Today’s guest is Ed Vincent, Founder and CEO of FestivalPass. Ed and his team are trying to reinvent the model for accessing live events and how we go about deciding what events to go to as consumers. FestivalPass is the first festival and live event subscription marketplace that provides access to music, film, food and wine, tech and innovation, sports and entertainment and more. His data-driven background is trying to help shape the future of the live events industry.
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Show Notes
4:32 The Building of FestivalPass
7:50 Lessons Learned from MoviePass
9:24 Utilizing Credit Systems for Dynamic Pricing\
13:55 The Vision for FestivalPass
15:08 Bringing Sports onto the FestivalPass platform - Brokering Deals with Ticket Providers
20:25 Creating Value and Understanding Behaviors in Subscription Models
26:35 Future Outlook on Live Events
28:33 Understanding Consumer Confidence in Getting Back to “Normal”
30:28 The Strategy of FestivalPass Post-Pandemic
35:41 Criteria for Analyzing Failed Ideas
38:13 Evaluating Core Principles for Implementing Ideas in New Industries
40:43 New Trends in the Live Events Space
44:30 Importance of Building the Infrastructure to Meet the Business Demand
46:42 Applying Design Thinking to Your Business
Additional References
Jake Knapp: Design Thinking Explained
Contact Ed
FestivalPass | Facebook | Twitter | Instagram | SnapChat
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