Abstract: The system and method of the present invention includes a predictive model for ticket sales. In one embodiment, the model predicts ticket sales as a function of the quality of the event and the quality of the section in which the seat is located over a range of ticket prices. The present invention also includes a system and method for dynamically pricing tickets wherein the aforementioned sales projections, coupled with real-time factors relating to the characteristics of the game and the remaining tickets, are used to optimize ticket prices to maximize revenue at the venue.
Type:
Application
Filed:
April 27, 2012
Publication date:
August 16, 2012
Applicant:
QCUE, INC.
Inventors:
Barry Kahn, Daniel Keshet, Walter Bodwell
Abstract: The system and method of the present invention includes a predictive model for ticket sales. In one embodiment, the model predicts ticket sales as a function of the quality of the event and the quality of the section in which the seat is located over a range of ticket prices. The present invention also includes a system and method for dynamically pricing tickets wherein the aforementioned sales projections, coupled with real-time factors relating to the characteristics of the game and the remaining tickets, are used to optimize ticket prices to maximize revenue at the venue.
Type:
Application
Filed:
October 4, 2010
Publication date:
January 19, 2012
Applicant:
Qcue, Inc.
Inventors:
Barry Kahn, Daniel Keshet, Walter Bodwell