Sports and concert event ticket pricing and visualization system
US10963818B2 · kind B2 · utility
Assignee
Inventors
Key dates
| Filing date | Nov 25, 2016 |
| Grant date | Mar 30, 2021 |
| Priority date | — |
| Expiry date | Nov 6, 2037 |
Classification
- Technology area (CPC G)Physics
- CPC primaryG06Q50/01
- WIPO fieldIT methods for management
- WIPO sectorElectrical engineering
Abstract
A system and method for displaying seat inventory at a venue and facilitating planning of ticket prices for events at the venue is presented. Methods to predict total revenue for an event are described. Also presented are systems and methods for determining at what price and when to release so-called ‘flex’ price tickets during an on-sale using the sales velocity and sales/inquiry ratios. Determining demand of seats from secondary markets is also described with methods to use the demand for either re-pricing the seats in the primary market or presenting ‘best value’ seats to a prospective purchaser. Outputted tickets can be used to initiate entry processes to a gate structure of a venue by unlocking the gate structure or denying access through the gate structure of an invalid outputted ticket.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.