The game day experience has to change. Win with style, get back under the lights and figure out how to bring the party inside the stadium.
Since we control the ESPN+ games we control the production of them. We could use picture in picture for commercials without slowing the game down. That would literally reduce the game time to a little over 2 hours instead of just shy of 4 hours.
So what then? You reduce revenues in one area, what is your suggestion to replace it? We have a president that stated, "whatever athletics does, it's going to do on it's own." So if the prices are too high for the SBC, what exactly should we pay? Because we were unwilling to do more financially for athletics we are in the SBC today.
I would bet you are right about that Cajunsmike, Students watched that other game because there was excitement, it was talked about, and it was the social thing to do in the area. It was a party. UL against Liberty, not. That's why it's going to take getting this program up several notches on the field, to be nationally relevant, to have people actually talking about it, and being a really good program. It's going to take time, and we have to hope we are headed that direction and not have a setback.
Let’s assume there are 100 spots sold, which I’m pretty sure isn’t that far off from the actual number. That’s $100,000 in revenue for the RCAF at $1,000/spot. Let’s say they lower the price to $500/spot. We’re only down $50k. Of course we won’t be down $50k because a lot more people will start buying spots again. And those people will invite friends who will buy game tickets and concessions.
So at worst, you are probably out $25k/year. And at best, you are making more money from selling more spots, having more people show up, and having a better atmosphere.
But we've already reduced season tickets and food, so you have to replace that revenue as well. You see, once you start down this road, additional revenues have to be found when you reduce cost elsewhere. Until we get more butts in the stadium, that revenue goes down a black hole never to be seen again. If you reduce prices, you have to increase traffic in the stadium or, we have done nothing to replace those revenues.
There are currently 1 users browsing this thread. (0 members and 1 guests)