PRN: ScoreBig.com Announces First “Scoring Big in America” Report Highlighting Cities with the Best Entertainment Value

ScoreBig.com Announces First "Scoring Big in America" Report Highlighting Cities with the Best Entertainment Value

With the Secondary Market Marking Up Tickets by a Nationwide Average of 118 Percent, Los Angeles, Washington, DC and Others Offer Event-goers the Most for Their Entertainment Dollar

[23-May-2012]
LOS ANGELES, May 23, 2012 /PRNewswire/ — ScoreBig.com, a service that allows consumers to save between 10 to 60 percent off great tickets to their favorite pro and college sports, concerts, and theater events without any fees or shipping charges, today announced the results of its first “Scoring Big in America” Report. The report reviewed and measured the value, demand and variety of live events in different cities across the U.S. during April 2012, and named Los Angeles as the top city where you can get the most entertainment for your money. Just in time for Memorial Day weekend, the first “Scoring Big in America” Report showcases the top 10 cities where consumers are likely to find the biggest bang for their entertainment buck.

“Some of the cities found on our first “Scoring Big in America” Report may surprise a few people. You might think that big cities like New York, San Francisco, Chicago and Los Angles are pricey and rarely offer deals on top teams and performances, but you can get tickets for great seats to great events at very reasonable prices in all of these cities, whether you get them below retail price at ScoreBig.com, or some other ticket seller,” said Adam Kanner, ScoreBig.com CEO. “There’s no better time than Memorial Day weekend to enjoy a concert, game or theatrical performance.”

“Scoring Big in America” Report

To compile the report, ScoreBig.com looked at all major cities across the United States during April 2012 to determine which ones offered the greatest overall entertainment value for live events like sports, concerts and theatrical shows. Each city was reviewed and ranked for three main factors:

  • Value (40 percent of the ranking): Defined as the following: a) general retail price of tickets, compared to b) the mark-up on the secondary market (StubHub, TicketsNow etc.), and c) the amount that customers have saved, below retail price, when buying sports, concert or theater tickets on ScoreBig.com.
  • Demand (25 percent of the ranking): Defined as the following: a) overall volume of tickets available on the secondary market and b) the number of customers making ticket offers on ScoreBig.com.
  • Variety (35 percent of the ranking): Defined as the following: a) total number of events (e.g., nights of performances, number of games, etc.), b) total number of performers (e.g., specific play, team, band, and artist) and c) combinations of events and performers by sports, music and theater.

ScoreBig.com plans to continue to research and measure entertainment value across America and will issue the “Scoring Big in America” Report each quarter with the next one slated for September.

The “It” List for Entertainment Value

Los Angeles tops the first “Scoring Big in America” Report with the most ticket demand and one of the most diverse selections of live events in the country. In Los Angeles, there are more than double the number of tickets available on the secondary market than in other major US cities. Angelinos can catch American Idiot on May 30, Van Halen on June 9 or Angels versus the Dodgers on June 22. Following in Los Angeles’ footsteps is Washington, DC with solid rankings in value, demand and variety. While in DC, people can go see Drake on May 25, or go watch the Washington Nationals against the Atlanta Braves on June 2. New York rounds out the top three on the list with the most variety and one of the cities with the highest ticket demand. New Yorkers can get tickets to the Subway Series (Mets vs. Yankees) on June 24 or LMFAO party-rocking in concert on June 29.

Other cities offering great value, demand and variety include: San Francisco, Chicago, Atlanta, Boston, Denver, Dallas and Kansas City. While Kansas City may not seem like a likely candidate for great value, demand and variety, the “Paris of the Plains” offers a full range of sports, concert and theater events with ticket prices 30 percent lower than in other markets. On top of that, Kansas City tickets experience an 18 percent mark-up on the secondary market compared to an average mark up of 118 percent nationwide.

According to the ScoreBig.com “Scoring Big in America” Report, the top 10 U.S. places for value entertainment this quarter include:

Rank/City Overall Rating Highest Scoring Category
1. Los Angeles 923 Demand
2. Washington, DC 899 Variety
3. New York 898 Variety
4. San Francisco 808 Variety
5. Chicago 792 Demand
6. Atlanta 742 Variety
7. Boston 724 Variety
8. Denver 723 Demand
9. Dallas 666 Value
10. Kansas City 652 Value

ScoreBig.com has offered consumers immediate access to millions of tickets to sports, concert and theater events across the U.S. ScoreBig.com works directly with venues, teams and ticket providers nationwide to offer great seats ranging from the floor to the rafters, all below retail price and without any fees.

For more information about ScoreBig.com or the ScoreBig Daily app, visit www.ScoreBig.com.

About ScoreBig.com

ScoreBig.com enables consumers to get great tickets for live sports, concert and theater events – at guaranteed savings of 10 to 60 percent below retail price. ScoreBig.com members pick their own price on seats from the floor to the rafters, always pay less than retail price, and never pay any fees. For its partners, ScoreBig.com is an entirely new “value channel” that creates a safe environment to move unsold ticket inventory in a way that doesn’t negatively impact their brand or cannibalize full-price sales. ScoreBig.com was founded in 2009, was named one of “America’s Most Promising Companies” by Forbes Magazine, and is headquartered in Los Angeles, California.

Value Index Methodology

The Value Index is calculated using the data ScoreBig has compiled on millions of tickets for events across the US. We use a combination of our own purchase data and the trends we see on the overall secondary (resale) market to determine the values for each index component. We work to balance in our analysis the requirements of there being a wide selection (Variety) of events people want to see (Demand) at good prices (Value).

MEDIA CONTACTS:
Peter Sinclair, ScoreBig.com
press

Jonathan Dayka, Atomic PR
323-648-6201
jonathan

SOURCE ScoreBig.com

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