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Home ยป Industry News ยป Digital Transformation - Information Technology News ยป Hybrid Events are the way of the Future

Hybrid Events are the way of the Future

The global pandemic stopped meetings, conferences, and events in their tracks. Like every other industry, the events industry went through an unprecedented time, and had to reinvent itself in order to survive.

The pandemic accelerated the digital world, and customers are now open to the idea of digital events alongside face-to-face. โ€œItโ€™s actually opened up the spectrum for all sorts of companies,โ€ says Heinrich Swanepoel, Head of Sales at PaySpace, a leader in payroll and HR software.

He says the pandemic forced organisations across the board to adapt to work-from-home scenarios, which depend heavily on Wi-Fi, streaming, and video conferencing. โ€œWithout technology, we wouldnโ€™t have survived. The technology came through for us with flying colours, enabling businesses to be resilient.โ€

According to him, it has levelled the playing field for events. It not only changed the way people live their lives, but consumer behaviour also changed a lot too โ€“ in terms of how they shop, and their willingness to adapt with the new tools and services. People no longer find it strange to be attending a virtual event.

There is little doubt that business travel and meetings will look different in the future, when we put the pandemic behind us, to what they were like a few years ago. โ€œSavvy event organisers are also realising that budgets are shrinking and offering compelling virtual event options is the way forward.โ€

For Swanepoel, there will always be face-to-face events. โ€œThese events will never drop away entirely. More businesses will realise they can offer hybrid events, which combine a live event with the option to participate virtually too. This, I believe, will be the way of the future.โ€

When it comes to ensuring customer engagement with virtual events, Swanepoel says that the key is to understand the customer. โ€œYou need to see the world through their eyes, and then ensure that you prioritise their expectations. People who attend these events do so for educational purposes. They expect advice that will help them achieve business goals and objectives. This can make it difficult, because content needs to be world-class and informative. A lot of time needs to be put into the preparation of content, to ensure it is tailored to your target audience.โ€

He says, however, that virtual events make it a lot harder to engage and keep the attention of the audience. โ€œIn home environments, it is easy to be interrupted or get distracted. Holding their interest is far easier at a physical venue.โ€

But there are several benefits toย hostingย virtual events. โ€œThe number of delegates usually increases dramatically with virtual events. Companies can extend their reach significantly, and at the same time save a fortune, as virtual events are far less resource-heavy. There are no costs associated with people running the event on the ground, the venue is free, and there is no catering needed. For attendees, thereโ€™s no travelling time or costs, and they can log in and out at will. For example, our recentย annualย PaySpace POWERย Conference ran over three days withย more than double the number of attendees we had last year. This clearlyย demonstratesย the success and increasing popularityย of digital events.โ€

Many delegates find it a lot easier to askย questionsย in a virtual event, as theyย canย remain anonymous. Companies can gather a lot of insight from the questions that are asked, and more participation is encouraged, says Swanepoel.

There are several tools available to ensure that virtual events are a success, he says, in particular MS Teams, Zoho, and YouTube for videos and content. โ€œFor me, itโ€™s all about the planning. The tools are an important part of the planning stage, production needs to be on point, and both the sound and connection must be top class. Itโ€™s about connecting all these dots.โ€

Offering some advice for companies wanting to host virtual events, Swanepoel says: โ€œDecide what your desired outcome is and set yourself a target to workย towards. You will need to put a plan together that covers all your objectives. Make sure your content is world-class, too. Remember, if youโ€™re notย hostingย events, no one will recognise you.โ€

 

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