Sponsors for Second Life Live Music Venues

For those who don't know, Second Life Live Music Venue owners typically carry all the costs of running the venues. They pay tier for land to have the venue on, some venues pay the performers and some are tips only and some pay a staff.  Most rely on venue tips to help recoup just a small fraction of those costs, however, it rarely comes close to covering even the costs of paying performers. So it is very important that people do tip the venues when they can. Tipping is a kind gesture to thank venues for providing free entertainment.

To further help alleviate some of the costs, I recommend venues try to find sponsors. I have had success in the past with finding sponsors for the performers I manage for their individual shows. Also, I have had success with sponsors covering costs for big events.

Here are a few ways to get started finding sponsors.....

1. Figure out your venues numbers. How many shows a week for how many hours. Then keep track of your average draw per hour. This can be done simply by looking at how many people are at the show at the mid way point which is typically the peak time. Keep track of those numbers for a few weeks and then you have something to approach sponsors with.

In real life events are sponsored all the time.

2. Know how much of your costs you are trying to cover. If you spend L$XXXXX a week, what % would you like to get sponsors to help with?

3. Put together a note card that outlines the data from your venue numbers to show the sponsors how many people they can reach by sponsoring your shows. Also, include how long the sponsorship would last.... weekly? monthly?

4. Reach out to content creators that are suitable for your venue and explain to them that you can offer to place their Logo on a clickable prim or adboard with a LM to their location near your stage for X amount of time for X amount of L$. Also, it will help to explain that the sponsors will be mentioned by you or your staff through out the shows X number of times.

Don't fear rejection, this is after all a sales pitch to the content creators. You have to go through some no's before you get to yes's but if you can point out the benefit to the creators, then eventually you will find some willing to give it a chance.

Start with creators from stores where you shop, then you can tell them that you are a regular customer and you will feel good about promoting their brand at your venue.

This is just a quick blog post with ideas, its up to you to put in the time and effort to make it happen. I'm happy to consult with venue owners if you need more information or tips on how to go about finding sponsors. Just drop me a notecard in Second Life, Kalli Birman is my legacy name.

Musicians and Venues Working Together

In an effort to assist live music venues, many of which pay for their overhead out of their own pockets to provide live entertainment, Seth Regan (Mankind Tracer in SL) and I have recently started offering venues something which we believe to be a reasonable solution.

The first idea Seth had was to only have one tip jar for venue and musician. Since the majority of audiences tip the artists considerably more than the venues, Seth offered to automatically split the tips he receives with the venue and remove the venue tip jar completely. This could work to the venues benefit in several ways.

The first benefit of splitting the tips, using only Seth's tip jar, is that at a concert with 60 people or more in attendance (Seth's average draw) it can get very laggy. This way, people only have to find one tip jar.

Another benefit is that there will be less "tip that, tip this" in local chat. This allows people to socialize more with less interruption.

During the week, we approached the venue, Ground Zero, owned by our friends Thea and GMetal, about this idea. They were both very open to trying a something new. We decided to try it out that coming Saturday.

After the concert, we all got together on Skype, discussed the outcome and worked out the numbers. We found that the venue saw a 33% increase in tips. Also, Thea and GMetal reported that several people expressed to them how they enjoyed the lack of "tip reminders" in local chat and it was a much more fun and relaxed show with greater audience interaction.

With this success, Seth and I didn't want to rest on our laurels, so we decided to revisit something we had discussed in the past: Sponsorship.

We then approached long time live music venue owner Liz Harley at Key West, where Seth's next show was scheduled. We asked if she was open to the idea of not only having paying sponsors to reduce the cost she pays Seth as a booking fee, but to also try the tip split as well. After informing her of the success at Ground Zero, Liz was very receptive to trying a new approach.

Seth and I got to work and found three sponsors for that show.

I'm happy to say that this show was also a success! The venue made good tips from the split. Further, the reduced booking fee kept money in her pocket. Liz was very pleased at the outcome, as were the sponsors and the idea of having sponsors was well received by the people attending the show.

We have decided to continue on with this model of splitting tips and getting businesses to sponsor Seth's shows. We are also continuing our brainstorming to try to come up with new ways to help the venues reduce their out of pocket expenses.

While this model may or may not work for every venue and performer, I felt it was worth mentioning to perhaps encourage more ideas but also to just inform that there are different ways to do things.

If you own a business (SL or RL) and would like to discuss sponsoring Seth's shows, please contact me by email brandy@sethregan.com or message in Second Life (Kalli Birman).