Eventbrite gives you all the online tools you need to bring people together for an event and sell tickets.
Eventbrite Hits $1 Billion In Sales
Selling tickets online looks like it’s the new cash cow and the recent success of Fandango looks to have stretched well beyond its corporate doors. Another online ticket selling platform in the form of Eventbrite is also doing well and by doing well I mean selling over $1 billion in tickets.
Eventbrite based on its growth numbers looks like it was ‘built’ to do well. The platform was launched way back in 2006 but saw a massive growth spurt back in 2009. From the start of that year till around the end of 2010 the company went from $100 million in sales to a staggering $400 million—and as mentioned before, is now doing a billion dollars easy.
You need look no further than Twitter and Facebook for Eventbrite’s success. Since leveraging both social media platforms, the company has steadily and in some cases rapidly increased its share of the online ticketing market. Revolutionary ticket-buying Apps like the iPad “At the Door” feature makes it easy for patrons to show up at the event and buy a ticket without the usual hassle associated with these kinds of ticket purchase.
The fact that Eventbrite caters to events on an international scale hasn’t hindered its cause either and people most North American, European and even as far as Australia can access its services.
Eventbrite has keen competition in the form of fandango so it will be interesting to see if any moves are made to consolidate respective positions through some acquisition of minor players in the space.