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Post by BØRNS on Nov 2, 2017 0:04:37 GMT -5
That's the thing... WWE thinks they can make it all up in one night, but the small shows that hold the company together and pay the bills each of the other 300 nights a year they struggle to fill. If they could try increasing the attendance to these shows by even 10% it'd blow their Mania figures out of the water. Get more people to go to the shows? That's too hard, lets just run a few more shows and raise the ticket prices. It worked last quarter *Live Events Live Event revenues increased 10% to $31.6 million from $28.6 million in the prior year quarter. Increased revenue from the staging of 14 additional events worldwide and an increase in average ticket prices was partially offset by a decrease in average attendance. There were 96 total events (excluding NXT) in the current quarter, consisting of 89 events in North America and 7 events in international markets, as compared to 82 events in the prior year quarter, including 71 events in North America and 11 in international markets. North American live event revenues increased 22% to $26.4 million primarily due to the staging of 18 additional events in North America and a 5% increase in average ticket price to $53.11. Partially offsetting this growth, average attendance declined 8% to approximately 4,900, due in part to changes in the mix of venues. International live event revenues were $5.2 million as compared to $7.0 million in the prior year quarter. The staging of four fewer events during the quarter and a 17% decline in average attendance to approximately 6,800 fans were partially offset by a 48% increase in average ticket price to nearly $107. The year-over-year changes in average attendance and ticket prices were due, in part, to changes in the mix of venues and territories. WWE is dumb... 48% increase in international ticket price?!? Wow they deserve low attendance. That's so F'd up.
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Post by BØRNS on Nov 2, 2017 0:22:28 GMT -5
Get more people to go to the shows? That's too hard, lets just run a few more shows and raise the ticket prices. It worked last quarter *Live Events Live Event revenues increased 10% to $31.6 million from $28.6 million in the prior year quarter. Increased revenue from the staging of 14 additional events worldwide and an increase in average ticket prices was partially offset by a decrease in average attendance.
There were 96 total events (excluding NXT) in the current quarter, consisting of 89 events in North America and 7 events in international markets, as compared to 82 events in the prior year quarter, including 71 events in North America and 11 in international markets. North American live event revenues increased 22% to $26.4 million primarily due to the staging of 18 additional events in North America and a 5% increase in average ticket price to $53.11. Partially offsetting this growth, average attendance declined 8% to approximately 4,900, due in part to changes in the mix of venues. International live event revenues were $5.2 million as compared to $7.0 million in the prior year quarter. The staging of four fewer events during the quarter and a 17% decline in average attendance to approximately 6,800 fans were partially offset by a 48% increase in average ticket price to nearly $107. The year-over-year changes in average attendance and ticket prices were due, in part, to changes in the mix of venues and territories. But if you put out a good product, offer reasonable tickets, it allows the show to sell out. Guess what, the more people you have the more merchandise you can sell as well. Very true, it's about getting people in the door. The more you have attend, the more they will share with their friends (social media for example), and the more excited they'll be for the product for the residual "high" the few weeks after the show. At least that's how I feel. Like you said, they'll sell more merch, food, etc. See more ads for upcoming things like movies, videogames, apps, ppv, etc.
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jakksking1
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Post by jakksking1 on Nov 2, 2017 6:46:08 GMT -5
WWE is making far more money now than they were when they had sold out arenas and a 9 Nielsen rating back In the late 90s. Why would they change their pricing? We live in a world where people will spend thousands of dollars to go to comicon and meet washed up old actors. A lot of entertainment is moving towards hardcore fans, which is what WWE is doing.
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Post by BØRNS on Nov 2, 2017 11:51:41 GMT -5
WWE is making far more money now than they were when they had sold out arenas and a 9 Nielsen rating back In the late 90s. Why would they change their pricing? We live in a world where people will spend thousands of dollars to go to comicon and meet washed up old actors. A lot of entertainment is moving towards hardcore fans, which is what WWE is doing. That may be true, but is it stable? I think for any business to be healthy, they need to attract new fans, and it seems most of the hardcore ones are the older fans who have been fans since the 90's or earlier. I don't think lots of fans (especially the PG audience) are lasting fans. Lots of younger people than me who watched in the mid 00's have fallen out of it, and do quickly in their late teen years. Where most companies go wrong is they focus on the short term gain and fail to acknowledge the long-term implications. WWE can squeeze as much out of their hardcore fans, and there may be a lot of them, but there will come a point where it will no longer be sustainable, and it will no longer be worth it to those fans, especially if the product does not command such a price (cutting pyro is a small example of this for why people may not bother to buy a ticket to a show - a "last straw" from a lacking product, higher ticket price, and growing inconvenience of attending Raw, like the 3 hour format with lots of down time). Just a thought...
