Re: [AGA SC] Motion Re AGA2K4 Contract

[Kathy Olson <kathy@thekrib.com>]

Hmm, so according to your spreadsheet at 100...we break even charging 39 
for banquet and $49 first 50 and then 59 thereafter.  Is that correct?

Why such a big jump in profit between 100 and 125 people??

K





                                        $49-$59--$35    $49-$59--$39
Projected net results @ 90 paid attendees        $(924)  $(644)
Projected net results @ 92 paid attendees        $(544)  $(256)
Projected net results @ 100 paid attendees       $995    $1,305 
Projected net results @ 125 paid attendees       $5,391          $5,779 
Projected net results @ 150 paid attendees       $7,335          $7,801 
Projected net results @ 175 paid attendees       $9,134          $9,678 
Projected net results @ 200 paid attendees       $10,477         $11,098 
Projected net results @ 225 paid attendees       $11,619         $12,318 
Projected net results @ 250 paid attendees       $12,962         $13,738 




On Tue, 9 Mar 2004, S. Hieber wrote:

> Absolutely. I did jsut that.
> 
> None of us are happy with the prices -- we didn't have any
> price info when we more or less focused on the host and if
> I had known I might urged for another venue despite GWPA's
> eagerness. 
> 
> While the Sheraton deal might be retrieved, that hotel and
> that deal still has its own drawbacks, including that, with
> less rooms in the hotel, we are more likely to be limited
> on the upside; the vendor area is separated from the
> convention activity area; each of us that's dealt with the
> Sheraton staff have been unimpressed with their ability to
> do things a hotel ought to be able to do -- conference
> calls, computer breakdowns, forgotten clauses in contracts;
> no one on site, apparently, that can make approve a deal.
> 
> We could try with the full price on the Banq, but I believe
> it will depress demand and you end up without a lot of
> savings and a lot less people at the Banq. I favor more
> people even with less savings -- hey, when I convert, I
> convert  ;-) .
> 
> The spreadsheet I sent last weekend factored in reduced
> demand for higher Banq costs; computed the estimated
> results for three Registration price schemes: $49 for the
> fisrt 50 and $59 thereafter; $45 for the first 50 and %45
> thereafter; and a flat $49.
> 
> For each price scheme I computed four Banq prices to the
> customers but always at $50 to AGA2K4:
> 
> $35; $40; $45; and $50.
> 
> Correcting the $40 Banq to $39, it looks like the attached
> sheet. The key results are highlighted in yellow. 
> I think folks are more likely to pay $60 for the Reg than
> more than $40 for the Banq even if the total works out
> about $100 either way. The proposed pricing works out to
> $98 except the first 50, which is $10 less. (The main
> reason for the early purchase discount rate is that speed
> at which the first 50 comes can be taken as a barometer of
> total demand.) But we saw last year that most folks are
> hesitant to register early. 
> 
> The hotel rooms will cost more but the total is the same as
> last year -- actually a buck less. The breakeven is still
> below 100 paid registrants.
> 
> Still to be worked out is how to lock up Ray's stuff and
> how to mitigate the parking charge (pool?) and a million
> other things, of course. Note that total attendance has a
> much bigger effect on results than whether what we charge
> for the Banq.
> 
> sh
> 
> --- Erik Olson <erik@thekrib.com> wrote:
> > 
> > Folks, I am not comfortable with the AGA "eating" the
> > extra $10, 
> > effectively reducing the registration to $40.  This is
> > adding an extra 
> > $1000 to the expenses.  Scott, in your last round of
> > spreadsheets did you 
> > calculate this out?  I thought we had only talked about
> > increasing the reg 
> > fees to balance the baqnq fees.
> >
> 
> =====
> S. Hieber
> 
> -  -   -   -   -   -   -   -
> Amano Returns
> to the AGA Annual Convention
> Nov 12, 13 & 14, 2004 -- Crystal City, Virginia
> 
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