There’s no doubt the meetings industry has been hammered for the past two years. But it is slowly showing signs of life. It’s not as easy as just saying that everything will go virtual forever. Nothing beats face to face meetings! But regardless of whether the meeting is face to face or virtual or a hybrid, the speaking industry has changed.

Meetings industry forecast for 2022

Here are some expectations from Northstar Meetings Group and AmEx Global on the meetings industry forecast for 2022:

When will face to face meetings return to pre-pandemic levels?

Some meeting professionals think we will get back to that level in a year or two and some think it will take until 2025. One thing is for sure, it will still be rocky and uneven. I’ve personally spoken at several in person events in the past year, but have had twice as many cancelled or postponed. The AmEx Global survey anticipates that 81% of all meetings in 2022 will have an in person component to them. 42% in person, 39% hybrid, and 19% virtual only.

Meetings industry forecast for 2022 – costs

Let’s face it, the cost of everything is going up! Meeting planners in North America are expecting at least an 11% increase next year. Unfortunately this doesn’t necessarily mean that speakers are going to be paid more. Budgets are still tight, though most are increasing. Having your own sponsors will help put you in a better position to get paid more. Make that a part of your negotiations.

Meetings industry forecast for 2022 – space

If you’ve been out speaking you have noticed that meeting room space is bigger to accommodate more social distancing. Attendee size is smaller, but the room space is bigger. That is a determining factor in where a meeting will be booked. Also, whether or not they are able to host a hybrid event.

The AmEx Global forecast states:

“The number of attendees at in-person events is expected to increase for every meeting type, by 3.5% to 4.3%. The number of attendees at virtual and hybrid events is also expected to increase across the board, although by a smaller percentage – by 2.8% to 3.4%.”

What do you predict for the meetings industry in 2022?

I haven’t posted a whole lot lately. Because frankly, the speaking industry in 2020 sucked! Sure, there are speakers who are still working, and even some who are making decent money right now. There were people who made a fortune during the Great Depression. But most people were just barely scraping by. Most of the best speakers I know are not working. Obviously, Covid has put a huge damper on the live event industry in general and speakers are having a hard time right now.

Speakers are having a hard time right now

Many people will tell you that everything is simply going virtual for now and in the future. But this is a simple explanation that I’ve found is not true. Many people will tell you that the speaking industry is booming and the best it’s ever been. Also, not true. After interviewing hundreds of planners and others involved in the speaking industry, I’ve discovered that there is no one reason why speakers are having a hard time right now. It’s a deeper issue. Here are some of the things they’ve told me:

Live events up in the air

With Covid still hanging over us and variants popping up, meeting planners are hesitant to book a live event. Where they used to plan 6 months to a year in advance, now committee meetings are being put on hold. That’s just to discuss the dates and locations. Attendees are hesitant to make reservations, and the meeting planners need to have a certain number of attendees just to put on the event. Some are ready to travel and go to a live event and some aren’t.

Can’t you just go virtual?

So, if everything is so tentative, why not just go virtual? Zoom fatigue is real! Maybe in the beginning it was a necessary novelty, but not everyone wants to pay good money to watch speakers on a Zoom call. It doesn’t matter how interesting they are. Sure, conferences can charge less because it’s online, but then they also want to pay speakers less also. And, because watching speakers online is tiring, they tend to spread the conferences out for several days or even longer. I just attended a conference myself that went on every day for 2 weeks. The information was incredible. The speakers were interesting. I still couldn’t handle it for more than 15 minutes at a time. I can’t tell you the number of classes and webinars I have sitting in the que that I haven’t gotten to yet. Many people are simply Zoomed out.

So, the idea that we are only going to be speaking virtually from now on is not true. What could be true is that conferences will have other options besides just live events. They’ve been doing a combination of live and streaming for a while now. I remember several years ago speaking to a group of scientists in New York, but they wanted to have their employees in Denmark see it. So it was also live-streamed to them.

But make no doubt about it, there is a lot of pent-up demand for travel. Speakers and others who work in the live event industry do it for a reason. They are social people who like to travel and meet new people. Otherwise they would have a desk job. The speaking industry is not going to remain virtual forever.

