Texas A&M Football
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Stubhub

9,704 Views | 56 Replies | Last: 6 yr ago by JustPanda
Expert Analysis
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AG
Bad deal for season ticket holders who used flash seats to sell extras. No seller fees through flash seats for original ticket holder. Now they are taking 15%

Buyers will see some benefit for the big games since the buyers fee is only 10% +$5. Sellers may list higher to offset seller fee if market can bare it. The $5 transaction fee basically makes the system useless for people who used to pickup $1 seats to basketball. Really any tickets that used to sell for $10 or so, just went up 50%....

No more bidding for seats is a big loss for buyers and sellers.
BQ92
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AG
But good for visiting fans in your section.
Texas A&M
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FS were great for Basketball. I probably bought tickets for 4 games last year through FS, and at least two of them successfully used the bidding function.
Expert Analysis
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AG
Definitely good for visiting fans for football, as on the surface their share of the resale cost greatly decreased, that is bad for season ticket holders. If the TMF wants to promote season ticket sales for any sport then this isnt a good decision. Taking money from the season ticket holder on sales is not good. Basketball resales will decline due to increased prices and less convenience for sellers.
Showstopper
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AG
Did they have economics classes back in '91?
DeepEastTxAg
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A ton of schools use StubHub, and very few use Flash Seats. If StubHub is so terrible, well I guess we're in the same boat as a lot of other schools. I highly doubt this is going to make much of a difference, and is likely nothing more than typical TexAgs outrage.
TyperWoods
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Because what makes A&M special is being like everyone else.
DeepEastTxAg
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AG
But the fan-to-fan martketplace company we partner with does?
HowdyTAMU
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AG
DeepEastTxAg said:

A ton of schools use StubHub, and very few use Flash Seats. If StubHub is so terrible, well I guess we're in the same boat as a lot of other schools. I highly doubt this is going to make much of a difference, and is likely nothing more than typical TexAgs outrage.
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I wonder what this will do to actual butts-in-seats. Most other programs have over half empty stadiums. I know many factors weigh, so it will be interesting to see the impact on us.
Expert Analysis
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AG
Stub hub isn't terrible, it is just not as good as flash seats, especially if you are a season ticket holder who sells some seats. I'd like to know why we switched.
bmc13
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AG
this sucks
LtDan
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Expert Analysis said:

Stub hub isn't terrible, it is just not as good as flash seats, especially if you are a season ticket holder who sells some seats. I'd like to know why we switched.
the Stub Hup rep is hot...
tk for tu juan
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Can you carry a balance on Stubhub like you can on Flashseats? Usually always had a balance of money from selling extra seats in football that I could later use to buy tickets to baseball.
94chem
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Quote:

So yes, it stings sometimes when I have to dump tickets for one reason or another, and someone gets the benefit of my misfortune.
Thank you for your altruism. I had season tickets for 9 years, and it was too much of a commitment. Season tickets for any sport, anywhere, are seldom if ever a sound economic decision. They generally guarantee seats for historically big games, which might make them a good "investment" some seasons, but over the long haul they are just charity for the team/organization.
agz win
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94chem said:

Quote:

So yes, it stings sometimes when I have to dump tickets for one reason or another, and someone gets the benefit of my misfortune.
Thank you for your altruism. I had season tickets for 9 years, and it was too much of a commitment. Season tickets for any sport, anywhere, are seldom if ever a sound economic decision. They generally guarantee seats for historically big games, which might make them a good "investment" some seasons, but over the long haul they are just charity for the team/organization.

The team/organization provides a service for our costs plus one gets a social benefit in making friends with other Ags in attendance near ones seats plus the entertainment benefit of game and the pre and post tailgating.

When we win our home games, it makes it a much easier commitment.

It was great having the nations longest home winning streak under Coach Slocum's reign, but not so great with too many home losses with Coach Sumlin at the helm.

Come on, Jimbo, roll the dice and make it fun again.
91poohah
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Very true... I only made one home basketball game last season. Schedule just didnt fit, so sold as many as I could via FlashSeats, usually at discounted prices, but with a minimal fee for myself. And transferred a few with no fees to friends, which was very easy to do. But also listed a few key games on Stubhub at very inflated prices because there were more buyers paying higher prices for choice seats. Even with the higher fees, I was better off selling via this route for weekend and big games. Just more buyers and people willing to pay a premium for great seats.

For volleyball, there is no secondary market, and I'll be lucky to make 2 games next fall. But supporting the program is worth it to me, and the tickets are not very expensive. Same for soccer, which I had season tickets to in the past.

For baseball, there are just so many games, and I think I only made a few this season. Relied on FlashSeats to transfer and sell tickets every week. And now will count on StubHub for those transactions, and it won't be a problem. If I price correctly, I won't be worse off.

Yeah, the bid function was nice, but I'm not going to lose sleep over it. And I can still list seats on the TexAgs exchange when I want to, and transfer for free to verified Ags, and have them send me money. No fees for anyone. Really simple.

