Easol Launches Resale Product to Deliver end-to-end Control over Ticketing for Event Organizers
• The solution will help events to tackle fraudulent ticketing and inflated resale prices that can damage organiser’s brand reputation and customer experience
• Having an end-to-end solution of this kind means that no data is lost, so organisers can have full visibility of the events they are running as well as capturing all the data necessary for remarketing
• The first product of its kind, Easol’s integrated all-in-one platform puts ownership of every aspect of their business including finances, data and brand back in the hands of event organisers
Easol, the leading experience commerce technology company, is set to revolutionise the way tickets for events and festivals are resold with the launch of a new integrated resale feature. Designed by event organisers for event organisers, Easol’s all-in-one platform is the only product to offer organisers the ability to build their own end-to-end booking platform. Alongside the ability to control every aspect of your events business, from build and sell on your own website, customising your booking journey, offer add-ons and upsells, through to owning all your customer data. Launching summer 2023, Easol Resale will also soon be available for events of all sizes across many sectors in the experience industry, from mass participation sports events to wellness retreats and tour operators.
HELPING ORGANISERS TACKLE TICKETING FRAUD: Recent research from Lloyds Bank has warned of a sharp increase in ticketing scams ahead of this summer’s busy events season, with the number of people being scammed while buying event tickets increasing by 128% over the last 12 months. At present, many event organisers work with third-party platforms to resell their tickets. The lack of regulation on third-party resale sites leads to an increased risk of fraud and touting. Revenue lost to ticketing fraud can add up to as much as $30,000 for a single event. Easol Resale offers organisers a secure, first-party resale method, allowing them to bring resale in-house, keeping tickets in a closed loop system. By doing so, organisers can completely remove the risk of ticket fraud by owning all sides of the ticketing process.
Secondary resale platforms are often fan-to-fan marketplaces and allowing the seller to set their own prices, opening fans up to sometimes wildly inflated prices which can damage the event organiser’s brand. Easol Resale enables organisers to set prices that they are comfortable with, ensuring that their customers are never exploited by outside vendors.
STREAMLINING OPERATIONS: Easol Resale allows organisers to manage the full booking process, from initial sale to resale, whilst deciding on their own profit margins, fees and allocations. Easol’s all-in-one booking platform also incorporates key product features that will streamline event operations such as automated ticket transfers and inventory management. This means that organisers can deliver a better service to their customers including no delay between resale and refund, as well as significantly reducing the time they spend on administration.
RECLAIMING VALUABLE DATA: In contrast to third-party platforms, Easol Resale is hosted within the organiser’s own website, giving them complete ownership of their customer data, which is essential for retargeting and marketing. Organisers will also have access to live data insights that give an overview of how many tickets have been submitted for resale, allowing them to guarantee high attendance at their event by ensuring tickets don’t go unused. Easol’s approach to ticketing eliminates the need for organisers to log in to multiple different domains to oversee operations, providing a more streamlined and user-friendly option for all parties.
Ben Simpson, CEO and Co-Founder of Easol: "With the launch of our new Resale product, we're proud to be delivering a fairer way to resell tickets that truly benefits the experience creator and puts them in full control of how their event is being sold - as it should be! Our Resale product will support creators to manage everything on their terms like setting their own fees and protecting their customers from risk of any fraud. Our mission has always been to empower experience creators to maximise their potential to grow their business and we’re excited for how this new product can help put the power back into the hands of the creators.”
Easol Resale will become available to all organisers on the Easol platform in Summer 2023. To learn more about how Easol can empower event organisers to grow their business, they can book a call with an Easol experience expert.
Niveen Saleh
Easol
nsaleh@fireoth.com
Distribution channels: Amusement, Gaming & Casino, Conferences & Trade Fairs, Music Industry, Technology, Travel & Tourism Industry
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