Hello There, Guest! (LoginRegister)
Open TigerLinks
 

Post Reply 
Creating the perception of a sold out liberty bowl
Author Message
Bookmark and Share
AlonsoWDC Offline
Heisman
*

Posts: 7,301
Joined: Sep 2015
Reputation: 485
I Root For: Memphis
Location: East Memphis
Post: #41
RE: Creating the perception of a sold out liberty bowl
Dude there hasn't been a football game at LBMS that was not either a Tigers game, the bowl game itself, or the SHC in over twenty years.

No one wants to play a neutral-site game at LBMS.

They want NFL venues for those.
09-11-2019 11:01 PM
Find all posts by this user Quote this message in a reply
geosnooker2000 Offline
I got Cleopatra in the basement
*

Posts: 19,908
Joined: Aug 2006
Reputation: 739
I Root For: Tiger Football
Location: Somerville, TN
Post: #42
RE: Creating the perception of a sold out liberty bowl
(09-11-2019 10:40 PM)I_LUV_MEMPHISTIGERS Wrote:  If you're averaging 15-20k empty seats, give them away for free. Consider those seats loss leaders like a retailer or gas station does for other products. Offer Vendor discounts, access to the Highland Hundred tent, etc. Build the demand. $10 to $1 isn't going to make any difference in the price point demand beyond offering them for Free.

They're just sitting there empty regardless, there is perceived market value demand on TV for filling those seats for the cameras. Build up that perceived demand on camera, build up the demand for the product to fill those free empty seats, then start charging for those free empty seats after demand for them is there.

I think this warrants some consideration. I don't know about the "totally free" part, but you are right. Seeing a full stadium on TV will make more people want to be there. I say a min. of $5 tix. an extra 10K in attendance @ $5 per is an extra $300,000 per season. That's not chump change. And it could incrementally grow over the next few years to a respectable amount.
09-11-2019 11:06 PM
Visit this user's website Find all posts by this user Quote this message in a reply
geosnooker2000 Offline
I got Cleopatra in the basement
*

Posts: 19,908
Joined: Aug 2006
Reputation: 739
I Root For: Tiger Football
Location: Somerville, TN
Post: #43
RE: Creating the perception of a sold out liberty bowl
(09-11-2019 11:01 PM)AlonsoWDC Wrote:  Dude there hasn't been a football game at LBMS that was not either a Tigers game, the bowl game itself, or the SHC in over twenty years.

No one wants to play a neutral-site game at LBMS.

They want NFL venues for those.

You may be right... but something is nagging me in the back of mind about Tennessee wanting to take any opportunity they can to upstage us, since we are now seen as the best football program in the state.
09-11-2019 11:09 PM
Visit this user's website Find all posts by this user Quote this message in a reply
I_LUV_MEMPHISTIGERS Offline
All American
*

Posts: 2,813
Joined: Nov 2013
Reputation: 150
I Root For: Memphis
Location: Memphis
Post: #44
RE: Creating the perception of a sold out liberty bowl
(09-11-2019 10:53 PM)memtigbb Wrote:  Giving tickets to local youth football teams is a great idea IMO. Give them the unwanted tickets that people want to tarp. Build fans for future generations.

I was thinking along those lines. Offer free tickets for local Youth and parents at Row 200+, or wherever the 20k -30k empty seats average. If we can earn a few bucks on Tiger Lane from them tailgating, it's an investment with a positive NPV. But it's building a future fan base for Tiger Football to either play for the Tigers or fill those empty seats.
09-11-2019 11:10 PM
Find all posts by this user Quote this message in a reply
WiseMan Away
Special Teams
*

Posts: 970
Joined: Apr 2019
Reputation: 3
I Root For: UofM
Location:
Post: #45
RE: Creating the perception of a sold out liberty bowl
(09-11-2019 09:36 PM)poppaslaw Wrote:  
(09-11-2019 08:31 PM)WiseMan Wrote:  
(09-11-2019 05:02 PM)poppaslaw Wrote:  
(09-11-2019 02:25 PM)DDrum1961 Wrote:  
(09-11-2019 11:57 AM)Briskbas Wrote:  Tarp the upper bowl. We shouldn't be trying to sell more than 42500 seats to most games, and we should be consolidating the fans that are there into fewer parts of the bowl. Take off the tarps when you're expecting way more demand.

