV Budgets and AV Trends

Rigging– Cost Savings

• Combined Rigging Calls

• Rigging point fees to be waived

• Lift rental included in rigging call

Page 19: Managing AV Budgets and AV Trends

Union Labor – Cost Savings

• Ask for special arrangements

• Choose a non-union facility

Page 20: Managing AV Budgets and AV Trends

Electrical - Cost Savings

• Meeting room power

• 1 time charge per room

Page 21: Managing AV Budgets and AV Trends

House Sound - Cost Savings

• Request podium and mic per breakout complimentary

• Request outside av company tie in to house sound

• Pre-negotiate “patch fees”

• Bring simple sound systems (sometimes costs less)

Page 22: Managing AV Budgets and AV Trends

Hidden Charges

• Dock fees

• Elevator costs

• Carpet protection

• Load in “supervisor” costs (house tech)

Page 23: Managing AV Budgets and AV Trends

Unleash Your Inner Negotiator

Page 24: Managing AV Budgets and AV Trends

AV Companies

• Develop a Relationship

• Acquire Confidence

• Rely on Experience

• Let them do the Research

• This will let you focus on other tasks

Page 25: Managing AV Budgets and AV Trends

Cost Savings – AV Companies

• Multi-year contracts

• Discount request

• Weekly Rates

• Combined Services (AV, Lighting, Creative, Breakouts)

• Logistics (utilize larger rooms for multiple sessions)

• Confirmed Presenter AV Needs (Only order what you need)

Page 26: Managing AV Budgets and AV Trends

Criteria for Choosing AV Company

• Experience

• In reference to the scope of the work

• Equipment Inventory

• Quality and Quantity

• Will they be sub-renting

• Staff

• Quality and Quantity

• Freelance versus employees

• Testimonials/References

Page 27: Managing AV Budgets and AV Trends

Cost Savings Labor & Production

• Load in and Load Out Days (Saves on OT Labor)

• 24 hour holds for general session rooms (minimum)

• Production Schedules/Labor Calls

• On-site crew meals keep crew focused and cuts down on total hours.

• Keeps crew onsite all day

Page 28: Managing AV Budgets and AV Trends

Organization = Savings

• Single Point of Contact

• Will know what to do and how to get it done

• Spreadsheets with Equipment Requests

• Less add-ons means less additional costs

• Agendas & Banquet Event Orders

• Knowing when rooms are needed (avoiding resets)

• Diagrams & Renderings

• Rehearsal Schedules

• Radio/Phone Contact (Instant Communication)

Page 29: Managing AV Budgets and AV Trends

AV Trends

High Definition = Widescreen

Widescreen = High Definition.

Page 30: Managing AV Budgets and AV Trends

AV Trends

16:9 vs. 4:316:9 allows for more information to be

displayed on the screen.

Page 31: Managing AV Budgets and AV Trends

Embedded Video

4x3 Ratio

Standard Definition

Page 32: Managing AV Budgets and AV Trends

LED Lighting

4x3 Ratio

Standard Definition

Page 33: Managing AV Budgets and AV Trends

HD Projection

4x3 Ratio

Standard Definition

Client Logo Covered

Client Logo CoveredClient

Logo CoveredClient

Logo Covered

Page 34: Managing AV Budgets and AV Trends

Fiber Optic Drape

4x3 Ratio

Standard Definition

Page 35: Managing AV Budgets and AV Trends

Virtual Meeting Products

4x3 Ratio

Standard Definition

• Ustream.tv

Page 36: Managing AV Budgets and AV Trends

Virtual Meeting Products

• Slideshare.net

Page 37: Managing AV Budgets and AV Trends

Virtual Meeting Products

• PollEveryWhere.com

• Cell Phone ARS

Page 38: Managing AV Budgets and AV Trends

Re-Cap

• Know Your Key Budget Areas

• Negotiate First, Sign Second

• Unleash Your Inner Negotiator

• A Trusted AV Partner is an Asset

Page 39: Managing AV Budgets and AV Trends

Q&A

?

Page 40: Managing AV Budgets and AV Trends

Shane Williams

[email protected]

513-615-4800 cell

Brian Monahan

[email protected]

513-703-0674 cell