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Einstein

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Everything posted by Einstein

  1. They dissolved PSE, many rumors of them trying to sell the Sabres on the low, and now they are putting 1/4 of their only valuable sports team on the market. Something is going on (hint: PSL sales are not going too well).
  2. The Bills and/or Erie Co share the blame in this. Why would you hire a company to install in-seat heating that has never done it before?
  3. Yes that’s exactly what I meant. The heaters in the seat didn’t work. I love the radiant heating.
  4. Sounds like we agree? Not sure what you mean by “no it’s not”?
  5. I love the radiant heating. It is plenty for me personally.
  6. The in-seat heating didn't last long in the current clubs. It was pretty awful.
  7. Josh Allen would own us if he was on the Chiefs and we had Mahomes. QB is not why we are 0-3 against the Chiefs in the playoffs.
  8. The anchoring effect in action! Very cool to see. For those who don’t know, this is a cognitive bias effect that we see wherein people rely heavily on the first piece of information offered (the “anchor”) when making decisions. In your example, the initial price of $20,000 sets the anchor. When the price is then reduced to $15,000 (closer to the endzone), this reduced price seems cheap in comparison to the anchor. However, if the “cheap” price was shown first, then it would have been seen as high (since it would be the anchor). We use the anchoring effect a lot in negotiations to influence the other parties perception of price fairness. Congrats on the tickets. Whether others think it’s a good deal, bad deal, or fair deal, you now have a spot in the new stadium and that’s pretty cool regardless.
  9. They are reducing prices already? If you can link a single instance of this ever happening I will Venmo you $500. I *really* want to see these other posters that are posting equations. I’m missing out on my type of folks! Delayed until the 28th. And moved to Delhi instead of Mumbai. Bummer. People should pay whatever they feel is right for them. I’ve paid several hundred dollars for bottles of wine at a restaurant that I could purchase for $80 online. But the experience of drinking it at the restaurant, with friends and/or colleagues, in that atmosphere, was worth it to me. As long as people understand what they are doing (the opportunity cost, the consequences, the benefits, etc) then have at it.
  10. In your mind, a 1990's Bills Playoff game = Regular season game in December after the team had lost 3 of our last 5 games? It was a regular season December game. Not a playoff game. I don't see the correlation. I’m sorry that you mispriced your tickets for night games. I never said you can't afford PSL's - I said PSL's will sell at a lower percentage rate as the team moves on to areas where fans with less income typically sit. In a completely separate conversation I spoke about how night games sold well. Those were two separate conversations not meant to be correlated. Your inability to follow the conversation is not my fault. To be honest, I think what is actually happening is that you are taking my analysis of the PSL situation to heart, as a personal affront to you. I assure you that it wasn't meant that way. I'm not judging your decision to purchase. Not at all. I didn't intend to hurt your feelings. I simply give my thoughts and that's it. You have every right to purchase a PSL and enjoy it. I hope you do. You can ignore me if you'd like - I wont take offense.
  11. Trust me - I totally get it. Only games you deem as non-worthy night games count for your blanket rule of "night games don't sell well". September doesn't count. December doesn't count. Playoff games don't count (although you previously said that playoff games don't sell well). I could post 3 more examples and it wouldnt matter.
  12. Playoff games aren't played in December... That was a game played when we were 7-5, coming off 3 losses in our last 5 games.
  13. Let me guess - December dosn't count either.
  14. Titans game where we smashed them. What price did you set the tickets at? The vast majority do not do either of these things. You're falling into the trap of "I do these things, therefore others do as well". It's an easy trap to fall into. There was a study done last year that showed that more than half of America has ZERO saved for retirement. Literally 0. Nothing. Zip. Nada. And they certainly are not saving for college education either. My good friend worked for a car dealership. He would often tell stories of people on welfare and food stamps that would arrive and request to test drive a vehicle with a $500 per month payment. Sometimes he even got them approved (I believe with some smudging of numbers). They happily drove off. People have no problem spending $89 per month for Bills seasons.
  15. If that was the only payment, yes. But you're forgetting - it will be the PSL payment, PLUS the season ticket payment. A PSL payment of $200 is double what they spend on seasons right now, and the season ticket payment will likely go up by at least 50% as well. In essence, we are talking about a 3x increase in cash outlay. Another place where price sensitivity will come into play with lower earners is the down payment required. I saw one person was quoted a down-payment of $8,000. I don't know the terms, but that surprised me and is likely where the lower earners will struggle (ie: see my comments on elasticity of demand).
  16. Then you are either charging too much or are in the wrong section. My night games sold like hot-cakes. I kicked myself for not pricing them higher because they were gone so quickly. NOTE: The exception to this is Thursday night games. Those suck. I do watch some other STH's on Ticketmaster just sit on their tickets though. And it's almost always because they have them priced at something stupid like $700 per ticket. Of course they aren't selling at that price.
  17. Are you under the impression that it is $1,100 per MONTH? It's not. The 300-level is (on average - sections vary) 9 monthly payments of $89 per month. The 100 level is on average 9 monthly payments of $122 per month. Therefore if you wanted to use a monthly budget, it would be $3,200/mo take home, with $3,111 left after budgeting the seasons in the 300's, and $3,078 leftover in the 100's. Yeah, they are.
  18. Yep. If it’s a night game, you may only have to sell 2.
  19. The take home pay of $150,000 is $9,400/month. $3,000 per ticket is 1/3 of their monthly take home pay. See a similarity here? Again, this is all on purpose. The Bills (and other teams) calculate these prices for the exact reason i’m showing home.
  20. I always wondered how teams would even begin attempting to enforce a ban. How would you identify a banned person out of 70k?
  21. This guy is the President of a hedge fund, of course.
  22. Club season tickets are ~$3,000 per ticket. That is 2% of a $150k annual family income. 100-level season tickets are ~1,100 per ticket. That is 2.2% of a $50k annual family income. 300-level season tickets are ~$800 per ticket. That is 1.4% of a $50k annual family income. This is not an accident. It's by design. The Bills price each level to appeal to the demographic. The % of income is near-identical but there are FAR more 300 level and 100-level seats than club seats. So yeah, I would be shocked if the average current season ticket holder was not around the median income level of the Buffalo region. Not sure if you looked around the fans at a Bills game, but it's not 70,000 neurosurgeons, corporate executives and scientists. PS, there is also a reason why season ticket renewal date is March 15th (hint).
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