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Pricing practices of football and basketball clubs in Italy

Revenue management is widely adopted across industries—except in the sports industry. In the context of the present study, we contact every single football and soccer club belonging to the top league in Italy—one of the world’s most successful football nations—and obtain responses from close to half...

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Autores principales: Hinterhuber, Andreas, Viberti, Sara
Formato: Online Artículo Texto
Lenguaje:English
Publicado: Palgrave Macmillan UK 2021
Materias:
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC8218566/
http://dx.doi.org/10.1057/s41272-021-00330-1
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author Hinterhuber, Andreas
Viberti, Sara
author_facet Hinterhuber, Andreas
Viberti, Sara
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collection PubMed
description Revenue management is widely adopted across industries—except in the sports industry. In the context of the present study, we contact every single football and soccer club belonging to the top league in Italy—one of the world’s most successful football nations—and obtain responses from close to half of all clubs. We find that one-third of all football clubs apply revenue management, far more than basketball clubs. Basketball clubs rely heavily on fixed pricing, whereas soccer clubs use variable pricing or revenue management. Study data also suggest that perceived barriers to revenue management include a fear of alienating customers or perceived high implementation costs; since experiences of revenue management implementation are overwhelmingly positive, this study suggests that the fears of revenue management implementation are overblown. This study advances research on the practical implementation of revenue management in non-traditional industries and provides an encouragement for executives working in other industries to implement revenue management.
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spelling pubmed-82185662021-06-23 Pricing practices of football and basketball clubs in Italy Hinterhuber, Andreas Viberti, Sara J Revenue Pricing Manag Practice Article Revenue management is widely adopted across industries—except in the sports industry. In the context of the present study, we contact every single football and soccer club belonging to the top league in Italy—one of the world’s most successful football nations—and obtain responses from close to half of all clubs. We find that one-third of all football clubs apply revenue management, far more than basketball clubs. Basketball clubs rely heavily on fixed pricing, whereas soccer clubs use variable pricing or revenue management. Study data also suggest that perceived barriers to revenue management include a fear of alienating customers or perceived high implementation costs; since experiences of revenue management implementation are overwhelmingly positive, this study suggests that the fears of revenue management implementation are overblown. This study advances research on the practical implementation of revenue management in non-traditional industries and provides an encouragement for executives working in other industries to implement revenue management. Palgrave Macmillan UK 2021-06-22 2023 /pmc/articles/PMC8218566/ http://dx.doi.org/10.1057/s41272-021-00330-1 Text en © The Author(s) 2021 https://creativecommons.org/licenses/by/4.0/Open AccessThis article is licensed under a Creative Commons Attribution 4.0 International License, which permits use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons licence, and indicate if changes were made. The images or other third party material in this article are included in the article's Creative Commons licence, unless indicated otherwise in a credit line to the material. If material is not included in the article's Creative Commons licence and your intended use is not permitted by statutory regulation or exceeds the permitted use, you will need to obtain permission directly from the copyright holder. To view a copy of this licence, visit http://creativecommons.org/licenses/by/4.0/ (https://creativecommons.org/licenses/by/4.0/) .
spellingShingle Practice Article
Hinterhuber, Andreas
Viberti, Sara
Pricing practices of football and basketball clubs in Italy
title Pricing practices of football and basketball clubs in Italy
title_full Pricing practices of football and basketball clubs in Italy
title_fullStr Pricing practices of football and basketball clubs in Italy
title_full_unstemmed Pricing practices of football and basketball clubs in Italy
title_short Pricing practices of football and basketball clubs in Italy
title_sort pricing practices of football and basketball clubs in italy
topic Practice Article
url https://www.ncbi.nlm.nih.gov/pmc/articles/PMC8218566/
http://dx.doi.org/10.1057/s41272-021-00330-1
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