Market Size and Scope - Event Management - ثالث ثانوي

2.1 Market Size and Scope

THE MARKET DEMAND for EVENTS

2.1 Market Size and Scope

What factors can influence the demand for events

2.1 Market Size and Scope

tOnce you have completed this lesson, you should be able to: Explain the challenges involved in measuring the size of the events marke

KEY TERMS Market size

2.1 Market Size and Scope

Challenges Involved in Measuring the Events Market

What data could be used to estimate the size of the wedding market in Saudi Arabia

2.1 Market Size and Scope

The Market Size of Events

2.1 Market Size and Scope

The market demand for weddings could be measured in terms of

However, each of these metrics also has potential drawbacks:

Why might it be difficult to accurately gauge the market size for graduation parties among your classmates

2.1 Market Size and Scope

the statistical data cited above does not really provide an accurate picture of market demand, as

The Scope of Events

2.1 Market Size and Scope

Social media usage—is the event local

Market Research

Why is it important for event managers to understand the size and scope of the events market

2.1 Market Size and Scope

Predicting Attendance Levels

What methods could an event manager use to predict attendance at a major National Day event

2.1 Market Size and Scope

ways an event manager may be able to predict attendance levels

Why is there more than one method of predicting future attendance levels

2.1 Market Size and Scope

Monitoring Size and Scope

2.1 Market Size and Scope

ADVERTISING EFFECTIVENESS

How can an event manager monitor for scope creep

Why Is It Important to Identify Size and Scope

2.1 Market Size and Scope

event planning

Work Breakdown and Feasibility

Risk Management and Lack of Resources

2.1 Market Size and Scope

General Entertainment Authority

Control and Creativity

Which has the largest impact on the size of an event: the time available, the scope required, or the budget provided

2.1 Market Size and Scope

Select the most appropriate answer for each of the following: Which of the following is NOT a usual measure of market demand

Why might an event manager choose a number of KPIs to use throughout the planning process

. Why is it important to split the life cycle of an event into clearly defined stages