Zimbabwe - Startup under 3 years old

Describe your project or startup in a few words

263tickets ensures secure event ticketing, eliminating fraud. Seamlessly manage tickets, safeguard revenue, and ensure real-time verification for seamless entry.

01.01 Describe your startup in more detail

263tickets is a comprehensive ticketing platform committed to eradicating ticket fraud and facilitating secure access control for events. Picture organizing a music festival where 60% of revenue stems from ticket sales, yet counterfeit tickets pose a significant threat, risking revenue loss. With 263tickets, organizers can securely create, distribute, and manage tickets using cutting-edge technology for real-time verification and authentication, ensuring seamless event entry while safeguarding against fraud.

01.02 What is the main problem you are trying to solve?

Tickets fraud -4/10 events make losses due to ticket counterfeits, duplication and unsanctioned entry Poor ticket distribution network -In Africa, approximately 80% of ticket sales are in the form of paper/cash tickets. However, the existing paper ticket distribution system lacks a network distribution capability, resulting in inconvenience and high costs for event promoters. Poor data gathering and marketing In Africa, paper ticket sales lack customer data collection, resulting in a lack of understanding regarding customer preferences and behavior. Furthermore, existing online ticket vendors fail to provide event organizers with patron data for analytics and data-driven marketing in future events.

01.03 Tell us the major benefits and/or advantages of using the product/service that your startup provides (at least 3).

1. Enhanced Security: 263tickets offers secure ticketing, effectively combating fraud and ensuring only legitimate attendees gain access. This safeguards event revenue and reputation. 2. Streamlined Ticket Distribution: With online and in-store distribution channels, 263tickets simplifies ticket sales, expanding reach and convenience for both organizers and attendees. 3. Data-Driven Insights: The platform's CRM tool provides valuable patron data, enabling organizers to understand customer behavior, tailor marketing strategies, and optimize future events for success.

01.04 Please describe who exactly your startup’s product/service is aimed at serving. Who are the targeted beneficiaries?

263tickets targets: 1. Events Organizers: Those managing various events such as concerts, festivals, conferences, and sports matches. 2. Performing Artists: Musicians, dancers, actors, and other entertainers who rely on ticketed events for income. 3. Arts and Entertainment Industry Stakeholders: Including venue owners, promoters, agents, and marketing agencies involved in event planning and promotion.

01.05 When was your company established?

2022-05-26

01.06 Are you already selling your product/service?

Yes

01.07 How many other owners are there within your startup?

1

01.08 Among the other owners, how many are female?

0

01.09 Please describe the profile of the other owners within your startup (skills, experience, etc.)

John Mugabe, our CTO, brings over 7 years of expertise as a full-stack developer. Holding certifications in UI/UX Design, Software Development, and Business Administration, John leads our technical initiatives, ensuring innovation and excellence in our product development. His IT degree underscores his proficiency and strategic leadership in driving our technological advancements.

01.10 If you have a website, a social media page (Facebook, Instagram, Linkedin…), or app, please provide the link(s) here:

https://263tickets.co.zw/

01.11 Which industry best describes your project?

Other: Events industry , Live performances and entertainment

02.01.01 My startup contributes to the No poverty goal

6

02.01.02 No poverty - Justification for my startup

My startup, 263tickets, strongly contributes to the goal of reducing poverty. By providing a secure and efficient ticketing platform, we empower event organizers, performing artists, and entertainment industry stakeholders to maximize their revenue potential. This increased income generation directly benefits individuals and communities involved in organizing and participating in events, ultimately contributing to economic growth and poverty alleviation. Additionally, by offering accessible ticketing solutions, we enable a wider audience to attend cultural, entertainment, and educational events, fostering social inclusion and economic opportunities for all.

02.02.01 My startup contributes to the Zero hunger goal

3

02.02.02 Zero hunger - Justification for my startup

02.03.01 My startup contributes to the Good health and well-being goal

3

02.03.02 Good health and well-being - Justification for my startup

02.04.01 My startup contributes to the Quality education goal

3

02.04.02 Quality education - Justification for my startup

02.05.01 My startup contributes to the Gender equality goal

5

02.05.02 Gender equality - Justification for my startup

While we prioritize gender equality within our startup, there's always room for improvement. We actively promote diversity and inclusion in our hiring practices, striving to create equal opportunities for all employees. Additionally, we support initiatives that empower women and girls, such as mentorship programs and leadership training. Through these efforts, we aim to contribute positively to the goal of achieving gender equality and empowering women and girls in our community.

