Goodbye Dynamic Ticket Pricing!!
In another great move by our new AD!
"The 2015 tickets will not be dynamically priced, which is the practice of continually adjusting single-game ticket prices based on real-time market conditions with the biggest factor being fan demand and ticket scarcity. Individual tickets will go on sale in July."
http://www.mgoblue.com/sports/m-footbl/spec-rel/033115aaa.html
Mod edit: Added ChuckieWoodson's table since it seemed like a waste to delete it. JGB.
Game | Date | End Zone | Maize/Blue | Victors/Valiant |
Oregon State | Sept. 12 | $80 | $90 | $100 |
UNLV | Sept. 19 | $55 | $65 | $75 |
Brigham Young | Sept. 26 | $80 | $90 | $100 |
Northwestern (HC) | Oct. 10 | $75 | $85 | $95 |
Michigan State | Oct. 17 | $95 | $105 | $115 |
Rutgers | Nov. 7 | $65 | $75 | $85 |
Ohio State | Nov. 28 | $95 | $105 | $115 |
you beat me to this by about 15 seconds.
Nice to see that our new AD has listened to the fanbase. He has been a breath of fresh air!
Again a great idea executed brutally. There should've been a price floor lower than face value for those games that don't sell. That floor could've been set at season ticket price and it would've had a better chance of succeeding. I personally didn't have to deal with it but a few friends of mine did.
I had to deal with it. There were some games that I could barely give away club seats let alone some of my seats in the bowl.
ever happens again you just let me know. I can usually only make it to a game or two each year, and I'll gladly take those club seats off your hands.
I will gladly take that headache away for you for any games this fall. I need to get my 8 year old son down for a game before his mother turns him into a Ohio State fan. The Big Game, The Big Team, The Big Tradition, The Big House, and The Harbaugh.
....but I didn't mind dynamic pricing. Most people can't but tickets directly from the school, so going to a game likely means buying from a friend or ticket scalper. Having dynamic pricing allows for the school to reap the benefits (or pitfalls) of changing prices, not the ticket scalper. I would prefer it that way. Like I said, I can be convinced otherwise.
This is probably one of the best years in many for Michigan to reap the benefits from dynamic ticket pricing. Having a nive home slate and HARBAUGH and all means tickets are probably going to be priced higher this year. This is clearly something Brandon would not do...and I like that.
ticket sales. I am a season ticket holder, and I know I bought less extra tickets for family and friends because I wasn't sure I could get my money back if they ended up not deciding to go. I would just go to StubHub and get them for under face value.
Yes but they didn't make tickets more available by lowering the MAC games to a decent price. Instead they would float at or above face. I didn't follow the prices but if demand started high did the price ever fall for the late games when demand fell off due to product on field?
Honestly, I'm not sure. In my experience, it was always my practice to buy extra tickets for people up front because you wanted to make sure you had them. A Michigan ticket was something of value that people wanted, not something that was a commodity that the whole risk in price change was placed on me. It is not good business when the policy is "If our team is good, we will charge you more. If our team is bad, you paid too much for your tickets but that's your problem."
Honestly, I'm not sure. In my experience, it was always my practice to buy extra tickets for people up front because you wanted to make sure you had them. A Michigan ticket was something of value that people wanted, not something that was a commodity that the whole risk in price change was placed on me. It is not good business when the policy is "If our team is good, we will charge you more. If our team is bad, you paid too much for your tickets but that's your problem."
now we can go back to the tickets being bought up by donors with priority at face value, and resold to me on stub hub for higher prices, rather than the lower dynamic price UoM would have charged me.
nananana nananana hey hey hey goodbye Brandon
It's like they care...who are these people? It's like they want us to come to games again...
Dynamic pricing......wow!
Take a look at the seating chart on the MGoBlue link, it looks like the student section is back to its normal, massive size.
for running a non-profit organization. . .
I like getting rid of the dynamic pricing, but the face values in the table upsets me. With PSD, tickets and the processing fee, I pay $76.43 per ticket for seats in the endzone as a season ticket holder. The athletic department is now selling 3 of the 7 games (including homecoming) for less than that. It would only cost $10 more to buy individual tickets to all the home games than purchasing season tickets. That option would also make attending games like UNLV and Rutgers optional, which would save money. I would be even more upset if I were in the Victors sections, as those season tickets cost $151.43 each (substantially more than all of the individual tickets).
If the athletic department wants to keep season ticket holders, and not rely on individual sales to fill all of the games (let alone the lower tier ones), they need to take a long hard look at what, if any, benefit the fan receives from purchasing season tickets. I was likely not going to renew this year had the coaching situation not played out as it did, and am now not certain about next year. The opportunity to save $10 per year (if you WANT to attend every game) does not seem worth it, when one could save over $500 and still go to home opener, MSU and OSU...
