3,000 Exhibitor CeBIT 2018 Rolls Out “New Ticket Set-Up”

May 09

3,000 Exhibitor CeBIT 2018 Rolls Out “New Ticket Set-Up”

One of the things that caught our attention about the visitor marketing for CeBIT, which is expected to draw some 200,000 attendees to the Hannover fairgrounds next month, is their new ticket pricing strategy.

The organizer of the giant tech trade show is running a four phase, time-centric variable pricing program, with an 8x delta between the lowest and highest prices, for tickets to this year’s show.  Phase 1, called “Discover Ticket”, is 25 euro. Phase 2, called “Pioneer Ticket”, is 50 euro.  Phase 3, called Impulse Ticket, is 100 euro. Phase 4, called “Just In Time Ticket”, is 200 euro.

The variable pricing runway is very long –– presales started in June 2017 one year before this year’s upcoming show and ticket prices are increasing according to a “time-graduated scale” as the organizer put it in their press release.

The time windows for each of the phases are as follows… Phase 1 ran from June through August 15, 2017.  Phase 2 ran until October 31, 2017.  Phase 3, which we are currently in, runs until May 27, 2018.  Phase 4 runs from May 28 until registration closes.

The variable pricing has been heavily promoted via multiple channels, especially email.  For example, the very aggressively priced phase 1 offer was promoted in five separate emails, and at the subject line level in the fifth email.

The offer was also supported with strong messaging that emphasized the savings and time sensitivity, including multiple urgency-driven copy points designed to motivate action i.e. “This round of tickets is almost sold out.”

Variable pricing can certainly help you capitalize on elastic demand curves where a change in price affects ticket purchases but make sure you realize full value from this tactic by leveraging all execution factors: pricing, time windows, promotion, etc.

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