Good afternoon all,
At Mystic we're doing Timed Ticketing (as a lot of places are) as well as using Dynamic Pricing (our prices start discounted and creep upward as the visit date approaches and as available seats dwindle). These have been quite successful for us. We also have a consignment ticket program, where local organizations purchase a block (10, 25, 50, 500) tickets from us at a bulk rate, and their patrons redeem those tickets piecemeal at future dates. Dynamic Pricing has made that model outdated, as our prices do change day-to-day and zone-to-zone and as the discounts offered by Dynamic Pricing are often better for purchases than the bulk tickets that are re-bought and redeemed afterward.. We want to maintain our relationships with partner organizations, but we also want to offer those patrons discounts that work for everyone involved (Mystic, the local org, and the patrons).
Are there organizations that have similar corporate sponsor/wholesale/consignment ticket programs? If so, do those organizations have Dynamic Pricing?
We would love to get a feel for how other folks are working through such programs.