4 Common Questions We Get About Hybrid Events

 

It has been a little over a year, but the world is still adjusting to functioning during a pandemic and the events industry space is no exception. In fact, 89% of companies have reported that they cancelled in-person conferences because of the pandemic and replaced them with virtual conferences.

Just like there was a pivot when the pandemic started, now that people are getting vaccinated, we are seeing a new pivot. And the new norm for the events industry is hybrid events.

What Exactly is a Hybrid Event?

The simple answer to this question is that hybrid events bridge the best of both worlds of in-person and virtual conferences. This approach has allowed brands to reach a wider audience.

Taking it a step further, it’s important to note that hybrid events offer unique experiences for both the in-person components and the virtual components. A common mistake is that some brands stream their in-person presentations online and call it a hybrid event. So, while hybrid events bridge the two worlds, they also treat them separately to foster high engagement rates and provide a great experience for all attendees. 

What Makes a Hybrid Event Stand Out?

Let’s discuss the basics of what makes a good hybrid event since it’s a relatively new concept.

  • Hybrid events embrace audience engagement. For the in-person potion, it’s easy to get attendees to participate and network. Gleaning from what we know about virtual events, attendees can be engaged with polls and Q&A sessions.
  • Hybrid events should be insightful. There definitely have been brands who create conferences for conferences sake and this mentality needs to be changed. Key takeaways and opportunities need to be conveyed to get people to sign up for your event. 
  • Hybrid events need to prioritize speakers. High profile and interesting speakers are what sparks the interest of a potential attendee. So, allocate enough time to identify and recruit speakers and feature them on all of your event material. 
  • Hybrid events should be flexible and offer attendees a variety of in-person and online sessions that attendees can choose from. Many event planners use multiple tracks in the virtual part of the event so that attendees can choose their topics.

What Goals Do Hybrid Events Accomplish?

One thing that people love about events in general is that they accomplish many goals within one strategy. Hybrid events achieve more than only in-person events or only virtual events as hybrid events can reach more people. Check out the most common goals we see and determine if you would like to accomplish these same goals for your own brand.

  • Thought leadership
  • Lead gen
  • Monetization
  • Brand awareness
  • Networking
  • Reusable content

What Are the Next Steps For Me To Host a Hybrid Event for My Brand?

Have we gotten you excited about hybrid events!? If you’re ready to get moving on your own such event, here is a list of your next steps so that you can pull off a hybrid event with smashing success. Note that from ideation to the day your event takes place, you should give yourself at least 3 months to execute it properly.

  • Brainstorm a name for your event
  • Pick a location for the in-person portion
  • Choose a platform like vConferenceOnline to stream the virtual portion of your event
  • Create a landing page where you will collect registrants
  • Reach out to thought leaders that align with the theme of your event and recruit them to present
  • Make a marketing plan to promote your event

Have you attended a hybrid event? We’d love to hear all about it in the comments below!



The Ultimate Guide to Monetizing Your Virtual Conferences

Virtual conferences have dramatically increased in popularity in a Covid-19 world. However, we’ve been helping brands host virtual conferences for over 15 years and have helped over 1,000 brands host virtual events. Over the years we have observed what works and one of the things we see a lot of is brands monetizing their virtual events.

In this post, we will explore how to monetize virtual conferences based on tangible evidence that we have gained from learning through our customers. There are many different ways to monetize virtual events successfully and we are going to go over all of those.

Over half of our customers have monetized virtual events in some way successfully. Some do it to offset the cost of executing a virtual conference to break even and some do it to make revenue. So, let’s dive in!

Put the Pieces in Place to Make Your Conference Appealing

Monetization doesn’t happen right away. You need to organize a virtual conference that looks appealing to sponsors and attendees. Once the right pieces are in place, you can start monetizing it. Don’t know the pieces to put in place? Here is a list: 

  • Event theme
  • Goals need to be defined
  • Create a timeline
  • Recruit speakers early
  • Create a landing page with speaker headshots and brand logos with a teaser blurb of what people can expect from your conference
  • Pick the date that your virtual conference will stream
  • A plan for vendor booths
  • The marketing plan for maximizing the amount of attendees you will have

