Why do fans go to football games? A discrete choice analysis of ticket buyers' preferences
PurposeTicket sales are an essential source of income for football clubs and federations. Analyzing the determinants of fans' willingness-to-pay for tickets is therefore an important exercise. By knowing the match- and fan-related characteristics that influence how much a fan wants to pay for a...
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Veröffentlicht in: | International journal of sports marketing & sponsorship 2024-01, Vol.25 (1), p.88-108 |
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creator | Becerra, Mario Balliauw, Matteo Goos, Peter De Borger, Bruno Huyghe, Benjamin Truyts, Thomas |
description | PurposeTicket sales are an essential source of income for football clubs and federations. Analyzing the determinants of fans' willingness-to-pay for tickets is therefore an important exercise. By knowing the match- and fan-related characteristics that influence how much a fan wants to pay for a ticket, as well as to what extent, football clubs and federations can modify their ticket offering and targeting in order to optimize this revenue stream.Design/methodology/approachUsing a detailed discrete choice experiment, based on McFadden's random utility theory, this paper formulates a Bayesian hierarchical multinomial logit model. Such models are very common in the discrete choice modeling literature. The analysis identifies to what extent match and personal attributes influence fans' willingness-to-pay for games of the Belgian men's and women's football national teams.FindingsThe results show that the strength of the opponent, the type of competition, the location of the seats in the stadium, the day and kick-off time of the match and the ticket price exert an influence on the choice of the respondent. Fans are attracted most by competitive games against strong opponents. They prefer to sit along the sideline, and they have clear preferences for specific kick-off days and times. The authors also find substantial variation between socio-demographic groups, defined in terms of factors such as age, gender and family composition.Practical implicationsThe authors use the results to estimate the willingness-to-pay for match tickets for different socio-demographic groups. Their findings are useful for football clubs and federations interested in optimizing the prices of their match tickets.Originality/valueTo the best of the authors' knowledge, no stated preference methods, such as discrete choice analysis, have been used to analyze the willingness-to-pay of sports fans. The advantage of discrete choice analysis is that options and variations in tickets that are not yet available in practice can be studied, allowing football organizations to increase revenues from new ticketing instruments. |
doi_str_mv | 10.1108/IJSMS-05-2023-0093 |
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A discrete choice analysis of ticket buyers' preferences</title><source>Standard: Emerald eJournal Premier Collection</source><creator>Becerra, Mario ; Balliauw, Matteo ; Goos, Peter ; De Borger, Bruno ; Huyghe, Benjamin ; Truyts, Thomas</creator><creatorcontrib>Becerra, Mario ; Balliauw, Matteo ; Goos, Peter ; De Borger, Bruno ; Huyghe, Benjamin ; Truyts, Thomas</creatorcontrib><description>PurposeTicket sales are an essential source of income for football clubs and federations. Analyzing the determinants of fans' willingness-to-pay for tickets is therefore an important exercise. By knowing the match- and fan-related characteristics that influence how much a fan wants to pay for a ticket, as well as to what extent, football clubs and federations can modify their ticket offering and targeting in order to optimize this revenue stream.Design/methodology/approachUsing a detailed discrete choice experiment, based on McFadden's random utility theory, this paper formulates a Bayesian hierarchical multinomial logit model. Such models are very common in the discrete choice modeling literature. The analysis identifies to what extent match and personal attributes influence fans' willingness-to-pay for games of the Belgian men's and women's football national teams.FindingsThe results show that the strength of the opponent, the type of competition, the location of the seats in the stadium, the