Falcons (and Mercedes stadium events) cut food prices again

[jesmu84]

http://www.espn.com/nfl/story/_/id/26133607/cheaper-eats-falcons-home-again-cut-prices

This is crazy. Why can't this be done more places?

[GooooMarquette]

http://www.espn.com/nfl/story/_/id/26133607/cheaper-eats-falcons-home-again-cut-prices

This is crazy. Why can't this be done more places?

Seems like an easy win. You make up for margin with volume, goodwill and sales of other items (souvenirs, programs).

[The Sultan]

http://www.espn.com/nfl/story/_/id/26133607/cheaper-eats-falcons-home-again-cut-prices

This is crazy. Why can't this be done more places?

Because you have to hire more staff to cover the demand.  Not to mention you need more space to store and cook the product.  More machines, etc.

Stadiums don't want volume.  They want high margins.

[Chili]

Because you have to hire more staff to cover the demand.  Not to mention you need more space to store and cook the product.  More machines, etc.

Stadiums don't want volume.  They want high margins.

Aren't most vendors volunteer - so tax write off. And the ones walking the stands I believe are all considered contractors who buy their wears (ie beer, soda, cotton candy) and just keep whatever profits / tips they make. People overhead would be minimal here as you're not having to pay benefits.

[The Sultan]

No most are not volunteer. 

This is a complete PR move for the Falcons.  This isn't how you maximize profit.

[ZiggysFryBoy]

Atlanta United regularly draws 70k for soccer. They average 53000.  Concession prices is a bigfactor.   You can take your kids to multiple games without breaking the bank.

FWIW,  Seattle is the 2nd largest average attendance at 40k.  The league average is 21873.

And this is in atlanta, where Braves fans dont even show up for playoff games.

[Chili]

Atlanta United regularly draws 70k for soccer. They average 53000.  Concession prices is a bigfactor.   You can take your kids to multiple games without breaking the bank.

FWIW,  Seattle is the 2nd largest average attendance at 40k.  The league average is 21873.

And this is in atlanta, where Braves fans dont even show up for playoff games.

Blank is building a lasting a brand and is getting a new generation of fans hooked on his product. That type of loyalty will be way more dividends than a $5 hot dog will today. Consumer experience often leads to larger returns than just trying to maximize your profits. Just look at Heinz Kraft for a company where maximizing profits drove great brands right into the ground.

[Cheeks]

Blank is building a lasting a brand and is getting a new generation of fans hooked on his product. That type of loyalty will be way more dividends than a $5 hot dog will today. Consumer experience often leads to larger returns than just trying to maximize your profits. Just look at Heinz Kraft for a company where maximizing profits drove great brands right into the ground.

Maybe....soccer team has two very good years, including a title.  The first team that Atlanta calls their own from scratch.  Falcons are, but this is SEC country for football first. 

I will say at the Super Bowl I was amazed at the food prices and how cheap they were.  Will be interesting to see in down times (meaning the teams aren't very good and the newness of the building wears off), will they keep it like this? 

[warriorchick]

Aren't most vendors volunteer - so tax write off. And the ones walking the stands I believe are all considered contractors who buy their wears (ie beer, soda, cotton candy) and just keep whatever profits / tips they make. People overhead would be minimal here as you're not having to pay benefits.

This is one of the most misused and misunderstood terms in the English language.

For a business, any allowable expense is a tax write-off.  Decide to pay all your popcorn vendors $75/hour?  Tax write-off.  Rip out the grass after every football game and put in brand new turf?  Tax write-off.

So exactly how is having volunteers (i.e., paying people nothing)  a tax writeoff?  Sure, the volunteers get to keep part of the proceeds for their charitable organization, but it's no different  than paying workers from a tax standpoint.

[Bocephys]

This is one of the most misused and misunderstood terms in the English language.

For a business, any allowable expense is a tax write-off.  Decide to pay all your popcorn vendors $75/hour?  Tax write-off.  Rip out the grass after every football game and put in brand new turf?  Tax write-off.

So exactly how is having volunteers (i.e., paying people nothing)  a tax writeoff?  Sure, the volunteers get to keep part of the proceeds for their charitable organization, but it's no different  than paying workers from a tax standpoint.

They know how it works, and they're the ones writing it off!

[GooooMarquette]

This is one of the most misused and misunderstood terms in the English language.

For a business, any allowable expense is a tax write-off.  Decide to pay all your popcorn vendors $75/hour?  Tax write-off.  Rip out the grass after every football game and put in brand new turf?  Tax write-off.

So exactly how is having volunteers (i.e., paying people nothing)  a tax writeoff?  Sure, the volunteers get to keep part of the proceeds for their charitable organization, but it's no different  than paying workers from a tax standpoint.

Yep - the concept of tax write-offs is about as misunderstood around here as the requirements of HIPAA.

I love the people who say that MU or Wojo can't comment on players' injuries "because of HIPAA." As a health law attorney with 25+ years' experience, I know they are wrong...but the myth persists.

The good thing is that those misunderstandings help keep people like you and me employed.

[WarriorDad]

Falcons ticket prices are above the league average.  Read last night Packers are raising their ticket prices for this season.  Chargers are the highest priced ticket in the NFL?  Never would have guessed.

https://www.statista.com/statistics/193595/average-ticket-price-in-the-nfl-by-team/

[Benny B]

Yep - the concept of tax write-offs is about as misunderstood around here as the requirements of HIPAA.

I love the people who say that MU or Wojo can't comment on players' injuries "because of HIPAA." As a health law attorney with 25+ years' experience, I know they are wrong...but the myth persists.

The good thing is that those misunderstandings help keep people like you and me employed.

I love the HIPAA excuse... it's multi-purpose, and people are dumb enough that I can use it anywhere.  It's also fun to through in a "Hippo" when talking about HIPAA just to keep people on their toes.

"Sorry, I can't allow the fire inspector into the building tomorrow... several doctors are going to be conducting a meeting, and well, you know, HIPAA violations and such." [Hangs up and places call to contractor to come change out the lights in the EXIT signs.]