Professional Documents
Culture Documents
Y2S1-EVM-IEI 1
Your IEI Report Question
• Using the PESTLE framework, analyse the macro
environmental factors affecting the selected event sector.
Illustrate your answer with reference to relevant factors and
specific events where appropriate.
Y2S1-EVM-IEI 2
• Due date: Nov 10, 2023
• Not exceeding 1,500 words (excluding the reference list and
appendices).
• Should be submitted to itslearning
Y2S1-EVM-IEI 3
Learning Outcomes
SLO Events for Business
Y2S1-EVM-IEI 4
Reading List
Y2S1-EVM-IEI 5
Experience–oriented Economy
Y2S1-EVM-IEI 6
Video of ‘Ideal Home Show at Christmas’
2013
Y2S1-EVM-IEI 7
Ideal Home Show, Shanghai
Dec 14-17 , 2017
Shanghai World Expo Exhibition and Convention Center
Y2S1-EVM-IEI 8
Customers are ‘experience hungry’
• Events are regarded as the perfect tool for delivering
the brand experience and inspiring customer loyalty.
Y2S1-EVM-IEI 9
World Cafe Expo, Shanghai
Y2S1-EVM-IEI 10
Corporate Events
• Significant revenue earners not just in the events sector, but also
within the global economy as a whole.
Y2S1-EVM-IEI 11
Figure 1.2 The value of Britain’s events industry
by sector
Source: Adapted from Britain for Events Report 2010
17-18_Y2S1-EVM-IEI 12
Corporate Event Objectives
Multiple aims
• Creating added value to the businesses and
individuals that are involved in their delivery (both
participants and event providers)
• Macroeconomic level – support the growth and
development of business tourism – boosting the local
and national income
• International profile of a particular destination
Y2S1-EVM-IEI 13
Categories of Corporate Events
Internal External Both internal and
external
Incentive travel Product launches Corporate hospitality
and entertainment
Y2S1-EVM-IEI 14
Watch Cricket in a Corporate Suite
Y2S1-EVM-IEI 15
MICE (Included in Corporate Events)
• M: meetings
• I: incentive travel
• C: conferences or convention
• E: exhibitions
Y2S1-EVM-IEI 16
UK ranked as no.3 (ICCA)
ICCA country rankings measured by ICCA country rankings measured by
number of meetings organised in 2012 number of meetings organised in 2016
https://www.iccaworld.org/
A website where you can find knowledge and information about MICE industry
Y2S1-EVM-IEI 18
Conferences and Meetings
Y2S1-EVM-IEI 19
Meetings Conferences
• ‘A gathering for business, • According to the ICCA
educational or social purposes’ (International Congress and
(Fenich, 2008, p. 9) Convention Association), a
conference is ‘a participatory
meeting designed for discussion,
fact-finding, problem solving
and consultation, with a specific
objective in mind’ (ICCA 2010)
Y2S1-EVM-IEI 20
Key Components of Meetings and
Conferences
Y2S1-EVM-IEI 21
Conference Venues
Y2S1-EVM-IEI 22
Characteristics of Meetings
• Less formal gathering
• Still an important component of the corporate event industry
• Held off-site, with a chairperson and a specific agenda
• Focused on a very specific issue
• Attendees from various organizations
• Share similar business interests
• Smaller scale than conferences
• More opportunity for each attendee to contribute to the agenda, debate
or discussion
Y2S1-EVM-IEI 23
Annual Meeting of Shareholders
Y2S1-EVM-IEI 24
Characteristics of Conferences
• Vary in size, length and content • Professionally organized
• Focus on one particular topic • Predominantly fee-charged
• Discussed during a plenary • With a published program of
session of keynotes speakers and activities
presentations and panel • Supported by sponsors
discussion
• Either one-off event or held
• Accompanied by breakout periodically
sessions and workshops
Y2S1-EVM-IEI 25
World Internet Conference
Y2S1-EVM-IEI 26
Video about WIC
• What is making Wuzhen a
location for this conference?
Wuzhen
Y2S1-EVM-IEI 27
A link to China Joy News Report
• China Joy Conference
Y2S1-EVM-IEI 28
WAIC-
Elon Musk and Jack Ma' Talk in 2019
Y2S1-EVM-IEI 29
Key Trends for Meetings and Conferences
Y2S1-EVM-IEI 30
‘CMP’ example: Kerry Dome
Y2S1-EVM-IEI 31
MICE destination in China
Y2S1-EVM-IEI 32
Kempinski, Sanya
Y2S1-EVM-IEI 33
• Has announced and
promoted its Airbnb for
Business and Business
Travel Ready
programmes
Y2S1-EVM-IEI 34
‘a global management tool that uses an exceptional
travel experience to motivate and/or recognize
participants for increased levels of performance in
Incentive travel – VALUE TO
support of organizational goals.’
