Individual Writing Assignment Essay

As requested, I have assessed the merits of the option presented at the meeting, and I have arrest up with the best recommendation to deal with the current issues. Despite the challenging idea presented at the meeting, I feel it is not the best termination available for our current situation. In order to bring in more(prenominal) revenue for our amusement parks, I have concluded that we need to extend our shred price on holidays and increase the varieties of the types of tickets that we offer. When analyzing our best solution, certain criteria mandatory to be met in order to establish a valid decision, includinga) profit yells per guestb) Increase sightly expenditure per visitc) Attract spick-and-span customersA) Different Tickets Ensure More Visits per CustomerWhen we start to offer incompatible types of tickets such as seasonal worker pass and yearly pass, average visits per customer would naturally increase due to the fact that we be offering these tickets. As a resu lt, the sale of those tickets will generate enormous profit for us because of the average price of those tickets. Moreover, customers will happily and gladly purchase those tickets because seasonal and yearly passes are always a good deal. The guest waggle idea presented at the meeting does not address this decision touchstone and this criterion is crucial for generating more revenue for amusement parks. Thus, by increase the types of tickets we offer, we can generate significantly more revenue for Exquisite Entertainment.B) higher(prenominal) 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 substantially mainly due to the ticket price. People go to amusement parks mostly on weekends and holidays. As a result, on those occasions the demand is extremely high. And according to the fair play of supply and demand, when demand is high, price sh ould increase as well. Therefore, it is a equal strategy to increase the ticket price on holidays to increase average spending per visit while without having to introduce special guest handbill to separate customers into different tiers and levels that may ruin the whole customer experience.C) Attracting pertly Customers Without Losing Companys IdentityWith the introduction of different varieties of ticket types, we are able to create a unique benefit to potential customers. refreshed customers will be attracted greatly to our amusement parks because they can directly enjoy our amusement parks several times at a discount price. Additionally, every type of customer will be satisfy 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 narrow group, there will be more profits generated because we can attract more potential custo mers from respective(a) groups. And it fits our companys history and culture perfectly as well. on the whole of these factors make my recommendation a logical solution to Exquisite Entertainment, as it will not only increase average spending per visit with higher ticket price on holidays, but it will withal attract new customers and increase visits per customer with different types of tickets. Ultimately, all factors sensation to higher profits for our amusement parks.