Define Your Goals to Determine How to Monetize

Our customers come to us with a variety of goals they hope to achieve with virtual conferences. We’ve helped people with a variety of goals and coach them on how to create a conference that achieves these goals. Here are some common goals that we see and the type of event that accommodates these goals: 

  • Thought leadership: In order to position your brand as a thought leader in your industry, hosting an event with expert speakers is in order. Find the best speakers and leverage them to get like-minded brands to pay for a vendor booth at your virtual conference.
  • Networking: Interacting with attendees who are also potential consumers is one of the most common goals that we see. Make your event free for attendees so you maximize the amount that you have and monetize your event through sponsored commercials that play in between presentations. Emphasize to your attendees that they need to check out the networking lounge so that you can interact with them.
  • Make a profit: Some of our customers cite their main goal of making a profit. If this is you then you should consider charging attendees, charging for vendor booths, charging speakers to present, and charging for commercial style clips in between presentations.
  • Lead gen: Another common goal we see a lot when it comes to virtual conferences is lead gen. In order to gain a lot of new leads you’ll want to make your event free to attend. But, you can monetize by charging presenters to speak and/or charging for vendor booths. 

Once you have honed in on your goals, it’s time to explore the options you have to monetize your virtual conference.

The Rundown on Charging Attendees

We see a lot of companies charge attendees for their virtual conferences. It’s very doable but it yields a smaller amount of attendees. So if your goal is lead gen, this is not a good option for you.

A good tactic to try is to offer some presentations and features of your virtual conference for free and then have a premium ticket option for attendees to purchase where they have access to more presentations and resources. It’s a balanced approach and we highly recommend it. 

About half of our clients have charged attendees and they usually charge $300 or less per ticket. If you plan to do this, make sure that your landing page and marketing materials convey a lot of value.

Commercial Ads Are Always an Option

Commercial ads are simple to incorporate and are an easy way to monetize your virtual conference. 

When making your conference schedule, leave 5-10 minutes in between presentations to play commercials.

After you start getting attendees to register and you have an awesome lineup of speakers, pitch the commercial slots to like-minded brands who would want to be in front of your attendees.

Charging for Vendor Booths

Vendor booths are arguably the best way to monetize a virtual conference.

Our platform offers the functionality for attendees to do video sessions with the booth owners and allows them to be super engaged.

Consider offering your vendors a slot in your virtual conference lineup so that they can encourage attendees to visit their booth.

Speakers and How to Make it Appealing for Them to Pay to Present

Charging speakers to present is a little less common than the other monetization strategies that we’ve explored but it’s doable.

If you’re going to charge speakers, you have to make your virtual conference extremely valuable. You need to set aside the marketing budget so that you can gather thousands of attendees. You should also consider offering them a robust package like a vendor booth to compliment their presentation. 

If you are going to charge speakers, it’s smart to offer them the list of attendees who view their presentations so they can email them and spark a conversation. 

Offsetting the Cost of Producing a Virtual Conference

While virtual conferences are cheaper to produce than in-person conferences, they still come with some costs. You need the budget for a virtual conference platform as well as a marketing budget to promote it. We see a lot of people monetize pieces of their virtual conference to break even with the costs of running a successful virtual conference. 

How Virtual Conferences Compare to Monetizing In-Person Conferences

View virtual conferences as the new norm and think about how they are replacing in-person conferences. The virtual conference environment was created to mimic in-person events.

Think about how in-person conferences are monetized. Attendees pay for tickets, brands pay for booths and there are sponsors providing swag. Virtual conferences can accommodate all these components and cost a lot less to produce. Win-win.

Final Thoughts

Whether you want to break even and offset your virtual conference costs or make a profit, there are a few ways you can monetize your event. From charging attendees to vendor booths and more, you have a lot of options.

Be sure to outline your goals before deciding to monetize your event and create a virtual conference plan accordingly.

Do you have any tips or insights when it comes to monetizing a virtual conference? We would love to hear all about it in the comments below!

How to Get High Profile Speakers to Speak at Your Virtual Conference

Virtual conferences are great for lead generation and establishing thought leadership. These events have been replacing in-person conferences due to the fact we live in a pandemic world.

Not only are in-person conferences being canceled, but virtual conferences are thriving. They have the functionality of in-person conferences like vendor booths, resources libraries, networking lounges, and more. Better yet, virtual conferences are more affordable than in-person conferences and can generate more attendees.

