With statistics, you can find out all the best attributes about your venue. Most popular time of the year, how many girls vs how many guys, what the average is, what part of the city your patrons are from and much much more.
Find out anything you want to know from your guests, then tailor yor marketing budget and campaign towards a new solution that can give you greater exposure.
So let's say you decide to launch a new and exciting night. You market it, promote it, and do all that you can to make the launch successful. The night comes and it is great. You get positive feedback from everybody and are ensured that the night was a success. However, as the weeks go by, you begin to notice that things are beginning to slip. Less people are lining up at the door, the general excitement about the night has gone and profits are falling.
The most common action taken, is to cut down on costs. Minimising staff and decreasing prices on drinks are just a couple of things that venues do to make amends in times such as these. But herein lies the problem. Much of this sort of price cutting doesn't actually mean you will understand your venue or your guests any better, and with that information in mind, it is not possible for your revenue to increase.
Instead, let's examine an alternative. Let us assume that we were able to find out exactly what kind of people are coming through your door, how old they are, where they are from, male or female and any other attributes that you may want. If we were able to monitor all of this data from the very beginning, then we find ourselves in a position of complete control and power over our night. We can take a look at the charts and graphs of the past weeks, or take a look at a whole month to see how the trend of people is going. We can determine exactly when the number of people fall, and what kind of people they are. Has the past month seen a lot less girls than guys? Were there way too many young people at last week's night? Have most people heard about you from your flyers? All this information and more, is at your hands.
Don't run your venue or events with no strategy, direction or aim. Take advantage of the ability to see exactly who is coming in and who isn't. Do you need more females? Do you have too many older people? Only attracting people from one side of town? The possibility and amount of statistics are endless as you get to choose exactly what kind of information you would like to gather from your guests. Don't do things blindly. Understand where you need to improve.
When you know what is working and what isn't, you know in which direction you need to steer your venue or event.