day and kick-off time of the match and the ticket price exert an influence on the choice of the respondent. Fans are attracted most by competitive games against strong opponents. They prefer to sit along the sideline, and they have clear preferences for specific kick-off days and times. The authors also find substantial variation between socio-demographic groups, defined in terms of factors such as age, gender and family composition.Practical implicationsThe authors use the results to estimate the willingness-to-pay for match tickets for different socio-demographic groups. Their findings are useful for football clubs and federations interested in optimizing the prices of their match tickets.Originality/valueTo the best of the authors' knowledge, no stated preference methods, such as discrete choice analysis, have been used to analyze the willingness-to-pay of sports fans. The advantage of discrete choice analysis is that options and variations in tickets that are not yet available in practice can be studied, allowing football organizations to increase revenues from new ticketing instruments.</description><identifier>ISSN: 1464-6668</identifier><identifier>EISSN: 2515-7841</identifier><identifier>DOI: 10.1108/IJSMS-05-2023-0093</identifier><language>eng</language><publisher>London: Emerald Publishing Limited</publisher><subject>Consumers ; Experiments ; Polls & surveys ; Preferences ; Price elasticity ; Profits ; Sports fans ; Teams ; Ticket sales ; Willingness to pay ; Women</subject><ispartof>International journal of sports marketing & sponsorship, 2024-01, Vol.25 (1), p.88-108</ispartof><rights>Emerald Publishing Limited</rights><rights>Emerald Publishing Limited.</rights><lds50>peer_reviewed</lds50><woscitedreferencessubscribed>false</woscitedreferencessubscribed><cites>FETCH-LOGICAL-c325t-80754e4f97e106d9a8d2d4ad12236fc41eab1ca43d45716ac97a52c36a2d688f3</cites><orcidid>0009-0005-5539-4961 ; 0000-0001-6451-6696 ; 0000-0003-1008-8109 ; 0000-0002-3854-6506</orcidid></display><links><openurl>$$Topenurl_article</openurl><openurlfulltext>$$Topenurlfull_article</openurlfulltext><thumbnail>$$Tsyndetics_thumb_exl</thumbnail><linktohtml>$$Uhttps://www.emerald.com/insight/content/doi/10.1108/IJSMS-05-2023-0093/full/html$$EHTML$$P50$$Gemerald$$H</linktohtml><link.rule.ids>314,777,781,21676,27905,27906,53225</link.rule.ids></links><search><creatorcontrib>Becerra, Mario</creatorcontrib><creatorcontrib>Balliauw, Matteo</creatorcontrib><creatorcontrib>Goos, Peter</creatorcontrib><creatorcontrib>De Borger, Bruno</creatorcontrib><creatorcontrib>Huyghe, Benjamin</creatorcontrib><creatorcontrib>Truyts, Thomas</creatorcontrib><title>Why do fans go to football games? A discrete choice analysis of ticket buyers' preferences</title><title>International journal of sports marketing & sponsorship</title><description>PurposeTicket sales are an essential source of income for football clubs and federations. Analyzing the determinants of fans' willingness-to-pay for tickets is therefore an important exercise. By knowing the match- and fan-related characteristics that influence how much a fan wants to pay for a ticket, as well as to what extent, football clubs and federations can modify their ticket offering and targeting in order to optimize this revenue stream.Design/methodology/approachUsing a detailed discrete choice experiment, based on McFadden's random utility theory, this paper formulates a Bayesian hierarchical multinomial logit model. Such models are very common in the discrete choice modeling literature. The analysis identifies to what extent match and personal attributes influence fans' willingness-to-pay for games of the Belgian men's and women's football national teams.FindingsThe results show that the strength of the opponent, the type of competition, the location of the seats in the stadium, the day and kick-off time of the match and the ticket price exert an influence on the choice of the respondent. Fans are attracted most by competitive games against strong opponents. They prefer to sit along the sideline, and they have clear preferences for specific kick-off days and times. The authors also find substantial variation between socio-demographic groups, defined in terms of factors such as age, gender and family composition.Practical implicationsThe authors use the results to estimate the willingness-to-pay for match tickets for different socio-demographic groups. Their findings are useful for football clubs and federations interested in optimizing the prices of their match tickets.Originality/valueTo the best of the authors' knowledge, no stated preference methods, such as discrete choice analysis, have been used to analyze the willingness-to-pay of sports fans. The advantage of discrete choice analysis is that options and variations in tickets that are not yet available in practice can be studied, allowing football organizations to increase revenues from new ticketing instruments.