Wednesday, April 4, 2007

Baseball Early Ticket Analysis

Everyone is probably tired of talking about baseball by now, but we really wanted to sum up the early ticket sales. These are all of the sales made for regular season games that were sold before the season started. The numbers directly below are our own results.

First Transaction: February 6 (same day we posted them)
Number of Transactions: 191
Number of Tickets Sold: 478
Total Revenue: $37,344
Service Fees / Other Expenses: $4,761
Revenue – Service Fees $31,742
Cost of Goods Sold: $17,880
Profit: $13,862
Percent Inventory Sold: 20.168%
Profit Margin on Tickets Sold: 77.5%

We have sold a fifth of our inventory. That inventory cost us $17,880 and we have $31,742 in the bank from that. Now we do not expect to make a 77.5% return on the remaining 80% of the inventory. There are going to be Tuesday games against the Pirates and Devil Rays that we sill not make money on. We do expect around a 15 – 25% return from the regular season. Hopefully we have some World Series tickets coming in October. If the right teams go, it could be a very profitable year just from baseball.

Here are our top five teams for sales (this is from our sales only):

1) Yankees
2) Cardinals
3) Astros
4) Tigers
5) A’s

Two teams that have underperformed for us are the Giants and Mets. While we have had some good sales, we have only moved about 10% of the inventory from these two teams. Not that bad but a far cry from the 28% on inventory sold by the Yankees.

When we compile the list of top sellers every week, we get this from a variety of sources. We took the data for baseball only from 2/1 – 3/31. Here is how it came out:

Team Average Sold By Major Brokers from 2/1 - 3/31
Boston Red Sox 9753
New York Yankees 8438
Chicago Cubs 4559
St. Louis Cardinals 4410
Detroit Tigers 2419
Baltimore Orioles 2217
San Francisco Giants 2207
New York Mets 1866
Chicago White Sox 1807
Los Angeles Angels 1682
Philadelphia Phillies 1573
Atlanta Braves 1358
Texas Rangers 1294
Cleveland Indians 1264
Colorado Rockies 1135
Los Angeles Dodgers 955
Houston Astros 815
San Diego Padres 814
Cincinnati Reds 788
Kansas City Royals 693
Washington Nationals 615
Pittsburgh Pirates 566
Milwaukee Brewers 558
Minnesota Twins 521
Arizona Diamondbacks 464
Seattle Mariners 393
Oakland Athletics 331
Florida Marlins 248
Toronto Blue Jays 203
Tampa Bay Devil Rays 172


To learn how to make money being a ticket broker, visit www.MyTicketBiz.com

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