Demystifying Industry Acronyms: DMO, CVB, DMC- Whats the Difference?

Demys&fyingIndustryAcronyms:What’stheDifference?

Our Panelist

Annette Gregg CMM, MBA

Vice President-Corporate West

AlliedPRA

Unique roles and structure of the CVB/DMO and DMC

Understand the funding models for these unique organizations

How multiple parties can work together cohesively for planner benefit

Our Webinar Roadmap

Industry Acronym Soup

DoIneedaDMO,CVBorDMC?

CVB/DMOs•  ThefirstCVBstarted1896inDetroitwithMiltonCarmichael

•  Today,about4200DMOsgloballywithapproximately1450intheU.S.and54inMexico

•  Missionisthelong-termdevelopmentandmarkeMngofadesMnaMon,focusingonconvenMonsales,tourismmarkeMng,andservices

CVB/DMOsThebestfirstpointofcontacttohelpyoufindtherightfitforanysizemeeMng:

v  ComprehensiveviewofthedesMnaMonv  LocalexperMsev  Extensivein-marketrelaMonships

CVBs/DMOstouchover22.5%oftheroomnightsgeneratedintheirrespecMvedesMnaMons.

$$$$$CVB/DMOs

CVB/DMOs AVendancePromoMon

SiteInspecMonsConferenceServices

LocalContacts&Resources

7ReasonsWhyYouShouldUseaCVB/DMO1.  TapintofreshperspecMve2.  TakeadvantageofexperMseandspecialized

knowledge3.  LeveragebestpracMcesandproven

methodology4.  Applyastrategicapproach5.  UseanalyMcalhorsepower6.  Makethemostofadvocacy7.  SaveMmeandmoney

So,whendoIneedaDMC?WhendoIknowifIneedaDMC?

DMCsTopreasonsforwhyusingaDMCisvaluable:

•  OperaMonalexperMsespecifictothedesMnaMon•  CreaMvity•  OnsitelogisMcal/operaMonalexcellence•  SavesMme

AccordingtoAlliedPRACustomerSurvey

DMCs•  TradiMonalservices-corevalueofusingaDMC:

•  Design/implementaMonofevents•  AcMviMes/tours•  TransportaMon•  Programstaffing

•  Non-tradiMonalservices•  DesMnaMonrecommendaMons•  RegistraMonso`ware•  SurveysandROE

$$$$$

DMCs

www.empowerMINT.com

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