Archives

Pricing

Whenever Someone Says Modern Sports Is All About TV …

... ask them why nobody’s watching this year’s World Series on TV, but people are still filling stadiums at very high prices.As of this writing, TV ratings for Games 1, 2 and 3 of the 2014 World Series are the lowest in history, with the exception of one game in 2008, where rain delayed the game 'til the middle of the night.Yet, if you don’t have your ticket for Game 5 yet, you’ll be paying an average of $1,115.27...

Read More

Pricing

Current Top Concerts and Shows, As Sorted By Revenue Per Seat

Here are the top concerts and touring shows on Billboard Boxscore that we’ve ranked by Revenue Per Seat — as opposed to Gross. 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 calculating average ticket price does not account for empty seats.Revenue Per Seat reflects the efficiency of a show’s marketing and the strength of its appeal, where Gross...

Read More

Pricing

5 Questions That’ll Help You Set Your Prices

Pricing. It's always challenging and a difficult balance that nearly every industry struggles with. We've talked about how the history of live entertainment pricing will affect the future and whether or not your pricing should leave money on the table. Now, Dorie Clark from Entrepreneur has outlined five questions that'll help you set a price that works for you and your audience. You can read her full explanation here, but to get you started we've listed the five questions...

Read More

Pricing

This Week’s Top Broadway Shows, As Sorted By Revenue Per Seat

Here are the top Broadway shows last week, ranked by Revenue Per Seat, with grosses, and ranked by Gross, to the right. RPS tells a different and more interesting story about which shows can bring in value per seat versus simply being big.Revenue Per Seat reflects the efficiency of a show’s marketing and the strength of its appeal, where Gross Sales reflects the effectiveness of the show as a money-making entity. Both are important to understand. To see previous rankings, click here.

Read More

Selling Out With

Selling Out with Gail Jackman

Knowing what to charge for tickets is one of the toughest tasks the live entertainment industry faces. Providing a little insight into the issue is Gail Jackman, President of Reach Research, a full-service market research company specializing in marketing analysis and insights.Jackman has more than 25 years experience researching markets and is an avid supporter of the arts. She’s worked with organizations such as the Business Committee for the Arts, the League of Historic American Theaters, the John F....

Read More

Pricing

This Week’s Top Broadway Shows, As Sorted By Revenue Per Seat

Here are the top Broadway shows last week, ranked by Revenue Per Seat, with grosses, and ranked by Gross, to the right. RPS tells a different and more interesting story about which shows can bring in value per seat versus simply being big.Revenue Per Seat reflects the efficiency of a show’s marketing and the strength of its appeal, where Gross Sales reflects the effectiveness of the show as a money-making entity. Both are important to understand. To see previous rankings, click here.

Read More

Pricing

A Pay-Per-Laugh Performance?

Back in August, Jim shared an innovative idea about pricing in How to Do Pay-What-You-Want Better. He wrote: "But here’s an idea that uses a pay-what-you-want structure, but does it in a way that might be beneficial in the short and long term. Think of it as something like a reverse Kickstarter. In other words, the performance is happening no matter what, but it does have a “cost.” Now, this “cost” shouldn’t literally be the cost of one performance. It...

Read More

Pricing

Current Top Concerts and Shows, As Sorted By Revenue Per Seat

Here are the top concerts and touring shows on Billboard Boxscore that we’ve ranked by Revenue Per Seat — as opposed to Gross. 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 calculating average ticket price does not account for empty seats.Revenue Per Seat reflects the efficiency of a show’s marketing and the strength of its appeal, where Gross...

Read More

#TBT

#TBT: (Understandable) Wrong Answers to “Why Are Prices so High?”

Happy #TBT. To celebrate, we’re sharing an oldie-but-goodie post from Jim. He often talks about pricing (you can see examples here). Below are some ideas he posted in 2012.(Understandable) Wrong Answers to “Why Are Prices so High?”Via Ken, I read a piece in The Atlantic attempting to come to grips with higher prices for live entertainment, specifically Broadway, written by New York newcomer Derek Thompson. Like a lot of other people, he’s flummoxed by the seemingly unstoppable rise in...

Read More

Pricing

The Marketplace Is Speaking …

You must just be covering your ears and going, “la la la la!”Some things are mysterious and difficult to solve. Watson and Crick had to bust their extremely intelligent humps to figure out what DNA looked like. Finding the Unabomber was a multi-decade puzzle for law enforcement. Just finding Waldo is tough for me.Other things ... they just aren’t that hard. But they can feel that way if you’re not willing to accept the information that you have.Pricing certainly...

Read More

31 of 38« First...30313233...Last »

Sign Up for Emails

VIEW PAST ARTICLES