With a tight budget, you can still organise your perfect event! By controlling your finances well and substituting the various resources needed, you can save costs and leave a good first impression. Want to know how? Here are some tips for you to consider:
1. Preplan
By pre-planning your event and getting your resources early enough, you can save costs on unnecessary expenditure such as last-minute booking for venue or logistics. Furthermore, by picking an off-season date, you can get a good bargain with the venue and logistics that are needed.
2. Location
By finding a location that is accessible by most audiences, you can save cost on transportation! For such a location, the participants will be able to arrange their own transportation to the venue. In addition, you can also host an event virtually so that you can save on the location costs. Find out how you can host a virtual event with us at JNR!
3. Digital
Flyers, brochures and post-event surveys are expenditure which you can save by incorporating digitalization. By sending these materials digitally to your clients and audience, you can save on the cost of printing. An alternative to physical marketing collateral would be to use QR codes. It is an effective method that will achieve a similar effect. Furthermore, you can advocate a green event using QR code!
4. Negotiation
One way to organise the event within the budget will be through negotiation. You can always try to negotiate with suppliers by being honest about your budget. Some suppliers might propose more suitable logistics within the budget or even propose alternative ways that could be cheaper. Furthermore, you can always look for package deals and find ways to incorporate them into the event to save money. At JNR, we offer a price-matching scheme for certain items and services, so feel free to let us know if you have any better deals from other vendors!
5. Sponsorship
You can consider looking for sponsors and brand partners to help you cut down on expenditure. Instead of just requesting financial help, you can collaborate with them by allowing them to include their own activities for their own branding. This is a win-win situation as the various activities will still engage your audience and it will not cost you much.
6. Event Planner
Lastly, if you want to save time and effort, you can always engage an event company. An event company has the most services and logistics available in-house to cater to your event. Furthermore, they are able to work around your budget to provide you with even better ideas that are cost-saving! Check out our previous post on Why You Need An Event Planner!
Ultimately, there are many ways you can work around to save costs and bring the best for your audience. The possibilities are endless! If you require any help sticking to your budget, feel free to contact us at enquiry@jnrentertainment.com.sg and we will help you!
