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« June 2009 | Main | October 2009 »

When to Start Selling Tickets for Your Event

Here is a classic question almost every event planner asks him or herself: “When should I start selling tickets for my event?” At first thought, one might think starting your ticket sales early is always better. In my experience longer ticket sale cycles almost never translate into bigger total ticket sales.  The biggest factor in determining when you should start selling tickets for your event is based on the level of ticket demand.

Event_planning_ticket_sales


Low Ticket Demand
If the ticket demand for your event is very low, it doesn’t matter how early you start ticket sales – people won’t buy.  In contrast, you can start selling tickets for your event (depending on the type of event) a few days before and sell the event out if the demand level is high enough. One good indicator for ticket demand is how many people contact your via telephone or email to inquire about tickets for your event.  If people are contacting you regarding tickets with the fervor of a hungry wolf pack that hasn’t eaten in a week, you’re in good shape.

Start Your Ticket Sales for Your Event When You Have High Demand
Ticket sales for your event should start when you’ve created enough sufficient demand to sell most of your tickets in a short period of time.  You might want to wait until you have created a sufficient level of demand before putting tickets for your event on sale.

As an example, one client recently ran a discounted advance ticket campaign that generated $15,890.00 of advance ticket revenue 58 days before their event.  The reason they were able to sell $15K+ of tickets almost two months before their event is because they made a great offer that was coupled with high ticket demand. Part of the offer included a limited number of premium level tickets to their event. The client’s total advance ticket sales paid for their event before a single person walked through the admission gate.

How would you feel if your entire event was paid for before a single person walked up to attend your event? When it comes to ticket sales, your focus needs to be on creating a high level of demand for your event.  Check out “How to Sell Out Your Event“ for a simple way to crank up to demand for almost any event.  If the demand is high enough for your ticket, then it doesn’t matter when you start to sell tickets.

Want to get more great info? Check out the articles below:

How to Sell Out Your Event

If you want to sell out your event, you need to set the demand level for your event higher than your supply of tickets. The previous suggestion might seem like it’s straight out of the book “Thank You Very Much, Dr. Obvious!" But, very few event organizers and planners ever focus on creating a high level of demand for their event. When it comes time to sell tickets for their event, the ticket sales fall miserably sort of expectations. You need to find ways to set the demand level for your event as high as ethically possible.

The P.T. Barnum Way
Sell_Out_EventOne of the easiest ways to set the demand level for your event higher is by hyping your event.  The suggestion is straight from the playbook of P.T. Barnum. You’re event marketing should never be humdrum. You need to inject excitement and intrigue into all your event marketing and promotion. Get the target market so excited for your event that they're running to get their wallets and buy from you.

Let me give you a quick example from the air show industry. Which of the following event headlines is more likely to catch an air show prospect’s attention?

Example #1: “Come Out and Enjoy the 2009 XYZ International Air Show.”

- OR -

Example #2:Experience Flight in a Way That Will Leave You in Awe! Come out and Enjoy 4 Hours of Aerial Spectacle & Heart Pounding Excitement, featuring the Best Pilots in the World.”

Don’t Make Your Event Sound Boring
How excited would you be to attend a BORING event? Too many event organizers promote and market their events in a boring manner. Don’t make the same mistake. Whenever you market or advertise your event, make it sound intriguing and exciting to your target market. I can’t remember who said it, but “the greatest sin in advertising is being boring.” Get your prospect to say to themselves “I want to do that!” If you're event organizer or planner, focus on your target market's wants and desires.

Balancing Event Marketing Hype & Delivering on the Promise!
If you’re really going to hype your event, the level of hype can’t be greater than your patron’s expectations or the level of service you can deliver. Over hyping your event and under delivering is a guaranteed recipe for disaster. It is very important that you do everything possible to under promise and over deliver.

Hype & Exceeding the Patron’s Expectations
If you exceed your event attendee’s expectations, regardless of the level of hype, the demand level for your event can go through the roof.
  Just one happy event attendee will tell a number of other people about their great experience at your event. It's word of mouth advertising and it costs you nothing!


One Man = $17,500.00 in Advance Ticket Sales
Last weekend a Toronto businessman paid $175.00 to get access to an exclusive VIP Chalet at a FREE air show. The $175 dollars he and others paid got him access to a very nice chalet with open bar and all you can eat catered food. Before the air show finished the businessman was so satisfied with his experience that he inquired about purchasing 100 VIP tickets (at $175 each) for next year’s air show. That's $17,500 of advance ticket sales! The business man wasn't the only person to inquire about tickets for next year's air show. Since the show ended, more attendees have already offered to buy tickets for next year's air show and it's still a year away. If you can get people to your event and show them an amazing time, they'll line up in droves to come again. 

Below you will find a small collection P.T. Barnum posts that will help you with hyping your event. There is at least one good idea waiting for you to use with your event. Please take the time to read through a few posts:

Want to get more great info? Check out the articles below:
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