It's the only sensible solution to most of our attendance problems.

Ditto .... Upper areas, both end zones; the use of tarps to reduce the available seats will definitely help ...

You do realize Sec 112 and 111 in the N endzone are pretty full each game and have some of the most die hard fans. They even got a nickname for 111. "The Claw".

I say tarp the chairbacks on the East side. They never show up for a game.

You don’t tarp prime, lower level seats. That would look as bad if not worse than half full seats.

We have several major problems: stadium is too big to create demand as is FedExForum; students don’t show up in either sport. In the 70s-early 80s we had 8-10k per game. We were given good seats on the home side 20-30 yard line but this generation is not as sports centric as previous were; the advent of all day TV of college football; the times of games.

I know TV pays big money for football but back in the day, homes games in football and basketball were always 7:30pm. Saturday date night for students. A lot of factors in play.

You rehang that TV yet?

If you, BWAjumper, and Snow White are going after someone, you really need something better than hanging a TV. It’s beyond pathetic. Good Lord!
09-11-2019 11:13 PM
Find all posts by this user Quote this message in a reply
WiseMan Away
Special Teams
*

Posts: 970
Joined: Apr 2019
Reputation: 3
I Root For: UofM
Location:
Post: #46
RE: Creating the perception of a sold out liberty bowl
(09-11-2019 10:40 PM)I_LUV_MEMPHISTIGERS Wrote:  If you're averaging 15-20k empty seats, give them away for free. Consider those seats loss leaders like a retailer or gas station does for other products. Offer Vendor discounts, access to the Highland Hundred tent, etc. Build the demand. $10 to $1 isn't going to make any difference in the price point demand beyond offering them for Free.

They're just sitting there empty regardless, there is perceived market value demand on TV for filling those seats for the cameras. Build up that perceived demand on camera, build up the demand for the product to fill those free empty seats, then start charging for those free empty seats after demand for them is there.

Yea, give them away and see what season ticket holders paying over $400 per seat do next year.
09-11-2019 11:15 PM
Find all posts by this user Quote this message in a reply
I_LUV_MEMPHISTIGERS Offline
All American
*

Posts: 2,813
Joined: Nov 2013
Reputation: 150
I Root For: Memphis
Location: Memphis
Post: #47
RE: Creating the perception of a sold out liberty bowl
(09-11-2019 11:06 PM)geosnooker2000 Wrote:  
(09-11-2019 10:40 PM)I_LUV_MEMPHISTIGERS Wrote:  If you're averaging 15-20k empty seats, give them away for free. Consider those seats loss leaders like a retailer or gas station does for other products. Offer Vendor discounts, access to the Highland Hundred tent, etc. Build the demand. $10 to $1 isn't going to make any difference in the price point demand beyond offering them for Free.

They're just sitting there empty regardless, there is perceived market value demand on TV for filling those seats for the cameras. Build up that perceived demand on camera, build up the demand for the product to fill those free empty seats, then start charging for those free empty seats after demand for them is there.

I think this warrants some consideration. I don't know about the "totally free" part, but you are right. Seeing a full stadium on TV will make more people want to be there. I say a min. of $5 tix. an extra 10K in attendance @ $5 per is an extra $300,000 per season. That's not chump change. And it could incrementally grow over the next few years to a respectable amount.

Not a lecture, but I learned studying Economics about price resilience. I paid $80 a few years ago and now I'm paying $350 for Season tickets. They've priced me out of the market. It doesn't make Economic sense any longer to just buy individual tickets and sit among the 20+k empty seats
(This post was last modified: 09-11-2019 11:35 PM by I_LUV_MEMPHISTIGERS.)
09-11-2019 11:33 PM
Find all posts by this user Quote this message in a reply
I_LUV_MEMPHISTIGERS Offline
All American
*

Posts: 2,813
Joined: Nov 2013
Reputation: 150
I Root For: Memphis
Location: Memphis
Post: #48
RE: Creating the perception of a sold out liberty bowl
(09-11-2019 11:15 PM)WiseMan Wrote:  
(09-11-2019 10:40 PM)I_LUV_MEMPHISTIGERS Wrote:  If you're averaging 15-20k empty seats, give them away for free. Consider those seats loss leaders like a retailer or gas station does for other products. Offer Vendor discounts, access to the Highland Hundred tent, etc. Build the demand. $10 to $1 isn't going to make any difference in the price point demand beyond offering them for Free.

