European Tour Sales = Desaster

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Comments

  • holo92
    holo92 Posts: 188
    Or that different sections have fair (different) prices.
    Not like f.e. Berlin 2024, where you have a nearly unsold upper area for the same high price as close to the stage (when the sale started on Friday).

    06/15/92, 08/14/95, 11/03/96, 09/11/98, 06/11/00, 06/23/00, 06/25/00, 06/18/03, 06/21/03, 09/28/04,
    09/02/05, 09/04/05, 09/05/05, 09/16/06, 09/17/06, 09/19/06, 09/22/06, 09/23/06, 06/12/07, 06/18/07,
    06/21/07, 06/23/07, 06/24/08, 06/25/08, 08/15/09, 08/18/09, 06/30/10, 09/03/11, 09/04/11, 07/02/12,
    07/04/12, 07/07/12, 06/16/14, 06/17/14, 06/26/14, 08/05/16, 08/07/16, 07/01/18, 07/03/18, 07/05/18,
    09/02/18, 09/04/18, 06/21/22, 06/28/22, 07/14/22
  • lastexitlondon
    lastexitlondon Posts: 15,026
    Green disease 


    this song is meant to be called i got shit,itshould be called i got shit tickets-hartford 06 -
  • RiddledWithMetaphors
    RiddledWithMetaphors Posts: 147
    My wife and I were excited to do Berlin and Barcelona back when the rumors came. We waited for the announcement and saw flight prices double. Couple that with ticket prices doubling. Sitting this one out because it went from “this is what I love and what I spend my money on” to “this would be irresponsible of the parents of two young kids to blow a Roth IRA on four concerts.” 
  • jonbond1779
    jonbond1779 London, UK Posts: 1,642
    edited February 2024
    Fact is prices have now DOUBLED since last tour and even harder for fans to get tickets.  If prices went to say £90 - even £100. I think that would still be reasonably acceptable - if we had a heads up prices were a bit more due to touring costs etc - and if 10c members still was a guarantee of tickets (at least in your city / state). 

    But tickets aren't £100, even £120 - but £160 per ticket (at the very cheapest) is a MASSIVE jump - especially no heads up or warning about it.

    Yes I'm going to the London show (just the one when they have EASILY could have sold out 2 nights at the O2 / Wembley arena if tickets were around £80-100 mark.) - just makes no sense to me. Im going but not really hyped about this one.  The only silver lining would be a 10c london show ;)
    "Bring it back, to the clean form. To the pure form"

    28/09/04 - Boston, 20/04/06 - London [\\mm//Astoria\\mm//] - 18/06/07 - Wembley Arena, 11/08/09 -  London [\\mm//Shepherds Bush Empire\\mm//],18/08/09 - 02 Arena, 25/06/10 - Hyde Park, 26/06/12 - Amsterdam, 27/06/12 - Amsterdam, 08/07/14 - Leeds,11/07/14 - Milton Keynes, 13/06/18 - Amsterdam, 18/06/18 - London 02 Arena, 17/07/18 - London 02 Arena, 08/08/22 - Hyde Park, 9/08/22 - Hyde Park - 25/08/22 - Amsterdam.
  • JPPJ84
    JPPJ84 Hamburg, Germany Posts: 3,464
    SHZA said:
    An instant sell out is an indicator that prices were way too low 
    Weird thinking. I‘d say it’s an indicator of fair prices 
  • drfox
    drfox Posts: 1,505
    I still can’t understand why they think they will sell out these venues at £160 when Foo Fighters, Green Day, AC/DC and the Killers are all charging around £80-95 a ticket at exactly the same time…. Green Day is playing at Wembley the same night as PJ at Spurs for half the price. Why do they need to charge this amount when others don’t. Makes absolute no sense and the lack of sales at London, Berlin and Barcelona is to be expected. I’m going to 4 shows but I can see why lots of fans are boycotting it. 
  • ilockyer
    ilockyer Posts: 2,272
    JPPJ84 said:
    SHZA said:
    An instant sell out is an indicator that prices were way too low 
    Weird thinking. I‘d say it’s an indicator of fair prices 
    Our ticket markets in Europe work very differently to North America. Let's hope they don't go the same way. 
    The secret to a happy ending is knowing when to roll the credits
  • tino_11
    tino_11 Posts: 2,197
    ilockyer said:
    JPPJ84 said:
    SHZA said:
    An instant sell out is an indicator that prices were way too low 
    Weird thinking. I‘d say it’s an indicator of fair prices 
    Our ticket markets in Europe work very differently to North America. Let's hope they don't go the same way. 
    Generalising, I think people in the US are more comfortable with a pure capitalist model of to maximising commercial returns at every opportunity. In Europe, I think there’s more emphasis on a ‘win-win’ model, where in this instance the band can earn what it needs to whilst not taking every dollar possible out of the fans pockets. We see this  in football for example, where most clubs try to balance sporting success and finance, whilst maintaining access for their communities and fan bases (some do this better than others).

