Why You Should Care About Per Capita Revenue

Posted by , Oct 03, 2011



Amelia Northrup

Usually when organizations consider their ticket sales, they look mainly at total revenue. After all, revenue is what keeps an organization running, and total revenue is the 50,000-foot view of how well an organization is doing.

However, when considering how to optimize ticket sales, calculating and analyzing per capita revenue becomes a critical measurement.

Yes, “per capita revenue” sounds boring, complex, and technical, but stick with me—the reality is that it allows you to zoom in and see how tickets are selling on a season-by-season or show-by-show basis and that’s actually pretty useful.

What is per capita revenue?
In layman’s terms, per capita revenue is the average price paid for a ticket. It can be calculated for an individual performance, a series of performances, or an entire season. You can also break it out by group tickets, single tickets, or subscription/membership purchases.

How is it calculated?
The formula for calculating per capita revenues follows: Per Capita Revenue = Total Sales Revenue/Total Unit Sales

Read More

Christy Farnbauch

Musical Taste is Socially Transmitted

Posted by Christy Farnbauch, Oct 05, 2011


Christy Farnbauch

Christy Farnbauch

The Jazz Arts Group (JAG) in Columbus, OH, along with its national research partners recently completed a two-year study focused on the attitudes of current and potential jazz ticket buyers throughout the U.S. and in Central Ohio.

The research process involved a variety of research methods, including a music listening study, electronic and print surveys, and a literature review. The Jazz Audiences Initiative (JAI), launched in November 2009, was designed to study fundamental questions about how and why people engage with jazz. The main goal was to learn new ways for engaging audiences, and infusing the art form with new energy.

Once all the data was distilled, the following key findings emerged:

1.    Tastes in music are socially transmitted.
2.    Across western-based art forms, jazz still draws a relatively diverse audience.
3.    Consumption of jazz is artist-driven.
4.    Music preferences are shaped by local programming.
5.    Younger buyers have categorically more eclectic tastes in music.
6.    There are many musical pathways into jazz.
7.    Jazz buyers strongly prefer informal settings.

Read More

Will Lester

What Will Your Audience Look Like in 2020?

Posted by Will Lester, Oct 07, 2011


Will Lester

One of the prompt questions for this blog salon was, “What research is affecting your marketing and fundraising strategies?”

TRG’s research on arts patrons by generation has really given me perspective on where the arts are today and what we need to plan for long-term. Right now—even amidst the recession, organizational bankruptcies, and funding pullbacks, today may be the “good old days” for arts marketing.

There are four generations of arts buyers in the market right now. Each cohort is born roughly between these dates:

Traditionalists, born before 1945
Baby Boomers, born between 1946 and 1964
Generation X, born between 1964 and 1981
Generation Y, born between 1982 and 1995

Read More

Sam Horn

How to Have Your Audience at 'Hello'

Posted by Sam Horn, Oct 03, 2011


Sam Horn

Sam Horn

One of the best conferences I’ve ever attended was BIF-6, held in Providence, RI, and hosted by Saul Kaplan of the Business Innovation Factory.

Saul and his team collect an eclectic mix of pioneering thought leaders ranging from Tony Hsieh of Zappos to Fast Company co-founder Alan Webber, Jason Fried of Rework, and Keith Yamashita, who believes many of us “fritter away our greatness.”

Each presented a TED-like 18-minute presentation introducing their latest invention or insight.

I was on the edge of my seat the entire two days.

There was a recurring, underlying theme to each presentation. These visionaries had either:

A) seen something wrong and thought, “Someone should DO something about this. After being bothered about it for awhile, they finally concluded, “I’m as much a someone as anyone. I’LL do something about this.”

B) witnessed something that wasn’t what it could be. They thought, “It doesn’t have to be that way. There’s got to be a better way. An easier, greener, more satisfying, profitable way. And I’m going to come up with that way.”

Read More

Mary R. Trudel

How Strong is Your Social Net? (Part 1)

Posted by Mary R. Trudel, Oct 05, 2011


Mary R. Trudel

Mary Trudel

At last year’s NAMP Conference in San Jose – near the heart of Silicon Valley – my partner, Rory MacPherson, and I announced a national survey to gather input on how arts organizations and collaboratives are faring in the dynamic digital communications landscape.

Responding to input from arts organizations and regional arts collaboratives that are striving to get the most out of the latest digital communications tools and social media, we wanted to take a national snapshot of how arts groups are doing with adoption and integration of new social media platforms into their overall marketing outreach.

We decided to conduct a research project to collect hard data on how groups are managing messaging alignment, resource allocation, and how well they perceive their digital communications and social media efforts are working.

It seemed to us that even those who are leading the field and getting outstanding results are not completely sure they're communicating consistently, clearly and compellingly, wonder if they are connecting authentically with patrons and fans, and are concerned about how to sustain and improve the effectiveness of what they're doing. And universally, arts organizations reported struggling to measure the return on investment of their digital efforts.

Read More

Sam Horn

Does Your Idea Pass The Eyebrow Test?

Posted by Sam Horn, Oct 07, 2011


Sam Horn

Andy Rooney

Remember, you’re a lot more interested in what you have to say than anyone else is.” - Andy Rooney

Are you going into a meeting today to introduce an idea, request funding, or propose a program?

Did you know its success depends on whether you get people’s eyebrows up in the first 60 seconds?

People at many meetings are either jockeying to get THEIR idea heard – or they’re bored, distracted or just waiting for the meeting to be over so they can go back to work on the UPO’s (Unidentified Piled Objects) stacking up on their desk.

The good news is, you can test in advance whether your idea is going to get any traction.

Just ask a colleague for 60 seconds of their time.

Explain your idea/proposal/request to them...using the exact same 60 second opening you’ll use in the meeting.

Now, watch their eyebrows.

Read More

Pages