However, your virtual conference can’t succeed without great speakers. So, in this post, we are going to explore every angle of getting the right speakers for your next virtual event. 

Why Do I Need High Profile Speakers?

In your marketing materials for your virtual conference, you need to include the speakers. If you get a well-known speaker, it’s going to make people more likely to sign up for your event.

Virtual conferences are all about thought leadership so having a seasoned speaker will ensure a great session.

Additionally, high-profile speakers have large social media followings. So, they can help you promote your virtual conference to their followers.

Assets to Create Before Pitching Speakers

There are a few ducks you need to get in a row before you start pitching speakers. These details include: 

  • Date of the virtual conference
  • When their pre-recorded presentations are due
  • Desired length of presentations
  • The theme of your event
  • Budget (if there is one) to compensate speakers

Having these assets in place before pitching speakers will save you a lot of time as they will weed out speakers who aren’t a good fit. 

What Attendees Expect From Speakers

When someone signs up for a virtual conference they want to be educated and inspired. So, your speakers must have the knowledge and experience to deliver great presentations. In order to find such speakers, you can vet them through webinars and even other virtual conferences that they may have participated in.

Attendees also want to feel engaged with virtual conference speakers. In order to achieve this, you need to have speakers ask questions during their presentation, engage on Twitter after their session, and even be available in the virtual networking lounge. 

Locating the Perfect Speakers

Lining up awesome speakers is arguably the most important thing you’ll do when putting your virtual conference together. Here are a few ways to find speakers who are the perfect fit: 

  • Contact bloggers you follow
  • Utilize LinkedIn
  • Tap into your happy consumers and ask them to present
  • Purchase targeted email blasts to invite speakers
  • Put up a request on HARO
  • Poll your clients and ask them who they would like to see as a speaker
  • Conduct a Google search to find thought leaders in your niche

Pitching Speakers

The most important thing when you are pitching speakers for your virtual conference is to personalize your outreach. State why you think they would be a good fit and reference content or virtual events they’ve done so they know you did your homework.

Most of us get hundreds of emails a day and tend to skim them so be sure that your pitch is short, sweet, and to the point. Give potential speakers the necessary details about your virtual conference and give them the rest of the details if and when they decide to present at your virtual conference.

Match Your “Ask” with your “Give”

Presenting at a virtual conference can be pretty time-consuming. Speakers have to create slides, practice their presentations, record their presentations, and interact with attendees. So, you can’t just ask them to be a speaker, you also have to return the favor and provide value to them.

Matching your give with your ask can be done a few different ways: 

  • Monetary compensation
  • The attendee list
  • Return the favor with a guest post or webinar for their brand
  • Let them have their own vendor booth
  • Tell them how many attendees they will be in front of for the promise of new followers

Keep Your Speakers Engaged for Future Collaboration

Once your virtual conference is over, it’s important to keep your speakers engaged so that you can establish an ongoing relationship with them. Thank them for speaking at your event and send periodic emails to them to keep in touch.

It’s also a good idea to share their presentations after they stream on social media and tag them so that they get some recognition and appreciation. 

Your Speakers Can Help Promote Your Event

One of the most effective and free ways to promote your event is to enlist the help of your speakers. They can promote your virtual conference in a variety of ways including:

  • Sharing the event on their social media
  • Emailing their contacts in their newsletter list
  • They can do a sneak peek version of their presentation

Final Thoughts

Your lineup of speakers can make or break your virtual conference. Be strategic on who you choose and keep open communication with them so that they feel valued and can help you promote your event.

High-profile speakers tend to have large social followings and if you use them in your marketing materials, they have the power to increase the number of attendees by a ton. Take the time to research and identify the right speakers and this will pay off in gold.

Do you have any strategies when it comes to lining up high-profile speakers for a virtual conference? We’d love to hear what you say in the comments below!

How to Get Sessions on Time

Coordinating successfully with speakers

The most difficult part of any online event is coordinating the content. It’s far more difficult than any marketing challenge, getting sponsors, or any other aspect of planning the event. 

