Archive

Archive for the ‘Advice’ Category

Does Your Event Have A Big Enough Door?

December 26th, 2009
event tickets
My Booking Manager asked:


As soon as you have planned, designed, organized and advertised a workshop, roadshow, seminar or event that works well, your next priority is to get people through the door. The best advice you will ever receive about putting actual bums on seats at your event is to charge an attendance fee. Those with long experience of running events know this is very basic psychology. If you have to pay for something, it must have value. If something is free it is, by definition, valueless and, even if you book a place, there is no loss if you fail to turn up.

In addition there are many creative techniques that can be employed to ensure that the maximum number of people make an appearance on the day.

Follow-up techniques

You should be building up a database of potential delegates from your invitation list and also from enquiries that have been made but not converted into bookings. Make sure you have a system of frequent, but not annoying, follow-up calls that move the selling process forward. Your database should contain a field that allows your sales prospectors to update reasons for no decision. This information can be used to modify the event content to make it more attractive and appealing to your target audience. For example, people are generally impressed by known experts or celebrities in a certain field and will be more likely to attend if those people will be speaking. If the demand is high you could have a late change to the program including a named expert that can be announced through your follow-up calls, website, Emails, text messages and an additional mailer.

Incentives

Delegates are pretty predictable. They will only attend an event if they see a benefit for themselves. Early in our careers we are just hungry for information but as we mature we look for peripheral reasons to spend our time at one event or another.

Booking Incentives

Even although delegates value an event they have paid for, they also value the cleverness of getting a good deal or a discount. For this reason it makes sense to offer early booking discounts, buy-one-get-one-free, buy-one-get-two-discounted-tickets offers and on-line booking discounts. Incidentally, the discount price is your break-even price plus your normal profit margin.

If the on-line booking option sounds slightly complex, it’s not. Organizations like http://mybookingmanager.com specialize in providing a 24 hour booking service that collects comprehensive registration details, manages session bookings, takes credit card payments, provides delegates with immediate confirmation and allows you to monitor how ticket sales are progressing.

Attendance Incentives

In your publicity material you should be detailing and putting a value on the list of benefits that delegates will receive by attending the event. For example:

Item/ Value

Free additional material on the subject/ $20

A free book on the subject/ $25

A special report commissioned for the event/ $20

Free 6-month membership of an Email Advice Service/ $60

A free CD of case studies/ $15

A discount voucher for products or services/ $50

Total $190

This type of list can soon exceed the ticket price, making attendance essential in the eyes of the prudent.

Thinking outside the box

As well as considering how to give potential delegates a really good reason for attending your event, make sure you don’t neglect the reasons they might have for non-attendance.

Timing is everything

Quite simply, the time of day, the day of the week or the date you choose for your event can have a big impact on attendance. Many businessmen and women have young families, so it makes sense to avoid holiday periods especially mid-term weeks unless your event offers crèche facilities. Now that’s a winning idea!

Late start times and early finish times are more likely to appeal to parents who need to drop-off and pick-up kids from school, nursery or child-minders.

Mondays are psychologically a bad day for business events as most people will have built up a list of must-do tasks for work over the week-end and will be convinced that their time is better spent in the office. By far the best day to hold an event, especially a long one, is Friday. You will benefit from people clearing their desks early in the week and getting into the weekend mood. If Friday is not possible, work backwards through Thursday and Wednesday to Tuesday, all of which have the appeal of making the rest of the week available to try out any new ideas.

If local weather conditions or travel problems could delay people or would convince them to cancel; demonstrate your flexibility by contacting them to announce a later start time. The potential to text your delegates can pay dividends here in reducing stress and embarrassment levels.

Location, location, location

Although the venue choice may have been made at an early stage in your project; local, national and world events can influence whether you go ahead using the same location or providing additional venues.

Be prepared to respond appropriately to interests and concerns that your delegates will have. City locations may be a convenient choice for the majority of attendees in one week but the very next day a terrorist attack can change their whole perspective and could impact your profits considerably unless you are willing to adapt and relocate.

By the same token, if your subject matter just happens to relate to crisis management, disaster recovery, security or any subject related to anti-terrorism or whatever the topical subject happens to be, perhaps you should be considering additional sessions and additional venues to accommodate the revitalized interest in the subject.

Networking

People tend to trust people they know, so it makes sense, if you are selling places at your event to get to know as many of your potential delegates as you can. Networking not only allows you to build your audience from your acquaintances and contacts, it allows you to seek a broader audience by exploring overlapping networks, by asking for introductions and referrals.

