4 ms·
OT: it drives me crazy that yield management is not applied to events. If you have only sold half the tickets for your concert, reduce the remaining tickets. hn
by netrus 11y ago
OT: it drives me crazy that yield management is not applied to events. If you have only sold half the tickets for your concert, reduce the remaining tickets. hn, do something!
- notahacker 11y agoIf they did yield management properly at events which tend to sell out they'd also be able to capture ticket scalpers' potential profits rather than attempting overly elaborate ID schemes to prevent ticket resale. Not sure that many people would be thankful for higher ticket prices, but some of them might prefer that rather than having to buy tickets within an hour of them going on sale via a booking platform that struggles to cope with the traffic spike.
- madcaptenor 11y agoI used to work for a ticketing company. I know some Major League Baseball teams were making efforts at "dynamic pricing" which was basically yield management. Some ticket brokers do this as well.