Without your speakers and their presentations, you wouldn’t have an event at all – which is why they are absolutely integral to your event. However, they’re difficult to coordinate with leading up to your event. More than one client of ours has described it as ‘herding cats.’ How do you make this process easier?

  1. Make your expectations clear from the beginning.

You’ll have to contact your speakers a few months before the event to make sure they’ll have time to even participate in the event, so the moment you contact them to ask them to speak, make your expectations clear. Tell them when the event is, when your deadline for title/abstract submissions is, and when your deadline for the recorded session is as well (if you’re doing pre-recorded instead of live). 

If you’re doing a live event, tell them what days the event is, ask when on those days they’re available, and lock them in ASAP. 

     2. Have a contract – and get them to sign it.

The moment they say they’re interested, send them a contract that you’ve created specifically for the event. The easiest way to do this is to leave the name area blank and
 have them sign their initials on every page. You can do this with an online signature service or just have them print it out and scan it back to you. If they’re unable to scan it back, just get an email from them saying that they agree to it and they understand the terms.

Inside of that contract, reiterate the deadlines from above. This way, you make it extremely clear with them that your expectations are written in stone and they understand. 

     3. Keep in contact with them frequently.

Especially if you’re doing a pre-recorded session, which will likely be submitted two weeks before the event, keep in contact with your speakers. Ask them how the recording is going, how the slides are coming along, if they have any questions. You can come up with many reasons to contact them. 

You should also create a graphic that your speakers can use on their blog or personal website; this way they can say that they’re speaking at your event. Presenters love to brag about the events they’re involved in, and that’s great marketing for you as well. 

The bottom line is, though: be patient. Without your speakers, you wouldn’t have an event. Make sure they know they’re appreciated and they’ll come back for your next one, too! 

Have any questions? Send me an email at caitlin@vconferenceonline.com and I’ll be happy to help out!

Combining Live and Simulated-Live Sessions

As technology advances and events transition smoothly from in-person to online, one thing remains certain – there’s just something our presenters enjoy about giving their sessions live. Online events have a great way to simulate this experience with simulated-live presentations. These are recorded ahead of time at the presenter’s leisure at their home or office with a neutral background, then scheduled for the event. This is a great option because it allows the speaker to interact with the audience in real-time, answering their questions and engaging in deeper discussion with them.

However, many speakers like to present their session via a live stream of some sort – YouTube, Google Hangout, etc. This gives them the same feeling as speaking at an in-person conference, allowing them to end the session with about fifteen minutes for a Q&A.

With this in mind, how do we make sure that both of these kinds of presentations are successful and streamlined?

Over-communicate with your presenters

For both live and pre-recorded sessions, you need to be in frequent communication with your presenters. For both, they will need similar guidelines. Dress-code, a neutral background (preferably without a window behind them), a quiet surrounding – and of course they need to have their slide deck ready.

One tip that we’ve found very successful to make both types of sessions look streamlined is to have the same theme on the slide decks for all presentations. It doesn’t have to be fancy – in fact, it shouldn’t distract from the speaker’s presentation. A simple grey background, a teal ombré, or even black would be fine – and don’t forget the event logo!

You also want to leave a space for the presenter’s webcam on the slide deck. A square in the lower or upper right corner is typical. If you prepare the slide deck theme for your presenters, you can ensure a great-looking session.

Make sure they know the schedule

For pre-recorded, you’ll want to make sure that the presenter knows the due date for sending you the recording. This way, they will have lots of time to prepare their slide deck, set aside an hour or two to do the recording, and polish it if necessary. Most speakers are used to live presentations; this will likely go pretty smoothly.

  • You’ll want to take tip 1 into account here, though – keep in contact with your speaker to make sure they know the date is coming up and ask if they have any questions.

For live streamed sessions, you’ll want to schedule a walk-through with the presenter to make sure they are comfortable with the live stream service you have chosen. This typically only takes about ten minutes as most live stream services are made with us in mind. You should schedule this for a few days before the event so that the how-to is fresh in everyone’s minds.

As long as your speaker has all of the information that they need and you know that they are prepared, you will both feel less pressure on the day of the event. If you and they are less stressed, the event will be a breeze!

Utilize your resources

Depending on the online event platform that you’ve chosen, you’ll have a variety of resources at your fingertips. With vConferenceOnline, we provide a full library of how-to resources that guide you step-by-step through creating and setting up your event. We also provide a project manager who will be available by phone and email leading up to and during your event to make sure that everything goes smoothly for you and your event is a hit.

