Note: This has been cross-posted on my previous former employer’s company’s blog, which . Furthermore, my company offers virtual events solutions.
Over the past year, virtual events (e.g. virtual conference, virtual tradeshow, etc.) have gained in popularity due to the economic recession and budget restrictions. As more conferences consider a virtual companion to a physical conference or even going virtual all together, this represents a new arena for public relations professionals:
- - No longer can you stand outside the press room and grab journalists for an impromptu interview
- - You don’t have to walk or run a mile to get from one meeting to another with your client close behind
- - What? – no late night cocktails with the reporter listening to a band from the 80’s?
How Public Relations Can Take Advantage of a Virtual Event
All kidding aside, I think this is something that will become more commonplace. Here are my recommendations the next time your client attends an event with a virtual component:
* Staff the Booth: In a virtual world, there are no limitations on the number of booth staff. Your team can now staff a virtual booth alongside your customer. You will get to read what customers and prospects are seeking, which will make you more informed about your customer’s business. When a media or analyst comes to the booth, you would be the go-to person.
* Include Media-Ready Content in the Booth: Depending on the virtual event, the client will have 3-5 tabs for content. Recommend that one tab includes information that would be valuable to press and analysts, such as fact sheets, company backgrounder, link to the corporate blog, link to your online newsroom, and other resources.
* Participate in the Networking Lounge and Auditorium Chats: Most of the participants are in these two locations. Participate in these discussions as reporters may be asking questions of attendees, seeking resources, or participating in a subject-matter discussion. If the topic discusses your company or product, consider inviting the reporter to a private chat or to come by the booth to learn more. As everything, just make sure to be relevant to the reporter.
* Hold a “Virtual Press Conference” in Your Booth: Like a physical event, you can schedule time to have a “virtual press conference” for an announcement and Q&A with your executives. The benefit is that you can potentially drive more participants as there are not travel requirements. The Q&A would take place via the group chat, recognizing that this is visible to everyone. And remember, this takes the same amount of preparation as a normal press conference!
* Invite Press/Analyst to the Virtual Event: Virtual conference and tradeshows are fairly uncommon. If this is one of the first events in your industry, then press and analysts may be curious to learn more. Take this opportunity to invite them to the virtual event and discuss why your company is participating in the virtual trade show. Just be aware that registration is required to attend. Since most of this is free, consider setting up email aliases, e.g. firstname.lastname@example.org, to manage reminders directly with the reporter. Otherwise, have the reporter sign up directly.
In the end, a virtual conference or trade show represents an opportunity for public relations. I’ve heard of a few instances where press and analysts have been invited to invitation-only events online, I do anticipate this to increase as larger, more public conferences consider virtual components. When this happens, will you be prepared?
Part of this is due to the heightened scrutiny on how financial institutions are spending money since the financial meltdown. Starting with AIG and now with Morgan Stanley’s announcement, public corporations are weary of holding large “destination” events that are seen as too extravagant. In addition to outright canceling these events, this is giving rise to virtual events.
I’ve been noticing an interesting trend in my LinkedIn discussions recently. People are concerned about the decline of attendance at physical events or the outright cancellation of these events. Event organizers from publishers to corporate planners are struggling with how to maintain relevancy at a time when the bottom line is ruling decisions about corporate events.
Are Virtual Events the Answer?
Virtual events are seen as more cost-effective for both the company and attendees – no travel, no lodging, and no catering costs. Furthermore, there are various technology tools available to ease person-to-person communications or to recreate a networking environment.
While I am a huge advocate of virtual events ranging from online seminars, virtual summits, virtual tradeshows to conferences and sales meetings, I do believe that going virtual isn’t necessarily the right answer for everyone. Instead, if you take a step back and look at the larger picture, there may be other options available to you and your customers.
Questions to Ask
What is the objective of your event? – Determine why you’re holding this event. Is this an employee motivation get together, a white-glove customer event or a sales training meeting. I would argue that a white-glove customer event is important for future business while a sales training meeting can easily be moved to an online format. As for the employee motivation get together, this can be done in a hybrid approach which I will describe below.
How technically savvy is your audience? - If you decide to do a virtual event, you have to confirm that your audience is computer literate and has access to the minimal computer requirements. For example, my sister is a nurse. While she has access to a personal computer, her hospital doesn’t. So you have to consider the logistics of holding an online event with these constraints and how your audience will be able to view and interact with your content.
Will your audience prefer in-person, virtual only or both? – In addition to technical savvy, another consideration is how your audience prefers to interact. If they prefer in-person, then you can consider other ways to provide an in-person experience while minimizing cost considerations.
Why not a hybrid approach? – I think one overlooked strategy is looking at what I call a hybrid approach – an in-person event with a virtual component. This approach works when a core segment of your audience prefers in-person events for educational networking purposes, while another segment may be unable to attend due to personal, professional or cost reasons. I also believe that this works when looking at corporate events. For example, Cisco announced that they were canceling their global sales meeting in favor of a virtual event. Assuming that one of the main reasons for a sales meeting is to recognize your top sales folks, you can still hold regional in-person events to recognize these individuals or have an invite-only webcast with the CEO. This imparts exclusivity, while holding a virtual event for general sales training.
If you decide to go virtual, then what tools are there to facilitate your objective? – There are many virtual trade show and world vendors on the market, such as InXpo, Unisfair, Nortel’s web.alive and even Second Life, who can work with you to build out the right environment. Alternatively, you can start small with a web conferencing type of solution to create a webinar program. Regardless of how you decide to proceed, you can then layer social media tools (many are free) to further engage your audiences. And if this is truly a dedicated audience, possibly nurture a community built from the event itself.
Right now, the first reaction is how to cut costs by eliminating physical events. Furthermore, the current market conditions will enable virtual worlds/events vendors to grow and demonstrate the true value of going virtual.
I believe that as companies and event organizers take a step back, people will realize that there are different options available to them to achieve the same objectives cost-effectively.
Cece Salomon-Lee is director of product marketing for Lanyon Solutions, Inc. and author of PR Meets Marketing, which explores the intersection of public relations, marketing, and social media.
This blog contains Cece's personal opinions and are not representative of her company's.
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