“I’m too busy to implement a complex new pricing tool”
With modern software and data analytics tools, dynamic pricing is accessible to any team, however busy, thanks to automation. DynamO developed a very straightforward and easy-to-use interface and provides free support and assistance. Setting up the dynamic pricing parameters for a typical theatre performance (3-5 different ticket categories) takes 2-5 minutes for our clients. Even very small theatres and music groups with only 1 person managing ticketing are achieving great results using DynamO.
“We have lots of one-night shows and we don’t have autonomy on price-setting (we have to set prices in line with promoters / producers), so dynamic pricing can’t work for us”
Dynamic pricing can be applied to a wide range of events, including one-time performances, festivals, sports events, and more. Predicting the success of a one-time event can be very tricky as success depends on multiple variables: big names, promotion partners etc. However, dynamic pricing actually helps to mitigate the risk associated with one-off shows or short runs. Over time it becomes a highly effective tool to support performance lifecycle evaluation and decision-making.
When first implementing dynamic pricing you can talk to your partners about whether they want to do it or not, and if not you don’t have to dynamically price their shows. Once you have dynamically priced a few shows you can show them the data to evidence the potential ROI they are missing out on and they will likely choose to participate, as we’ve seen with numerous clients in this position.
“If the prices are always changing how can I forecast accurately?”
Forecasting is always an educated guess about the future. With dynamic pricing, forecasting is actually more reliable than with fixed / static pricing, because it reacts to market fluctuations and generates additional yield on popular shows while boosting audiences at less popular performances / events. Ticketing managers can predict based on their past experience as they usually would. The only change they need to make is that they should expect better results both in revenue and tickets sold than ever before. A typical DynamO client generates 14-17% average revenue growth while reducing unsold inventory by over 20%.
“We often have to paper / discount heavily at the last minute to fill a show, dynamic pricing will only exacerbate this late booking behavior - we want to encourage early bookers!”
Dynamic pricing can help encourage early booking and aid in avoiding last minute discounts to fill an event. In many cases prices increase as the event date approaches and availability decreases. There are many logics that can be applied in dynamic pricing and it’s never guaranteed that tickets will be cheapest at the beginning of the sales period, or at the end of it, or anytime in between! While it can provide a kind of gamification opportunity to ticket buyers, there is not a simple and consistent rule that they can follow. With dynamic pricing they can’t just wait and be guaranteed a cheap ticket.
“As a not-for-profit organization, I don’t think it’s a good fit - dynamic pricing is designed for profit-making companies.”
All kinds of cultural institutions can benefit from dynamic pricing. Optimizing ticket sales allows you to break down cost barriers across your programming and reach a wider audience, while ensuring financial sustainability. Dynamic pricing strengthens any mission-focused organization’s pricing strategy. It can result in wider availability of cheaper tickets and longer periods of availability for high-demand performances. Organizations such as the Hungarian State Opera, Operetta Theatre, and Palace of Arts have demonstrated how beneficial this approach can be. With the additional revenue generated, these institutions can further improve service quality and invest more in their artists, creating a positive social impact.
“Ticket buyers don’t want another layer confusing them - it’ll stop them from completing their purchase”
DynamO is proud to partner with TRG Arts to help cultural organisations build stronger, more sustainable futures. While DynamO provides the tools for agile, real-time pricing decisions, TRG Arts brings decades of expertise in strategy and demand management. Together, we combine long-term structure with day-to-day responsiveness, ensuring every performance works harder for both mission and revenue.
In this post, Peter Ling - Communications Executive at TRG Arts - shares practical insights into how demand management works, and how it can transform audience behaviour, ticket yield and organisational resilience.
At, we believe that an organisation’s mission and revenue are inseparable: growing one strengthens the other. To achieve that, you need more than hope that audiences will turn up. You need to actively manage and build demand.
That means using data to decide in advance how many seats to make available at each price, when to release them, and how to signal value so people feel urgency to book early. It’s about managing perception as much as product, and every campaign is a catalyst for behaviour change; when audiences believe something is in demand, they behave differently. By effectively managing this demand, our clients strengthen their earned income and attendance.
