Current Trends Event Companies Can Consider For Sustainability And Continuity
Updated: Aug 2
Singapore has just announced that the pandemic lockdown will be extended to 1st June 2020. Only essential businesses and services will be operational during this period.
Event companies can probably expect recovery to begin in 2021 at the earliest. In the meantime, some companies have wound down while others have taken or are in the midst of taking loans to sustain their businesses and to avoid making their staff jobless. Some events industry employees that I personally know have even volunteered to take pay cuts to help their companies stay sustainable.
After the lockdown period is over, there are 3 types of events that #eventcompanies can consider offering to their clients for sustainability and continuity in these uncertain times,
virtual reality events
live feed events
Virtual events is conducted over an online platform that offers actions such as a chatroom, games, quizzes and voting. These events are normally for virtual job fairs, virtual trade shows, virtual meetings and etc. Access to a computer or mobile with an internet connection is required for all participants as such it might be a little cumbersome for the older generation.
Virtual Reality Events
Virtual reality is an option for event companies to offer their clients as it allows people from all over the world to attend and experience and event without physically being there. In the past this was usually an option to complement an event. However in these times, it can be the entire concept. The only logistical issue that event companies and their clients will face with virtual reality events is that VR equipment must be owned or issued to all participants.
Live Feed Events
Live events are events that do not require the audience to be present at the venue. After sourcing for the right venue, the #eventcompany that you have engaged can liaise with the venue to setup for stage performances including entertainment, auctions, speeches and etc. with a live feed connecting the audience in their homes through a computer or mobile. For live feed events, the expertise of AV companies is important to ensure quality audio, video and lighting effects.
These are some options you can consider as an event company to stay sustainable till recovery is in sight.
What to do in the meantime in this lockdown period?
Stay safe, spend time with your family and here are some great Anime shows you can watch on Netflix.
Monster Hunter X
Dragons Race to the Edge
How to Train Your Dragon
Dawn of the Dragon Races
The Rising of Shield Hero
The Dragon Prince
One Punch Man
Full Metal Alchemist
Cagaster of an Insect Cage
Avatar: The Last Airbender
We will get into other genres in our next post!
Feel free to drop us an email at firstname.lastname@example.org or call us at +65 6683 9541. Alternatively to find out more about the event services offered by our event company, visit us at Electric Dreamz!