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Long term arena building and revenue

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This Post:
11
272768.1
Date: 08/09/2015 14:52:45
Overall Posts Rated:
6565
Hello everyone!

I'm seriously planning on building a 12000/8000/500/50 arena for my team. I have a long way to go and I can still change my mind.

Most teams that I've checked out settle for ca. 17000/3000/500/50 on their arena.

Now, the reasoning for a different (and more expensive) build is that the lower tier tickets have a minimum of 18$ (max. up to 70$!) and the bleachers can "normally" hit that 17-20 range only in one's highest national league. So in the long run (once the expansion costs have been covered), my proposed build could rake in, say, thousands of more $ per home match. I've assumed that the lower tier retains my fans better than the bleachers, even after losses.

Now, what I'm asking you folks is your help and opinion: is my goal of 12000/8000/500/50 worth the try? Comments, feedback and own experience are welcome, thanks! :)

http://www.buzzerbeater.com/team/172406/arena.aspx

This Post:
22
272768.3 in reply to 272768.1
Date: 08/09/2015 15:37:48
Durham Wasps
II.2
Overall Posts Rated:
16131613
Second Team:
Sunderland Boilermakers
Now, what I'm asking you folks is your help and opinion: is my goal of 12000/8000/500/50 worth the try?

Absolutely. What you're aiming at is just a little in excess of what I already have.

(http://www.buzzerbeater.com/team/90686/arena.aspx)

I'm planning to add another 500 lower tier at some point, but will probably finish there. I believe your arena will give you exactly what you're looking for. More income than your rivals.

All you have to do then is spend it better than me.

This Post:
11
272768.4 in reply to 272768.1
Date: 08/09/2015 21:05:17
Overall Posts Rated:
178178
That's what I'm planning as well, except I want to max out the lower tier at 10,000. I'm getting closer with each passing season, but still a long ways to go.

From: Phyr

This Post:
11
272768.5 in reply to 272768.1
Date: 08/09/2015 21:29:46
Overall Posts Rated:
654654
One thing to keep in mind is that the maximum earnings occur at different ratios for each divisions. An American manager used an attendance tool we use to have on the USA offsite to calculate the maximum earnings for your arena. Assuming a 20k arena, the DI the ratio was 12000/7500, DII 14000/5500, and DIII 16000/3500.

I am aiming for that 12000/7500 arena but you are not making as much more as you could be in DIII and DII so you could make an argument for more bleachers but I definitely would not be building 17k. There are some who even argue for a 15000/10000 arena but i feel that is excessive.

From: HAHA

This Post:
22
272768.6 in reply to 272768.1
Date: 08/09/2015 23:49:33
HAHA001
IBL
Overall Posts Rated:
448448
I like this topic. Here is my arena: http://www.buzzerbeater.com/team/197874/arena.aspx

I plan to have 12000/7500/500/50 or something similar to that figures.

From: Phyr

This Post:
00
272768.9 in reply to 272768.8
Date: 08/10/2015 17:06:50
Overall Posts Rated:
654654
The guy who did the calculation also created the training simulator so I trust his math.

This Post:
00
272768.10 in reply to 272768.9
Date: 08/12/2015 02:58:43
Overall Posts Rated:
6565
@ everyone: +1, thanks a lot for your input! :)

Obviously this issue requires more study from me. I've kept an eye for other human player arenas in my league and I've regularly checked out the attendance/arena expansion tool in buzzer-manager.com. The only real issue is the difficulty on making a choice, since you can't destroy arena seats and once it's finished expanding, it's really finished. I'm still striving for the total of 20550 seats since many users seem to agree on a soft cap around there.

The reason for why I started the thread is that I've read, understood and tested with my arena, that the lower tier retains more fans even after losses - and it's a rocky road to the top. Furthermore, at one's D.I league 18$ for bleachers is "normal" (from what I've seen). If you price your lower tier, say even at 21$ and succeed at filling those seats, then you're making more than what the bleacher seat could ever bring you.

@Phyr: Perhaps with correct pricing, one could influence the fans by raising the prices in the bleachers and keeping the lower tier at minimum? This of course will require some trial and error, but perhaps this way one could keep the arena at around that 12000/7500 D.I range, nevertheless of demotion/promotion issues. I assume the calculations you had on the offsite were a matter of diminishing returns, but one can only be that flexible in arena building!

From: Phyr

This Post:
11
272768.11 in reply to 272768.10
Date: 08/12/2015 21:54:10
Overall Posts Rated:
654654
Offsite tool showed the prices of every single arena in a certain USA Division and the number of seats each team was able to fill at that price.