</description><subject>Consumers</subject><subject>Experiments</subject><subject>Polls & surveys</subject><subject>Preferences</subject><subject>Price elasticity</subject><subject>Profits</subject><subject>Sports fans</subject><subject>Teams</subject><subject>Ticket sales</subject><subject>Willingness to pay</subject><subject>Women</subject><issn>1464-6668</issn><issn>2515-7841</issn><fulltext>true</fulltext><rsrctype>article</rsrctype><creationdate>2024</creationdate><recordtype>article</recordtype><sourceid>AFKRA</sourceid><sourceid>AZQEC</sourceid><sourceid>BENPR</sourceid><sourceid>CCPQU</sourceid><sourceid>DWQXO</sourceid><recordid>eNptkU1LAzEQhoMoWKt_wFPAg6fVfCd7kiJ-VCoeqgheQprMtlu3TU22h_57t7YggqeZw_O-DM8gdE7JFaXEXA-fxs_jgsiCEcYLQkp-gHpMUlloI-gh6lGhRKGUMsfoJOc5IVQzpnvo4322wSHiyi0znkbcdmuM7cQ1DZ66BeQbPMChzj5BC9jPYu0Bu6VrNrnOOFa4rf0ntHiy3kDKl3iVoIIESw_5FB1Vrslwtp999HZ_93r7WIxeHoa3g1HhOZNtYYiWAkRVaqBEhdKZwIJwgTLGVeUFBTeh3gkehNRUOV9qJ5nnyrGgjKl4H13selcpfq0ht3Ye16k7MVtWUqVKrTXrKLajfIo5d1faVaoXLm0sJXbr0P44tETarUO7ddiF8C4EPi7r_BsxRpScci07hO6RBSTXhP9r_7yGfwNvY31d</recordid><startdate>20240119</startdate><enddate>20240119</enddate><creator>Becerra, Mario</creator><creator>Balliauw, Matteo</creator><creator>Goos, Peter</creator><creator>De Borger, Bruno</creator><creator>Huyghe, Benjamin</creator><creator>Truyts, Thomas</creator><general>Emerald Publishing Limited</general><general>Emerald Group Publishing Limited</general><scope>OQ6</scope><scope>AAYXX</scope><scope>CITATION</scope><scope>7TS</scope><scope>7WY</scope><scope>7WZ</scope><scope>7XB</scope><scope>AFKRA</scope><scope>AZQEC</scope><scope>BENPR</scope><scope>BEZIV</scope><scope>CCPQU</scope><scope>DWQXO</scope><scope>F~G</scope><scope>K6~</scope><scope>L.-</scope><scope>M0C</scope><scope>M0F</scope><scope>PQBIZ</scope><scope>PQEST</scope><scope>PQQKQ</scope><scope>PQUKI</scope><scope>PYYUZ</scope><scope>Q9U</scope><orcidid>https://orcid.org/0009-0005-5539-4961</orcidid><orcidid>https://orcid.org/0000-0001-6451-6696</orcidid><orcidid>https://orcid.org/0000-0003-1008-8109</orcidid><orcidid>https://orcid.org/0000-0002-3854-6506</orcidid></search><sort><creationdate>20240119</creationdate><title>Why do fans go to football games? A discrete choice analysis of ticket buyers' preferences</title><author>Becerra, Mario ; Balliauw, Matteo ; Goos, Peter ; De Borger, Bruno ; Huyghe, Benjamin ; Truyts, Thomas</author></sort><facets><frbrtype>5</frbrtype><frbrgroupid>cdi_FETCH-LOGICAL-c325t-80754e4f97e106d9a8d2d4ad12236fc41eab1ca43d45716ac97a52c36a2d688f3</frbrgroupid><rsrctype>articles</rsrctype><prefilter>articles</prefilter><language>eng</language><creationdate>2024</creationdate><topic>Consumers</topic><topic>Experiments</topic><topic>Polls & surveys</topic><topic>Preferences</topic><topic>Price elasticity</topic><topic>Profits</topic><topic>Sports fans</topic><topic>Teams</topic><topic>Ticket sales</topic><topic>Willingness to pay</topic><topic>Women</topic><toplevel>peer_reviewed</toplevel><toplevel>online_resources</toplevel><creatorcontrib>Becerra, Mario</creatorcontrib><creatorcontrib>Balliauw, Matteo</creatorcontrib><creatorcontrib>Goos, Peter</creatorcontrib><creatorcontrib>De Borger, Bruno</creatorcontrib><creatorcontrib>Huyghe, Benjamin</creatorcontrib><creatorcontrib>Truyts, Thomas</creatorcontrib><collection>ECONIS</collection><collection>CrossRef</collection><collection>Physical Education Index</collection><collection>ABI/INFORM Collection</collection><collection>ABI/INFORM Global (PDF only)</collection><collection>ProQuest Central (purchase pre-March 2016)</collection><collection>ProQuest Central UK/Ireland</collection><collection>ProQuest Central Essentials</collection><collection>ProQuest