They're just sitting there empty regardless, there is perceived market value demand on TV for filling those seats for the cameras. Build up that perceived demand on camera, build up the demand for the product to fill those free empty seats, then start charging for those free empty seats after demand for them is there.

Yea, give them away and see what season ticket holders paying over $400 per seat do next year.

Yeah, overprice demand for your product and see what season ticket holders like me do. I'm not spending $350 per seat and I'm buying individual tickets next season. I have 20-30k empty seats to choose from.
(This post was last modified: 09-11-2019 11:49 PM by I_LUV_MEMPHISTIGERS.)
09-11-2019 11:42 PM
Find all posts by this user Quote this message in a reply
tigergeorge55 Offline
Special Teams
*

Posts: 877
Joined: Jan 2012
Reputation: 32
I Root For: U OF M
Location:
Post: #49
Exclamation RE: Creating the perception of a sold out liberty bowl
(09-11-2019 07:31 AM)TigerTim Wrote:  Just avoid 11 AM and 3:30 starts in the first part of the season OR play an opponent people are willing to show up for.

This is one reason why it won't ever fill. I buy 4 season tickets and I attend every game regardless of the opponent. I don't want to get beat by Alabama or little sisters of the poor. I will go to see Memphis play Alabama but will not stay for the slaughter.
If we get into a P5 conference. the tickets will be overpriced and I will probably have to stay at home and watch on TV. Just have too many people in Memphis tha don't care about college football. I have people asking for tickets all the time and they own a business, just too cheap to buy a ticket unless its some team they want to see and then they won;t buy a ticket.
09-12-2019 03:14 AM
Find all posts by this user Quote this message in a reply
tigergeorge55 Offline
Special Teams
*

Posts: 877
Joined: Jan 2012
Reputation: 32
I Root For: U OF M
Location:
Post: #50
RE: Creating the perception of a sold out liberty bowl
(09-11-2019 02:25 PM)DDrum1961 Wrote:  
(09-11-2019 11:57 AM)Briskbas Wrote:  Tarp the upper bowl. We shouldn't be trying to sell more than 42500 seats to most games, and we should be consolidating the fans that are there into fewer parts of the bowl. Take off the tarps when you're expecting way more demand.

It's the only sensible solution to most of our attendance problems.

Ditto .... Upper areas, both end zones; the use of tarps to reduce the available seats will definitely help ...

Great Idea the 40 plus at the OLe Piss game was great.
02-13-banana
09-12-2019 03:20 AM
Find all posts by this user Quote this message in a reply
poppaslaw Offline
Memphian-American
*

Posts: 11,372
Joined: Oct 2007
Reputation: 1086
I Root For: TwitterBlockerz
Location: F-199 back n bidness

Donators
Post: #51
RE: Creating the perception of a sold out liberty bowl
(09-11-2019 11:13 PM)WiseMan Wrote:  
(09-11-2019 09:36 PM)poppaslaw Wrote:  
(09-11-2019 08:31 PM)WiseMan Wrote:  
(09-11-2019 05:02 PM)poppaslaw Wrote:  
(09-11-2019 02:25 PM)DDrum1961 Wrote:  Ditto .... Upper areas, both end zones; the use of tarps to reduce the available seats will definitely help ...

You do realize Sec 112 and 111 in the N endzone are pretty full each game and have some of the most die hard fans. They even got a nickname for 111. "The Claw".

I say tarp the chairbacks on the East side. They never show up for a game.

You don’t tarp prime, lower level seats. That would look as bad if not worse than half full seats.

We have several major problems: stadium is too big to create demand as is FedExForum; students don’t show up in either sport. In the 70s-early 80s we had 8-10k per game. We were given good seats on the home side 20-30 yard line but this generation is not as sports centric as previous were; the advent of all day TV of college football; the times of games.

