Revenue Pricing Specialist

Company: Live Nation Entertainment
Company: Live Nation Entertainment
Location: Toronto, ON
Commitment: Full time
Posted on: 2023-05-15 18:25
Job Summary:Who are we?Live Nation Entertainment is the world’s leading live entertainment company, comprised of global market leaders: Ticketmaster, Live Nation Concerts, and Live Nation Media & Sponsorship. Ticketmaster is the global leader in event ticketing with over 500 million tickets sold annually and more than 12,000 clients worldwide.  Live Nation Concerts is the largest provider of live entertainment in the world promoting more than 30,000 shows and 95+ festivals annually for nearly 4,000 artists in over 40 countries. These businesses allow Live Nation Media & Sponsorship to create strategic music marketing programs that connect over 900 brands with the 86 million fans that attend Live Nation Entertainment events each year. For additional information, visit www.livenationentertainment.com.Who are you?We are looking for a bright, savvy, passionate Revenue Pricing Specialist to join our team.The RoleLive Nation is seeking a self-motivated and collaborative Revenue Pricing Specialist to support the team’s effort on maximizing our revenues. This individual will assist in the execution, quality control, and reporting of ticket pricing for Live Nation Canada Concerts.Essential Duties & Responsibilities: Lead ticket pricing strategy of Platinum seat inventory for assigned shows, as well as maximize incremental revenue and drive sales volume by efficiently managing seat inventoryLead, quickly and efficiently,  fast-paced sales while overseeing, maintaining and adjusting in real time the availability and pricing of large volumes of seat inventory across multiple events in large venues in various jurisdictions, during concurrent high profile event pre-sales/on sales.Lead on the strategic management of inventory, as well as provide expert sales advice to external stakeholdersEvaluate new show offers for pricing details and communicate to all stakeholders in order to maximize incremental revenue and drive sales volume.Support pricing strategy of Platinum program and dynamic pricing, as requestedCollaborate with Ticketing Teams and Box Office Managers to ensure effective inventory control and process management throughout the sales cycleEnsure that all communication, both internal and external, is delivered in a timely, consistent, and professional mannerProvide detailed reporting on sales performance for individual shows and toursConduct consumer and purchase behavior analysisReview ticketing details and act as quality control, maintaining the highest standard.Collect and track dynamic pricing consent forms across tours and venues. Develop and maintain an accurate record of signed forms and venue exceptions.Assemble and maintain report trackers across 3rd party venues for individual shows and tours.Analyze historical data, secondary market sales and industry trends to develop competitive pricing strategy and provide insights on market dynamicsIdentify and develop new product opportunities and encourage continuous improvement of the existing product group(s) in terms of quality, performance, profitability, and pricing strategyProactively seek ways to improve team and business performance; and research and analyze new and innovative methodsDrive insightful and actionable business intelligence across the ticketing business, as well as other key revenue areasSkills & Qualities Desired:Strong background in mathematics, data analytics, reporting, and forecastingStrategic and critical thinker who is dynamic, forward-thinking, analytical, and well-organizedAbility to multi-task, proactively solve problems, and meet time-critical deadlinesSelf-starter who demonstrates the ability to work independently and adapt to changes in a rapidly evolving environmentFlexible and reliable team player both within the department and within the organization as a wholeExperience in music/concerts, sports and entertainment, preferredKnowledge of Ticketmaster products and client user interfaces, preferredExceptional written and verbal communication skillsStrong computer skills with demonstrated proficiency in Microsoft ExcelBachelor’s degree in Business Administration, Commerce or any other related field2-3 years of related experience in the ticketing, or related, industryWe thank all applicants for their interest, however, only those chosen for an interview will be contacted.Physical Requirements/Work Environment Sits for extended periods of time at a computer station or work desk; stands and walks throughout the day; occasionally move about inside the office to access file cabinets, office machinery, etc.; uses hands and fingers to operate computers and office equipment for up to 8 hours each day; lifts up to 10 pounds regularly; exposed to typical office environment conditions and noise levels.Employment Equity Live Nation Canada strongly supports equal employment opportunity for all applicants regardless of race, color, religion, sex, gender identity, pregnancy, national origin, ancestry, citizenship, age, marital status, physical disability, mental disability, medical condition, sexual orientation, genetic information, or any other characteristic protected by provincial and/or federal law. Accommodations for candidates with disabilities are available on request during all aspects of the recruitment and selection process. If accommodation is needed during the recruitment and selection process, please contact us and we will work with you to meet your accessibility needs.Hiring Practices The preceding job description has been designed to indicate the general nature and level of work performed by employees within this classification. It is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities, and qualifications required of employees assigned to this job.Live Nation Entertainment recruitment policies are designed to place the most highly qualified persons available in a timely and efficient manner. Live Nation Entertainment may pursue all avenues available, including promotion from within, employee referrals, outside advertising, employment agencies, Internet recruiting, job fairs, college recruiting and search firms.This job description is a summary of duties that are expected to be performed. Duties outlined on this job description may not be all-inclusive and can be modified at
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