• Jeff Ely

Purple Pricing Hits The Nail On The Head

A great write-up at Crain’s Chicago Business of the tremendous success we had with Purple Pricing for the Northwestern-Ohio State football game.  A key quote:


The modified Dutch auction system, which guarantees that buyers don’t pay any more for tickets than anyone else in their section, ended up selling out at $195, $151 and $126 for seats on the sideline, corner and end zones, respectively.
On the secondary market, sideline seats have sold for an average of $190, corner seats for $135 and end-zone seats for $127. That suggests that fans haven’t been able to flip them for a profit — at least, not yet.


http://www.chicagobusiness.com/article/20130923/BLOGS04/130929974#

Jeffrey Ely

Department of Economics

Northwestern University

2211 Campus Dr Evanston, IL 60208

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©2019 by Jeffrey Ely.