I know TV pays big money for football but back in the day, homes games in football and basketball were always 7:30pm. Saturday date night for students. A lot of factors in play.

You rehang that TV yet?

If you, BWAjumper, and Snow White are going after someone, you really need something better than hanging a TV. It’s beyond pathetic. Good Lord!

IKR?
09-12-2019 10:07 AM
Find all posts by this user Quote this message in a reply
Hernando Hills Tiger Away
This is my best alias
*

Posts: 18,670
Joined: Feb 2004
Reputation: 916
I Root For: Memphis State
Location: 8 miles high

DonatorsFolding@NCAAbbsFolding@NCAAbbs
Post: #52
RE: Creating the perception of a sold out liberty bowl
(09-11-2019 11:13 PM)WiseMan Wrote:  
(09-11-2019 09:36 PM)poppaslaw Wrote:  
(09-11-2019 08:31 PM)WiseMan Wrote:  
(09-11-2019 05:02 PM)poppaslaw Wrote:  
(09-11-2019 02:25 PM)DDrum1961 Wrote:  Ditto .... Upper areas, both end zones; the use of tarps to reduce the available seats will definitely help ...

You do realize Sec 112 and 111 in the N endzone are pretty full each game and have some of the most die hard fans. They even got a nickname for 111. "The Claw".

I say tarp the chairbacks on the East side. They never show up for a game.

You don’t tarp prime, lower level seats. That would look as bad if not worse than half full seats.

We have several major problems: stadium is too big to create demand as is FedExForum; students don’t show up in either sport. In the 70s-early 80s we had 8-10k per game. We were given good seats on the home side 20-30 yard line but this generation is not as sports centric as previous were; the advent of all day TV of college football; the times of games.

I know TV pays big money for football but back in the day, homes games in football and basketball were always 7:30pm. Saturday date night for students. A lot of factors in play.

You rehang that TV yet?

If you, BWAjumper, and Snow White are going after someone, you really need something better than hanging a TV. It’s beyond pathetic. Good Lord!

Wizman, mimi and alonzo working on the three way, right?
09-12-2019 06:24 PM
Visit this user's website Find all posts by this user Quote this message in a reply
WiseMan Away
Special Teams
*

Posts: 970
Joined: Apr 2019
Reputation: 3
I Root For: UofM
Location:
Post: #53
RE: Creating the perception of a sold out liberty bowl
(09-12-2019 06:24 PM)Hernando Hills Tiger Wrote:  
(09-11-2019 11:13 PM)WiseMan Wrote:  
(09-11-2019 09:36 PM)poppaslaw Wrote:  
(09-11-2019 08:31 PM)WiseMan Wrote:  
(09-11-2019 05:02 PM)poppaslaw Wrote:  You do realize Sec 112 and 111 in the N endzone are pretty full each game and have some of the most die hard fans. They even got a nickname for 111. "The Claw".

I say tarp the chairbacks on the East side. They never show up for a game.

You don’t tarp prime, lower level seats. That would look as bad if not worse than half full seats.

We have several major problems: stadium is too big to create demand as is FedExForum; students don’t show up in either sport. In the 70s-early 80s we had 8-10k per game. We were given good seats on the home side 20-30 yard line but this generation is not as sports centric as previous were; the advent of all day TV of college football; the times of games.

I know TV pays big money for football but back in the day, homes games in football and basketball were always 7:30pm. Saturday date night for students. A lot of factors in play.

You rehang that TV yet?

If you, BWAjumper, and Snow White are going after someone, you really need something better than hanging a TV. It’s beyond pathetic. Good Lord!

Wizman, mimi and alonzo working on the three way, right?

Lets keep the forum clean. None of that kind of talk.
09-12-2019 07:32 PM
Find all posts by this user Quote this message in a reply
AlonsoWDC Offline
Heisman
*

Posts: 7,301
Joined: Sep 2015
Reputation: 485
I Root For: Memphis
Location: East Memphis
Post: #54
RE: Creating the perception of a sold out liberty bowl
(09-12-2019 06:24 PM)Hernando Hills Tiger Wrote:  
(09-11-2019 11:13 PM)WiseMan Wrote:  
(09-11-2019 09:36 PM)poppaslaw Wrote:  
(09-11-2019 08:31 PM)WiseMan Wrote:  
(09-11-2019 05:02 PM)poppaslaw Wrote:  You do realize Sec 112 and 111 in the N endzone are pretty full each game and have some of the most die hard fans. They even got a nickname for 111. "The Claw".

