Knowledge@Australian School of Business

Roll Up, Roll Up: There's No Business Like Festival Business


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The hundreds of festivals staged in Australia every year generate

significant revenue, not just for organisers and performers, but for the
wider economy. They also play an important cultural role in bringing
communities together. Discovering how successful festivals work and ways
the experience can be improved - and with that profits - has become an
exercise for academic minds. Australian School of Business lecturer
Jenny (Jiyeon) Lee has been researching crowd loyalty and says that
building social and emotional ties through shared experiences is a key
factor. Festivals are applying modern event-design techniques to
positively influence an audience’s motivation, participation and
satisfaction. It's all about keeping the crowds coming back for more.

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