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The Top Broadway Shows, As Sorted By Revenue Per Seat — Week Ending July 29

Here are the top Broadway shows last week, ranked by Revenue Per Seat – the one and only metric marketers should use to determine the success of their efforts. Why? Average Ticket Price doesn’t tell the whole story when empty seats are NOT factored into the equation.To determine RPS, we divided the grosses by venue capacities. Highlighting RPS demonstrates a different and more interesting story about which shows can bring in value per seat versus simply being big, because...

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Marketing

Marketing Tips From the Best in the Biz …

AKA, minor league baseball teams. The marketing teams for these organizations don't have big name players (or big league budgets), so they rely on creativity to bring in the crowds.As 99u's Patrick Cain explains, "Its kooky marketing ways are branding 'fun' in ways that any company–selling anything, even something as objectionably boring as minor league baseball–can use."Cain outlines several lessons any marketer can learn in his article. We've highlighted a few favorites below:"Lesson 2: Make that experience one of a kind Some people get...

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News

News & Noteworthy (Week of July 27)

A lot goes on in our world each week — some news you may catch, and some may slip by your radar. Below are a few articles that caught our attention, and we didn’t want you to miss ’em!Facebook Loses 4 Twitters Worth of Value: After reporting disappointing earnings, Facebook's stock shares dropped 19.6 percent in a day. The numbers are pretty staggering, but Tech Crunch's Romain Dillet helps us visualize them: "$123,400,000,000 is a big number. It’s hard to...

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News

X Marks the Spot

Ever wondered about the "x" in TEDxBroadway?Well, you've heard of TED (which stands for Technology, Entertainment and Design). TED is the big conference, which has been held annually since 1990 and set the model to provide these powerful talks online for free. TEDx events were created some years later with the same spirit of the TED mission, "ideas worth spreading," but are independently organized on a community level. The word that follows each and every TEDx indicates ... a location.Therefore, when we talk about TEDxBroadway, we're talking...

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#WednesdayWisdom

#WednesdayWisdom: The On-Demand Economy Is Huge and Growing

Looking for a little #WednesdayWisdom? We’re pulling out past stories that are still just as relevant today. Here’s a pearl from Jim: On-Demand Audience.Do you need to own everything you use?These days, people, especially younger adults, say no to that question. Ownership, rather than being an advantage, feels like a burden.Cars, for example, are something that many urban millennial adults would far rather rent (in the form of something like Zipcar), use (as with Lyft or Uber) or just avoid...

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Pricing

The Top Broadway Shows, As Sorted By Revenue Per Seat — Week Ending July 22

Here are the top Broadway shows last week, ranked by Revenue Per Seat – the one and only metric marketers should use to determine the success of their efforts. Why? Average Ticket Price doesn’t tell the whole story when empty seats are NOT factored into the equation.To determine RPS, we divided the grosses by venue capacities. Highlighting RPS demonstrates a different and more interesting story about which shows can bring in value per seat versus simply being big, because...

Read More

Marketing

A Marketing Platform You May Not Be Exploring

According to Forbes, "LinkedIn has gone beyond acting as just a platform for networking. Every day, people are uncovering new business partners, boosting sales or conversions, and attracting brand new leads."Omar Jenblat shares a few reasons why you should master the art of outreach and marketing on LinkedIn." • Any page you have on the internet that includes your company’s information and content will affect your SEO rating. LinkedIn is no different. This is why it is important to...

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Marketing

A Good Time for Your Patrons to Buy? While They’re Out

What better time for your patrons to buy tickets to your event than when they're out -- having fun, thinking about the fun they're having, and wanting more.Online fashion brand Outdoor Voices is offering outdoor shopping experiences.PSFK reports, "Athleisure retailer Outdoor Voices created an innovative way to blend its brand message -- to get people moving, outdoors and having fun -- with its products, designing a pop-up experience that directed people to outdoor trail locations where they could view exclusive...

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News

News & Noteworthy (Week of July 19)

A lot goes on in our world each week — some news you may catch, and some may slip by your radar. Below are a few articles that caught our attention, and we didn’t want you to miss ’em!Audio Streaming Beats CDs in Germany: According to Billboard, "Audio streaming now represents nearly half of revenues and has replaced CDs as the largest sales segment on the German record market." Wolfgang Spahr reports: "From the late 1980s on, CDs enjoyed...

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#WednesdayWisdom

#WednesdayWisdom: Finding an Audience and Generating Revenue Is an Art

Looking for a little #WednesdayWisdom? We’re pulling out past stories that are still just as relevant today. Here’s a pearl from Jim: The Experience Economy and Live Entertainment Entrepreneurship.Recently, I saw one of my favorite live bands, Big Bad Voodoo Daddy. Probably best known for their appearance in the movie Swingers back in the mid-’90s and a couple of hits from the brief swing resurgence of the same time, Big Bad Voodoo Daddy has eight members, all of whom have...

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