Your job is to bring the ideas and the materials to the platform – our job is to make sure that your event is fantastic and your audience looks forward to the next one! With that in mind, ask any questions you have for your event. We’ll be happy to help out and even give you ideas for how to make it even more successful. With nearly a decade of online events under our belt, we have lots of data and a bevy of analytics in our pockets.

If you keep these three tips in mind, you’re sure to make both live and simulated live sessions look fantastic to your audience; your speakers and audience will have a great time discussing the topics, too!

And always, if you have any questions, feel free to email us!

Talk to you soon!

Simplifying Online Events

Continuing with the theme of “biggest concerns about online events,” another worry I hear from clients is that hosting virtual events just seem so complicated. This is understandable when you’re approaching a medium you haven’t utilized before or even changing hosting platforms. There is a bit of a learning curve usually when starting a new type of marketing strategy, but a lot of virtual event platforms have one or three great solutions to that for you.

  • A Best Practices Guide
    • Typically this is a PDF or document that answers most of the questions you may have about hosting an event with that particular platform. Many online events are self-service, which means that they are simplified as much as possible.

      As someone who’s just purchased an online event, you’re not expected to know how to run the show. You’re expected to know your presenters and exhibitors, as well as to market the event, but actually putting together the event should be as simple as it can be. The success of your event is the paramount concern for the company you bought it from, so they really want to help you as much as possible.

      This document usually is FAQ style, with common questions addressed in step-by-step fashion to help you navigate through the platform. If it’s in PDF format, it usually has links as well, to help you to move through the process in a easy and painless manner.

  • A Project Manager
    • For a lot of platforms, a project manager is an add-on. This is a person who is assigned to your event(s) and who is available for you to call, email, contact however you see fit.

      This person will have helped out with a lot of events before and has been trained extensively on the platform. Not only can they answer your questions, but often they will actually either help you set up the event or take most of it off your hands.

      (source)

      For instance, with vConferenceOnline, the project manager can actually set up the entire event for you. You will send them abstracts for sessions, information about speakers, even contact information for speakers or exhibitors. They can then contact them directly for all of the information and set everything up for you.

      One great thing about project managers is that they have access to information about previous events. This means statistics and analytics about similar events to your own, allowing you to find out things like: how many sessions will be best? How long should your sessions be? How do you encourage attendees to speak to the exhibitors?

      As above, none of these platforms anticipate you knowing how to host your own online event – that’s why the platforms exist. It’s their job therefore to help you succeed with your event so you’re happy (and they’re happy to!)

  • Live Support
    • For platforms who don’t have project managers, often they will offer live chat or email support to help you out with your event. Similar to the project manager, this will be a team of customer service representatives who are trained on the platform and know the answers to most, if not all, of your questions. If they don’t know the answer, they have access to project managers who do have the answers.

      As with the project manager, this option is typically an add-on for other platforms, not included with the purchase of the event itself. However, the knowledge and experience you can access is well worth it for those who aren’t comfortable with the platform yet!

These three options are usually available on all platforms in some shape or form. The best practices guides are usually included with any event, while the project manager and the live support are typically add-ons. These give you three ways to access the platform’s expertise and experience!

Pre-Record or Broadcast Live?

In-person conferences are only slightly different from online events, but one way in which they are vastly different is the presenting style. In-person events are presented live, with the speaker on a stage or at the front of a classroom-style room, speaking to the audience in real-time. They can step off the stage and answer the audiences’ questions while being a foot or two away from them and everything they say is live. This is great for a personal touch to events, but with a larger event, the personalization fades.

For online, virtual events, you have a few different options to try to replicate this experience while broadcasting your message and knowledge to a large audience. You can pre-record your sessions or host them live. If you host them live, through a livestream, you can even use a service like Google Hangouts to invite attendees to ask questions in real time while showing their face and using their own voice.

So, what are the pros and cons of each option?

From the platform standpoint, it makes no difference if an event is live or pre-recorded. The platform will work with either and it’s all about what makes you more comfortable.

