Music Festival Ticket Prices

[soccerprodigy777]

Hey all,

Quick question: Is there a general formula or method to setting the price for tickets to a two-day music festival? And in establishing goals for ticket sales, if you were expecting x amount of people, at what tiers do you set goals for the amount of 1 day passes, 2 day passes, Backstage passes, etc,to be sold? Youd obviously want to sell more 2 day tickets as they bring in more money, but again, if you were expecting x amount of people, what percentage of tickets sold should be 1-day tickets, 2-day tickets, etc?

[soccerprodigy777]

Bump...any help??

[ukevents]

You could price at what other similar events price at as long as you are able to make a profit.