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Topic: Opening Night Ticket Pricing( Topic Closed) | |
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lparks
Star Joined: 1/12/10 Location: United States Online Status: Offline Posts: 58 |
Posted: 8/08/10 at 5:28am |
University has an Auditorium that is used by traveling Broadway shows - those tickets are $50+.
IU Auditorium tickets start at $19 for Students and $38 for Adults / Seniors. I personally find the traveling shows a big letdown for the ticket price. The tickets are nearly 3 times as expensive and you do not get 3 times the show. This is just my opinion as well - These tours are professionally produced tours that cost between $1,000,000 and $3,000,000 to mount. The auditorium is charged a rate usually about $250,000 per week + box office share to bring these shows to town. They charge that much for tickets because without charging that much - there would be no show. It's not that the Auditorium is reaping a major profit. Doug Booher recently stated that they make an average of 1%-4% off of each ticket, the rest goes back to the touring company. You can see the video interview here: http://www.youtube.com/watch?v=wQOc6yu74NI. Ticket prices for IU Auditorium can be varied here: http://www.iuauditorium.com/site/show-spamalot.html It is hard to train our community that you need to pay for theater. If they pay IU Auditorium rates, they will pay for theatre. The problem is, people only pay what they are charged and only if they get what they pay for. Cardinal Stage Company prices tickets at between $26 and $28 for adults. They charge this because they have built up a reputation. They started 5 years ago, and only started tickets back then at about $19 or so (from what I can tell). It's not that people in this town "don't want to pay", it's that they only want to pay for what they actually get. IU Auditorium brings in shows that regularly sell out there 3,000 seats (usually, for at least 2 performances) because they present shows that people want to pay that much to see. If IU Can sell as many as 6,000 or more seats at an average price of $38 - people will pay to see theater. Now for my actual advice on this topic: In my opinion (as a theatre going patron) is that paying more for an opening night reception would not be that ideal. I might pay an additional $5 at MAX, but it would have to be something really special. Most of the time the opening night reception is used more as a "audience drawing" tool to fill seats on opening night more than a money making scheme (per-se). In fact, many theatre's offer a discount on opening night or a discount "preview" performance. Our pricing scheme - which can be found here: http://www.brtlive.org gives you some idea of what we charge. We are, however, a professional company and not really "community theatre", and we estimate that these prices should cover roughly about 60-70% of production costs. I might add that we are a new company going into our first season as well. In Bloomington, In - tickets are really all across the board. We have a small professional theatre that engages equity actors on occasion, which charges ticket prices between $24 and $28 for adults (cheaper for students and children). Another small professional theatre that produces new plays in town charges $18 for adults to it's mainstage plays. Most of the IU Theatre (student produced shows) runs about $22 for adults. On the high-end of the scale is the IU Auditorium ticket prices, which starts at $38 for General Public and $19 for IU Students, going up to $60 per seat for premium orchestra. I would say that in our area, the AVERAGE ticket prices for local theatre is somewhere around $20 average. Edited by lparks - 8/09/10 at 5:28am |
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Landon Parks,
Producing Artistic Director, Bloomington Repertory Theatre Co |
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Theatermama
Star Joined: 7/23/10 Location: United States Online Status: Offline Posts: 60 |
Posted: 8/09/10 at 1:21pm |
Personally, I have paid $50+ for shows at the IU auditorium numerous times. Of course, the prices vary for students, and if you want to sit in the balcony. Yes, people pay for the traveling shows, but that is a somewhat different crowd than goes to local theater. There is some cross over, but the goal of the two professional companies, BPP and Cardinal, is to put on very high quality shows, which they do, so they attract a bigger audience base. The other theaters in The amount of what it costs to bring a touring show to the Auditorium, while interesting, is irrelevant to community theater prices. I occasionally go see a show there. We enjoy the shows but we think the local theaters offer excellent quality for a fraction of the price. I should define what I meant by better production value - I am referring to having a set, props, costumes and audition only actors. I have spent the last 4 weeks working on the Would I personally pay more for an opening night gala? Probably not, but I guess it would depend on if there was a reason to draw me there. I like the way BPP does it with the no extra cost talk back reception with the playwright – or the actors and director. The reception is actually meant as a way to thank subscribers – they are the ones notified of the event and it is not a huge affair. Bottles of wine, cheese, crackers, simple finger foods and desserts make up the menu. We get much of our food donated from local restaurants in exchange for publicity. Edited by Theatermama - 8/09/10 at 1:22pm |
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jayzehr
Celebrity Joined: 8/11/05 Location: United States Online Status: Offline Posts: 537 |
Posted: 8/11/10 at 3:26pm |
All I can say is that going by my experiences in a university town, I wouldn't bet the farm on that assumption. There are a lot of other variables involved. |
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lparks
Star Joined: 1/12/10 Location: United States Online Status: Offline Posts: 58 |
Posted: 8/11/10 at 3:37pm |
Yes, there are MANY variables involved. I did not say that every show ever done will sell 6,000 seats at $38. I said that IF that many people to will pay that price to see theatre in this town (and trust me, the IU Auditorium has sold at least 6,000 on MANY occasions) then people in our town will pay that much, if given the chance to see a show they want to see that they feel is worth that price.
