Dynamic pricing.

Started by tonto1888, September 02, 2024, 05:14:37 PM

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RedHand88

Quote from: Franko on September 04, 2024, 11:41:20 AMThis was a perfect demonstration of why capitalism in it's truest form is a load of bollox and only serves to filter money upwards

It really is the fault of people willing to pay it though. Have heard a few stories recently of ones who get the high priced tickets and pay monthly via Klarna because they cannot afford them.
People need to vote with their feet and walk away from this nonsense. That's the only thing that will bring prices down.

Look-Up!

Quote from: naka on September 04, 2024, 12:34:03 PMairlines and hotels have been abusing this for years and not a word said about it.
And in ireland pubs are the biggest gougers.
it is bonkers how a pint can have a €3 difference within a 2 mile radius
This is a little more sinister. You go to book a flight or hotel, you look at availability and price. Have a think about it, get back to your group and discuss value for money or other options, and then either decide to buy or not.

This here they fry your brain, leave you hanging for hours in a queue, then give you a there or then ultimatum, buy or f*** off back to the start of the queue. No conferring with family or friends you promised the tickets for. Scumbags. Rather buy off a dirty tout.

armaghniac

Quote from: naka on September 04, 2024, 12:34:03 PMairlines and hotels have been abusing this for years and not a word said about it.
And in ireland pubs are the biggest gougers.
it is bonkers how a pint can have a €3 difference within a 2 mile radius

Hotels that cancel previous reservations when these dates are announced are definitely gouging people.
People go to the expensive pubs,they need to vote with their feet.
MAGA Make Armagh Great Again

seafoid

Quote from: Franko on September 04, 2024, 11:41:20 AMThis was a perfect demonstration of why capitalism in it's truest form is a load of bollox and only serves to filter money upwards
How many concerts has the GAA run between the All Ireland final and the true all Ireland Final date? This gouging of music fans may be the most odious aspect of the split season.

tiempo

Dynamic pricing set by people or algorithms?

It absolutely stinks to high heaven and is surely on the borderline of breaking consumer protections

You are 1,742,425 in the queue ... the service provider could have this number artificially increased using an army of bots, and as people arrive to buy the algorithm sets a price based on the queue, the bot acts to artificially inflate demand

All a f**king ruse from start to finish

NAG1

Quote from: seafoid on September 04, 2024, 01:20:03 PM
Quote from: Franko on September 04, 2024, 11:41:20 AMThis was a perfect demonstration of why capitalism in it's truest form is a load of bollox and only serves to filter money upwards
How many concerts has the GAA run between the All Ireland final and the true all Ireland Final date? This gouging of music fans may be the most odious aspect of the split season.

Not up to the GAA to legislate how concert tickets are sold.

I would imagine there is a set fee for these concerts to the promoters and that's where the GAA's obligation ends.

It seems that the promoters were aware of this dynamic pricing of tickets in advance despite all their protestations about cancelling tickets available through 3rd party sites.

I see Valencia in La Liga are now using the model.

thewobbler

Quote from: naka on September 04, 2024, 12:34:03 PMairlines and hotels have been abusing this for years and not a word said about it.
And in ireland pubs are the biggest gougers.
it is bonkers how a pint can have a €3 difference within a 2 mile radius

Dynamic pricing can work in the consumer's favour for air travel and accommodation. It cannot work in a consumer's favour for a one-off event when the entry level price has already been allocated a scarcity premium. That's the big difference.

Re pubs. They're not all equal. Some of them are maintained to a high standard of decor and cleanliness. Some have trained bar staff and door staff. Some have entertainment with no cover charge. Some have 30 televisions and every premium channel on earth. Some have none of these outgoings. Then some have higher insurance and business rates by virtue of their postcode, which would drop sharply if they moved a mile over a river.

