"Perhaps you can explain, how a race three years ago with chip timings and t-shirts and potaloos was viable, with a £40 entry and 9000 people."
was it viable?? do you have any information to say the organisers turned a profit or covered their costs??
if I recall from 3 years ago, they priced it "competitively" to get the race off the ground and to make it an alternative to VLM for those that didn't get ballot places. they also offered rebates to those who had entered Brighton but found they they had VLM ballot places and preferred to do that instead. as a marketing guy myself, that was a very canny piece of marketing - hook people in and give them options. remember - people are suckers for deals.
now, 3 years later, they no longer need to get the race off the ground - it has it's own momentum as an alternative to VLM. many would prefer to race Brighton than London - myself included.
so, in marketing terms, they have a business model that now works - they have a ready market wanting to enter the race so can price it accordingly. it's akin to Apple marketing - people want their products and are prepared to pay what Apple charge even though there are lower cost alternatives "just as good" (although Apple geeks would argue different there!).
and they're still keen to hook people to enter - hence lower costs if you pre-registered at their Expo; "early day" lower entry fee of £45; and both have worked if you see how many did enter early. now it's £55 for those who have come later - but many people will pay.
all the rest of their costs are peripheral and optional - spectator areas, merchandise etc - so if people want to pay for those they can do so.
and all that irrespective of increasing costs to put events on which puts prices up
the Brighton organisers aren't daft - they have a business model which will attract up to 20000 entries - good luck to them.
as I said before, it's up to each individual whether to hand over their cash or not. sure, £55 is pricey but compared to other events I take part in (triathlon) where entry fees can cost $1000 (Ironman New York), then £55 is a relative bargain
so I, and Petal (my other half), are in