Tuesday, March 5, 2019
Individual Writing Assignment Essay
As requested, I  adjudge assessed the merits of the option presented at the meeting, and I have come up with the best recommendation to  roll in the hay with the current issues. Despite the intriguing idea presented at the meeting, I  shade it is  non the best solution available for our current situation. In  install to bring in to a greater extent  tax revenue for our  cheer  place, I have concluded that we need to  summation our ticket  price on holidays and  join on the varieties of the types of tickets that we offer. When analyzing our best solution, certain criteria needed to be met in order to  progress to a valid decision, includinga) Increase visits per clientb) Increase average  outgo per visitc) Attract new  customersA) Different Tickets Ensure More Visits per  nodeWhen we start to offer different types of tickets such as seasonal  moot and yearly pass, average visits per customer would naturally  add due to the  particular that we are offering these tickets. As a result, t   he sale of those tickets will  come back enormous profit for us because of the average price of those tickets. Moreover, customers will  mirthfully and gladly purchase those tickets because seasonal and yearly passes are always a good deal. The guest card idea presented at the meeting does not address this decision criterion and this criterion is crucial for generating more revenue for amusement parks. Thus, by increasing the types of tickets we offer, we can generate significantly more revenue for Exquisite Entertainment.B) Higher Ticket Price Increase  customer SpendingWith the  increase in ticket price on holidays and the increase in the types of tickets that we offer, customers average spending per visit will increase  intimately mainly due to the ticket price. People go to amusement parks mostly on weekends and holidays. As a result, on those occasions the  penury is extremely high. And according to the law of supply and demand, when demand is high, price should increase as wel   l. Therefore, it is a suitable strategy to increase the ticket price on holidays to increase average spending per visit while without having to  award special guest card to separate customers into different tiers and levelsthat may  break the whole customer experience.C) Attracting New Customers Without Losing Companys IdentityWith the  establishment of different varieties of ticket types, we are able to create a  comical benefit to potential customers. New customers will be  pulled greatly to our amusement parks because they can now enjoy our amusement parks  some(prenominal) times at a discount price. Additionally, every type of customer will be satisfied 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 focusing our customers down to a  pin down group, there will be more profits generated because we can attract more potential customers from various groups. And    it fits our companys history and  socialization perfectly as well.All of these factors make my recommendation a  dianoetic 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 lead to higher profits for our amusement parks.  
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