17
Aug

THE POTENTIAL EFFECTS OF POSTPONING EVENTS AFTERMATH OF CORONAVIRUS

The draconian of Covid -19 has created the state of ebullition in the world. The virus has
lately, not just invaded the human cells but also all the commercial activities around the
globe, being event industry strained immensely, to the extent that the event banks have
machinated to postpone the events to the last three months of the year 2020, Now the
question which is seeping into one’s mind is “ What intricacies will event planners confront
aftermath of coronavirus? “
Here are some considerable insights of the postponement scheme.

1. OVERCROWDING IN EVENTS

Plethora of events will be postponed to the last trimester of the year 2020 which in
consequence, will make the events congested that in turn could prove to be beleaguered for
the event planners to operate horde of people keeping in mind the safety, risk assessment
and communication channels.

2. SMALL SCALE EVENTS vs BIG SCALE EVENTS

Intense competition could be anticipated between small scale events and the well-
established one, thereby having strong possibilities to endure loss by small scale or average
event planners. The potential solution the hit the snag is to navigate towards online
platform and create the space for virtual webinars which will mitigate the risk of
experiencing loss.

3. ECONOMIC FALLOUT

Many of the attendees will not be able to purchase the tickets because of the economic
fallout we are caught in, due to vortex of Covid-19. It is likely to perceive that most of the
people will lose their respective jobs by the time, the virus gets contained, there will be
many who won’t get the severance pay which increases the odds of slipping into recession.
Surprisingly, the above information has already hit the headlines.

CONCLUSION

Team members of Eunoia have also tried to bring in the positive aspects of the
postponement of the events, one of them being that many of the event métiers have a fair
crack of whip to invest their time by deftly working on the loopholes considering their
events and make it sustainable with suitable strategies like giving offers to both new and old
attendees, arrangement of efficient resources that could be procured from Eunoia which
could further minimize the risk of loss, making the event a tenable one.