Live sessions are great because the presenter has (hopefully) rehearsed their presentation and knows it like the back of their hand. A live panel-style session can be personalized to the audience. They can submit questions before the session via social media or text chat. Those questions are then answered during the session, which adds a nice touch for the audience.

However, live sessions carry a threat to your event as well. If the presenter is late, has connection issues, forgets their slides, has background noise, doesn’t wear something appropriate, or just has an “off” day, it can reflect badly on your event and brand. This is why pre-recorded sessions have their own benefits.

With a pre-recorded session, you can approve it ahead of time, cut out background noise, ensure that it aligns with the high quality event you are arranging. If you decide to do a 100% On Demand event, where the attendees are able to choose which session they want to watch at their leisure, this is the only option – and it’s a great way to make sure each presentation is up to your high standards!

Both types of presentations – live and pre-recorded – have their pros and cons. Make sure you figure out what the aim of your event is before you choose which will fit the best for you.

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Have any questions about hosting a virtual event and want a great platform that will help you every step of the way? Email us at sales@vconferenceonline.com

Happy event planning!

The Benefit of Session Tracks

Many online event platforms attempt to copy in-person events, particularly when it comes to sessions. During an in-person event, there are a few rooms set up with perhaps a theme for each (or perhaps none at all). The sessions are presented in each of the rooms and there is typically a ten-fifteen minute break in between so attendees can check the schedule, look for the next presentation, grab a cup of coffee, and settle in before it begins.

Many platforms emulate this by having a session listing where the attendee will choose a particular session to watch and, like a webcast, when it is over, click back to the lobby to choose the next they want to watch.

As an attendee, if there is a theme to a room, typically, you want to watch all of the sessions. You find a table in the room, settle in your chair, and stay there until the sessions you’re interested in run out. If an in-person event were run the same way as many online events, the room would have to be cleared before the next session, forcing all attendees to stand outside before being let back in.

That idea seems so inconvenient and unnecessary that vConferenceOnline created session tracks. It’s very similar to a playlist – sessions are scheduled to present live or play pre-recorded content at a particular time, have a break in between, then continue with the next session. An attendee can simply stay in the “room” and have the sessions play seamlessly and conveniently.

How does that benefit you, as a conference host?

The time in-between the sessions can be used for any manner of things. You can play elevator music to entertain the attendees. You can host a trivia game. You can ask people to communicate with you via Twitter hashtags or Facebook. You can show commercials from you or your sponsors. Ten or fifteen minutes is a lot of air time – with no fewer options for how to use it!

Many options that make things easier for your attendees also make for great opportunities for you and your sponsors. Just think creatively!

Your Speakers are Your Biggest Assets

A conference relies heavily on its content to market the event – which makes a lot of sense. If you see a movie trailer and hate the concept behind it, you aren’t likely to pay money to go see it, let alone waste your time with it.

Therefore, it is extremely important to have talented, comfortable, knowledgeable speakers for your event. If they are well-known, active in whatever community you are a part of, this makes them an even bigger asset. How do you use their influence to your benefit?

Many virtual event coordinators create banners or badges for their speakers to put on their website or blog. These will say something like “I am a speaker at x event” and link to the event. If you want to track how many people use the links from your speakers’ sites/blogs, you can always use a VIP or discount code.

Most public speakers have active social media accounts as well – Facebook, Twitter, Instagram, or a blog. These are another great opportunity for your speakers to proudly announce that they’ll be participating in the event and to encourage their peers and audience to join in on the event. With virtual events, this is even better – the followers are used to interacting with this person virtually, so communication during the event will be very effective.

Are your speakers running/part of their own companies outside of your event as well? That’s a great opportunity to set them up with a virtual event booth. They will be able to interact with attendees not only through their presentation and the chat you set up during/after, but in their booth as well. Curious attendees can learn more about the speaker’s company, which can be a huge selling point to get those popular speakers to participate in your event as well.

Make sure that your communication with your speakers is effective and frequent. This builds a relationship between you, ensuring that the speaker is having the best experience possible, encouraging them to participate in your events again in the future. Well-known speakers in your community often discuss with one another their experiences at events and if yours has been excellent, your speaker may have contacts that would be happy to participate in your future events as well!

Most of all – remember that without presenters, you would not have an event. Your speakers are very important and should be treated as such!