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| re: Once On This Island pretty close to perfect | |
| Posted by: kidmanboy 06:39 am EDT 09/04/18 | |
| In reply to: re: Once On This Island pretty close to perfect - AC126748 06:09 am EDT 09/04/18 | |
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| Hotels or airline tickets are a service provided at a specific time. Flying to LA tomorrow or next week is not interchangeable. However, if you sell a ticket at $40 just to get butts in the seats today, that's attracting people that may have paid 90$ tomorrow or the next day. And yes, selling 80% of your tickets makes more money than selling 100%% at a 50% discount - that's just simple math. | |
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| re: Once On This Island pretty close to perfect | |
| Posted by: AC126748 07:24 am EDT 09/04/18 | |
| In reply to: re: Once On This Island pretty close to perfect - kidmanboy 06:39 am EDT 09/04/18 | |
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| But there are multiple flights to LA every week, and multiple performances of every show. Some flights and performances might have more demand than others. If a seat to a Monday 8pm LA flight doesn't get sold, that commodity is gone; same for a seat at a Monday 8pm performance. And you're supposing that everyone will be savvy enough (or care enough) to seek out discounts. | |
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| re: Once On This Island pretty close to perfect | |
| Posted by: ryhog 10:38 am EDT 09/04/18 | |
| In reply to: re: Once On This Island pretty close to perfect - AC126748 07:24 am EDT 09/04/18 | |
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| the revenue vs demand calculus is one that everyone wrestles with (unless they are in the position of selling everything at full price or above). You never know if you made the right choice until afterwards. But I agree that the analogy to hotel rooms or flights is not a good one. | |
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