- WEB STARTUPS
- WEB JOBS
- ALL TOPICS
We’ve covered NY-based SeatGeek several times over the past few months. The company describes the service as, “Bing Travel for concert and sports tickets.” In January the company released their first StarPulse report.
Today SeatGeek has launched their newest service named TicketPortfolio. The basic idea behind TicketPortfolio is to help season ticket holders get the most money for the tickets they won’t be able to use throughout the season. The service currently works with all MLB teams with coverage for all 4 major U.S. sports coming soon (NFL, NBA, MLB and NHL). Once a user has determined they want to sell a batch of tickets, SeatGeek works with the secondary ticket providers (i.e. StubHub) to faciliate the actual sale.
“TicketPortfolio was developed with the needs of the season ticket holder in mind,” said Jack Groetzinger, co-founder of SeatGeek. “After extensive research and discussions with this crucial part of the fan base, we developed a tool to help maximize the value of their investment, while removing the stress associated with selling unused tickets.”
The TicketPortfolio service costs $15/month. If you are new to SeatGeek, checkout their video demo we recorded at the Hackers & Founders event in NYC.
Today they published the February 2010 edition of their TicketPulse sports ticket trending report. The report uses lots of analytics and multiple regression models to generate the graphs and bullet points. Some of the key findings from the report include:
- New Orleans Hornets are the best for ticket value followed by the San Antonio Spurs
- Lakers, Bulls, Celtics offer the worst ticket value
- “The Lakers vs. Celtics game on February 18th represents the highest average ticket price
for all remaining games in the second half of the NBA season, selling at an average of 300 or 375% of face value”
- The top 5 NBA stars that show the most interest from fans when on the road are: LeBron James, Kobe Bryant, the Boston Celtics, Dwight Howard and Carmelo Anthony
You can download the full SeatGeek TicketPulse report here. And in case you are wondering, once Patrick comes back to the Knicks – watch out!
Continue reading “SeatGeek Says LeBron James Has Highest NBA StarPulse” »
NY-based SeatGeek describes their service as, “Bing Travel for concert and sports tickets.” The company provided an overview of their ticket forecasting service and I’ve posted the video below. The goal of SeatGeek is to tell you when is the best time to purchase tickets to sporting events and concerts.
SeatGeek displays maps of the arenas and stadiums and color-codes the seats based on the best available tickets. SeatGeek analyzes millions of tickets from the secondary markets and then apply their own values for things like winning percentages and weather forecasts to determine when is the right time to buy. The company says they are 80% accurate on forecasting ticket prices.
Tickets are offered for the top 2,000 artists and all major sports events except hockey which they note will be available soon. SeatGeek generates revenue from affiliate commissions anywhere from 7-10%. They work with StubHub, eBay, RazorGator and a variety of other small broker firms.
Continue reading “SeatGeek Forecasts Ticket Prices” »