What does “up to $X in ticket revenue mean”?
This is the combined revenue of all your ticket sales (if you were to sell out). If you have a smaller event with less revenue, we discount the monthly price and receive a larger share of the extra revenue we generate for you.
If you have a larger event, we take less of a share of revenue and a slightly increased monthly cost.
This helps events of all sizes with a budget appropriate to them.
What does “extra revenue” mean?
InDemand dynamic pricing works to make you additional revenue on each of your tickets by increasing price based on demand.
When we create additional revenue for you like this, we take a percentage share of it. This incentivizes us to get the maximum value for your tickets.
For example, if your tickets were $100 and InDemand determined they were underpriced, it might increase them by $50 to $150. We would then receive a percentage of that extra $50.
We never take a share of your original ticket price.
How will I be billed for this revenue share?
You will receive an invoice at the conclusion of your event.
Is there a revenue share for Viral Boost?
No, revenue share is only for InDemand dynamic pricing. Viral Boost is included in your monthly subscription cost.