Wednesday, July 17, 2019
Individual Writing Assignment Essay
As requested, I have assessed the merits of the option presented at the meet, and I have come up with the take up recommendation to deal with the current issues. despite the intriguing idea presented at the meeting, I feel it is not the best resolve available for our current situation. In severalise to bring in more tax taxation for our entertainment place, I have think that we need to profit our tag end hurt on holidays and improver the varieties of the characters of tickets that we offer. When analyzing our best solution, authentic criteria needed to be met in smart set to establish a valid decision, includinga) make up visits per clientb) Increase second-rate disbursal per visitc) Attract new customersA) diverse Tickets Ensure More Visits per CustomerWhen we arrive to offer distinct types of tickets such as seasonal pass and yearly pass, medium visits per customer would naturally increase due to the fact that we be offering these tickets. As a result, the sale of those tickets leave behind incur enormous profit for us because of the average harm of those tickets. Moreover, customers testament happily and gladly purchase those tickets because seasonal and yearly passes are always a good deal. The knob card idea presented at the meeting does not address this decision mensuration and this criterion is crucial for generating more receipts for amusement parks. Thus, by increasing the types of tickets we offer, we set up generate significantly more revenue for Exquisite Entertainment.B) Higher Ticket determine Increase Customer SpendingWith the increase in ticket price on holidays and the increase in the types of tickets that we offer, customers average expenditure per visit leave alone increase comfortably mainly due to the ticket price. plurality go to amusement parks loosely on weekends and holidays. As a result, on those occasions the demand is extremely high. And correspond to the law of supply and demand, when demand is high, price should increase as well. Therefore, it is a suitable strategy to increase the ticket price on holidays to increase average spend per visit while without having to introduce peculiar(prenominal) guest card to separate customers into different tiers and levelsthat may ruin the whole customer experience.C) Attracting New Customers Without Losing Companys identicalnessWith the introduction of different varieties of ticket types, we are able to create a unique(p) benefit to effectiveness customers. New customers will be attracted greatly to our amusement parks because they can now enjoy our amusement parks several times at a discount price. Additionally, every type of customer will be cheerful and attracted instead of just time-starved, high-income professionals and their families proposed at the meeting. Therefore, by introducing different ticket types and not rivet our customers down to a narrow group, in that respect will be more moolah generated because we ca n attract more potential customers from various groups. And it fits our companys chronicle and culture perfectly as well. all in all of these factors make my recommendation a licit solution to Exquisite Entertainment, as it will not only increase average spending per visit with higher ticket price on holidays, but it will also attract new customers and increase visits per customer with different types of tickets. Ultimately, all factors forgo to higher profits for our amusement parks.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.