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Post by icebreath on Sept 6, 2024 3:19:35 GMT -5
Of course it will blow over. People who paid the silly prices will get over it, the media will move on to the next scandal. Scandals dont stick anymore. People get bored quickly. No one will get refunded the difference coz it would set a precedent, and ticketmaster or greedy producers dont want that. They will probably quietly make a law about it, probably including a text on ticketmaster warning that prices will be higher if demand grows. That's it. The good thing to do for Oasis would be to lower the prices for the next tour, if any. I don't want a refund. I bought the tickets because i wanted to, even though TM's whole strategy played a big role into it. I only want to have the perks that premium tickets have with less money than i paid for my standard "In Demand" ticket. Isn't it fair, you'll say?
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Post by andymorris on Sept 6, 2024 3:20:54 GMT -5
Comparing what can be compared eg level of fame and market value, its still overpriced. Maine Road was 17, Knebworth was around 23 pounds in 96, the 2009 prices already took into account piracy and decline in album sales.
As you can see it was always gradual, those prices are just insane. And not justified. 94 prices at 5 pounds was before they were famous. Ticket prices have slowly but surely skyrocketed since livenation was created. Im not saying it should be 50 or 60. They are for the most of them, unjustified. Are you kidding me? Since 2009 till our days the decline in sales was probably bigger or as big due to streaming What album has Oasis for sale right now that will not be bought to justify high prices ? In 2009, the situation was : no streaming, but record sales on the decline and no one buying the digital format. DOYS still sold 1 million copies worldwide. for a declining band, that's not SO BAD. Actually, big bands are in a much better place now because their "hits" generate a lot of money (again, 2K A DAY for wonderwall only. Now probably even more). From the Guardian also : "Sales up more than 500%, while streaming of band's music on Spotify has also surged." Again, all the bands are not equal in the streaming era. Oasis used to make at most 3 or 4£ from each record sold. Most bands make 1 or 2£ (before tax) from album sales. There's also merchandising prices that have skyrockted. Noel also admitted that Oasis made much more money from publishing than album sales. I'm not doing the maths but really, there is absolutely no fucking excuses to those prices. You can turn it any side you want... Music business complaining about the decline of album sales is RECORD LABEL complaining, not artists. They didn't make that much in the first place. Its always been touring, merchandising, publishing. They will make 50 millions each, SO FAR. That means the brothers will pocket maybe twice as much with other dates.
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Post by standonit on Sept 6, 2024 6:12:34 GMT -5
You're never going to be able to give a range or estimate on dynamic pricing. That sorta flies against it being "dynamic." On that day tickets were going for $360. But on another day, with greater demand, they could have easily gone up to $1k. Edit: For instance, the demand for this tour was way bigger than even Oasis had suspected. So if they had put out an estimated bracket relative to the demand they were expecting before these tickets went on sale, that estimate and those brackets would've been wholly incorrect. Dynamic pricing isn't the weather, it's not something that can only be estimated. It obviously has caps and limits etc all set into the algorithm, and those will have been agreed with the promoter. They knew that prices would hit £350 (or whatever they went to) before 9am that day.
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Post by AubreyOasis on Sept 6, 2024 6:47:55 GMT -5
I would say at the very least bands using dynamic will have to advertise all prices up front and give potential price brackets it could rise too. So standing 135-360 if this gig had been advertised with dynamic in mind (Potentially allow for longer time window for people who get the 360 price to decide if can afford it vs being pressured to purchase in the small time window you have) if the outcome is anything like that I cant see many bands using it as the high price of the dynamic window will just turn people off getting tickets and the dynamic might not even kick in You're never going to be able to give a range or estimate on dynamic pricing. That sorta flies against it being "dynamic." On that day tickets were going for $360. But on another day, with greater demand, they could have easily gone up to $1k. Edit: For instance, the demand for this tour was way bigger than even Oasis had suspected. So if they had put out an estimated bracket relative to the demand they were expecting before these tickets went on sale, that estimate and those brackets would've been wholly incorrect. Dynamic pricing is not a fact of nature, it's an algorithm that Ticketmaster implements. Of course you can set limits, of course you can provide transparency about how it works and of course you can provide details about how many tickets go through dynamic pricing, what class of tickets, etc.
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Post by andymorris on Sept 6, 2024 7:31:19 GMT -5
Let put it this way
You have a plane to catch
- you go through security, no water allowed of course, and you dont have a empty bottle. - its an 11 hour flight and you know there will be limited drinks, only a couple of glasses. or they will be very expensive. And you are very thirsty because you didn't drink in hours. - at the counter, they ask for 5£ for a 20cl bottle of water.
> The plane departs in 20 minutes, and people around you are emptying the water stand, there's just a few bottles left.
Remember you are very, very thirsty and the stewardess will be annoyed if you ask for 10 glasses of free water.
> Do you buy the 5£ bottle ? Of course, maybe even two.
> Would you buy it if was 10, 20 or even 50 ? Pretty good chances you would.
