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Arena Pricing

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This Post:
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172508.1
Date: 1/26/2011 10:21:04 PM
Overall Posts Rated:
168168
Arena
Bleachers : 13350 (Current Price: $13) (Price as of 08/02/2011: $13)
Lower Tier : 1710 (Current Price: $54) (Price as of 08/02/2011: $49)
Courtside Seats : 192 (Current Price: $173) (Price as of 08/02/2011: $177)
Luxury Boxes : 10 (Current Price: $1450) (Price as of 08/02/2011: $1450)
Total Capacity : 15262
Season Ticket Holders: 2281 (As of the beginning of the season)

My prices were too low for courtside seats (always full) and too high for lower tie (400 seats unused) r...

any suggestions on pricing for LT / CS?

54 -> 49 too drastic?
173 -> 177 not high enough?

This Post:
00
172508.2 in reply to 172508.1
Date: 1/26/2011 10:27:45 PM
Overall Posts Rated:
6767
I read that it's advisable to use 10% increments. So...

54 -> 48 or 49
173 -> 190 or 191

This Post:
00
172508.3 in reply to 172508.2
Date: 1/26/2011 10:28:57 PM
Overall Posts Rated:
1515
I'd say it's not bad the way you've done it, but try something more along the lines of:

54 ->50
173 -> 175

to start. You don't wanna increase your Courside seats too high, and then not sell them all.

This Post:
00
172508.4 in reply to 172508.1
Date: 1/27/2011 11:07:35 AM
Overall Posts Rated:
99
Hello,
I would suggest corrections at about 6% up or down, so you would end up with these prices:

54 --> 51
173 --> 183

And just a suggestion, regarding seats distribution, you could have more LT (around 12,5% of total seats), CS (around 2,5% of total seats) and LB (around 0,15% of total seats).
LT around 1.900, CS around 380, and LB around 20, would improve your income (but don't forget to adjust prices if you upgrade).

Best regards.

This Post:
00
172508.5 in reply to 172508.4
Date: 1/28/2011 4:29:56 AM
Overall Posts Rated:
168168
thanks... I'm looking to build more LT / CS

was concentrating on bleaches first because i'm winning more or less all my games this season...

gonna cap at:

15k BL
5k LT
500 CS
50 LB

any particular reasons for the suggestions for prices guys?