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Ratio of bleacher to lower tier

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From: elboss

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34910.5 in reply to 34910.4
Date: 6/8/2008 3:06:25 PM
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~ 1/7 i believe, this is is the ration i got with round about 75% price, but you should work with your prices to get the maximum out of your arena thats why they are no clear rules for building the arena(and maximum price is way to high)


Maximum price is perfect for me :)

It really depends on winning ratio/series you are in. I haven't seen any serious study of that kind of thing though...

/elboss

From: CrazyEye

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34910.6 in reply to 34910.5
Date: 6/8/2008 3:36:55 PM
Overall Posts Rated:
959959
yeah but if you build your arena earlier and have more cheap oprices you would have more money ;)

if the prices comes near to the limit, the attendance drop pretty heavy.

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34910.7 in reply to 34910.6
Date: 6/9/2008 10:42:50 AM
Overall Posts Rated:
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yeah but if you build your arena earlier and have more cheap oprices you would have more money ;)

if the prices comes near to the limit, the attendance drop pretty heavy.



Not necessarily true.

My prices are maxed out and I expect a sell-out of my 6555 seater tomorrow. How many tickets you sell is a function of what division you are in, the level of your PR manager, the price of your tickets, the standing of your opposition and how well your team is doing.

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34910.8 in reply to 34910.7
Date: 6/9/2008 12:59:32 PM
Overall Posts Rated:
959959
yeah but the prices have their iunfluence ;)

And max prices give the attendance a high drop, if you sell out it was ok but you could easily earn more money with a bigger arena even without that much succes.

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34910.9 in reply to 34910.8
Date: 6/9/2008 2:55:18 PM
Overall Posts Rated:
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OK, so we have a set of decisions to make. I had this discussion with Superfly Guy a while back in this forum and he advocated the position that you are taking, ie. expansion is always good. For me, there's an important question to ask and answer: "do I spend $500,000 on 1000 seats, which will take a long time to pay for themselves, or do I spend that money on improving my team?"

When you can increase revenue for free, ie by increasing ticket prices, it is sensible to do so. If you are selling out on a regular basis, then increasing ticket prices can be very low risk.

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34910.10 in reply to 34910.9
Date: 6/9/2008 2:57:42 PM
Overall Posts Rated:
959959
The 500000 in the arena was impoving your team, too ;)

Especially when you reach such high ticket prices like you did.

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34910.11 in reply to 34910.10
Date: 6/9/2008 3:32:01 PM
Overall Posts Rated:
9696
I must agree with expanding.
I don't think I would have made so much money as I have now by less expanding and more price-upgrading. But that is just my feel ofcourse and no absolute truth.

I also notice that with price increasement, figures drop (heavely), even from the 2nd lowest priced seats when I only raised them by 2 dollars (55 to 57)...

They are not your friends; they dispise you. I am the only one you can count on. Trust me.
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34910.12 in reply to 34910.10
Date: 6/9/2008 3:35:32 PM
Overall Posts Rated:
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No doubt about it, my recent expansions have been beneficial. If I sell only 5500 out of 6555 of my seats at their current prices, I make a weekly profit.

Both ways of increasing revenue are valid. But you need to increase prices and expand the arena to get the most out of it. Getting the balance right is tricky and I've been fortunate not to get burnt thus far.

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34910.13 in reply to 34910.12
Date: 6/9/2008 3:39:31 PM
Overall Posts Rated:
9696
hm yes.

but if I make the math I must decide EVERY time I raised my ticketprices, that I ended up getting less money. Which again makes me feel it's better to expand when you sell out, then to raise the prices.
Now maybe that is because I am chicken and raise my prices only be so low amount. Maybe if I raise them higher at once, the drop of spectators will be about the same, and I then end up with more... maybe I should try that next time.
The problem is....it's for a month, so a mistake will cost big bucks.

They are not your friends; they dispise you. I am the only one you can count on. Trust me.
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34910.14 in reply to 34910.13
Date: 6/9/2008 4:32:05 PM
Overall Posts Rated:
959959
no, the higher the raise the higher the decrease of the publik ;)

But i think there are differents, if you increase the cost in the level around the starting price you get nearly the same money like if you sold more tickets with lower prices. But i higher dimensions of the prices the extra profit is less(lower tie from 10 to 12 are 20%, from 15 to 17 just ~14%) and a bigger drop of spectators(i don't have studies about it, but i think in this point i'm right)

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34910.15 in reply to 34910.14
Date: 6/9/2008 4:41:54 PM
Overall Posts Rated:
9696
hm, then I was thinking right, but underestimated the effect.

my seats went from about 1350 to about 1270 if I recall correctly, with only an increase from 55 to 57 in price, while the max is at what, 80?

I also notice I am nearing my max for the lowest priced seats, and rasing the price from 18 to 19, where 20 is max didn't so much drop the attendance, I guess I'd best expand much there and lower my price again...

They are not your friends; they dispise you. I am the only one you can count on. Trust me.
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