Industry Press / 08.02.19
SeatCycle Reups Agreement With FutureTix
Selden, NY –FutureTix, Inc. is proud to announce it has renewed its ongoing consulting agreement with SeatCycle, an innovative no-show and analytics solution for venues and organizations in the live entertainment and admissions industry.
“Every few years a concept comes along that takes ticketing to the next phase… and we believe SeatCycle has that next innovation.” said Dan DeMato, Principal, FutureTix, Inc. “We are delighted to continue to work with SeatCycle as they develop their new analytics-based solutions regarding no-shows and empty seats.”
Over the past year or so, FutureTix has helped SeatCycle bring their product to fruition as well as continue to enhance and fine-tune both their product and overall business roadmaps in order to begin to successfully penetrate the U.S. Marketplace.
“Through conversations with industry leaders like FutureTix, we learned that a large number of venues are struggling with alarmingly high no-show rates, even at sold-out events.” said Ray Shealy, Executive Chairman at SeatCycle. He added, “FutureTix’s wealth of knowledge and experience has been critical to helping bring SeatCycle to market in a manner that tackles the pain points associated with no-shows. SeatCycle’s technology is highly configurable in addressing no-shows across a wide variety of event types. This is a direct result of the savvy input FutureTix provided to us.”
SeatCycle’s platform allows venues to predict no-shows at the seat level and then use the data to configure custom messages to likely no-show ticket holders and provide them with ticket return options such as credit for future shows. SeatCycle also gives venues the ability to uncover new fans by offering flexible tickets fulfilled through no-show inventory where seat assignments are delivered before or during the event. Through this, and other features, SeatCycle allows venues and organizations to capture incremental revenue streams with unsold seat inventory, raise nightly per caps, dress the house, strengthen fan loyalty, and expand lifetime customer value by filling empty seats in real time during live events. Click to Learn More About SeatCycle.
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About SeatCycle, Inc. – SeatCycle provides a solution to alleviate no-show issues. The company’s innovative technology uses a combination of predictive analytics and proactive communication tools to identify no-show patrons in advance, allowing venues to prepare and plan for vacant seats and maximize seating arrangements before and immediately after the start of an event.
About FutureTix, Inc. – FutureTix is a full-service ticketing solution consulting company that specializes in driving incremental revenue through innovative ticketing techniques and technology. FutureTixis a privately held New York company.
For more information please call 516-608-0626.
PO Box 1634, Selden, NY 11784