Re: Butler Post Game Thoughts/Discussion
Originally Posted by
IndyBison
They don't drive demand, but they could contribute to perceived demand. If they think there is demand for tickets they will be as aggressive as possible in purchasing tickets. For example, let's say there are 20k tickets available for an event. If they feel the demand would be 40k they would try to buy as many as possible. Let's just say that number if 5k. Now let's say the actual demand at the original sale was 18k without the brokers and they were able to get 3k of the 5k they tried they now hold inventory. Then they go on the secondary market and list tickets for 3-4x the face value in hopes people will buy. But if the actual demand isn't above 19.5k they will end up dumping those tickets cheap or eating them. So I agree they don't drive demand but their activity could present as artificial demand.
If you’re the entity selling the tickets, how much do you care? You made your money and eliminated your risk.
I have the honor to be Your Obedient Servant - B.Aud
We all live in stories... It seems to me that a definition of any living vibrant society is that you constantly question those stories... The argument itself is freedom. It's not that you come to a conclusion about it. Through that argument you change your mind sometimes... That's how societies grow. When you can't retell for yourself the stories of your life then you live in a prison... Somebody else controls the story. - S. Rushdie