7 reasons why you should use a cashless payments solution for events

I am a huge fan of the cashless payments solution, there’s no secret here. Today I would like to list 7 of the most important benefits of using one for your events.

picture showing Oveit's cashless payment solution used at an event
1. The cashless payments solution increases your revenue

As the cash habit fades away, customers tend to increase their spending limit. Reports show that attendees tend to spend up to 30% more at events where a cashless payment system is in place. They love to buy, but they just don’t like the long queues that make them lose all the fun. Which takes us to reason #2.

2. It speeds up transactions


The tap and pay system is, by far, the fastest way to process transactions. According to American Express, cashless payments are 63% faster than cash transactions and 53% faster than classic debit/credit card transactions. Each transaction can be processed in under 5 seconds, a mid-sized cashless payment set-up allowing you to process over 20 transactions/second.

3.Detailed live reports

The cashless payment system gives you live access to real-time data. It’s 100% transparent, allowing you and your partners to see live how much money attendees are spending (and how). It also allows you to create “cohort reports” and segment your attendees based on their spending habits (and combine those reports to any demographic data you have collected).

4. Fraud and losses become a thing of the past

With a cashless payment system in place, fraud becomes almost impossible. Not handling cash or tokens will make it impossible for someone to steal the vendor’s income or the attendees’ money. Human errors may still appear, but with an easy to use cashless payment system, they are highly unlikely and easy to correct.

5.Multiple revenue streams

Using smart NFC tags for payments allows you to also use them for attendee engagement and experiential marketing. The event ticket is paired to the tag (that can be stored into the event wristband, card, or badge) and allows attendees to interact by a simple tap of the hand. It can also be used for smart screens and gamification, converting your event into one fun ecosystem. And sponsors are always attracted to new ideas for attendee engagement.

6. Less staff needed for access control

The event wristband can also store your attendees’ access credentials. Permissions can be checked by a simple tap to an NFC receiver, allowing you to delegate your team members to more important tasks. It’s also faster than traditional scanning, allowing attendees to move to different sections of your festival without having to wait in endless queues.

7. Increased overall attendee experience

I have saved it for last but in my opinion, this is the most important benefit of using a cashless payment system. The speed and safety that it adds to your event will make the whole experience unforgettable. Not having to carry your wallet, being able to purchase a beer without having to wait for ages, allowing you to use your wristband to claim perks, those are all benefits that we all crave for.

Why use our cashless payments solution?

What differentiates us? With Oveit you can set up a cashless payment solution without the need for expensive hardware. We have developed a mobile app that transforms your mobile phone into a powerful and easy to use POS. No need for special scanners or NFC devices; add credit and record purchases using just day to day mobile phones.
Another reason why you should definitely use or solution is that it works both online and offline. And because it does not require a special set-up it can be used in any location you wish. Like a remote island or the top of a mountain.

Contact us for more info.

November 26, 2018 Event management, Event tech, Events, Festivals, Oveit Features 1 comment

Can unusual events be your thing?

Being an event planner offers you the chance of hosting many great events. I think that every one of us dreams of hosting the perfect concert or conference that will forever remain in every attendees’ heart and mind. But I also think that many of us would love to host all sort of unusual competitions, championships or festivals, but are too scared to do it. Why?Because “what will people say?”, “who will attend?”, “it’s too weird” and so on. Considering the fact that there’s some “Chemical X” in all of us I think that sometimes we just need someone whispering “everything is possible” –  and we will find the power to follow all these weird ideas. And in this case, I would just love to be one shouting that every unusual idea can be transformed into a very successful unusual festival (contest, race etc). So I gathered a list of some famous, but curious festivals/contest to show you that every idea can be transformed into a successful event.

Air guitar Championship 

Have you ever dreamed of playing your guitar in front of a hypnotized crowd but then realized that you never actually learned to play it? Good news: Finland hosts Air Guitar World Championships, where you don’t need a guitar for a great guitar solo. Here moves are more important than the music so at AGWC only the passion with which you play your imaginary guitar counts. If you plan on becoming the new guitarless Jimi Hendrix you should know that the next edition of AGWC will take place between the 22nd and 24th of August (as part of the Oulu August festival).

participants on stage at Air Guitar Festival

source: airguitarworldchampionships.com

World Beard and Moustache Championship 

Beards and Moustaches. As we all know facial hair is a simple sign of a high testosterone level, and which man doesn’t want to show off with that? Hmmm…maybe this contest is not so unusual after all. There are multiple local/national beard and mustache contests but also an international one – World Beard and Moustache Championship.

Baby Crying Contest

Do you know the popular theory that a crying baby is a healthy one? Well, in Japan there is even a contest of crying babies. This hundreds years old “contest” is meant to help babies scare off the demons, so the louder the scream the longer/healthier the baby’s life. The participants (little babies) are held on stage by sumo wrestlers that encourage them to cry by wearing masks or simply “whispering” them to.

