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re: CFPCG tickets prices coming down significantly
Posted on 1/4/18 at 2:53 pm to elposter
Posted on 1/4/18 at 2:53 pm to elposter
Well no shite. People simply aren't going to pay those idiotic prices. It's one thing to ask a price for something and gauge interest, it's another to get what you're asking. These prices will drop significantly. You start crazy high and drop until people actually buy tickets. Hell, I could ask a million for a ticket, that doesn't mean thats realistically what it's worth or what I'm going to actually get. People are fricking stupid and don't know business, period.
This post was edited on 1/4/18 at 2:54 pm
Posted on 1/4/18 at 2:58 pm to ImayGoLesMiles
quote:
Well no shite. People simply aren't going to pay those idiotic prices. It's one thing to ask a price for something and gauge interest, it's another to get what you're asking. These prices will drop significantly. You start crazy high and drop until people actually buy tickets. Hell, I could ask a million for a ticket, that doesn't mean thats realistically what it's worth or what I'm going to actually get. People are fricking stupid and don't know business, period.
Why do you assume people are stupid and don't understand this? Sounds like people are actually behaving in line with the economic theory you have laid out.
Posted on 1/4/18 at 3:34 pm to ImayGoLesMiles
quote:
Well no shite. People simply aren't going to pay those idiotic prices. It's one thing to ask a price for something and gauge interest, it's another to get what you're asking. These prices will drop significantly. You start crazy high and drop until people actually buy tickets. Hell, I could ask a million for a ticket, that doesn't mean thats realistically what it's worth or what I'm going to actually get. People are fricking stupid and don't know business, period.
Actually thousands of tickets have already sold on Stubhub for those "idiotic prices" Right after the Georgia win, the cheapest tickets were bought up from $2000 to about $2700 before more supply kicked in yesterday and today.
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