Monday, May 1, 2017 May Already? Where does the time go?

Quotable 

Frye Festival a flop!

Differences....a chat 

If we can capture the young......we then have an audience for the future

                                                        

Word of the Day

Question of the day
SAT QOTD (Begin in 2012)

Kaplan's Version QOTD

Kaplan's SAT Question of the day

                                                            

SEMII

Greensboro Coliseum Rate Card

http://www.greensborocoliseum.com/assets/doc/GCC-Rental-Rates-Guidelines-2016-2778f08c29.pdf

Your concert/sporting event will have ~ 2200 (upwards of 3500) reserved seating with onsale.

You will utilize most options the Coliseum offers (see rate card)

Pay particular attention to the Facility Services and day of event staffing.

Addition F&B, tables, dining areas, etc.  charges will be provided throughout the lesson.

Please note, you haven’t paid for the talent costs yet.

====

Springsteen cancels GSO stop - 2016

Google search

https://drive.google.com/open?id=1bF_cQwrsF-JzeVdpHhrvQlLFsSJFuFrTPcJb9ZycZ4w

LAP - Tipping Point

http://www.wsfcs.k12.nc.us/cms/lib/NC01001395/Centricity/Domain/8718/LAP-PI-004-MN-S.pdf

Break Even Help

http://www.bizbound.com/breakeven.htm

Break Even Help #2

http://bizfinance.about.com/od/pricingyourproduct/a/Breakeven_Point.htm

Please recreate the Carowinds trip, noting break even points

https://www.carowinds.com/education-programs/marketing-day

For the info.

Bus cost per mile:$1.89 @ 7 miles to the gallon

Driver costs per hour: $15.00

Major Promotions Project - Q - Due May 5, 2017 beginning of class

3.03C PPT Pricing New Products [5-90]

Consider Other Pricing Strategies

http://csi.toolkit.tst.cch.com/text/P03_5200.asp

Slideshow -  Developing an effective pricing strategy for a troubled

economy

http://www.marketingdecisions.net/resources/PDFArticles/RecessionPricing10-09.pdf

Price Skimming

http://www.tutor2u.net/business/reference/price-skimming

Factors to consider when setting price

http://www.tutor2u.net/business/reference/pricing-factors-to-consider-when-setting-price

3.03D PPT Pricing Terms [5-92

Evaluating your product’s uniqueness

http://csi.toolkit.tst.cch.com/text/P03_5240.asp

Researching product price elasticity

http://csi.toolkit.tst.cch.com/text/P03_5230.asp

How to price an event

http://www.parexcellencemagazine.com/event-planning/how-to-price-a-ticket-to-your-event.html

                                                                                                                                                    

MARKETING

Don't forget about your LAPS

Should those that can afford to pay more supplement those that cannot?

Price Gouging

http://www.nbcnews.com/id/12498071/ns/politics-tom_curry/t/what-price-gouging-can-it-be-stopped/#.VvK5OOIrLIU

What is Price Fixing?

http://www.wisegeek.com/what-is-price-fixing.htm

Predatory Pricing

http://www.maxi-pedia.com/predatory+pricing

3.06 LAP Price is Right!  - Fri

Price is Right/Razzle Dazzle/Sell Away (15)
http://www.quia.com/quiz/5857060.html

Other Price is Right exercises

3.07 Vocab - Thursday

Scatter - 3.07

https://quizlet.com/116893172/scatter

Alpha - 3.07

https://quizlet.com/116893172/307-marketing-6621-flash-cards/alphabetical

Matching - 3.07

https://quizlet.com/116893172/test?matching=on&prompt-with=1&limit=15

Software to Help You Set Prices

http://www.inc.com/managing/articles/200702/setprices.html

Price of Happiness

http://www.ted.com/talks/benjamin_wallace_on_the_price_of_happiness#t-89244

Skip 1:03-1:40

Pricing is a Process

http://www.priceintelligently.com/blog/bid/153543/Pricing-is-a-Process-and-How-We-Validated-Our-Technology-By-Pricing-Gold

Pricing Violations - Whole Foods

http://money.cnn.com/2015/06/25/news/companies/whole-foods-overcharging/

Men v Women

https://www.washingtonpost.com/news/wonk/wp/2015/12/22/women-really-do-pay-more-for-razors-and-almost-everything-else/

Loss Leader

http://www.stevebizblog.com/pricing-strategies-loss-leader/

Bait and Switch

http://www.wisegeek.org/what-is-a-bait-and-switch.htm

What is Price Discrimination?

http://www.wisegeek.org/what-is-price-discrimination.htm

Pricing Decisions

http://www.knowthis.com/pricing-decisions

(Long but good - 5 slides)

Anti Dumping Laws

http://www.heritage.org/research/reports/1992/07/bg906nbsp-a-guide-to-antidumping-laws

Predatory Pricing

http://www.maxi-pedia.com/predatory+pricing

Price Fixing / Collusion

https://www.justice.gov/atr/price-fixing-bid-rigging-and-market-allocation-schemes

Given a list of 10 grocery items that can be found in grocery stores, convenience stores, warehouse clubs, etc., determine the price of each product at the locations specified by your teacher. Discuss reasons for the differences in prices at the various locations.

    Walmart.com

    Lowes Foods

    Harris Teeter

https://drive.google.com/open?id=14gb5-rb0ASk3aQZKOYsdL_5haoU0wFDjSRibFK3XK1g

Must “File” “Make a Copy” into your google drive….make sure you signed in!

Imagine that you are starting a business. Identify factors that would affect your business’s pricing decisions. Record these factors, and discuss them with a classmate.

Issues affecting price

http://www.businessplans.org/Pricing.html

Setting your Price - read the bolded words and understand a bit from them

http://www.extension.iastate.edu/agdm/wholefarm/html/c5-17.html

Amazing!!!

http://www.witiger.com/marketing/pricingobjectives.htm

Pricing Project

https://drive.google.com/open?id=1TibeqgE12AejMHp0xdcapoNLDFh--70w2_YczQOolzI

Coffee Shop

http://www.coolmath-games.com/0-coffee-shop

  
Future Project - Ted
How Stores track your shopping behavior
The Technology of Storytelling
Photographing the landscape of oil
Designing with Slogans
The official Ted Talks playlist