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#1
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Why don't more businesses auction off their high demand items. I can think of two obvious examples where auctioning makes sense in my mind, but I wonder if I'm overlooking something.
new gaming consoles near opening day tickets for sporting events, concerts, etc. I'm sure there's more. |
#2
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they sell like a million consoles, that kinda seems like a hassel to organize.
Basically, for sporting events they are auctioning them off by gouging the prices way up. |
#3
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Ya, when the XBox360 came out, there was way higher demand than supply and there were going to be shortages anyway. Why didn't Microsoft charge in the 550-600 dollar range when it was going for much higher than that online?
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#4
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[ QUOTE ]
tickets for sporting events, concerts, etc. [/ QUOTE ] Ticketmaster does this, usually for first 3-8 floor rows of a big concert, depending on the venue. Prices tend to range from 2.5x-1.5x the highest regular printed ticket price as you move back. That figure is just based on my experience looking at tickets - I don't know if it holds true for all auctions but I'd guess it's something like that. |
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