European Tour Sales = Desaster

pdalowsky said:

RatherStarved said:

From an economic perspective the organizer’s goal is to maximize revenue and not necessarily to sell out.

For example they make more money selling half the venue at $161 than all the venue at $80.  (Numbers could be tweaked to account for money people spend at the show but the concept remains.)

Of course they make even more selling half at $161 and the other half at $80.  And so that might happen.  But they have to ensure the people who spent $161 will not be so upset as to not buy future shows.  

Absolutely right, however with PJ we have to factor in the merch effect. 65000 rabid merch buyers are going to do some serious damage compared to 30,000 LOL

As I understand it the band will be paid a set fee for playing - which is agreed with the promoter (I may be wrong) but they then make a good sum on the merch they sell. I expect on that footing having a huge crowd is financially attractive. 

Mind you once folk have stumped up all this cash I wonder if they can really afford to spend £40 on a T shirt. 

JOEJOEJOE said:

ilockyer said:

mcgruff10 said:

It might not seem like a lot but none of those shows in Germany or England are sold out.   I guess demand has been met?

At the current prices, that certainly appears to be the case. If they drop the non gold circle standing and less good seats prices in line with the average prices for other stadium/arena shows then it may pick up again. 

Tjm007 said:

O2 is a great venue - going to see Tool there again in the summer - saw QotSA there before Xmas.

Wont be moved there as cancelling White Hart Lane would be ruinous.

Indeed, they'd have the cost of hiring the o2, they'd lose a whole heap of the money they paid to hire WHL, then have the admin costs of relocating everyone. Worst case scenario, they can always move the stage further down the pitch, make the portion of the stadium used smaller and just relocate people to the new equivalent of what they'd bought. 

And then there's the non financial damage... downsizing a stadium show to an arena. The media would have a field day beating them with the pricing structure, TM stuff all over again... plus probably a few bruised egos. 

Depending on the promoter's relationship with the venue, the promoter may not lose the entire rental amount should they opt to move venues.

Most large promoters carry insurance for instances when a show is downgraded or cancelled (not saying that the show is being cancelled!)

mookeywrench said:

SHZA said:

JOEJOEJOE said:

ilockyer said:

mcgruff10 said:

It might not seem like a lot but none of those shows in Germany or England are sold out.   I guess demand has been met?

At the current prices, that certainly appears to be the case. If they drop the non gold circle standing and less good seats prices in line with the average prices for other stadium/arena shows then it may pick up again. 

Tjm007 said:

O2 is a great venue - going to see Tool there again in the summer - saw QotSA there before Xmas.

Wont be moved there as cancelling White Hart Lane would be ruinous.

Indeed, they'd have the cost of hiring the o2, they'd lose a whole heap of the money they paid to hire WHL, then have the admin costs of relocating everyone. Worst case scenario, they can always move the stage further down the pitch, make the portion of the stadium used smaller and just relocate people to the new equivalent of what they'd bought. 

And then there's the non financial damage... downsizing a stadium show to an arena. The media would have a field day beating them with the pricing structure, TM stuff all over again... plus probably a few bruised egos. 

Depending on the promoter's relationship with the venue, the promoter may not lose the entire rental amount should they opt to move venues.

Most large promoters carry insurance for instances when a show is downgraded or cancelled (not saying that the show is being cancelled!)

Insuring a PJ show must be super expensive given how many cancellations they've had. Like a driver with a bunch of recent accidents 

Are you related to SZA?

mookeywrench said:

SHZA said:

JOEJOEJOE said:

ilockyer said:

mcgruff10 said:

It might not seem like a lot but none of those shows in Germany or England are sold out.   I guess demand has been met?

At the current prices, that certainly appears to be the case. If they drop the non gold circle standing and less good seats prices in line with the average prices for other stadium/arena shows then it may pick up again. 

Tjm007 said:

O2 is a great venue - going to see Tool there again in the summer - saw QotSA there before Xmas.

Wont be moved there as cancelling White Hart Lane would be ruinous.

Indeed, they'd have the cost of hiring the o2, they'd lose a whole heap of the money they paid to hire WHL, then have the admin costs of relocating everyone. Worst case scenario, they can always move the stage further down the pitch, make the portion of the stadium used smaller and just relocate people to the new equivalent of what they'd bought. 

And then there's the non financial damage... downsizing a stadium show to an arena. The media would have a field day beating them with the pricing structure, TM stuff all over again... plus probably a few bruised egos. 

Depending on the promoter's relationship with the venue, the promoter may not lose the entire rental amount should they opt to move venues.

Most large promoters carry insurance for instances when a show is downgraded or cancelled (not saying that the show is being cancelled!)

Insuring a PJ show must be super expensive given how many cancellations they've had. Like a driver with a bunch of recent accidents 

Are you related to SZA?

RatherStarved said:

Zen23 said:

How much do you think tickets in the lower and upper tiers will have to cost for the two Barcelona concerts to sell reasonably well? Or has too much damage already been done?

I would still be interested. But as the tickets are still not selling and there is no rush, I would just wait. Any opinions?

Just making this up but the premiums should be changed to standard price, other lowers discounted 25% and uppers discounted 40%.  That might not sell out but it should sell.  

I don’t know what to say about GA.  I’ll let someone else answer that one.  

HK103094 said:

Shibari said:

axeljohan said:

they also rearranged in Düsseldorf back in 2007. Planned for the stadium, ended up in the arena. Great concert.

The concert itself was actually fantastic. Organizationally, it was actually one of the worst concerts I've ever experienced and that's probably the reason why Pearl Jam only play in Berlin.

The concert was originally planned for the then fairly new arena in Düsseldorf with around 55,000 seats. To my and obviously PJ's surprise, significantly fewer tickets were sold, even though they weren't yet working with these criminals from Ticketmaster at the time.

The concert was moved to the then newly completed iss Dome. A place where, for example, there was no connection to local public transport at the time.

The admission was catastrophic and so bad that the supporting bands played longer and to make matters worse, the fans in the room failed, so cups of ice cream were passed around at the time.

The concert itself was cool, but I understand why the band will never come to Düsseldorf again.

But a concert outside of Berlin would be nice.

The concert in Frankfurt in 2022 was fantastic. Probably the best PJ-concert I have seen.