best ways to increase revenue
DESCRIPTION
A leading innovator of sport event management software and online registration, presents an informative slideshow on the best ways to increase revenue at your eventsTRANSCRIPT
Compete-At.com
A leading innovator of sport event management software and online registration, presents an informative slideshow on the best ways to increase revenue at your events
The Best Ways to Increase Revenue at your Events
• Event Paraphernalia
• Sponsors, Sponsors, Sponsors
• Volunteers
• Contests and Activities
• Outside Vendors
Event Paraphernalia
• Everyone loves to show off different events they have participated in by wearing a t-shirt, a hat, or even a backpack
• An easy way to generate revenue is to sell paraphernalia at your event to spectators
• Typically event organizers will give event paraphernalia to participants, bt you can ask for a certain donation amount in order to receive gear
Sponsors, Sponsors, Sponsors
• Save money and increase revenue by having your sponsors make products and provide services for your events in exchange for advertising opportunities
• There is no point in purchasing these things if your sponsors can do it for free!
Volunteers• Recruit volunteers to work your event
instead of hiring people
• Typically your organization is made up of members who should be more than willing to help out at your event
• There are a lot of ways to find volunteers: Place advertisements online, in newspapers, and even on your event posters
• You can also look to schools and college in the area that have clubs that correspond with your sports
Contests and Activities• Contests and activities can be a great way to
increase revenue during your competitions
• Attendees can pay a certain amount to participate and if you offer prizes you can attract a lot of people
• This is also a great way to involve sponsors
• Suggest to them that they can sponsor a contest or event during your competition to gain more exposure to potential consumers
Outside Vendors• You can increase funds by bringing in outside
vendors to sell their merchandise or services for a fee
• This is also a good way to keep spectators entertained
• Area businesses, especially ones that are specific to your sport will be willing to set up a booth
• You can also bring in restaurants to provide food
• Business commerce associations, tourist organizations, and recreation departments can be representatives
Online Registration• Make your registration process simple and
widely accessible and you will get more people to register
• Create a website that accepts online registrations
• Most people these days are keen on getting everything done online, this includes registration
• Good online solutions will provide resources and capabilities to manage volunteers, track your budget, and provide turn-key credit card processing
About Compete-At
• If you would like to learn more about online event management or online registration, please visit www.compete-at.com