Facing unpredictable changes in society due to the effects of the COVID-19 pandemic, many concerns are raised about whether to organize a Year-End Party at the end of this year 2020 or not? Let’s check out VietnamEvents’ post “Should businesses organize Year-end parties in 2020?”
Why do businesses concern themselves with organizing the Year-end party 2020 or not?
This concern from businesses and organizations is extremely understandable. In the context of 2020, there are too many unpleasant events leading to the slowdown of the whole economy. Therefore, companies and enterprises are also forced to consider their activities in order to withstand the storms of difficulties.
But the Year End Party is an indispensable event in the business for a year. It is considered the most important event of the year to summarize a year of operation and set out targets for the new year. In the opinion of many people, the Year-End party even has a meaning towards a brighter and luckier new year.
VietnamEvents will support the opinion of organizing the Year-end party 2020. The following reasons will help you find the answer to the questions: Should businesses organize Year-end parties in 2020?
The importance of organizing Year-end party 2020
Encourage morale and internal engagement
If your company has just had a very sad year with a loss of sales or worse, a decline in the organizational structure. According to some statistics, up to 70% of businesses have to suffer from what you have got, so the competition between the other units still has balance. Thus, in 2020, the Covid-19 pandemic is too frightening and it has almost blown away all of our previous efforts.
Businesses must minimize their budget for non-essential activities such as team building or a company trip, but, you should not cut the Year End Party event because this is considered an effective and important team-linking activity, it is an event that summarizes a year of operation, encourage the organizational spirit.
Separate image and brand name
For a long time your company, your business does not have a specific and practical activity, it will easily make customers forget and even, cause the mistaken belief that your business has stopped working.
Thus, the Year End Party is an essential activity to remind customers of your brand. Moreover, it also creates a very good customer and business interaction and a high conversion rate from consumer awareness. At least, your brand has been impressed in the mind of potential customers from this event.
To raise demands for tourism and services
That sounds great, in fact, the Year End Party is also an activity contributing to boosting demand for tourism and services from businesses, contributing to economic recovery and growth.
Because of the rotating of the economic wheel, it is necessary to participate in many services, industries, and the self-development of enterprises in that profession. The void behind the pandemic could be filled with the festive season's Year-End Party series. The events and tourism industries will benefit from these activities and from there, have a more diverse and synchronized development.
The year-end party can also be a small company trip at the end of the year to both looks back on the past, connect the team, and promote tourism development. The economic element is that the business can contribute to the general development in such a gentle way.
Organize year-end party 2020 with VietnamEvents
Thus, we have the answer about whether to organize a company year-end party later this year or not. A sad economic year could be closed with a Year-End Party and look forward to more growth next year. Instead of sitting still in front of the heavy impacts of the crisis, let's face it with a calm mind and solid branding, right from the event at the end of this year.
Read more: What do you need to prepare to organize a Year-end party for your company?
To have more ideas for the year-end party 2020, you can refer to the consultation of VietnamEvents by contacting us via website or hotline +84.918.640.988 (available on Whatsapp, Viber, or Zalo).
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