| Niche
Sectors within Event Planning and Management
Social Market
Corporate
Market
Non-Profits
Public
Organizations
Regional
Events
Finding Event
planning Firms and Companies
Social
Market
Los Angeles Wedding Planner
The social circuit can be an immense source of business for an Event
Planner. While they are typically smaller than corporate events,
there are a number of social events that you can specialize in, such
as weddings, birthday celebrations, bar and bat mitzvahs, reunions,
graduations, and other hospitality events. Commemoration events such
as memorials and civic occasions also fall under this category.
These types of events are usually
one-time affairs, but referrals and word of mouth can help fortify
your reputation and widen your customer base. For example, in the
case of a children’s party, your potential clients include your
current customer for the child’s next birthday, as well as all the
other parents in attendance. Note however, that social event clients
often make strong emotional investments, leading to very high
expectations that you, the Event Manager/Planner, must recognize and
address (e.g. consider how parents want their children’s birthday
parties to be the best).
Corporate Market
PMproductions
The corporate market includes private organizations and businesses,
corporations and political parties. These events are typically
larger, with higher revenue potential, and higher chances of repeat
business.
Corporate events can include
company outings, trade show events and exhibitions, board
member/stockholder meetings, conferences and seminars, product
launches, award dinners, team building events, even fashion shows.
Tasks may include: conducting research, creating an event design,
choosing the venue, making hotel selections and reservations,
organizing transportation, arranging the food, décor and
entertainment, organizing extra curricular activities for event
participants, supervising the site, and conducting evaluations of
the event. Corporate clients also have high expectations in terms of
quality and creativity, as well as flawless execution in terms of
logistics and operations.
Non-Profits
Meetings Expectations
This niche market includes research think tanks, which regularly
host gala fundraisers, receptions, conferences and seminars,
primarily to expand their public and donor base. While non-profits
may have fewer high-revenue projects lined up for Event Planners,
their events are generally considered good training ground for
aspiring Event Planners.
Public Organizations
Crystal Art USA
The government can be a productive source of projects for an Event
Planner. Events typically range from high-profile international
meetings, to conferences and award ceremonies.
Regional Events
Destination Kohler
Some Event Planners prefer to specialize in a particular area,
instead of a single event type. Destination Planners are the “go-to”
professionals for specific destinations. For example, you could be a
Destination Planner for locations in the Caribbean. Their business
can involve the design and implementations of any type of program
including corporate events, transportation, theme parties, or any
other type of event the client may require. Destination Planners
have the opportunity to present themselves as experts by virtue of
their extensive knowledge and contacts in a particular area. They
know all there is to know about local venues, as well as how to
showcase the true spirit of their specific geographic area(s).
Finding
Event Planning Firms and Companies
Search engines such as Google and Yahoo are a very efficient way
to search for firms and companies that offer event planning
services. You can also log on to
alltimefavorites, which is one of many databases that allow you
to browse event planning companies in the United States by state.
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