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whats the ticket price going to be ?


Crazyfool01

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3 minutes ago, Crazyfool01 said:

you are basing this on 2.4 million registrations ? I mean that isn't anywhere near individual registrations that's what the farm say to inflate demand ... they've actually done an interesting bit of work asking people to confirm their registrations which will be more accurate ... however this will still mean some have 2 

I based it on the assumption that not all 2.4m will go for tickets. I said maybe 800k which is not based on anything. Cant actually find figures of number of registrations trying. But if it was 800k at £2 you would make 1.6m 

 

 

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If it hits £400 that will be because of prices going up inline with inflation. Costs for stalls will go up the same amount, as will the cost of the food from those stalls and everything else.

And none of that will be a problem as long as your wages go up with inflation too. This is where it gets problematic, but yeah just putting a "if it goes over £400 something must be done" out there doesn't make sense. If your wages don't increase with inflation, your employer is essentially giving you a pay cut, and that's why you can't afford Glastonbury anymore. Not because Glastonbury got unreasonably expensive.

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Glastonbury inflation will be different to yours or mine inflation. 
 

I think it will be £365 plus fee. We’re really lucky that the fees are only around a fiver as most places are charging between 10% and 15% now. That would make it very expensive, which it’s another reason why they don’t do payment plans. 

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7 minutes ago, DeanoL said:

If it hits £400 that will be because of prices going up inline with inflation. Costs for stalls will go up the same amount, as will the cost of the food from those stalls and everything else.

And none of that will be a problem as long as your wages go up with inflation too. This is where it gets problematic, but yeah just putting a "if it goes over £400 something must be done" out there doesn't make sense. If your wages don't increase with inflation, your employer is essentially giving you a pay cut, and that's why you can't afford Glastonbury anymore. Not because Glastonbury got unreasonably expensive.

In 4 years, tickets have increased by 37%. Peoples wages haven't increased by 37%. I dont really get your argument here? 

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That inflation since the last ticket day sale is 8-10%, so if the price from the last ticket sale goes up by 10%, it's not an increase in real terms.

Now as for what happened between the 2019 and 2022 festivals that caused such a large increase in price, when there wasn't massive inflation, I leave as an exercise to the reader.

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Just now, DeanoL said:

That inflation since the last ticket day sale is 8-10%, so if the price from the last ticket sale goes up by 10%, it's not an increase in real terms.

Now as for what happened between the 2019 and 2022 festivals that caused such a large increase in price, when there wasn't massive inflation, I leave as an exercise to the reader.

This is under the assumption that people are getting inflationary matching pay increases

I still dont get what argument you're trying to make?

 

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3 minutes ago, gooner1990 said:

I got a pay increase but it wasn't inline with inflation!

No one has had 37% pay increase in 4 years so his argument isn't valid. 

We're all getting less bang for our bucks these days.

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5 minutes ago, aj6658 said:

This is under the assumption that people are getting inflationary matching pay increases

I still dont get what argument you're trying to make?

 

That if the festival increases the ticket price by 10% this year, and you can't afford it, you need to be complaining at your employer, not the festival. Because the festival price has stayed the same while your wages have fallen.

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1 minute ago, stuie said:

No one has had 37% pay increase in 4 years so his argument isn't valid. 

We're all getting less bang for our bucks these days.

I'm only talking about 2023 to 2024 prices. Like you I can't figure out why the prices went up so much between 2019 and 2022. Totally unexplainable and random.

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4 minutes ago, stuie said:

No one has had 37% pay increase in 4 years so his argument isn't valid. 

We're all getting less bang for our bucks these days.

I've not had any pay rise at all in the last 4 years. My company is an exception in that most companies haven't been as awful as mine but yep even so very few companies have kept pace with inflation.

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1 minute ago, DeanoL said:

I'm only talking about 2023 to 2024 prices. Like you I can't figure out why the prices went up so much between 2019 and 2022. Totally unexplainable and random.

Supply and demand, all the business that went bust during covid lead to a lack of supply in the market, and once the demand returned that pushed up the prices. Remember there was issues getting stuff to the supermarket never mind to a field in Pilton. 

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2 minutes ago, gigpusher said:

I've not had any pay rise at all in the last 4 years. My company is an exception in that most companies haven't been as awful as mine but yep even so very few companies have kept pace with inflation.

I've had very little too. I'm just sick of everyone looking at prices going up and saying "they're all getting greedy now" instead of looking at their employers and going "your lack of any pay rise is in fact a significant pay cut in real terms".

It'll happen in a few weeks when the Glastonbury price is announced at £375. It'll happen again the following year when it's £405. And the Eavis' will be blamed, even though increasing the price 10% will do nothing more than cover the increased costs they'll face as those will all have gone up with inflation as well. 

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2 minutes ago, DeanoL said:

I've had very little too. I'm just sick of everyone looking at prices going up and saying "they're all getting greedy now" instead of looking at their employers and going "your lack of any pay rise is in fact a significant pay cut in real terms".

