25 Surprising Facts About Event Management
When we think of event management, the first thing that comes to mind is the concept and execution, with a dash of creativity and originality thrown in for good measure. A professional event management team should organize several business conferences and events for clients and implement them correctly. People hire them and let them execute the event. Here are 25 surprising facts about event management that you probably didn’t know.
- The event saves both time and money—an event brings together all of the big brands associated with a specific specialization under one roof or meeting, allowing everyone to attend, saving money and time
- A Technology-Inspired Event — Technology is all around us. According to statistics, the number of attendees increased by 20% with remote access, expenses decreased by 20% to 30%, and productivity increased by 27%.
- For any event, a mobile app is now a prerequisite.
- Registration through the App acquires more forms than paper format forms.
- According to HubSpot, event marketers charge 20% less than traditional marketing.
- Digital Payment Facilities: Nowadays, many individuals travel without cash, so having a digital pay
- The meeting’s activities and theme should be consistent with the meeting’s topic and concept; attendees come for that purpose alone.
- According to current trends, the length of a presentation should be between 20 and 30 minutes; extended presentations are no longer appreciated.
- 79% of those in the audience research the topic.
- Event management profit tends to increase from social media exposure and public relations.
- Organize workshops at the appropriate location. Host an event where you can attract more clients and customers.
- 92% of event participants are looking for new business opportunities, knowledge, or products.
- 85% of people agree to save time and money by attending events.
- Word of mouth benefits events; one person sends information to at least six individuals.
- A wide range of products is available under one roof, making the selection process more efficient.
- The event’s digital marketing strategy is vital and highly effective.
- 79% believe that events are a significant source of revenue and business.
- 25% of the budget is allocated to event contingency planning.
- Twenty-first-century event marketing is attempting to incorporate virtual reality.
- During events, 75% of sponsors explore new partnerships.
- 63 percent of marketers use trade shows to generate leads.
- Events bring new ventures and businesses to the foreground.
- Over digital advertising, email marketing, and content marketing, events are ranked as the most effective marketing channel by 41% of marketers.