How Paymes Events can Boost Event Planning Business Revenue
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The market for event tickets in the UAE is expected to rake in revenue of USD 267.10 million by 2028 after growing at a steady pace and the number of users is likely to hit 2.1 million. As per event industry trends, music and sports events are likely to be especially popular. So, if you are running an event planning business, now is a good time to attract and convert your target audience in a strategic manner. And since the ticket booking process plays a pivotal role in determining whether a potential customer will go ahead with the purchase or give up halfway, you need to make it as simple, safe, and efficient as possible. Event, an innovative feature from PayTabs’ Paymes, can show you the way. Here’s how to use it and how Paymes Event can help boost your revenue.
Get Started with Paymes Event
Whether you are selling workshops, seminars, concerts, exhibitions, or shows, you need payment integration solutions that allow customers to locate and pay for tickets quickly and easily. This is the reason why Paymes Event is just what you are looking for, as it turns ticket booking into a single-page experience. Getting started takes just a few steps:
- Sign up with Paymes by providing necessary details. You will usually need to supply your bank account details, trader certificate, and Emirates ID as documentation. Expats need to provide their passport and visa details too.
- List events along with images, locations, and time slots. Images play a crucial role in grabbing eyeballs and giving customers a quick peek into what to expect. For online events, you can provide the joining link instead of location.
- Start selling tickets and get the list of participants on a single file post sale.
- With Paymes, you can also sell monthly and annual tickets at attractive prices.
Now, let’s see how using Paymes Event in the UAE is one of the best strategies for event planning businesses.
Boost Revenue with Paymes Event
Paymes Event can not only enhance your revenue, but also benefit your business in other ways:
- Easy Payments: Customers can pay by simply scanning a QR code or clicking on a secure link. It will not only make the experience frictionless and fast for them, but you will also receive the revenue securely.
- Zero Paperwork: By taking the entire event listing and payment process online, you won’t have to worry about storing and managing physical documents. Data will be safely stored on the Paymes platform, making it easy for you to access and study the same in the future. Zero paperwork also means lower carbon footprint, which will create a positive impression on customers.
- Data Security: Advanced encryption and robust security measures will ensure that no transaction is vulnerable to cyberattacks or frauds. Both you and the customers will have the peace of mind necessary for participating in online business.
- Improved Conversion: As an event planning business, driving customers from the consideration to decision-making stage depends on how easy you make it for them to explore events, make a choice, and buy the tickets. While the quality of events surely matters, how you present them is also important. Paymes Event makes it simple by displaying your listed events with vital details in a neat manner and customers can even filter them based on different parameters if required. Once they make a choice, payment takes just a few seconds. Hence, the overall customer satisfaction improves, boosting the conversion rate.
- Affordable: Using Paymes Event is highly cost-effective and allows you to maintain the profit margin you desire. No matter how big or small your business is, this platform can help you scale and thrive.
- Enhanced Revenue: Revenue optimization is easy with Paymes Event as you can convert more, sell more, and receive payments on time. In fact, you get notified about upcoming payments as well, which means you can predict the future financial health of your business.
- Data-backed Decision-making: With Paymes Event, you get to collect the data of participants for any particular concert, workshop, lecture, or show. By analyzing the same, you can get an idea about customer preferences, purchase behavior, and their budget. This can help you tailor marketing materials strategically in the future based on the type of customer and reap more revenue.
Make the Most of Paymes Event
The event landscape in the UAE is on a roll currently, which means you need a powerful competitive edge as an event planning business. So, signing up with Paymes is one of the smartest moves you can make. Not only will customers love the experience, convenience, and flexibility, but you will be able to sell more tickets than ever, maintain a healthy cash flow, and grow your revenue fast. Affordable fees and minimal documentation imply it is easy to get started with Paymes Event and enjoy the desired profitability.