Andrew Swales
Well-Known Member
All zoos increase entrance prices all the time, as a result of natural inflation. In our case we have always done do after significant site development, purely so that front-line staff can succinctly defend any negative comments. In practice over 30 years there have always been very few. Only in one instance do I know of a drop-off in visitor numbers following what was in that case a very significant price rise. We are about to open our largest extension for some years in the next couple of weeks, and will add £1 to our entry prices, which have not gone up for nearly 3 years. So, we will see...Therefor I would suggest that cutting admission ticket prices would not result in an increase in visitation, indeed it might result in fewer visitors overall. Better pocket the additional money to try and cover some of the losses from the closure period.
But of course there is evidence that heavy discounting does increase footfall (and its attendant problems), as can be seen at Twycross which has become dependent on the huge volumes of visitors resulting from this.
Perceived value is certainly a factor and any product can be too cheap within its market. A few years ago our head keeper advertised a horse for sale at what she though was a sensible asking price. No enquiries resulted, so she waited for a couple of weeks and offered it again at double the price and was inundated with replies, and eventually a sale to a delighted buyer.