It is also becoming commonplace to network online, expanding your business potential to a global audience.

Be creative and don’t stick to the safe options every time. Operating inside your comfort zone or “inside the box” will get you the results you always get. If you want extraordinary results, to get an exceptional attendance at your event you’ve got to be prepared to think “outside the box”.

Of course the door needs to be big enough for the entire potential audience including those in wheelchairs and the venue should accommodate comfortably everyone that you would like to come; beyond those criteria its all imagination.



Content for WordPress

Advice , ,

Just The Ticket - How To Make Hundreds Per Day As A Ticket Broker On Ebay!

July 8th, 2009
event tickets
Tuks Engineer asked:


It should be simple - your favourite team/band/theatre play is just about to perform in a couple of weeks. You’ve waited months for this, now you’re going to log on, book the tickets for yourself and your best buddy and bingo…you’ll be at the event of the decade for a night to remember. If only it were that easy - you have your credit card ready but the words that you dreaded flash up on your PC screen….SOLD OUT!

You try a few more ticket websites, but dismay soon blossoms into a magnificent panic as there seem to be no tickets online or through any of the usual ticket agencies. Then it strikes you…ebay…of course - should have thought of it sooner. You tap in the address, sure that you’ll be able to snap them up here. You’re right - but the bidding has gone insane and the tickets are already selling at 5 times their face value and there’s still a few days till the auction ends. No chance here, unless you suddenly win the lottery.

If this sounds at all familiar, this article will provide you with some tasty little bites of information to help you secure just about any ticket you would want to purchase. You may have noticed that some people seem to be able to get the hottest tickets around - ones that you ordinarily would have no chance of laying your hands on. Interested? Let’s get going.

First, unless you have not made the leap into the information age, let me tell you that your best chances of getting hot tickets is by having an internet connection and a little working knowledge of the Ticketmaster site. I cant help with the first but by the time you’re done here you’ll know just about all you’ll need to about Ticketmaster to become…well…a ticketmaster.

The most obvious tip is that your best chances of getting some premo tickets to that hot event you’re after is by trying to buy them within the first 5 minutes of them going on sale. Don’t put it off until later, tomorrow or next week as you wont have a prayer. If you are a frequent purchaser of tickets (or you want to make some nice cash reselling tickets on ebay) then you will want to register (free) with Ticketmaster. This way when you’re about to purchase tickets you will not waste time frantically typing in your details before the purchase procedure. If the event you want to get tickets for is not yet on sale you’ll need to know when Ticketmaster will start offering them. This is not always easy but check out the Ticketmaster alerts page while keeping up to date with the artists/teams etc website for details.

If you’re intention is to profit from reselling tickets then you must bare in mind what the maximum amount of tickets you’re allowed to purchase are. If you ignore this and try and grab more than the allocated maximum you’ll end up with nothing and that could cost you a small fortune in profits.

It also helps if your internet connection is fast - a slow connection does not exactly give you the advantage when the site opens up ticket sales. Also, ensure that you do not have too many applications running as it can slow down the speed of your PC - again, because the timing is critical you want to give yourself the maximum competitive advantage.

Here’s an interesting little fact - you would think that the best seats are the ones to go first? Well they may be offered first, but online it’s possible to get them later (eg upto half an hour after going on sale) - that’s because some buyers who get first priority to these can back out (often unwittingly as they discover there is something wrong with their credit cards). Oh and that reminds me, ensure your credit card is working perfectly before trying to get those hot tickets.

Now some advice for the profit-hunters among you. Reselling tickets can be a very good, exciting and relatively easy way of making a significant amount of extra money. If you do this, there is one key thing you need to know - how likely is it that a particular event will be sold out. With a little bit of knowledge and research you can pinpoint several events every week that are likely to be total sell outs - using the information you have just read you can purchase tickets to them and then profit from them till the cows come home. To state the obvious, eBay is the best place to sell the tickets you’ve obtained - you’re almost certain to have a huge amount of interested buyers. Like most things it takes a little bit of effort to get started but this is a good and honest way of making some extra money each week. I needn’t tell you that many are doing this full time for a living - I’ll let you discover the possibilities yourself.

Well, hopefully the last few minutes have been highly interesting and useful for you. I wish you all the best, whether you wish to get hold of the best tickets to the hottest events for your own profit or pleasure!



Content

Advice , ,