If the 12th Man can make a lot more money though StubHub, then I'm OK with it. Too often, the TMF has gotten roasted for perceived bad decisions or lack of execution. This sounds like a proactive move to maximize revenue. They were getting zero percent of the majority of Aggie secondary market ticket sales, and only a small percentage of secondary sales through FS. Now they will get a small percentage of ALL Aggie sales through StubHub. Makes sense to me.
wbt5845
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I wonder what the minimum asking price will be. I normally go to games for about $10 by waiting until 1 hour before kickoff.
Ags4DaWin
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91poohah said:

Not a bad move in my opinion... Both FlashSeats and Stubhub have easy to navigate features and are intuitive to use. The announcement says that free transfers will still be an option, so that's a plus for sending tickets to friends, family, coworkers or customers without a fee. And getting tickets is easy as well... Also, Stubhub has a greater reach and larger market than Flash, so more potential buyers if you are on the selling side, and more listings if you are on the buying side.

I can imagine this will not sit well with non-season ticket holders that preyed on cheap ticket listings on FlashSeats. As a buyer, I think StubHub may be a bit more expensive, but the TMF does not have the job of looking out for secondary buyers, their responsibility is to the 12th Man, the Athletic department, and the donors and season ticket holders. As long as I have a means to transfer tickets to friends with no charge, or list tickets to sell when I have extras, I'm fine if they are a bit more expensive to the buyers...

And I have to think the TMF is getting a better deal or they wouldn't have changed partners. I remember the move from Nike to Adidas, and that was a no-brainer for the athletic department. Pay lots to Nike and get no support, or get paid lots to wear Adidas and get better support. That was a smart business decision, and I have to think StubHub is making it worthwhile for the 12th Man to make this move.


Could be a good decision. Could be a bad decision. All I know is:

1) cheaper secondary market tickets means tickets won't go unused as often.

2) Unused tickets means fewer butts in the seats.

3) Fewer butts in seats on game day means fewer people buying $12 beers/$24 chicken wraps from the concessions and other Aggie merch at the vendors inside Kyle field.

What percent of revenue is straight from concessions/merch at Kyle field?

TMF has already been paid prior to a season ticket hitting the secondary market. If it goes unused then they are losing revenue from people being in the stadium and buying stuff on game day. It would behoove them to make sure as many secondary tickets get used as possible: once again assuming TMF gets a cut of concessions and other Aggie merch purchased in the stadium.

I am a not the one making the decisions, and I know TMF's job is to generate revenue, but the Atlanta falcons have proven that you can make a lot more money keeping prices low and making it easier to bring people into the stadium and even making merch and concessions cheaper than by pricing yourself out of the market by nickel and diming your fan base and alienating potential customers.

If stubhub makes the secondary market more expensive and difficult to use, then TMF could be biting themselves in the ass.
bmc13
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Quote:

I am a not the one making the decisions, and I know TMF's job is to generate revenue, but the Atlanta falcons have proven that you can make a lot more money keeping prices low and making it easier to bring people into the stadium and even making merch and concessions cheaper than by pricing yourself out of the market by nickel and diming your fan base and alienating potential customers.
mhayden
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bmc13 said:

Quote:

I am a not the one making the decisions, and I know TMF's job is to generate revenue, but the Atlanta falcons have proven that you can make a lot more money keeping prices low and making it easier to bring people into the stadium and even making merch and concessions cheaper than by pricing yourself out of the market by nickel and diming your fan base and alienating potential customers.


The Atlanta Falcons original pricing had PSL requirements of at least $500 on every single seat in the new stadium and they were struggling to sell the place out because people weren't willing to pay those prices.

They didn't lower prices and offer cheap concessions because they had this new way of thinking, they did so because they couldn't sell tickets.

Had Falcons not made the Super Bowl and multiplied the demand, you would have seen plenty of articles talking about how they missed the mark on stadium pricing.

Falcons are probably the best example of how the product on the field is going to drive pricing more than anything else.
spanky
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AG
So anybody list tickets yet? I see where it gives you the option to select Flash or paper tickets.

Quote:

Flash transfer
These are mobile-only tickets stored in a Flash Seats account. After you sell your tickets, you'll transfer these tickets using the Flash Seats app.

Paper tickets
These are traditional tickets printed on laminated, hard stock paper, wristbands or tickets printed at home.


So I guess the electronic ticket will still be handled through flashseats for the buyer?
CowboyGirl
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spanky said:

So anybody list tickets yet? I see where it gives you the option to select Flash or paper tickets.

Quote:

Flash transfer
These are mobile-only tickets stored in a Flash Seats account. After you sell your tickets, you'll transfer these tickets using the Flash Seats app.

Paper tickets
These are traditional tickets printed on laminated, hard stock paper, wristbands or tickets printed at home.


So I guess the electronic ticket will still be handled through flashseats for the buyer?
I listed and have sold 3 games on StubHub. I got an email from them this week directing me to transfer the tickets via my Flash Seats account. I presume that when we actually get the tickets we will be able to transfer directly via StubHub somehow without going through Flash Seats, but don't know that for a fact.
JustPanda
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Flashseats is dog ***** No idea how anyone thinks they are the cat's pajamas.
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