Ticket prices. This is not for you (the fans).

JD87070 said:

kmcmanus said:

Willie Nelson & Bob Dylan are playing near me and it’s $170 for lawn. And I don’t begrudge either of those guys a nickel. But compared to $170 for no seat on the muddy lawn, $175 for MSG seems less awful.
The whole concert industry is broken. It’s not unique to PJ.

Which show and on what site are you seeing that? For their show at Pine Knob, lawn is $40. So either you’re seeing resale, dynamic priced tickets or some venue is really out of line with pricing.

UPDATE: Just looked through every show of the tour, highest lawn price at face value is $79 at The Gorge, and there were several other shows in the $67-$69 range, which is still quite high for lawn, more than i would pay. Maybe you were seeing a VIP package at that price or something?

But none of that changes the fact that your last sentence is absolutely true!

P-Town-P-Jam-Fan said:

Having the majority of your tickets restricted from transfer drives up the prices.  It kills the supply side of the secondary market.  The handful of scalpers that know their way around the restrictions have a field day selling tickets for a ton of money without much competition from fans or other scalpers.  You can't fairly compare pricing on the secondary market if you are looking at transfer restricted events vs non restricted events.  It’s not an apples to apples comparison. 

Lerxst1992 said:

P-Town-P-Jam-Fan said:

Having the majority of your tickets restricted from transfer drives up the prices.  It kills the supply side of the secondary market.  The handful of scalpers that know their way around the restrictions have a field day selling tickets for a ton of money without much competition from fans or other scalpers.  You can't fairly compare pricing on the secondary market if you are looking at transfer restricted events vs non restricted events.  It’s not an apples to apples comparison. 

Many of their ticketing decisions drive up prices. Rewarding senior fans is a good thing (although it does shut out newer fans from the seating process), but selling those prime tickets at a huge discount drives up prices of tickets hitting the “open market” , as does the transfer restriction. 

Keeping tickets artificially low priced (as they’ve told us) and then releasing 10% and letting “market rate” set prices (although their agent limits supply so it is the exact opposite of market rate) it’s a manipulated rate.

Theres a reason their tickets on TM and broker sites are far and behind everyone’s prices not named Taylor. Their policies drive up prices hitting the “market.”

and are they ever going to explain why so many in the lottery did so well for the NE indoor shows? Doubtful. 

 

KN219077 said:

$175 for a pit ticket in Missoula was considerably cheaper than seats for tyler childers the same week. Pearl Jam is still probably under their market value on pricing. That said, I make a normal middle income with a family of five and in the past year have had to think alot harder about luxury purchases like concert tickets and eating out. 

P-Town-P-Jam-Fan said:

Lerxst1992 said:

P-Town-P-Jam-Fan said:

Having the majority of your tickets restricted from transfer drives up the prices.  It kills the supply side of the secondary market.  The handful of scalpers that know their way around the restrictions have a field day selling tickets for a ton of money without much competition from fans or other scalpers.  You can't fairly compare pricing on the secondary market if you are looking at transfer restricted events vs non restricted events.  It’s not an apples to apples comparison. 

Many of their ticketing decisions drive up prices. Rewarding senior fans is a good thing (although it does shut out newer fans from the seating process), but selling those prime tickets at a huge discount drives up prices of tickets hitting the “open market” , as does the transfer restriction. 

Keeping tickets artificially low priced (as they’ve told us) and then releasing 10% and letting “market rate” set prices (although their agent limits supply so it is the exact opposite of market rate) it’s a manipulated rate.

Theres a reason their tickets on TM and broker sites are far and behind everyone’s prices not named Taylor. Their policies drive up prices hitting the “market.”

and are they ever going to explain why so many in the lottery did so well for the NE indoor shows? Doubtful. 

 

I don't disagree with any of this.  Phish just announced another summer tour, 3 shows at Mansfield, 3 shows at Deer creek, 3 shows at Alpine Valley, etc.  Ticket pricing way cheaper, it can be done..

