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6411.78 in reply to 6411.75
Date: 2/6/2008 6:45:01 AM
Overall Posts Rated:
22
Higher prices until you prices until you max them out. It will get you more money simply by virtue of the fact that you're not investing in an expansion.


Indeed, but I'm talking about proportion between volume of people which want to visit my match and ticket prices (you know, some of them will not come because of a high ticket price)

example - there is a 10000 people which will come to Bleachers if it will be for free

5000 people if the price will be (for example) 15 dollars

1000 of people if it will be for 20 dollars??? or less?

I just doesn't know when will be a right time for expand - too high prices could get a less attendeance (that could means less renevue) that it should be if I had a bigger stadium..

another example - Imagine that I have a big 20000 stadium and want to get it full - I will get the prices low, but there aren't so much people to visit my match - that means lower arena renevue - even if I had higher attendeance in all history.. do you get the point?

This Post:
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6411.79 in reply to 6411.76
Date: 2/6/2008 9:06:29 AM
Overall Posts Rated:
303303
Bleachers : 14737 (Current Price: $18) (Price Next Month $17)
Lower Tier : 1936 (Current Price: $60) (Price Next Month $58)
Courtside Seats : 297 (Current Price: $175) (Price Next Month $175)
Luxury Boxes : 30 (Current Price: $1100) (Price Next Month $1100)
Total Capacity : 17000
Attendance History

Date Game Bleachers Lower Tier Courtside Seats Luxury Boxes Total Attendance Game Type
2/3/2008 2238440 10886 1816 297 27 13026
1/28/2008 2231190 12942 1306 261 18 14527 Tiebreaker
1/26/2008 2175880 10364 1235 257 18 11874
1/23/2008 2231188 13887 1491 271 18 15667 Finals
1/16/2008 2134861 13887 1528 272 18 15705 Quarterfinal
1/6/2008 996081 9290 1178 250 17 10735
1/2/2008 996075 7267 1098 245 17 8627
12/26/2007 996059 11360 1296 272 17 12945
12/22/2007 778550 11810 1299 271 17 13397
12/19/2007 996043 12207 1322 272 17 13818

NO ONE at this table ordered a rum & Coke
Charles: Penn has some good people
A CT? Really?
Any two will do
Any three for me
Any four will score
Any five are live
This Post:
00
6411.80 in reply to 6411.78
Date: 2/6/2008 9:13:00 AM
Overall Posts Rated:
00
Indeed, but I'm talking about proportion between volume of people which want to visit my match and ticket prices (you know, some of them will not come because of a high ticket price)


The only test I've made so far is that in DIV, no one seems to sell more than 3 luxury boxes no matter how good they are. So I've raised my price to 1100 and collect 3300 per game. Even if the starting price of 800 were used and I sold one more seat, I'd only collect 4 x 800 or 3200. Therefore charging 1100 per luxury box in DIV seems optimal.

If any one has any further evidence to contradict me, I'd appreciate knowing it.

This Post:
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6411.81 in reply to 6411.79
Date: 2/6/2008 10:07:06 AM
Overall Posts Rated:
225225
Thanks a lot

Have you had any price changes over this period? Because it certainly looks like something has changed starting February. If so, it'd be great to know what the prices were each month.

"I don't know half of you half as well as I should like; and I like less than half of you half as well as you deserve."
This Post:
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6411.82 in reply to 6411.81
Date: 2/6/2008 10:10:33 AM
Overall Posts Rated:
303303
I raised them a bit (not the luxury boxes) and moved them down a bit for this month.

NO ONE at this table ordered a rum & Coke
Charles: Penn has some good people
A CT? Really?
Any two will do
Any three for me
Any four will score
Any five are live
This Post:
00
6411.83 in reply to 6411.82
Date: 2/6/2008 10:17:40 AM
Overall Posts Rated:
225225
When you say raised, I imagine you mean December to January? I also imagine you wouldn't remember precise or at least general numbers?

