group income

Getting your prices right: what to think about and why

Putting a price on a loaf of bread, a new pair of shoes, or train ticket is something that everyone is used to doing. We expect prices to be associated with these things; we can compare one loaf of bread to another, understand the value of a pair of trainers compared to a pair of flip-flops, or take a train at a different time. Pricing of less material things, like the experience of being in or going to see a music group, can be trickier to navigate.

Increasing your income: Overview

We know one of the biggest worries our members have is the long-term financial health of their group. Even groups who make a surplus each year can have that nagging thought: 'what happens if something goes wrong next year?' More money would mean less worry and more stability, and perhaps more importantly it would mean more opportunities to try new things and ways of enjoying making music.

Increasing your income, part 5: Donations, fundraising events and sponsored challenges

This resource is part of our ‘Increasing your income’ guidance, which looks at ways to find and grow sustainable and diverse income for your group. It will focus on donations, fundraising events and sponsored challenges, not forgetting Gift Aid for all of these options.

Increasing your income, part 4: Friends Schemes

This resource is part of our ‘Increasing your income’ guidance, which looks at ways to find and grow sustainable and diverse income for your group. It will focus on how a Friends scheme can boost audience engagement and help put your group on a secure, long term financial footing.

Increasing your income, part 3: Sponsorship

This resource is part of our ‘Increasing your income’ guidance, which looks at ways to find and grow sustainable and diverse income for your group. It will focus on how to build successful corporate sponsorships to help put your group on a secure, long term financial footing.

Increasing your income, part 2: Ticket sales and events income

This resource is part of our ‘Increasing your income’ guidance, which looks at ways to find and grow sustainable and diverse income for your group. It will focus on how to make the most of your event and ticket sales income to help put your group on a secure, long term financial footing.

This resource is broken down into two main sections:

Increasing your income, part 1: Membership subscriptions

This resource is part of our ‘Increasing your income’ guidance, which looks at ways to find and grow sustainable and diverse income for your group. It will focus on how to make the most of your membership subscriptions to help put your group on a secure, long term financial footing.