Rock-Paper-Scissors

Rock-Paper-Scissors is not an unusual game (as for years and years decided for me and my friends who will go to the store or take out the garbage) but a World Championship…that was new (to me). Unfortunately, there are some issues with the event and Worldrps.com announces that currently there aren’t any scheduled for Rock Paper Scissors International World Championships but there are plenty of local tournaments to prove you have the skills.

Wife Carrying Festival 

The wife carrying contest originated in Finland and, over the years, has spread around the world, similar competitions being held in North America, Australia or the United Kingdom. Beside multiple local contests, enthusiasts can participate to the Wife Carrying World Championship (if they are good enough, of course) held where else than in Finland. The first 20 editions have all been won by Europeans, I think it’s time for this to change.

Ironing can be transformed into an unusual competition 

I don’t know anyone who doesn’t think that ironing is a very annoying task, but it seems that things change when you add some adrenaline to it. Otherwise, I can’t understand why Extreme Ironing even exists – you can do some extreme sport without carrying your iron board with you, right? Extreme ironing enthusiasts organized a World Championship back in 2002 and 12 team took part at it, demonstrating that even ironing has its fans (or maybe it was the adrenaline rush activities that gathered them, we will never know for sure).

Shin-Kicking World Championship

As the name says this sport involves getting your shins kicked…ouch! Originated in England, this sport still attracts great crowds to the Cotswold Olimpicks. I wouldn’t dare to look, not to mention taking part in a “shin fight”, but if you fancy yourself in the middle of the action you must know that the next event takes place on the first of June, 2018. May the Shin be with you!

October 26, 2017 Event professionals, Events, Festivals No comments yet

How to use Facebook to promote your event management organization

“If you’re not on Facebook, you don’t exist.”

In my opinion, this is definitely false; I know many people who don’t have Facebook accounts and still have a very active social life (ok, maybe not so many, but I know quite a few). The real question is: it is possible for a business to exist without being present on Facebook? I don’t really know.

scrabble letters writing Facebook

But the fact is that Facebook can be a real game-changer, offering access to over 2 billion people around the world.

And I think it’s great if you are an event planner because it helps connect with so many potential attendees. And it’s definetely useful when you decide to sell tickets online.

How to promote your event management business on Facebook? There are many ideas that could work so I am going to present you the basics of what you should do.

Create a page for your events.

Create a Facebook company page. It’s the first thing that you should do, although there are ways to promote your business on FB without actually having a page(but it will cost you). Facebook is sometimes used as a search engine so it’s in your best interest to offer relevant information for those looking. Use a relevant profile picture so people will recognize your brand and, very important, don’t let the “About” section blank.

Let’s say you plan a large annual music festival; use your logo as a profile picture, so people will associate your FB page with your festival from the first second. For the cover photo, a photo of people having fun at your events works great.

Share content

Although the number of followers that see your organic posts has declined in the last few years (so that you will need to put some money in it) it’s still important to share content on your page. Used as a search engine FB will redirect people to your page and a neglected one won’t do you any good. Create quality content for your followers but also use content created by your partners. Planning a festival? Share videos of the artist that will perform. Conference? I’m sure the main speakers would love it if you would share some of their viral posts. But remember that short posts with graphic content perform best on Facebook.

Frequency is important

As on all social media channels, FB also requires you to post with a certain frequency in order to stay “top of mind” with your followers.  But be aware that posting too often can do you more harm than good. It seems that there is a tight connection between your number of followers and how frequent you should post (once or more times a day), you can find out more about this here.

Reward your followers

A great way to show appreciation to your followers is to set up exclusive promotions,  only for them. Generate a discount code available for a certain period of time; offer free T-shirts to your most engaged followers; set up a contest with a substantial prize involved (I am not referring to the “like, share and tag” type of contests as I am not a big fan of them).

Create an event on Facebook

Another great way to create some buzz is by creating a public event on the platform. People can share public events, invite friends to attend and, most important, hit the “Interested” or “Going” buttons. This way the event will become visible to the FB friends of those that interact with it, helping you reach a greater number of possible attendees.  Offer as many information as you can, as FB has an algorithm that recommends events to users based on interests and behaviors. While Facebook might be a great place to promote your event, you will most likely need an event registration software as well. 

Promote your event with Facebook Ads

Facebook Ads are a great way to promote your events. Before starting a campaign you can select your goals for the campaign (as app installs, conversions, brand awareness, reach, traffic etc) and then the targeted audience. The really great part is that Facebook helps you define your audience by both geographical and demographical criteria. You can create your audience by location ( the city in which they live), sex, age, interest; you can choose if your Ads reach your followers and/or their friends. This is a great info that can increase your conversion rate if you use ads to sell tickets for your events (as new clients are more likely to buy tickets for events where their Facebook friends will attend).

