If there’s one thing that’s been on our social calendars this month, it's concerts. From Beyonce and Harry Styles to Burna Boy and Taylor Swift, large-scale arenas and stadiums have seen fans flock to see stars perform, causing global pandemonium as fandoms pledge allegiance to their favourite artists. The influx of highly anticipated concerts over the past month has been all over social media. On TikTok, #renaissancetour has 1.5 billion views, as fans eagerly await to see what new outfit Beyonce will wear on stage or what song will be added to her setlist. Meanwhile, after the first 10 weeks of Taylor Swifts Eras tour, the singer’s entire catalogue has increased by 79%, demonstrating that the impact of these tours goes far beyond the show stopping performances we witness on stage.
Amid a growing permacrisis, people are yearning for IRL experiences that lean into fun and nostalgia, particularly post-pandemic. 85% of people in Britain say music is vital to their mental health while Live Nation is expected to manage 600 million global ticket sales in 2023, proving there’s a growing desire for in-person events where fans can gather and celebrate their favourite stars in a way that benefits their own wellbeing. With this desire for IRL experiences and fostering community, how can businesses tap into these highly dedicated demographics?