BENEFITS OF VIRTUAL EVENTS: WHAT TO KEEP IN A HYBRID FUTURE
Event planning for the future? Take advantage of virtual event benefits to power up your next event for better success and engagement.
The pandemic dramatically changed the way we schedule events and certainly gave virtual event platforms a moment to shine in the sun. But as health and safety concerns start to ease, and in-person events return to center stage now, one needs to consider the benefits of virtual events.
While hosting a virtual event was the only option available for many in 2020 and 2021, event organizers discovered some key benefits of virtual, such as a wider reach, higher attendance, time savings, and lower costs. They also learned how hosting a hybrid event, with a virtual component, essentially offers event organizers and attendees the best of both worlds.
Is planning a virtual event worth the effort? We think so! Especially when it’s used as an engaging component of your physical events, giving people who can’t make it in-person the option to tune in remotely.
Top benefits of virtual events
Once event planners discover the benefits of hosting virtual meetings and events with Movazi Events, it’s often hard to return to a fully in-person event mentality. With in-person events, organizers spend so much time focusing on the logistics, venues, and accommodations, they can lose sight of providing engaging and interactive content. A virtual event platform helps them save time, more people can attend, and sponsors often garner a better ROI. And those are just a few of the benefits of virtual events! Still unsure about hosting a virtual event of your own? Below we break down five top benefits of hosting virtual events.
1. Targets a wider audience
Event planners often measure success by the number of people who sign up to attend their event. Virtual events allow attendees to register to participate in online events, helping to break down any scheduling challenges or geographical barriers and increase attendance numbers.
With no travel involved for some, wider access to your virtual conference means more inclusivity, diversity, and new ideas. Make your virtual event sessions and materials available on-demand, and watch your attendee count soar.
2. Sponsors and exhibitors gain more value
While networking opportunities may seem challenging in a virtual format, it provides more benefits to sponsors than you might think.
Since the interaction usually happens one-on-one with the attendee, either through an event platform or via social media, sponsors tend to interact more effectively when engaging virtually. In a big exhibition hall with hundreds of people in attendance, it can be difficult to establish as many solid connections as you’d like.
3. Lead retrieval is made easy
It’s difficult for trade show exhibitors to network, keep their leads organized, and quickly follow up after the event ends. Utilizing lead retrieval with technology allows exhibitors and organizers to seamlessly capture registrants’ info directly from their event badge. They can track registrations, see who participated in online events, and extend opportunities for networking.
From connecting attendees to virtual event communities at your event to creating your own community after the event, sponsors gain valuable data to entice new customers.
4. Measure virtual event success with quantifiable data
So, beyond the registrations, how do you measure success for an in-person event? While you may have hung your banner in the exhibition hall, can you really measure how many people took notice?
Running a virtual event provides more robust metrics and quantifiable data, such as real-time user activity logs, numbers of participants joining virtual sessions, and who downloaded apps, engaged in chats, or completed surveys and polls. You can even analyze heat maps of the most visited areas of your platform or the most consumed content.
5. Convenient tune-in, wider engagement
We all know how hard it can be to find time in our busy schedules to attend important industry events and conferences, so attendees love it when event content is accessible from anywhere, at any time including live streaming if needed to make your event just as you like it!
Virtual events are here to stay, even if the future is hybrid
With the changing event landscape, gone are the days of hosting solely in-person events. Taking a hybrid approach, with a virtual component offered in real-time, can make all the difference when planning future events.
As we apply the lessons learned over the past two years and expand our reach with accessible virtual elements, it’s clear that virtual events are here to stay. They help event organizers reduce costs, attract more attendees, and deliver a better ROI.
How Movazi Events works to support your virtual event;
The Movazi Events end-to-end event management platform makes virtual event planning simple, fast, and easy. Here’s what you can expect in terms of Movazi Events support for your next event:
- Automate registration and customize the attendee journey
- Offer unique sponsorship opportunities to maximize exposure
- Engage attendees with live interaction and fun challenges
- Provide immersive brand experiences
- Customize your branded virtual platform (link takes people to our website where they can book a demo) or mobile event app
- Modernize networking with state-of-the-art networking rooms
- Measure event ROI and gather critical performance data in real time and post-event
- Enable deeper connections with post-event community building.
- Get ahead of your planning with dedicated professional services
- And more!