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Filling up arena

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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:
00
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:
00
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.