Seat Confirmations - Week of Jan. 27

Ojamajoe

ajaxbro said:

TGIF is no longer just for Urkel.

I'm more of a Sabrina fan... epecially Salem!

CosmoCramer

How many refreshes have you done today?

tdawe

Lerxst1992 said:

PB11041 said:

Lerxst1992 said:

PB11041 said:

Saltzy23 said:

PB11041 said:

Saltzy23 said:

pbultimate said:

Saltzy23 said:

mcgruff10 said:

I don't understand why they don't release the ticket info to all since it seems like everything is in place.

It's absurd.

The F2F marketplaces should all be up as well.

There is literally no reason to keep waiting.  Not so that they know where they are sitting as much as opening up the marketplaces to allow people to start posting and buying if they are looking.

I do not understand why we need to wait until mid-late February to be able to buy any secondary tickets for any shows that are not NYC or CO.

Im being serious cause i’ve never heard of F2F until this yr. 

is it already in place for other acts or is it a new system they may be designing?

It's a new thing for me as well.  I'm pretty sure it's a new thing they are trying in general.  

I get the overall idea, even if I may disagree with it in many ways, but at least get the damn execution of it right. 

My personal belief is that if someone gets shut out of a show and is willing to pay market price to get in, they should be allowed to in a free market capitalist society, but I also understand that people are sick of people acquiring tickets SOLELY so that they can flip them and make a bundle of cash.

Having like 3 more weeks before these F2F marketplaces open up sucks one way or the other though.  

Just, why?

that is not how markets work, the buyer of goods is not the only determining factor in an economic system, the producer is allowed to set prices and adjust or not adjust based on their choice

I am a watch collector, and this same phenomenon takes place where certain models are so desirable and hard to find that secondary market prices exceed the MSRP.....and in some cases by a LOT.  There are a bunch of examples that go for more USED than they do brand new because you can't even find them new at a dealer.

What happens is that eventually authorized dealers start getting infuriated that they are selling a watch for $8k that is being resold on the secondary market for $10k and begin to leak a few here or there to 3rd parties that sell them at market price and kickback of the % of the profits back to them.  They call it the 'grey market' and it has become so prevalent that it's just considered part of the whole industry at this point.

People that want a certain piece that are sick of being put on a wait list for something they are never gonna actually get their hands on just eventually say 'Fuck it' and pay the extra to just get it already from a grey market dealer.

My point is that imposing harsh regulations on prices and resell-ability on people in a traditionally free market capitalist society is always going to have side effects, and as much as it may prevent people from charging top dollar it is also going to prevent people that are more than willing to pay extra and understand 100% that they are doing so from being able to....and in many ways I am not OK with that.

It's not just as clean and simple as 'Suck it scalpers!'....

You are missing the point, Pearl Jam has the right to decide what their product costs and has a right to decide that no one should determine that cost can arbitrarily inflate because some very small group or even large group are willing to pay 2x or 10x more.  

It is their product, just because you would be willing to pay x more for it doesn't make it the whole market.   Moreover it doesn't change the fact that the producer has the right to determine the scope of the value of their goods and services.  In a free market they can both price out some of the fans and they could also decide to set restrictions in attempt to keep costs more relatively inline with what they believe is reasonable. 

 

All they can do is try. The market finds a way to get in the way.

And in this case, the market is putting $15,000 next to their  name for tickets with a cost of $250

The harder they try to restrict, the fewer tickets get out, but the prices rise exponentially on the ones that do.

Except you are focusing on the one market where they could not apply the restrictions.  New York is transferable. The market has not found a way, hysteria is finding a way.  

There are guaranteed tickets online for all the shows. 

Yes but the fact that the MSG prices are through the roof belies the point that I think you're trying to make.

Secondary market prices for both MSG (fully transferable) and Baltimore (theoretically non-transferable) are both very high. Which suggests that whatever is driving those high prices is NOT the transferability or lack thereof. 

It appears that the prices are high because a greater number of tickets than usual were directed toward fan club member who are not reselling. I personally think that's awesome, both for the show where I personally benefited from it (MSG) and the show that I am coming to terms with being shut out of (Baltimore). If you don't think it's a good thing that primary market tickets were directed towards fans over scalpers, you're entitled to your opinion. But it's not about the transfer restrictions.

PJNB

CosmoCramer said:

How many refreshes have you done today?

It said the afternoon so I am guessing we find out around 6pm eastern time since they are Pacific. 

CosmoCramer

PJNB said:

CosmoCramer said:

How many refreshes have you done today?

It said the afternoon so I am guessing we find out around 6pm eastern time since they are Pacific. 

I didnt expect to see them yesterday, but they were there for a couple of hours and then they went away.

CantKeepmedown

I think Tickets Today is located in Virgina, no?  EST for the win!?!

