ePly System Tips
ePly Newsletter
Past Newsletters
Downloads
Related Links
Selling Tools
Offline Registration Cost Estimator
Computer Tips
|
 |
PAST NEWSLETTERS
5 Reasons Not To Extend Your Early Bird
Pricing Period
A lot of events incorporate early bird pricing to encourage
people to register early and it usually works. In
some cases an Event Planner may extend an early bird
period after registration has started, but after
a recent experience I think that this strategy should
be avoided.
Here's why.
This past fall, I was considering attending a conference,
but kept putting off looking into the details, checking
into flights and hotels and making a decision. I knew
that the early bird pricing ended December 10th, so
I set a reminder for myself to make a decision by that
date.
The morning of the deadline, just as I was about
to finally look into the details and decide whether
to register or not, I received an email stating that
the early bird deadline had been extended until January
15th.
I immediately re-scheduled my reminder to register
and was happy that I could hold onto my money for another
month and wait to see a better opportunity arose.
I understand the organizers of this event were trying
to encourage more people to register, however, I now
realize the problems an Early-Bird extension can cause.
Consider these problems:
- Delayed registrations and revenue from fence
sitters - If you allow a reasonable amount of
time for people to take advantage of your early
bird pricing anyone who is serious about attending
will register. If people are undecided or putting
off the decision as I was, extending the period
just gives more time to delay.
- Lost registrants to competing events or other
commitments – The longer someone waits to register
for your event the more likely they will make other
commitments and be unable to attend your event.
Get people registered early so they will schedule
other things around your event rather than at the
same time.
- Gives the impression that your event is struggling
– When I found out that the early bird period for
this recent event was extended, I concluded that
they must be getting less registrations than expected
and needed to offer another incentive. This thinking
made me sceptical about registering since there
might be less networking opportunities, cancelled
workshops and other changes as a result of less
revenue.
- Frustrate people that registered before the
early-bird deadline – If people registered and
paid their money early only to find out that the
procrastinators will get the same deal they did,
you could get some complaints or leave a bad impression
in their minds.
- Set a precedent that waiting until the last
minute pays off – People will remember what
happened with registration for a previous event
and if you are known for extending early bird deadlines,
it will become harder for you to get people to take
immediate action when you send out your marketing
materials.
Since we believe that extending early bird deadlines
isn’t a good way to get more registrations, we’ve come
up with a list of our recommended alternatives for the
March newsletter. If you have comments about this article
or want a sneak-peak at our ideas, please
contact us.
Back to Article List
|
|