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How to Plan a Virtual Event: Monetizing Your Event With Sponsorships

Wednesday, June 10, 2020 - 13:45
How to Plan a Virtual Event: Monetizing Your Event With Sponsorships

If 2020 has shown us anything, it’s that in-person events present risk factors that must be taken into account as plans are made; virtual back-up plans are critical. 

And as Virtual Events work their way into the everyday lexicon of corporate conversations, questions inevitably present themselves. 

One such question is “how can I monetize my Virtual Event?” 

Hosting a virtual event includes both hard and soft costs. Obviously, there is the cost of the event technology. Beyond that, however, are costs associated with A/V and presenters’ equipment, as well as the time and resources necessary to successfully plan, sell, and execute the event. 

These costs can be intimidating, and it’s reasonable for event planners (and their company stakeholders) to question how a Virtual Event will produce ROI. 

The answer lies in sponsorships.

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What to Read Next:

How to Plan a Virtual Event: Creating the Event Strategy & Goals

How to Engage Your Virtual Event Audience

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