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Original date of note: 01/07/2010
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Abstract
This note describes the proposed system
of "vote
per ticket" (VPT)
in which participants purchase tickets and attend events,
and in so doing intentionally support
organizers in the ecosystem that are delivering the most
value at that point in time. The model can be used in any
market where
a large number of user groups exist, such as Boston.
The system
supports and encourages a diversity of user group organizers
who self
organize around each other's events. With VPT all the user
group organizations are incented to cooperate while continuously
delivering real value to the attending community-at-large.
Value here is defined as extremely high-quality, extremely
low-cost events that people are actually willing to pay
for.
Event organizers in a community
are encouraged by the VPT system to focus on the attending public
and serve them. The attending public
funnels
rewards via VPT to the consistent producers of the perceived
highest value. This self-reinforcing system encourages more and
more
value creation for the entire community. The system facilitates
community wide collaboration, customer value
and overall community
growth.
Vote-Per-Ticket Explained
Vote-Per-Ticket (VPT) is a system of continuous
economic feedback at the community level based on a 'special
offer' or 'discount' code that identifies
a purchase
with a specific group, via a code. Purchasers use the code at
purchase-time to self-identify with one specific group. Thus,
"Vote Per Ticket".
For example, BROWNPAPERTICKETS.COM
provides an online ticketing service. This service allows the
operator to define
a code that the purchaser can enter at purchase time. For
example as an event promoter selling tickets, I can define the
codes
'PMI', ("PMI"), 'ABZ' (for Agile Bazaar) , 'SPIN', "(Software
Process Improvement Network") and the like. In this example,
each code represents a user
group
in Boston
that
sends purchasers over to buy a ticket for Agile Boston's XYZ
event.
For people in the community that attend events,
the proces sis simple: get online, buy an event ticket, and specify
a code. That code tags that ticket purchase and associates it
with a user group or organization. Presumably this organization
is bringing the event to it's membership, but is not the organizer
per se.
VPT is a mechanism designed with specific
objectives: It is optimized on:
1. Event quantity and variety
2. High attendance
3. Continuous feedback from attendees/group members
4. Responsiveness on the part of organizers
5. Maturity of community's knowledge level (domain understanding
of Lean/agile/Scrum)
6. Growth in community numbers
Example
Say it costs $100 to buy a ticket to the XYZ
event. The rule is that 25% of the cost goes to the group
that sent the
ticket buyer indicated at purchase-time. Thus the ticket
purchase is a fund-raiser for the organization associated with
the purchaser's indicated sign-up code. If we run an event that
costs $100, then $25 goes back to the originating
user group
leaving
$75
for
the
promoter
(us) for each ticket sold.
Everyone running events operates
the same way. In an ideal world, if any group is running an
event, the group
with
a big list
and
very loyal
supporters always gets a nice payoff from ANY community event
that people pay to attend. VPT incents every group to promote
every other group's events; rewards the groups that deliver the
most
value
with ongoing
material
support, and puts the ticket purchaser in charge of the feedback
process.
VPT
is a
"short account" (ie, "continuous") capital
allocation
mechanism
that delivers
rewards
to those organizations that deliver the most value and encourages
efficient operations, higher frequency communication with "customers",
community growth, "passive collaboration" via the Vote Per Ticket
mechanism. Its is adaptive. The key effect is the focus on the
customer and customer's perception of value. Thus each "agent"
or individual
in the system
is involved in shaping the form and content of the community
in a continuous manner, via the VPT feedback mechanism.
Advantages of the VPT System
"Vote Per Ticket" is adaptive.
As event organizers act, some may underperform and others may
out-perform in the eyes
of the community-at-large. The VPT mechanism provides a conduit
for feedback flow. It is responsive.
The purchasers
of tickets are in charge of
sending positive
and
negative
feedback in the form of economic "votes" every time they purchase
a ticket. That means the VPT increases the responsiveness of
the community to changes in perceived value of any and all
groups and event organizers in the ecosystem.
Advantages
FIRST: The Customers may
be familiar with many user groups in the community but it can
only vote for one on a per-ticket or "per event" basis.
For example a single agile enthusiast may
enjoy meeting
from
Agile
Boston,
Agile Bazaar, the PMI, and SPIN. But when they buy a ticket
for an event, they can only enter one code. That code represents
a tiny vote on the part of the buyer. The buyer is in authority
over who gets 25% of that ticket purchase.
The vote is supporting a specific group.
The assumption is that the best group in the eyes and mind
of the purchaser gets the vote (the one who delivers the most
perceived value). VPT is a system of meritocracy that institutionalizes
a continuous flow of immediate feedback. .
SECOND: Community is supported. The user
groups are incented to promote the events of others. Groups get
paid for
selling
tickets
for
events
run by other organizations. This builds community.
THIRD: Quality is supported. Groups doing
the best job get the most votes at purchase time.
FOURTH:All groups remain
independent but very connected, via the ticket. This encourages
and supports a diverse ecosystem.
The mechanism to accomplish this is the coded ticket, which is
a boundary
object.
A boundary object is an object held in common across social worlds:
"Boundary objects are objects which are both
plastic enough to adapt to local needs and constraints of the
several parties employing them, yet robust enough to maintain
a common identity across sites. They are weakly structured in
common use, and become strongly structured in individual-site
use. They may be abstract or concrete. They have different meanings
in different social worlds but their structure is common enough
to more than one world to make them recognizable means of translation.
The creation and management of boundary objects is key in
developing and maintaining coherence across intersecting social
worlds.
FIFTH: Optimization. The
entire community is now optimized on quality, quantity, value
and merit.
This
leads to all kinds
of emergent cultural effects that become reinforcing as the community
employs
the coded ticket to provide continuous feedback from the attending
public to all organizations in the ecosystem.
SIXTH: Simplicity. For ticket
buyers, it is simple. At the time of payment, they enter a code.
That code
is a vote that explicitly says "send 25% of this purchase
to the group of my choice"
I want to see this done in Boston. It is simple
to implement and can cause a doubling of user group development
and growth by providing a continuous voting mechanism that funnels
resources to the user groups which ticket purchasers believe
are most deserving of support.
I believe that the simple VPT mechanism
can double the size and improve the overall health of any
user group ecosystem.
Links:
Boundary Objects on Wikipedia
***
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