Post by sunbeam on Jun 16, 2005 9:47:22 GMT
mountainpanther said:
andyd said:
The fact is touts are on the make from the very people they stop getting tickets at the proper prices and I'm very surprised if ANYONE can honestly say its fair, its not, touts are a disgrace IMO.I have every sympathy with what you say Andy.
At the end of the day though it comes down to human nature and the law of supply and demand.
A proportion of human kind is greedy and another section are prepared to pay over the odds for what they want. One serves the other - or preys on them according to how you view it.
If people stopped paying above face value for tickets then ticket touts would disappear overnight.
You've hit the nail on the head MP. Touts can only profit if people pay over the odds. I'm not a tout Andy but I have no problem with them. As long as the tix are legit then it is pure capitalism in my book.
Take this year's Tests. Demand outstripped supply so tix are being sold for high prices on ebay. I have my tix for TB and have no interest in selling them but I don't blame those that do.
What is the solution? More supply. Demand for Ashes tix will be high in Melbourne but no tix will be on ebay then. Why? Because the MCG hold 90,000 fans and so supply will meet demand.
If demand exceeds supply you either increase supply or reduce demand by increasing the price. That's why Man Ure are increasing the capacity at OT by 7,600 seats and Liverpool and Asenal are building new stadia. Touts could have made money outside the old LPS but can't make money now we play at the NIC.
Simple.