By the end of 2020, Millennials are expected to dominate the global
workforce (35%), while in the UK we are already seeing them reach this status
(50%). Not far behind, Gen Z (mid-1990s – 2010s) are already having an impact
on the way we structure our working lives, with their new-age mindset
influencing business decisions such as hyper-connectivity and reassessing
company ethics.
With generational change, comes a responsibility for event planners to
consider new event formats and activities to align with their evolving demographic.
Having only known a highly connected world, Gen Z expect to consume
information quickly and conveniently. Detailed presentations and lengthy
meetings aren’t going to cut it, so event planners need to think creatively to
maintain the quality of information absorbed without increasing the quantity.
This is what we call the ‘Experience Effect’. No longer will events be
reviewed by the excess of their giveaways or the amount of information shared,
but by the experience attendees had from pre-arrival to post-event. Greater
attendee engagement leads to higher output, and a higher output leads to a
greater return on investment.
Recognising these evolving changes, at ETM, we take these
considerations seriously, which is why we map out the delegate experience from
the very first touchpoint to the very last.
We incorporate meaningful, high impact, technology such as customisable
event apps, live streaming and digital walls into the overall event strategy, as
an effort to drive engagement and improve efficiency.
App technology is becoming increasingly popular, with buyers recognising
the value of connecting their delegates before they set foot at the venue. From
instant messaging and social walls, through to gamification and pre-event
information, apps can be used as the event’s foundation and provide a great
source of digital information for effective ROI measurement.
For example, at the request of one customer to facilitate a more social
environment for staff from various offices meeting for the first time, ETM
developed a ‘social wall’ within the customer’s event app. Delegates were able
to share photos throughout the three-day conference, and engage with others by
liking or commenting. By replicating their usual social media habits, the
delegates began to get to know colleagues in a way that felt familiar and
un-forced.
App technology also encourages audience participation during speaker
sessions, mitigating the issue of audience stage-fright, by allowing delegates
to ask anonymised questions or provide comments. There’s also opportunity for
speakers to upload FAQs prior to sessions to assist with any pre-empted
questions. By doing so, event organisers can reduce the length of sessions,
resulting in higher levels of engagement throughout.
But what about the other elements of an event? We are also observing new
trends emerge in the format and theme of events, as businesses adhere to a heightened
consideration of CSR. Afterall, studies show that societal impact and ethics are
the most common reasons why Millennials change their relationship with
businesses.
Increasingly we are asked by customers to report on the environmental impact
of their events, and to recommend a strategy to minimise this impact. In
response, our travel analysis provides a carbon calculation so we can work out
the most sustainable way for your delegates to travel. We also propose venues
that are forward thinking and evidence their initiatives to becoming more
sustainable.
Customers are also requesting that team-builds include activities with
a charitable or ethical element. For example, organising plant-based cooking
classes for your delegates could educate them on more sustainable food options
that still taste great. If it’s good enough for the 2020 Oscars Ceremony, it’s
likely to go down well for your delegates too. By using locally sourced
ingredients from the area your event is hosted in, you are also supporting the
local economy and giving delegates an authentic cultural experience.
While incorporating ethical elements into your event activities is a
great way to engage your Millennial and Gen Z audience, it often involves a lot
of time and effort. That’s why it’s important to partner with an event agency
that has experience in creating tailored event solutions, recommending suppliers
that align to your company’s values and initiatives, whilst considerately managing
your budget.
Meet ETM on the CTM stand (B620) at Business Travel Show in London next month register for a FREE visitor pass www.businesstravelshow.com
To
find out more about ETM, their services and the events industry horizon, register below to meet a senior member of the team or contact James Kent on
07384816638 https://info.travelctm.co.uk/business-travel-show-2020-book-a-meeting-with-etm
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