P.s. as I said at the beginning of this article you can use Facebook without a page – with Ads that are linked directly to your website, but I think that it works better when you are present on the platform.

As said before, I don’t know if it is impossible for you to make it without being online. I really don’t. But I see on a daily basis how event management businesses use it to reach their attendees and sponsors. I see how technology offers you the chance to sell tickets all over the world and have instant access to your revenues. I see how it changes the whole world.

Updated 06.12.2021:

If you are a tech-savvy that is always looking for new ways to create memorable experiences we have great news! With Oveit, you can create, mint and sell NFT tickets for your events, allowing your attendees to actually own their part of the experience.

August 26, 2017 event marketing, Event professionals, Festivals No comments yet

5 events that gathered more people than expected

5 events tblog2

“Be careful what you wish for”, states an old saying. That’s probably because we have a habit of not preparing for what we wish for, but this is just my opinion. After taking a good look at the event management scene I observed that #eventprofs tend to wish for some things more than others. Of course, every event is unique, but there are some frequent desires that you can’t overlook.

One of these wishes is to create a meaningful event that will enrich the lives of those taking part. Another desire is that people actually take part in the events, and it’s perfectly normal; you want people to enjoy something that involved commitment and hard work (this is why we wanted to help and published an article about how you can use Snapchat and Instagram to promote your event).

The question that inspired this piece is “are there ever too many people at an event?” (and I wasn’t considering political or religious events). Then I started documenting sports and entertainment events where the crowds exceeded expectations. There are many events that gathered enormous crowds and unfortunately not all of there are “happy-ending stories”. Today I want to share with you 5 of them that caught my attention (I really can’t tell why these ones and not others, and I hope you will find these cases as interesting as I did).

Be prepared. Attendance can exceed the expectations

1994, Rio de Janeiro. Officials from Rio wanted a big event that would help tourism re-flourish. Rod Stewart’s new year’s eve concert and the midnight fireworks gathered over 4.000.000 people on the famous Copacabana Beach (according to Guinness World Records; others say that there were about 3.500.000 people on the beach, but it’s hard to have an exact number in these circumstances). Just think that Croatia ( a Central European country) has a little over 4.000.000 citizens and you will truly understand the size of that crowd. I think it’s safe to say that the crowd exceeded the organizer’s expectations.

1988, East Berlin. It seems that only half of the nearly 300.000 people that gathered for Bruce Springsteen’s concert actually bought a ticket. Millions watched it on public television. Authorities understood that it was almost impossible to stop over a quarter of a million people that were storming the gates so everyone had the chance to see the live performance (ticket or no ticket). There’s a myth that every east-german between the ages of 18 and 45 saw the concert – live or on TV. What would you have done in a similar situation?

1950, Rio de Janeiro. 173,850 spectators paid to see Brazil against Uruguay in the World Cup’s Final, but rumors are that almost 210.000 people crammed into Maracana on that day of July. It was the first World Cup event after 1938 (the Second World War canceled the 1942 and 1946 editions). Everyone was so sure that Brazil will win that they even composed a new song…” Brasil Os Vencedores” (Brazil the Winner), ready to be played right after the final whistle. Brazil lost 2-1 that day and that great crowd was reduced to silence.  Alcides Ghiggia, the scorer of Uruguay’s winning goal, once said: “Only three people silenced Maracana: the Pope, Frank Sinatra and me”.

1979, Great Britain. The Knebworth Festival brought Led Zeppelin back in England after 4 years and also brought a large number of people to the venue situated near the village of Knebworth. There was a dispute about the number of attendees and the two involved parties came out with two different opinions: 104.000 (tickets sold) vs over 200.000 (attendees). This is how I found out that at a concert an acre accommodates about 3000 people (a useful information for someone involved in the event management business). Today an RFID wristband would count every single attendee while you take a nap.

2013, Russia. Rock on Volga festival gathered almost 700.000 in 2013 when the German band Rammstein was the main headliner. Known as one of the largest one-day festivals in the world, Rock on Volga stunned everyone by (almost) doubling its size from one year to another. A rise in attendance numbers was expected but the crowd gathered to see Rammstein was beyond anyone’s imagination (I noticed that Russians tend to enjoy rock concerts more than others, there are a few concerts that gathered really spectacular crowds).   

The world changes, and although technology makes it easier for us to manage big events, it’s becoming harder and harder to gather such large crowds (although not impossible). There is a little bit of romance in these stories, but there are also many security issues. Unfortunate history taught us that accidents may occur and that large crowds are hard to manage so if you are planning a big event, learn from the past, and prepare for the unexpected. Great crowds are a bliss, but you have to be ready to manage them.