Discontinued conference

A number of conferences are folding completely. Not all of this is due to Covid. Some have mentioned that their attendance was dwindling even before. Since this is a sponsorship site, I’ll mention that sponsorship is dependent on ears and eyeballs in the audience. The fewer people you have in the audience, the less you will be able to attract a sponsor. Or the less that sponsor will be willing to pay. At some point conferences have just decided to cancel for now. That means no jobs for speakers.

Mergers

Some conferences have decided, even before Covid, that they need to partner with their competition in order to have enough attendees to make it worthwhile. I spoke at one of those a few years ago. Several competitors just got together and had one big conference. They split the expenses and marketing. With 3 of them it was a pretty decent crowd. But, this also means they need fewer speakers. One more reason speakers are having a hard time right now.

Using industry speakers only

Part of this has to do with budget cuts, but this trend has been going on for a while now. Some conferences simply don’t hire outside speakers. And even ones that have in the past are turning to industry speakers this time around. I’ve even heard from sponsors that they want their own people to speak. Nothing you can do about that. But that doesn’t mean they are good speakers. It means they are footing the bill. And money talks. That’s why you need to find sponsors who are not looking to speak and would love to sponsor you to do that for them.

Carried over speakers from 2020

Since so many conferences were cancelled in 2020, most who had hired speakers simply rolled them over to 2021. Now if they don’t have the conference in 2021, that rolls them over to 2022. This means that fewer speakers have opportunities right now. That’s not going to last forever, and things will go back to some normalcy fairly soon.

Budget cuts

It sucks that we were finally at a point where meeting planner budgets were increasing. But, that has taken a nosedive. If you’ve been a speaker for any length of time you know that economies wax and wane all the time. I’m being told that even the budgets for big sponsors has gone down. But I’ve always made sure to line up more than one sponsor anyway. About half of all speaking jobs out there, even before Covid, are free ones. If you are able to come in with a sponsor for a free job you have a much, much better chance of getting that job and getting paid. Meeting planners need good speakers. But if they can’t pay for them, the next best thing is getting a free speaker with their own sponsor. This is how I’ve managed to make money for years as a speaker, even when the economy was bad. There are always ways to work around the free speaking thing by using sponsorship and multiple streams of speaker income. When times are tough you can prosper when everyone else is running around clucking like a chicken. This is how clever entrepreneurs became successful during the Depression. I hate to use the hack terminology of pivot, but that’s what you have to do.

Speaking industry goes in cycles

But it’s not all bad news. Everything in the speaking industry goes in cycles. Yes, speakers are having a hard time right now. But that will change.

This is a time for you to step back and figure out where you fit in in the speaking industry. Figure out other ways to make a living at it. Figure out if you are still really committed to it. And if you are, commit to learning, growing, and being the best speaker you can be. So that when things turn around (and they will), you will be ready.

Aristotle once said “Man is, by nature, a social animal”. Humans are most comfortable when we’re connected and sharing our emotions. When we’re face to face we’re able to match each others emotions instantly, without even realizing we’re doing it. That is something you can’t completely get on a Zoom call.

Digital Meetings

In a survey from the Professional Convention Management Association, 62% of meeting planners said they did not feel that digital meetings would cannibalize live meetings and events, but would exist with them side by side.

I was just reading over a post I published in January regarding the insight of live meetings and events in 2020. It said that 70% of meeting planners had a very positive feeling about the state of meetings in 2020. What a difference 3 months makes!

That goes to show that you simply can’t predict the future based on statistics and surveys. Because the future will always change, and life is very unpredictable.

Speaker Consultant

I’ve been hearing about speakers doing their speeches through online videos, which is great. But a faster and easier way to make money right now is with consulting. Companies may be hunkered down with their employees working from home, but they still need outside help, maybe even more right now.

I remember my mother worked as a consultant for a tech company when I was a kid. She would find a quiet spot in the house with a “Do Not Disturb” sign on the door and schedule a couple of consulting calls. Since she was also a writer, sometimes she would even write booklets for them on her topic, which she sold in volume.

Speaker consultant contracts

One advantage of being a consultant over being a live speaker is that you usually get more work out of it. With a live event, you do a speech and then it’s over. Consulting contracts are usually longer and more intensive. Once things settle down and events are booming again, you will have a great add-on service to complement your speech. You’ll get paid extra and you will be ready and primed to do it. Just like speaking, consulting takes some practice to do it well.

