HOW MUCH DOES A HYBRID EVENT COST?
Hybrid events can incorporate a multitude of components and can look completely different from one another. The hybrid experience can be tailored to fit a wide range of budgets. Below are 5 key factors that influence the cost of a hybrid event. The answers to these questions will determine how much your hybrid event will cost. We’ve included some of the common options for each component. The options with more ($) symbols will typically have a larger cost associated with that option.
STREAMING PLATFORM
Where will your virtual attendees go to access the event?
- An existing public streaming site such as YouTube, Vimeo or Facebook ($)
- A landing page on your website ($$)
- A custom event website ($$$)
- A secure, password protected event platform with interactive components ($$$$)
ENGAGEMENT
What type of engagement do you want between your presenter(s) and your audience?
- Simple audio and video content sent to the remote audience for viewing ($)
- Broadcasted content with the ability for live audience Q & A ($$)
- Two-way interaction between the remote audience, live audience and presenter at all times ($$$$)
EQUIPMENT
What additional equipment is needed for your event to go hybrid?
- The event already includes hard-wired internet and cameras therefore the additional hybrid expenses will be streaming licenses, streaming labor and a streaming laptop/computer ($)
- The event did not include cameras or internet so these will be additional hybrid expenses ($$$)
- The event is being broadcast from multiple locations and/or rooms and includes multi-media such as videos, slides, live camera shots, etc. All rooms will need additional equipment for content capture and broadcasting/streaming ($$$$)
CONTENT
What type of content will be broadcasted? Check out our August Newsletter for more details on content options.
- Pre-recorded content from a presenter's location ($)
- Pre-recorded content from a studio ($$)
- Live multi-camera, multi-media content from multiple locations ($$$$)
INTEGRATIONS
What type of integrations and third party apps do you want to incorporate into the event?
- Q & A or chat components ($)
- Third party fundraising apps for collecting donations ($$)
- Attendee community tools, chat rooms and 1-on-1 networking components ($$$)
- Digital exhibitor and sponsorship booths with lead generation tools ($$$$)
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If you would like to learn more about Markey's virtual and hybrid event services,
please visit us at markeys.com or reach out to us via email at info@markeys.com.
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