Once again, Lisbon will host another Web Summit at FIL's venue. This year's edition will take place next month and will feature over 1200 speakers, over 2000 journalists, 11000 CEOs and 70000 visitors are expected. However, the price for a ticket can reach thousands of euros. Is it worth the investment? In this article we will look at this event and its potential.
Professional fairs have historically been one of the most effective ways to grow your network and your business. Recently the Internet has made this contact easier, so it is not necessarily necessary, for example, for an entrepreneur to go to China if he wants to find the supplier of a particular raw material for his business. However, these events are still very important today for most business areas. Personal contact, rather than email, is still highly valued in business.
In this type of professional events, it is possible to make new contacts, connecting with potential new suppliers and customers. Being this type of events usually associated with a certain business area, the entrepreneur has the possibility of having contact with a large volume of people in his area, in a short time.
Depending on what you are looking for, Web Summit has several aspects that can be useful for your business. On the one hand, as mentioned above, it will be an opportunity to broaden your network of contacts. However the possible advantages go far beyond this. The hundreds of speakers you will have the opportunity to hear are reference people in major companies around the world such as Google, Microsoft, Samsung, Uber, Amazon, Wikipedia, among many others. From such a promising group you will expect to learn a lot from listening to them and potentially finding new ideas for expanding your business.
There is another aspect to the Web Summit that can be particularly useful for companies looking for investors. This event will be attended by a large number of investors, both private and institutional. If you have a business idea that needs funding, this may be the ideal place to find an investor willing to support you in your business.
Ticket prices for admission to this event are not static and are increasing as the date approaches. At this time the price for a ticket is 995 €. For the entrance of an event is a high value for what is the Portuguese reality. However, you should view this value as a potential return on investment. In such an event you can boost the growth of your company and largely offset the value invested in the ticket.
Web Summit presence as a visitor or exhibitor can bring significant benefits to your business. Whether you are looking for investors, growing your customer and supplier network, or listening to leading professionals from major global companies, you may want to attend this event. You should consider your trip as a potential investment in the future of your company.