These 4 Event Trends Were on the Rise Pre-Pandemic – Here’s How They’ll Impact Future Events

November 5, 2020

Even before borders closed across the globe, event attendees’ time was hard-won — travel, meetings and digital content pulled their attention (and calendars) in many directions.

In short, the demands for our collective attention have only increased. Virtual schooling for children, endless free digital events and hours of conference calls have become the new normal. For those fortunate enough to work from home, the shelter-in-place order has only amplified our chaotic world — and event organizers are now challenged to create novel ways to entertain and engage audiences virtually.

To succeed in this environment and beyond, event pros must think beyond the short term. If one thing is certain, it’s that preexisting event trends will combine with behaviors learned during social distancing, resulting in new attendee needs in the future. In other words, as event teams rethink what their strategies will look like in the months to come, they should consider where events were headed in the first place.

Here are four key corporate event trends we saw in action before COVID-19 — and what they’ll mean for events on the horizon:

Hyper-personalization

Hyper-personalization takes personalized B2B marketing a few steps further by leveraging artificial intelligence and real-time data analytics to deliver more relevant content, product and service information to each individual. If done right, a hyper-personalization strategy can increase revenue by 5% to 15%.

The shift to purely virtual events means there’s no better time to introduce hyperpersonalization into your program’s strategy. With every attendee interaction taking place online, each click becomes a digital breadcrumb that helps you recommend an intelligent path forward — one that beckons attendees to dive deep into content they’ll care about. Creating a “smart site” not only improves your attendees’ experience, but also provides valuable data to internal stakeholders and event sponsors by granting insight into attendee behaviors for a measurable return on investment.

Face-to-Face Connections

Considering that networking is the top priority for 82% of corporate event attendees, conferences should continue to build out and reimagine opportunities for making face-to-face connections.

Although keynote and breakout content can fluidly pivot to online platforms, crafting a one-to-one connection strategy for attendees will require some creative problem-solving. Consider your particular attendee demographic when devising networking solutions: A virtual hackathon can bring together developers, a Reddit-like forum filled with dedicated experts unites product users and limited-capacity “birds of a feather” online happy hours will create gathering places for like-minded attendees. Creating a variety of engagement opportunities for attendees lets your event team avoid the trap of a one-size-fits-all connection plan that runs the risk of falling flat.

Sustainability

Finding ways to reduce, reuse and recycle is no longer optional, as attendees are looking to corporations to take charge in addressing environmental troubles. Even venues are taking the issue seriously, with sustainability listed as a high-priority goal for 90% of event sites.

Your sustainability plan doesn’t have to stop while face-to-face events are on hiatus; a “design once, use endlessly” philosophy can be applied throughout virtual events as well. By creating a holistic communications plan, event teams can craft high-quality content that can be reused for other programs or become “always available” online — saving teams from wasting time and electricity creating single-use videos and media.

Go the Extra Mile

Traditional surprise-and-delight elements can be all sparkle and no substance, but going the extra mile is all about creating a thoughtful extension of the event experience.

Although the current climate clearly means your attendees won’t be queuing up for coffee before a keynote, there are still thoughtful considerations you can apply to your event. Savvy event teams will still begin brainstorming during the site survey — that is, as they select their virtual event platform. And with the current nationwide increase in viewing online media and events, everyone on your event team can offer an informed perspective about what works at a virtual event.

Consider also integrating nonvideo content in your experience to alleviate videoconference fatigue. This helps attendees remain alert and engaged with each other and your content. From a virtual guided meditation room (to allow attendees to quiet their minds during a busy day of sessions) to gamified training (so attendees can have fun as they take certification courses), try to think outside the video frame to engage and entertain.

With the countless shifts that have happened in the past few months alone, event organizers have to accept not just a halt in many events for the near future, but also a new reality when in-person events do pick up again. To best prepare, event pros should consider where the events industry was headed — toward heightened personalization, more opportunities for human connections, and a keen eye for sustainability and thoughtful attendee experiences — and consider what those will mean in a post-pandemic world.

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MGM Resorts is committed to fostering an inclusive and diverse culture, not just among employees and guests but also within its supply chain. The company prioritizes procuring goods and services from businesses owned by minorities, women, veterans, people with disabilities, LGBTQ individuals and those facing economic disadvantages. This commitment is integral to MGM Resorts' global procurement strategy.    Through its voluntary supplier diversity program, MGM Resorts actively identifies and connects certified diverse-owned suppliers to opportunities within its supply chain. The company is on track to spend at least 15% of its biddable procurement with diverse-owned businesses by 2025, demonstrating that supplier diversity is not only a social responsibility but also a strategic business imperative.    Supplier diversity isn’t just the right thing to do – it’s good for business. A diverse supply chain allows access to a broader range of perspectives and experience, helping to drive innovation, entrepreneurship and resilience, while strengthening communities. At MGM Resorts, engaging diverse suppliers ensures best-in-class experiences for guests and clients. Supplier diversity ensures a more resilient supply chain while supporting economic development in the communities in which it operates.   The impact of MGM Resorts' supplier diversity initiatives is significant. In 2023, these efforts supported over 3,500 jobs across more than 30 states, contributed over $214 million in income for diverse-owned businesses and generated more than $62 million in tax revenue. The story extends beyond the numbers – it reflects the tangible benefits brought to small and diverse-owned businesses, fostering economic empowerment in their communities.    MGM Resorts also supports the development and business skills of diverse-owned businesses through investment, mentorship and education. Through the MGM Resorts Supplier Diversity Mentorship Program, the company identifies, mentors and develops diverse-owned businesses to fill its future pipeline, while providing businesses with tools and resources to empower and uplift. Since 2017, the program has successfully graduated 105 diverse-owned businesses and is on track to achieve its goal of 150 graduates by 2025.     MGM Resorts’ commitment to supplier diversity not only enhances its business operations but also plays a crucial role in uplifting communities and fostering economic development. This approach reinforces the idea that diversity is a powerful driver of innovation and resilience, benefiting both the company and the wider community.