Re: But seriously now folks ... (was HUMOR: STC Conference Time - )

Subject: Re: But seriously now folks ... (was HUMOR: STC Conference Time - )
From: "Susan Patrick" <susan -dot- patrick -at- fti-ibis -dot- com>
To: "TECHWR-L" <techwr-l -at- lists -dot- raycomm -dot- com>
Date: Thu, 4 Apr 2002 15:42:36 -0500


Thanks, Doug. I like it when people bust the usual arguments about ticket
prices. It's similar to the "if baseball salaries weren't so inflated,
ticket prices would be lower" argument. No, ticket prices are set to
whatever the team and stadium owners choose, which is based on what the
market will bear. If player salaries were to drop, ticket prices woudn't.
Sorry, can you tell I'm a bitter Montrealer?

Now, back to the conference. Here's a thought experiment with some very
rough figures....

2300 attendees (last year's figure)
240 sessions (again, last year's figure)
Some sessions have multiple speakers, but some speakers do multiple
sessions.
For simplicity's sake, let's say there are 240 speakers.

2300 - 240 = 2060 attendees paying full price.
Admission = $400 (roughly)
2060 x 400 = $824 000 in admission collected from regular attendees.
Say speakers get a $25 discount.
240 x 375 = $90 000 in admission collected from speakers.
824 000 + 90 000 = $914 000 total admission collected.

Question: Can the STC manage if it grosses $824 000 from admission instead
of $914 000? Of course, this doesn't include revenue from exhibitors, which
does not change. It also doesn't take into account any changes in attendance
caused by subsidizing speakers.

Just presenting some food for thought,
Susan

"Douglas S. Bailey (AL)" <dbailey -at- commandalkon -dot- com> wrote in message
news:148510 -at- techwr-l -dot- -dot- -dot-
>
> > If they were to subsidize the speakers, they would
> > be forced to raise the rates for the attendees.
>
> The idea that the STC would have to increase the door fees to account for
> the "lost" speaker door fee revenue is bull, unless the revenue is
> physically lost, i.e. spent on food for the speakers, etc. If not, then
> they're only trying to protect some phantom revenue figure that they've
> developed in their heads. Settling for that figure minus the total door
> fees from the speakers wouldn't bust their budgets. If it actually would
> (which I doubt), then there's trouble in River City and they *need* to
raise
> their door fees.
>
>
>



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References:
RE: But seriously now folks ... (was HUMOR: STC Conference Time - ): From: jgarison

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