A Guide To Making Money with Virtual Events

making money with virtual events

 

Live events provided a substantial revenue stream for businesses during pre-pandemic days. That income stream quickly dried up once COVID-19 arrived and social distancing regulations shut down any service deemed non-essential. Compounding the issue is the randomness of outbreaks threatening to destroy your careful planning with unpredictable lockdowns.

Fortunately, it is possible to transfer live event forums by planning virtual events as a substitute. However, taking your monetization strategies to a virtual platform will require adjustment. When monetizing your virtual event, you will want to replace as much of your income stream as possible with online equivalents. A few obvious obstacles will include:
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Host Live Events with Zoom & Vimeo for 10,000 Attendees

Virtual event
 

Using Dryfta Virtual Event Toolkit, events organizers can setup live events with live Q&A session for up to 10,000 attendees. To enable livestream and Q&A for such a large audience, we use a combination of Vimeo Livestream and Zoom.

A Zoom meeting is used by speakers to present the session and Vimeo is used to livestream that Zoom meeting to the participants watching live on Dryfta. When participants need to ask questions, they need to join the same Zoom meeting, where speakers are presenting, to ask questions.

Here’s a step-by-step process on how to set up the live event with live Q&A:
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