Originally posted by Anton Newcombe:
Ok I have a scenario,
the white stripes annonce they are playing a 3000 seater venue in 10 weeks time.
TM decides to release all tickets on ebay. But it only releases 150 pairs of tickets every week. It does not tell people there are more tickets to be sold at the end of the first or subsequent allocations.
There will be massive demand for tickets amongst fans. Bidding wars break out and for the first three weeks people are getting gounged for over a $100 a ticket, some paying considerably more.
Is that a good way for a band to treat its fans and a good way for TM to generate money? The most ardent fans will be the ones paying the highest prices.
First, I think under the proposed plan, the band has to agree to it.
Second, of course the most ardent fans would pay the highest price, as the product has a higher value for them.