Why is he a tool? He is accurate.
I seriously considered selling all 7 of my tickets this year to the highest bidder to make a killer profit. I was going to go to Frisco next year when demand and prices are lower. I don't see JMU. SDSU, Sam Houston State making it there next season so I don't think sellers will get as much next year.
There will be a higher supply of tickets next year with less demand, which equals lower prices. That is free market capitalism at its finest.
Looking good Billy Ray!
When $70 tickets are reselling for $300-400, the bottom line is that the NCAA fucked up and left a lot of money on the table. On top of that, casual fans have been priced out which limits any potential growth of the FCS brand. This game is bigger than Frisco and needs to be in a bigger stadium. Period.
Yep. Here is what it says on my email from the NCAA
Order Date: 8/24/2017 10:01:43 AM
I bought 4 tickets for $335 total for myself, my friend and his parents. I didn't get a dime back until those tickets were usable, yesterday. So 4 months ago I paid a bunch of money for something I didn't even know had value until today.
¯\_(ツ)_/¯
[QUOTE=td577;1251690]I didn't buy as many as I usually do. While I didn't lose money last year, the experience made me a little nervous. I do know when I bought tickets this year, it wasn't like I bought the last one's available. There were still hospitality packages available up to around a month ago. I am not going to lie. I made a ridiculous amount of money this year on my extra tickets and could have priced them higher. They were bought will I was still sitting in the Fargodome in the 3rd quarter.
You are right, those A-holes accepted all the risk. This can also be a learning experience. There is no such thing as scalping a luxury item. That is a misnomer. No one "needs" these tickets. They are a luxury item people can and will live without. If it were gas or food during a time of great shortages, that would be scalping. Most jurisdictions now recognize this and have eliminated laws restricting selling of tickets for more than face value. There is no fear of the NCAA wanting anything different because they are making money every time the same tickets change ownership. They made money the first time they were sold and every time they are electronically sold through a site like Flash. They are making a killing on the same tickets while accepting pretty much zero risk. They can slide way under market value with their face value because they will recapture market value later if it goes up. The only trick here is what should be face value so the venue sells out. They can still probably go a little higher yet but they are counting on people buying more and reselling. You can't do that if you place face value at true market value.[/QUOTE
Good post. Totally agree.
[QUOTE=bisonfanette;1251741]But how many people actually buy tickets at these prices? They are for sale but do they transact.
You may have people that want to go and see these prices and say I’m not going. Thus the demand starts to drop
The market should start to flush itself out next week as ndsu allocations are allotted.
[QUOTE=kab1one;1251744]
I guess if we could and this is asking a lot is have a discussion and pass information along as to what amount paying are buying and selling game tickets for. If you made a windfall, great, that is your choice, it you paid $300 a ticket because you can and want to go, more power for you. I just find it interesting in situations like this or concerts would the ticket prices fluctuate. I was involved in a Super Bowl Ticket presentation last summer, where the Vikings rolled out a bunch of packages. They were expensive. But in past week or so the Super Bowl organization is back with new "repriced" packages with more perks (Pink Concert Tickets was an add on), that tells me they did not sell the original packages at the high prices.
Frisco is the same, the market is the market. I think it will be good to keep the information flowing.
Another item to note. Anyone notice the cost of travel to Dallas? I haven't been in 3 years. But plane ticket prices seem to be double from Fargo (I actually booked before the Wofford Game), the NDSU package through Travel Inc is substantially higher than 3 years ago.
I know American doubled and in one case tripled the cost of the ticket I had booked after Friday's win. That could be that last 2 seats were left.
All thoughts would be appreciated.