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Post by scorpiosonic on Sept 6, 2024 10:27:22 GMT -5
Let put it this way You have a plane to catch - you go through security, no water allowed of course, and you dont have a empty bottle. - its an 11 hour flight and you know there will be limited drinks, only a couple of glasses. or they will be very expensive. And you are very thirsty because you didn't drink in hours. - at the counter, they ask for 5£ for a 20cl bottle of water. > The plane departs in 20 minutes, and people around you are emptying the water stand, there's just a few bottles left. Remember you are very, very thirsty and the stewardess will be annoyed if you ask for 10 glasses of free water. > Do you buy the 5£ bottle ? Of course, maybe even two. > Would you buy it if was 10, 20 or even 50 ? Pretty good chances you would. This happens all the time in clubs, water is expensive e.g. 15 euros for a bottle after a huge queue But imagine you got to the front and then found out it was 30 Almost everyone would talk shit about the bar, most would buy the water anyway, and some wouldn't Also, this isnt water, which you could die without, its oasis (a close 2nd)
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Post by resurrection89 on Sept 6, 2024 11:05:25 GMT -5
There is obviously a lot of pissed off big Oasis fans with this £358 dynamic pricing which is why I give Noel and Liam the benefit of the doubt on this now. There is no way they would’ve wanted this controversy straight after the epic news of the reunion we’ve all been waiting for. There is no way they’d want to piss their loyal fans off. They knew they’d be quids in anyway so I don’t think they’d risk their reputation for extra money.
Basically I just can’t see before the tickets went on sale the following conversation
TM/Ignition/ Debbie “Noel, Liam the tickets are £150 but they will rise to £350 without hardly any pre warning to the fan wanting a ticket. You will get more more money but you’re going to get loads of flack because of it”
Noel n LG “sod the fans. We’re only bothered about money, not our legacy. Yeah charge them £350”
I’m sad it’s happened but I think they are innocent in this and I hope we can all move on from this
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Post by Sadie on Sept 6, 2024 11:16:19 GMT -5
This perfectly exemplifies how people won't be satisfied no matter what they do, the only thing people will accept is if Ticketmaster agrees to refund the difference of their tickets
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Post by stardustez on Sept 6, 2024 11:52:07 GMT -5
You're never going to be able to give a range or estimate on dynamic pricing. That sorta flies against it being "dynamic." On that day tickets were going for $360. But on another day, with greater demand, they could have easily gone up to $1k. Edit: For instance, the demand for this tour was way bigger than even Oasis had suspected. So if they had put out an estimated bracket relative to the demand they were expecting before these tickets went on sale, that estimate and those brackets would've been wholly incorrect. Dynamic pricing is not a fact of nature, it's an algorithm that Ticketmaster implements. Of course you can set limits, of course you can provide transparency about how it works and of course you can provide details about how many tickets go through dynamic pricing, what class of tickets, etc. My belief is that dynamic pricing it’s just a name. There is no volatility, no price run, the price does not touch different levels (for example like in the stock exchange), doesn’t go 149-160-180-200….and so on until 350. No, they just thought they can make more money because of demand so they sell a few tickets at 149 and most at 350 that’s it.
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Post by blaskiboo on Sept 6, 2024 12:01:42 GMT -5
I don't know the ins and outs of it, but someone who works in that industry said in another forum that how it works is that a specified final portion of the standing/seated tickets are set at the higher price. And that only a small percentage of tickets for each gig would have been at the higher price. So regardless of queues etc, if you are in the last percentage of buyers being offered tickets you'll be left with the more expensive ones.
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Post by elephantstone93 on Sept 6, 2024 12:08:55 GMT -5
I don't know the ins and outs of it, but someone who works in that industry said in another forum that how it works is that a specified final portion of the standing/seated tickets are set at the higher price. And that only a small percentage of tickets for each gig would have been at the higher price. So regardless of queues etc, if you are in the last percentage of buyers being offered tickets you'll be left with the more expensive ones. I got through an 80,000 queue and the tickets were still £150. But nothing was showing up. Tried for about 10 mins then refreshed. Tickets then went up to the dynamic price and suddenly appeared. Refused to pay it.
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Post by mossy on Sept 7, 2024 6:11:25 GMT -5
Serious question: what did the promoters do for this tour?
It’s Oasis reforming. It didn’t need promoting. It sold itself out with the single announcement from Oasis themselves.
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Post by pernilou on Sept 7, 2024 12:42:50 GMT -5
The main issue I see with dynamic pricing is that right now you're probably better off getting tickets via Viagogo/Stubhub than on official resale channels: less hassle and comparable (possibly lower) prices:
"Fan" buys in-demand ticket at £495, resells on Ticketmaster for £535 (with fees) "Tout" grabs standard ticket at £150, lists on Stubhub for £500
Brilliant.
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Post by thespiderandthefly on Sept 9, 2024 17:50:54 GMT -5
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Goosey
Oasis Roadie
Posts: 179
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Post by Goosey on Sept 9, 2024 18:00:23 GMT -5
Serious question: what did the promoters do for this tour? It’s Oasis reforming. It didn’t need promoting. It sold itself out with the single announcement from Oasis themselves. Is this a serious question, or are you taking the mick?
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Post by andymorris on Sept 11, 2024 0:49:43 GMT -5
2 weeks, and... no one cares.
There was really no reason to not be Greedy
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ajito
Oasis Roadie
Posts: 315
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Post by ajito on Sept 11, 2024 15:24:11 GMT -5
Dynamic prices are not going to change, at least for now. Imagine Dragons are selling tickets for their concert in London and Ticketmaster continues using this method… I’m thinkin that Oasis is just delaying the sale of the new concerts at Wembley, so that everything calms down and they return with dynamic prices
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