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Different subject but it's all being masked by GT marketing the tickets thru Stubhub like they do. They're not trying to just sell the extreme nosebleeds and upper corners, there's prime real estate for the taking. If you're savvy like you've stated, you wait until it hits your price point. I was very disappointed in basketball when I tried that very thing. I was after some very close to the floor tickets. Started at something ridiculous like $100. I noticed there were only a handful for sale which was interesting because our season ticket sales were lackluster and it was an early season game against a nobody. Figured they'd dump them at $20 per ticket eventually right before game time, nope they left them unsold. I bought four $8 tickets in upper deck, walked in & saw thousands of empty seats below and we all moved down there.
Is there anyone with a marketing background that can speak to this? Back when airplanes often had a large % of seats empty on flights, I wondered why they (airlines) didn't have walk up sales at the last minute to generate extra revenue. It seemed better than flying with empty seats. I am sure that it has something to do with perceived market value but I am interested more in the actual theory/mathematics behind such decision making.