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Filling up arena

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This Post:
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114191.5 in reply to 114191.1
Date: 10/3/2009 6:50:16 AM
JMDCeltics
III.10
Overall Posts Rated:
35293529
Your prices are the most expensives!!!
Take a look to the prices that teams in your league are setting and reduce yours until these prices even lower. When you reach a point in wich you fill your arena, it´s time to start raising the prices. As other manager told you, it´s important to win games too.
Best regards.

This Post:
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114191.6 in reply to 114191.1
Date: 10/3/2009 7:15:16 AM
Kitakyushu
ASL
Overall Posts Rated:
12351235
look at my prices...They are perfect...

This Post:
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114191.7 in reply to 114191.6
Date: 10/3/2009 7:57:21 AM
Overall Posts Rated:
959959
i would say they are to low ;)

I find perfect prices means, that still one seat stays unseated, else you don't know if they are standing thousand people in front of your arena.

Last edited by CrazyEye at 10/3/2009 7:57:59 AM

This Post:
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114191.8 in reply to 114191.7
Date: 10/3/2009 3:08:06 PM
Overall Posts Rated:
00
Well if we have to discuss perfect prices I would say that perfect prices are the ones that give you the highest total revenue.
Know I still havent figured out the soft cap but it may work out that maybe a higher price can give a higher revenue even though you are filling your seats. The perfect price is where the price elasticity is -1:-)
But again know we have to figure out the soft cap. This game is getting diffucult!!!

This Post:
00
114191.9 in reply to 114191.8
Date: 10/3/2009 3:30:21 PM
Overall Posts Rated:
959959
lowest price give you in the old system more revenue, else they would be senseless because of higher investment with lower payback and you have few possibilities to test^^

The thing is that you get much higher jumps in the profit with higher prices.

Lets make a fantasie example:

bleacher price: 20
possible visiotors: 3000
$: 60 000
cost: 600 000

bleacher price: 15
visitors: 6 000
$: 90 000
cost: 1 200 000

bleacher price: 10
visitor: 12 000
$: 120 000
cost: 2 400 000

even if i linear progression, i won't say that is it this way it only was for simple math - but the calculation in real would be even worser for big arena if you take $/cost. But if you invest early you had earlier the extra cash ;)

This Post:
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114191.10 in reply to 114191.9
Date: 10/3/2009 4:13:04 PM
Overall Posts Rated:
00
I wasn't disagreeing with you. I was just pointing out what perfect prices was. It is not about having a certain level of visitors but how much income you get. I the old system you gained more and more income if you lowered your prices just like in the example. Know there is a soft cap. And if this soft cap is directly on the attendance and not a function of how big the arena in fact is then we might have the example like this:

bleacher price: 20
possible visiotors: 15 000
$: 300 000
cost: 3 000 000

bleacher price: 16
visitors: 20 000
$: 320 000
cost: 4 000 000

bleacher price: 10
visitor: 25 000
$: 250 000
cost: 5 000 000

know I hope you understand what I mean. It is a really interesting subject how to distribute your ressources the best way.
So I am looking forward to knowing more exactly what is up with the new arena attendance:-)

This Post:
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114191.11 in reply to 114191.10
Date: 10/3/2009 4:24:08 PM
Overall Posts Rated:
12901290
I am getting more money right now with high prices compared to last season with low prices and high attendance. I have gotten more in the last 2 home games then ever before.

I will probably tear down some cheap seats soon and continue to build expensive ones. With them, I'll try to experiment with the price.

This Post:
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114191.12 in reply to 114191.10
Date: 10/3/2009 5:08:31 PM
Overall Posts Rated:
959959
ok for the new system and first division bleachers are a bad example ;) Finally i would reduce my bleachers below 14k and ask fpor 20$ a seat to build more expensiv seats in my arena because i got the feeling that the cap is pretty hard.(or the difference betwenn succes and loosing is very small now)

For VIP places i try to reach the minmum prices, because i still think that there is the same regulation that cheaper and more seats give you more money then less with higher prices.

And i had to agree worthy too, currently we got the money blowing in our ass, and even the bad guys with the big arenas get extra money through the change - but this is another topic.