It'll happen in a few weeks when the Glastonbury price is announced at £375. It'll happen again the following year when it's £405. And the Eavis' will be blamed, even though increasing the price 10% will do nothing more than cover the increased costs they'll face as those will all have gone up with inflation as well. 

From a company perspective, it's actually impossible to give everyone 10% - cost of utilities and materials has risen dramatically and competition is getting more desperate and going in with lower prices.  

I think it's unrealistic to expect the private sector to be able to keep up with rampant inflation. 

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1 minute ago, stuie said:

From a company perspective, it's actually impossible to give everyone 10% - cost of utilities and materials has risen dramatically and competition is getting more desperate and going in with lower prices.  

I think it's unrealistic to expect the private sector to be able to keep up with rampant inflation. 

Yup. So they give the staff a pay cut to be able to keep going. 

Not having pay increases in line with inflation is the exact same thing as having actual pay cuts when there's low to zero inflation (except without the possible tax benefit for the employee). 

It just doesn't feel as bad as "number don't go down". 

It's likely just as impossible for Glastonbury to not put ticket prices up 10% this year for the same reasons. But you can bet people will moan far more about that than they will about not having had a decent pay rise.

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16 minutes ago, DeanoL said:

Yup. So they give the staff a pay cut to be able to keep going. 

Not having pay increases in line with inflation is the exact same thing as having actual pay cuts when there's low to zero inflation (except without the possible tax benefit for the employee). 

It just doesn't feel as bad as "number don't go down". 

It's likely just as impossible for Glastonbury to not put ticket prices up 10% this year for the same reasons. But you can bet people will moan far more about that than they will about not having had a decent pay rise.

Which is why we need an effective government and monetary policy to keep the economy stable.  

It's all very easy to expect wage increases but it's not realistic if the company doesn't have the cash to give them.  However, the reality is, if the employee thinks they could earn 10% more elsewhere, they would be off. 

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1 hour ago, stuie said:

 

One thing you don't mention is the possibility to increase advertising, sponsorships and partnerships to create revenue streams.  It's not previously been how Glasto operate but it's the one obvious thing that could be done.  I'm not very keen on the idea but I'd rather have a sponsor on a stage name than lose the stage entirely, like we saw last year. 

It previously has been how the festival operates (albeit not to the extent of some other festivals). They reduced it in the early 00s and pulled back from it almost entirely (bar certain key partners) after the mid/late 00s. Because it made the festival worse.

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4 minutes ago, stuie said:

Which is why we need an effective government and monetary policy to keep the economy stable.  

It's all very easy to expect wage increases but it's not realistic if the company doesn't have the cash to give them.  However, the reality is, if the employee thinks they could earn 10% more elsewhere, they would be off. 

A large part of the problem here is the constant perceived need for growth. It's a lie we've been sold in order to keep allow the few to keep getting richer.

It's also why we're in such a state re climate change and environmental degradation.

Constant growth is not sustainable.

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1 hour ago, aj6658 said:

I think when we're breaching £400 for a ticket I think people would be absolutely fine paying £1 to register if it helped slow the ticket price rise. Easily make 800k-1.6m a year to fund future investment.

I think once you start making Glastonbury corporate it opens a door which I rather no open. When I went to Bestival, I felt like it was so corporate and I hated it 

At absolute best - it'd be a case of paying that £1 and the ticket price reduces by ~£4. Probably less. The maths don't stack up.

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Most outlets will try not to take card payments of less than £5 as the fees on them are set high and so reduces the actual amount by a bigger percentage than higher sums.
If they did a £1 charge then there would be flat fees from card companies on that rather than a percentage and they could be as much as 40p based on quotes I have seen for similar.

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10 minutes ago, Nobody Interesting said:

Most outlets will try not to take card payments of less than £5 as the fees on them are set high and so reduces the actual amount by a bigger percentage than higher sums.
If they did a £1 charge then there would be flat fees from card companies on that rather than a percentage and they could be as much as 40p based on quotes I have seen for similar.

They need to change PSP. 

Even SumUp now only charges a flat rate of 1.49% with no monthly or transaction fees. 

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31 minutes ago, stuie said:

Which is why we need an effective government and monetary policy to keep the economy stable.  

It's all very easy to expect wage increases but it's not realistic if the company doesn't have the cash to give them.  However, the reality is, if the employee thinks they could earn 10% more elsewhere, they would be off. 

What I'm getting at is, I don't have any issue with people like you who accept the situation we are in. That understand that no, many companies can't afford to give you a pay increase in line with inflation, and no Glastonbury can't afford to not increase ticket prices in line with inflation, not if you want the same festival. That's pretty much where I am.

What does my head in is people who don't question the first, but think the second is unreasonable, and place all the weight of them not being able to afford things on "greedy companies" that they're buying things from.

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3 hours ago, danmarks said:

Would it not be seen as a form of gambling? Paying a price for a chance of being able to purchase? Hence why its still free in uk to register with presales by following a link not having to buy a cd/vinyl etc?

Surely it's no different to paying to be a member of a football club or something - gives you the opportunity to buy tickets, but doesn't guarantee it.

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