Welcome to my major pre-LIFT headache: setting the final price for Going Solo.
Let me start by saying this: whatever price you choose for an event (or a product, or a service), it will always seem way too expensive to some, just right to others, and too cheap to a lucky bunch. So, there is no way to please everybody.
As I mentioned in my last post, Peter Hogenkamp was of great help here, by pointing out that there are different types of events. Different events also cater to different audiences, and that’s also to be taken into account.
- Free or almost free: this is why we like BarCamp and other unconferences. There is little or no barrier to entry (if there is a fee, it’s there to cover small costs such as lunch, etc.), no commercial interest, and lots of interesting people. Price tag is 0 to a few tens of €.
- Affordable: these events can be commercial or not, but what they have in common is that they aim to be “affordable”. Think LIFT or reboot. Not necessarily cheap, and in some cases, expensive — but “affordable”. As in “I can afford to go”. Now of course, not everybody will be able to afford such events. Price tag is in the few hundreds of €.
- Expensive: these events are commercial, and usually target a more corporate audience. In many cases, one expects that employers are going to be paying for these, rather than individuals. Price tags are around 1000€ or more (TED is $
5000 6000, I’m told).
So, Going Solo does not aim to be cheap. However, it would like to be affordable. People might go “ew, that’s expensive!” — but then look at the programme, think a bit, and decide that it’s worth the investment.
And trust me, if you’re a freelancer, it’ll be worth it. The stuff you’re going to hear about at Going Solo is going to help you run your business better, and be more successful doing the work you love. More cash or more free time, it’s your choice — how much is that worth for you?
I know there are varieties of “training” offered to professionals — learn how to network, learn how to pitch, learn how to sell yourself: how much would those be worth to you?
I’m aware freelancers are not usually rolling in money (being one), and that many of you will have to add to the price of the conference the flight or train ride to Geneva/Lausanne, and maybe a hotel. That unfortunately didn’t help my headache go away.
The way I set the price for Going Solo is by looking at my budget (yes! I actually have one!): if I count conference expenses, not including salaries for those working on the event, an attendee costs a little less than 300 CHF. Even those, like staff members, speakers, or partners, who will not be paying anything. They still cost that much.
Salaries? As I mentioned when I announced I was getting into the event business, the whole idea is that organising events like Going Solo will be worth my time, financially. I’m putting four months (and that’s rather short notice compared to other events) of hard work into this, and so are other people. So, salaries. “Profitable” comes after that — when the expenses and salaries are paid, is there anything left to reinvest into the next event?
So, enough talking, let’s get to the meat. Here’s the pricing (currency converter if you need it):
- Regular ticket: 600 CHF (approx. 375€, £275, US$545)
- Early bird: 400 CHF (approx. 250€, £190, US$365) — until Mar. 16th
- Earlier bird: 300 CHF (approx. 190€, £140, US$270) — until Feb. 17th
A few comments:
- Find the regular ticket a tad expensive for your budget? Be sure to not miss the Earlier and Early Bird prices. (You only have this first week after registration opens for the Earlier Bird price.)
- Register this week and you actually get your ticket half-price!
- We’re charging in CHF, as most of the spendings for the event will be in CHF. It also saves me sleepless nights worrying about market fluctuations.
- I initially wanted to give a discount to members of the LIFT community during the first week, but decided not to discriminate like that and to give it to everybody. Hence the “Earlier Bird” pricing of 300 CHF for everybody this week.
- Organising an event like Going Solo requires cash. That cash comes (initially) mainly from registrations. This is why you get a very interesting discount if you sign up early — the pricing is designed to encourage early registrations. So… in case this wasn’t clear: register early!
- PayPal takes a significant cut of the registration fee, so if you choose to pay by credit card through PayPal an “online surcharge” of 20CHF will be added. You can pay by banking transfer for no extra fee, but that will depend on how much your bank charges you for these transactions (mine doesn’t charge me anything). I’m not very happy to do things like this, but it’s preferable to raising the price of all the tickets to cover the handling costs.
So, here we go. Next step is opening registration (in a few hours!)