Here are some ways to get started as a consultant and speaker:

Hone in on your niche

Now is the time to really start thinking about your expertise and become even more knowledgable and up to date with your info. Study the trades in your specific topic. What knowledge do you have that companies need?

Who needs your expertise?

Don’t randomly throw everything against the wall to see what sticks. Spend some time thinking about who needs your knowledge the most.

Research your audience

Before you think of contacting anyone, find out what they are looking for and what they need that you could supply.

Get certified

If you need certification to add credibility as a consultant, do that first. Find out what licenses and certification would be valuable to your target audience. Having these credentials should also help you as a speaker.

Add hard skills to your resume

A backup plan should include some hard skills along with soft skills. What hard skills can you add to your resume?

Everything goes in cycles, but right now consulting is a good skill to have on your resume regardless of which direction the speaking industry is going in. The speaking industry is in a constant sea of change, so be prepared to cover all angles.

Some of your best speaker leads can come from referrals. Most of mine have. But all referrals may not be the same. I grew up in the entertainment industry, where about 80% of all jobs come from referrals. There is a good reason for that.

Hollywood

Hollywood is a transient place that’s full of con artists, beginners, flakes, bad actors, and people who are looking for a quick buck. I’ve been in it my whole life and it never changes. I’ve also been on all sides. From being an actor who has to beg for a job, to a casting director, who does the hiring, to the distributor, who puts up the money to distribute a final product.

There are WAY more people at the bottom that are looking for jobs than there are the ones at the top who do the hiring and buying. I must say it was such a difference to go from holding my hand out to beg for a job, to pulling out a checkbook with a huge bank account attached. And I must say that I was more likely to use weak ties myself, or someone a friend recommended.

Speaker leads

But one thing always seemed to be true. You will usually get your best speaker leads, acting leads, etc. from your weak links. I was much more likely to get a job from someone my hairdresser knew or my doctor knew, than from the person themselves. It always seemed to be from someone who wasn’t in the industry but had a close connection to the decision maker.

Weak ties

Sociologist Mark Granovetter wrote a paper in the 1970’s called “The Strength of Weak Ties”. Basically it talked about how your most valuable information will come from outside your usual network of contacts. People are far more likely to get a job from a weak contact than through a friend or relative.

He refers to strong ties as friends and weak ties as acquaintances. This doesn’t mean you shouldn’t have both, because you should. They compliment each other.

In my conversations with meeting planners lately I’ve found that many times they get referrals for speakers from people in their audience. That would be a weak speaker lead contact.

So, instead of always trying to go in through the front door, you might try using your weak contacts. As much as Hollywood hates taking chances on newbies, they also love the idea of finding a great, new talent that no one has ever heard of. Same with the speaking industry.

Years ago I hired one of the best publicists in town to promote my product. I paid $5,000 month, which is a lot now, but a fortune back then. After 4 months I was out of money and they had only booked me one magazine. Since I had no money left, I was forced to do it myself. So I learned on my own how to be a publicist.

I was only doing it for myself, but I soon had other people calling me to do their publicity. Before long I was working for large corporations, and kept raising my prices to keep up with the demand. I never advertised my services or went on a single job interview. It all came from word of mouth referrals.

It’s ironic because I never really wanted to be a publicist. I didn’t have a college degree, so I wouldn’t have even thought to send in my resume. But, here I was making a great living and working for big companies who would probably never hire me based on my resume. They hired me because of one thing – results! I worked hard for my clients and got them results, which is an issue with many publicists who take your money and do nothing, like what happened to me.

Easiest way to book a speaking job

To get referrals you’d better be damned good at what you do and work hard for your clients. It’s pretty simple.

So, how does this relate to the speaking industry? The easiest way to book a speaking job is through referrals. It’s also the easiest way to get your full fee as a keynote speaker.

The words every speaker wants to hear

I remember getting a call from a meeting planner who said “what is your fee and where do I send the contract”? Just like that. She said “Someone on the committee saw you speak, you came highly recommended, and we took a vote. So, are you available?” Ah, the words every speaker wants to hear “Are you available”?