Eddieredder said:

Lerxst1992 said:

Eddieredder said:

Lerxst1992 said:

JD87070 said:

Lerxst1992 said:

Eddieredder said:

"Pearl Jam has ticket policies that limit supply and increase demand. It is obvious their ticket policies drive up prices on the broker sites, which drove up PJPrem."

 Thats totally fair. But what would you propose as a solution? Its clearly pretty complicated.

I guarantee having tix be $250 each (or more) with no premium wouldn't be welcomed with open arms. Nor would $500 pit tix. Tiered pricing = more profit on cheaper seats. Its complicated. 

I think you quoted me there lol. I put out a list earlier of all top acts per seat geek, and the PJ prices exceeded everyone else. The only artist I could find recently with higher broker prices is Taylor. She’s a little bit more popular , no?


All the following impacts broker prices which then is justification for increases to PJ premium. This is market manipulation, not market value

When PJ decides that half the venue (floor and lower levels) will sell for face, but way below fair value, that drives up prices by reducing supply and increases the need for PJ PREM.


When PJ decides that seniors are guaranteed (as a block unit, members will vary) 80% discount off fair value on prime seat locations for an unlimited number of shows, that drives up demand, since the band (and buyers of upper level seats) are subsidizing the purchase. Seniors will put in for many more shows with these “significantly discounted tickets” which then drives down supply, which drives up prices 

PJ decided for NY and Philly to not offer rear stage seating (Seattle did have tickets available) at the verified  onsale time, significantly hurting fans with verified codes.

for some reason, many fans apparently scored tickets for three or four NE indoor shows. Based on PJ Premium prices, the odds per show seems to be about ten percent, so hitting all four is about one in ten thousand. Some have offered that there was a single draw based in the new rules, so a good lottery number gets fans an unlimited deluge of tickets, taking supply away from everyone else.


there’s more problems with their unique system, I’ll stop there…


…
ok, to your question, what to do…

the closest seats are the ones that should have premium prices. Face value of many more tickets should be somewhat commensurate with actual value. There’s a reason every other band does it differently 

so how so we take care of seniors? Perhaps limit the “80% off” premium tickets to one set per tour. 

Have the lottery results limited to winning one show until all entries have at least one winning show if possible. Once that happens, then allow for multiple winners. Some in high demand markets will not win but their chances will be greatly increased 

have tier pricing, sell tickets like all the other acts do 300…250…200…150…100; each category is a bucket in the lottery. This forces fans to place a dollar value on the experience, which is a million times fairer than the current disaster 

Try to match where you want to play and figure out who wants to see you more than anyone else. That’s where the majority of shows should be.stop expecting fans to fly to places you like, and in some cases taunt them with hundreds of unsold tickets.


release all the premium tickets at once. What they do now by releasing a few at a time is creating desperation and manipulation in the market place. They told us ten percent will be PJPrem, so be fair and release them all at once. Let a true market decide the price. If they sit unsold for days,DROP THE PRICES.  They Told us these would be sold at market prices so if they don’t sell for a few days, drop the prices, 

Perhaps have a second chance silent auction for those who completely lost the lottery. Put out a list of the same locations that are PJ Premium, and instead of manipulating fans, let them  bid on specific ticket locations 

Some good points here, but one thing you’re overlooking is, the only shows where resale is allowed is MSG and Wrigley, everywhere else on this tour is F2F only. So since the resellers are limited on their options for this tour, the tickets they can get their hands on are priced as such. That has nothing to do with the band.
And as far as where they play, as much as i would love for them to vary their touring more, they’ve earned the right over the decades to play where they want. As much as it sucks for those of us in markets they don’t visit, that’s the reality.

. Check out Vivid seats, there are plenty of broker tickets out there . The band maximizes a guaranteed 80% discount for a certain segment of its fan base for the best seats. This drives up prices for those of us who are never entitled to this huge discount.

 There is a reason their tickets on the secondary Market are so expensive, more expensive than any artist other than Taylor swift. Yes in past years they didn't tour as much and we  attributed the high resale prices to that, but this year they're playing plenty of dates and the broker prices are worse than ever. And there are plenty tickets for Philadelphia Baltimore and Fenway on the broker sites.

