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Yield Management/Dynamic Pricing Reporting Options

James Broderick
$organization

Hi Everyone,

We are trying to find a way of reporting upon the extra revenue we have made, and can potentially make from our new Yield Management/Dynamic Pricing initiatives.

We'd be looking at the amount made per zone before any changes, what was gained/lost by making the changes and the % change  across individual performances as well as a Season.

I was wondering if anybody had any ideas or experience of making dynamic pricing changes and then reporting on the gain/loss, ideally through Standard reports already in place.

Or if somebody has managed to customise reports in some way to do this?

If this sounds like something you have knowledge on, or an idea of how to get this information from Tessitura...I would love to hear from you.

James

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  • Former Member
    Former Member $organization

    Back before “Home” price existed I used to create a Price Type that used my original pricing and mark that as Base Price and then go into T-Stats Seats Cube and use the Base Price Dimension and the Price Types that were dynamically priced. Then I would use Cost of Discount since that is looking at the difference between Base Price and whatever price was sols. Since T-Stats updates overnight you would want to make sure your “Base Price” Price Type is set with original prices prior to pulling the info.

     

    Now I just use RMA and call it a day.

     

    I hope you use T-Stats.

     

    Nicole

     

    From: Tessitura Ticketing Forum [mailto:forums-ticketing@tessituranetwork.com] On Behalf Of James Broderick
    Sent: Thursday, May 05, 2016 11:25 AM
    To: Nicole Keating <nkeating@arshtcenter.org>
    Subject: Re: [Tessitura Ticketing Forum] Yield Management/Dynamic Pricing Reporting Options
    Importance: High

     

    Hi Kelly,

    Thanks for replying.

    Yes, indeed I have. To give more clarity, the way we have increased/decreased price is to change them over the top on our Standard and Full Price for example It is not part of a pricing event.

    Having pulled that report, it does not seem to show a variance of the base price against itself if it has since been changed?

    From: Kelly Enderwick <bounce-kellyenderwick8274@tessituranetwork.com>
    Sent: 5/5/2016 10:46:18 AM

    Hi James, 

    Have you had a look at the Performance Revenue Gains-Loss report? 

    Kelly




    This message was sent automatically to you by www.tessituranetwork.com because you subscribed to the Tessitura Ticketing Forum. You may reply to this message to post to the Ticketing 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

    Back before “Home” price existed I used to create a Price Type that used my original pricing and mark that as Base Price and then go into T-Stats Seats Cube and use the Base Price Dimension and the Price Types that were dynamically priced. Then I would use Cost of Discount since that is looking at the difference between Base Price and whatever price was sols. Since T-Stats updates overnight you would want to make sure your “Base Price” Price Type is set with original prices prior to pulling the info.

     

    Now I just use RMA and call it a day.

     

    I hope you use T-Stats.

     

    Nicole

     

    From: Tessitura Ticketing Forum [mailto:forums-ticketing@tessituranetwork.com] On Behalf Of James Broderick
    Sent: Thursday, May 05, 2016 11:25 AM
    To: Nicole Keating <nkeating@arshtcenter.org>
    Subject: Re: [Tessitura Ticketing Forum] Yield Management/Dynamic Pricing Reporting Options
    Importance: High

     

    Hi Kelly,

    Thanks for replying.

    Yes, indeed I have. To give more clarity, the way we have increased/decreased price is to change them over the top on our Standard and Full Price for example It is not part of a pricing event.

    Having pulled that report, it does not seem to show a variance of the base price against itself if it has since been changed?

    From: Kelly Enderwick <bounce-kellyenderwick8274@tessituranetwork.com>
    Sent: 5/5/2016 10:46:18 AM

    Hi James, 

    Have you had a look at the Performance Revenue Gains-Loss report? 

    Kelly




    This message was sent automatically to you by www.tessituranetwork.com because you subscribed to the Tessitura Ticketing Forum. You may reply to this message to post to the Ticketing 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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