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More Income--Raising ticket prices

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From: Mvp
This Post:
00
132772.1
Date: 2/26/2010 4:30:22 PM
Overall Posts Rated:
2828
Well it is close to evidence that I am going to have atleast 2-3 Home games in the playoffs, would it be bright and bring in my income, if i raised some of my ticket prices a few bucks... maybe 5-10 for each section, since it is the playoffs and more people would come right? Or would less people come, cause of the money?

From: MCSmooth

To: Mvp
This Post:
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132772.2 in reply to 132772.1
Date: 2/26/2010 5:31:54 PM
Overall Posts Rated:
2121
From what I've read, the fact that your playing a playoff game doesn't increase attendance. You'll see some pretty good turnouts though because you are playing a quality opponent, just like you would when you play them in the regular season.

This Post:
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132772.3 in reply to 132772.2
Date: 2/26/2010 7:14:40 PM
Overall Posts Rated:
237237
Playoffs does raise attendance. If you are close to selling out your arena, then it is a good idea to raise prices

This Post:
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132772.5 in reply to 132772.1
Date: 2/26/2010 8:07:25 PM
Overall Posts Rated:
77
Bear in mind that any price changes you make must remain in effect for the entire month of March. So 1 or 2 home games next season will be affected as well.

This Post:
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132772.6 in reply to 132772.5
Date: 2/26/2010 11:38:13 PM
Overall Posts Rated:
6161
Actually I think starting next season the ticket changes can be done at certain times of t he season instead of by calendar month. Here is the quote from the news from BB:

"Starting from season 12 the timeframe to change ticket prices will be changed. Currently ticket prices are changed every first of the month. This will change to periods based on the seasonal calendar, as opposed to the regular calendar as they are now."

From: Mvp

This Post:
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132772.7 in reply to 132772.6
Date: 2/27/2010 12:18:23 AM
Overall Posts Rated:
2828
Well these next 3 weeks in my league..

Week 1
1 v 4
2 v 3

Week 2
1 v 2
3 v 2

Week 3
1 v 3
2 v 4

Than we have the playoffs.. So it should be quite interesting month of basketball.. Luckily I am the 1 there. hah

From: Digler

To: Mvp
This Post:
00
132772.8 in reply to 132772.7
Date: 2/27/2010 10:07:20 AM
Overall Posts Rated:
6161
Daniel,
Looking at your arena, you are not selling out any of your sections, so you might want to keep the prices where they are. Remember that you don't get 100% of the gate receipts for playoff games (2/3 for home and 1/3 for away). Maybe bump your prices a little if you want. But staying t he same would not be a bad idea either.

From: Mvp

This Post:
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132772.9 in reply to 132772.8
Date: 2/27/2010 4:45:45 PM
Overall Posts Rated:
2828
yeah what i did, was raise the

Lower tier and Bleachers by 3 dollars total.. 2 dolalrs for the bleachers 1 dollar for the Lower tier

and actually dropped the courtside seats by 10 dollars.

thank you for the help.

From: chris902

To: Mvp
This Post:
00
132772.10 in reply to 132772.9
Date: 2/27/2010 5:13:35 PM
Overall Posts Rated:
8989
I would invert that - a $2 change in the price of bleachers can have a serious negative impact on ticket sales. I increased my bleacher prices by $1 mid-season and lost over 1500 fans in the next game. Bleachers are really volatile so you should be careful when changing those prices.

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