These prices have everything to do with decisions the band makes about its tickets.

also not matching Supply with demand when choosing a tour itinerary, that also drives up prices. They must make seven or eight decisions about their tour and their ticket policies, all of which drive up prices for the Unfortunate Souls that don't win a 10% chance lottery

I am not saying whether or not it's their right, I'm just commenting on the policies and decisions and the impact those have on prices

Sure. But having tiered pricing doesn't change the demand. It might just change the profit from the reseller. If they can resell a $175 ticket for $1000 at MSG, they can certainly sell a $50-100 ticket for the same. If a pit ticket retails for $500-600 and they sell out.....why wouldn't you be able to resell for $1000+? 

Having higher prices could easily equal higher premium and resale. See Taylor Swift. 

Are you saying you want higher prices for fan club/base retail tix?

I also don't have the answers for any of this. But I can see it both ways. 

Taylor is the only artist with higher broker prices. Even the Stones have lower prices than PJ NE,  and they a much larger fanbase. 

Tiered pricing would restrict demand to specific pricing, which would create a fairer market and reduce the extreme upward pressure on prices that Pearl Jam’s unique ticketing policy has. It’s also clear selling 5000 legacy tickets in prime locations for a fraction of FMV has an upward pressure on any tickets that hit the open market including PJPREMIUM 

They just released more PJ Premium at MSG, for about $100 more than they were on Friday. They are creating desperation in the market. Instead of releasing the 10% of premium tickets at once, they artificially limit supply to boost premium prices.

the entire process of how they price tickets puts upward pressure on the 90% of fans wanting tickets to the NE indoor shows that did not win the lottery. A tiered price system would give fans a chance to spend 180, 250, 350, 450 etc for the 90% who lose the lottery.

Go to the supermarket now and all they have to eat is one loaf of bread. How much would that be priced at?

right now the choice for New Yorkers is $180 or $1000, and PJs policies drive up the $1000. It’s the worst ticketing policy in rock, by a mile.

 

 

Stones retail prices dwarf PJs base price, and they are playing stadiums. 

The demand for the remaining tix after fan club, + multiple other alottments would be the same IMO. Its still 2k-4k tix available to the public. That number doesn't change. Tiered pricing doesn't change the appetite of those who want to go. Tiered pricing doesn't change the fact that only 10-20% of the capacity is available. Those would sell out regardless.

The price of bread would be the retail price. The guy selling out of the back of his car in the parking lot would still be priced at a premium. 

I totally agree with you about releasing premium in tiers. That does create demand. Pretty sure that isn't a band request. Thats a TM thing.

Your choice right now for New Yorkers is $180 f2f, premium, or 3rd party reseller. If there were tiered pricing (which would still sell out), and no premium. Then your options would be $180 f2f and 3rd party reseller. A quick check of Stubhub shows that it isn't as black and white as $180 or $1000. There are plenty of listings in between. 

Its an alogorithm. If the demand remains the same the pricing wouldn't change.

I ask again. Are you saying you want higher priced fan club tix? Are you saying you want more in the secondary market?

Higher base prices could absolutely change things. It could also be the same. But then that opens a completely different can of worms.

The current system puts upward pressure on prices. I’ve said that alot on the forum recently, sorry not specifically to your comment

I could get met life for stones for under $500, lower level on the sides. I could live with that. Its been ten years since I could get lower level PJ tix for that price in NY.

PJ tickets, unless you are touching the ceiling with a blocked view at MSG are a thousand dollars. F2F tickets are rare, if they ever appear for a second.

This ticketing system is so manipulated. Not only do never release that 10% of inventory at once to create a market rate, but all the prices are essentially static. It’s either $180 face with a 5% chance or $1000 premium/broker. $920 to sit far from stage lowers and $1020 a couple sections over. No uppers for $600, nothing in any other price categories, no variability, no true market, no supply and demand. Despite being promised a “market rate.”

They and only they are responsible for the conditions that punish their NY fans tour after tour.