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re: Springsteen 2023 Arena Tour And "Dynamic Ticket Pricing"

Posted on 7/22/22 at 12:42 pm to
Posted by Mizooag94
Hillbillyville, MO
Member since Sep 2018
1641 posts
Posted on 7/22/22 at 12:42 pm to
I remember blowing up when Grateful Dead tickets hit 20 bucks. What a joke the concert industry is today.

Paid 50 something for Dead and Co in St.Louis (lawn seats). Walked right down to the front row again this year. Those tickets cost 250. And the fricking clowns down there can't shut up and put their phones down. They literally don't listen to the tunes. My how things have changed since Jerry died.
Posted by Melvin
Member since Apr 2011
23535 posts
Posted on 7/22/22 at 1:01 pm to
quote:

Paid 50 something for Dead and Co
You only have yourself to blame
Posted by Big Scrub TX
Member since Dec 2013
38521 posts
Posted on 7/22/22 at 2:14 pm to
quote:

do you think that prior to right now, that all concert tickets cost the same whether you're front row center or highest in the rafters?
They nominally did, but instead of regular people at least having a chance at that point, the excess rents went to scalpers.
Posted by Big Scrub TX
Member since Dec 2013
38521 posts
Posted on 7/22/22 at 2:15 pm to
quote:

What you’re describing isn’t dynamic pricing at all.
OK. I'm listening...
Posted by Vandyrone
Nashville, TN
Member since Dec 2012
7850 posts
Posted on 7/22/22 at 2:49 pm to
Ticketmaster’s model adjusts prices according to the ebb and flow of demand over the time that tickets are available for a given artist and show. The price for a given seat could be different tomorrow, a month from now, than it is today. They claim that Dynamic Pricing is helpful to fans because it dissuades resellers from entering the market. But in reality, it allows Ticketmaster to become, in essence, the nasty reseller. And the worst kind of reseller. The one that has all the tickets and jacks up prices well above reasonable market value (see OP). Because they can.
Posted by Big Scrub TX
Member since Dec 2013
38521 posts
Posted on 7/22/22 at 4:30 pm to
quote:

Ticketmaster’s model adjusts prices according to the ebb and flow of demand over the time that tickets are available for a given artist and show. The price for a given seat could be different tomorrow, a month from now, than it is today. They claim that Dynamic Pricing is helpful to fans because it dissuades resellers from entering the market. But in reality, it allows Ticketmaster to become, in essence, the nasty reseller. And the worst kind of reseller. The one that has all the tickets and jacks up prices well above reasonable market value (see OP). Because they can.
OK. When I say "dynamic pricing", I essentially mean prices that revert to their true market values based on their individual characteristics.

quote:

The one that has all the tickets and jacks up prices well above reasonable market value (see OP)
But then nobody will buy, right?
Posted by Vandyrone
Nashville, TN
Member since Dec 2012
7850 posts
Posted on 7/22/22 at 5:02 pm to
quote:

OK. When I say "dynamic pricing", I essentially mean prices that revert to their true market values based on their individual characteristics.

That’s fine. Just not what OP referred to regarding Ticketmaster and their practices.

quote:

But then nobody will buy, right?

Ticketmaster assuredly sells plenty of tickets using this model that continually tests the upper limits of a fan’s willingness to see an artist. They’ll catch some for Springsteen at $5K each and work their way down until they’ve maximized revenue. Invariably, someone who paid ticketmaster $5K will be sitting next to someone that paid Ticketmaster $500.
Posted by Saint Alfonzo
Member since Jan 2019
28369 posts
Posted on 7/22/22 at 6:07 pm to
quote:

And the fricking clowns down there can't shut up and put their phones down.

Nowadays, this is the largest deterrent to me going to shows. Price is usually not an obstacle, although I hate TicketBastard with the heat of a thousand suns. It's near impossible to enjoy a live show because no one can put their fricking phones away and be present in the moment.
Posted by dawgfan24348
Member since Oct 2011
51541 posts
Posted on 7/22/22 at 6:15 pm to
In other words Ticketmaster is fricking people over
Posted by Big Scrub TX
Member since Dec 2013
38521 posts
Posted on 7/22/22 at 7:51 pm to
quote:


Ticketmaster assuredly sells plenty of tickets using this model that continually tests the upper limits of a fan’s willingness to see an artist. They’ll catch some for Springsteen at $5K each and work their way down until they’ve maximized revenue. Invariably, someone who paid ticketmaster $5K will be sitting next to someone that paid Ticketmaster $500.
I guess I don't really have a problem with this...unless the government is somehow propping up their scheme. If that's the case, then frick 'em.
Posted by TIGERSTORM
parts unknown
Member since Feb 2009
4787 posts
Posted on 7/23/22 at 8:46 am to
My biggest problem with this is if Ticketmaster is artificially limiting the amount of tickets and then saying the demand is high so the prices are high. I'm not positive that's what is happening but I have read that is what is happening.

