Digitizing engagement: The next wave of innovation for virtual events

Jim Sharpe, CEO of Aventri, explains how virtual events will evolve in 2021, with new tools and best practices to enhance networking.

Author
Date published
January 14, 2021 Categories

30-second summary:

  • AI-driven recommendation engines will connect online event participants with shared interests.
  • Networking opportunities will feature customized workshops, group chats, social feeds, music, entertainment, games and more.
  • Sponsorship packages will connect buyers and sellers during personalized ask-the-expert sessions and one-on-one video chats.
  • Digital lead capture tools will mirror the showroom experience at in-person events.
  • Virtual event data will provide fresh insights to strengthen sales and marketing.

Marketers tend to agree virtual events are a powerful way to share content. But for driving engagement? The jury’s still out.

In fact, deeper engagement is the No. 1 way organizers want to improve their virtual events, cited by 68 percent of respondents in a new survey by Aventri and Bizbash.

What’s the biggest barrier to engagement?

For many marketers, it’s creating meaningful online networking experiences for attendees, sponsors and exhibitors.

Fortunately, new tools and best practices are changing the game for the better.

That’s why I believe digitizing engagement will be the next wave of virtual events.

This article highlights the top five challenges to deeper online connections. Then it offers solutions to help you deliver rich networking experiences at virtual events in the New Year.

Let’s get started.

Challenge #1: Providing the right tools 

Many virtual events offer basic engagement tools, such as polling, surveys, Q&A’s and chat. But they barely scratch the surface when it comes to networking and community building. 

Virtual events networking solutions

Challenge #2: Driving meaningful connections

At in-person events, networking often happens naturally. People connect during sessions, in hallways, over cocktails or coffee, and more.

Compare this to the experience of today’s remote attendees. Distractions are endless – emails, video streaming services, family members, homeschooling, neighbors, deliveries, pets, etc. Amid the diversions, how can you foster meaningful online connections?

Virtual events networking solutions

Challenge #3: Adding value to sponsorship packages

Today, 89 percent of global organizers plan to include digital components in their long-term strategies, even after travel restrictions end, according to a 2020 survey by Aventri. What’s more, many digital events now are free.

Given these facts, it’s easy to see that securing repeat digital sponsors is key to monetizing current and future events. But how do you create compelling sponsorship packages without face-to-face networking, handshakes or physical spaces to showcase brands?

Virtual events networking solutions

Challenge #4: Connecting buyers and sellers

Post-lockdown tradeshows could look very different from pre-pandemic ones, due to many participants’ lingering health and financial concerns. Marketers and technology providers must work together to close the gap between the online and onsite experiences.

Virtual events networking solutions

Challenge #5: Realizing the revenue-generating potential of virtual events 

Even with engaging digital showrooms, facilitating meaningful conversations between buyers and sellers is a challenge.

With existing solutions, virtual attendees must use multiple solutions, including calendar tools, messaging bots and lead generation forms. Then, they often wait hours in a queue before connecting with experts. Sponsors and exhibitors spend part of their meetings manually qualifying leads – meaning, they have less time to address prospect needs.

Virtual events networking solutions

The pandemic has delivered a crash course in virtual events as a safe, cost-effective way to share content and stay in touch with constituents. Marketers have mastered the new format with remarkable speed.

As the technology evolves, digitizing engagement will be the next wave of virtual events.

Marketers will use new online event networking tools and best practices to:

With these and other innovations, wishing you a safe and successful New Year!

Jim Sharpe is CEO at Aventri, a global leader in data-driven solutions for virtual, hybrid and in-person events. Aventri’s award-winning platform enables marketers to boost results through capabilities in virtual delivery, networking, venue sourcing, registration, marketing, logistics, onsite services, attendee engagement and data analytics.

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