Dynamic pricing is designed to maximise the revenue achieved from sales and allows companies to price products and services appropriately. This, in turn, contributes positively to the financial position of the business.
Dynamic pricing is part of our everyday lives in a modern consumer environment and we currently buy many things in this way such as airline tickets, concert tickets, train tickets, hotel rooms, holiday packages, etc.
Why has Hearts decided to use dynamic pricing?
Hearts are following similar models used by football teams across Europe and other sporting organisations, most notably in the US, in order to generate maximum ticket revenue while also, as importantly, giving supporters an opportunity to buy cheaper season tickets (dependent on when you buy)
The club have made the decision based on the requirement to meet European Financial Fair Play criteria and ensure Hearts can compete in Europe while also running a self-sustainable business. It is crucial that the club becomes self-financing and the club has made very good progress in recent years in working towards this aim. This will protect the club in the long term.
How long will I have to buy at the cheapest price?
This cannot be forecast as it very much depends on demand. It is clear however that the earlier buyers will gain the biggest savings.
It is also worth noting that from the launch, every single adult ticket for every one of our four zones - platinum, gold, silver, bronze - is at a lower price than last year's launch prices.
How often will the prices change?
Prices will change when certain sales targets are reached in terms of numbers of season tickets sold.
Just introduced by Hearts but wonder if we shall see it at Pittodrie?
From the Season Ticket Q&A on the Hearts Club Website
http://www.heartsfc.co.uk/articles/20120320/bseason-tickets-qab_2257176_2685496