I say tarp the chairbacks on the East side. They never show up for a game.

You don’t tarp prime, lower level seats. That would look as bad if not worse than half full seats.

We have several major problems: stadium is too big to create demand as is FedExForum; students don’t show up in either sport. In the 70s-early 80s we had 8-10k per game. We were given good seats on the home side 20-30 yard line but this generation is not as sports centric as previous were; the advent of all day TV of college football; the times of games.

I know TV pays big money for football but back in the day, homes games in football and basketball were always 7:30pm. Saturday date night for students. A lot of factors in play.

You rehang that TV yet?

If you, BWAjumper, and Snow White are going after someone, you really need something better than hanging a TV. It’s beyond pathetic. Good Lord!

Wizman, mimi and alonzo working on the three way, right?

Get off my jock for once.

I'm not even in this conversation and you're still obsessed with me.
09-14-2019 12:46 AM
Find all posts by this user Quote this message in a reply
geosnooker2000 Offline
I got Cleopatra in the basement
*

Posts: 19,908
Joined: Aug 2006
Reputation: 739
I Root For: Tiger Football
Location: Somerville, TN
Post: #55
RE: Creating the perception of a sold out liberty bowl
(09-11-2019 11:33 PM)I_LUV_MEMPHISTIGERS Wrote:  
(09-11-2019 11:06 PM)geosnooker2000 Wrote:  
(09-11-2019 10:40 PM)I_LUV_MEMPHISTIGERS Wrote:  If you're averaging 15-20k empty seats, give them away for free. Consider those seats loss leaders like a retailer or gas station does for other products. Offer Vendor discounts, access to the Highland Hundred tent, etc. Build the demand. $10 to $1 isn't going to make any difference in the price point demand beyond offering them for Free.

They're just sitting there empty regardless, there is perceived market value demand on TV for filling those seats for the cameras. Build up that perceived demand on camera, build up the demand for the product to fill those free empty seats, then start charging for those free empty seats after demand for them is there.

I think this warrants some consideration. I don't know about the "totally free" part, but you are right. Seeing a full stadium on TV will make more people want to be there. I say a min. of $5 tix. an extra 10K in attendance @ $5 per is an extra $300,000 per season. That's not chump change. And it could incrementally grow over the next few years to a respectable amount.

Not a lecture, but I learned studying Economics about price resilience. I paid $80 a few years ago and now I'm paying $350 for Season tickets. They've priced me out of the market. It doesn't make Economic sense any longer to just buy individual tickets and sit among the 20+k empty seats

I can sympathize and empathize. But I think just one section over from me (I'm in 101) is the start of the "Fun-Zone" and I think you can get $120 season tickets there, or something close to that. IDK. There is SOMETHING affordable that doesn't suck too bad.
09-14-2019 01:50 AM
Visit this user's website Find all posts by this user Quote this message in a reply
DallasTiger Online
Heisman
*

Posts: 8,461
Joined: Feb 2004
Reputation: 377
I Root For: Memphis
Location: Frisco, Texas
Post: #56
RE: Creating the perception of a sold out liberty bowl
(09-11-2019 11:42 PM)I_LUV_MEMPHISTIGERS Wrote:  
(09-11-2019 11:15 PM)WiseMan Wrote:  
(09-11-2019 10:40 PM)I_LUV_MEMPHISTIGERS Wrote:  If you're averaging 15-20k empty seats, give them away for free. Consider those seats loss leaders like a retailer or gas station does for other products. Offer Vendor discounts, access to the Highland Hundred tent, etc. Build the demand. $10 to $1 isn't going to make any difference in the price point demand beyond offering them for Free.

They're just sitting there empty regardless, there is perceived market value demand on TV for filling those seats for the cameras. Build up that perceived demand on camera, build up the demand for the product to fill those free empty seats, then start charging for those free empty seats after demand for them is there.