Lerxst1992

tdawe said:

Lerxst1992 said:

PB11041 said:

Lerxst1992 said:

PB11041 said:

Saltzy23 said:

PB11041 said:

Saltzy23 said:

pbultimate said:

Saltzy23 said:

mcgruff10 said:

I don't understand why they don't release the ticket info to all since it seems like everything is in place.

It's absurd.

The F2F marketplaces should all be up as well.

There is literally no reason to keep waiting.  Not so that they know where they are sitting as much as opening up the marketplaces to allow people to start posting and buying if they are looking.

I do not understand why we need to wait until mid-late February to be able to buy any secondary tickets for any shows that are not NYC or CO.

Im being serious cause i’ve never heard of F2F until this yr. 

is it already in place for other acts or is it a new system they may be designing?

It's a new thing for me as well.  I'm pretty sure it's a new thing they are trying in general.  

I get the overall idea, even if I may disagree with it in many ways, but at least get the damn execution of it right. 

My personal belief is that if someone gets shut out of a show and is willing to pay market price to get in, they should be allowed to in a free market capitalist society, but I also understand that people are sick of people acquiring tickets SOLELY so that they can flip them and make a bundle of cash.

Having like 3 more weeks before these F2F marketplaces open up sucks one way or the other though.  

Just, why?

that is not how markets work, the buyer of goods is not the only determining factor in an economic system, the producer is allowed to set prices and adjust or not adjust based on their choice

I am a watch collector, and this same phenomenon takes place where certain models are so desirable and hard to find that secondary market prices exceed the MSRP.....and in some cases by a LOT.  There are a bunch of examples that go for more USED than they do brand new because you can't even find them new at a dealer.

What happens is that eventually authorized dealers start getting infuriated that they are selling a watch for $8k that is being resold on the secondary market for $10k and begin to leak a few here or there to 3rd parties that sell them at market price and kickback of the % of the profits back to them.  They call it the 'grey market' and it has become so prevalent that it's just considered part of the whole industry at this point.

People that want a certain piece that are sick of being put on a wait list for something they are never gonna actually get their hands on just eventually say 'Fuck it' and pay the extra to just get it already from a grey market dealer.

My point is that imposing harsh regulations on prices and resell-ability on people in a traditionally free market capitalist society is always going to have side effects, and as much as it may prevent people from charging top dollar it is also going to prevent people that are more than willing to pay extra and understand 100% that they are doing so from being able to....and in many ways I am not OK with that.

It's not just as clean and simple as 'Suck it scalpers!'....

You are missing the point, Pearl Jam has the right to decide what their product costs and has a right to decide that no one should determine that cost can arbitrarily inflate because some very small group or even large group are willing to pay 2x or 10x more.  

It is their product, just because you would be willing to pay x more for it doesn't make it the whole market.   Moreover it doesn't change the fact that the producer has the right to determine the scope of the value of their goods and services.  In a free market they can both price out some of the fans and they could also decide to set restrictions in attempt to keep costs more relatively inline with what they believe is reasonable. 

 

All they can do is try. The market finds a way to get in the way.

And in this case, the market is putting $15,000 next to their  name for tickets with a cost of $250

The harder they try to restrict, the fewer tickets get out, but the prices rise exponentially on the ones that do.

Except you are focusing on the one market where they could not apply the restrictions.  New York is transferable. The market has not found a way, hysteria is finding a way.  

There are guaranteed tickets online for all the shows. 

Yes but the fact that the MSG prices are through the roof belies the point that I think you're trying to make.

Secondary market prices for both MSG (fully transferable) and Baltimore (theoretically non-transferable) are both very high. Which suggests that whatever is driving those high prices is NOT the transferability or lack thereof. 

It appears that the prices are high because a greater number of tickets than usual were directed toward fan club member who are not reselling. I personally think that's awesome, both for the show where I personally benefited from it (MSG) and the show that I am coming to terms with being shut out of (Baltimore). If you don't think it's a good thing that primary market tickets were directed towards fans over scalpers, you're entitled to your opinion. But it's not about the transfer restrictions.

We dont know how many burner 10c account tickets will hit the market, because..... this very topic. They are not out yet.

And recall the 10c shaded MSG sections on the lottery signup page. Almost every seat in front of the stage is shaded 10c. The only SH front stage tickets are rows 18-22

But even if there are no more resale tickets hitting the market, the insane msg prices are a direct result of limited supply and high demand. Supply is limited for various reasons. Let's assume the brokers figured out the transferability issues. That should make all the economic lovers reading this topic thrilled. 

Lerxst1992

PJNB said:

CosmoCramer said:

How many refreshes have you done today?

It said the afternoon so I am guessing we find out around 6pm eastern time since they are Pacific. 

