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
    I am all set, thank you again and Happy New Year!


    From: Tessitura Technical Forum [mailto:forums-technical@tessituranetwork.com] On Behalf Of Kevin Sheehan
    Sent: Wednesday, January 05, 2011 3:38 PM
    To: Jeri Henderson
    Subject: RE: [Tessitura Technical Forum] Changing base price

    Yes.  Total Unsold is calculated as the value of all available seats, using the base price, plus the revenue lost to discounts and comps had they been sold at the base price.  % Actual is the same figure as % of capacity for the sales row, and capacity is based on revenue capacity which is calculated using the base price.

     

    Kevin Sheehan

    Documentation & Learning Resources Specialist

    Tessitura Network

    +1 888 643 5778 x 329

    ksheehan@tessituranetwork.com

     




    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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  • Former Member
    Former Member $organization
    I am all set, thank you again and Happy New Year!


    From: Tessitura Technical Forum [mailto:forums-technical@tessituranetwork.com] On Behalf Of Kevin Sheehan
    Sent: Wednesday, January 05, 2011 3:38 PM
    To: Jeri Henderson
    Subject: RE: [Tessitura Technical Forum] Changing base price

    Yes.  Total Unsold is calculated as the value of all available seats, using the base price, plus the revenue lost to discounts and comps had they been sold at the base price.  % Actual is the same figure as % of capacity for the sales row, and capacity is based on revenue capacity which is calculated using the base price.

     

    Kevin Sheehan

    Documentation & Learning Resources Specialist

    Tessitura Network

    +1 888 643 5778 x 329

    ksheehan@tessituranetwork.com

     




    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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