    I know we don’t know the true cost of touring, but the fact that similar acts such as Green Day and Foos are charging way below PJ indicates that PJ are trying to get as much back from these shows as possible. It just goes against the principles and behaviour of the band up to this point, I always felt they looked after us well. 
    'F*** the pessimists. F*** 'em.' Eddie Vedder
  • SHZA
    SHZA St. Louis, MO USA Posts: 4,315
    tino_11 said:
    ilockyer said:
    JPPJ84 said:
    SHZA said:
    An instant sell out is an indicator that prices were way too low 
    Weird thinking. I‘d say it’s an indicator of fair prices 
    Our ticket markets in Europe work very differently to North America. Let's hope they don't go the same way. 
    Generalising, I think people in the US are more comfortable with a pure capitalist model of to maximising commercial returns at every opportunity. In Europe, I think there’s more emphasis on a ‘win-win’ model, where in this instance the band can earn what it needs to whilst not taking every dollar possible out of the fans pockets. We see this  in football for example, where most clubs try to balance sporting success and finance, whilst maintaining access for their communities and fan bases (some do this better than others).

    I know we don’t know the true cost of touring, but the fact that similar acts such as Green Day and Foos are charging way below PJ indicates that PJ are trying to get as much back from these shows as possible. It just goes against the principles and behaviour of the band up to this point, I always felt they looked after us well. 
    The fact that they misjudged the market this badly is a real head scratcher. Presumably they didn't come up with these prices out of thin air. I would think pricing is set in consultation with experts in the ticketing markets in these areas. Hard to understand why they would be so out of line with Foos, Green Day et al. 
  • Greyhound06
    Greyhound06 Posts: 41
    Is there any chance that we can get a statement from the band?
  • Zod
    Zod Posts: 10,953
    A few things:

    I had no idea Europe concert prices were fundamentally cheaper than N.A.   I was pretty happy that Vancouver prices weren't a straight up FX of Seattle prices.  Vancouver ones seem to be some of the best in N.A.

    The other, as people mentioned, is that it's not like when we were younger.  The goal is no longer to sell all the tickets immediately.  It's to earn as much revenue from the ticket as possible.   Promoters used to want to blow out all the tickets immediately, so they weren't caught holding the bag.   Now they can start higher, and lower the price until they move.

    I was completely shocked at a Pumpkins show 2 years ago, where it looked like it was half sold out up leading to the show, and we get there, and they've almost sold out an NHL sized arena.  Didn't think I'd see them do that again, but I found out the drastically lowered the price of tickets a few days before the show.

    The newer way of doing things is good for locals and people that don't have to plan travel, but it sucks for those of us that have to travel to bigger places for shows :(
  • vedpunk
    vedpunk Posts: 965
    edited February 2024
    drfox said:
    I still can’t understand why they think they will sell out these venues at £160 when Foo Fighters, Green Day, AC/DC and the Killers are all charging around £80-95 a ticket at exactly the same time…. Green Day is playing at Wembley the same night as PJ at Spurs for half the price. Why do they need to charge this amount when others don’t. Makes absolute no sense and the lack of sales at London, Berlin and Barcelona is to be expected. I’m going to 4 shows but I can see why lots of fans are boycotting it. 
    It's quite simple.....Foo Fighters, Green Day and ACDC are playing more shows to more people than Pearl Jam.  Pearl Jam needs to maximize the return on a European tour that is only 7 (solo) shows long.  These shows will all be sold out or close to sold out as prices adjust before show time.  
  • tino_11
    tino_11 Posts: 2,197
    vedpunk said:
    drfox said:
    I still can’t understand why they think they will sell out these venues at £160 when Foo Fighters, Green Day, AC/DC and the Killers are all charging around £80-95 a ticket at exactly the same time…. Green Day is playing at Wembley the same night as PJ at Spurs for half the price. Why do they need to charge this amount when others don’t. Makes absolute no sense and the lack of sales at London, Berlin and Barcelona is to be expected. I’m going to 4 shows but I can see why lots of fans are boycotting it. 
    It's quite simple.....Foo Fighters, Green Day and ACDC are playing more shows to more people than Pearl Jam.  Pearl Jam needs to maximize the return on a European tour that is only 7 (solo) shows long.  These shows will all be sold out or close to sold out as prices adjust before show time.  
    For all the arguments of right and wrong, the only thing clear is that PJ don’t need to maximise prices, it’s a choice they’ve made with their promoters.
    'F*** the pessimists. F*** 'em.' Eddie Vedder
  • drfox
    drfox Posts: 1,505
    vedpunk said:
    drfox said:
    I still can’t understand why they think they will sell out these venues at £160 when Foo Fighters, Green Day, AC/DC and the Killers are all charging around £80-95 a ticket at exactly the same time…. Green Day is playing at Wembley the same night as PJ at Spurs for half the price. Why do they need to charge this amount when others don’t. Makes absolute no sense and the lack of sales at London, Berlin and Barcelona is to be expected. I’m going to 4 shows but I can see why lots of fans are boycotting it. 
    It's quite simple.....Foo Fighters, Green Day and ACDC are playing more shows to more people than Pearl Jam.  Pearl Jam needs to maximize the return on a European tour that is only 7 (solo) shows long.  These shows will all be sold out or close to sold out as prices adjust before show time.  
    If that’s the case, in hindsight they should probably have added a second Manchester show and extended the tour by a week or two to fit in a few Dutch and Italian shows, and knocked the price down by £40 a ticket. They wouldn’t have had these issues at all if they’d done that 
  • GlowGirl
    GlowGirl New York, NY Posts: 12,271
    tino_11 said:
    ilockyer said:
    JPPJ84 said:
    SHZA said:
    An instant sell out is an indicator that prices were way too low 
    Weird thinking. I‘d say it’s an indicator of fair prices 
    Our ticket markets in Europe work very differently to North America. Let's hope they don't go the same way. 
    Generalising, I think people in the US are more comfortable with a pure capitalist model of to maximising commercial returns at every opportunity. In Europe, I think there’s more emphasis on a ‘win-win’ model, where in this instance the band can earn what it needs to whilst not taking every dollar possible out of the fans pockets. We see this  in football for example, where most clubs try to balance sporting success and finance, whilst maintaining access for their communities and fan bases (some do this better than others).

