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Post by showgirl on Feb 19, 2018 14:54:57 GMT
We know some theatres do this, though not all publicise the fact and some seem to use it as a threat to scare people into booking - and as we also know ( Latecomer commented only today), prices can fall as well as rise, catching out early bookers. However, at the new Nuffield Theatre in central Southampton, I've seen the top-price matinee ticket rise by £8 (from £36 to £44) in a matter of days - and I don't suppose £36 was the original price for those seats, either. That does seem quite steep for a midweek matinee and for a play not likely to appeal to school groups but clearly they've had no problem almost selling out, so good luck to the theatre, if not to my bank balance if I succumb!
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4,809 posts
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Post by Mark on Feb 19, 2018 15:11:15 GMT
I got a £25 box seat for Long Days Journey yesterday about an hour before the show. Equally I've gotten Kinky Boots dress circle for £20 last minute when dynamic pricing has kicked in, and Girl from North Country for £15 in previews when it first opened, also on the day. Labour of Love prime stalls for £10 about an hour before the show during previews.
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Post by andrew on Feb 20, 2018 13:14:38 GMT
I got a £25 box seat for Long Days Journey yesterday about an hour before the show. Equally I've gotten Kinky Boots dress circle for £20 last minute when dynamic pricing has kicked in, and Girl from North Country for £15 in previews when it first opened, also on the day. Labour of Love prime stalls for £10 about an hour before the show during previews. Were those last minute tickets from The website or from the box office? It’s maybe no more than semantics, but ‘Day seat’ pricing is not the same thing in my book as dynamic pricing. I’m always happy when the prices go down though, no matter how a tickets bought...
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4,809 posts
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Post by Mark on Feb 20, 2018 14:49:22 GMT
I bought my Girl from north country one online. I know for Labour of Love they were available online but I was in the area anyway. Kinky Boots was available online also but again, was in the area (we’d lost the Mormon lottery)
I think the only real “last minute reduction” from that lot was my long days journey ticket, but they’re not official dayseats.
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Post by charliec on Feb 20, 2018 17:49:13 GMT
Early in Groundhog Day previews I went quite a few times after getting v last minute premium tickets at £21 down from £90! The Old Vic is great at making some seats really cheap on the day of performance, especially during previews. Did the same for Christmas Carol.
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1,936 posts
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Post by wickedgrin on Nov 10, 2018 17:34:48 GMT
I have become fascinated regarding dynamic pricing in the West End.
Delfont Mackintosh use this system a lot on their website for their theatres.
But recently I have experienced this using Today Tix Rush tickets for Company for £25 sat in the centre of row D in the Dress - a seat usually priced at £99.50 Premium and on the Today Tix app (not rush) a discount seat for Dreamgirls Row F of the stalls for £35 - a seat usually £85 -£100. Now I'm certainly not complaining and I would recommend others to search out these deals, but I am fascinated how this works for the producers.
Obviously the situation at the last minute is that they don't want unsold seats in prime positions in the theatre and they discount to fill these, but clearly they have over estimated the demand at that price for that particular production - but could probably have sold them all for say £70 top price as opposed to £100 premium.
It clearly pays them to do this though that if they sell enough seats at the premium price and sell the last remaining few at a huge discount the revenue must be more than just having top prices?
But at Dreamgirls the other evening despite a very full mid week evening performance there were plenty of empty seats around me in the "premium" section but the back of the stalls were packed!
I wonder what the tipping point is?
Company is very undersold on the website - still at top dollar but when I have attended it seems packed - there must be some discounting going on?
It's very confusing. I think it puts off a lot of people who would like to go and see (say) Company and see the best seats are £100 - £135 and simply don't book. The rest of us seem to spend an awful lot of time fishing out bargains!!!!
It cannot make sense to sell prime seats for £25 though - is the dynamic pricing bubble bursting with a resistance to paying such prices. Personally I think producers can only get away with it if they have a HUGE hit currently Hamilton and Harry Potter, and demand FAR outstrips supply. The rest of the shows - if the prices are too high, folk either don't go or see something else.
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Post by Deleted on Nov 11, 2018 0:22:44 GMT
This week on the Manchester Arena website, I saw tickets drop three pounds every row away from the front of the stage. Not seen that before.
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7,193 posts
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Post by Jon on Nov 11, 2018 3:44:18 GMT
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Post by talkingheads on Nov 11, 2018 20:12:44 GMT
I booked to see King Hedley at Theatre Royal Stratford East next year on the day of release and got two front row seats for £20.
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Post by Deleted on Nov 11, 2018 20:17:10 GMT
Wicked UK Tour. At ATG venues, they have been dropping the price of any unsold seats to £25, which is a steal.
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Post by Deleted on Nov 12, 2018 14:22:33 GMT
I'd love to know how the algorithms work. How they set up at what time prices change and by how much and also whether clicks and uncompleted purchases influence price changes.
Company, to stick with the example provided earlier, were dropping prices the night before each performance but that seems to have stopped now.
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1,250 posts
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Post by joem on Nov 12, 2018 15:32:13 GMT
I'd love to know how the algorithms work. How they set up at what time prices change and by how much and also whether clicks and uncompleted purchases influence price changes. Company, to stick with the example provided earlier, were dropping prices the night before each performance but that seems to have stopped now. I am almost certain that multiple searches for a flight on a particular date puts up prices, at least temporarily, on the BA website so I assume the same can happen on any "dynamic pricing" (another of those wonderful euphemisms where something bad is presented as something good) website.
