According to The Virtual Edge Institute and ROI of Engagement, from their study "Measuring and Maximizing the Impact of a Hybrid Event," about why people attend in-person events versus
remotely (virtually), 43% attended in-person to expand their network 41% preferred personal interaction with presenters/and or attendees 30% say they learn better in person, and 26% build deeper
relationships with their network.
On the other hand, 56% of remote attendees focused on cost savings, 52% on time savings, 40% said to attend only the sessions wanted, and 37% just wanted to try a
virtual event. And, if no virtual option was available, 93% of virtual attendees would not attend the in-person event, whereas 78% of in person attendees would attend a virtual option.
Shortly following the Summit, participants were asked to provide their evaluation of the event and provide comments about their experience. The questionnaire used a five point scale
with one (1) being the lowest rating and five (5) being the highest. A summary of findings and a complete reporting of all data and comments was presented to Summit management. The results
from direct observation, responses to the questionnaire and written comments provided by participants revealed valuable insight into how participants think and feel about their experience.
The report includes a brief summary of results and key findings.
An important measure of success is whether attendees plan to use the information obtained and skills gained once
they return to the workplace. According to questions relating to the action planned to take following the Summit:
- 86% of participants plan to present virtual solutions to their
company/clients.
- 74% plan on using virtual solutions with an existing program.
- 67% plan to use virtual solutions to create a new program.
- 66% plan on
using new technology platform in the following year.
In order to determine what motivates the decision on how to attend the meeting attendees were asked to select from a list
of reasons for attending and provide comments.
Why Attend in Person vs.
Remotely |
Reason | % of Respondents |
Expand professional network | 43.38% |
Other | 43.38 |
Prefer in-person interaction with presenters and/or attendees | 41.8 |
Learn better in-person | 30.15 |
Build better/deeper relationships with existing network | 25.74 |
Source: Virtual Edge, June 2011 |
Pros of in-person attendance:
- Rich networking opportunities
- Face-to-Face
networking
- Break from work
- No office distractions
Cons of in-person attendance:
- Time out of the office
- Cost of
attending
- Travel and weather hassles
Reasons for Virtual
Attendance |
Reason | % of Respondents |
Saved money | 55.68% |
Saved time | 53.41 |
Selective session attendance | 39.77 |
Interest in "trying" | 36.36 |
Other | 29.55 |
Learn better (this way) | 4.55 |
Source: Virtual Edge, June 2011 |
One of the perceived concerns surrounding hybrid events, says the report,
is that once a remote option is introduced to a traditional, in-person event, in-person attendance will decline. A key finding of this study, however, is that 93% of virtual attendees would
not attend in-person if the virtual option was eliminated. This dramatically confirms the power of a virtual option when it comes to extending the reach of an event.
If no
in-person, would you have attended remotely?
If no virtual option, would you have attended in-person?
Results from the
study revealed some important differences between the in-person audience and the remote audience, says the report. One of the largest differences between the two audiences came from the
responses to related statements about relationships and networking.
Barriers to
Success for Virtual Audiences; (Average Meaningful Differences Between In-Person and Virtual Audience; 5 = Excellent) |
Meaningful Difference | In-Person 2010 | In-Person
2011 | Virtual 2010 | Virtual 2011 |
Better/deeper relationships with people in my professional network | 3.85 | 3.84 | 3.02 | 3.14 |
Know more
people to help with implementation of virtual solutions | 4.1 | 4.03 | 3.81 | 3.61 |
Sufficient opportunity for networking during Summit | 3.87 | 3.62 | 3.0 | 3.0 |
Source: Virtual Edge, June 2011 (comparison of 2010 and 2011 sessions) |
A short recap of recurring themes from insight gained from comments provided by attendees is included in the report. The two most important takeaways from the Virtual Edge Summit
(In-Person Attendees) include:
- 10% of respondents stated virtual technology enhances face-to-face meetings
- 9% of respondents stated they liked the interactions
with the other attendees/networking
- 6% of respondents listed the networking opportunities
And, the two most important takeaways from the Virtual Edge
Summit" (Virtual Attendees) include:
- 15% of respondents noted the general knowledge gained on the industry.
- 14% of respondents stated that a virtual element can enhance
a live meeting and that concept is here to stay
- 9% of respondents noted the opportunity to see multiple platforms
When responses were filtered by generation,
they revealed a surprising similarity in results across the generational groups. The average of all responses from:
- Boomers (born 1946-1964) was 3.86
- Gen X'ers
(born 1965-1981) was 3.73
- Millennials (born 1982 to present) was 3.83
Among the few noteworthy areas of difference support that Millennials are increasingly becoming
advocates of virtual technology solutions. Millennials rated the following areas higher than Gen X'ers and Boomers.
- I am more confident that virtual solutions can
accomplish business objectives
- I am more confident that my audience will benefit from virtual experiences
- I have more trust in virtual technology platforms available
today
- I am more excited about the future of virtual experiences
The primary benefit of measuring the results of events is to gain insight that can
fuel evidence-based continuous improvement, concludes the report. The following recommendations were developed by the ROI of Engagement Team in collaboration with Virtual Edge Institute,
based on survey results:
- Enhance attendee experience with best of class event production. Consider partnering with a firm for all audio/visual production, content and
speaker management
- Add quality control measures to assure high level of quality for content and delivery
- Develop innovative means to connect people, both with in-person attendees,
remote attendees and with each other
- Maximize and extend networking opportunities by deliberately allocating time and organizing activities that connect both audiences before, during
and following the event
- Develop ways to integrate the in-person and virtual attendees so they can communicate better during sessions
- Deliver clearly on a value proposition that
focuses on time and money savings when marketing to remote attendees
- Measure results following the event in order to identify gaps that will allow successful continuous
improvement
For more information about
"Measuring and Maximizing the Impact of a Hybrid Event," please review the release and access the PDF complete report here.