But this didn’t happen overnight. It took years of hard work and proving myself in the market. I can’t tell you how many speakers and actors complain that they’ve been trying to get work for several months and haven’t gotten anything. The entertainment industry in general, whether you’re a speaker, actor, writer, musician, etc. is not about being an overnight success. If it does happen it’s very rare. Most people who make it have put in the hard work and established themselves before that happens. Nobody owes you anything as an artist. It has to be earned, over and over again.

When I worked in casting for films, I would rarely take a chance on a beginner for any leading roles. It wasn’t worth me being wrong, no matter how talented someone was. I wanted to see lots of proof that they were professionals and that they could handle a leading role. I would hire them for a smaller role if they were a beginner, but would not take the chance on a bigger role. There is too much on the line.

Prove yourself as a speaker

This is the same way it is in the speaking industry. You have to prove yourself and keep looking for the open door where someone will take that chance on you. In the meantime, keep working on your craft. Keep improving. Keep learning. No matter how long you’ve been in the business.

If I thought an artist just needed some help to push them over the edge I would work with them, on my own time and my own dime, because I thought they really had potential.

I remember reading a script that was so unique and had such a different voice with characters that jumped off the page, but the grammar and spelling were horrible. I couldn’t pass that script on to my boss, but I knew the writer and the script had potential. So I went through and edited it myself.

I had numerous conversations with the writer to make sure I was on the right track with him. He was more than willing to listen to critique and improve. He had no training as a writer, which really kind of worked in his favor because he didn’t allow his writing to be guided by some template from a university or writing school. That’s what made it so unique. It was a script written about great characters who had unique voices and a lot of heart. It was like no other script I had ever read. That happened only a handful of times where I found those kinds of artists.

Be the complete package as a speaker

But not everyone is going to take the time to help shape you. It’s a business, and they simply don’t have the time to do it. You need to be the complete package right off the bat. If you’re not, then start cutting your teeth in places where people will take a chance on you. About half of all the speaking jobs out there are free ones. Meeting planners need good speakers even if they can’t pay them. I know plenty of established speakers who will still book free speaking jobs to test out new material. I think this is smart. But if you’re doing it for free, you might as well make money by getting a sponsor for your speech. This is how I’ve never spoken for free. I would test new material in a free job, but get a sponsor. That way I got paid while shaping a speech, getting audience reaction, and improving my craft.

The actors and writers I would hire for smaller roles still had to prove themselves. The ones that showed up early, never complained, prepared for their parts, didn’t act like divas, and were willing to go above and beyond were the ones that I would keep in the file.

Keep working as a speaker

To get referrals as a speaker you have to be working. Someone, somewhere has to see you. That’s what happened when I got the call asking where to send the contract. Someone had seen me speak. Someone who had enough clout and enough passion in me to convince the committee to use me. This is the easiest way to book a speaking job.

This is the place you want to get to in your career. If you ever wonder why the same handful of people seem to book all the speaking jobs, this is why. They have reached a point where they’ve proven themselves in the industry. The easiest way to book a speaking job is to be a speaker everyone wants to work with and get referrals because of it.

It’s really simple. Be the best speaker, actor, writer, musician, entertainer you can possibly be. Be easy to work with and go above and beyond for every single job. Keep working and keep improving. Then one day you will get that call about sending the contract. The more you move up the ladder, the more of those calls you will get. And one more thing… resist ever becoming a diva. I could tell you many behind the scenes stories about actors who did this. Most of them aren’t working today. Be nice, be good, prove yourself, and love what you do enough to stay in it for the long haul.

The speaking industry is similar to Hollywood. Actors either audition or send in their videos and a group of people, the casting director, director, and producer, all have to come to a mutual decision about who they cast in a film, TV show or theater production. I’ve been on both sides of the process, and I must say that being on the casting end is much less stressful. A lot of variables go into the decision, and most of them are totally out of your control. So never take it personally. That’s easy to say, but when you think you’re perfect for a speaking job it can become baffling.

Why speakers don’t get the job

Here are some of the reasons why speakers don’t get the job:

Committee voted on another speaker

A committee can be anywhere from a few people to a couple of dozen. Most speaker decisions are made by committee these days, which means a lot of people have to like you and think you’re the right person for the job. If you don’t get the majority of the vote, you probably won’t get the job. If your topic doesn’t fit in with the conference theme and the theme is already set in stone, you probably won’t get the job. And, If there really isn’t a theme, but they like your topic, they could pick you and create the rest of the conference to fit around you.

