$5300 in $100s: The verdict

A follow-up report on an experiment charging $100 refundable admission to a free event: 55 people signed up, 50 showed up (90% show-rate), versus a prior free event with no deposit that had 84 signups but only 38 attendees (45% show-rate). Despite fewer signups, the deposit model produced more actual attendees and double the show-rate, and the no-show fees will be donated to charity. The organizer plans to repeat the approach at the next Breakfast with Basecamp event.

Source: https://world.hey.com/jason/5300-in-100s-the-verdict-74c41080. 8 Sync News only summarizes and links out; content copyright belongs to the authors and original sources.