(10-11-2014, 09:28 AM)81alum link Wrote:[quote author=BobK link=topic=10858.msg101838#msg101838 date=1413043465]That is what I concluded. I didn't decide to go to the game until a couple of hours beforehand, and found thousands of cheap tickets on StubHub. Many of the tickets were in very large blocks--meaning I suppose that someone bought up large blocks of the cheap seats for resale purposes. Most of those blocks remained unsold--I bought 1 ticket from a block of 30, and I do not think any of the other 29 were occupied.
FB and MBB report tickets sold not attendance, by rule as the refs say. Of course no real refs present last night. >:(
Students bought 5,800 tix, amazing.
So someone (someones?) bought a few thousand cheap tickets and resold only a small fraction of them. Those would show up as "sold" but they were really unused merchandise that a middleman got stuck with.
It does make me wonder how Stanford Athletics sells block tickets. There were literally thousands of tickets on Stubhub for far less than the lowest price you could buy a ticket at the ticket office. The internet age seems to be wreaking havoc on the ticket sale count.
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Would be interesting if Stanford were the middleman, no? Sort of a different approach to dynamic pricing...one "official" price at the box office, and Stanford also gets the lower-revenue, stubhub revenue, all while proving 44,000 tix sold with 37,500 attendees(WAG).
Audaces fortuna iuvat
