Ticketing

HOW TO REDUCE UNSOLD TICKETS

Hit the right ticket value

In this particular scenario, as never before, it is essential for market players, to rethink ticketing pricing strategies. The entertainment industry, especially, has just put its darkest phase behind it and is still having to deal with Covid-19 breakout consequences. In this scenario it becomes very important to try to neutralize the losses of the last few months and maximize the profit.  Optimize prices based on the new seating capacities, be responsive about new customers needs, analyze the factors with the greatest impact on sales, identify the right ticket value for each costumer in the different sales stages is now fundamental. Rely on Premoneo to carry out all these activities with the help of the artificial intelligence and with the minimum effort in terms of operation.

MAIN GOALS

Win over your audience together

Price is one of the most powerful tools to overcome the challenges of your business

1

INCREASE IN REVENUE

Thanks to a price that respond in real time to changes in demand and stimulate the sales, you can increase revenues from ticketing, but also from the sale of ancillary products or services.

2

ENHANCE CUSTOMER SATISFACTION

Premoneo carries out customer segmentation analysis based on purchasing behavior and allows you to offer each customer the right ticket at the right price, thus increasing their level of satisfaction and loyalty.

3

DISTRIBUTE THE DEMAND MORE EVENLY

Premoneo’s forecasting models allow you to estimate the demand for each period or event and to stimulate the purchase by using the price lever at the peak of demand.

CRUCIAL INSIGHTS FROM TICKET DATA

L’A.I. in support of ticketing manager

Process historical sales data to understand the state of the art of ticketing and to carry out in-depth analysis on all variables that impact sales. Identify different customers segmentation based on purchasing behavior, make forecasts on revenue trends, use price suggestions and automatically update pricing across all sales channels.  Premoneo offers you the possibility to carry out all these analysis with a single artificial intelligence tool accessible via webservice that can be integrated with your technological environment (including the major ticketing solutions on the market).

Minimize operational risk and make decisions based on the hidden information of your sales data.

In which activities does the Premoneo suite support you?

  • Dynamic Pricing
  • Sales forecasting
  • Customers segmentation
  • Upselling suggestion for ancillary products (parking, fast-lane, food&beverage…)

OUR CLIENTS RESULTS

Results obtained with Premoneo technology

Since 2016 our mathematical models and algorithms have been used by several companies in the world of ticketing, such as sports clubs, organizers of live events, cinemas, theaters and amusement parks. By supporting our customers in the development of dynamic ticket pricing strategies, we have managed to achieve the set business goals, improving performance and margins.

+12%

Total revenue

+20%

Online sales

CONTACT US TO FIND OUT MORE

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