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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.

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.

The 500000 in the arena was impoving your team, too ;)

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

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)...

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.

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.

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)

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...

55 *80 > 1270 *2 ;)

And i see bigger drops, with teams who got a long winning run, where i think the fan mood was pretty unimportant ;) Or with teams like me, who normaly win one game and

with only an increase from 55 to 57 in price, while the max is at what, 80?

which harmed this effect, or at least makes it as bad then the one from 78 to 80 ;)

Last edited by CrazyEye at 6/9/2008 4:47:41 PM

sorry about the thread necromancy, but I've been told to place my question in an existing thread...

has anyone got any idea of the best ratios for an arena as yet?

I've just started selling out my basic 4500/500/0/0 arena, and am considering upgrading it if it's not going to cost me silly money.

On a related note, what about ticket prices.

I've increased the cost of basic tickets to $11, but haven't touched anything else. What kinds of levels are achieveable for a team likely to get relegated from II this season?

It appears that you can only sell a tiny number of Luxury boxes, but the attendance is steady. I have literally increased my luxury boxes in increments of 2, and the attendance has never declined. Whenever the two new seats are sold, I build another 2. I don't know how many you can build straight away, My very first expansion was to 5002, with just the two luxury boxes, and I have increased a bit ever since.

The courtside seats are similar, but they are less than 2% of my seats. The bleachers are much more volatile, but if they are consistently selling out, you are probably very much under your potential in the more expensive seats. If I were you, I might boost my ticket price on the bleachers, and build some more expensive seats and see how they do.

I typically consider expanding after every TV game, and sometimes toward the end of the month when I am setting my new tickets. If I'm consistently coming up short up capacity, I'll drop my ticket price a bit in that section. If I'm filling a section or coming close, I'll either expand that section or raise the ticket price.

The ratio of seat cost/ticket cost ranges from 12.5 to 16.7 in my sections. That probably isn't an accident, the ROI has to be about the same across all ranges.