Please give us the chance to fill our arenas, OR the chance of reducing it to 20000.
i know it is off-topic, but
ask for some financial compensation to the managers that keep repeating here that the key to success is to build the biggest possible arena. i wonder how many millions have been buried under those monstruous arenas and their thousands and thousands of empty seats (even when charging very cheaply for them). of course it is essential to enlarge your arena, but this must be done very strategically. as important as building seats in order to raise your revenues is to very carefully monitor the
prices of the seats. if you have 1000 seats, you charge $10 for every seat, you could ask up to $20, you make 10000 and want to make 20000, you have two options: build 1000 extra seats for $200 each and keep asking $10 for every seat or raise the price of your tickets to $20. the difference between those two options is that you spend $200000 with the first and $0 with the second. with the first you will also need 20 home matches with full attendance to get your investment back, while when you decide to expand charging the maximum price you only need 10 home matches to recover what you spent and start making a real profit. asking for the full price makes things easier in order to know when to expand: if it is selling out consistently even with some losses, it's time. if you expand and it keeps selling out, you expand a bit more. if you expand and it doesn't sell out, you wait a bit and it will eventually sell out, unless you get demoted, but nobody should expand their arena if they have the possibility of being demoted. a 10k sold out arena with full ticket prices makes the same money as arenas double the size and they are many many times cheaper to build.
bb once allowed managers to destroy seats and get the money back, which caused a huge inflation and it was unfair to the managers who have more wisely invested in training, in players, much more useful things.
Last edited by LA-Bernspin at 4/25/2015 5:45:36 AM