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Post by bigshab421 on Nov 2, 2017 12:09:36 GMT -5
WWE is making far more money now than they were when they had sold out arenas and a 9 Nielsen rating back In the late 90s. Why would they change their pricing? We live in a world where people will spend thousands of dollars to go to comicon and meet washed up old actors. A lot of entertainment is moving towards hardcore fans, which is what WWE is doing. That may be true, but is it stable? I think for any business to be healthy, they need to attract new fans, and it seems most of the hardcore ones are the older fans who have been fans since the 90's or earlier. I don't think lots of fans (especially the PG audience) are lasting fans. Lots of younger people than me who watched in the mid 00's have fallen out of it, and do quickly in their late teen years. Where most companies go wrong is they focus on the short term gain and fail to acknowledge the long-term implications. WWE can squeeze as much out of their hardcore fans, and there may be a lot of them, but there will come a point where it will no longer be sustainable, and it will no longer be worth it to those fans, especially if the product does not command such a price (cutting pyro is a small example of this for why people may not bother to buy a ticket to a show - a "last straw" from a lacking product, higher ticket price, and growing inconvenience of attending Raw, like the 3 hour format with lots of down time). Just a thought... Bingo, but the problem is outside of Reigns and Lesnar, there is ZERO long term vision for any stars or superstars. Right now WWE is sitting on a gold mine but do not realize it. Strowman, Joe, Styles, Roode, Nakamura, Balor, etc... could be legit faces of the company at once if they just looked longterm and not sacrificed them at the expense of Brock or Reigns or Cena. I am a big supporter of an "All Star Cast" rather than "The Guy w/everyone else." Just makes more sense to have everyone be a main event threat, which makes the product more exciting. When you have a show where every guy has a purpose and things aren't super predictable, the fans will watch more, show up to more shows, buy more merch, etc....
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Post by BØRNS on Nov 2, 2017 13:04:50 GMT -5
That may be true, but is it stable? I think for any business to be healthy, they need to attract new fans, and it seems most of the hardcore ones are the older fans who have been fans since the 90's or earlier. I don't think lots of fans (especially the PG audience) are lasting fans. Lots of younger people than me who watched in the mid 00's have fallen out of it, and do quickly in their late teen years. Where most companies go wrong is they focus on the short term gain and fail to acknowledge the long-term implications. WWE can squeeze as much out of their hardcore fans, and there may be a lot of them, but there will come a point where it will no longer be sustainable, and it will no longer be worth it to those fans, especially if the product does not command such a price (cutting pyro is a small example of this for why people may not bother to buy a ticket to a show - a "last straw" from a lacking product, higher ticket price, and growing inconvenience of attending Raw, like the 3 hour format with lots of down time). Just a thought... Bingo, but the problem is outside of Reigns and Lesnar, there is ZERO long term vision for any stars or superstars. Right now WWE is sitting on a gold mine but do not realize it. Strowman, Joe, Styles, Roode, Nakamura, Balor, etc... could be legit faces of the company atevete if they just looked longterm and not sacrificed them at the expense of Brock or Reigns or Cena. I am a big supporter of an "All Star Cast" rather than "The Guy w/everyone else." Just makes more sense to have everyone be a main event threat, which makes the product more exciting. When you have a show where every guy has a purpose and things aren't super predictable, the fans will watch more, show up to more shows, buy more merch, etc.... Agreed, it seems WWE never learns. I always look back even in the recent years at what could have been. WrestleManias in particular have been thrown together so poorly, and if they would just find a way to fit things together, it would help so much. But yes, a strong main event scene is especially good. I think they're getting there, slowly, but their "master plan" with Reigns throws everything aside when you have so many good matchups (Bàlor vs. Lesnar, for Christ sake!). I think they've done right by the first crop of NXT call-ups, but I'm skeptical of the ones after WM32 especially since the brand split, because of the new restructuring of the rosters.