Y2S1-EVM-IEI 35
Travel
-- The most effective motivator
Y2S1-EVM-IEI 36
Design of Incentives
Y2S1-EVM-IEI 37
Definition of Incentive Travel
• Covers a wide range of events, including trips and travel, training,
away-days and team-building.
• The incentives branch of the events industry has long been seen as a
particularly lucrative (Bowdin et al. 2011),
Y2S1-EVM-IEI 38
Key Issues of Incentive Travel
• Economic issues
Y2S1-EVM-IEI 39
Which destination for incentives?
Y2S1-EVM-IEI 40
Destination Trend
Y2S1-EVM-IEI 41
Average per-person incentive spending
2008-2016
Y2S1-EVM-IEI 42
Top 10 Business Markets for the UK
2016 Market
2016 Market Spend (£m) % Share
Visits (000) %Share
1. Poland 872 9% 1. USA £1,035 19%
2. Germany 860 9% 2. Switzerland £378 7%
3. France 841 9% 3. Germany£357 7%
4. USA 688 7% 4. Irish Republic £349 6%
5. Netherlands 658 7% 5. France £313 6%
6. Irish Republic 649 7% 6. Netherlands £222 4%
7. Romania 519 6% 7. India £211 4%
8. Spain 476 5% 8. Spain £184 3%
9. Australia £142 3%
9. Italy 365 4%
10. Italy £139 3%
10. Belgium 288 3%
Y2S1-EVM-IEI 43
Trends in Incentives
• Winners select the time and sometimes even the location of their
reward
• Turning reward into a private holiday with partner and/or family – 5%
of incentives
• In line with the organisation’s CSR policy
• UK organisations use domestic venues such as country houses rather
than going abroad
• Unique venues are preferred
• USA remains the largest national buyer of incentive travel – 50% of
the overseas market
Y2S1-EVM-IEI 44
Discussion
• Work in pair, design incentive travel for the following teams:
Y2S1-EVM-IEI 45
MICE (Included in Corporate Events)
• M: meetings
• I: incentive travel
• C: conferences or convention
• E: exhibitions
Y2S1-EVM-IEI 46
Comic Con, SanDiego Convention Centre
Y2S1-EVM-IEI 47
SHCC
Y2S1-EVM-IEI 48
Definition of Exhibitions
• “An exhibition is an organised presentation and display of a
selection of items”. Davidson (2003).
Y2S1-EVM-IEI 49
Value: £11.0 billion
Exhibitions
• ‘… a presentation of products or services to an invited
audience with the object of inducing a sale or informing the
visitor. It is a form of three dimensional advertising where, in
many instances, the product can be seen, handled, assessed by
demonstration and in some cases even smelt and tasted.’
(Exhibition Liaison Council, 1995)
Y2S1-EVM-IEI 50
Exhibition Centres in Shanghai
Y2S1-EVM-IEI 51
Trade Exhibitions in SNIEC
Marintec China
World of Concrete , Asia
Y2S1-EVM-IEI 52
Trade Fairs in NECC
CMEF (Medical Equipment Fair)
Y2S1-EVM-IEI 53
Characteristics of Exhibitions
Y2S1-EVM-IEI 54
Hybrid Shows
Y2S1-EVM-IEI 55
‘Confex’
• Used to describe a
conference and an
exhibition taking place
simultaneously at the
same venue.
Y2S1-EVM-IEI 56
Key Issues of Exhibitions
• Staging an exhibition is a very complex events management skill.
• Deal with from 100 to 3000 exhibitors, sponsors, caterers, venue, client, audio-
visual providers
Y2S1-EVM-IEI 57
Legal Factors
Exhibition event managers need to comply with a
number of regulations, laws, permits and licenses.
Y2S1-EVM-IEI 58
Events - considerations
Y2S1-EVM-IEI 59
When to hold Corporate Events?
Y2S1-EVM-IEI 60
Where to hold MICE?
Y2S1-EVM-IEI 61
Comparison/Justification
Y2S1-EVM-IEI 62
Summary
• Definition and characteristics of MICE
• Key issues and trends of MICE (Read 2023 IBTM report)
e.g. What are typical changes in association conference and incentive
travel from the report?
• Key operators of MICE
• Emphasis of experiential marketing within MICE
Y2S1-EVM-IEI 63
Extra Talk on Oct 20th – 1:30-3:20pm;
T602
• Session One
-- Emphasise the report requirement
-- Q&A
-- Reading activity (Check week 5 reading on Moodle)
• Session Two
Research on conference examples via https://10times.com/ or other
sources
Y2S1-EVM-IEI 64
Session One: Reading about MICE – Preview of
Week 5 Lecture
• IBTM’s Trends watching brief – 15 minutes for reading
-- What is the model applied by ICCA? What can delegates enjoy from this design?
-- What are the benefits for other stakeholder groups of association conferences?
-- What is the most popular subject in conferences based on ICCA survey?
Y2S1-EVM-IEI 65
Session two – Conference Research
• https://10times.com/ (Use this website to research on diverse
conferences in different countries)