Next week, PCMA and the Virtual Edge Institute will release a new research report that takes a fresh look at the role of digital technology in the meetings industry.
Instead of the typical "virtual versus face-to-face" approach, this survey took a comparative approach, looking at how digital technologies can best be used within the framework of meeting environments. The survey asked: Why do people attend in-person and online events? What business goals are being achieved? How are attendees engaging within these environments?
Check out the full survey information.
Several points that I found interesting from a meeting planning perspective, which reinforce my opinion that virtual events just aren't going to replace face-to-face events any time soon:
1) The networking just Isn't the same. Only 33% of people surveyed said they traded contact information with other attendees in a virtual meeting, versus 78% of people at a face-to-face meeting. That's a lot fewer connections being made.
2) Attendees pay less attention. Virtual meeting attendees are more likely to IM due to boredom, shop or surf the web, take a phone call, check email, and leave the meeting than face-to-face meeting attendees. Online attendees are easily distracted, which means your content and delivery has to be twice as engaging to deliver the same educational value.
3) You'll have to charge less. Only 25% of people surveyed said they would pay the same for a virtual event as an in-person event. That's 75% who expect virtual events to cost less. Pretty important stuff when it comes to evaluating revenue and expenses for your next event.
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