By Lance A. Simon, CGMP, CVEP
So -- you want to implement your first virtual conference! Any good conference starts with a good proposal. Let's take a closer look at the key elements that can help sell your virtual conference project. Think it's just about cost savings? Think again. Here are 5 top benefits you want to highlight.
1) Implement significant cost savings.
A virtual conference eliminates many physical conference costs - travel (of course!) but also conference rooms, advanced materials, on-site support, meeting materials & printing costs, and on-site A/V services. I recently worked with a CDC meeting planner to compare the costs of a basic 3-day physical conference with a comparable virtual conference. We compared 2 sizes - 350 and 1,000 attendees. Costs excepting travel were approximately the same for a 350 person meeting. But the virtual conference scales up with much less cost per incremental attendee --virtual conference costs were 20% lower than a physical meeting, or a whopping 75% lower if travel is included!