• Connecting Speakers with Audiences™

Situations Change. Deposits Shouldn’t.

Situations Change. Deposits Shouldn’t. 670 449 I Need A Speaker

By Tricia Richards-Service

Today I was talking with Sybil Stewart, a speaker, advocate, and TEDx organizer. We were discussing how important it is for speakers to charge a non-refundable deposit when being booked.

Experienced event planners and speakers, we know that situations change. Speaker rosters shift. Budgets shrink. Attendance may not be what was anticipated. And speaking engagements might be canceled as a result. We understand.

We also understand that the speaker had blocked off time which may not be scheduled with another client. In the worst case scenario, the speaker may have already completed the prep work.

As this is a relationship business, it’s important for both parties (speakers and planners) to feel comfortable and valued throughout the process.

Requesting a deposit will recover some of the income speakers may lose if an event is canceled or changed. The benefits go both ways. After a speaker is booked with a non-refundable deposit, that speaker is committed, even if another planner reaches out with a bigger budget. Win-win.

 

 

Photo credit: Image by Canva

    Privacy Preferences

    When you visit our website, it may store information through your browser from specific services, usually in the form of cookies. Here you can change your Privacy preferences. It is worth noting that blocking some types of cookies may impact your experience on our website and the services we are able to offer.

    Click to enable/disable Google Analytics tracking code.
    Click to enable/disable Google Fonts.
    Click to enable/disable Google Maps.
    Click to enable/disable video embeds.
    Our website uses cookies, mainly from 3rd party services. Define your Privacy Preferences and/or agree to our use of cookies.