Smart ticket management platform for corporate clients
Ticketnology monetizes primarily through recurring subscriptions priced at a flat annual fee, with high customer renewal rates around 96% year over year. Additionally, they generate revenue from transactional sales related to buying or donating tickets. They also provide consulting services, including personalized training and ongoing client support.
“we have an incredible commitment of our customers. Once we get them on board, we tend to have really good renewal rates. We sit about 96% on our renewal rates year over year. We're an annual contract versus a monthly, which makes us just a little bit different in the SAS business.”
“We price at a flat annual fee.”
“I was still helping clients. They would call me and be like, should we renew? What do you think about this? I was a consultant to companies that I had been working with for years and years.”
“we come in as that champion to really help them. We run, you know, trainings and personalized training docs for clients and all of that.”
“we have a transactional side of selling tickets or donating tickets.”
“we have a mix of the SAS reoccurring, plus then companies that want to buy or sell extra tickets, which factors into that.”