tag:blogger.com,1999:blog-9106257093107729484.post142081529610799021..comments2024-01-10T07:00:57.766-05:00Comments on It is about the money, stupid: Stubhub sellers: What is this thing you say, a Recession?Jason @ IIATMShttp://www.blogger.com/profile/11675184282951841175noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-9106257093107729484.post-13565993149191963002009-03-24T14:58:00.000-04:002009-03-24T14:58:00.000-04:00Also, remember that it is Stub Hub that you're loo...Also, remember that it is Stub Hub that you're looking at. A lot of people with tickets don't really want to sell, and are more interested in going to the game. However, they feel if they get a monster offer, they'd be stupid not to take it. So they're quite happy to go to the game and not sell their tickets, but if someone comes in and blows them away with an offer for, say, $2700 a pop, they'd be insane not to take it and watch the game at home in HD. So in a way, since the seller sets the price, they set it insanely high, in effect to dissuade anyone from actually paying it. That's why using Stub Hub as the gauge of what price tickets are actually going for on the secondary market can be deceiving - you take a quick glance, see $2700 a pop, and go "Who the Hell is paying that!?!" And the answer is: No one. I remember reading an article about this around Super Bowl time, when Stub Hub would make it seem as if tickets to the game were moving for $10,000, when in reality tickets weren't being sold for anything even remotely resembling that price.Black Charleshttps://www.blogger.com/profile/01937965900330633842noreply@blogger.comtag:blogger.com,1999:blog-9106257093107729484.post-40265151311693885482009-03-23T11:26:00.000-04:002009-03-23T11:26:00.000-04:00They are no longer interested in the 'true fan'. ...They are no longer interested in the 'true fan'. They don't need to be.<BR/><BR/>Think about it this way: in the Tri-State area there are around 18 million people (based on census data for 'combined metropolitan areas', found on Wikipedia's 'NY tri-state area' page). Let's just say that 10 million of those are Yankee fans...probably not a bad guess, I think. Let's say that 40% of those care enough about baseball to actually want to go to a game. That's 4 million and enough attendance for a season. Of course, not ALL of those will get to a game, but there are plenty of visitors, corporate folks, contest winners and repeats to make up for them.<BR/><BR/>In other words, all they have to do is EXIST and they'll bring in the vaunted 4 million/season attendance. And people will pay the money if they're only going once. Look at what Disney charges for entry!<BR/><BR/>They have made 'a day at the ballpark' equivalent to a 'special occasion' type of trip...like going to the theater or a road-trip destination. (come to think of it, those things used to be things that people did all the time, too)Osmodioushttps://www.blogger.com/profile/01629875493204286891noreply@blogger.com