I think getting a few more butts in the seats at a lower ticket price/discount/bogo with concessions jumping the revenue is ideal for this institution, considering our lack of a large alumni base. The University should make at least as much with the added concessions, and very likely more. The crowds will help to improve our recruiting if maintained. And hopefully it will help to build the fan base such that 4 or 5 years down the line we can start cutting them out slowly without hurting our crowd size. I hope they don't just do one or two promotions. Consistent promotions like this are a good thing for us.
Just remember that Sodexo is getting 75+% of the money from concessions and lower ticket prices lowers the value in casual consumers' minds.
As bad of a job as Sodexo does on concessions, I don't know why TU doesn't try to do it themselves. I'm sure there are good reasons, but I question handing them 75%+
Because if TU did it themselves, they'd have to coordinate bringing in all the food for the cafeteria, they'd have to hire all of the workers in the student union, they'd have to do the deals with all of the restaurants in the student union. It's why companies use other businesses for any goods and services. It costs less and is easier.
Thanks, I figured that was the case, it just seemed like they could do it for less than 75%+. Probably not though.
This is true, but, Sodexo contracts with community non-profit organizations to man the events and provides them with a percentage of the proceeds for their service.
I forgot about them using volunteers. So you are saying they contribute to the volunteer organization not just sodexo? That's a lot of money going to the 'volunteer' organization. What is that organization called?
Not sure on the percentages, but Sodexo takes in all funds and then pays the volunteers and unuversity.
