« morningstarrating.gifAs analysts call Forest City Enterprises stock worthless, local elected officials get a vague update on Atlantic Yards | Main | It Came from the Blogosphere... »

December 23, 2008

Genius or desperation (or both)? Nets unload 100,000 tickets via Saveology.com

Atlantic Yards Report

If you can't actually sell your tickets, try giving them away to "people in-need."

Saveology.comâ„¢, a consumer comparison-shopping portal based in Fort Lauderdale, FL, has announced "it has purchased 100,000 Nets ticket vouchers that are being distributed to charities, hospitals, and people in-need in the New York metropolitan area, as well as to Saveology.com customers."

"During this sharp economic downturn we felt it was important to provide people with the opportunity to enjoy attending a Nets game on us," said Saveology.com CEO Benny Aboud in the press release. "This initiative also will enable our customers to attend Nets games and to receive future promotions, as well. We are thrilled with our partnership with the Nets as we continue our goal to help people."
(Emphasis added)

Besides helping people, Saveology.com is seeking customer leads: those "who sign up for tickets will have the chance to receive beneficial information on how to save on their essential services, which include home phone service, Internet, wireless phones, insurance, home security, moving services, and more."

Nets CEO Brett Yormark called it "a major investment by Saveology.com;" unmentioned in the press release was the discount the Nets offered. It's unlikely the team charged Saveology much to give away tickets to "people in need." For the Nets, the advantage comes in filling seats that otherwise seem empty, and with concession sales.

article

NoLandGrab: Are people really "in-need" of Nets' tickets?

Posted by eric at December 23, 2008 11:34 AM