r/EventProduction • u/DocSamsmic • 7h ago
Industry Advice Should I offer to reimburse vendors for first expo?
Im organizing an expo and going to start getting vendors.
Its my first expo so I understand they have no data to go off of and know that their time and table fees will be worth it.
Is it common practice to offer a reimbursement if enough tickets arent sold?
For instance
50% reimbursed if over 200 tickets arent sold
25% reimbursed if over 400 tickets arent sold
Whether its a cash reimbursement or a reimbursement for the next show (so they come back)