SlideShare a Scribd company logo
1
SalesHacking
HowwehackedticketsalesforTechsauce
Dave Malhotra
Founder & Lead Hustler, SoldOutt
Special thanks to
Sasin School of Management
2
AboutMe
Major Cineplex
Beforestartuplife
ThaiTicketMajor
The Pizza Company
Pattaya Mail Media
3
AboutMe
Duringstartuplife
Dinoza
SoldOutt
ShakeSphere
4
Beforewestart,youhavetoaccept:
Nothingcomeseasy,thereisahugelearningcurve.
Theprocesswillhelpyouunderstandandreactfasterbutyoustill
havetogothroughtheprocess.
Thereisnoshortcut.
5
Aimofthistalk
Sharemystory
Inspireyouintotakingactionsthatwillboostsalesinyourbusiness
Notjustforeventbusinesses-appliestoanybusinessthathassomethingtosell.
Sharereal-lifecasestudiestobackthesuccessstories
Getideasfromyouaswell,asI'mstilllearning!
6
Techsauce
TheGoldstandardofStartup
andTecheventsinThailand
7
SoldOutt
Sales-focused,white-labeledticketingplatform
thathasbrokenthe90%+lead-to-conversion
mark.
8
Product owner
Branding
Production
Media
Ticket buying experience
Pricing Strategy
Conversions Optimization
Data collection, analysis, feedback
Most importantly, our role is to
Drive actions
9
Whatconstituteagood
Marketingstrategy
RIGHT
PRODUCT
It’s the perfect scenario.
RIGHT
PEOPLE
RIGHT
TIME
RIGHT
OFFER
10
MySalesHackingStragey
DIG IN
FIND THE PROBLEM
GATHER DATA
ANALYZE
COME UP WITH SOLUTION
DRIVE ACTIONS
11
Digintotheproblem
Identifyissuescausinglowsales
Askthesequestions…
Whydon’tpeoplebuy?
Arewegivingwhattheywant?
Haveweansweredallquestions?
Istheresomething(visibleorinvisible)that'sstoppingthesale?
Dowereallyknowwhattheywant?
12
What'sthemosteffectivewaytofindoutthe
answers?
ASK THEM!
13
Whatanswerscanyougetfromaskingyourbuyers
directly?
Thereasonthey‘renotbuying.Mosttimes,theyjusttellyou.
Iftheproductistherightfitforthem–Dotheyreallyneedit?
Ifthetimeisrighttoselltothem
Iftheycanaffordit
Ifthereissomethingelsestoppingthemfrombuying
14
Thebestwaytogettheanswers
Coldcallthem–BESTMETHOD
Putyourselfintheirshoes(andeyes).
Walkyourselfthroughthewholesalesjourney.Mosttimesyou'llautomaticallyseetheproblems.
Digintothedata-useGoogleAnalyticstoseebouncerates
Watchoutfortechissues
LookoutforcommentsinSocialNetworks
15
Nowthatweknowtheproblems
Tacklethemonebyone,AppletoApple
Don’tgetlostindata.Youwillneverlearnanything
Eliminatemostifnotallobstructionstobuying
Rethinkaboutyourproduct–doesitneedimproving?
Revisetheoffering–remember,rightofferattherighttime
Launchyourcampaignsatthemomentwhenpeoplehavetheleastobstructionstoclosingthesale.
Tryitofflinemanually.Ifitworks,replicateitonline.
Actfast!Theinsightyougatheredwillbecomeirrelevantwithdelayedactions.
16
Casestudy1
TheProblem:
Lowconversionrate
Howwegathereddata:
Wetookthenumberofpeoplewhobookedbuthaven'tpaid,itwasabout
80%.Theother20%didn'treturntopay.
TheAction:
Coldcallingtofindouttheproblemandtotriggerresponse.
17
Casestudy2
TheProblem:
Peopleonlyboughtattheendofthemonth(onorafterPayDay)
18
Casestudy2
TheProblem:
Peopleonlyboughtattheendofthemonth(onorafterPayDay)
Howwegathereddata:
Lookedatthedailysalesdata,plotteditonagraphandsawthemountainpeaksattheendofeachmonths.We
alsofoundoutthat"nopromo,nosale".Itwasquiteobvious.
TheAction:
TotalchangeinpricingstrategyandcreateFOMO(FearofMissingOut).
Insteadofschedulingpriceincreaseattheendofthemonth,createdmoreregularpriceincreasedeadlines,
downto2weeksinsomeperiods.
19
Casestudy3
TheProblem:
Productwasverygood,butlowticketpurchases.
Howwegathereddata:
Lookingatafreemeetupevent,800peoplerespondedandover300peopleturnedup.Itseemedpeopledidn't
knowmuchabouttheevent(awarenessissue)oriftheyknew,theydidn'tfeeltheneedtobuytheticketyet(lack
ofurgencytobuy).
TheAction:
RanFlashSale-Workshopticketssoldoutinlessthanaday.
Conferenceticketslatersoldoutamonthbeforetheevent.
FlashSalewasakeyfactorinboostingawareness.
20
Oncewe’vesolvedtheproblem
Don’tcelebratetoosoon.There’salwaysmoreproblemstosolveandwaystoimproveyour
sales.
A/BTesteverything!
Keepaskingandkeepadapting.
Personalizetheexperience,createexclusivity,speciallyforravingfans.
Again,eleminateallobstructions.
Beadaptive,alwaysbereadytochangeyourstrategyinreal-time
21
Alwaysbehungryforproblems(theyare
endless).
Andbecreativeinsolvingthem.
Mostimportantly,enjoydoingit!
22
BonusCaseStudy
FoundOpportunity:
Peoplewereveryexcitedabouttheeventin2018.Praiseswereendless.
TSGS2019wasinevitable.
Challenge:
Whoisgoingtobuyticketsayearinadvance(andthatforabusinessevent??).Nodatenorvenuewasfixed.This
wasclearobstructiontosales.
TheAction:
Totestthewater,wesetupandlaunchedaFlashSalein30minsandannounceditabout3hoursbeforetheevent
ended.Howweeliminatedtheobstruction:changedtheticketconditiontotransferrable.
Results->Broke1dayrecordsales.
23
Whatwelearned
Ifyouhaveafanfollowing,andyouknowwhatthey
want,yougivethemwhattheywant!
7monthslater,wewantedtolaunchtheofficial2019sale.
24
BonusCaseStudy
Challenge:
Thatexcitementhaddied.Howtobringthatback?
TheAction:
CreatethebestoffercombinedwithFOMO.Andtargettothefansofferingthemexclusivity(visibly).
Results->Brokeanotherrecord.
Soldmoreonthatdaythanonthedaybeforetheevent.That'sneverhappenedbefore.
Andthenwediditagainfor2020,sellingover30%ofwhatwesoldfor2019.
25
“Ifyouwanttotaketheisland,burn
yourboats”
- Tony Robbins
26
Whatareyoursaleshackingideas?
Q&A

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How we hacked ticket sales