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	<title>Conferences That Work &#187; economics</title>
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		<title>The cost of hybrid events</title>
		<link>http://www.conferencesthatwork.com/index.php/event-design/2010/09/wondering-about-the-cost-of-hybrid-events/</link>
		<comments>http://www.conferencesthatwork.com/index.php/event-design/2010/09/wondering-about-the-cost-of-hybrid-events/#comments</comments>
		<pubDate>Tue, 28 Sep 2010 12:00:55 +0000</pubDate>
		<dc:creator>Adrian Segar</dc:creator>
				<category><![CDATA[Event design]]></category>
		<category><![CDATA[economics]]></category>
		<category><![CDATA[eventcamp]]></category>
		<category><![CDATA[hybrid events]]></category>

		<guid isPermaLink="false">http://www.conferencesthatwork.com/?p=1204</guid>
		<description><![CDATA[Reading Sam Smith&#8217;s frank article about the resources and effort that went into the production of the remote component of EventCamp Twin Cities (ECTC) got me wondering. I counted ten full-time staff needed to create the remote component of this amazing event, which delivered an impressive participative and immersive remote audience experience. 1 Virtual Event [...]]]></description>
			<content:encoded><![CDATA[<p style="text-align: left;"><a href="http://www.conferencesthatwork.com/wp-content/uploads/2010/09/ECTC-equipment-2.jpg"><img class="aligncenter size-full wp-image-1209" title="ECTC equipment 2" src="http://www.conferencesthatwork.com/wp-content/uploads/2010/09/ECTC-equipment-2.jpg" alt="ECTC equipment 2" width="584" height="386" /></a>Reading <a href="http://interactivemeetingtechnology.com/2010/09/25/nacho-mamas-deep-fried-hybrid-event-on-a-stick/" target="_blank">Sam Smith&#8217;s frank article</a> about the resources and effort that went into the production of the remote component of <a href="http://www.eventcamptwincities.com" target="_blank">EventCamp Twin Cities</a> (ECTC) got me wondering.</p>
<p>I counted ten full-time staff needed to create the remote component of this amazing event, which delivered an impressive participative and immersive remote audience experience.</p>
<blockquote><p>1 Virtual Event Design Consultant / Project Manager<br />
1 Virtual Emcee: The Host of the Remote Broadcast<br />
1 Tech Director: Calls the show, video camera shots and switches<br />
1 Twitter Moderator:  Captures questions, comments and ideas from the audience<br />
1 Soundbyte Tweeter: Tweets Out Speaker highlights under the event’s Twitter ID<br />
1 Main Session Cameraman<br />
1 Studio Cameraman<br />
1 Mediasite Tech: Manages video, audio and VGA feeds going into Mediasite system<br />
1 A/V Tech: Manages the House signals<br />
1 A/V Tech: Manages the Video and Audio Switches for Remote Audience</p></blockquote>
<p>Most, if not all, of these people needed to be around for at least half a day before the live event. And none of them (I hope) are normally paid minimum wage.</p>
<p>Then there&#8217;s the equipment and technology that was used:</p>
<blockquote><p>2 Cameras: One for the main room and a second for the studio<br />
2 Camera Tripods<br />
1 Riser – to make the tripod sit over everyone’s head<br />
2 Studio Microphones (These are linked to webcast – but not house sound.)<br />
3 House Sound Microphones<br />
1 Media Site Player (this is the webcasting gear)<br />
1 Video Switcher<br />
1 Interview Studio (Table, Chairs Backdrop, Professional Lighting)<br />
1 Twitter Hashtag<br />
1 Event Twitter Account<br />
1 Webcast Player (Mediasite provides this – but can be configured)<br />
1 Intefy System (Virtual Front Door that shows video, schedule plus twitter streams)<br />
1 Hosting Server for Storing and Hosting Streaming Video<br />
3 Laptops for Virtual Emcee, Twitter Moderator and Fact Based Tweeter (if not the same person)<br />
Various and sundry cables to connect and power everything</p></blockquote>
<p>All this does not usually come for free. I&#8217;m not privy to the financial details of EventCamp Twin Cities, but I do know that much of the above was donated by the companies and personnel involved, and that this generosity is and was <em>much appreciated</em> by all of the local and remote attendees. These substantial sponsorships of the event made it possible to offer <em>free</em> remote passes to the remote audience, making it easy for 500+ people to tune in and enjoy a superb remote audience experience.</p>
<p>What I&#8217;m wondering about is the economics of creating hybrid events when the time of donations disappears, and the fine folks at companies like <a href="http://www.intefy.com/" target="_blank">Intefy</a>, <a href="http://www.sonicfoundry.com/" target="_blank">SonicFoundry</a>, and <a href="http://www.allied-audio.com/" target="_blank">Allied Productions &amp; Sales</a>, need to get paid for their time, equipment, and expertise.</p>
