Wednesday, November 5, 2014

Events and our economy

The above pictures are by Yuurisan’s. Check out their amazing blog for more great photos http://yuurisans.wordpress.com/

Selfies posted to social media have quickly become an important part of our social structure. This means that even with web retailers and big box stores certain types of events are likely to grow and anyone who’s been going to Renaissance Fairs, Comicons, or plain old street festivals lately knows that the number of people joining them at these events has indeed been rapidly increasing. Salt Lack City’s Comicon topped over 100,000 attendees,

Further the number of these events has also been growing, in large part because, many events have hit a wall because they don’t have room for all the people who are clamoring to attend.

Comicons aren’t the only events growing in importance. Things like Professional Gaming Leagues have begun exploding, with people paying $50 a ticket to watch teams compete in video games such as Starcraft.

So while people can watch Football and Basketball, or play video games from the comfort of their own homes they are willing to shell out a lot of money to go watch it live.

Its true that only a few jobs will be created directly by these events, there are however some additional changes which could help support the growth of jobs related to these events.

3D Printing - Traditionally indie comic book artists, among others, have had a limited ability to earn money off of subsidiary products. 3D printing is likely to change that. It's also likely to make it easier for certain crafts people to replicate their work which can increase the amount of money people can make on everything from candlesticks to jewelry, the sorts of things that sell the best at festivals.

Crowdfunding - People can use festivals to promote their crowdfunding campaign or crowdfunding to earn money for their festivals.

So from the Kansas City Maker Faire to the San Diego Comicon, it seems likely that companies and individuals will need to find ways to better capitalize on events or put together their own.

This in turn creates a lot of jobs for vendors and event planners, as well as marketing opportunities for many different types of companies.



No comments:

Post a Comment