Ok, let’s see, …..where were we? ….poker…matchsticks…20 pounds of quarters….profit/patron, cost/patron and patron/vendor ratios…big pies…..and little pieces. Remember? If not, you can refresh your memory by reading ‘playing by the numbers, part 1’
It’s a funny thing about numbers. When you ask someone the time of day, a baseball score, or the age of their children, the answers are straight forward….no qualifiers, no agenda, and no spin. “Two forty five”, Eight to Five, Cubs”, and “Little Jimmy is seven”. However, ask the same person “How much money did you make this week?” and a new dynamic kicks in and your question will be answered with a shocked look, another question “What?” or a declarative statement “That’s none of your @$##$ business!” My own answer to this question has always been “Not enough”, but I digress….
People and business concerns are guarded with their numbers not because of the numbers themselves. There are two basic reasons that we guard our actual numbers. The first is fear. If we are ‘successful’ we don’t want others to know of the level of our success for fear of inducing competition. If our day or year has been less than stellar we don’t want others to know for fear of being judged as incompetent or ‘unsuccessful’.
The second reason is…..it’s none of your @$##$ business! And yet, in all my years as an entertainer, craftsperson, and crafts coordinator, I have participated in the daily dance of trying to find out how others were doing numerically as they tried to find out the same from me.
Because we are all aware of the sanctity of our numbers we couch our inquiries into others’ numbers in non-specifics. Instead of “how much did you make?” we ask “How was your day?” The answers (both gotten and given) can range from “Grim” to “Great!” but usually are given in relative terms as well “Half of what we did yesterday” or “Not as well as we should have for the number of people”. Which is fine because, truth be known, it isn’t the actual number that is important, it is the relationship of that number to past numbers.
Was today up or down relative to last week? Was this year up or down from last year? Without these numbers I couldn’t effectively do my job as a crafts coordinator. How can a festival know how many potters is too many potters? You can’t ask the potters. As far as they’re concerned there are already too many potters unless, of course, they are the only potter, in which case the festival has the perfect number of potters.
Without these relative numbers, I, as a craftsperson, would have nothing outside of my own previous numbers by which to judge my current performance. Do I need to change my display? Develop a new product line? Change my prices? Have they juried in too many shops in my medium? It’s all guess work without having an idea if my fiscal variance is at odds with what others at the show are experiencing. Therefore on any given day you will hear amongst crafters, entertainers and management the veiled repartee of fiscal exploration “How was your day?” in an attempt to figure out if their own day was on track.
The fact that no numbers are discussed is, in most cases fine. It really isn’t any of my business how many turkey legs a festival sells. If they are kind enough to give me a relational statement great, if not no harm done, because, again, it’s none of my @#$# business. This holds true with all of the numbers a festival has save one….the actual gate count.
It is my business to know the accurate gate count of a festival if I’m going to invest in a booth on their grounds. It is also my business as a vendor of crafts or food to know how many people came through the gate on any given day, week, or year. A vendor cannot run their business efficiently without actual gate numbers. The more accurate the numbers supplied, the better they can carry on business, the more successful they will be, and the more they will invest in their booth and their business at that festival.
The need for past gate counts is especially true for food vendors and live flower businesses, who deal in perishable products. With past gate counts, a weather forecast, and current gate counts for preceding weeks, it becomes easier to place your order for the upcoming weekend, with less of a chance for having to throw part of your profits in the garbage on Sunday night. Imagine, if you are a potter, that at the end of the weekend you had to throw away all the pots that you didn’t sell……welcome to the world of food.
However, even though a craftsperson doesn’t have to throw away product, without an idea of the gate, there is no reference point to determine how well they are doing with price points, display, and the overall demand curve for their product, nor the necessary data for an accurate supply curve for that festival. In addition, not only do vendors pay a fee (or in some cases several fees) to be at a show, but they also invest a large chunk of their capital in the show once they’ve decided to do it. To ask a vendor to do this without supplying them with data that would improve their business (and therefore increase their investment) is contrary not only to their best interest, but also to the festivals best interest.
So, assuming that festivals want the best for their vendors so they will further invest and expand, how can you as a current vendor or potential investor get these numbers? The first step would be to ask them. But be forewarned that there is a good chance that they won’t give them to you, or, worse, will give you the attendance numbers. “But why would they do that? And what’s the difference between the gate and the attendance?” That will have to wait until next time, even though that’s what I said last time.
Let me know, via a comment below, your thoughts or own experiences with gathering or sharing your numbers…..or anything else that might generate more comments! (Yes….I’m fishing for more comments.)
Next time—How to guesstimate what the actual gate count is so you can find the patron/vendor ratio….
I meant to do it this time, but it was too wordy.…