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9 Corporate Events That Your Business Needs

Posted by JoeLPG on 15 August 2022

Corporate events are important for your business! They have the ability to grow your brand. Whether through trade shows, conferences, conventions. Or improving your employees through training, internal conferences, meetings, incentive travel, and more.

A live presence has the greatest potential to influence your audience through events.

There are several event types that should have a place on your annual schedule. Each with varying goals and objectives that will help your business grow.

Most of these events can be transitioned to virtual if budget or other circumstances require it. While goals and objectives are typically lowered for a virtual event, there is a positive ROI to be had!

Most Common Types of Corporate Events

  • Conferences
  • Incentive Travel
  • Team Building Events
  • Trade Shows
  • Executive Retreats
  • Business/Corporate Dinners
  • Corporate Golf Events
  • Product Launches
  • Meetings

 

Conferences

Conferences are intended to bring together a large group of people to raise brand awareness, provide education and training, increase collaboration, and much more.

Because the goal is to reach a wide audience, these corporate events can be very large in nature.

Conferences are an amazing opportunity to produce excitement, engagement, and productivity.

These events are designed to produce positive ROI, with both your internal and external audiences.

Incentive Travel

We love these corporate events!

An incentive trip is one of the best tools you can use to increase production. While beneficial for any department, we typically see these corporate events used to motivate a sales force.

Incentive travel involves a luxury trip, to an attractive location, where all elements are typically comped. This event is awarded to your top performers.

ROI is almost guaranteed! Studies have shown that in the short-term you can expect a 20% increase in production, and up to a whopping 44-48% after 6 months.

 

Team Building Events

Team building corporate events are entirely focused on increasing engagement and collaboration, and it works for both internal or external audiences!

For external events, consider hosting an icebreaker or other team-building event early on. So your audience is more comfortable and engaged. Which means great things for the content you are about to deliver.

For internal events, team building has a crazy amount of benefits for increasing productivity in the office. As uncomfortable as it seems at the beginning. even just one session can be the catalyst that unifies different people and groups.  Ultimately making their work-life a more positive experience.

Trade Shows

Getting buy-in to attend trade shows usually isn’t hard.

Trade shows are an excellent way for companies to meet qualified prospects and customers face to face. The audience is usually already highly engaged through speakers and content, and many are ready to talk shop to exhibitors.

There are a few options that companies have when attending these corporate events. They can either be a sponsor, an exhibitor, or just an attendee.

As a sponsor, you pay for your brand to be present in some way.

As an exhibitor, you pay for booth space.

Lastly, the most cost-effective (but limited) option is to simply attend the event.

Executive Retreats

An executive retreat is a perfect way to pull your company’s leadership away from the day-to-day hustle and bustle, and to let them connect on big picture items. This is also very much a team-building event as well.

Usually, a retreat lasts a few days and is driven by the CEO who sets goals and objectives at the beginning. Typically retreats happen to prepare for an upcoming year. It gives everyone a chance to reset; to talk about their departments’ goals and also challenges.

 

Business Dinners

Dinner is a great way to bond with customers, partners, or employees. For a small expense, the time you get to connect 1 on 1, or in a small group is fantastic.  This is how you build relationships.

Corporate Golf Events

Golf is the language of many business professionals. It’s a relaxed sport that builds relationships. Outside of the office, which as we all know, is when our walls are down.

Not only do they present an excellent networking opportunity, but they are fun! And your audience attributes your company with that good time.

 

Product Launch Events

Most people aren’t aware that 95% of product launches fail! And get this, 80% of companies have introduced a new product or service in the last year.

One of the biggest reasons listed for product launch failures is a lack of internal communication. This means several things:

  • Truly explaining the benefits
  • Training personnel on product information(sales, support, technical, product managers, leadership)
  • Creating energy and buzz

An effective product launch event will drastically increase the likelihood that your new product or service will succeed.  Consider it a critical corporate event!

 

Meetings

Meetings are one of your most prevalent and important corporate events. However, they usually get a bad wrap from most employees because they are not properly planned or managed.

Many meetings fall short of expectations. They don’t have defined goals and objectives, an agenda, and engaging content to connect with the audience.

Don’t forget International Events can help you find your ideal meeting room.

 

 

 

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Drowning in work and don’t have the time to run your event? International Events are corporate event management experts. Call the team today! 07715242282

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