system

ticketing platform
$
sets base price
20
ticketing platform
$
sets base price
20
price based on market value
$
no extra fees
*
processing + $10
20
price based on market value
$
no extra fees
*
processing + $10
20
seats are sectioned off
price starts at base worth
$
20
$
20
$
30
$
50
$
30
$
30
$
20
$
40
$
45
$
45
tickets are open for bidding
for specific time period
lets say...1 month for
our purposes
consumer specifies:
desired area
consumer specifies:
# of seats
thats 4 seats
$
50
in the min. $50 section
consumer then indicates
MAX
willing to pay for:
section & seats
again, for our purposes,
lets say:
$
/ ticket 70
bidding now commences
as it would for any other item
consumer receives updates
based on bidding trends
$
50
$
50
$
55
$
50
$
55
$
60
$
50
$
55
$
60
$
65
$
50
$
55
$
60
$
65
$
70
this allows consumer to make
involved decisions on bid
and decide to:
stay the same
increase
drop out
based on bidding trends,
based on bidding trends,
if consumers bid is lower
and out-bid for desired section
consumer bid
new min. bid
for section
$
75
$
70
based on bidding trends,
if consumers bid is lower
and out-bid for desired section
consumer bid
new min. bid
for section
$
75
$
70
based on bidding trends,
if consumers bid is lower
and out-bid for desired section
consumer bid
new min. bid
for section
$
75
$
70
based on bidding trends,
if consumers bid is lower
and out-bid for desired section
seats get bumped to:
next available/desirable
next available/desirable
based on bidding trends,
if consumers bid is lower
and out-bid for desired section
consumer bid
new min. bid
for section
$
75
$
70
based on bidding trends,
if consumers bid is lower
and out-bid for desired section
consumer bid
new min. bid
for section
$
75
$
70
consumers bid becomes
their highest bid for new
section unless they
choose to increase
consumer bid
$
70
based on bidding trends,
if consumers bid is lower
and out-bid for desired section
consumer bid
new min. bid
for section
$
75
$
70
based on bidding trends,
if consumers bid is lower
and out-bid for desired section
consumer bid
new min. bid
for section
$
75
$
70
bidding process continues
until end of specified time
actively monitor and bid
to secure tickets!
ticket
ticketing platform
$
sets base price
20