<p>I&#8217;m guessing that the regular price tag for a setup like the one used at EventCamp Twin Cities might run in the region of $30,000. (Please, those of you who actually know what these costs are; stop laughing and enlighten us.) If so, that translates into a cost of around $60 per remote ECTC attendee.</p>
<p>Perfectly justifiable if that attendee would otherwise have to pay for a plane, accommodations, travel time etc. to attend in person.</p>
<p>But not free.</p>
<p>Another thing to bear in mind is that the costs to provide the two-way interactivity that was a hallmark of ECTC were largely fixed; they&#8217;d be more or less the same if 100 or 1,000 people had showed up. In the former case, the cost becomes $300/attendee—an amount that might be a concern for many event planners working with small or highly specialized target audiences.</p>
<p>I don&#8217;t see many possibilities for reducing the personnel numbers and outlay required to run a good hybrid event. I expect that equipment and bandwidth costs will decline in the future, but I&#8217;m willing to bet (and would love to be proved wrong) that the expense involved to add a remote audience with the capability for meaningful participation will remain a significant component of a hybrid event&#8217;s budget for a long time.</p>
<p><em><strong>What do you think of the hybrid economics I&#8217;ve described? Can you provide better figures for the expense to add a remote audience to a hybrid event? </strong><strong>Will the relative costs and rewards act as a deterrent to you to add a remote audience</strong></em><em><strong>—or do you see them as an income producing opportunity?</strong></em></p>
<p><em>Image attribution: <a href="http://noahwolf.com/" target="_blank">Noah Wolf Photography</a></em></p>
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		</item>
		<item>
		<title>Small is Beautiful: Conferences As If People Mattered</title>
		<link>http://www.conferencesthatwork.com/index.php/uncategorized/2009/11/small-is-beautiful-conferences-as-if-people-mattered/</link>
		<comments>http://www.conferencesthatwork.com/index.php/uncategorized/2009/11/small-is-beautiful-conferences-as-if-people-mattered/#comments</comments>
		<pubDate>Tue, 17 Nov 2009 00:02:01 +0000</pubDate>
		<dc:creator>Adrian Segar</dc:creator>
				<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[economics]]></category>
		<category><![CDATA[event-planning]]></category>
		<category><![CDATA[satisfaction]]></category>
		<category><![CDATA[Schumacher]]></category>
		<category><![CDATA[small]]></category>

		<guid isPermaLink="false">http://www.conferencesthatwork.com/?p=223</guid>
		<description><![CDATA[Reading the October issue of The Sun the other day I came across an excerpt from E.F. Schumacher&#8217;s classic 1973 book Small Is Beautiful: Economics As If People Mattered. When comparing Buddhist economics with modern economics, Schumacher writes &#8220;The former, in short, tries to maximize human satisfactions by the optimal pattern of consumption, while the [...]]]></description>
			<content:encoded><![CDATA[<p><a href="http://www.conferencesthatwork.com/wp-content/uploads/2009/11/Small-is-Beautiful-3687027048_e331ab1ff5.jpg"><img class="size-medium wp-image-224 alignleft" style="margin-left: 10px; margin-right: 10px;" title="Small is Beautiful 3687027048_e331ab1ff5" src="http://www.conferencesthatwork.com/wp-content/uploads/2009/11/Small-is-Beautiful-3687027048_e331ab1ff5-300x199.jpg" alt="Small is Beautiful 3687027048_e331ab1ff5" width="216" height="143" /></a>Reading the October issue of <a href="http://www.thesunmagazine.org">The Sun</a> the other day I came across an excerpt from E.F. Schumacher&#8217;s classic 1973 book <em>Small Is Beautiful: Economics As If People Mattered</em>.</p>
<p>When comparing Buddhist economics with modern economics, Schumacher writes &#8220;The former, in short, tries to maximize human satisfactions by the optimal pattern of consumption, while the latter tries to maximize consumption by the optimal pattern of productive effort.&#8221;</p>
<p>Similarly, peer conferences try to maximize satisfaction by providing just the content and format that attendees request, rather than trying to offer everything in the context of a big impersonal event.</p>
<address>Image attribution: <a rel="cc:attributionURL" href="http://www.flickr.com/photos/dcmaster/">http://www.flickr.com/photos/dcmaster/</a> / <a rel="license" href="http://creativecommons.org/licenses/by-nc/2.0/">CC BY-NC 2.0</a></address>
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