How to save money by utilizing the run.events event management software

hybrid events

Event planning can be an expensive endeavor, but with run.events you can anticipate significant cost savings. By transitioning to this comprehensive system, event planners can save up to 50 percent on expenses, on average. Let’s delve into a detailed case study that demonstrates how run.events can save you money in comparison to conventional event management tools and systems.

In this blog post, we will take you through a real-world example involving a fictitious event with 2,500 attendees and an average ticket price of 800€ in Germany. Our data is current as of 17 July 2023. Join us as we demonstrate how run.events can substantially reduce expenses and improve your bottom line.

Admission Ticketing
Eventbrite is a popular option for event ticketing systems, offering robust features such as invoicing and refunds as part of their bundle. Nevertheless, it is crucial to consider the fees associated with Eventbrite’s services. In the United States, the commission is 3.7% plus $1.79 per sold ticket, whereas in the United Kingdom, the commission is 6.95% plus £0.59 per sold ticket. Eventbrite charges 5.5% plus €0.99 per sold ticket for our fictitious event in Germany.

There are more affordable alternatives to Eventbrite, such as ti.to, which charges a flat 3% service fee. It is essential to note, however, that these alternatives frequently lack comprehensive invoice administration, which includes tax invoices, invoice corrections, cancellations, and tax statements.

Now, let’s examine a case study to demonstrate how event management software can help you save money and reduce expenses. Eventbrite, ti.to, and run.events will be compared for our fictitious event:

Eventbrite: (2,500 x €800 x 5.5%) equals €111,000 plus (2,500 x 0.99) equals €2,475. Total Eventbrite charges would amount to €112,475.
ti.to: €60,000 = €2,500 x €800 x 3%.
run.events: €44,190 (service charge of 2.21%).

Read more at: https://run.events/blog/how-to-save-money-using-event-management-software-case-study-with-run-events/

Read similar stories at: https://eventtechnology.org/category/technology-news/registration-solutions-news/

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