How to boost customer acquisition and ROI: Virtual events guide for B2C companies

Sanchi
• January 8, 2021
Airmeet Blog b66
Share on facebook
Share on linkedin
Share on whatsapp
Share on twitter

J

ust as running a Fortune 500 company is different from running a start-up, hosting a virtual event for a consumer company is different from hosting events for a B2B company. The sales funnel for a B2C company is different from that of a B2C company and thus the marketing and sales events requirements are different. The B2B event has a clear purpose, it will be goal-oriented, and decisions will be made keeping business requirements and budgets in mind.

B2C, on the other hand, is an entirely different ball game. Here you are talking to your customers directly. Lead generation is about building a relationship and developing that trust with your customer. Decisions are made based on requirements, benefits, emotions and affordability.

But for your customer to make a decision, he/she needs to be aware of your brand and offerings. How do you leverage a virtual event for this, and how can you make the event profitable? Detailed in this blog are a few ways to do just the same.

Read: Event trends to watch out for in 2021

Customer acquisition using virtual events

Event ideas are a dime a dozen. But what are the events that help you acquire customers? Listed below are few event ideas which are definite crowd pullers. 

Product launch: A new product launch is a crowd magnet. If your product solves customer pain points and your brand is adored and trusted by your customers, they will keenly wait for your next product launch. Make this a significant event by inviting media, social influencers, critics and of course, your audience as well. Live stream the event and gain more viewership.

This will all directly translate into conversions for you. One company that follows this technique is Apple. In September every year, Apple hosts special events where they launch their product of the year.

Summits: This will be more of a knowledge-sharing event. Get together industry experts fin your domain and organise your event. It could have a short presentation being made by them or could also be a moderated panel discussion. If you manage to get the right group together, your event will be a definite success.
Chats: Record customer feedback and experience. It is probably the best publicity that any company can get. So, organise a moderated chat with your satisfied and/or loyal customers. Let them share their experiences. Remember they don’t need to talk about the good points alone. If there are customers who have faced some issues, discuss these as well to make the discussion more genuine. The chat can also focus on how the issue was sorted. It will highlight the customer care policies that are in place.
Celebrity events: Among all your customers seek out those who have some kind of following or influence on the media. If you have ample budgets, you could also have a celebrity/social media influencer as your brand ambassador. Have an event where they are interviewed, and where they can also promote the product. Celebrities always attract crowds, and your event will also do the same.
Exhibition: If you are co-hosting the event with other players, you could all host a virtual exhibition. Here your customers will be able to visit different virtual booths, learn more about the product details and get instant answers to questions. You could also offer discounts and offers at such events which will boost participation and sales. Exhibitions work very well if products of the hosting companies complement each other.
Gamification: Gamification is the next big thing in virtual events. Adding some game mechanics and principles not only attracts the audience but also increases their engagement. For instance, you could host a quiz at the end of the event to check how much did your audience learn and liked your product and as a reward offer a discount on a purchase. This makes your event fun and lets you gather vital information directly from the audience.

Whatever the event type you choose, build a relationship with your customer. Because relationships always last longer!

Read: How to create your event budget

Monetisation through virtual events

Hosting a virtual event involves cost. Monetising virtual events can help improve ROI. So, how can B2C companies monetise their events?

Sale of goods: Being a consumer company you will have some goods to offer your audience. If you have a quality product which is priced well and the right audience, undoubtedly you will have good sales. You can make the sale in your event attractive by offering discounts and other offers.

Ticket sales: Nothing good comes for free. If you are hosting a knowledge-sharing event for your consumers, charge them for the same. Ticket pricing, offers, discounts can be your prerogative. But, ticketing is an assured way of income generation in virtual events.

Paid access to podcasts/streams: if you decide to produce a podcast or have recorded sessions from your events, this is a bank of information and knowledge. Do not give these away for free. You can have a subscription for your podcasts, and your VOD can be paid instead of free viewing.

Co-host events: In the event of your programme not attracting enough audience, you can consider co-hosting the event. Find and partner with a company who has similar goals. Such events are advantageous for the audience because they pay for one event and have the opportunity of meeting two consumer companies.

Read: Complete guide to generating SaaS leads via virtual events in 2021

“People do not buy goods and services. They buy relations, stories and magic.”

– Seth Godin.

“People do not buy goods and services. They buy relations, stories and magic.”

Conclusion

Irrespective of the kind of event you are hosting, remember that you are not selling goods alone. Through your event, you are building relations, creating stories and making magic happen. Remember this mantra and follow the tips mentioned above, and you will soon be hosting events that will be beautiful memories for your customers. 

Virtual Events & Community Building Insights
Subscribe to Get Updates (we promise no spam)
Subscribe
Notify of
guest
0 Comments
Inline Feedbacks
View all comments
You might also like
Sumithra
May 5, 2022
April was an action-packed month here at Airmeet. Say hello to Event-led growth and our exciting set of updates that will help you unlock the potential of events. We hosted an AMA with Mark Kilens, our new CMO, to discuss event-led growth in detail. In case you missed the session live, you can watch the event replay here.
Marlys Arnold
May 2, 2022
“Jeez, the virtual conference was so boring!” We have all been into such virtual events or conferences that had us wishing they got over ASAP. To ensure you don’t end up hosting a virtual conference like that, here’s a list of virtual conference mistakes that you should avoid in 2022.
Interested in Giving Your Community an Interactive Experience?
Try Airmeet's All-In-One Virtual Events Platform.

Host live or on-demand webinars with
a strong engagement focus

Revenue Generation

Connect and convert leads faster

Community engagement

Engage your community around the year

Workshops and Trainings

Host interactive sessions and inspire your audience

Employee engagement

Engage everyone at work to get closer

Create virtual and hybrid event experiences
that everyone loves to attend.

Job Fairs

Connect Talent with Global Employers

Product Launch

Leave a long-lasting impression in the market

Trade Fairs

Host highly immersive and interactive fairs

Demo days

Prioritize growth with networking-led pitch conferences

Award Ceremonies

Host a grand reception for your rockstars

Hackathons

Organize codefests that inspires innovation

Hybrid Events

Bring together the best of virtual and in-person events

Real-time Analytics

Track event performance and engagement

Airmeet Mobile App

Access events on the go

Event Plannings

Plan your perfect event hasslefree

Rich Integrations

Connect Airmeet with your favorite apps

Interactive stage

Deliver sessions high on engagement

Meetings & Networking

Craft meaningful conversations

Immersive Booths

Boost event ROI with interactive booths

Event Sponsorships

Generate more value for your sponsors

Event Gamification

Keep your events fun and engaging

Airmeet Security

Host safe and secure events

Testimonials

Hear what customers have to say about Airmeet

Case Studies

Read how Airmeet helps businesses

eBooks

Deep dive into Airmeet’s favorite topics

Interviews

Event industry leaders spill the beans

Our events

Events curated by Airmeet keeping YOU in mind

Blogs

Guides, FAQs, updates & more from Airmeet

Trusted by industry leaders

Most loved virtual events platform

Let’s get started with a personalized demo