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jakksking1
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Joined on: Feb 2, 2011 14:45:41 GMT -5
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Post by jakksking1 on Nov 2, 2017 16:43:07 GMT -5
That may be true, but is it stable? I think for any business to be healthy, they need to attract new fans, and it seems most of the hardcore ones are the older fans who have been fans since the 90's or earlier. I don't think lots of fans (especially the PG audience) are lasting fans. Lots of younger people than me who watched in the mid 00's have fallen out of it, and do quickly in their late teen years. Where most companies go wrong is they focus on the short term gain and fail to acknowledge the long-term implications. WWE can squeeze as much out of their hardcore fans, and there may be a lot of them, but there will come a point where it will no longer be sustainable, and it will no longer be worth it to those fans, especially if the product does not command such a price (cutting pyro is a small example of this for why people may not bother to buy a ticket to a show - a "last straw" from a lacking product, higher ticket price, and growing inconvenience of attending Raw, like the 3 hour format with lots of down time). Just a thought... Bingo, but the problem is outside of Reigns and Lesnar, there is ZERO long term vision for any stars or superstars. Right now WWE is sitting on a gold mine but do not realize it. Strowman, Joe, Styles, Roode, Nakamura, Balor, etc... could be legit faces of the company at once if they just looked longterm and not sacrificed them at the expense of Brock or Reigns or Cena. I am a big supporter of an "All Star Cast" rather than "The Guy w/everyone else." Just makes more sense to have everyone be a main event threat, which makes the product more exciting. When you have a show where every guy has a purpose and things aren't super predictable, the fans will watch more, show up to more shows, buy more merch, etc.... Unfortunately we live in a world we're most people can't handle long term booking. YouTube generation, we want everything instantaneously. We just had a "Braun Strowman Returns!" angle on Raw. He missed 1 Raw.....
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ℍ𝕒𝕣𝕕 𝕋𝕠 𝕂𝕚𝕝𝕝
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Post by ℍ𝕒𝕣𝕕 𝕋𝕠 𝕂𝕚𝕝𝕝 on Nov 2, 2017 17:23:58 GMT -5
Make a new thread about WWE ticket pricing! I'm here to hype my trip to NOLA in April!
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Post by BØRNS on Nov 4, 2017 21:31:11 GMT -5
Make a new thread about WWE ticket pricing! I'm here to hype my trip to NOLA in April! How are you planning your trip?
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ℍ𝕒𝕣𝕕 𝕋𝕠 𝕂𝕚𝕝𝕝
Main Eventer
ask me about how Verizon owes me over $4,000
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Post by ℍ𝕒𝕣𝕕 𝕋𝕠 𝕂𝕚𝕝𝕝 on Nov 13, 2017 11:49:08 GMT -5
WrestleMania 34 Presale is on Wednesday, 11/15 at 11 EST.
Codes are TWEETS and WWEFAN
Edit - Another code: WWEPOST
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ℍ𝕒𝕣𝕕 𝕋𝕠 𝕂𝕚𝕝𝕝
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Post by ℍ𝕒𝕣𝕕 𝕋𝕠 𝕂𝕚𝕝𝕝 on Nov 13, 2017 17:37:33 GMT -5
Anyone know how presale on Ticketmaster works? I’ve never used it on that site and there isn’t a WrestleMania 34 page up yet on the TM site.
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jakksking1
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Post by jakksking1 on Nov 13, 2017 22:33:07 GMT -5
Anyone know how presale on Ticketmaster works? I’ve never used it on that site and there isn’t a WrestleMania 34 page up yet on the TM site. Ticketmaster is always a crapshow, lots of bots used by scalpers
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InKeD
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Post by InKeD on Nov 15, 2017 1:02:04 GMT -5
Going to take advantage of the presale tomorrow and purchase one individual for myself. This is going to be my first Mania. I"m curious as to how much I should be prepared to spend in order to sit in the risers just behind floor seating. Preferably within proportion to the ring. I have a budget of $1000 which I hope is more than enough, but I honestly don't know. Hopefully someone with more experience than I can point me in the right direction.
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Post by BØRNS on Nov 15, 2017 2:42:03 GMT -5
Going to take advantage of the presale tomorrow and purchase one individual for myself. This is going to be my first Mania. I"m curious as to how much I should be prepared to spend in order to sit in the risers just behind floor seating. Preferably within proportion to the ring. I have a budget of $1000 which I hope is more than enough, but I honestly don't know. Hopefully someone with more experience than I can point me in the right direction. WrestleMania in stadiums usually have field risers (centralized on the field; closer to the ring and slightly below where 100 level begins), and the legit 100 level. The centralized risers are more, maybe $500-600. But these have a good view, but the slope is very low, so it can be even easier to have your view blocked by tall people and/or signs (even signs from people in the front rows of ringside). Then there are the 100's, which should be about $300-500, but the potential distance and angle of your seat is more varied. The good thing is that the Mercedes Benz dome is indoors, and thus most likely won't have a "tent" with obstructions on the four corners. A $1000 budget should be more than enough to get you tickets in these sections, however, your challenge will be getting them off Ticketmaster. The central field risers are pretty much exclusive to travel packages, depending on how many they sell, because they're also reserved for family and friends of talent (which I was lucky enough to purchase through a WWE director who hooked us up for WM31). There will be many more level 100 seats, but again, those will probably be the ones most people are trying to get, and will be reduced to a lottery once they go on sale. Drop any other questions you may have before they go on sale and I can try to answer your questions. Good luck!
