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why isnt anybody coming in my arena ?

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This Post:
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210238.10 in reply to 210238.5
Date: 2/21/2012 9:10:35 AM
Overall Posts Rated:
9191
that training planner is questionable, but helpful nevertheless. If my attendance is above the exponential line, why would I change to the "optimal" cost?
What's "r2" in the formula? Why is it "1.500", is it something different to "1.5"?
Thanks!

This Post:
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210238.11 in reply to 210238.10
Date: 2/21/2012 12:09:29 PM
Overall Posts Rated:
1010
Youre over my head now. Im not so good with the formulas and such. I do know that the optimal cost is the point at which your prices and attendance bring you the most profit. So although raising your prices a bit may bring less fans, you may make more money depending on what your prices are.

This Post:
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210238.12 in reply to 210238.10
Date: 2/21/2012 12:56:07 PM
Overall Posts Rated:
573573
Well, if your attendance is consistently above the line then no, you wouldn't decrease your prices to the optimal level.

But the line is simply based on the average of all the sampled games where teams had that indicated ticket price. In that sense it's a pretty conservative estimate of optimal ticket pricing. Obviously the attendance is dependent on everything in the fan survey, and also whether you just promoted/demoted, so there will be cases when you should choose a price point higher or lower than the "optimal" cost.

I found it very useful for setting prices as I promoted into a new league this season. In this case, I looked at the higher end of the actual attendance figures, and set my prices accordingly. Also, in the past I've used it when I know will upgrade my arena in a time frame sooner than the next ticket adjustment price. In that case, I've set my prices so that I will be near sell out levels once the upgrade is completed.

As for the r2, that is the correlation coefficient for the fit of the data to the equation at the left of the (r2). As for 1.500, it's probably not meant as anything important.

This Post:
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210238.13 in reply to 210238.12
Date: 2/22/2012 7:27:09 PM
Overall Posts Rated:
9191
Thank you! I have another question - Do fans react to league or division average? In other words, can a team with a larger arena damp the ticket prices for the league?

This Post:
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210238.14 in reply to 210238.13
Date: 2/22/2012 7:40:26 PM
Overall Posts Rated:
573573
Hmm, I've never heard anyone suggest that, and I've never personally seen anything to suggest it. But honestly I don't follow other peoples' arena pricing closely enough.

Do you suspect something like that is happening?

From: yodabig

This Post:
22
210238.15 in reply to 210238.14
Date: 2/23/2012 12:44:57 AM
Overall Posts Rated:
14651465
why isnt anybody coming in my arena ?


You need hotter cheerleaders, Barry White music instead of We Will Rock You, Private Booths, low lighting and a free Viagra with every lower tier seat.

From: Coach_D

This Post:
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210238.16 in reply to 210238.15
Date: 2/23/2012 1:24:11 AM
Overall Posts Rated:
7373
if you're players play poor there's no cheerleader that can atract them except if theyre playing in strip club

From: Lucifer

This Post:
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210238.17 in reply to 210238.15
Date: 2/23/2012 1:12:01 PM
Overall Posts Rated:
108108
lol +1 Viagra......... nice one........

"Falling in love is not at all the most stupid thing that people do but gravitation cannot be held responsible for it."
This Post:
11
210238.18 in reply to 210238.15
Date: 2/23/2012 4:08:21 PM
Overall Posts Rated:
1212
Selling beer and giving free entrance to women might be a good idea as well =)

This Post:
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210238.19 in reply to 210238.1
Date: 3/1/2012 2:01:09 PM
Overall Posts Rated:
455455
Your prices are likely too high for your division. Look at other US D4 teams and see where their ticket prices are at.

Also, what level is your PR guy?

This Post:
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210238.20 in reply to 210238.19
Date: 3/1/2012 6:04:19 PM
Overall Posts Rated:
22
lv1 I cant afford one right now im in debt :(

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