02.06.01 My startup contributes to the Clean water and sanitation goal

2

02.06.02 Clean water and sanitation - Justification for my startup

02.07.01 My startup contributes to the Affordable and clean energy goal

2

02.07.02 Affordable and clean energy - Justification for my startup

02.08.01 My startup contributes to the Decent work and economic growth

7 - Strongly Agree

02.08.02 Decent work and economic growth - Justification for my startup

263tickets contributes significantly to the goal of decent work and economic growth. By providing a comprehensive ticketing platform, we create job opportunities in event management, sales, and technology sectors. Additionally, our platform supports the growth of the entertainment industry by facilitating efficient ticket sales, thus stimulating economic activity and fostering a vibrant cultural ecosystem. This leads to the creation of more sustainable jobs and overall economic prosperity within the community.

02.09.01 My startup contributes to the Industry innovation and infrastructure

7 - Strongly Agree

02.09.02 Industry innovation and infrastructure - Justification for my startup

263tickets strongly contributes to industry innovation and infrastructure. By revolutionizing event ticketing with our advanced platform, we introduce innovative solutions to traditional ticketing challenges. Our technology enhances access control management and provides valuable data insights, driving efficiency and growth in the events industry. Furthermore, our platform's scalability supports the development of robust infrastructure for ticketing operations, paving the way for future innovations and advancements in event management practices.

02.10.01 My startup contributes to the Reduced inequalities goal

5

02.10.02 Reduced inequalities - Justification for my startup

While we acknowledge our contribution to the Sustainable cities and communities goal, there's still more we can do. Our startup facilitates secure and efficient event management, reducing resource wastage and promoting community engagement. However, we aim to further integrate sustainability practices into our operations, such as minimizing environmental impact and supporting community development initiatives, to better align with this goal.

02.11.01 My startup contributes to the Sustainable cities and communities goal

5

02.11.02 Sustainable cities and communities - Justification for my startup

02.12.01 My startup contributes to the Responsible consumption and production goal

2

02.12.02 Responsible consumption and production - Justification for my startup

02.13.01 My startup contributes to the Climate action goal

2

02.13.02 Climate action - Justification for my startup

02.14.01 My startup contributes to the Life below water goal

1 - Strongly Disagree

02.14.02 Life below water - Justification for my startup

02.15.01 My startup contributes to the Life on land goal

1 - Strongly Disagree

02.15.02 Life on land - Justification for my startup

02.16.01 My startup contributes to the Peace Justice and Strong Institutions goal

3

02.16.02 Peace Justice and Strong Institutions- Justification for my startup

02.17.01 My startup contributes to the Partnerships for the goal

5

02.17.02 Partnerships for the goal - Justification for my startup

06.01 There are a large number of customers who already use a product/service very similar to the product/service we envision creating.

3

06.02 The product/service represents an entirely new type of product/service.

6

06.03 The product/service could be described as a new technology.

6

06.04 The product/service is an improvement on an existing product or service.

7 - Strongly Agree

06.05 The product/service could be described as an extension of a range of products or services.

7 - Strongly Agree

06.06 The product/service responds to a demand or need that has not been satisfied by other products/services.

7 - Strongly Agree

06.07 The product/service is a new version of an old product/service.

4

06.08 Justification for my startup

Our project idea is innovative and unique because it combines several elements that set it apart from existing solutions. While there may be similar products or services in the market, 263tickets offers a comprehensive ticketing platform with advanced features such as real-time verification and authentication, CRM integration, and offline ticketing capabilities. Our platform addresses the specific needs of event organizers and attendees, providing a seamless and secure ticketing experience that is unmatched by existing solutions. Additionally, our focus on sustainability, community engagement, and regional development further distinguishes us from competitors, making us a truly innovative and impactful solution in the market.

06.09 Competitive Analysis

Our main potential competitors in Zimbabwe include Click n Pay, while across Africa, we face competition from Howler, Eventbrite, Webtickets, and Quicket. Additionally, we indirectly compete with retail shops offering independent ticket distribution. However, 263tickets stands out with several key advantages. Firstly, we offer a hybrid solution, leveraging both online and traditional ticket sales channels to maximize market reach and sales potential. Secondly, our platform includes offline ticket verification capabilities, ensuring security against counterfeit tickets and accommodating areas with unreliable internet connections. Finally, we provide a comprehensive solution covering ticket sales, event marketing, and access control management in a single platform, offering unparalleled convenience and efficiency to event organizers.

11.05 Are you initiating actions within your community to promote the role of female entrepreneurs?

Absolutely! We're actively mentoring girls in both the tech and events industries, traditionally dominated by males. By offering guidance and support, we're helping to pave the way for more female entrepreneurs to thrive in these fields.