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Dynamic Pricing Reports

Michele Keutsch
$organization

We are venturing into our first season using the new v12 pricing model with events to increase prices as the season goes along. 

We're a little stuck trying to figure out how to report on this. We've looked at the canned report from Tessitura, but it doesn't seem to make a lot of sense to us. We've followed the T-Stats recipe found in the Tessitura documentation about Dynamic Pricing, but again, it doesn't make sense either. 

What we need is something by price type with the amount of money we've made from price events. Does such a thing exist?



[edited by: Michele Keutsch at 3:12 PM (GMT -6) on 13 Feb 2017]
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  • $organization

    Thanks Brandi – we have RMA as well and were leaning towards using this for reporting. Any particular report that you like?

     

    From: Tessitura Ticketing Forum [mailto:forums-ticketing@tessituranetwork.com] On Behalf Of Brandi Sellers
    Sent: Monday, February 13, 2017 3:33 PM
    To: Michele Keutsch
    Subject: Re: [Tessitura Ticketing Forum] Dynamic Pricing Reports

     

    We've purchased and actively use the Revenue Management Application from JCA.  It has some fantastic reporting that can not only determine individual performances that prime candidates for price changing, but also what zones, price types, etc. are as well.

    They offer specific reporting on your dynamic pricing impact so that you can see specifically what your net gain is for each price increase (or decrease).  

    From: Michele Keutsch <bounce-michelekeutsch5100@tessituranetwork.com>
    Sent: 2/13/2017 3:09:28 PM

    We are venturing into our first season using the new v12 pricing model with events to increase prices as the season goes along. 

    We're a little stuck trying to figure out how to report on this. We've looked at the canned report from Tessitura, but it doesn't seem to make a lot of sense to us. We've followed the T-Stats recipe found in the Tessitura documentation about Dynamic Pricing, but again, it doesn't make sense either. 

    What we need is something by price type with the amount of money we've made from price events. Does such a thing exist?




    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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  • $organization

    Thanks Brandi – we have RMA as well and were leaning towards using this for reporting. Any particular report that you like?

     

    From: Tessitura Ticketing Forum [mailto:forums-ticketing@tessituranetwork.com] On Behalf Of Brandi Sellers
    Sent: Monday, February 13, 2017 3:33 PM
    To: Michele Keutsch
    Subject: Re: [Tessitura Ticketing Forum] Dynamic Pricing Reports

     

    We've purchased and actively use the Revenue Management Application from JCA.  It has some fantastic reporting that can not only determine individual performances that prime candidates for price changing, but also what zones, price types, etc. are as well.

    They offer specific reporting on your dynamic pricing impact so that you can see specifically what your net gain is for each price increase (or decrease).  

    From: Michele Keutsch <bounce-michelekeutsch5100@tessituranetwork.com>
    Sent: 2/13/2017 3:09:28 PM

    We are venturing into our first season using the new v12 pricing model with events to increase prices as the season goes along. 

    We're a little stuck trying to figure out how to report on this. We've looked at the canned report from Tessitura, but it doesn't seem to make a lot of sense to us. We've followed the T-Stats recipe found in the Tessitura documentation about Dynamic Pricing, but again, it doesn't make sense either. 

    What we need is something by price type with the amount of money we've made from price events. Does such a thing exist?




    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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  • $organization in reply to Michele Keutsch

    I just realized I never replied!  in RMA, we use the Dynamic Pricing Impact to show gaines specifically related to our pricing changes.

     

    We use the Configurable Monitoring Dashbord to determine shows that are candidates for pricing changes.  It's extremely configurable and you are able to sort by different variables for review.  We use %Capacity Sold/RSVPed and Days Since Price Changes as our main criteria, but then also set up Custom Zone alerts for shows that we want to monitor more closely.