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Hypothetical Arena Price Question

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This Post:
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265684.6 in reply to 265684.1
Date: 12/29/2014 4:05:28 PM
Overall Posts Rated:
137137
that high cost bench price systematics do not work in low leagues. you'll lose seats because your team is not known well in lower leagues regardless of who you have.. You go like 1-2$ above the league cost for those things mention. Keep the vip seat to max or in close to 1k.

14$ Bleachers , 18$LT For get about it.!! Not going to work.

5-9$ & 8-12$ somewhere in there will work

This Post:
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265684.7 in reply to 265684.6
Date: 12/29/2014 4:13:30 PM
Overall Posts Rated:
26152615
*sigh* Your argument is invalid as you failed to realize you cannot have LT prices lower than 18$.

Murray/Harris/MPJ/Grant/Jokic - 2020 NBA Champs
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265684.8 in reply to 265684.7
Date: 12/29/2014 4:31:32 PM
Overall Posts Rated:
137137
you wont be selling 18 seats .. so forget about 18$.!!

This Post:
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265684.9 in reply to 265684.8
Date: 12/29/2014 4:41:07 PM
Overall Posts Rated:
26152615
Alrighty then...

Murray/Harris/MPJ/Grant/Jokic - 2020 NBA Champs
This Post:
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265684.10 in reply to 265684.8
Date: 12/29/2014 5:34:17 PM
Overall Posts Rated:
883883
Lower Tier : (Min: $18, Max: $70)

Please learn something someday.

Last edited by U21 CAN Cletus at 12/29/2014 5:34:27 PM

From: vdog

This Post:
00
265684.11 in reply to 265684.1
Date: 12/29/2014 6:54:31 PM
Overall Posts Rated:
1616
I dont think it works that way.

You would be making less money if you do that.

Their is only so many LT you can sell in each div.

I think in div 4 you can sell around 2700 LT at $18 (i could be wrong).

Message deleted
This Post:
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265684.13 in reply to 265684.1
Date: 12/30/2014 11:31:59 AM
Overall Posts Rated:
32293229
So I have 14k Bleachers and 7k LT. I am demoting this season so I will be lowering my ticket prices probably... Or.... What would the outcome be if I completely overpriced my Bleachers and then gave a low price for the LT? Would I sell very few bleachers but in turn almost sell out LT or what are your thoughts?

Example:
Bleachers- 14$
LT- 18$ (the minimum)


Without commenting on the rest of the thread, I vaguely remember reading somewhere that the way attendance worked was that there was a certain price fans were willing to pay to go to the game (so, for example, you could easily sell 20k tickets if the game allowed you to set a $1 ticket price), and that they would buy the most expensive seat under their maximum. With that said, the $14 bleachers probably are not going to be extremely popular, and won't recapture much of the money lost by fans who won't pay $18 for lower tier.

I haven't really gone through demotion myself, though. My initial thoughts would be to drop the bleacher prices low to try to rake in a whole lot of fans willing to pay $8 rather than a smaller amount to pay double digits. I would imagine that dropping the prices as low as possible would at least allow you to get a fairly stable gate income and not end up leading to a problem if you try to go higher and overshoot.

Message deleted