Death of the baseball ticket
On deck for 2013: Major League Baseball paper tickets may drop to less than 10% of tickets sold.
This post comes from Jeremy Olshan at partner site MarketWatch.
Major League Baseball wants to stop selling tickets. That is, the kind printed on card stock with perforated edges and a U.S. Constitution's worth of disclaimers crammed onto the back in three-point type.
The traditional ticket stub accounted for less than a third of single-game seats sold this past season, down from 55% in 2011, league executives say, as fans continue to embrace digital tickets delivered by email or text message. That number should drop to less than 10% by next season with the help of apps like Apple's new Passbook feature on the iPhone, they say, and in coming years paper tickets may be Cooperstown relics.
In fact, Passbook -- which allows tickets and loyalty cards from a variety of outlets to be delivered to one iPhone app -- proved to be an instant hit with fans, Bob Bowman, the CEO of MLB Advance Media, tells MarketWatch. In its test run with four teams for the final two weeks of the season, 1,500 e-ticket buyers (12%) chose Passbook delivery. "That adoption rate really floored us. There is no question our fans want digital tickets," Bowman says. "Fans can use the tickets, forward them to a friend, resell them or even donate them to charity -- and they never get lost or left at home."
If convenience is the principal benefit of digital tickets to fans, what's in it for sports leagues? Data, says Bowman. "From a team perspective, the biggest advantage is knowing who is at the ballpark, how many times they come and where they sit," he says. Though Apple does not share user data through Passbook, the trove of personal information fans provide through MLB's iPhone app can be used to create new loyalty programs and better targeted marketing campaigns.
"If you know someone goes to the Brewers game every time the Cardinals are in town, they may be as much a Cardinals fan as a Brewers fan, and you want to send them different types of communications," Bowman says. "Or if you have a fan who always sits in the third tier but goes to 20 home games, you can upgrade his ticket on the 21st game to right behind home plate."
In other words, expect more emails, offers and advertising.
Oddly, the rise of the digital ticket is making the old paper ones more valuable, collectors say. Few lament the loss of ticket stubs until they witness a series clincher, a perfect game or other memorable feat, says Dean Macchi, the president of That's My Ticket, which frames, preserves and enlarges ticket stub collectibles. "It's one of the few true artifacts that was in the stadium for a historic moment." The company is even licensed to create framed replica tickets (starting at $25) for those wishing to preserve their day at the ballpark with something more tangible than an iPhone bar code image.
Knowing the paper tickets hold value, season ticket holders often leave them at home and use digital ones at the game. "We've seen that after the recent perfect games, a large number of mint condition unused game tickets suddenly flood the market," Macchi says.
As fewer people use paper tickets, more are beginning to appreciate them, says collector Mark Townsend. A May 14, 1967, stub from the game Mickey Mantle hit his 500th home run recently sold on eBay for $3,850. "I think you'll see more and more tickets at card shows, auction houses and on eBay, meaning that collectors are already starting to see the value of the real ticket," Townsend says. "And if the supply of tickets sold goes down, the price should go up."
More on MarketWatch and MSN Money:
- 5 cars brought back from the dead
- 10 things travel sites won't tell you
- Waiting in line: Good for ego, bad for wallet
- Smart Spending on the go: Get our app for Android or iPhone
- How to retire like an NFL official
- 4 ways credit cards are changing
Time was when we could buy tickets to go to the game...
Not so anymore..Our family cant afford the tickets anymore, prices
are too high for our budget now...
Copyright © 2014 Microsoft. All rights reserved.
ABOUT SMART SPENDING
LATEST BLOG POSTS
Are you being stalked behind the wheel? Here's how to tell and what you can do about it.
VIDEO ON MSN MONEY
BLOGS WE LIKE
MUST-SEE ON MSN
- Video: Easy DIY smoked meats at home
A charcuterie master shares his process for cold-smoking meat at home.
- Jetpacks about to go mainstream
- Weird things covered by home insurance
- Bing: 70 percent of adults report 'digital eye strain'