event hacks: 6 ticketing strategies to boost event ticket sales
TRANSCRIPT
Nevertheless, it’s still very much possible to sell all or most of your
tickets if you work smarter and
not harder.
Here are 5 ways to be strategic
and make it worthwhile for your
potential attendees to buy a ticket.
Products typically sell better when
they’re released to a select few several weeks before the official
release to the rest of the public.
You can do the same for your
event. Surely, you have customers
who are members of your loyalty
program, or at the very least
repeat consumers or service
subscribers.
Reward these people by giving
them the chance to secure their
tickets early and at a discount
price.
Emphasize that this is a thank you
gift for their loyalty. Early bird
tickets can also be offered to
those who attended your previous
event.
The offer should be included in an
email newsletter sent ONLY to
those who you’re extending the offer to. There should be a link
where they can RSVP and pay for
their discounted ticket.
While you should be careful not to
be too promotional, you should
make it known that tickets can be
sold out at any moment.
Basically, your ads and event page
should include language like:
Last chance to reserve your ticket before they’re all gone
Act now before they’re all sold out
Act now because ticket availability is not
guaranteed
Tickets are selling fast, so don’t procrastinate and secure your spot right now
Provided that tickets haven’t sold out by event day, allow stragglers
the opportunity to purchase
tickets at the door.
The day before the event,
announce that X number of tickets
remain and will be up for sale at
the door.
The higher fee isn’t to penalize last minute attendees but rather
to encourage people to buy their
tickets as soon as possible.
Selling the remaining tickets at a
higher price should also help you
earn some additional revenue and
part with tickets that otherwise
would not be used.
Once the regular sales open to the
general public, provide some form
of limited-time only incentive.
Whatever the incentive is, it
should not be equal or greater
than the discount provided to
your early bird customers.
You don’t want your VIP customers feeling like general
members are getting the same
benefit that was only supposed to
be exclusive to them.
In other words, if early bird
members got a 30% discount,
then the promotional offer can be
something like 20% off the ticket
price for ticket purchases made
the first week or two when sales
open to the general audience.
You can also include second-
chance promotional offers. The
first promotional offer holds good
only for the first week and offers a
20% discount.
The second week of sales
provides a 10% discount. By the
third week and beyond, tickets
will return to the usual price.
Hardly anyone attend events by
themselves. Events are so much
more fun when you bring along a
posse of friends and relatives.
In fact, you should encourage
attendees to do just that by
offering incentives for tickets
purchased by the quantity.
Perhaps attendees can get a
discount if they buy at least three
tickets and an even bigger
savings if they purchase five or
more.
Make it known that the event is
family-friendly to encourage
group attendance. If your event
caters to a B2B audience, then
encourage attendees to invite
fellow staff members.
There can even be exclusive
offers for companies you have
done business with. Invite them
and their faculty members to
attend at discounted prices.
Perhaps you can give tickets away
for customers who make an X
amount of purchase of a company
product or service.
Giving tickets away as an
incentive is a good tactic if you
are getting closer to the event
and you still have more unsold
tickets than anticipated.
If you can’t sell these last minute tickets, then use them as bonus
offerings to fuel other company
purchases.
However, if you employ the right
sales technique, then there is no
reason why you shouldn’t be able to get the sales numbers up.
When you give people a reason to
buy a ticket, then you’ll acquire a few favorable responses from
people here and there.
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Suling Wong
Produced by
Dan McCarthy
Guest article by
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