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Ticket reseller Stubhub experimented with price transparency ("all-in pricing") and discovered (unsurprisingly) that it reduced ticket sales.[1] That's why we'
by musicale 3y ago
Ticket reseller Stubhub experimented with price transparency ("all-in pricing") and discovered (unsurprisingly) that it reduced ticket sales.[1]
That's why we're stuck with junky surcharges and price dripping - to avoid price transparency that might reduce sales.
[1] https://money.com/stubhub-fees-all-in-ticket-prices/ https://money.com/stubhub-fees-all-in-ticket-prices/
- tombert 3y agoIt's efficacy wasn't ever something I questioned, I didn't think they would continue to do it if it wasn't effective. I'm sure there's some psychology to "once you're in the checkout phase you'll just pay the price even if you're annoyed", but it still feels pretty dishonest to me, and borderline false-advertising.
- stemlord 3y agoIt's simply a fuck you tax because they can, as they've monopolized the space
- tombert 3y agoYeah, I just think there should be a mandate for transparent pricing. I don't think that Ticketmaster/Livenation should be allowed to do the bait and switch pricing by tacking on an extra $30 + $3 charge at the end so that their prices initially appear a bit lower. And I also think that government should break them up.
- deleted 3y ago[deleted]
- musicale 3y agoFTC Proposes Rule to Ban Junk Fees https://www.ftc.gov/news-events/news/press-releases/2023/10/ftc-proposes-rule-ban-junk-fees https://www.ftc.gov/news-events/news/press-releases/2023/10/...
- deleted 3y ago[deleted]