is event hosting business profitable?

[Stardom22]

In my country that business is not very profitable. This is because most people are used to attend in the free hosted events so to speak. They would however barely pay for being entertained.

 

[Passiveearner]

There are many event hosting companies in my country. They tend to host the even and manage the things. However, not all the people hire them because they tend to manage the event themselves.

 

[aovurevu]

This is for those that just want to host an event where people come around buy tickets and he entertained. I think it is good money making idea as people's are always willing to buy these tickets to entertain themselves.

This kind of business idea is very profitable as one will be able to make lot of money in return and that could be done by selling out tickets and also inviting brands for advertisement or sponsorship .

 

[cherry123]

That's the reality you can make good money off this kind of business idea if you can run it well. it is very profitable as one will be able to make money

 

[capri]

A key prerequisite to the profitability on a event hosting business is that the owner needs to have sufficiently broad networks with talented entertainers. In a way, the performances of these internationals comprises the items that a business person sells to earn an income. For sustainability, the businessperson should keep brining in new entertainment talent.

 

[Hate2Wait]

Its a profitable business as you can earn good profit and you also need to be good at certain things and need a team to manage all this properly without any mistakes

 

[Abdul01]

For this kind of business to bring more profit , an artist could be invited like a well know artist and that would make a lot of people buy the ticket even if the price is raised a little higher.

 

[cherry123]

Business idea of this nature is very profitable. You might just need connections at the beginning to get known. But when you are known you can easily make money without any one help

 

[Semi]

In my country where people love enjoyment, you would make money. That is because entertainment is a huge industry that pays. Just understand the business part of it and you are on your way to make millions.

 

[aovurevu]

In my country that business is not very profitable. This is because most people are used to attend in the free hosted events so to speak. They would however barely pay for being entertained.

Ohh, it's quite different here in my country as people are always eager to attend events and really love partying ,especially when a music artiste is being invited , fans and even other people will be out there to buy ticket for the event

 

[cherry123]

Definitely, in Nigeria entertainers make money as entertainment is a huge industry that pays so much to it's members Just understand the business part of it and take advantage to make money

 

[Semi]

Ohh, it's quite different here in my country as people are always eager to attend events and really love partying ,especially when a music artiste is being invited , fans and even other people will be out there to buy ticket for the event

That's very true of our country. People spend money on giving themselves a good time. I once attended a comedy show where a table for 10 was priced at about $5000 and it was sold out.

 

[Starmix]

This is a very good business, There are always people needing even hosting services, especially weddings and birthdays. The charge per hot is big. We experienced it in our family.

 

[Passiveearner]

I may also say that the profitability of this business depends a lot on the demand of the services. Most of the people in here manage events themselves, so this is not that much popular kind of business in here.

 

[Stardom22]

Definitely, in Nigeria entertainers make money as entertainment is a huge industry that pays so much to it's members Just understand the business part of it and take advantage to make money

I agree with you on that my friend. Most people would like attending occasions that are being organised by the celebrities. Mostly these kinds of events receive higher attendance and the organisers would be paid higher.

 

[Smalto]

Ev

This is for those that just want to host an event where people come around buy tickets and he entertained. I think it is good money making idea as people's are always willing to buy these tickets to entertain themselves.

Event hosting business is a very lucrative type of business, just have to situate it where people can easily locate it. And boom you're as good as an automated teller machine,

 

[cherry123]

Yes, Event hosting business is a very lucrative type of business especially in the urban centers. you just have to be in the entertainment industry in your country. it is a good business

 

[Niyi Briggs]

The other part is that you would have to look for brands that would sponsor your events. A person cannot organize a concert out of pocket except it is a small concert. You have to approach big brands and sell the events to them.

 

[cherry123]

Yes hosting business need one hustling for sponsorship from brands and events. Organizing and hosting any kind of events that will be profitable need supports of others to work out.

 

[Blessed19]

hosting of an event is actually profitable when good but you will spend a lot of money especially if it has to do with inviting guest artist who are actually big names which will draw out crowd to your event.