Went with another topic

If some other speaker knocked their socks off, they could take the conference in a different direction to fit that speaker. The only thing to do about this one is to be the speaker that knocks their socks off. Have a unique topic that only you can provide, and have a great angle on it.

Already used your topic or similar speaker

If they used your topic for their last conference, they probably won’t be using it again, which means having to wait until that topic and theme comes around again. They like to keep things fresh for their members or clients.

Decision maker used someone they knew

This would happen all the time when we were casting films. We would go through the casting process, and in the end, the producer decided to hire someone’s girlfriend, boyfriend, cousin, etc. This is another thing you have no control over. Even when we would find the best talent for the part, if the director, producer or financier said they wanted their mistress in the lead role, there was nothing we could do.

Not ready for primetime

If you’re planning to speak to a small, local library for free, the bar will be much lower than for a bigger paid job. Anyone who is going to be writing you a large check has to make sure you’re ready to play in the big leagues. The only way to get over this one is by constantly working and proving yourself. People need to know who you are and that you’re good and reliable. This is why Hollywood and the speaking industry can both feel like a closed club until you are able to make your way in. You can’t buy your way in or bribe your way in. You simply have to be incredibly good at your craft, be responsible, easy to work with, and prove that you are worthy of their trust.

They decided not to use speakers

Sometimes conference meeting planners like to shake things up and not always put on the same conference. They may decide to have panel discussions or no speakers at all.

They want industry only

Some conferences don’t use outside speakers at all. So unless you’re actively working in their industry, they won’t be looking for outside speakers.

The speaking industry is about the long game. There are many reasons why speakers don’t get the job, just like there are many reasons actors don’t get the job. You simply have to keep getting better and keep working. Along the way you will lose a LOT of jobs. It’s just the nature of the business. So, like I said, don’t take it personally. Eventually that perfect opportunity will come along and you will be just the right speaker for it.

All industries change as the world around them changes. The speaking industry is no different. The topics meeting planners requested 5 years ago or 10 years ago have changed. With a booming economy, companies are now more interested in recruiting and retaining employees than they were 5 years ago.

Current speaker topics companies are looking for

Lately I’ve been getting requests from meeting planners for topics related to the workplace, such as generational issues, managing a new generation, and recruitment and retention. With a tight job market they are suddenly interested in motivating employees and attracting the best talent.

As a business speaker, can you help companies recruit and retain the best employees? Have you gone through the same issues as a business owner and have tips that can help them find new talent? Have you been on the hiring end and have tips from human resources that will help them?

Can you motivate employees?

As a motivational speaker, are you able to help companies motivate their employees? Recent studies show that money and benefits are actually not at the top of things that excite new employees. Peer motivation and recognition and encouragement are at the top. Employees will be spending most of their day at the office, so a fun environment is key to many people. A dull, stressful, high-paying job that sucks the life out of you will burn employees out quickly. Can you help them find ways to keep their employees happy and motivated?

Are you an expert in helping companies create a dynamic company culture? Companies that don’t have a defined culture and mission statement tend to have disorganized chaos. Once a company has a defined culture they can then hire people that fit into the culture. But they first need to know what it is. Are you that speaker who can help them define their culture? This is valuable to a company that wants to retain the best talent.

Are you a leader?

Many speakers speak on the topic of leadership. Have you actually been a leader yourself? Do you have valuable and unique information you can give to companies on how to groom talent for leadership positions? Have you been on the other side as an employee in a company who can give inside information on what employees want out of management and how to nurture their talent for leadership positions?

Or maybe you’re an expert on the topic of generational issues in the workplace. Can you help companies figure out how to deal with a workforce of different generations? Can you help them navigate through issues like different communication styles, technical issues, and different styles of collaborating?

As a speaker you’re constantly having to adjust to changes in the speaking industry. If you can use your background to help companies through the changes they’re facing, you open up more possibilities as a speaker. It gives you more chances at having current speaker topics companies are looking for right now.

I was talking to a speaker the other day and asked her what topic she spoke about and she answered “whatever they want”. That might have worked in the speaking industry 20 years ago, but today’s meeting planner is looking for an expert in a topic, a thought leader who knows more about that topic than anyone else, and has a solid background to back it up.

