Changing base price

Former Member
Former Member $organization

Hi,

Since we have been using Tessitura, base price indicators were attached to the highest price for each event.  But our Finance department now wants us to change to be our lowest price so Season Manager will jives with the actual budget done on lowest ticket price.  Are there any negatives to doing this mid-season?   My initial reaction is to wait until next season but if impact is minimal and benefits great, then now would be the time.

Thanks in advance for your words of wisdom.

Jeri

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  • Former Member
    Former Member $organization
    Hi Mara,
    Thanks for your feedback.  We were hoping to use Season Overview for all of our needs but we'll consider custom fields if that doesn't work.  Happy New Year!


    From: Tessitura Technical Forum [mailto:forums-technical@tessituranetwork.com] On Behalf Of Mara Hazzard-Wallingford
    Sent: Wednesday, January 05, 2011 1:52 PM
    To: Jeri Henderson
    Subject: Re: [Tessitura Technical Forum] Changing base price

    Hi Jeri,

    The main issues I can think of would be how this change affects other areas of the system that rely on base price.  There are a number of reports that use Base Price to calculate the cost of discount or to determine the "face value" of a ticket.

    This would be an issue whether you made the change now or waited until a new season.

    I don't know if this helps, but we have some custom budget fields on some performances to allow us to enter our revenue goals for performances, which don't really have much to do with base price.

    Good luck!

    From: Jeri Henderson <bounce-jerihenderson2389@tessituranetwork.com>
    Sent: 1/5/2011 10:25:46 AM

    Hi,

    Since we have been using Tessitura, base price indicators were attached to the highest price for each event.  But our Finance department now wants us to change to be our lowest price so Season Manager will jives with the actual budget done on lowest ticket price.  Are there any negatives to doing this mid-season?   My initial reaction is to wait until next season but if impact is minimal and benefits great, then now would be the time.

    Thanks in advance for your words of wisdom.

    Jeri




    This message was sent automatically to you by www.tessituranetwork.com because you subscribed to the Tessitura Technical Forum. You may reply to this message to post to the Technical forum or visit the site to search, read and post to the forums. In the interest of keeping the forum posts from becoming cluttered, we encourage you to delete previous message text from your reply before sending. Thank you!
Reply
  • Former Member
    Former Member $organization
    Hi Mara,
    Thanks for your feedback.  We were hoping to use Season Overview for all of our needs but we'll consider custom fields if that doesn't work.  Happy New Year!


    From: Tessitura Technical Forum [mailto:forums-technical@tessituranetwork.com] On Behalf Of Mara Hazzard-Wallingford
    Sent: Wednesday, January 05, 2011 1:52 PM
    To: Jeri Henderson
    Subject: Re: [Tessitura Technical Forum] Changing base price

    Hi Jeri,

    The main issues I can think of would be how this change affects other areas of the system that rely on base price.  There are a number of reports that use Base Price to calculate the cost of discount or to determine the "face value" of a ticket.

    This would be an issue whether you made the change now or waited until a new season.

    I don't know if this helps, but we have some custom budget fields on some performances to allow us to enter our revenue goals for performances, which don't really have much to do with base price.

    Good luck!

    From: Jeri Henderson <bounce-jerihenderson2389@tessituranetwork.com>
    Sent: 1/5/2011 10:25:46 AM

    Hi,

    Since we have been using Tessitura, base price indicators were attached to the highest price for each event.  But our Finance department now wants us to change to be our lowest price so Season Manager will jives with the actual budget done on lowest ticket price.  Are there any negatives to doing this mid-season?   My initial reaction is to wait until next season but if impact is minimal and benefits great, then now would be the time.

    Thanks in advance for your words of wisdom.

    Jeri




    This message was sent automatically to you by www.tessituranetwork.com because you subscribed to the Tessitura Technical Forum. You may reply to this message to post to the Technical forum or visit the site to search, read and post to the forums. In the interest of keeping the forum posts from becoming cluttered, we encourage you to delete previous message text from your reply before sending. Thank you!
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