Planning a business event is hard right now. So, rather than letting COVID-19 get in the way of your business event plans like it did that European holiday, let’s talk about Hybrid Events.
Hybrid and Virtual Events
Hybrid Events
We hear you. Planning a business event is hard right now. So, rather than letting COVID-19 get in the way of your business event plans like it did that European holiday, let’s talk about Hybrid Events.
Hybrid Events
96% of business events across Australia were cancelled or postponed in 2020 as a result of COVID-19 and we know that organisations, particularly associations, rely on business events or conferences as:
- primary source of annual revenue;
- an opportunity for members and delegates to grow their network;
- provide professional development; and
- an opportunity for sponsors to engage with members and delegates.
Put simply, another year of cancellations or postponement may disrupt the momentum that you have worked so hard to build.
So, what if we told you that a hybrid event may be the solution? In Australia, we have already seen 41% of businesses pivot from traditional events, and plan to host their next event as a hybrid or virtual experience. A hybrid event overcomes the current barriers which include reduced venue capacities, domestic and international travel restrictions and budget restraints.
Yep. That’s right. A Hybrid or Virtual Event may just be the answer to your problems when planning an event for next year and beyond..
What is a Hybrid Event?
A hybrid event connects people in person, just like a normal conference, as well as an option for an audience to join online. It is the perfect solution in a time where there is so much uncertaintly which means you can continue to make plans without the fear of another year of cancelled conferences.
There are also plenty of benefits:
- Reduced event costs across catering, accommodation and travel.
- Eliminates the risk of conference cancellation
- Provides an opportunity to connect with members and clients
- Allows you to connect with a broad and global audience.
The key to creating a successful hybrid or virtual event is to plan your program with both audiences in mind. The journey for both customers is important so your event will need to deliver value and faciltate collaboration between attendees whether they are attending in-person or online.
What is a Hybrid Event?
A hybrid event connects people in person, just like a normal conference, as well as an option for an audience to join online. It is the perfect solution in a time where there is so much uncertaintly which means you can continue to make plans without the fear of another year of cancelled conferences.
There are also plenty of benefits:
- Reduced event costs across catering, accommodation and travel.
- Eliminates the risk of conference cancellation
- Provides an opportunity to connect with members and clients
- Allows you to connect with a broad and global audience.
The key to creating a successful hybrid or virtual event is to plan your program with both audiences in mind. The journey for both customers is important so your event will need to deliver value and faciltate collaboration between attendees whether they are attending in-person or online.
Statistics
$35.7 billion
Estimated maximum total business lost in the business events sector over the next 12-15 months
96%
Percentage of scheduled business events in Australia that were cancelled or postponed in 2020
41%
Percentage of businesses that plan to host hybrid events or move their event online
Benefits of Hybrid Events
- Deliver a fresh and exciting conference that adds value to your clients and members.
- Share your knowledge and expertise to a live and engaged audience
- Position your organisation as an industry leader
- Showcase your brand to a global audience without the expensive travel costs.
- Attract new customers and members that haven’t been able to access your event before.
- Build strategic national and global relationships through networking between local industry
- Eliminate the risk of your event being cancelled.
- Demonstrate that your organisation is evolving by utilizing new technologies.
- Promote innovation and collaboration across governments, universities, industry, and research bodies through networking, leading to a more competitive and supportive business environment.
- Bring existing or previous overseas run events to return to Australia, generating revenue for the local economy.
- Promote the elite standard of conferences and business events hosted in Australia which will lead to longer term economic and social impacts for your organisation.
Start a Conversation with Us
We would love to help you with your next conference, business event or sponsorship opportunity so contact us via the link below and we will be in touch