What is demand?
In TRG Arts’ work, demand is the level of audience interest in a specific performance, series, or event; and the opportunity to shape that interest. Through data, it’s seen in how quickly tickets sell, which seats go first, and how much audiences are willing to pay. But demand isn’t fixed. With the right strategy, you can influence when people buy, how much they spend, and how full it feels when sat in their seats.
Why is demand important?
Demand sits at the heart of your organisation’s success. High demand can optimise ticket yield (your average ticket price) and help you make the most of limited seating capacity. Managing demand effectively allows you to:
When your mission and revenue work together, every ticket sale fuels both your artistic and community goals.
How does ‘demand management’ work?
Demand management is the process of strategically shaping audience behaviour before and during a sales cycle.
At TRG Arts, this means using data for:
Done well, demand management gives you a strong foundation. DynamO adds valuable real-time responsiveness through its tools, allowing you to fine-tune prices as audience behaviour unfolds; combining long-term planning with in-the-moment action.
We’re thrilled to announce a milestone collaboration between DynamO and The Mousetrap - a genre-defining, historic institution and our first-ever West End client.
The partnership marks a significant step in our mission to bring cutting edge pricing technologies to the UK theatre industry, empowering iconic venues to increase revenue and attendance through dynamic pricing.
A new era for the world’s longest running play
The Mousetrap has been captivating West End audiences since 1952. Now, they’re embarking on a new pricing strategy, harnessing DynamO’s world-class pricing software to optimise ticket sales.
Seamless Spektrix integration
We’ve integrated Dynamo with The Mousetrap’s ticketing system, Spektrix, enabling automated dynamic pricing across their various performances, price bands and ticket types. With a sliding scale from full automation through to manual pricing approval, DynamO’s dashboard offers The Mousetrap’s box office team the opportunity to refine allocation of internal resources - all while boosting revenue.
Proactive price management
Our pricing configuration and real-time reports enable The Mousetrap to respond both quickly and strategically to audience behaviour and booking patterns, without compromising website user experience.
Audience-centred innovation
DynamO’s software has been fine-tuned to support The Mousetrap’s preexisting concession policies and loyalty programmes, such as group booking discounts - with lower and upper price limits maintaining fair and predictable pricing.
Interested in exploring dynamic pricing?
If you’re interested in finding out how a partnership with DynamO could help your organisation increase revenue and fill empty seats, get in touch using our contact form or email info@dynamopricing.com. We’d love to hear from you.
We’re pleased to announce a new partnership between Watermill Theatre and DynamO Pricing. Based in Bagnor, Watermill is a regional producing theatre with a strong track record of attracting a wide audience.
The Watermill team - led by Marketing Director Emma Bright - is excited to harness DynamO’s cutting-edge pricing technology to build on this success, and continue to maximise revenue and attendance.
Increased efficiency and impact
After experimenting with manual dynamic pricing and making frequent updates to ticket prices, the Watermill team were ready to explore an automated solution to streamline internal processes, free up marketing team resources and drive an uplift in revenue.
Improved reporting
Through our conversations with Watermill and the specific requests they had for data they’d like to see in their monthly reports, we were able to update our standard reporting and roll this out across all of our clients. We’re thrilled to be able to respond to client demand and continually improve our offering.
Great shows that audiences love
Watermill Theatre are vocal about prioritising audiences when it comes to programming and their approach to accessibility. They offer a wide range of concessions, relaxed and BSL-integrated performances, along with discounted tickets for young people and schools. DynamO’s technology supports this work by enabling responsive yet responsible pricing that protects inclusivity schemes and encourages transparency.
Ready to explore dynamic pricing?
If you’re interested in learning how a partnership with DynamO Pricing could help your organisation increase revenue while remaining audience-focused and inclusive, reach out via our contact form or email info@dynamopricing.com. We’d love to hear from you.