Is Splitting the Fee and Leads with My AD a Good Idea?

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Discussion Overview

The thread centers around a participant's experience considering whether to split the fee and leads for an upcoming expo with their advisor (AD). Participants share their thoughts on the financial implications and logistical aspects of sharing a booth at a bridal event.

Discussion Character

  • Anecdotal

Main Points Raised

  • One participant, identifying as a consultant, expresses excitement about their first expo and discusses the offer from their AD to split the fee and leads.
  • Another participant mentions the importance of managing contact follow-ups, especially with a large number of potential leads, and shares their experience of a similar event with a higher booth cost.
  • Several users mention the benefits of having multiple people at the booth to engage with attendees effectively.
  • One participant shares a link to a resource they believe could enhance success at booths.
  • Another participant notes that the cost of the expo is significantly lower compared to other local events.
  • One participant shares their experience of working at various bridal fairs and emphasizes the value of having assistance during fast-paced events.

Areas of Agreement / Disagreement

Views differ on whether to split the fee and leads, with some participants suggesting it is beneficial to have support, while others focus on the financial aspects of the arrangement.

Contextual Notes

The discussion reflects personal experiences related to participating in bridal fairs and the dynamics of sharing responsibilities and leads at such events.

Who May Find This Useful

Consultants considering participation in expos or bridal fairs, particularly those new to such events, may find the shared experiences relevant.

loreo
Messages
474
I just signed up for a big expo in our area. I have never done one before and I am very excited. I called my AD before signing up and asked her if the fee ($150) was reasonable. She said yes and then offered to split it with me. After talking a few minutes ( I think she sensed my hesitancy) she said that she shouldn't have "pushed" hersself on me and then gave me some supporters.

I have a very good relationship with my AD and wouldn't mind working with her. I just want to make sure that this a financially savy situation for me. The event organizer is expecting close to 1000 people (based on last years stats) approx 200 of them being brides. It runs for 4 hours and is located in a brand new sporting complex ( working on drawing in the grooms too) They have a $10,000 adverising budget, so word is going to get out. They are giving every vendor a list of brides and grooms.

Those of you who have done a booth before- does this situation sound like one where I would need help? Financially would you split it in half and split the leads?

One thing to note- she has a lot more stuff than I do so with her help we could showcase more.

What do you think?
 
Think of it this way, if you get roughly 200 contacts, can you or how long will it take you to contact them ALL in a timely manner. Especially since they are giving you a contact list! That is the hardest part, getting all of the contact info. 4 of us are doing a bridal event here with about 500 brides. $150 is GREAT price. We are paying $310 for a 10x10 booth.We will also hand out drawing slips that are coded for each of us with a stamp, so that the ones we make personal contact with stay with us. The rest we will just split.Good luck!
 
  • Thread starter
  • #3
We will also hand out drawing slips that are coded for each of us with a stamp, so that the ones we make personal contact with stay with us. The rest we will just split.

Good idea. Thanks for your input.

Lori
 
you need to check out kickbuttbooths.com and order it...its worth the money if you want to be successful at booths and get your moneys worth
 
The Bridal Fair in my area costs $425 for 5 hours so $150 is a killer deal!
 
BBalmer said:
you need to check out kickbuttbooths.com and order it...its worth the money if you want to be successful at booths and get your moneys worth


Thanks for the link. I can't afford her CD set :eek:, even if it is worth it- I've already invested money into Tammy Stanley's set. But I did sign up for her free E-Course. http://www.kickbuttbooths.com/ecourse
 
Loreo, if this is your first event I would definitely recommend splitting it with your AD. Bridal fairs especially one only 4 hours are fast paced and people seem to travel in packs. I've worked a few before some HUGE and some smaller, like the one you're working. And I have appreciated having at least 1 other person with me so each person who approached the booth got attention. That's just my 2 cents. Good luck!! That is an awesome opportunity!!
 
Last edited:
Chef Kearns said:
Bobbi, if this is your first event I would definitely recommend splitting it with your AD. Bridal fairs especially one only 4 hours are fast paced and people seem to travel in packs. I've worked a few before some HUGE and some smaller, like the one you're working. And I have appreciated having at least 1 other person with me so each person who approached the booth got attention. That's just my 2 cents. Good luck!! That is an awesome opportunity!!

I'm not the one doing the bridal- Loreo is- but I'm sure she knows you are talking to her. :)

I was just posting about the KickButt link....
 

Frequently Asked Questions

Is splitting the fee and leads with my AD a good idea?

Splitting the fee and leads with your AD can be beneficial as it allows you to share costs and increase your reach. However, it's essential to ensure that both parties are aligned in their goals and strategies to maximize the benefits.

What are the potential benefits of splitting fees and leads?

By splitting fees and leads, you can reduce your financial burden while gaining access to a broader network. This collaboration can lead to increased sales opportunities and shared resources, which can enhance your overall business performance.

Are there any risks involved in splitting fees and leads?

Yes, there are risks involved, such as potential disagreements on how to manage leads or share profits. It's crucial to have clear communication and set expectations upfront to mitigate these risks and ensure a smooth partnership.

How can I ensure a successful partnership when splitting fees and leads?

To ensure a successful partnership, establish clear terms regarding the division of fees and leads. Regular communication and setting mutual goals can help maintain a positive working relationship and ensure both parties benefit from the arrangement.

What should I consider before deciding to split fees and leads?

Consider your business goals, the compatibility of your AD's approach with yours, and the potential impact on your customer relationships. Assess whether the partnership aligns with your long-term strategy and if both parties are committed to making it work.

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