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| quote: | Originally posted by BradMiller
Don't kill me but what's the Groupon model? |
It's when everyone commits to paying for something at a certain price, and when the amount of commitments hits a certain level, the purchase is automatically made. It's essentially group buying. For example, Groupon would offer $40 at a restaurant for $20. If 30 people commit, then the offer becomes valid and your credit card is charged $20... you commit to pay but don't actually pay until the amount of people needed for the deal is reached.
I wouldn't use Groupon for this, just the essential model of it. Something like this: Create a list of DJ/acts that would be feasible and let the community vote on who they'd want to see the most. Then, using your own payment processor, select a venue + date, and allow attendees to commit to paying $20 on a certain date. They may not know who's going to show up yet, but they know the list, and are able to vote on it. Once a threshhold is passed (say, 100 people) - everyone's CC are charged, and a DJ is selected. If the minimum threshold isn't met, no one gets charged. Done well and the talent selected is a success, it could work. If the talent selected isn't a success, then it would be harder for me to pay $20 blindly. It's a simple system, but obviously would take some work to successfully work in this situation, but I think it could.
For example, if BLK market or Verboten pulled something like this, I would definitely go because their lineups are always quality (imho), even if I don't know the talent. I at least know Im guarenteed a decent venue, and a good crowd, which does have influence.
So, example: TA party, $20, decent location, headlining artist TBA, with local artists confirmed. If I knew a list of potential acts that were possible, but knew I had to commit to make them happen, yeah I'd do it.
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