MICE Business Strategies Essentials

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About Course

What is this ‘Microlearning Course’ about?

This course will provide participants with insights into sales, marketing and revenue management strategies for the MICE industry and discuss the trends and challenges in the industry.

Who is this course designed for?

Learners who are interested to deepen their knowledge about the MICE industry and/or considering to explore a career in the MICE, Hospitality, Hotel or Venue Owners sectors.

What will you take away?

At the end of this course, you will be able to:

  • Identify the sales process within MICE

  • Discuss marketing strategies that can be used in MICE

  • Examine trends and challenges in the MICE industry

  • Discuss revenue management

  • Identify post-event evaluation methods for MICE events

 

Session:

  1. Before We Begin
  2. First Things First
  3. Planning for MICE Events
  4. Sales Processes in MICE industry
  5. Marketing Strategies for MICE industry
  6. Market Segmentation
  7. Service Marketing
  8. Preparing for a Bid
  9. Event Operations
  10. Revenue Management for MICE Venues
  11. Risk Management
  12. Forecasting Trends for the MICE Industry
  13. Technology in the MICE Industry
  14. Post Event Evaluation
  15. Learning Assessment and Feedback
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What Will You Learn?

  • The MICE industry was worth $805 billion in 2017 and it’s expected to grow to $1.44 trillion by 2025. Despite the pandemic, the industry is expected to pick up as it remains as a profitable and central part of business-related tourism. In this microlearning course, you will gain a broad overview of the industry, from sales, to marketing and lastly, revenue management.

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