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Arena pricing suggestion

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245870.11 in reply to 245870.10
Date: 7/24/2013 11:43:31 AM
Overall Posts Rated:
304304
Excellent point.

In my case, I feel LT and Courtside are the areas where I need to keep adding, and I have been. Those are showing they'll sell if I build them, so that's where my focus needs to be first.

This Post:
00
245870.12 in reply to 245870.8
Date: 7/24/2013 5:55:18 PM
Neverwinter
CGBBL
Overall Posts Rated:
621621
I just believe BB doesn't work that way, and you always make more profit by setting lower prices, unless of course, you set the prices too low and the seats sell out.

Can anyone confirm this btw? Does anyone have a counter-example to prove me wrong?

This Post:
00
245870.13 in reply to 245870.9
Date: 7/24/2013 6:10:00 PM
Neverwinter
CGBBL
Overall Posts Rated:
621621
You noticed well, the luxury boxes are a borderline example here. They don't bring any major improvement. Even some older teams simply stay at 25-30.

But I still think they won't bring a loss either. Why don't you try pricing them by my suggestion for the final part of the season? Let's see if your income increases. At 550, they should sell out, and bring back the same income. But by my reasoning, they should also sell out at some bigger price. Try 700, at least 16 seats should be sold.

I will do it for my arena, but since my team is new, there will be improvements anyway. Your team is better for testing, since is more stable.

This Post:
00
245870.14 in reply to 245870.12
Date: 7/24/2013 10:14:28 PM
Overall Posts Rated:
6969
Yea that's why I was saying if it was implemented in BB like that or not. No one knows the formulas they use, so we can only guess. My point was that your way didn't consider the scenario I brought up and that it should be considered when pricing

This Post:
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245870.15 in reply to 245870.14
Date: 8/12/2013 11:29:53 AM
Neverwinter
CGBBL
Overall Posts Rated:
621621
Here are the results, YourPapa got more money by taking my suggested prices http://www.buzzerbeater.com/team/55223/arena.aspx

Lower tiers: 1064*40=42560 previous, 1501*33=49533 new income

Luxes: 11*900=9900 previous income, 16*700=11200 new income

This is on a worse fan survey/weaker opponent, as shown by drop in bleachers from 5805 to 4992, whose prices he left unchanged.

You can also check my own arena, I earned more with luxes, courtsides, and lower tiers, although my fan survey got worse, and I played a crappy opponent, unlike the previous 3 matches.

This Post:
00
245870.16 in reply to 245870.15
Date: 8/12/2013 11:36:11 AM
Neverwinter
CGBBL
Overall Posts Rated:
621621
This supports the initial theory. The formulas are set up in a way that, in a given match, the more close you are to a sellout, the more money you earn.