Common misconceptions about event venue sharing - PowerPoint PPT Presentation

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Common misconceptions about event venue sharing

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In this, we have explained the Common misconceptions that entrepreneurs are thinking about event venue sharing. Four myth will be dissolved and you will be given an insight into the event venue sharing industry, for your entrepreneur journey. Learn more about how our RentALL Airbnb clone solves your problem. Visit our website for more details. – PowerPoint PPT presentation

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Title: Common misconceptions about event venue sharing


1
Common Misconceptions About Event Venue Sharing
2
MYTH
MYTH 1 It is just for sharing wedding events
and baby shower MYTH 2 You can
t earn a fortune MYTH 3 It is difficult to
market your venue sharing Website
MYTH 4 Its difficult to build your supply
chain
3
MYTH 1 It is just for sharing wedding events and
baby shower
  • You can share your venue for any events such as
  • Corporate meetings, events and conferences
  • Workshops
  • Photo/film shoots
  • Classes like dance, fitness, yoga
  • Parties
  • Wedding, baby showers, anniversaries, rehearsal
    dinner
  • Fast and easy booking of event venues without
    much strain

4
  • Successful companies like Splacer and Peerspace
    offers venue space for more than 150events which
    you cant possibly imagine.
  • Do you know why this venue sharing website is
    successful?
    It is because,
  • Venue space can be booked for various events
  • Fast access to information of all venue spaces in
    town

5
MYTH 2 You cant earn a fortune
  • Incorrect! Actually, you can earn lucratively if
    your website is appealing, fast loading, given au
    thentic information, well advertised.
  • Plus, considering the entrepreneurs vision for
    the company, feasible business plan and a good
    strategy to push your company to success.

6
  • As the saying goes Face is the index of the
    mind, likewise your website design reflects
    everything.
  • Make sure the website you create is attractive
    and curious enough to make visitors scroll
    more.

7
  • If you are going to copy your competitors
    business plan and strategy, it is not going to
    work out.
  • If you are going to provide the same service
    what your competitors are doing,
  • How customers conceive the difference and prefer
    your service?
  • Do your market research.

8
  • Find the flaws of your competitors and make that
    as your strength.
  • Thats one way to stand out of the crowd.
  • After finding your niche, devise your business
    plan and strategy.

9
  • More than success, read the failure stories of
    entrepreneurs.
  • Get to know how they flopped and the decision
    taken regarding it.
  • It leads to having a concrete plan of things
    not-to-do and new ideas you thought of
    experimenting in your business plan.

10
MYTH 3 It is difficult to market your venues
sharing website
  • You can market your event venue sharing website
    as long as you have a well-devised marketing
    strategy and know the needs of the user.
  • At first, know the type of events organized in
    your locality and the peoples preference for
    event spaces.

11
  • Each city or country has its own history,
    festival rituals, and ceremonies.
  • Observe and think about how you can help the
    community, as thats what sharing economy is all
    about.
  • So, think about how your website can help people
    which your competitors cant able to supplement.

12
  • Two, Advertising.
  • Advertise to venue owners on how they get
    profited and helps them in return.
  • As you need to maintain the supply and demand,
    make sure you advertise to users about your
    company

13
MYTH 4 Its difficult to build your supply
chain
  • Absolutely not, it just takes time to balance the
    supply and demand.
  • The trick is to build your sellers first than
    your renters.
  • If you have no seller on your website, customers
    would go away.

14
  • You must have heard about Uber, who is now a
    top-gear in the car rental industry.
  • When they first launched, they attracted car
    riders by giving a stable income even though they
    seldom get customer rides.
  • They waited until more customers engaged in the
    platform.

15
  • I know this strategy can jeopardize the company
    of a great deal.
  • But if you are confident with your unique
    business idea, give it a try.
  • At the same time, having a backup plan is a wise
    thing.

16
Wrapping it up
  • Most people dont realize how the unused and open
    spaces.
  • It can turn into gorgeous venues to organize
    events.
  • Event space websites are build based on this
    ignorance.

17
  • At the same time, this helps in building a
    community.
  • I hope, these four myth has dissolved some
    opinions.
  • And it has given you an insight into the event
    venue sharing industry, for your entrepreneur
    journey.

18
RentALL helps you?
RentALL helps you to build your own Event venue
sharing website which can be scalable and easy to
maintain. And then are still tons of feature
available in our Clone Script. If you are
interested, please try our demo,
http//demo.rentallscript.com.
19
Thank You! ?? Please Share Your Feedback to
support_at_radicalstart.com and we will be really gr
ateful to your support.
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