There may be several people who are interested in attending your live events but are limited by the constraint of travel, budget, busy schedules, and other factors. The reach of virtual events is unprecedented. Virtual events are more easily accessible to a wider audience Hence much of your event plans would be economically feasible and you can achieve more with less. Your budget is only reserved for marketing, the event technology platform, and event content production. Virtual events can reduce your overhead by about 75% since you won’t be incurring cost on venue, staffing, rentals, accommodation, travel, etc. Explore additional reasons to consider hosting a virtual event below: Virtual events are more economically feasibleĪt a time when event budgets are shrinking, any option that can deliver great value and yet save cost is worth embracing. Organizers were able to reach more people who were unable to attend their event in-person by live-streaming event sessions to the audience who participate via event apps.Ī fully-virtual event holds greater benefits it is more convenient for both organizers and attendees and it saves a tremendous amount of time and financial overhead.
This is evident in the proliferation of mobile event apps and virtual conferencing platforms that made it possible to host hybrid events. There had been a significant level of digital transformation in the events industry prior to COVID-19. To gain a deeper understanding of how you can translate your events to a digital space, please join us for a daily demo webinar. It is a viable alternative to hosting an in-person event. What is a Virtual EventĪ virtual event is a technology-driven event where content and activities are delivered and administered to an online audience. We will cover the following topics:ĥ Virtual Events Platforms for Planning and ManagementĬontinue reading to learn more. Whether you are planning your event from scratch or you want to pivot a previously planned in-person event to the virtual sphere, here’s a complete guide to what you need to know to make a virtual event happen successfully.
Many organizations are pivoting from previously planned live events to virtual means, and those contemplating new events are also going virtual. If you have had your event plans disrupted by the COVID-19 pandemic and are looking for the best options available to save your efforts from going down the drain, hosting a virtual event might just be the right option.
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