Yea, give them away and see what season ticket holders paying over $400 per seat do next year.

Yeah, overprice demand for your product and see what season ticket holders like me do. I'm not spending $350 per seat and I'm buying individual tickets next season. I have 20-30k empty seats to choose from.

It has to do with the LAW OF ELASTICITY in Economics. You can actually increase the price...lose customers but...increase revenue at the same time.
Elasticity is a measure of a variable's sensitivity to a change in another variable. In business and economics, elasticity refers the degree to which individuals, consumers or producers change their demand or the amount supplied in response to price changes.
09-14-2019 10:39 AM
Visit this user's website Find all posts by this user Quote this message in a reply
geosnooker2000 Offline
I got Cleopatra in the basement
*

Posts: 19,908
Joined: Aug 2006
Reputation: 739
I Root For: Tiger Football
Location: Somerville, TN
Post: #57
RE: Creating the perception of a sold out liberty bowl
(09-14-2019 10:39 AM)DallasTiger Wrote:  
(09-11-2019 11:42 PM)I_LUV_MEMPHISTIGERS Wrote:  
(09-11-2019 11:15 PM)WiseMan Wrote:  
(09-11-2019 10:40 PM)I_LUV_MEMPHISTIGERS Wrote:  If you're averaging 15-20k empty seats, give them away for free. Consider those seats loss leaders like a retailer or gas station does for other products. Offer Vendor discounts, access to the Highland Hundred tent, etc. Build the demand. $10 to $1 isn't going to make any difference in the price point demand beyond offering them for Free.

They're just sitting there empty regardless, there is perceived market value demand on TV for filling those seats for the cameras. Build up that perceived demand on camera, build up the demand for the product to fill those free empty seats, then start charging for those free empty seats after demand for them is there.

Yea, give them away and see what season ticket holders paying over $400 per seat do next year.

Yeah, overprice demand for your product and see what season ticket holders like me do. I'm not spending $350 per seat and I'm buying individual tickets next season. I have 20-30k empty seats to choose from.

It has to do with the LAW OF ELASTICITY in Economics. You can actually increase the price...lose customers but...increase revenue at the same time.
Elasticity is a measure of a variable's sensitivity to a change in another variable. In business and economics, elasticity refers the degree to which individuals, consumers or producers change their demand or the amount supplied in response to price changes.

That whole paragraph above is why America sucks anymore. The fact that businesses pay more attention to "the law of elasticity" than providing a good quality product for a fair price, and just make what you make.... It's disgusting.
09-14-2019 07:46 PM
Visit this user's website Find all posts by this user Quote this message in a reply
DallasTiger Online
Heisman
*

Posts: 8,461
Joined: Feb 2004
Reputation: 377
I Root For: Memphis
Location: Frisco, Texas
Post: #58
RE: Creating the perception of a sold out liberty bowl
(09-14-2019 07:46 PM)geosnooker2000 Wrote:  
(09-14-2019 10:39 AM)DallasTiger Wrote:  
(09-11-2019 11:42 PM)I_LUV_MEMPHISTIGERS Wrote:  
(09-11-2019 11:15 PM)WiseMan Wrote:  
(09-11-2019 10:40 PM)I_LUV_MEMPHISTIGERS Wrote:  If you're averaging 15-20k empty seats, give them away for free. Consider those seats loss leaders like a retailer or gas station does for other products. Offer Vendor discounts, access to the Highland Hundred tent, etc. Build the demand. $10 to $1 isn't going to make any difference in the price point demand beyond offering them for Free.

They're just sitting there empty regardless, there is perceived market value demand on TV for filling those seats for the cameras. Build up that perceived demand on camera, build up the demand for the product to fill those free empty seats, then start charging for those free empty seats after demand for them is there.

Yea, give them away and see what season ticket holders paying over $400 per seat do next year.

Yeah, overprice demand for your product and see what season ticket holders like me do. I'm not spending $350 per seat and I'm buying individual tickets next season. I have 20-30k empty seats to choose from.

