How Data and Digital are Changing Live Events Opportunities in Australia
Martech Outlook | Tuesday, November 22, 2022
Changing attendees' expectations, digital and data capability and the desire to get back to physical experiences are all driving a renaissance of live events. But it's also an evolving landscape for brands and sponsorship.
FREMONT, CA: From touring concerts to significant conferences, the entire live events sector was compelled to undergo an unprecedented digital change two and a half years ago. 2020's digital pivot will have long-term effects regarding what audiences want and how businesses can engage with them when Australians leave their couches and home offices once more in search of mass human connections. Australians demonstrate a keen readiness to participate in extensive shared experiences even as worries about a fourth Covid wave are growing.
According to the Australia Council for the Arts ' most recent Audience Outlook Monitor, Australians were more prepared to attend live events in October than in August. However, 44 per cent were still going to fewer performances than they had before the outbreak. The industry's current status is one of upheaval.
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Since there haven't been any large events for almost two years, fans' demand is at an all-time high, and artists are more eager than ever to hit the road and perform again. There's nothing quite like being with friends and experiencing live music and the crowd's thunder in person. Similar stories may be found in various facets of the events sector, such as conferences and exhibitions. The Australian head of the international brand experience firm Imagination is working with his team to create the AWS Summit and Telstra Vantage, two of the biggest corporate events of 2023.
The major clients understand that these events, witnessing people face to face, resolving client issues in real-time, and fostering connections, are the only things that create a pipeline. Human nature dictates how we develop relationships and trust. However, less interest is shown in sitting through protracted presentations, and more interest is shown in taking part in workshops, tutorials, and more interesting situations.
People love returning to their favourite activities, which include mingling with others, discussing their businesses and what they offer, and forming connections. They want something that is far more tangible, solution-focused, and individual. Therefore, as 2023 approaches, we plan to incorporate a lot less stage stuff and more immersive content.
Digital Reverberations
Another change is the sharp decline in interest in the content that is given online. Campanaro anticipates that some events will continue to broadcast their content, particularly if the audience is sizable and distributed geographically, but that many will put more emphasis on the live event itself. People want to address issues in real-time and face-to-face, thus, they want to be present.
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