I was part of the verified fan sale for Dallas yesterday, I was in the waiting room 10 minutes before the sale started and when it officially opened there were 2000+ people ahead of me. I remembered that the Houston show wasn't doing the verified fan thing and tickets were through a company called Axs. I opened another window, bought 2 tickets and created an account and then switched back to Ticketmaster and there were still 1947 people ahead of me. When it was my turn the tickets shown were $2,000 to $800. I paid $315 total for 2 in Houston.
Posted by Marciano1
Marksville, LA
Member since Jun 2009
19793 posts
Posted on 7/23/22 at 9:56 am to
Downbound Train is a great, great song.

But I'm not paying those prices to hear it live. I'll youtube it or just listen to the album.
Posted by Vandyrone
Nashville, TN
Member since Dec 2012
7850 posts
Posted on 7/23/22 at 10:08 am to
quote:

My biggest problem with this is if Ticketmaster is artificially limiting the amount of tickets and then saying the demand is high so the prices are high.


This is exactly what is happening and how Ticketmaster is trying to justify their inflated prices.
Posted by Big Scrub TX
Member since Dec 2013
38521 posts
Posted on 7/23/22 at 11:15 am to
quote:

I was part of the verified fan sale for Dallas yesterday, I was in the waiting room 10 minutes before the sale started and when it officially opened there were 2000+ people ahead of me. I remembered that the Houston show wasn't doing the verified fan thing and tickets were through a company called Axs. I opened another window, bought 2 tickets and created an account and then switched back to Ticketmaster and there were still 1947 people ahead of me. When it was my turn the tickets shown were $2,000 to $800. I paid $315 total for 2 in Houston.
About 3 years ago, I stopped buying tickets for any event more than 24 hours before the actual event, with the preferred strategy being to buy them as I'm walking up to the venue. It's almost always way better tickets at way better prices.
Posted by TIGERSTORM
parts unknown
Member since Feb 2009
4787 posts
Posted on 7/23/22 at 11:40 am to
This has been my standard practice for shows in Nola for a while. I bought Radiohead tix for less than $10 day of and U2 for $20. The only time I didn't in the last dozen years or so was The Rolling Stones. I just wasn't sure about the Houston market so I bit on these.
Posted by FredBear
Georgia
Member since Aug 2017
16951 posts
Posted on 7/23/22 at 12:14 pm to
It's wild how expensive some concerts have become. I have a ticket stub from a Van Halen concert in 1980.

The price: $7.50

One thing that may be worth trying, I've noticed that for a lot of shows that the StubHub price seems to drop as the event gets closer, that may not hold true everytime but it may be worth a look
Posted by Big Scrub TX
Member since Dec 2013
38521 posts
Posted on 7/23/22 at 12:24 pm to
quote:

This has been my standard practice for shows in Nola for a while. I bought Radiohead tix for less than $10 day of and U2 for $20. The only time I didn't in the last dozen years or so was The Rolling Stones. I just wasn't sure about the Houston market so I bit on these.
I did it for the Super Bowl this year too - that was taking a little bit of a risk because the profile of the starting ticketholders really is different than almost every other event. However, I did wait until Saturday mid-day to buy tix for the game on Sunday. As far as I could tell, they were about 75% cheaper than if I had tried to buy them right away.

I remember for LSU/Florida 2019, I bought them on StubHub while standing outside the stadium gates. Ended up with Stadium Clubs for like $75 each. That made me a true believer in the strategy.
Posted by Jfk Jr
Member since Jul 2022
591 posts
Posted on 7/23/22 at 2:31 pm to
The Boss>>>>>>>> some fat, irrelevant redneck that stirs up his low hanging fruit audience.
Posted by Saint Alfonzo
Member since Jan 2019
28369 posts
Posted on 7/23/22 at 3:54 pm to
quote:

The Boss>>>>>>>> some fat, irrelevant redneck that stirs up his low hanging fruit audience.

What fat, irrelevant redneck are you referring to? Whoever it is, I would buy a ticket for his show before ever buying one for Springsteen. Pretentious, leftist yankee dickbag that he is. Nothing worse than arrogant NJ liberals.
This post was edited on 7/23/22 at 3:56 pm
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