Lots of Stubhub tickets appearing from Michigan allotment

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February 7th, 2012 at 7:04 PM
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ThadMattasagoblin
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Joined: 08/24/2011
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Lots of Stubhub tickets appearing from Michigan allotment

Not limiting tickets appears to have been a mistake as tickets are popping up everywhere on the Michigan sideline for 400+ dollars.

http://www.stubhub.com/kick-off-classic-tickets/alabama-vs-michigan-9-1-2012-4008854/ 

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February 7th, 2012 at 7:10 PM | This may be a stupid question (Score:1)
Jmilan
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Joined: 10/13/2011
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This may be a stupid question and off topic, but when do tickets for the MSU and UM game go on sale?

February 7th, 2012 at 7:14 PM | Not till later in the summer. (Score:1)
Hoek
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Joined: 01/29/2010
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Not till later in the summer.

Go Blue

February 7th, 2012 at 7:14 PM | Capitalism my friend. (Score:5 Normal)
NorthSideBlueFan
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.

"... never forget that Ohio is still a four-letter word."
-Bob Ufer

February 7th, 2012 at 7:35 PM | Which sideline is the (Score:1)
jonny_GoBlue
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Which sideline is the Michigan sideline?

February 7th, 2012 at 7:36 PM | A bigger mistake.. (Score:1 Normal)
HELLE
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Joined: 07/26/2011
MGoPoints: 680

Would have been to limited ticket sales and to not sell our allotment. Selling out looks great for the University. The market will now set the price. My guess is that the price will creep back to face value a couple weeks before the game.

Go Blue!

February 7th, 2012 at 7:59 PM | Why would it go down?  It's (Score:4 Normal)
jmblue
Joined: 11/07/2008
MGoPoints: 29060

Why would it go down?  It's the opening game for both teams, so the hype for the game will only increase as it gets closer.

February 7th, 2012 at 10:12 PM | If I remember correctly you (Score:2 Normal)
Mr. Rager
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Joined: 11/16/2011
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If I remember correctly you could get UTL tickets for about $50 cheaper (per ticket) the week before the game than any time before.

However, I think that was in direct correlation to them losing to USF in week 1.  

I don't see the Bama tickets reducing in price much.  People will continue to book flights / commit to going to see this game, thus I feel the demand should increase.

"to make a complete evaluation off video w/o seeing guys in-person - I don't believe that at all." - Josh Helmholdt

February 7th, 2012 at 11:58 PM | per Stubhub: (Score:1)
HELLE
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Joined: 07/26/2011
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per Stubhub:
"Price competitively from the start. In most cases, ticket prices drop as the event approaches. So pricing too high with a ' wait and see' approach could mean you'll get less for your tickets in the end – or not sell them at all."
 
I see this everytime I have used Stubhub. People want to get rid of their tickets at a profit so they price it the lowest. Then more people start doing this when they start to realize "man, I got to get rid of these tickets". As the event gets closer, mass panic takes over and that's how you end up with $6 Big Ten Championship tickets and $30 Sugar Bowl tickets. Heck, even the National Championship Game dropped from $1400 to $900 a week before the game. These are two top ten teams playing at a nuetral site, that is nowhere near them. I don't see how the hype will get any greater than we already anticipate it to be at.

Go Blue!

February 8th, 2012 at 9:40 AM | Though every once in a while, (Score:1)
rcm
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Though every once in a while, the market will see an increase, and you'll get those people that see a spike when their tickets sell and then they renege on their sale. Happened to me with 2010 season tickets: I bought 2nd row student section seats for $750, seller told me he 'couldn't find them', then saw him re-list for $1000 or so. 

Go Blue! Always.

February 8th, 2012 at 10:42 AM | You're assuming that the (Score:1)
blueblood06
Joined: 01/06/2011
MGoPoints: 47

You're assuming that the current ticket price matches "the hype" that exists now.  If no one buys tickets for $400, the ticket prices will come down, even as people get more excited. 

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