Rick Lester

Seat-o-nomics

Posted by Rick Lester, Jul 19, 2012


Rick Lester

Conventional wisdom: A higher price (P1) results in a lower quantity sold (Q1), whereas a lower price (P2) results in a more sales (Q2).

Harry Truman famously expressed a desire to consult only with “one-armed economists." Our 33rd president wasn’t fond of counsel that began, "On the one hand, this…" and was followed by "On the other hand, that…" Truman wanted straight talk without equivocation.

So, here is a bit of economic straight talk from the data vaults of TRG Arts. Forget everything you learned in that Econ 101 class you took in undergraduate school. You can also forget what you learned at business school. It doesn’t apply to tickets.

Competitive Freedom

Conventional wisdom holds that higher prices reduce demand. For instance, in the consumer universe of unlimited hamburger availability, McDonald’s will sell many at $1.00 and many fewer at $10.00. And, at $100, demand goes to zero.

But, supply and demand curves do not apply to the world of selling tickets.

Those curves depend upon an “open market” of goods and prices. Corn, wheat, and hamburgers are sold in huge open markets. There are vast numbers of buyers and sellers who are free to compete for the exchange of goods and services.

Price subject to desire.

This condition of competitive freedom does not exist when selling tickets.

For example, nonprofit organizations are run by volunteer boards who set, approve or use their clout to influence prices—prices that these same board members pay when they attend the performances presented by their organization. That’s just one reason why the best seats are frequently undervalued.

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Adrion Porter

Using Sound to Build Engagement and Brand Equity

Posted by Adrion Porter, Oct 04, 2012


Adrion Porter

Adrion Porter

Is your brand being heard and not just seen?

That is the question that companies should answer with an emphatic YES! Yet many marketers focus their time and resources primarily on visual stimuli to create brand awareness. As the marketplace is becoming more crowded, brands are challenged to break through the clutter and distinguish themselves from the competition.

This calls for a need to embrace innovative methods of reaching consumers beyond the eyes, but also through the “ears.” Here lies one of the most powerful, yet under-utilized branding tools—sound.

Why is Sound Essential to Brand Performance?

One word…Emotion.

Research has proven that sound has a direct path to the emotional and memory parts of the brain. Think about those special moments when music and sound have altered our mood, enhanced feelings, and guided us to places long forgotten. Hearing the sound of birdsong in the morning; an opening theme from a television show; or the sound of our mother’s voice.

As more consumers make purchase decisions driven by emotion rather than function, having sound as part of an identity system allows for brands to resonate in ways that visuals cannot. Audio branding communicates those intangible brand associations that pull at the heartstrings and create unforgettable experiences.

Some brands have been successful market leaders at harnessing the power of music and sound with great effect. McDonald’s “Ba-da-ba-ba-baah…I’m Lovin It" is just as recognizable as the golden arches.

The start-up sound of a MacBook Pro provides an emotional trigger to Apple enthusiasts.

Along with the peacock, the NBC three-tone chimes are the network’s brand assets.

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Tim Mikulski

The How-and-Whys of Our Top 10 Most Viewed Posts of 2012

Posted by Tim Mikulski, Dec 19, 2012


Tim Mikulski

Tim Mikulski

Everyone loves a top 10 list. Sure, it seems the lists are everywhere this time of year—to the point that you'd think that we've over-saturated the market for them, right? Wrong.

The best evidence that I can give you to prove that top 10 lists bring people to your site is that four of our top 10 most viewed posts this year contain the number 10 and, as you will see below, our top 3 new posts published in 2012 contain the number, too.

Thankfully, though, that's not all we're about here on ARTSblog.

