In today's interconnected world, the success of an event often hinges on its ability to reach a global audience. With KonfHub's innovative multi-currency feature, organizers now have the power to transcend geographical boundaries and engage with participants from around the world seamlessly. Let's explore this important feature that helps get more revenue for your event from a global audience.
Understanding KonfHub's Multi-Currency Feature
KonfHub's multi-currency feature empowers event organizers to conduct transactions in a currency of their choice, providing them with unparalleled flexibility and convenience. Whether it's hosting a conference, workshop, or seminar, organizers can now cater to diverse audiences without worrying about currency exchange hassles.
This feature in a single line: If you are located in India and hosting an event, you can now create tickets in multiple currencies and sell them without any hassles!
Use Cases of Multi-Currency Feature
Global Conferences: Imagine hosting a tech conference in India that attracts participants from Silicon Valley to Singapore. With multi-currency support, organizers can offer ticket sales in USD, EUR, GBP, or any other currency, making it easier for international attendees to register.
International Workshops: From digital marketing workshops to leadership seminars, KonfHub's multi-currency feature enables organizers to target specific regions and industries with tailored pricing in local currencies, enhancing accessibility and driving participation.
Virtual Events: In the era of virtual gatherings, geographical barriers are virtually nonexistent. By accepting payments in multiple currencies, virtual event organizers can expand their reach and maximize revenue streams, amplifying the impact of their online engagements.
Benefits of Multi-Currency Transactions
Enhanced Accessibility: By accommodating diverse currencies, KonfHub makes it easier for attendees from different countries to participate in events without facing currency conversion challenges, thereby increasing accessibility and inclusivity.
Global Reach: With the ability to transact in multiple currencies, organizers can tap into new markets and target audiences worldwide, expanding their reach and amplifying the success of their events on a global scale.
Streamlined Transactions: Gone are the days of complex currency conversions and exchange rate fluctuations. KonfHub's multi-currency feature streamlines the transaction process, providing organizers and attendees with a seamless payment experience.
Increased Revenue: By offering pricing in local currencies, organizers can attract more attendees and boost ticket sales, ultimately driving revenue growth and maximizing the profitability of their events.
Steps to Implement Multi-Currency Transactions
Step #1: Log in to Your KonfHub Account
Visit the KonfHub website and log in to your account using your username and password. If you don't have an account, you'll need to sign up first.
Step #2: Create An Event in INR & Access the Event
Click on the “Host Event” button in the top right corner, and select INR as your currency. You’ll be able to create tickets with multiple currencies later.
Once logged in, navigate to the event for which you would like to enable the Multi-Currency Feature. This could be an event you've already created or a new one you're setting up.
Within the event dashboard, locate and click on the "Event Info" tab. This tab typically contains all the essential details and settings related to your event.
Step #3: Navigate to Tickets & Forms
Within the "Event Info" section, you'll find various sub-sections or tabs related to different aspects of your event. Look for the "Tickets & Forms" option and click on it to proceed.
Step #4: Create a Ticket With Your Chosen Currency
In the "Tickets & Forms" section, you'll see a list of existing tickets (if any) associated with your event. Create a new ticket by locating the option to "Create New Ticket" and proceed to fill in the necessary details. Select the ‘paid’ ticket type.
While creating a new ticket, you'll come across options to customize various aspects of the ticket, including its name, price, and currency. Look for the currency setting or dropdown menu, where you can select your preferred currency from the available options. This is the multi-currency support we are discussing in this blog.
Step #5: Fill in Ticket Details & Save Changes
After selecting the currency, proceed to fill in the remaining details of the ticket, such as the ticket name, description, quantity available, etc. Ensure that all information is accurate and up-to-date to avoid any confusion for attendees.
Once you've set the currency and filled in all the necessary details for the ticket, locate the "Save" button to save your changes.
Review and Confirm
Take a moment to review the changes you've made to the ticket, including the currency preference. Double-check that everything looks correct before proceeding.
Here is how the tickets with different currencies you have provided look for participants; in this event, it is in US Dollars (USD), United Arab Emirates Dirham (AED), and Malaysian Ringgit (MYR-RM).
The amounts paid by participants will be automatically converted to INR and settled in your bank account (as part of your regular weekly settlements on Thursdays from the KonfHub platform).
Repeat for Additional Tickets (Optional)
If you have multiple tickets for your event and you'd like to enable Multi-Currency for each of them, repeat the above steps for each ticket individually.
That's It! Congratulations! You've successfully enabled the Multi-Currency Feature for your event tickets on KonfHub. Attendees can now register and purchase tickets in their preferred currency, providing them with a seamless and convenient experience.
By following these step-by-step instructions, you can easily access and utilize the Multi-Currency Feature on the KonfHub Dashboard to cater to a global audience and maximize the success of your events.
Conclusion
KonfHub's multi-currency feature represents a paradigm shift in event management, empowering organizers to transcend geographical boundaries, expand their reach, and unlock new revenue streams. By embracing this innovative solution, event organizers can create truly global experiences that resonate with diverse audiences worldwide. Embrace the future of event management with KonfHub's multi-currency feature and embark on a journey of global success. Try this feature now.