It is interesting thought. My first thought would be to wait until I can max out the prices and still get a full arena at 5k (+ additional 5 boxes or so), then move to expand at all. Any reason why you didn't do it this way?

"I don't know half of you half as well as I should like; and I like less than half of you half as well as you deserve."
This Post:
00
6411.84 in reply to 6411.80
Date: 2/6/2008 10:35:44 AM
Overall Posts Rated:
22
Indeed, but I'm talking about proportion between volume of people which want to visit my match and ticket prices (you know, some of them will not come because of a high ticket price)


The only test I've made so far is that in DIV, no one seems to sell more than 3 luxury boxes no matter how good they are. So I've raised my price to 1100 and collect 3300 per game. Even if the starting price of 800 were used and I sold one more seat, I'd only collect 4 x 800 or 3200. Therefore charging 1100 per luxury box in DIV seems optimal.

If any one has any further evidence to contradict me, I'd appreciate knowing it.


I understand now that it depends a lot on level of division where are you (I have like 8 luxury boxes booked every match in II. DIV - is true that I messed last season for better draft)

but I think that the difference between prices could be seen much more on bleachers - that could be the best sample.

I see that finding of the optimal price for tickets and optimal capacity will be harder than I expected

Edited by Iordanou (2/6/2008 10:36:51 AM CET)

Last edited by Iordanou at 2/6/2008 10:36:46 AM

This Post:
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6411.85 in reply to 6411.84
Date: 2/6/2008 12:48:38 PM
Overall Posts Rated:
00
but I think that the difference between prices could be seen much more on bleachers - that could be the best sample.


Bleachers depend more on winning than price.

From the rules:

the less expensive seats are mostly filled by rabid fans who will show up when the team is winning but won't pay to see a losing team.


In DIV, you can win four in a row, lose, and see your crowd go down a goodly chunk. So price will be hard to isolate on bleachers.

I'm watching courtside seats this year and looking for same 'sweet spot' of maxed out DIV attendance and highest possible price to max ticket revenue. It means overbuilding, likely, but if promotion follows, money well spent.

This Post:
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6411.86 in reply to 6411.85
Date: 2/6/2008 12:52:33 PM
Overall Posts Rated:
225225
Still though it seems like bleachers give you a percentage of the total crowd in the mid eighties.

Courtside seats, on the other had, seem to be severely underestimated in the initial seat distribution.

"I don't know half of you half as well as I should like; and I like less than half of you half as well as you deserve."
This Post:
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6411.87 in reply to 6411.85
Date: 2/6/2008 1:03:57 PM
Overall Posts Rated:
22
eh, you have a right with that rule


overbuilding is a good idea if you have a players which can get you higher, I wish you a good luck;)

Tickets for my Courtside Seats will be available for 170 dollars next month and my small 85 capacity will be maybe still sold out (maximum is 200 dollars for a ticket). It seems that I need expansion ASAP, because if I had capacity like 200 and get the price for a 130 dollars/1place (example), I could to have (maybe) a full capacity too with a more revenue...

stop me if I'm thinking bad way, but I see now that I'm losing money for a high ticket prices...

overbuilding with no spend for mainteance is now the best way I see

Edited by Iordanou (2/6/2008 1:06:52 PM CET)

Last edited by Iordanou at 2/6/2008 1:06:47 PM

This Post:
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6411.88 in reply to 6411.77
Date: 2/6/2008 1:47:36 PM
Overall Posts Rated:
506506

Total Capacity : 10265

I dont know if it is worth upgrading quite yet as many of the teams in my league are new and I am wondering about the support they will bring. Also it seems 1 defeat and you take a pretty big hit...

I have a PR10 guy now so next month will probably just raise prices and see if i can learn anything else from this!


Edited by Superfly Guy (06/02/2008 01:54:00 CET)


I believe the PR guy mainly affects the courtside seats and luxury boxes. Bleachers are almost 100% dependent of your wins and losses. If you lose you will see the amount of bleachers sold will got down a lot, while Lower Tier decreases a bit too and courtside seats and luxury boxes stay nearly the same.

At least this are my experiences.

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