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SP
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Supply Network Guru
Finding Value in a $200 Pot of Coffee
SP   5/6/2011 4:21:50 PM
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I am not sure if I understood the title of the story correctly. EDS in Las Vegas, good fun with learning, not sure how many people would go to attend EDS or to play in casinos of LasVegas :-)

eemom
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Supply Network Guru
Re: Finding Value in a $200 Pot of Coffee
eemom   5/6/2011 5:39:50 PM
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I used to work for a company that attended EDS religiously.  We not only found value in bringing our marketing, sales and management teams together, the most value add was in the ability to schedule multi-level management meetings to pitch products, partnerships or just ideas.  The event is indeed excellent for networking and meeting people that you would otherwise only know by voice.

Have fun at the event.

Wale Bakare
User Rank
Supply Network Guru
Re: Finding Value in a $200 Pot of Coffee
Wale Bakare   5/7/2011 8:39:25 AM
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This is nice event to attend anyway.  Converging some or all players in electronic components together - I think socialising in Las Vegas will bring more fun-filled to attendees, sponsors and organisers of EDS. An added spice to electronic components distribution channel.

Eldredge
User Rank
Supply Network Guru
Coffee
Eldredge   5/6/2011 9:52:08 PM
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And I thought Starbucks was expensive.

Nemos
User Rank
Supply Network Guru
insane!!!
Nemos   5/7/2011 4:15:40 PM
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If I understand well,  they serve coffee and toast  for 200 dollars and 30 dollars each !!!!!!! insane. I always have a positive opinion about exhibitions because they inform and give to the customers new ideas and products. However, it is not a proper marketing way to earn the exhibition costs giving a coffee 200$.

pocharle
User Rank
Supply Network Guru
Re: insane!!!
pocharle   5/7/2011 5:09:34 PM
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Hey, if people are willing to pay that price, it is a wise move to sell it for that much...

tech4people
User Rank
Supply Network Guru
Re: insane!!!
tech4people   5/8/2011 10:00:41 AM
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Nemos,

The $200 Coffee is served in Suites(my feeling is this is the High-End Suite suitable for mainly for High Level Execs).For them the Company pays the Tab for everything and anything they do at these Exhibitions...[Its quite normal don't worry about it].

So obviously they really don't care about what the Coffee costs.

Its a different matter for Company Shareholders who have to at the end of the day really foot the bill for these "expenses".

It would be really interesting to ask Carla if she cared about what the Coffee in her suite cost last year or before that when she was working (as A High Level Exec) for all those major Electronics manufacturers.

My bet is she did'nt care.Now that shes an Entreprenuer she has to worry about overheads(including 200 Dollar Coffees...)

Regards

Ashish.

tech4people
User Rank
Supply Network Guru
The Real key about Exhibitions...
tech4people   5/8/2011 10:08:32 AM
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Carla,

You mention the real key behind Exhibitions here,

"

Networking is one such element and the one for which I personally find EDS to be incredibly effective

EDS has been marketing the 2011 show as “getting back to the fundamental purpose of the event -- bringing manufacturers, distributors and reps together to make strong connections.


"

Networking and Connections are absolutely essential and are the major quality that drives Exhibtions.The more time attendees spend doing this the more value they can generate from Exhibhitions including Overpriced Coffees!!!

Regards

Ashish.

Carla Mahrt
User Rank
Blogger
Re: The Real key about Exhibitions...
Carla Mahrt   5/9/2011 8:00:41 AM
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Thanks for the comments everyone.  Ashish is correct on all 3 counts:  1) the coffee is provided by the Exhibitors (if they request it) in their suites or show floor, generally attendees enjoy it for free  2) the Networking is the key to the show, also the convenience of many people being in one location at once vs the cost to travel around the country/world and 3) although I did care what coffee cost in the suites last year, this year, as a new business owner/entreprenuer, it is certainly more painful!

Ariella
User Rank
Supply Network Guru
Re: The Real key about Exhibitions...
Ariella   5/9/2011 11:00:46 AM
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On the cost of coffee: I've heard that Vegas operates on a system in which people are encouraged to come into where the gambling is and that the drinks are cheaper in there. They know if people stay in their rooms, they will not be enticed to play the games at which the house really makes its money, so they will try to make up their own losses in jacking up the price of room service. To really test the theory, though, someone would have to come up with comparable price list for the hotel.

