Marketers reshape how college teams price & sell tickets …

Punch line: Colleges that are able to fill their football stadiums and basketball arenas are starting to price differentially – charging more for “hot” games.

But, the bulk of colleges are having trouble filling seats and are outsourcing ticket sales to aggressive outside organizations (think, “Boiler Room”)

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Excerpted from USA Today

The “Haves” – Differentiated Pricing

Schools with overwhelming ticket demand are leveraging it as never before in an effort to boost revenue.

Notre Dame, for example, is varying football ticket prices by opponent for the first time this season. Games against Michigan State, Southern California and Boston College are $80; that’s $10 more than tickets for games against South Florida, Air Force and Navy.

The “Have Nots” – Outsourced Selling

“For years and years, if you put up enough billboards and sent out enough brochures, people would show up” at college games.

There not only was no need to be pushy in order to sell tickets to college games, there also was a fear of offending donors and deep-rooted fan bases by allowing non-profit colleges to have even the appearance of a chase-every-possible-dollar, professional sports business.

But, “colleges, for many years, were almost in an arms race for who could have the most seats — and they were able to fill those seats, for the most part. That has changed. … Most schools across the country have an issue with their football and/or their basketball seating demand vs. their seating capacity.”

Observers attribute this supply-demand imbalance to a combination of the tough economy, high gas prices and advances in high-definition television that have improved home viewing.

An empty seat leaves money on the table and  is a cancer to your brand.”

Hence, the rise in outsourcing

The number of schools outsourcing proactive, full-time ticket-selling operations to companies like Aspire, IMG, and Monumental S&E has recently skyrocketed.

The typical setup: 12 to 14 full-time staffers working on commission, each making 80 to 100 phone calls a day from a database of school-connected names.

“Get potential customers to talk about their love of the school. Seek referrals and new leads. Above all, make sales — and get psyched about making sales. Every time a staffer makes a sale, they ring a bell. Staffers who don’t ring the bell enough get fired.

  • Note: Georgetown uses Monumental Sports and Entertainment

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