NeverBeatDaveHiggins said:
If the tickets are given out for non-reserved areas, then we're not just talking about the simple bums on seats spending money on refreshments, programme etc - we're also talking about parents who might bring their kids, especially since the kids will get in free. More bums on seats. On matchday, every empty seat - with a decent view - in the ground is lost revenue. The prices should be lowered across the board until every seat is filled. That's the way to make money.
I suppose you are hoping that all wll spend extra money on refreshments, programmes etc?
Setting ticket prices is a very hard game. The idea is not to sell them all out but to make the most money possible.
For example, if we charge kids £4 to get in, 3,000 might come along: £12,000. If we charge kids £1, 4,000 might come along: £4,000. A loss of £8,000. Same principle with adult tickets, only more money at stake.
Of course, you might get a few more adults to come along, bringing their children on a "day out". Let's say 200 at £12 each: £2,400. That is still a loss of £5,600.
(Obviously all these figures are just possibilities!)
To make more money, we'd need to sell a lot more drinks/programmes etc. How many of them would buy them? There is no certainty here at all, and when it comes to financial planning, the club needs to have financial certainty.
If the idea is to sell them out, we'd have to give tickets away or even pay people to come at the moment!
So while there is money to be made by selling out (from extra spending making up for the much lower ticket prices), the 2 problems that arise are
- would we make more money?
- could this be ascertained for purposes of financial planning?