Attending any game is optional if you think about it
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Has buying season tix ever really been about saving money?
Well, the press release does tout how you would save over $90 by buying season tickets over buying each game individually, so I'd say they're at least trying to make it about saving money.
I think the bigger thing is that you are guaranteed tickets as a season ticket holder. I imagine the MSU and OSU face value tickets will sell very quickly and the value will skyrocket on the secondary market.
You're including the psd in that, which you get back come tax season. They're talking about the actual cost of the ticket, not including psd
You cannot claim the full PSD.
...and that's nitpicking anyway -- the point the OP made is valid.
I what you can claim I believe. You're also not going to get good seating location, priority points, etc. to each his own
You can claim 80% of the "gift" but that not your ultimate deduction. Your net effect is your tax bracket multiplied by 80% of the gift. It's not a great deal by any means, so the poster is right in saying its substantially more expensive to buy season tix. As far as your comment on priority points, they mean nothing unless you see value in owning season tix. Even then, the AD keeps raising the threshold for points so only the top tier givers reap any real benefit from them. You need to have given half a million dollars to get a good parking pass anymore.
and happens anyway on the secondary market (stub hub, scalpers...) The University might as well make the money.
If you have a worthy product, which we haven't had in a number of years. With Harbaugh, the interest is back. But it's better to help create the demand than to have it go away.
With true dynamic pricing, i.e. the secondary market, the price goes up and down. Brandon's prices only ever went up.
The Maryland game last year should have gone for like $10.
I agree. I think ticket prices are inflated across the boards. However, if people are willing to pay the money, I'd rather see that money going to the school instead of Stub Hub or some other ticket broker.
Can't help but notice how Domino's stock rose after DB left. Hmmmmm..
Compare it to an index, maybe S&P 500 or restaurant based index to see how he performed against his peers.
The very last thing Brandon launched at Domino's was one of the things that brought it out of the market share gutter - the "new" formula, moving away from that infamous carboard sort of quality of the crust and the "are you sure this is cheese?" quality of the cheese, so there was that. The performance overall was mostly flat overall from the IPO to his actual departure. I still remember the self-depreciating ads which gave you the impression that perhaps they were trying. For a long time, Domino's was dead last in its market in just about every category.
It rose because of him, not in spite of him. As horrible as he was for Michigan athletics, he has to get credit for orchestrating an incredible turnaround at Domino's.
Every stock rose after he left Domino's. He left at the nadir of the Financial-crash bear market.
GETS IT
PIMP
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"And then I told her 'you're gonna need a friend if you're gonna try to carry 'em like this.'"
March 31st, 2015 at 10:48 PM ^
that was funny.
I wonder if he got DB's approval on this move....
/s
The hard hat is...ill-fitting...
March 31st, 2015 at 10:49 PM ^
but i guess he did...
I have no idea what Hackett's political affiliations are, and I don't want to know. But were he to run for Governor in 2018, not only would I vote for him, I would campaign for him too.
He seems to be turning the river of shit left by DB into a beautiful clear stream pretty damn quickly.
I'm surprised they're even listing MSU and OSU for the public sale.
Demand has been down. After two years of JH, interest level will be very high again.
The funny thing is, wouldn't this be the year for dynamic pricing to work? In the past it was a terrible idea because interest dropped as the season went along, so prices (theoretically) dropped as well. But this year, with the Harbaugh factor and schedule, I'd guess that interest should go up, meaning ticket prices would go up and either the university makes more money, or tickets sell out earlier. WIn/win either way.
I actually thought "dynamic pricing" was about having different ticket prices based on the opponent. Didn't all tickets used to be the same price? When I saw the press release, I thought dynamic pricing was alive and well. I guess this is better?
Does dynamic pricing ever go in the other direction - does it ever lead to reduced ticket prices?
By rule, the price never went below what season ticket holders paid, so in UM's case, no.
I payed like $800 for two OSU tickets a couple years ago before the season started, only to see our team play terribly and enter the Game with a crappy record vs a solid OSU team. I ended up selling them online at a huge loss. With dynamic ticket pricing there was no way for the ticket price to correct itself without the buyer taking a huge hit. The burden shouldn't be on the consumer, it should be on the supplier. When the product fails to deliver it angers the consumer and creates contempt, which potentiate the fan vitriol and expedited his firing. However, if the team was good, I would not have been upset. The product has has to be good and meet expectations for dynamic pricing to work.