Living Social or Groupons?

We are looking into working with Living Social in our area.  My understanding is that it is alot like Groupons.  My questions is how are you booking the tickets when you get the money so much later.  Are you using a payment method that you reconcile later?  If so, how does that work with your business office when you are closing the books on a show but you may or may not have the money yet?

Thanks,

Janna Ellis

Parents
  • Hi,
     
    We've done a couple of Groupon offers (the most recent for 800 tickets over 2 shows), and have used an "Invoice" payment method to complete the orders.  Once the check comes in from Groupon, I use that to pay off the invoices.
     
    Also, I got tired of explaining that "the price on your ticket is what we actually receive from Groupon", so this time around I created a new ticket design with no price on it.  It was lovely.  : )
     
    Lesley
     


    From: Tessitura Ticketing Forum [mailto:forums-ticketing@tessituranetwork.com] On Behalf Of Kara Whittington
    Sent: Wednesday, November 03, 2010 1:25 PM
    To: Lesley Chaney
    Subject: Re: [Tessitura Ticketing Forum] Living Social or Groupons?

    Hi Janna,

    We've used Living Social and booked the tickets on account. It is a bit complicated, and we found (after working with Groupon in particular) that we needed to be very explicit with communication of the offer- particularly in that the price price printed on the ticket will vary from that of the consumer's payment.

    Kara

    From: Janna Ellis <bounce-jannaellis6942@tessituranetwork.com>
    Sent: 10/12/2010 11:39:34 AM

    We are looking into working with Living Social in our area.  My understanding is that it is alot like Groupons.  My questions is how are you booking the tickets when you get the money so much later.  Are you using a payment method that you reconcile later?  If so, how does that work with your business office when you are closing the books on a show but you may or may not have the money yet?

    Thanks,

    Janna Ellis




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  • Former Member
    Former Member $organization in reply to Lesley Chaney

    Do you put Groupon purchases into one account or are individual accounts created?  My initial thought was to create accounts for each purchaser to track long-term success for the organization.  But that creates more processing time if invoice is used for payment.

    Thanks again for your feedback.

    Jeri

  • Former Member
    Former Member $organization in reply to Former Member

    Jeri- we did it as one account. For anyone that redeemed the voucher, we included a "join our discount ticket buyers club" which we call "eclub" so that we could capture their information for future solicitations through our own discount channel.


    Kara

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