    I know we don’t know the true cost of touring, but the fact that similar acts such as Green Day and Foos are charging way below PJ indicates that PJ are trying to get as much back from these shows as possible. It just goes against the principles and behaviour of the band up to this point, I always felt they looked after us well. 
    That is great about Foos and Green Day in Europe. Here I paid $217.50 for a Foo Fighter's GA, and $288.75 for a lower level Green Day. Both were standard prices (not premium or resale). However, the upper levels for both were cheaper. This is NYC
  • tino_11
    tino_11 Posts: 2,197
    I’ve got Foo Fighters GA for £90 in London, a week before PJ plays there. Then again, average salary is £42k in London and I imagine this is much higher in NYC. Maybe they did some basic maths on disposable income levels? 
    'F*** the pessimists. F*** 'em.' Eddie Vedder
  • ilockyer
    ilockyer Posts: 2,272
    edited February 2024
    SHZA said:
    tino_11 said:
    ilockyer said:
    JPPJ84 said:
    SHZA said:
    An instant sell out is an indicator that prices were way too low 
    Weird thinking. I‘d say it’s an indicator of fair prices 
    Our ticket markets in Europe work very differently to North America. Let's hope they don't go the same way. 
    Generalising, I think people in the US are more comfortable with a pure capitalist model of to maximising commercial returns at every opportunity. In Europe, I think there’s more emphasis on a ‘win-win’ model, where in this instance the band can earn what it needs to whilst not taking every dollar possible out of the fans pockets. We see this  in football for example, where most clubs try to balance sporting success and finance, whilst maintaining access for their communities and fan bases (some do this better than others).

    I know we don’t know the true cost of touring, but the fact that similar acts such as Green Day and Foos are charging way below PJ indicates that PJ are trying to get as much back from these shows as possible. It just goes against the principles and behaviour of the band up to this point, I always felt they looked after us well. 
    The fact that they misjudged the market this badly is a real head scratcher. Presumably they didn't come up with these prices out of thin air. I would think pricing is set in consultation with experts in the ticketing markets in these areas. Hard to understand why they would be so out of line with Foos, Green Day et al. 
    The last tour was largely organised by Kelly Curtis before he retired, maybe his replacement hasn't had any experience dealing with the booking side of things with promoters for a European tour? Mark Smith was the bands tour manager before, according to the articles around the time Kelly Curtis retired, so would've just been concerned with herding cats and making sure they all ended up where they were meant to be, along with all the day to day stuff. Is it possible they just went with "it's what we're doing in the US"?
    The secret to a happy ending is knowing when to roll the credits
  • Tom G
    Tom G United Kingdom Posts: 10
    If sales have been poor then dynamic pricing should adjust accordingly?
  • kilteragh
    kilteragh Ireland Posts: 15
    Tom G said:
    If sales have been poor then dynamic pricing should adjust accordingly?

    Well that's what it's supposed to mean. The "market price" is supposedly based on demand (not really - it's just price gouging) so by rights if nobody is buying then the price should plummet.
  • GlowGirl
    GlowGirl New York, NY Posts: 12,271
    kilteragh said:
    Tom G said:
    If sales have been poor then dynamic pricing should adjust accordingly?

    Well that's what it's supposed to mean. The "market price" is supposedly based on demand (not really - it's just price gouging) so by rights if nobody is buying then the price should plummet.
    They likely will at some point.

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