Do you have an argument with that statement? I would love to hear what you disagree with... That statement was in reply to Theatermama's post regarding her opinion that it's to hard to get people in this town to pay for theatre. Clearly, if given the right circumstances - people will pay that much. That's all I am saying. Also, I would highly doubt that most of the people who see the traveling shows are different from those that see local shows. I am sure not everyone who goes to the IU Auditorium are regulars of the local theatre scene - but I would bet the house that many (60% or more) of IU Auditorium goer's attend at least one local performance. That's just my opinion of course. I am sure many people have opinions that differ from mine, but I am free to give my opinion from the point of view of someone who knows many theatre goers who attend both touring and local shows. In my opinion, jayzehr simply want's to turn every statement I make into an argument. It's not the first time he has done it. Everyone is entitled to an opinion, and I feel fully qualified to make such assertions based on my theatre going experience. Edited by lparks - 8/11/10 at 3:50pm |
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Landon Parks,
Producing Artistic Director, Bloomington Repertory Theatre Co |
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Sher56
Walk-On Joined: 2/12/08 Location: Cayman Islands Online Status: Offline Posts: 4 |
Posted: 9/14/10 at 12:04am |
We are going to do a Thursday "Preview" night, but make it a "Pay as you Can".....hoping that we can fill up the small 133 seat theatre and then pass on the word, by mouth!
Has anyone had any success at this? ta |
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Sher
Cayman |
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lparks
Star Joined: 1/12/10 Location: United States Online Status: Offline Posts: 58 |
Posted: 9/14/10 at 12:32am |
Of the local theatre company's in my town, I am aware of only one that does this on a regular basis. It could very well work - but my concern would be that everyone would show up on the cheap night. I don't know how much of a concern this is - but I know if "I" was offered a discount ticket I would go on the discount/pay what you can night, even if offered the chance to see it any other night.
However, the idea is worth a try. Make it a policy on one show and then see how it goes from there. |
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Landon Parks,
Producing Artistic Director, Bloomington Repertory Theatre Co |
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Theatermama
Star Joined: 7/23/10 Location: United States Online Status: Offline Posts: 60 |
Posted: 9/14/10 at 4:44pm |
We did a Pay What You Can this summer for the first night of a fundraising show run and we averaged ticket price in donations. This was a fundraiser and some people paid more and others paid less. It was an opportunity for those that could not really afford the ticket price to see a show and contribute in someway to the fundraiser, one person brought in a sock of change.
One of our theaters did the pay what you can preview last year and found it worked very well. People do not just go to the cheap night, but it did give people a chance to see the play that they might otherwise not be able to see and gives an opening night audience that you often don't have. I believe they plan to do it again this year and they also offer a guarantee - if you don't like the play they will give you a ticket to see a different play. They also did a buy one get one free subscription and the free one had to be given to someone who had never subscribed before - we got a new couple involved that just moved to Bloomington. All good ways to build an audience base.
Good luck with that idea - I think it is a good one to explore. I intend to do Pay what you can matinee with my winter show as I have played to 1 audience member before at a Sunday matinee and I never want to do that again. Matinees are freebies of sorts as we have the theater rented already for the day so the extra show just means extra money if you can get an audience that pays anything. Since my winter show has a percentage royalty, that works. My Spring show has a pay per show royalty so we won't do any pay what you can shows for that, I need more guaranteed income so will work on pre-sells instead.
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clee
Walk-On Joined: 9/22/10 Location: United States Online Status: Offline Posts: 0 |
Posted: 10/07/10 at 1:25pm |
In an effort to increasing our opening night attendance, our organization has gone to 2-for-the-price-of-1 tickets for opening night only. There are a number of reasons: 1)a bigger house early in the run increases word-0f-mouth sales for the rest of the run; 2)we only have one price (no senior, student, miltary, etc. rates) so it gives us a repsonse to complaints about prices; 3)it's a great marketing tool - a live show is cheaper than a movie. Our overall attendance has increased since we started doing this. |
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Clay
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Sher56
Walk-On Joined: 2/12/08 Location: Cayman Islands Online Status: Offline Posts: 4 |
Posted: 10/07/10 at 11:39pm |
Thanks for all the useful comments. We will give it a shot and will post our results!
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Sher
Cayman |
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