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Friday, April 03, 2009

What should the entry fee be for the bed race?

We had a meeting for the Great Coconut Grove Bed Race yesterday. Everything is on track for Labor Day Weekend in September. The night before (Sat. Sept. 5) their will be a pajama bar crawl and waiter's race and the next day will be the Bed Race (Sunday, Sept. 6).

I am in charge of the rules and some have suggested that there be an entry fee for each bed. The committee suggested I bring it to you. What do you think?

What would be a fair, but serious entry fee for each bed? The committee consensus is $100.00, some say $50.00. There will be five people per bed -- four pushing and one on the bed. So the cost would be divided by five if people had planned to split the cost among the team.

The grand prize may be a cruise, so keep that in mind.

What do you think? The whole event is free, the only entry fee would be for the teams racing beds. Once we firm up the rules and entry fee, we'll start taking applications.

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12 Comments:

Anonymous Ashley said...

No more than $5-10 per person (so $25-50 a team).

April 03, 2009 10:24 AM  
Anonymous Anonymous said...

50.00 : 10.00 pp

April 03, 2009 11:07 AM  
Anonymous that guy said...

What is the revenue from the entry fee needed for? I think you have to look at this from a practical perspective. If the fee is just to have a fee, and make planning easier, ie. people will more likely follow through if they've paid a fee, so it's really nominal, then $25 per is plenty. If you have specific costs to cover, then that information will dictate to a reasonable extent.

Certainly the event will cost more than can be generated through these fees, so I'm curious as to the reasoning behind the fees.

April 03, 2009 12:13 PM  
Blogger Pogonip said...

First you need to decide why it is you need fees. Is it to limit entries? To eliminate cheap entrants? Because your event is underfunded and you need the money?

Once you know why you need fees, it will be easier to decide on an amount.

April 03, 2009 12:15 PM  
Blogger Tom Falco said...

Well minimum for the event is $35,000 just to run it on one street, that is street closings, city fees, advertising, etc.

Then there are prizes and the more we raise, the more streets we can close. We would love to make the race the whole King Mango Strut route and not just Commodore Plaza.

I am against the fee, the committee wants a fee to give the bed race "worth" to the racers and to only have serious people show up. I think the strict rules will be enough to keep serious people entering, we aren't going to let just any piece of crap enter the race. Guidelines must be followed.

April 03, 2009 12:18 PM  
Anonymous Anonymous said...

So where is the $35,000.00 minimum coming from?

April 03, 2009 12:30 PM  
Blogger Tom Falco said...

Guys, I am not going to have a conversation here about funding. If you have an opinion for the bed fee let me know so I can bring it to the next meeting. Thanks.

Funding comes from where it comes for every event in the Grove. We raise it through hard work, the BID pitches in, sponsors are enlisted, businesses donate, etc. etc.

April 03, 2009 12:34 PM  
Anonymous Anonymous said...

If you are not going to have the conversation here, please advise where can we obtain more information. (and I dont mean that rudely) These questions are relevant to the amount to charge for entry fees. You asked for help, we need information in order to provide with relevant feedback, rather than just picking numbers out of a hat.

April 03, 2009 1:51 PM  
Blogger Unknown said...

Unless the entry fee is intended to be part of a winning prize, it would be absolutely absurd to charge an entry fee! It would only serve to reduce the number of entrants.

We should be trying to encourage, not discourage, more entrants. More entrants = a bigger event = more spectators = more grove exposure and more grove business. The $35,000 is an investment to bring additional revenues to the merchants.

Only in the grove would it be possible to something so ass backwards. What a shame.

April 04, 2009 11:01 AM  
Anonymous Anonymous said...

Hi Grape:

I don't think it would cost $35k...at least for the city stuff. I worked out the Strut Logistics for 2008 and can talk to you about where costs originate. Call me if you want. I think you can get my number easily enough.

Len Scinto

April 06, 2009 10:12 AM  
Blogger Tom Falco said...

The BID or Felice came up with the figure. I didn't.

April 06, 2009 10:13 AM  
Anonymous AnnaMaria Windisch-Hunt said...

Len I'm the other have of the rules committee if you would like to share this information I'm at the Windisch-Hunt fine gallery daily except on
Mondays. If you don't have time send over a hard copy. Did he forget the royal "We" when he put in I ? :)

April 06, 2009 12:12 PM  

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