5321 - Box Office & Retail Operations

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    Box Office & Retail Operations

    Sport Finance

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    Box Office Operations

    Vital for the success of the organization:

    Successes enhance the organization

    Failures could be disastrous

    Point of entry for fans:

    First impression

    Influences further purchases

    Ticket sales usually the most important source of revenue.

    Number sold

    Unit cost

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    Box Office Operations

    Primary Product: Tickets Souvenir

    Information

    Seat

    Warnings

    Rain policy

    Printing:

    Computerized

    Not computerized

    Must have tix for all seats

    Must destroy all unused tix following event

    Must be stored securely

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    Box Office Operations

    Types of tickets:

    Reserved

    General Admission

    Season

    Mini-season

    Comps

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    Box Office Operations

    Season Tickets:

    Guaranteed source of income

    No concern about the opponent, weather, etc.

    The sale of a particular seat

    Mini-season plans:

    Season tickets for a portion of the season

    Lower financial commitment

    Part of the consumption escalator

    Another source of consumer data

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    Box Office Operations

    Complementary tickets:

    Increase the crowd size

    Free experience for new consumer

    Influence or reward

    Student tickets: Often discounted

    Special sections

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    Box Office Operations

    The EventTicket manager must understand theparticulars of each event:

    Seats available

    Type of fans

    Anticipated crowd size

    Staff necessary

    Space necessary

    Number of comps necessary

    House Seats

    Oversold

    VIPs

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    Box Office Operations

    Pre-Event Preparations:

    1. Each ticket seller is assigned a specific number oftickets and a small bank for change.

    2. Pre-game ticket audit per each seller.

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    Box Office Operations

    During the Event:

    1. Windows remain open for a enough time toaccommodate all who can be served.

    2. Will-call window remains open.

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    Box Office Operations

    Post-event:

    1. Ticket Sellers reconcile their banks:

    Unsold tickets

    Cash

    Checks

    Card receipts

    2. Ticket Manager writes a sales report

    Attendance report (Sales + Comps)

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    Customer Retention

    Know the customer:

    a) Identify the customersInternal market data

    b) Differentiate the customerSatisfy specific needs

    c) Interact with the customerEngage in dialogue

    d) Customize items for consumers

    Personalize direct mail

    Specific items

    Specific services

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    What Upsets Customers?

    a. Long delays

    b. Service or sales problems that result in serious customerproblems or emergencies.

    c. Uncaring or sloppy attitude

    d. Wasted time: Trips back and forth, etc.

    e. Failure to listen

    f. Failure to follow customers instructions

    g. Broken promises

    h. Inability to provide needed answers or info.

    i. Impolite employees

    j. Feelings of not being an important customer

    Customer Retention