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The art and science of pricing

Admission tickets, special events, memberships, merchandise, food... almost all public-receiving organisations charge their visitors at some point. But how do we know when the price is right? Setting the right price and communicating it effectively is a complex process where management, operations, marketing, psychology, social objectives, previous experience and more all play an important and interconnected role. An understanding of consumer psychology and an effective sales process can help to encourage customers to fully engage through the whole institution.

This workshop combines an overview of the tactics that you could use in setting your prices with the chance to share your experiences and problems, alongside case studies, exercises and practical examples to take away with you.

Facilitator

Director, Consulting Services
Baker Richards
Cambridge
United Kingdom

Session speakers

Director, Consulting Services
Baker Richards
Cambridge
United Kingdom
David Reece is Director of Consulting at Baker Richards, a leading international provider of consulting services and software for the cultural sector. David will contribute extensive practical experience working with leading cultural institutions worldwide to help them thrive and become more financially sustainable. Previous clients include Eden Project, Zoological Society of London, English Heritage, The Royal Academy of Art, Natural History Museum of LA, SFMOMA, and Royal Shakespeare Company.
Senior ConsultantSenior Consultant
Baker Richards Consulting
United Kingdom
Francesca Di Nuzzo is Senior Consultant at Baker Richards, who will contribute long-standing expertise in developing innovative research techniques to understand audience engagement to culture and learning and discuss how some of the organisations she has worked with have successfully implemented pricing tactics to achieve success.

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