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TIME TO CHANGE?
PRICING, DEALS &
STRATEGY
Joan Squires,
Omaha Performing Arts
Jill Robinson,
TRG Arts
Copyright © 2015 TRG Arts
All Rights Reserved
Jeremy Ganter,
The Mondavi Center, UC Davis
Jackie Knobbe,
APA Agency
Yo Yo Ma at Holland Performing Arts Center, 2010. Photo by Herb Thompson.
Holland Performing Arts Center, exterior.
Photo by Tom Kessler.
Demand Management
Pricing
political
reactive
Pricing is emotional
political
reactive
Pricing is emotional
Pricing should drive
patron behavior.
music Broadway comedy
family dance
Different genres,
different expectations
Price points &
dynamic
pricing
Discounting Retention
Scale of hall Technology
Inventory
management
The issues
Donors and
consummate
loyalists
The magic
of “and”
From 1st time to
second or last time
to NOW
VIP access
& pricing
Better access,
Incentives for
upgrades, adds
Least attractive
access, incentives
to upgrade
All Viewed Thru A-B-T
Sustainable Income: Integration of
Loyalty & Demand Management
PUTTING IT TOGETHER
Managing the seated event business for
sustainable loyalty and revenues
Organizational
Demand Strategy
• Increased Income
• Perception of Success
• Loyalty Management
How?
Demand strategy
1. Understand the impact of demand on
revenue, loyalty
2. Build the infrastructure for success
3. Manage it. Together.
Demand factors
Day of weekSeasonality
Time of day
Programming
Opening &
closing dates
Real Estate
Icons via the Noun Project under CC BY 3.0
Credit: Aditya Dipankar
Build the infrastructure for success
Develop a scale plan that works
• Manage perception and
maximize income
• Is your scale optimal?
• Does the house naturally
dress?
• Are areas selling out?
• In the right order?
• As a performance succeeds,
does per capita revenue rise?
MANAGE IT. TOGETHER.
Pacing Meetings
What does this look like in
practice?
DATA-DRIVEN PRICING:
Scale, inventory, and dynamic pricing
DYNAMIC PRICING
Data-informed
WHAT’S NEW, WHAT’S
WORKING
The changing landscape of deals
Pricing should drive
patron behavior.
THE ARTIST VIEWPOINT:
Agents, artists, and negotiations
Price points &
dynamic
pricing
Discounting Retention
Scale of hall Technology
Inventory
management
WHAT SHOULD CHANGE?
Challenges and opportunities
Radio City at Orpheum Theater, 2014. Photo by Jodi Hauptman Drannen.
Holland Performing Arts Center, Kiewit Concert Hall.
Photo by Tom Kessler.
Price points &
dynamic
pricing
Discounting Retention
Scale of hall Technology
Inventory
management
The issues
WHAT’S NEXT?
Conclusions and takeaways
Questions
TIME TO CHANGE?
PRICING, DEALS &
STRATEGY
Joan Squires,
Omaha Performing Arts
Jill Robinson,
TRG Arts
Copyright © 2015 TRG Arts
All Rights Reserved
Jeremy Ganter,
The Mondavi Center, UC Davis
Jackie Knobbe,
APA Agency

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Mastering B2B Payments Webinar from BlueSnap
 

Time to Change? Pricing, Deals, and Strategy