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InKeD
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Joined on: May 8, 2007 17:43:48 GMT -5
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Post by InKeD on Nov 15, 2017 4:41:47 GMT -5
Going to take advantage of the presale tomorrow and purchase one individual for myself. This is going to be my first Mania. I"m curious as to how much I should be prepared to spend in order to sit in the risers just behind floor seating. Preferably within proportion to the ring. I have a budget of $1000 which I hope is more than enough, but I honestly don't know. Hopefully someone with more experience than I can point me in the right direction. WrestleMania in stadiums usually have field risers (centralized on the field; closer to the ring and slightly below where 100 level begins), and the legit 100 level. The centralized risers are more, maybe $500-600. But these have a good view, but the slope is very low, so it can be even easier to have your view blocked by tall people and/or signs (even signs from people in the front rows of ringside). Then there are the 100's, which should be about $300-500, but the potential distance and angle of your seat is more varied. The good thing is that the Mercedes Benz dome is indoors, and thus most likely won't have a "tent" with obstructions on the four corners. A $1000 budget should be more than enough to get you tickets in these sections, however, your challenge will be getting them off Ticketmaster. The central field risers are pretty much exclusive to travel packages, depending on how many they sell, because they're also reserved for family and friends of talent (which I was lucky enough to purchase through a WWE director who hooked us up for WM31). There will be many more level 100 seats, but again, those will probably be the ones most people are trying to get, and will be reduced to a lottery once they go on sale. Drop any other questions you may have before they go on sale and I can try to answer your questions. Good luck! Thank you for taking the time out for that response. Touched on a lot of variables I never took into consideration. My main concern was the price - which sounds like I'm good in that aspect. As far as Ticketmaster goes; you're right. It's a frenzy. The last presale I was involved in was for the Royal Rumble this year. I jumped in as soon as it opened, set my search to the highest price, and was still bumped 19 rows back. It may just come down to dumb luck, but I'm leaning more towards the 100 section now since you made the point of the slope of the risers as well as it being an indoor stadium. Even if it's not central, I think it sounds like a safe bet for an unobstructed view that's not too far back. I could honestly sit in the back of the stadium blinfolded and have the time of my life, but obviously wanna make the best decision which you've aided in quite significantly. Thank you again and I hope you have an awesome time at Wrestlemania!
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Post by BulletV1 on Nov 15, 2017 11:30:35 GMT -5
Just got 3d tickets for section 155 row 19! I'm pretty excited this will be my 3rd Wrestlemania. Now I just need to buy Wrestlecon tickets, possible an Axxess VIP, Takeover, HoF, Raw, and Smackdown tickets. I'm thinking about going to the party thing Kevin Nash is hosting. $80 for unlimited drinks is a pretty damn good deal.
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ℍ𝕒𝕣𝕕 𝕋𝕠 𝕂𝕚𝕝𝕝
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ask me about how Verizon owes me over $4,000
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Post by ℍ𝕒𝕣𝕕 𝕋𝕠 𝕂𝕚𝕝𝕝 on Nov 15, 2017 16:19:50 GMT -5
I upgraded to the 3D collectors tickets. Section 143, seat 1-2 in row 25. I’m very very happy with the tickets I was able to score. Ticketmaster was not half as bad as people made me think going into this presale! I did not think I would be able to get my target seats in the 143/144/145 sections, but it worked out! If anyone is interested, I paid $809 for two collector’s edition tickets shipped for my seats.
Wooooo!!
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Post by c-scope on Nov 15, 2017 17:03:37 GMT -5
What are these 3D collectors tickets you guys are talking about? Hope I get them with my package.
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ℍ𝕒𝕣𝕕 𝕋𝕠 𝕂𝕚𝕝𝕝
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ask me about how Verizon owes me over $4,000
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Post by ℍ𝕒𝕣𝕕 𝕋𝕠 𝕂𝕚𝕝𝕝 on Nov 15, 2017 17:07:36 GMT -5
What are these 3D collectors tickets you guys are talking about? Hope I get them with my package. It just gave the option to upgrade for $25 to get a collector’s 3D hologram ticket, probably with the event poster printed on it. I don’t know if they did that last year, too, but when I got my WM33 travel package, I just got regular printed tickets.
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Post by c-scope on Nov 15, 2017 17:11:27 GMT -5
What are these 3D collectors tickets you guys are talking about? Hope I get them with my package. It just gave the option to upgrade for $25 to get a collector’s 3D hologram ticket, probably with the event poster printed on it. I don’t know if they did that last year, too, but when I got my WM33 travel package, I just got regular printed tickets. yeah I didn't hear anything about it last year and mine were just normal too that's why I said I'm hoping they come with my package. I'm interested to see what the look like.
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