Central</collection><collection>Business Premium Collection</collection><collection>ProQuest One Community College</collection><collection>ProQuest Central Korea</collection><collection>ABI/INFORM Global (Corporate)</collection><collection>ProQuest Business Collection</collection><collection>ABI/INFORM Professional Advanced</collection><collection>ABI/INFORM Global</collection><collection>ABI/INFORM Trade & Industry</collection><collection>ProQuest One Business</collection><collection>ProQuest One Academic Eastern Edition (DO NOT USE)</collection><collection>ProQuest One Academic</collection><collection>ProQuest One Academic UKI Edition</collection><collection>ABI/INFORM Collection China</collection><collection>ProQuest Central Basic</collection><jtitle>International journal of sports marketing & sponsorship</jtitle></facets><delivery><delcategory>Remote Search Resource</delcategory><fulltext>fulltext</fulltext></delivery><addata><au>Becerra, Mario</au><au>Balliauw, Matteo</au><au>Goos, Peter</au><au>De Borger, Bruno</au><au>Huyghe, Benjamin</au><au>Truyts, Thomas</au><format>journal</format><genre>article</genre><ristype>JOUR</ristype><atitle>Why do fans go to football games? A discrete choice analysis of ticket buyers' preferences</atitle><jtitle>International journal of sports marketing & sponsorship</jtitle><date>2024-01-19</date><risdate>2024</risdate><volume>25</volume><issue>1</issue><spage>88</spage><epage>108</epage><pages>88-108</pages><issn>1464-6668</issn><eissn>2515-7841</eissn><abstract>PurposeTicket sales are an essential source of income for football clubs and federations. Analyzing the determinants of fans' willingness-to-pay for tickets is therefore an important exercise. By knowing the match- and fan-related characteristics that influence how much a fan wants to pay for a ticket, as well as to what extent, football clubs and federations can modify their ticket offering and targeting in order to optimize this revenue stream.Design/methodology/approachUsing a detailed discrete choice experiment, based on McFadden's random utility theory, this paper formulates a Bayesian hierarchical multinomial logit model. Such models are very common in the discrete choice modeling literature. The analysis identifies to what extent match and personal attributes influence fans' willingness-to-pay for games of the Belgian men's and women's football national teams.FindingsThe results show that the strength of the opponent, the type of competition, the location of the seats in the stadium, the day and kick-off time of the match and the ticket price exert an influence on the choice of the respondent. Fans are attracted most by competitive games against strong opponents. They prefer to sit along the sideline, and they have clear preferences for specific kick-off days and times. The authors also find substantial variation between socio-demographic groups, defined in terms of factors such as age, gender and family composition.Practical implicationsThe authors use the results to estimate the willingness-to-pay for match tickets for different socio-demographic groups. Their findings are useful for football clubs and federations interested in optimizing the prices of their match tickets.Originality/valueTo the best of the authors' knowledge, no stated preference methods, such as discrete choice analysis, have been used to analyze the willingness-to-pay of sports fans. The advantage of discrete choice analysis is that options and variations in tickets that are not yet available in practice can be studied, allowing football organizations to increase revenues from new ticketing instruments.</abstract><cop>London</cop><pub>Emerald Publishing Limited</pub><doi>10.1108/IJSMS-05-2023-0093</doi><tpages>21</tpages><orcidid>https://orcid.org/0009-0005-5539-4961</orcidid><orcidid>https://orcid.org/0000-0001-6451-6696</orcidid><orcidid>https://orcid.org/0000-0003-1008-8109</orcidid><orcidid>https://orcid.org/0000-0002-3854-6506</orcidid></addata></record> |
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subjects | Consumers Experiments Polls & surveys Preferences Price elasticity Profits Sports fans Teams Ticket sales Willingness to pay Women |
title | Why do fans go to football games? A discrete choice analysis of ticket buyers' preferences |
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