I'm not saying pubs don't gouge by the way. But the price differential is easily explained. And if none of the above explain it, then it'll be down to a simple business decision to direct the riffraff somewhere else by pricing them out.


onefineday

Quote from: thewobbler on September 04, 2024, 03:54:16 PM
Quote from: naka on September 04, 2024, 12:34:03 PMairlines and hotels have been abusing this for years and not a word said about it.
And in ireland pubs are the biggest gougers.
it is bonkers how a pint can have a €3 difference within a 2 mile radius

Dynamic pricing can work in the consumer's favour for air travel and accommodation. It cannot work in a consumer's favour for a one-off event when the entry level price has already been allocated a scarcity premium. That's the big difference.



Would agree with that wobbler, afaik the ccpc review is around whether or purchasers were truly informed of the possibility of dynamic pricing in advance and whether the model placed undue pressure on consumers to buy once they had arrived at the purchase opportunity - ie signed up and waited for hours on the basis of 80 quid tickets, eventually got in and had 4 minutes to decide if they wanted to pay 400 quid a ticket or never see oasis live again etc...

Franko

Quote from: seafoid on September 04, 2024, 01:20:03 PM
Quote from: Franko on September 04, 2024, 11:41:20 AMThis was a perfect demonstration of why capitalism in it's truest form is a load of bollox and only serves to filter money upwards
How many concerts has the GAA run between the All Ireland final and the true all Ireland Final date? This gouging of music fans may be the most odious aspect of the split season.

 ;D  Indeed seafoid.  The pernicious tentacles of the split season reach far and wide

J70

Quote from: RedHand88 on September 04, 2024, 12:35:01 PM
Quote from: Franko on September 04, 2024, 11:41:20 AMThis was a perfect demonstration of why capitalism in it's truest form is a load of bollox and only serves to filter money upwards

It really is the fault of people willing to pay it though. Have heard a few stories recently of ones who get the high priced tickets and pay monthly via Klarna because they cannot afford them.
People need to vote with their feet and walk away from this nonsense. That's the only thing that will bring prices down.

For the first time in years I've missed out on Bruce Springsteen's current tour due to the ridiculous ticket costs caused by dynamic pricing (and then exacerbated the resale prices). His management actually had to get Ticketmaster to set caps on how high the face value prices could go, such were the ridiculous costs (and the uproar and PR disaster) being thrown up when tickets first went on sale in the summer of 2022 for the spring 2023 shows in the US. I think it was Tampa where GA floor seats were hitting $5K range! It was the first time he'd allowed Ticketmaster to use the system, where previously he'd been staying below prices for tours by the likes of the Eagles or the Stones. It was also the first time that it became a major news story, which was then resurrected by some extremely tone-deaf comments from Springsteen himself a few months later in a Rolling Stone interview.

Of course, the opposite end of the dynamic pricing set-up is that seats in places like Oklahoma, where demand was way below that of places like the big coastal cities in the east and west, were cheap as f**k!

Jell 0 Biafra

So, sounds like a Springsteen fan should get himself a plane ticket to Oklahoma, and a hotel for a few nights, still spending less than $5k.

J70

Quote from: Jell 0 Biafra on September 05, 2024, 01:54:47 PMSo, sounds like a Springsteen fan should get himself a plane ticket to Oklahoma, and a hotel for a few nights, still spending less than $5k.

I'd seen every tour over the previous 30-odd years, including the Broadway run. Plus, Oklahoma...? :P

Jell 0 Biafra

I didn't say it was ideal...

J70

Quote from: Jell 0 Biafra on September 05, 2024, 02:23:21 PMI didn't say it was ideal...

 ;D

Nah, I like seeing new places, but I'm not spending all that time and money to hop on a plane across the country to see an artist I've already seen numerous times.

Just bracing myself for the next Taylor Swift tour. My now ten year old Swiftie daughter may be pushing to go by then.

David McKeown

Quote from: onefineday on September 04, 2024, 01:16:22 AM
Quote from: David McKeown on September 03, 2024, 10:53:04 PMIm not convinced by the legality of it in the South and understand there may be a criminal investigation on going about it at the minute.  I also note theres likely to be a parliamentary inquiry about it in the UK

Don't think there's any criminal investigation going on, but ccpc are reviewing the oasis ticket sale to make sure it was compliant with consumer protection law.

Ahh ok I heard on the news there was one and I know there was a new statute about it in 2021 but I haven't examined it properly.
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