Mark Cuban on Selling Tickets

Talking with the Musers on The Ticket this morning, Cuban explained how they pushed group sales to keep their consecutive sell out streak intact last year in spite of the [deleted] economy and competition from the new Cowgirls Stadium.
It's not an earth shattering business approach, but it just goes to show that even one of the most successful franchises in sports can have trouble moving tickets. You've got to figure that $1 ticket turns into $10+ if they buy a hot dog, soda, candy, foam finger, t-shirt, mini football, etc.
Another area SMU lacks is pushing merchandise in our venues. If you set up a quality display, kids go ape [deleted] and the stuff sells itself. The few times I've seen a merch table it's a folding table with a bunch of boxes of stuff and maybe a t-shirt and polo shirt laying out. Not exactly exciting.
"I'd rather have 1,000 cub scouts (@ $1 a ticket) in the building screaming than 1,000 empty seats."
It's not an earth shattering business approach, but it just goes to show that even one of the most successful franchises in sports can have trouble moving tickets. You've got to figure that $1 ticket turns into $10+ if they buy a hot dog, soda, candy, foam finger, t-shirt, mini football, etc.
Another area SMU lacks is pushing merchandise in our venues. If you set up a quality display, kids go ape [deleted] and the stuff sells itself. The few times I've seen a merch table it's a folding table with a bunch of boxes of stuff and maybe a t-shirt and polo shirt laying out. Not exactly exciting.