Here’s 3 Ways To Rake In Revenues for your Event!
1) Charge an admission / registration fees
The most obvious way to earn revenue for your event is to charge admission fees. Sport events like Marathons, Golf-Tournaments, Triathlons are famous for charging registration fees and they get huge crowds as well. Concerts, drama, plays and of course seminars, conferences have something to offer in terms of entertainment or learning value. If you want to charge for your event – make sure there is something of value that people want
2) Get Sponsors
Sponsors for your event will only work if its an audience that the sponsors want to target and its well-attended. Having said that, getting sponsors is one lucrative way to rake in revenue for your event. And dont just limit to one type of sponsorship, you can get sponsors for everything from title sponsorship for your event to goodybags and even luncheon sponsorships!
3) Back-end product sales/merchandising
If you have a good event branding, you can sell anything from T-shirts, water bottles, towels, stationery, with your event logo that people want to buy. That’s an additional source of revenue for you. Think how some movies sell everything from paper cups to mouse pads with your favourite movie characters on them. Sports events are especially famous for selling their own products like t-shirts, key-chains, sports wear at their own events.
So there you go, 3 ways how you can rake in revenues for your next event. If you would like to learn more on how you can organise your own event systematically and with less stress, register here.
In my workshop on “Successful Event Planning Strategies”, I will share with you a system which will enable you to run any events successfully and show you what the potential pitfalls are to avoid when running your own events. To learn more and register, CLICK HERE now!
©2011 Maya Kuchit-Desjarlais, Convention Links (S) Pte Ltd
WANT TO USE THIS ARTICLE IN YOUR EZINE OR WEB SITE?
You can, as long as you include this complete blurb with it: The EventWhiz(TM), Maya Kuchit-Desjarlais publishes an ezine every 1st Thursday of the month on Creating Events That Work! Our ezines talk about and share practical experiences in running successful events. These bite-sized info, tips & ideas are specially suited for the busy, time-crunched Corporate Executives, Business Owners, Event Officers, Executive Assistants, Administrative Professionals, Marketing & HR practitioners who want to run their own events successfully, hassle-less, stress-free and with more grace & ease! If you’re ready to create successful events, easily AND get the recognition you deserve – get your FREE tips now at www.eventwhiz.com
The Brand New Workshop On “Successful Event Planning Strategies” 30th April 2011, Saturday * Singapore
Now you can learn how to run your own event successfully with the tips and key ideas learnt at this workshop (includes important checklists, templates that you can use immediately!):
- Know the 5 W’s of your event – to make any event successful!
- 5 important things you need to know at each stage – pre-event, onsite & post-event
- How to take care of all those details – its not as difficult as you’d think!
- Determine your plan of action through effective event time line
- 6 “Hot” tips to working with your vendors
- How to envision your event and pull everything together
- How to choose your venue and negotiate with them!
- How to get the right people working for you!
- ..and many more…
Don’t miss this! Register Today!