Keep An Eye On The Ticketing Uproar

by:

Joe Patti

With people feeling more comfortable going to public events again, the travails consumers suffer when trying to purchase tickets are coming front and center. Last week TicketNews reported that President Biden is urging Congress to pass legislation limiting excessive fees and mandating transparency about hold back practices.

The issue of high fees that are often hidden until you are well into the purchasing process is pretty well-known and complained about. Hold backs on the other hand, are less obvious and more in the realm of a suspected, but not confirmed practice.

While companies like Ticketmaster and Live Nation regularly blame ticket resale or “bots” for the enormous spike in ticket prices consumers are paying, many believe that price inflation by hiding the true available supply through holdbacks is the biggest factor in that price surge, with the industry hoping to sell consumers and lawmakers on resale being the issue rather than their own deceptive practices.

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Support for President Biden’s plan was also put forward by the National Association of Ticket Brokers, a trade group supporting ticket resale rights and consumer-friendly policy. Its statement specifically called out the “scheme called slow ticketing” used by Ticketmaster and Live Nation to hold back huge portions of tickets for most events without disclosure when tickets go on sale. Once the public is convinced that tickets are sold out, additional tickets are slowly released to the market, leading to a perceived yet artificial scarcity that convinces consumers to pay surged prices – referring to the process as a deceptive marketing practice.

Transparency and fair pricing may be a bigger issue in the attendance decision than we may realize. Among recent online reviews of my venue, comments about fair pricing and low fees appear multiple times.

It bears paying attention to public sentiment and how lawmakers move to resolve these growing concerns.

Perception of practices by some of the larger operators are so poor that suspicions may be raised about the entire event industry, painting everyone with the same brush. Engaging in relatively straightforward demand based or dynamic pricing practices may easily get lumped in with attempts at artificial manipulation, shunting tickets directly to resale markets and excessive fees.

What Is The Value Of A Press Release When News Stories Are Written By AI?

by:

Joe Patti

Many readers know that I recently moved from Macon, GA to take up a job in Colorado. Even before I moved, I was astounded by the number of articles that were being written about Macon, encouraging people to visit.  I kept asking what Visit Macon, the convention and visitors bureau was doing to encourage all this coverage which included Frommers, Southern Living, Yahoo! Conde Nast Traveler, AFAR, Bloomberg, Men’s Journal, INSIDER, CBS This Morning, and The New York Times. For a time I thought it was the ghost of the effusive vice president of sales and services for Visit Macon who died in September smiling down on the city.

As you might suspect all this success was the result of the work of a PR firm, TK PR. The folks from Visit Macon recently posted a newsletter piece from TK PR trumpeting their success promoting Macon. One thing that grabbed my attention was that they had gotten eight stories for Macon in 2022 resulting in 678 million impressions and $6.2 million in value at the cost of $0, plus 29 other stories for additional clients without once using a press release.

In the newsletter, TK PR founder, Taryn Scher, challenges readers to do away with press releases in 2023.

And while I can’t tell you in just a few sentences what we did to land each story, the one absolute thing we didn’t do to land any of these stories? Send a press release.

Y’all I hate to tell some of you this: but press releases died with the fax machine. If you are one of those few people who still relies on either, I’m sorry but I’m here to tell you it’s time to come on over into 2023. It’s nice out here. A little tech-heavy but we’re all adjusting.

Seriously though, you have to stop thinking that a press release is going to land you any sort of real quality media coverage.

Noting that CNET and others are publishing stories written by AI, she implies that living beings may no longer even be looking at press releases any more.   In this context, she suggests that waiting on someone to approve a quote that will appear in a press release is likely going to be a waste of your time.

Among the things to do instead is pitch the story directly:

That’s not to say the information isn’t important- but you need to take that who, what, when, and where and make it relevant to WHY NOW- why is this part of a bigger trend or relevant for the current news cycle? Why should a journalist care? And more importantly why will their readers care?

 

Australia’s Last Poet Laureate Was A Convict?

by:

Joe Patti

Big news out of Australia where the first national arts policy since 2013 was announced.  In addition to commitments of funding to specific entities and organizations, arguably the most significant element of the policy is a commitment  “….to protect First Nations knowledge and cultural expressions, with a particular brief on cracking down on fake art that plagues the $250m-a-year Australian Indigenous art market.”

Other elements of the plan include the establishment of a poet laureate position which last existed during the country’s convict era,  a state of the arts report to be issued every three years, and the establishment of  “a quota for expenditure on Australian content by multinational streaming platforms such as Netflix and Stan..” The amount of this quota is rumored to be about 20% and The Guardian article quotes people who are concerned streaming platforms may pull out of the country if they are required to produce Australia based content.

It happens that I saw a piece on Vice last night before I saw The Guardian article. Vice asked Australian artists what they thought about the plan.  Many felt the money was going to the usual suspects and advocated for a universal basic income plan for artists.

Others felt that the arts were unfunded in proportion to their footprint:

“The arts sector will get $286M over four years, or $72M a year. The fossil fuel industry gets $11.6B a year in government subsidies. Australia’s arts sector employs about six times as many people as the fossil fuel sector.

The requirement for locally generated content was cause for hope for some:

“I started to lose hope in local content knowing that reality TV filled up much of our “Australian” quota on broadcast networks. The possibility of streaming services now being made to spend 20% of their budget on original, local content honestly makes me feel hopeful and excited to pursue my career on my home turf.”

Less Attendees=Increased Satisfaction

by:

Joe Patti

Last week when I was writing about the ticketing trends being forecast for the coming year, I accidentally omitted an additional point from the article I found pretty interesting.  Apparently, during the pandemic, many attractions like  zoos, aquariums, museums and theme parks found that customer satisfaction increased when capacity restrictions were in place.

“Guests readily adapted to new procedures, which does not surprise us because it is consistent with what we have seen in our practice for many years,” Digonex’s Loewen says. “[Operators] also realized some of the business benefits. For example, when you limit the number of folks that can get into the attraction at a certain point of time, they saw all their guest satisfaction scores go up, and many of them saw all of their other per-cap revenues grow significantly. When it is less crowded, when people are having a better time, when they are feeling better about their visit, they tend to spend more on food and beverage and at the gift shop and on ride tickets.”

There have already been signs of these trends. Disney has apparently indicated they won’t go back to pre-pandemic attendance numbers. Similarly, the Louvre Museum is reducing admissions from 45,000/day to 30,000/day ““in order to facilitate a comfortable visit and ensure optimal working conditions for museum staff…”

Some US National Parks are requiring timed entry reservations from April 1-October 31.

So there is a good possibility other entities may start to use restricted admission as a customer satisfaction strategy in coming years. For some there may be a benefit to positioning their organization as an alternative activity for those who can’t gain admission to such places.