Event Ticketing Business Success Stories [2024]
Looking for a scalable business idea with real-world impact? Consider starting an event ticketing business. This venture focuses on selling tickets for various events, be it concerts, sports, or theater. The business involves setting up a digital platform where customers can easily purchase tickets.
The beauty of an event ticketing business lies in its simplicity and widespread demand. By connecting with event organizers and promoters, you become the bridge between exciting experiences and eager attendees. Additionally, partnering with venues can provide exclusive access to tickets, enhancing your offering.
It’s essential to invest in a user-friendly website or app and effective marketing strategies to attract customers. While it requires diligent networking and continuous engagement with industry players, the potential for a thriving business makes this effort worthwhile. Start this journey to not only generate revenue but also enrich people’s lives with unforgettable experiences.
In this list, you'll find real-world event ticketing business success stories and very profitable examples of starting a event ticketing business that makes money.
1. Ticket Tailor ($6M/year)
Jonny, the founder and CEO of Ticket Tailor, came up with the idea for his ticketing platform while studying software engineering at Birmingham University in 2005. As a music fan, he wanted to create a website called "What's on in Brum?" to showcase local events. Through his experience building ticketing systems for clients and the frustration with high fees and data sharing from ticketing agencies, he saw an opportunity to create a scalable software product that would make ticketing more affordable and convenient for event creators.
How much money it makes: $6M/year
How much did it cost to start: $1K
How many people on the team: 8
A successful ticketing platform that grew from a side project into a business that issues over 5 million tickets annually, using a combination of cold calling, word of mouth, and partnerships to attract and retain customers while navigating the challenges of COVID-19.
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Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.