July 10, 2017 Concerts, Events, Festivals No comments yet

Event Marketing Through Stories: Instagram vs Snapchat

“It is clear to us that regular users’ Snapchat usage/engagement have gone down significantly since the release of Instagram Stories” writes Charlie Buffin

Event Marketing

For almost one year now, it’s been quite a war between Snapchat and Instagram – Why?

Well, on 2nd of August 2016 Instagram has launched the Instagram Stories, which are the identical copy of Snapchat Stories. For those of you who don’t know what Snapchat does, here is a brief intro; a Snap is a picture or video you send through the app to one or more of your friends. It will disappear after a maximum of 10 seconds and can only pe played twice. You have the option to add multiple photos and videos as well into the “My Story” feed which will disappear after 24 hours and can be viewed undefined times; visible to your friends only  if you have a private account or by everybody if you have a public account.

Instagram did not stop here, and one year later it hits again by copying Snapchat’s crowd-sourcing photos which allows users to send photos or videos from a specific location or event. Basically they can add photos from their personal story to nearby locations. Afterwards Instagram will curate the photos and the selected one that would show in the Explore tab as another story, let’s say New York (story). These stories created through crowdsourcing photos and videos can be searched after the location and hashtag. Learn more how to use crowd-sourcing photos for your next event.

Crowd-sourcing photos and Geofilters are two of the features that made Snapchat famous among all types of events

Crowdsourcing photos and Geofilters are two of the features that made Snapchat famous among all types of events; managing to create a high level of awareness within numerous events by collecting loads and loads of photos/ videos from all kind of participants at the events. It is an easy and friendly way to promote and bring awareness of your event . Learn more about how to promote your event through Snapchat.

It was quite a significant hit for Snapchat when Instagram launched its “stories ” because they suffered a substantially daily users decrease.

In only 25 weeks since launch, Instagram Stories reached 150 million daily users. That’s the same number of users that Snapchat’s whole app reportedly reached in June 2016, after seeing a significant growth from 110 million daily users in December 2015, Bloomberg reported.

Another report on TechCrunch found that both Snapchat views and posting of stories counts decreased by 15-40 percent after Instagram Stories launched.

Influencers seek for Instagram’s reach

Mike Albanese the CEO of social talent media company Galore’s says “Influencers that were late to build an audience on Snapchat pretty much abandoned the platform because it was so much easier for them to reach more people through their existing audience on Instagram Stories.”

Influencers have also noticed that the engagement rates are 3-5x higher on Instagram than on Snapchat. No matter how faithful you are to Snapchat, you’ve got to do what’s best for your business.

Screen Shot 2017-06-29 at 16.21.27

Snapchat is fighting back Instagram

In order to fight Instagram, Snapchat launched Custom Stories in May 2017. Custom Stories  is similar to the normal story posting, the only difference is that it allows users to create their own events within their chosen friends. So for example, if you are organizing a birthday party, you can create a story named “`Birthday Party” and invite only the friends you would like to post in that story. Through Custom Stories, Snapchat is trying to focus more on offering a qualitative and tailored content to their users.

Creating the Customs Stories seems to be the logical step after creating  a tool that creates on-demand geofilters on the web, in February 2017, which allows users to create custom stickers for different occasions and events. And as competition with Instagram intensifies, it might represent an important milestone in the process of roping in new users.

Both Snapchat and Instagram are trying to bring people together through their stories. Even if it is about user’s lifestyle, a private event, a concert or a championship they help people spread the word and their experiences.

What makes the difference between the two, especially when using Instagram and Snapchat Stories to market an event?

Instagram

  • Has over 600 Million Users monthly with most of its users over 24 years old  (Read more)
  • Instagram’s users spend 15 minutes per day on the app
  • A big part of the activity users spend their time mostly browsing

Snapchat

  • Has 16 Million users daily with 60% of it’s users under the age of 24
  • Users spend twice as Instagram’s users on the app, approximately 30 min per day
  • 60% of user create content (Business Insider)

It only depends on what are your goals, who is your target and what kind of event are you are trying to market in order to decide if Instagram or Snapchat is more suitable for your event.

Having so many users, Instagram’s best use is to bring awareness and gain new potential attendees. But if you want to create an after event marketing, you can make sure that Snapchat is the right tool for you; Leaving all the content to be created by the community, with the wonderful slew of tools that Snapchat has to offer.

We are curious and looking forward to see how this battle is going to end. If Snapchat will raise back by increasing the number of daily users; if Instagram will manage to surpass Snapchat in it’s quality and number of features or why not  live happily ever after by figuring a middle way to survive on the “stories market” by bringing different added value for their users. All in all, social media platforms can help a lot event professionals in terms of marketing and creating awareness. However, finding the right event registration software is also a very important step to deliver a high-quality event.

June 29, 2017 Business events, Concerts, Event management, event marketing, Events, Festivals 3 comments