What is Weak Conferencing Costing You?

Every conference — online or in-person —
is an Investment your company makes in time,money and resources.

Whether that investment turns out to be a good one — when value exceeds cost — depends on the outcome of the meeting.

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A good sales meeting takes the prospect to the next step. A good project management meeting synchronizes the team and supports on-time, on-budget project outcomes.

Weak ones do just the opposite. Weak conferencing has hard and soft costs that directly affect the company and the brand image.
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Use our calculator below to determine how much weak conferencing actually costs your company.

Average number of people who attend a meeting (including SMEs, managers, executives & more)

Average cost per person who attends an hour meeting (cost per staffing hour)

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$26.57

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Notes
Default value based on industry average.
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$53.14
Total cost per meeting
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Notes
Number of people who attend a meeting times the average cost per person who attends.

Percentage of time employees spend in meetings

per day

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25%

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Notes
Default value based on industry average.

Cost of meeting attendance per employee

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Notes
This is calculated by taking the average cost per person who attends an hour meeting times (25% x 8 hours in a day) times 20 working days in a month.

per month

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$12,753.6
Total cost of meeting attendance per employee per year
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Notes
Cost of meeting attendance per employee per month times 12 months per year.

Percentage of Meetings Attended That Employees Find to Be Unproductive

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40%

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$5,101.44
Total cost of unproductive meetings per employee per year
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Notes
Total cost of meeting attendance per employee per year times percentage of those meetings teams find unproductive.

Number of employees that attend at least one meeting per day

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Notes
Most companies assume that their sales, marketing, and executive teams attend at least one meeting per day. If unsure, simply enter the size of your company.

per day

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$255,072
$102,028.8
The average total cost of meetings per year
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Notes
Total cost of meeting attendance per employee per year times the number of employees that attend at least one meeting per day.
The average total cost of unproductive meetings per year
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Notes
Total cost of unproductive meetings per year times the number of employees that attend at least one meeting per day.

Estimated percentage of unproductive meetings where conferencing technology was considered the problem

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5%

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Notes
Default value based on industry average.

Percentage of meetings that have a technology failure and required Information Technology's involvement

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15%
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Notes
Default value based on industry average.

Cost of Information Technology Staff Per Hour

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4,800

$20,028

$102,028.8
Number of meetings per year
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Notes
Number of people who attend a meeting times the average cost per person who attends.
Total IT cost per year for meetings that have technology failure and require Information Technology's involvement
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Notes
Number of people who attend a meeting times the average cost per person who attends.
Total estimated impact of weak conferencing per year
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Notes
Number of people who attend a meeting times the average cost per person who attends.
Your company is losing

$122,656.8

a year due to weak conferencing.

Want to learn more about the cost of weak online conferencing?

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Looking for a dedicated conferencing solution that will help your team be more productive and has reliable technology?

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