So, the Top 10 Most Viewed ARTSblog Posts created in 2012 are:

1. The Top 10 Skills Children Learn From the Arts

2. Ten Years Later: A Puzzling Picture of Arts Education in America

3. 10 Reasons to Support the Arts in 2012

4. Former President Clinton Supports Arkansas Arts Education Program

5. Overcommitment: Taking the ‘I Shoulds’ Out of Your Life?

6. What Do We Really Know About People Who Get Arts Degrees?

7. What’s Actually Keeping Your Audience Away?

8. President Obama’s Budget Request for the NEA: The Fine Print 

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Rick Lester

Warning! An Election Looms in November...

Posted by Rick Lester, Jan 25, 2012


Rick Lester

Rick Lester

When I worked as an arts manager, the election season----particularly presidential years like 2012----was a time of fear and loathing. Why?

First and foremost, ticket sales and admissions soften or die immediately before and on Election Day. At TRG, we’ve watched this trend play out across the U.S. over the past two decades in client sales results from markets of all sizes.

An inescapable consequence of major election cycles is campaign advertising----a driver of America’s economic engine that is bad for arts and entertainment.

The flood of campaign advertising every other October sucks opportunity out of our promotional campaigns. (Just ask anyone in Florida right now where the Republican primaries alone are having a major impact.)

Campaign advertising drives up the price and limits----in some markets eliminates----the availability of advertising time on radio and TV. Email inboxes, postal mailboxes, Facebook pages, and Twitter accounts are stuffed beyond capacity. The normal roar of media clutter hits overload.

It becomes nearly impossible to create a viable marketing message capable of cutting through. No matter the quality of what goes on stage or in the gallery, patrons are less likely to hear about it.

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Alison French

Seal the Deal, Break the Barrier, Stop the Churn!

Posted by Alison French, Oct 01, 2012


Alison French

As the 2012 National Arts Marketing Project (NAMP) Conference: Getting Down to Business quickly approaches, we are taking some cues from creative business leaders, entrepreneurs and change agents. And that is exactly how I would describe our keynote speakers – Rohit Bhargava, Eric Ryan, Nina Simon, and the musical collective cdza:

What better way to kick off a meeting about audience engagement, communications, and revenue generation than with an online discussion with you and 25 top marketing practitioners and consultants in the field?

Join us here on ARTSblog for a dialogue on the broad landscape of arts marketing, technology, and audience development. Bloggers include David Dombrosky, Clay Lord, Jill Robinson, Nina Simon, Adam Thurman, and many others.

From October 1-5, join us as we wrestle with and ponder on such questions as:

•    What new strategies are you utilizing to broaden your audience and build business?
•    How are you using ROI analysis in your marketing campaigns?

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Nina Simon

Audience Development, Venn Diagram Edition

Posted by Nina Simon, Oct 04, 2012


Nina Simon

Nina Simon

A lot of conversations I have about audience development with organizational leaders go something like this:

"We want to find ways to make our institution more participatory and lively."
"Great!"
"We want to cultivate a more diverse audience, especially younger people, and we want to do it authentically."
"Fabulous!"
"But our traditional audience doesn't come for that, and we have to find a way to do this without making them uncomfortable."
"Hm."

Audience development is not an exercise in concentric circles. You can't just start with who you already have in the middle and build infinitely outward. In most cases, growth means shifting, and shifting means that some people leave as others come.

This is incredibly scary. It requires trading a certain history for an uncertain future—a nerve-wracking prospect no matter the situation. It's particularly scary if your institution relies primarily on private donors, members, and gate sales to cover operating costs. When funding is tied to a specific subset of your audience, you get protective of them, even if they are not the people most likely to ensure viability and sustainability in the future.

When I took on the director role at the Santa Cruz Museum of Art & History, we were in a dangerous situation. We had a small cohort of members and donors who loved and supported us. Outside of that, our bench was very thin—no brand recognition, no up-and-coming audience, no big funders with an eye on the future of the organization.

Now, a year later, we’ve more than doubled our attendance, increased membership by 30%, attracted national foundation funders, and gotten great ink locally. Our audience has gotten younger and they come more frequently.

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