Imagine this scenario. You and some friends throw on your favorite team jersey and head to a local restaurant with surround sound speakers, wall-to-wall TVs, and 50 other fans who can’t wait to watch the championship game. Later, you receive a text from friends at the game and a FaceTime call to celebrate a score. Whether you realize it or not, you’ve just experienced a hybrid event. From watching live concerts and real-time sporting events at home, to participating in a company meeting while caring for a sick child, hybrid experiences are part of our everyday lives.
For organizations, hybrid events can be as effective if not more effective than in-person events and provide opportunities to expand your brand reach far beyond the walls of an expo hall or conference center. The ongoing success of virtual experiences have now catapulted hybrid events into the mainstream. In fact, 91% of event marketers believe hybrid events play an important role in future event planning.
Hosting a hybrid event, however, may not feel as simple as participating in one. To understand hybrid events better and decide whether they’re right for your business, let’s first break down the various differences between in-person and virtual events.
In-person vs virtual events
When you think of live, in-person events, you may envision traditional experiences such as:
- trade shows
- conferences
- continuing education classes
- social networking events
- business after-hours
- company meetings
- holiday parties
- customer or employee onboarding
These events are commonly used for businesses to meet in person, sell their products and services, and build long-term relationships and brand loyalty. Although travel is still not what it was before COVID-19, there are still benefits that come from meeting face to face. But event marketers need a well-planned strategy to create an engaging event that is worthwhile for audiences to invest in and attend.
Virtual events
With virtual event management platforms like Zoom Events, organizations can host a variety of successful online experiences, including:
- trade shows
- conferences
- continuing education classes
- social networking events
- business after-hours
- company meetings
- holiday parties
- customer or employee onboarding
If this list looks familiar, it’s because modern technology makes it possible to host many of the same events online as you would in person. When the world shifted to virtual experiences, it became apparent that with the right planning and tools, marketers could host similar events remotely that would generate the same benefits, if not more.
In addition to sustainability and reduced cost savings for things like travel and event space rentals, virtual events enable businesses to host far bigger experiences online than they could in person. In 2021, Zoom hosted its annual user conference, Zoomtopia, remotely with 33,000 attendees from around the world as well as its most recent sales kickoff and first-ever hybrid Zoomtopia experience in 2022. With these benefits, it’s understandable to learn that 63% of event marketers plan to conduct the same number or more virtual events in the coming year.
In-person + virtual = hybrid events
The ability to host online content and simultaneously unite live audiences and virtual attendees mirrors the shift to today’s hybrid workforce. Just as employees can work from anywhere, the flexibility and freedom to choose where and how to attend an event is what makes hybrid events so attractive. Not only do they bridge the gap between audiences, but they’re growing in popularity, with event marketers planning to dedicate 37% of their budgets in the next year toward hybrid experiences, more than the previous two years.