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Unit 3 Micro: The Rise of Dynamic Ticket Pricing in Sport

Geoff Riley

20th October 2012

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An autumnal hat tip to Ralph Bostock at the Royal Grammar School Clitheroe for spotting this excellent article from BBC news on the growing use of dynamic ticket pricing by professionals sports clubs. Dynamic pricing to increase revenue - also known as yield management - has long been a common feature of pricing strategies among airlines and bus, coach and train operating companies. Now we find it occurring more frequently for tickets to football clubs many of whom have been struggling to fill their grounds on match day. The Football League has regulations governing ticket prices but Derby County has been given the go-ahead for a trial of dynamic pricing - is it working to boost the gate?Here is the link to the article

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Geoff Riley

Geoff Riley FRSA has been teaching Economics for nearly forty years. He has over twenty years experience as Head of Economics at leading schools. He writes extensively and is a contributor and presenter on CPD and Revision conferences in the UK and overseas.