The time has come! The day you have long been waiting for, to play with your favorite band. Now it’s time to grab your gear, pile in the van or multiple vehicles, and head to the show but first you need to:
- Get gas for vehicle(s): $20.00
There’s also tolls but we won’t factor that, we’ll just assume the show is relatively close.
Now standard practice is you get $1.00 for every ticket you sell and once you sell 50 tickets then you get $2.00 a ticket. Lets say you don’t hit your quota and you sell 49 tickets. Some promoters may make you eat the cost of that ticket but lets give them the benefit of the doubt and say that you just give back what you didn’t sell.
- Amount collected for tickets sold (49 @ $25.00): $1,225.00
- Your cut: $49.00
Now lets do a rough estimate of expenses to get your sales:
- Gas for driving to fans: $15.00
- Gas to get to show: $20.00
Total Expenses: $48.65
Final Earnings After Expenses: 35¢
After all the work you put in to promoting the show the venue gets $1,225.00 you NET 35¢. That’s not even enough to afford a stamp to send out 1 more ticket!