March 2020

theatre chairs
Business

Five Theatre Marketing Tactics That Help Boost Revenue

Jason BaltzellComment on Five Theatre Marketing Tactics That Help Boost Revenue

There are several things you have to do to get the business up to par with other theatres. Art marketers are very familiar with the art of stretching time and budgets. With the limiting of resources and tight schedules, finding a new plan and ways to implement it can be a challenge.

If you are looking for ways to polish up their running campaigns or formulate a fresh idea from scratch, here are some strategies you can apply to your theatre business:

1. Up-Sell & Cross-Sell

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Keenly observe the ticket purchasing pattern and path. Analyze where to cross-sell events patrons may have an interest in and up-sell extra goods they may buy. Use the information to see where you can request patrons to supplement tickets to more plays. You are likely to leverage people if you include a discount offer and a donation site element on your domain to promote online giving. Also, include options such as premium experience to add value to offers that exist.

2. Pre-Sell Merchandise & Concession

Ignore the mentality that for your customers to have a memorable experience, it has to start in the theatre. Promote clients to pre-order beverages and meals online. This helps boost online traffic to your site and serve the client’s on-site experience. When your client has the option to avoid waiting in long lines, they are likely to consider it. This is also a great way to get information on how much inventory to keep. Merchandise can include anything from pens to t-shirts.

3. Supplementary Gigs

Supplementary Gigs
A unique idea that you can use is introducing foreign experiences that lead to the main play or event. This is a great way of boosting your secondary spend. Things like show talks after the event or a meet and greet with the performing artist are all ways that can keep your customers yearning for more.

4. Segmenting the Audience

Having a client segmentation model is one of the active ways firms can boost how they market to their customers. Customer segmentation will help you collect data and determine the most effective strategies …

international travel
Personal Spending

How to Be Financially Prudent While Traveling

Jason BaltzellComment on How to Be Financially Prudent While Traveling

Traveling does not have to be expensive. And you don’t have to sacrifice your fun, either. But doing so will be difficult, if not impossible, if you don’t know what you will encounter during your travel. Therefore, you need to learn these financial guidelines first. 

Review Your Documents Thoroughly

We get it; travel is supposed to be about the adventure and stuff, but precisely because of this mentality, many travelers end up paying for unnecessary penalties and even get their entry denied. Imagine if you already book several hotels because you plan to visit several destinations at once! All those efforts will be meaningless and utterly disappointing if you can’t enter your destination country. 

Therefore, you need to review the immigration laws thoroughly before you proceed to purchase tickets or book some places. If you’re Hungarian, for instance, read this page to learn what documents you need if you are to visit Canada. 

Book a Room that Has a Refrigerator, Microwave, or a Whole Set of Kitchen

This tip will be much useful if you plan to spend weeks at your travel destination. By having those appliances, you can stock raw ingredients and cook your own meals. It is true that many tourist spots are surrounded by restaurants or covered by online food delivery services, but you can save hundreds of bucks if you prepare your own foods. Besides, you’ll never know the hygiene of the foods you buy. 

Stay Updated to Local News

Just recently, the Corona outbreak has made many countries close their borders to tourists. A thing like this cannot be predicted months in advance. Therefore, once you arrive at your destination, you need to follow up with the latest local news. If there are any potential occurrences that can bring harm to you, change your travel plan. Getting stuck in a foreign conflict will surely drain your financial resources!

Learn to Use Public Transportation (But not Taxis)

Taxis are considered as the premium means of public transportation, so it is costly. Buses and trains, on the other hand, will save you significant money. However, if you …

briefcase
Financial

Why You Need a Financial Advisor

Mary ArmstrongComment on Why You Need a Financial Advisor

 

We have many plans in life. We dream of retiring in the Philippines or the Bahamas and have a good quality life after we retire. Or we can apply for a loan and put up a business that will be raking in profits. But most often than not, these plans do not materialize because of a lack of foresight and limited knowledge.

Having a financial advisor means you are guided along your financial journey. He is a professional who renders financial services and gives you sound advice on your financial condition. When you are unsure of how to manage your finances, hiring a reputable financial advisor may be the best way to have a better understanding of factors that may affect your financial situations.

While we may believe in our own capabilities and judgment, we may not have been trained enough to understand these factors like foreign exchange, market trends, and regulatory changes that affect our financial condition. A financial advisor can give as a comprehensive analysis of the results of our past risky decisions and may have a better foresight of present endeavors.

Here are some reasons why you should hire a financial advisor.

Gives Sound Financial Management Strategies

meetingFinancial problems usually start when we do not have a clear picture of our financial capabilities, and our spending pattern is not based on our purchasing power.

A financial advisor studies your spending pattern and makes a comparison with the income that is getting in. To come up with an effective management plan for your finances, your financial advisor must do in-depth analyses of several factors and how to eliminate their negative impacts on your finances. For sure, with a financial advisor, bad decisions may have no room in your financial transactions.

Works for Growth and Expansion

Your wealth can be gone at the click of a hand with some bad decisions. Proportioning a part of your income and saving a portion for some fortuitous events that may happen will save you from bankruptcy.

A financial advisor will help you choose your investments wisely, which will give you more …