Balli001
Well-Known Member
So if they sell all the boxes i expect you to make a full apology yes?
So if they sell all the boxes i expect you to make a full apology yes?Well it isn't because barely any box holders are renewing. At least by staggering the rises over 2-3 seasons it would've allowed the club to find its ideal price point.
As both I and others have said aligning themselves with other Championship clubs straight off the bat doesn't work as there's so many variables needed to be accounted for first.
So if they sell all the boxes i expect you to make a full apology yes?
Amount of renewals isn’t really indicative of anything. What’s important is whether they sell.Well it isn't because barely any box holders are renewing. At least by staggering the rises over 2-3 seasons it would've allowed the club to find its ideal price point.
As both I and others have said aligning themselves with other Championship clubs straight off the bat doesn't work as there's so many variables needed to be accounted for first.
Amount of renewals isn’t really indicative of anything. What’s important is whether they sell.
I’ve no idea whether they will or not, time will tell.
How are they going to sell all the boxes when the vast majority of existing box holders are outright refusing to renew?
Regardless of whether it ends up working out or not, what I can't see is a bunch of new businesses just clamouring to buy. I might be wrong, but it's a niche product anyway, isn't it.Amount of renewals isn’t really indicative of anything. What’s important is whether they sell.
I’ve no idea whether they will or not, time will tell.
You don’t know what the profit margin is or how much the club will spend marketing the boxes so this is pretty meaningless. It’s a just a rule of thumb that’s tossed around in business.Well it categorically is because it's considerably harder and more expensive to acquire a new customer than it is retaining an existing one.
There is also a waiting list for the boxes, therefore it would be incorrect to assume that just because existing box holders are not renewing that we won't sell the boxes.
Yeah it’s pretty niche but then there are plenty of clubs with sold out corporate boxes.Regardless of whether it ends up working out or not, what I can't see is a bunch of new businesses just clamouring to buy. I might be wrong, but it's a niche product anyway, isn't it.
It's really not incorrect to assume that at all. The majority on the waiting list will likely follow suit and not bother because the premise upon which they joined said list was that the boxes would be roughly in or around the previous price.
You don’t know what the profit margin is or how much the club will spend marketing the boxes so this is pretty meaningless. It’s a just a rule of thumb that’s tossed around in business.
It is fair to say it's easier to sell out if you keep who you have and add to them, then start afresh however, isn't it. We'll see how it pans out, but if a lot don't renew, it'll be tough to find a lot to replace them. A few...? Maybe less hard. A waiting list is also maybe a misnomer, as that's a waiting list at old prices.Yeah it’s pretty niche but then there are plenty of clubs with sold out corporate boxes.
To other customers...How are they going to sell all the boxes when the vast majority of existing box holders are outright refusing to renew?
To other customers...
As a business owner you should be able to comprehend that an increased profit margin might outweigh the increased costs of acquiring new customers.As a business owner, the notion that acquiring new business is harder than retaining existing customers isn't just a rule of thumb, it's fact.
So you keep saying and I don’t disagree. However, they still have to bring in as much income as possible and reduce losses. Then any profit from player sales has more chance of ending up on the field.
Its facts though. They only need to sell half the allocated amount of boxes to match the revenue received last year. You say because nobody is renewing we wont sell any at all. Just not fact what so ever.Genius insight as ever.
As a business owner you should be able to comprehend that an increased profit margin might outweigh the increased costs of acquiring new customers.
Its facts though. They only need to sell half the allocated amount of boxes to match the revenue received last year. You say because nobody is renewing we wont sell any at all. Just not fact what so ever.
From his comments it seems like he wants to invest a minimal amount to fluke a promotion and parachute payments.Yes but that’s separate from also putting a team out. King needs to decide if the clubs route to profitability is in the PL or L1 and create a squad accordingly.
Ok can you accept it is likely we will sell at least half the boxes.I've not said that whatsoever....
As a business owner you should be able to comprehend that an increased profit margin might outweigh the increased costs of acquiring new customers.
And the fact we have a squad of about four players right now.
So if they sell all the boxes i expect you to make a full apology yes?
Although it’s a jarring increase we don’t know until we see what sells.Yes, which its why I've long believed it was vital for the club to increase the prices of the boxes as they were priced far too low. I've even written a post on this thread criticising the commercial department for not increasing the prices further last summer.
But there's a limit to which prices can be increased for it to become detrimental and the club have quite obviously exceeded that threshold.
How are they going to sell all the boxes when the vast majority of existing box holders are outright refusing to renew?
There is also a waiting list for the boxes, therefore it would be incorrect to assume that just because existing box holders are not renewing that we won't sell the boxes.
Not going be easy to replicate the same team we had last season.
I mean... he's right. Prices make it pretty clear the club have totally different customers in mind.Genius insight as ever.
I mean... he's right. Prices make it pretty clear the club have totally different customers in mind.
If that happens then I think they will sell them match by match.
Yes more than likely. But as stated previously in another post, the match by match sales strategy will only be profitable if the performances on the pitch warrant it. Hence why it's better to have boxes purchased for the entirety of the season than the commercial department be forced to sell them on a game by game basis.
Don't let simple logic get in the way of you and your mates having a toddler tantrum. Why would they fixate on a set of customers that have been paying a third of what the club think their product is worth?I've discussed why that's a problematic strategy in my previous posts. Not repeating myself again.
Don't let simple logic get in the way of you and your mates having a toddler tantrum. Why would they fixate on a set of customers that have been paying a third of what the club think their product is worth?
Not like they've plucked the pricing out of the air - normal for this level - and the boxes were never meant for mates buying together. I'd say the strategy is problematic for you. Probably good for the club.
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