5.59.59 PST

tdawe

CantKeepmedown said:

I think Tickets Today is located in Virgina, no?  EST for the win!?!

If I don’t have my tickets by 12:01 EST I’m going to feel...well, I’m not sure if there’s a word for it, but I’ll feel as if someone had removed my stomach and other digestive organs. 

chitownp76

Lerxst1992 said:

PJNB said:

CosmoCramer said:

How many refreshes have you done today?

It said the afternoon so I am guessing we find out around 6pm eastern time since they are Pacific. 

5.59.59 PST

PJNB said:

CosmoCramer said:

How many refreshes have you done today?

It said the afternoon so I am guessing we find out around 6pm eastern time since they are Pacific. 

Ticketstoday/Ticketmaster is an east coast company. Perhaps it goes out 12PM EST? Just being optimistic.

bbiggs

I expect the emails to come the minute they're walking out the door to enjoy the weekend.  4:59 p.m. PDT.  I say it half jokingly, but this happens on a regular basis in my business.  Have bad news to deliver?  Send an e-mail the second you're logging off for the day. 

mcgruff10

@bbiggs I'm so glad you started this thread.  Nice job.

bbiggs

mcgruff10 said:

@bbiggs I'm so glad you started this thread.  Nice job.

Haha.  I don't know man.  I couldn't have predicted what it evolved into if I tried.  Between the #gutted movement and refreshers on Econ 101, it has been memorable for sure.

RK50065

MickeyMouse said:

Legit excited that my wife is working tonight and I can devote my full attention to the melts, conspiracies, and economics lessons on this forum.

I assumed you and Minnie always worked together.

cdwight

Looked at clock...its not noon yet! *gutted*

RP123663

Based on the folks that saw their seats and their membership number, I am already satisfied.  I'll either have GA for the 3 shows I'm attending or I will have really solid seats.  Hoping I get GA for 1 show, but I'm good either way.  

MickeyMouse

chitownp76 said:

Lerxst1992 said:

PJNB said:

CosmoCramer said:

How many refreshes have you done today?

It said the afternoon so I am guessing we find out around 6pm eastern time since they are Pacific. 

5.59.59 PST

PJNB said:

CosmoCramer said:

How many refreshes have you done today?

It said the afternoon so I am guessing we find out around 6pm eastern time since they are Pacific. 

Ticketstoday/Ticketmaster is an east coast company. Perhaps it goes out 12PM EST? Just being optimistic.

Doesn’t matter. It’s not like they’re manually pressing send on thousands of emails. It’s all automated. Verified Fan notices didn’t go out until 9:30p. 

I am personally rooting for as late as possible just to really get this place going. 

PB11041

The only I have really found out this week is that people are willing to pay $8,000 for a watch.  Multiple times.

xjoshfromworkx

I'm happy to be in the building, but I have a glimmer of hope for some nice seats in STL because there are more shows than normal to go around and maybe, JUST MAYBE, I have some luck.

mace1229

PJNB said:

gotthebottle said:

PJNB said:

gotthebottle said:

Vedd Hedd said:

gotthebottle said:

https://www.ticketnews.com/2020/01/pearl-jam-ticketing-predicament/
Long, but very interesting if you keep an open mind. 

Back in my day, scalping was illegal. Now it's pushed out the little guy scalper and made mega scalpers of stubhub, etc.

It should still be illegal.

Sucks that this guy has a business around something like reselling tickets, but I don't feel bad if his business suffers for this.  It should be illegal anyway. 

Guess you didn't read it all... not condoning scalping myself, but one of his points is... what about the fan who wants to buy tickets even if price is > face? Don't tell me that some of you on here wouldn't pay extra to get in to a show you really want? 

They can buy tickets for face value like everyone else on the 18th and beyond that missed out. Why should the rich be the closest and feed into the scalping market that takes away from real fans that wanted tix on the initial sales?

Again... not condoning scamming people... but as article says, some of those who want to pay extra ARE real fans. Sometimes people can't get to regular sale time on computer, but why aren't they real fans? 
I'm a real Springsteen fan, have seen 100 shows.. but I bought tickets for  Wrigley shows on Ebay... cause I wanted to go. 

So pay face value on Feb 18th like everyone else.

This is not a hard concept. If people did not pay above face for tickets scalpers that did not intend to go to shows would not buy those tickets therefore leaving more tickets in real fans hands (again rich and poor) during the public sales. 

It isn’t that simple. High demand shows like NY and Bal didn’t have enough for half of round 1 picks. From the sounds of it the public sale was nearly impossible. I would guess the F2F sale will be even worse, you think tickets are going to readily be available? Nope. For most who didn’t win the 10c lotto and really want to go only have 1 option.
As long as  there are more fans than tickets, tickets will sell for above face.