Originally Posted by HBMTN
I don't doubt it and I get it. But that mean one has to basically double everything. It means in reality they did 10k in sales and sold $5 items for $10. At $20k in sales and agreed up front to give the venue 1K plus 40% that means the vendor gets $9000 and just made more money that a vendor will.
I'm sure vendors are making money doing it or they would not be doing them but I just don't agree with paying anyone 40-50% any they don't even have risk. Or at least maybe if they are having an event that will bring 50k people and that is why they want a large % of sales then maybe they should guarantee the vendor an x number in gate or food sales, or they don't get that 40%.
Putting on the event is a risk in itself. They will only charge what vendors are willing to pay.
To me, the greater concern is the number of vendors at those events.