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Online Event Pricing Strategies
Date
July 30, 2020
Credits
1 Contact Hours
This product is not available for individual purchase, but it is available as part of the following products:
Like many during the onset of the COVID-19 pandemic, many European countries and MPI Chapters worked quickly to learn, grow, and teach others about how the MICE industry was rapidly evolving, and how meeting and event professionals needed to pivot in order to evolve too…
1 Clock Hour | Domain I: Marketing
Since the moment the event industry switched to all-digital, the event pricing question became one of the most prominent.
Many industries set the price strategies based on pricing theories or economical and mathematical models, however, the event industry is lacking such a theoretical approach. We develop event pricing in the best case scenario by building the budget, in the worst-case scenario just by applying 'I guess that's going to work' method.
During this session, we will look into several pricing strategy possibilities, outline what is important to take into account and how to define event ticket prices.
In this session, you will ...
- Learn how to approach the price-setting process
- Examine rice strategies for ticketing and sponsorship
- Discuss examples of current events and price dynamics
- Review data-driven event price strategies
Speakers
Founder and Event Consultant, Endo-Exo
Founder, Ticketsell
CEO, Practically Perfect PA
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