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My understanding was the general price for one hour private tuition was about £25 and I would expect to pay that at any gym if I so wanted that tuition. I am surprised if there are some doing it for a tenner?
Class prices I would wager will hover around the £4 per person mark, maybe a bit more for approx an hour, which adds up if someone is attending 3-4 times per week.
Like the Coronation Street example.
At Master Skens there were a few ringside seats empty so it wouldnt be as if you are having to sacrficice a paying punter if the seats are empty anyway.
I do, however, think you will drive yourself mad if you let the comparitive boxing ticket price get to you. I completely agree, as I have mentioned a few posts up, but the reality is boxing has the following and the publicity, which means promoters can charge a bit more up to a certain level, because they know tickets will be sold.
If we tried doing that in MT, as it stands now, then the tickets would be left on the shelf, as Andy pointed out.
You have to be realistic in finding the equilibrium between pricing and maximum demand because once you start on the downward slope of demand then the case will be if the ticket prices had been a bit lower, more would have been sold and you would have ended up with more profit than when the ticket prices were raised!
If only Ken Bates at Leeds would realise that! :)