7 key benchmark for virtual events know them! You will love them!

HEXAFAIR 80% FREE REGISTRATIONS 7 KEY BENCHMARKS FOR VIRTUAL EVENTS KNOW THEM! YOU'LL LOVE THEM! BENCHMARK 1 80% FREE REGISTRATIONS In 2020, over 80% of virtual event registrations have been free. Businesses have recorded enormous revenue generation & brand promotion with massive audience BENCHMARK 2 reach. LOW PRICING In June 2020, the average ticket price for a virtual event was $254, which is very low when compared to April ($511) and May ($368) pricing. Event marketers are breaking barriers of entry to enable more registrations to their virtual events BENCHMARK 3 54% CONVERSION Eversince the pandemic, on average, virtual events have recorded over- the-top conversion rate (54%) from registrant to virtual event attendee. Content design specific to target virtual audiences with ample space for attendee engagement is noted as one of the key aspects behind conversion. BENCHMARK 4 68% WATCH RATE For all virtual sessions that are 20 minutes or longer, the average attendee watch rate is 68% per virtual session. This proves the remote audience's interest to connect & engage virtually. Further stunning visuals, rich content and stand-out features also hold a key role in attendee engagement. BENCHMARK 5 VIRTUAL EVENTS V/S WEBINARS An exhibitor can host an average of 12 sessions per virtual event. Webinars typically consist of single panels or sessions. But, virtual events offer a stage for diverse presentations as keynotes, panel discussions, workshops,. roundtables, happy hours, entertainment and many more. BENCHMARK 6 OVER 58% ENGAGEMENT Over 58% of online events today enable attendees to go "on stage" and participate. These sessions are short, friendly and engaging with a holding capacity of 300 live attendees. For broadcast level virtual sessions, the interaction between the stage and attendees is limited to text-based BENCHMARK 7 activities like a live Q&A or polling for greater audience reach. 62% SINGLE-DAY EVENTS Out of 210 virtual events hosted, over 62% of them were recorded as single- day events. Organizers are noted investing in this trend with multiple or concurrent sessions. The next best-recorded events are three-day virtual events with 10.5% followed by two-day events. While some brands were also noticed experiementing with events that can last for a long term. HexaFair provides Immersive Experiences to your Virtual and Hybrid Events! Source Info:- https://blog.bizzabo.com/virtual-event-benchmarks