Branding yourself as a speaker

You might think that limits your opportunities as a speaker, but it’s actually the opposite. I’ve spent some time studying the top speakers, and work with some top speakers. And one thing they have in common is that they have narrowed down their niche. They dig deep within the one thing they know better than any other speaker and they stick with it.

I know so many speakers who have incredible hard skills knowledge they could be using, but say they would rather speak on topics that meeting planners simply aren’t looking for, the speaker isn’t really an expert in, or the market is saturated with.

Meeting planners talk amongst themselves, and when they are looking for a particular topic your name should come to the top of the list. If you want to speak on branding, have you ever actually created a brand yourself? You will be competing with people who have created world class brands that are household names. Why would they choose you over someone who started a Fortune 500 company with a brand that’s a household name?

I’ve seen speakers who say they speak on the topic of social media who only have 300 Twitter followers and a Klout score below 40. Why would a meeting planner hire them to teach their employees about social media?

Are you an expert in your field?

The first thing I look at on a speaker’s website is the “about” page. What kind of background do you have that qualifies you as an expert in that topic? As an audience member, why would I listen to you? Just because you’re passionate about a topic doesn’t mean you’re the right person to deliver that message. Your credibility is something that has to be earned.

If you look at the backgrounds of some of the top speakers, they have extensive knowledge, hands-on experience in the real world, media attention in their area of expertise, industry awards and years of training. They’ve earned the right to stand on a stage and speak on that topic.

The good news is that most of us have all of those things. It’s a matter of doing what speaker Joe Calloway calls “picking a lane”. I know I’ve used this example before, but Brene’ Brown is a good example of a speaker who picks a lane. In fact, on the home page of her site it says she has “spent the past 13 years studying vulnerability…” When a meeting planner is looking for that topic, she’s at the top of the list. And she works… a lot.

Find your own audience

Another part of a speaker’s brand is in their delivery. If you look at comedians, someone like Jim Carey has a very different style from Steven Wright, Mitch Hedberg’s style was very different from Melissa McCarthy’s style. They all found their own audience, as you should do as a speaker.

As far as style goes, there’s no right or wrong way when it comes to being a speaker, but it should always fit your comfort level. I would never feel comfortable lecturing from a podium with a lot of charts and grafts. But many meeting planners would rather have that style, and there are plenty of speakers who feel more comfortable giving them what they want. There’s no reason to fit a square peg in a round hole. Be who you are and the audience that’s right for you will find you, love you, and hire you over and over again. Are you branding yourself as a speaker?

Speaker Directory

A speaker directory listing is one of the most effective and least expensive ways to get targeted traffic. And it comes from the exact customers you’re trying to reach. Search engines put a lot of weight on topic related backlinks. Being listed in a high ranking speaker site, which is monitored by humans, is invaluable.

Benefits of Being in a Speaker Directory

Keyword focused, quality, one way link

Link building is one of the most powerful things you can do to to drive traffic to your website. But not all links are equal in the eyes of the search engines. A good quality, one way link from a reputable, high ranking directory in your target niche market is one way to assure the search engines will love you. And you can never have too much link love.

Extremely targeted traffic

Just being in a speaker directory with others in your industry helps drive traffic to you. If a meeting planner comes to a site looking for a speaker, she will also see you. Being listed in the same place as your competition can be a good thing. A meeting planner who needs one speaker will also be looking for other speakers. This is one reason being listed on a niche speaker directory is better than a general directory. Expose yourself to new clients every day. In the search engine’s opinion, being on several good, quality niche directories is better than being on 100 general ones.

Much cheaper than advertising

You could easily go through $100 in PPC ads or other forms of advertising, and it’s something you have to continuously keep up. If you run out of money, your ad goes down. With a directory, that same $100 would last you for a whole year and would be driving traffic on autopilot. It reaches exactly the customers you’re trying to reach.

Tax deduction for a Speaker Directory

Being listed on a directory is a business write-off for speakers, authors, consultants and entertainers. Look at it as an inexpensive marketing tool that can be written off on your taxes.

Control

You have the control to change or add content to your online listing whenever you want. You can’t do that with a printed directory.

Thought leadership

Being in a targeted industry directory with other people who are thought leaders, puts you in the same category.

Being listed in a niche directory in your target industry is one of the most important marketing tools you can use as a speaker.

Speakers