How Got Tickets Pays out

Detailed Split Payment System

1. Promoter:

   • Role: The promoter is the main organizer of the event. They handle the overall planning, marketing, and execution of the event.
   • Revenue Share: The promoter receives the remaining amount after the sub-promoter's flat fee and the platform fee are deducted from the total ticket price.

2. Sub-Promoter:

   • Role: Sub-promoters assist the main promoter by selling tickets to their own networks. They help increase ticket sales by reaching a broader audience.
   • Commission: Instead of a percentage, the sub-promoter receives a flat fee per ticket sold. This fee is predetermined by the promoter. For example, if the flat fee is $15, the sub-promoter gets $15 for each ticket they sell.

3. gottickets.online:

   • Role: This is the ticketing platform that facilitates the sale of tickets. They provide the necessary infrastructure, including the website, payment processing, and customer support.
   • Fee: gottickets.online charges a fixed fee per ticket sold. In this case, the fee is $4.

Example Calculation

Let's assume the total ticket price is $100. Here's how the revenue is split:

• Total Ticket Price: $100
• Sub-Promoter's Flat Fee: $15
• gottickets.online Fee: $4
• Promoter's Share: The remaining amount after the sub-promoter's fee and the platform fee are deducted.

Calculation:

• Sub-Promoter's Fee: $15
• gottickets.online Fee: $4
• Promoter's Share: $100 - $15 - $4 = $81

So, for each ticket sold at $100:

• The sub-promoter receives $15.
• gottickets.online takes $4.
• The promoter receives $81.

Flow of Funds

1. Customer Purchase: A customer buys a ticket for $100 on gottickets.online.
2. Platform Fee Deduction: gottickets.online deducts their $4 fee.
3. Sub-Promoter Fee Deduction: The sub-promoter's flat fee of $15 is deducted.
4. Promoter's Revenue: The remaining $81 is transferred to the promoter.

Benefits of This System

• Promoter: Ensures they receive the majority of the revenue, incentivizing them to organize successful events.
• Sub-Promoter: Provides a guaranteed income per ticket sold, motivating them to sell more tickets.
• gottickets.online: Secures a fixed fee per transaction, ensuring consistent revenue for providing their services.