TaimoorZ
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Supply Network Guru
Re: The Real key about Exhibitions...
TaimoorZ   5/9/2011 1:39:02 PM
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@Ariella, That's an interesting technique to raise revenue what they are doing in Vegas.

As far as $200 coffee is concerned, I feel if the expenditure might be justified if the company is able to reap the benefits out of their participation by getting big potential clients or getting into contact with valuable human resources.

tech4people
User Rank
Supply Network Guru
Re: The Real key about Exhibitions...
tech4people   5/10/2011 7:04:15 AM
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Ariella,

I am a big-big Fan of the Show-"Las Vegas" and not once have I heard about this price disparity on it....[That does'nt mean everything on the show is an accurate representation of life in Vegas!!!]

But parts of what you say would'nt exactly surprise me.I mean is'nt it a known fact that Casinos make money only when People Gamble?

I guess its time to put your theory to the test then???

Regards

Ashish.

 

Ariella
User Rank
Supply Network Guru
Re: The Real key about Exhibitions...
Ariella   5/10/2011 10:59:17 AM
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Ashish, you can take a trip to Vegas in the name of research. Personally, though, I have no intention of visiting there.

Toms
User Rank
Blogger
Re: The Real key about Exhibitions...
Toms   5/10/2011 3:48:06 AM
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1 saves

    Networkings at a conference uncover opportunities that are starting to bubble, but have yet to break the surface. One of my favorite places to do this is at industry conferences and large seminars. The benefits from networking in a conference environment are immense such as meeting new people who can give you new research, product, or information leads that will open up new possibilities for me, so it pays to keep my mind focused on these rather than worrying about putting a foot wrong.

    Not only getting a chance to hear about new trends and breakthrough ideas that can help in our business or career, but also get a chance to meet other folks who are highly interested in the same thing and willing to make the investment to attend.


Tvotapka
User Rank
Stock Keeper
Re: The Real key about Exhibitions...
Tvotapka   5/10/2011 2:23:05 PM
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I used to cover EDS in Vegas. I can see your point about prices. This event was tradtionally a major networking event that was broken into two segments: the suite meetings and the show floor. All I know is the best place to see everyone was by pre-appointment or by being visible right in the lobby itself...not too far from the coffee shop behind the tables.

Ms. Daisy
User Rank
Supply Network Guru
Re: The Real key about Exhibitions...
Ms. Daisy   5/10/2011 6:54:27 PM
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The pricy coffee is part of the Las Vegas attraction. The real purpose of the EDS Show was attained with all that is listed below . Yes, it will be painful for new business owners and talents seeking new shores, but what you can gain from networking may be a pain reliever or even a major breakthrough.

Its all worth it!

Jay_Bond
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Supply Network Guru
Re:
Jay_Bond   5/9/2011 7:28:31 AM
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With many people out of work or looking for a long overdue change, finding the talent to fulfill your client’s needs shouldn't be too hard. Large conferences like EDS should give you access to not only potential clients looking for talent, but also talented people that are looking at joining some of your possible clients. Good luck with your venture.

Barbara Jorgensen
User Rank
Blogger
Coffee, Vegas and EDS
Barbara Jorgensen   5/11/2011 9:23:19 AM
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I was smiling the whole time I read this post. For those of us who have attended EDS for so many years, it's great to see a perspective from the "other side of the badge." There's a point at which a cup of coffee is priceless!

Ariella
User Rank
Supply Network Guru
Re: Coffee, Vegas and EDS
Ariella   5/11/2011 9:45:22 AM
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It seems to come pretty close to that Barbara, but we would have to know if the pot holds 8 cups or more. If it holds 8 cups, it would be $25 per cup.  Compared to that Starbucks is a real bargain!

elctrnx_lyf
User Rank
Supply Network Guru
EDS and ECIA
elctrnx_lyf   5/20/2011 1:13:21 PM
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It is good to know that the show will be hosted by ECIA which is a consolidation od the two different organizations. Definitely this will keep things simple since only one sponser is doing this. I also wish you are able to find the right candidates for the clients at the show.





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