It has to do with the LAW OF ELASTICITY in Economics. You can actually increase the price...lose customers but...increase revenue at the same time.
Elasticity is a measure of a variable's sensitivity to a change in another variable. In business and economics, elasticity refers the degree to which individuals, consumers or producers change their demand or the amount supplied in response to price changes.

That whole paragraph above is why America sucks anymore. The fact that businesses pay more attention to "the law of elasticity" than providing a good quality product for a fair price, and just make what you make.... It's disgusting.
Of course, you know most large US companies are Publicly Traded and therefore they also have a responsibility to their stockholders to increase the profits of the company and the value of the stock. Those stocks are owned by employee pension plans, banks, individual investors, institutions and mutual funds. This would be one screwed up country if corporate executives said "screw the value of the stock....lets not increase profits and let's just let investors and the public take it in the shorts...we really don't care about them". And..those increased profits mean those companies pay more in taxes to the US Government and that means more money for government programs that benefit us all.
(This post was last modified: 09-14-2019 09:30 PM by DallasTiger.)
09-14-2019 09:28 PM
Visit this user's website Find all posts by this user Quote this message in a reply
WiseMan Away
Special Teams
*

Posts: 970
Joined: Apr 2019
Reputation: 3
I Root For: UofM
Location:
Post: #59
RE: Creating the perception of a sold out liberty bowl
(09-14-2019 09:28 PM)DallasTiger Wrote:  
(09-14-2019 07:46 PM)geosnooker2000 Wrote:  
(09-14-2019 10:39 AM)DallasTiger Wrote:  
(09-11-2019 11:42 PM)I_LUV_MEMPHISTIGERS Wrote:  
(09-11-2019 11:15 PM)WiseMan Wrote:  Yea, give them away and see what season ticket holders paying over $400 per seat do next year.

Yeah, overprice demand for your product and see what season ticket holders like me do. I'm not spending $350 per seat and I'm buying individual tickets next season. I have 20-30k empty seats to choose from.

It has to do with the LAW OF ELASTICITY in Economics. You can actually increase the price...lose customers but...increase revenue at the same time.
Elasticity is a measure of a variable's sensitivity to a change in another variable. In business and economics, elasticity refers the degree to which individuals, consumers or producers change their demand or the amount supplied in response to price changes.

That whole paragraph above is why America sucks anymore. The fact that businesses pay more attention to "the law of elasticity" than providing a good quality product for a fair price, and just make what you make.... It's disgusting.
Of course, you know most large US companies are Publicly Traded and therefore they also have a responsibility to their stockholders to increase the profits of the company and the value of the stock. Those stocks are owned by employee pension plans, banks, individual investors, institutions and mutual funds. This would be one screwed up country if corporate executives said "screw the value of the stock....lets not increase profits and let's just let investors and the public take it in the shorts...we really don't care about them". And..those increased profits mean those companies pay more in taxes to the US Government and that means more money for government programs that benefit us all.

And that’s why China can destroy our nation in months. We no longer make antibiotics here (cheaper there) and have outsourced over 60% of all prescription drug manufacturing to China. They can send us toxic drugs or stop selling them to us and a large part of our population becomes very ill or dies.

https://www.nbcnews.com/health/health-ca...y-n1052376
09-14-2019 10:18 PM
Find all posts by this user Quote this message in a reply
Post Reply 




User(s) browsing this thread: 1 Guest(s)


Copyright © 2002-2019 Collegiate Sports Nation Bulletin Board System (CSNbbs), All Rights Reserved.
CSNbbs is an independent fan site and is in no way affiliated to the NCAA or any of the schools and conferences it represents.
This site monetizes links. FTC Disclosure.
We allow third-party companies to serve ads and/or collect certain anonymous information when you visit our web site. These companies may use non-personally identifiable information (e.g., click stream information, browser type, time and date, subject of advertisements clicked or scrolled over) during your visits to this and other Web sites in order to provide advertisements about goods and services likely to be of greater interest to you. These companies typically use a cookie or third party web beacon to collect this information. To learn more about this behavioral advertising practice or to opt-out of this type of advertising, you can visit http://www.networkadvertising.org.
Powered By MyBB, © 2002-2019 MyBB Group.
MemphisTigers.org is the number one message board for Memphis Tigers sports.