The numbers are in. Want to know the average duration of online registrations? How about peak times when online registrations are processed? We have the numbers.
We have evaluated a sampling of meetings and events by planners using Eventinterface to manage their projects. Although not scientific, we believe these numbers give you a great insight into the online registration process.
BY THE NUMBERS:
Average time an event is for sale online: 138 days
Average duration of early registration period: 91 days
% of registrations received during early registration: 46%
On average 87% of transactions are conducted online when attendees are given an online and traditional method to sign up with.
6% of total registrations are received on the actual cut off day from early to late registration with more than 50% of those in the last 6 hours of the cut-off.
The monetary difference between early and late registration of events with a full registration fee less than $600 averages 10%. Events higher than $600 are 15% to 20%.
Based on meetings and events by planners using Eventinterface to manage their projects hosted between July 2013 and August 2014.