DreamGoddessLindsey Posted May 20, 2010 Share Posted May 20, 2010 Right now, I basically add $1 to every ticket sale category across the board for each grade in economy and industry, whichever is lower (+1 for F, +2 for E, +3 for D). Am I being too conservative? How far can I push my ticket prices? Link to comment Share on other sites More sharing options...
Comradebot Posted May 20, 2010 Share Posted May 20, 2010 Right now, I basically add $1 to every ticket sale category across the board for each grade in economy and industry, whichever is lower (+1 for F, +2 for E, +3 for D). Am I being too conservative? How far can I push my ticket prices? You can go +4 with all prices. Link to comment Share on other sites More sharing options...
DreamGoddessLindsey Posted May 20, 2010 Author Share Posted May 20, 2010 You can go +4 with all prices. I mean what about the economy and industry, though. What are the various rates for various levels of economy and industry? Link to comment Share on other sites More sharing options...
Linsolv Posted May 20, 2010 Share Posted May 20, 2010 $4. Link to comment Share on other sites More sharing options...
ampulator Posted May 20, 2010 Share Posted May 20, 2010 It doesn't really... matter? That's my guess. The thing is, you can go an initial "+4" to all prices and wouldn't hurt your attendance. However, I do NOT know when you can raise it again after. Anyone have this info? Link to comment Share on other sites More sharing options...
Greg McNeish Posted May 20, 2010 Share Posted May 20, 2010 Higher Economy & Industry will help boost your attendance. Raising ticket prices beyond the initial $4 will lower your attendance. The higher each value is, the greater the effect. As the E&I levels increase, you can increase your prices further, to negate the gain in attendance. How you strategize this is completely based on your individual circumstances. Are you easily selling out your venue, but just aren't big enough to run the next size higher? Then raise your prices, until you're not turning so many people away. As long as you're still selling out, who cares if less people are TRYING to buy tickets. Link to comment Share on other sites More sharing options...
ampulator Posted May 20, 2010 Share Posted May 20, 2010 Higher Economy & Industry will help boost your attendance. Raising ticket prices beyond the initial $4 will lower your attendance. The higher each value is, the greater the effect. As the E&I levels increase, you can increase your prices further, to negate the gain in attendance. How you strategize this is completely based on your individual circumstances. Are you easily selling out your venue, but just aren't big enough to run the next size higher? Then raise your prices, until you're not turning so many people away. As long as you're still selling out, who cares if less people are TRYING to buy tickets. Good point. Nothing else need to be said... Link to comment Share on other sites More sharing options...
LoganRodzen Posted May 20, 2010 Share Posted May 20, 2010 I've had the +4 since I started with MAW and I recently decided to add $1 to everything even though the wrestling industry and economy are horrible. Saw some interesting results: http://lrodzen.me/images/horrible.JPG http://lrodzen.me/images/overpriced.JPG I see it affecting my house shows mostly. I saw a drop in attendance to my B-show but I'm going to test it out for the rest of the week. If I can get 10,000 people to keep coming to my two primary TV shows every week I don't care if the fans are pissed off. Link to comment Share on other sites More sharing options...
ampulator Posted May 20, 2010 Share Posted May 20, 2010 How long did you wait to increase the prices? If it was after a year, with a ONE dollar increase, it shouldn't piss any fans off it's only one dollar after one year. Heck, even some fans would defend it. Link to comment Share on other sites More sharing options...
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