One in three Australians now attend more than 10 virtual events a month, according to a new study that indicates the sharp growth in online events sparked by the need to work and meet remotely could become permanent.
More than half (51 per cent) of the respondents to the Australian study expect to attend even more virtual events this time next year, while four in five say virtual events can be “as good as or better than their physical event counterparts”.
The study, conducted by digital event specialist Redback Connect, follows earlier research that indicated four in five workers (80 per cent) expect face-to-face meetings will decline even when they re-enter the physical office environment.
The latest research also reveals:
- Almost two in three respondents (64 per cent) now attend 6 or more digital events a month
- The proportion of ‘heavy’ digital event-goers (those attending more than 10 events a month) soared from 2 per cent in 2019 to 30 per cent of respondents this year
- Live viewing is increasing, with four in five respondents (83 per cent) attending at least half of all digital events live rather than on demand — up from 64 per cent who did so in 2019
- The most common digital events attended include webinars, internal company meetings, workshops, briefings, external conferences and customer meetings.
“Australians now attend virtual events so often, they know they can achieve most of the things that used to be done face-to-face in the digital environment — at greater convenience and for a fraction of the cost,” said Redback founder and chief executive officer Jeff Downs.
But he said virtual events organisers must guard against “digital event fatigue”: 86 per cent of respondents say they have abandoned a virtual event early — up from 66 per cent a year earlier.
The most common reasons to leave a virtual event early include content that is “not what I signed up for” and presenters that are “too salesy and not educational enough”.
“People won’t put up with irrelevant content, disengaged presenters or a poor technical experience,” Mr Downs says. “Digital events must offer valuable content and be executed well, with engaging presenters, easy-to-use technology and crystal clear audio,” he adds.
Events held in the evenings, at lunchtime and on weekends have become less popular as Australians working from home guard against the further blurring of personal and work time. Tuesday is the best day to host virtual events, while mid-morning is the preferred time to attend them, the study shows.
“There is some misalignment between when organisations are scheduling their digital events and when people want to watch them,” Downs said. “For example, 17 per cent of events are held in the evenings — but only 3 per cent want to attend events at that time. And weekends are definitely becoming less popular: 7 per cent preferred to attend events on Saturdays and Sundays last year, but that figure has dropped to 2 per cent.
“The good news is Australians are leveraging the convenience of virtual events; our data shows people are registering to attend them in record numbers and watching the content on demand if the live time doesn’t suit,” he added.
Audiences are becoming increasingly sophisticated, demanding a more social, innovative and engaging virtual event experience.
“People are looking for meaningful social, educational and commercial ways to interact with each other whether in the virtual or physical event world,” Downs said. “They have taken to video conferencing very quickly and in fact, are open to the use of innovative technologies such as virtual and augmented reality.”
“What also came through in the research is that Australians want event organisers and presenters to cater to different learning styles so they can more easily remember and recall what they learn when attending virtual events.”
Please login with linkedin to commentvirtual events
Across the world, rising costs are causing anxiety and financial struggles for consumers. The worldwide impact of inflation is affecting their outlook and behaviour. More than half of consumers globally are struggling financially because of inflation and the increasing price of fuel, housing and everyday goods. Russia’s war on Ukraine intensifies their concerns around supply-chain […]
Nielsen is releasing its global annual environmental, social and governance (ESG) report to share information in six key ESG topic areas including diversity, equity and inclusion, human capital, governance, data privacy and security, environment, and communities. The report is designed to demonstrate how Nielsen does what it does with responsibly and with integrity—and how that […]
One of Australia’s fastest growing fintech, The Lendi Group has appointed media agency Initiative with its media strategy, planning and buying services across its powerhouse property brands and networks Lendi and Aussie. Initiative was previously appointed by Aussie in February 2020, before the brand merged with Lendi becoming Lendi Group.
Taboola, a global leader in powering recommendations for the open web, helping people discover things they may like, today announced the results of an independent Multichannel Brand Impact study from Kantar, the world’s leading data, insights and consulting company. eMarketer forecasts show digital ad spending in the U.S. will reach $270B in the U.S. by […]