Pricing Strategy

Help Orpheus Chamber Singers create a well-designed pricing structure that accounts for key variables in their target market and product/service offering.
Orpheus Chamber Singers
Dallas, TX, USA
Unfollow
Log in to follow
Orpheus Chamber Singers
Dallas, TX, USA

0

Live Projects

5

Matched Projects
3 Followers

Posted April 13th

Share this project:

Project details

What we need
  • Analysis of Organization’s target audience, competition, costs and products/services
  • Recommendations for pricing for existing products/services
  • Assessment of whether any products/services should be discontinued or offered at differential price points based on constituents’ needs
Additional details

The Orpheus Chamber Singers need to revisit our ticketing structure as we return to live performances after the pandemic.

What we have in place
  • Orpheus has a CRM and ticketing data going back many years.
How this will help
This project will save us $6,868 , allowing us to continue our reputation as the gold standard of choral music in Dallas.

The Orpheus Chamber Singers' Founding Artistic Director is retiring at the end of this season. A new Artistic Director brings new ideas, and we want to revisit all of our old systems to make sure they are the best they can be.

Project plan

P
Prep: Current Materials
  • Volunteer Manager provides overview of current pricing and products/services and business practices
1
Milestone 1: Research & Analysis
  • Professional connects with Volunteer Manager for a brainstorming/overview session
  • Professional analyzes current pricing strategies
  • Professional gathers information about the Organization’s products and services and the use of the Organization’s resources in providing those products and services
  • Professional researches and analyzes similar products and services on the market
2
Milestone 2: Recommendations
  • Professional proposes pricing for products/services based on research of demand, audience, costs, competition, etc.
  • Professional assesses any changes needed such as phasing out certain products/services, differential or tiered pricing, etc.
  • Organization provides feedback to Professional's proposals
3
Milestone 3: Delivery of Pricing Strategy
  • Professional delivers a Pricing Strategy outlining the new pricing recommendations
  • Professional provides suggestions for how to roll out the new plan
Show more

About the org

Orpheus Chamber Singers
Unfollow
Posted by
Ruth R.

Executive Director

Our mission

The Orpheus Chamber Singers, Inc. assembles the finest professional adult mixed choir from singers across North Texas to enrich others through live performances and recordings of the choral canon from the Renaissance through today and to serve our community through charitable outreach and educational activities.

Testimonials

I had a great experience working with Robert on a Pricing Strategy project. Our organization (a professional choir) needed to assess our concert ticket prices as we prepare to return to live concerts post-pandemic. Robert took time to truly understand our industry, our financial goals, and our concerns about providing our audiences with the best possible experience. I learned a ton about new ways to think about the value of our tickets, and he even left me with valuable spreadsheets to organize our data for years to come. Five stars!
Ruth R.
Ruth R.

Executive Director

Pricing Strategy Project

Ruth was passionate about leading her organization and implementing a new pricing structure post-Covid. She was great to work with, keenly curious to learn all she could about pricing, and strategically minded in evaluating the various options we worked on. Most importantly, Ruth is a mission-driven non-profit leader who gives meaning to those words ... focused on Orpheus' musicians, their impact, and serving the cause of making great music available to as many people as possible. We enjoyed discussing anything from pricing segmentations to impact models with sensitivity tables ... I look forward to remaining a friend of the organization and helping Ruth, her board, and her team continue to serve their community!
Robert R.
Robert R.

Volunteer

The pixel