
1. Introduction to revenue options and charging models
A Lesson by Benjamin Dell (Founder & CEO, HeySummit)
In this video, we'll explore the various revenue options available when running an event. We'll discuss why understanding these options is crucial for maximizing revenue, and how to determine the right pricing strategy for your specific audience and content. We'll also delve into the different ways to monetize events through tickets, add-ons, and donations, and examine various strategies for presenting these options to attendees. The importance of considering the value, depth, and digestibility of your content will be highlighted, along with the potential for tiered pricing, recurring costs, and installments. Finally, we'll emphasize the importance of learning from each event and adapting your pricing strategy based on audience feedback.
Key takeaways:
- Understanding revenue options is crucial for maximizing event income.
- Tailor your pricing strategy to your audience, content value, and depth.
- Utilize tickets, add-ons, and donations to monetize your event.
- Experiment with different strategies to present offers to attendees.
- Continuously learn from each event and adapt your approach.