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Post by Deleted on Nov 12, 2018 19:07:02 GMT
I'd love to know how the algorithms work. How they set up at what time prices change and by how much and also whether clicks and uncompleted purchases influence price changes. Company, to stick with the example provided earlier, were dropping prices the night before each performance but that seems to have stopped now. I am almost certain that multiple searches for a flight on a particular date puts up prices, at least temporarily, on the BA website so I assume the same can happen on any "dynamic pricing" (another of those wonderful euphemisms where something bad is presented as something good) website. Yes I can confirm, from first hand experience, that does occur for flights having sat with family on different computers over a number of days pricing up trips. I also suspect the same would come into play with Dynamic pricing but I've not noticed it with Company which twice now I've checked seats for a particular performance daily for 7 days up to the performance and not noticed a price increase. I dare say maybe the more popular performances (Fri/Sat Night) this can occur though.
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Post by TallPaul on Nov 8, 2019 15:03:22 GMT
Reviving an old thread. This is the view of Cast in Doncaster, which I suspect won't be introducing dynamic pricing any time soon! (Sorry it's quite long, but I didn't feel it was my place to make cuts.)
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Post by marob on Nov 8, 2019 18:37:01 GMT
I agree with that completely. I hate dynamic pricing. It does leave me feeling like I've been ripped off.
I just got stung booking for My Beautiful Laundrette at Birmingham Rep. I checked the website a couple of weeks back and any seat was £10. I should have booked there and then, but with so many unsold seats I put it off until this week when the cheapest seat I could find was £19. Their system wouldn't let me leave a single though, so instead had to go for a £23.50 seat further back. Then get further into the booking and find a £2.50 transaction fee on top.
The performance was still billed as "from £10" which is technically correct, but a bit misleading, no mention of dynamic pricing on the show page.
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Post by justfran on Nov 8, 2019 20:23:59 GMT
Interesting reading, thanks for sharing TallPaul
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Post by BurlyBeaR on Oct 8, 2024 10:53:15 GMT
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Post by marob on Oct 8, 2024 11:42:38 GMT
Well said. But wasn’t Sunset one of the more extortionately priced shows using the dynamic pricing model?
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7,193 posts
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Post by Jon on Oct 8, 2024 11:52:54 GMT
A lot of theatres use dynamic pricing such as Theatre Royal Stratford East but they're upfront about it, it's not the same as Ticketmaster doing it within the same booking opening.
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Post by PineappleForYou on Oct 8, 2024 15:18:35 GMT
Well said. But wasn’t Sunset one of the more extortionately priced shows using the dynamic pricing model? I'm not sticking up for Lloyd Webber but that has a lot to do with ATG producing it. It's the reason why Sunset is the most expensive average ticket on Broadway now like Merrily was before it. They are one of the greediest out there.
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Post by distantcousin on Oct 10, 2024 12:22:05 GMT
Well said. But wasn’t Sunset one of the more extortionately priced shows using the dynamic pricing model? I'm not sticking up for Lloyd Webber but that has a lot to do with ATG producing it. It's the reason why Sunset is the most expensive average ticket on Broadway now like Merrily was before it. They are one of the greediest out there. And not defending ATG in any way, but I have noticed the aspect of dynamic that one mostly never sees - in that for Mandy Gonzalez performances seem to be bringing up some comparatively (for Broadway prices) bargain tickets....
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Post by max on Oct 10, 2024 17:25:40 GMT
I disagree with Dynamic Pricing for Subsidised Theatre. I think audiences there take risks, often with new or obscure work. They buy their ticket and may come away saying 'ho hum, that one didn't really work'. But when that theatre then has a success on its hands and those same faithful go to book and find the price has ratcheted up - it's a kick in the teeth for the local audience community's previous leaps of faith.
Don't do it!
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Post by Jon on Oct 10, 2024 20:46:36 GMT
I disagree with Dynamic Pricing for Subsidised Theatre. I think audiences there take risks, often with new or obscure work. They buy their ticket and may come away saying 'ho hum, that one didn't really work'. But when that theatre then has a success on its hands and those same faithful go to book and find the price has ratcheted up - it's a kick in the teeth for the local audience community's previous leaps of faith. Don't do it! Subsidised Theatres do need to make money though and a hit production can help balance the books
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Post by parsley1 on Oct 10, 2024 20:49:20 GMT
f*** me
Look at the pricing for Earnest at the NT
It’s basically sold out more than a month before is starts
Top stalls are £110
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Post by max on Oct 10, 2024 23:53:43 GMT
I disagree with Dynamic Pricing for Subsidised Theatre. I think audiences there take risks, often with new or obscure work. They buy their ticket and may come away saying 'ho hum, that one didn't really work'. But when that theatre then has a success on its hands and those same faithful go to book and find the price has ratcheted up - it's a kick in the teeth for the local audience community's previous leaps of faith. Don't do it! Subsidised Theatres do need to make money though and a hit production can help balance the books Fair point. Though I always used to say that if you go to your subsidised local theatre you've already paid 3 times. Once through general taxation, again through local taxation, and once again for the ticket charge. [That's less true now that few councils have kept up their subsidy ot the local ACE house]. I still think paying twice is enough. I'd prefer to see subsidised theatres staging an undeniable banker for those much-needed 'balance the books' shows; rather than putting a last minute premium (via dynamic pricing) on shows that turn out to be a hit.
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