5/3/2023 0 Comments Fees for eventbriteTherefore, the platform does not make money on free events.įor every ticket sale, Eventbrite collects a fixed payment processing fee of 2.5% plus a service fee. Eventbrite mission and visionĮventbrite mission is “to bring the world together through live experiences.”Īs the company highlights “we believe live experiences are fundamental to fulfilling a human desire to connect.” Eventbrite revenue modelĮventbrite derives most of its revenue from a percentage cut of the sale of an event ticket (service fee). This includes page templates and a dashboard to monitor registrations and ticket sales. There is also functionality for non-commercial events including high school reunions and family gatherings.Įvent organizers also have access to tools designed to assist them in event management. Users can search the platform to attend a multitude of events in categories such as education, music, sport, and charity. In the ensuing years, the company has acquired several other ticketing services, including Vancouver-based Picatic and Spanish service Ticketea. Its mission is “to bring the world together through live experiences, and since inception, we have been at the center of the experience economy, helping to transform the way people organize and attend events. Both Kevin and Julia Hartz recognized that the event ticket industry was plagued by bad customer experience, high fees, and inefficiency caused by a lack of adequate technology. The company was founded in 2006 by Kevin Hartz, Julia Hartz, and Renaud Visage as the first major player in the United States event management market. Origin storyĮventbrite is a ticketing and event management platform, enabling users to browse, promote, or even create local events. Ticket fees are capped at $9.95 per ticket. Thus those are generated when paid tickets are sold via the platform. Those service fees are calculated according to the three levels of services ( Essentials – 2% ticket fee plus 79 cents, Professional – 3.5% ticket fee plus $1.59, and Premium). Home PageĮventbrite is a ticketing and event management platform which primarily makes money via ticket fees (service fees).Digital Business Models Podcast by FourWeekMBA.Business Strategy Book Bundle By FourWeekMBA. An Entire MBA In Four Weeks By FourWeekMBA.100+ Business Models Book By FourWeekMBA.
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