US Event Industry – A Profit Making Industry!

By September 5, 2013 September 5th, 2019 Event Promotion
US-Event-Industry A Profit-Making-Industry
Reading Time: 2 minutes

Events are a reasonable luxury compared to vacations and that’s why fans enthusiasm and capability to purchase events tickets is deeply influenced by their disposable income but the context is little different for the United States. Except for the recession period (2009-2010), Americans have always openly expressed their love for live entertainment and this drive industry revenue growth at an estimated annualized rate of 1.0% to $22.9 billion over the four years to 2012 and it is expected to grow at an average annual rate of 3.0% to $26.5 billion over the five years to 2017.

US Event Industry

Additionally, there are many alternate sources of revenue like merchandise, food, beverages, sponsorship, artist services and other factors which are associated with events, which help event presenters to generate more profit from a single event. Factors, such as merchandise, food and beverages, are expected to continue to rise as per capital disposable income growth begins to pick up in 2014.

Yapdosy is also helping this event industry to grow by creating new ways to sell more tickets and by providing opportunities to generate more revenue. Yapsody is a FREE friendly online ticketing system, that’s mean now fans can buy event tickets without paying any convenience fee, ticketing fee, print at home fee etc.
Yapsody encourages all event presenters to use our online event ticketing system when selling tickets for all their future events because buying event tickets without any extra fee is the biggest incentives for fans and it will definitely draw their attention to buy more event tickets, which eventually help event presenters to generate more money.

YAPSODY Content is protected by copyrights, trademark, and/or other intellectual property laws. User agrees not to copy, reproduce, distribute, publish, display, repost on any website, or create derivative works of the YAPSODY Content without the express written permission of YAPSODY or as otherwise expressly permitted pursuant to the TOU, or to the extent that YAPSODY Content sharing functionality is provided by YAPSODY. YAPSODY reserves all rights to YAPSODY Content not granted herein.
Event Promotion

Was this post helpful?

We'd Love to Hear Your Thoughts on this Post


Author Yapsody

More posts by Yapsody