- March 11, 2021
- Posted by: SportsV
- Categories: Home News, Industry News, News, Press Releases
Elevate Sports Ventures, a best-in-class sports and entertainment consulting agency, has acquired industry-leading ticket pricing, analytics and distribution consulting company, Dynamic Pricing Partners.
Dynamic Pricing Partners counts over 70 college and university athletic departments as clients, including more than 30 partners in Power-5 Conferences across the ACC, Big Ten, Big 12, Pac-12 and SEC; making it the largest secondary ticketing strategy company in the university space.
Dedicated to creating and delivering ticketing solutions for rights holders alongside primary and secondary ticketing platform partners, Dynamic Pricing Partners leverages its considerable expertise in data-driven ticketing strategy to develop revenue-driving solutions and value appreciation for clients.
With a client roster including teams, brands and venues from among the NFL, NBA, NHL, MLB, MLS, professional US and international football, international soccer, professional tennis, motorsports and horse racing, Division I athletics and more – Elevate will now add secondary market expertise to a host of dynamic client offerings, including ticket and premium hospitality sales and strategy, venue feasibility, construction and renovation, corporate partnership sales, consumer and fan analytics, and more.
Just the Ticket
Al Guido, Chairman and CEO of Elevate Sports Ventures, said:
During a significant time in the sports and live entertainment ecosystem, when rightsholders have the greatest need for data-driven pricing, distribution and technology solutions, our acquisition of Dynamic Pricing Partners expands Elevate Sports Venture’s current market and service offerings; providing a suite of differentiated solutions to existing and future clients.
Jonathan Marks, CEO and Founder of Dynamic Pricing Partners, said:
Dynamic Pricing Partners has always embraced our partnerships with the core mission of maximizing revenue and attendance; with an unwavering focus of consistently and proactively creating added value for our partners.
Acknowledging the significant impact the pandemic has had on our collective ticketing ecosystem, sports teams and organizations are more compelled than ever to make calculated, analytics-driven decisions on their pricing, inventory allocation, ticketing strategy and strategic partnerships to maximize revenue.
With additional support and intelligence from Elevate, Dynamic Pricing Partners is better positioned than ever to drive incremental revenue for our partners’ most important asset, their tickets. Moreover, the powerful combination of Elevate’s industry leading data-analytics unit, Elevate Insights, and Dynamic Pricing Partners provides an unparalleled platform to provide real-time data, analytics and recommendations for even the most sophisticated professional and college sports organizations; while proving new value and revenue streams for our current partners across their organizations.
Using trends from millions of ticketing and attendance data points and drawing upon its considerable experience and proven-pricing models, Dynamic Pricing Partners builds comprehensive pricing studies and strategic action plans for clients to maximise ticketing revenues for collegiate and professional sports teams, organisations and venues, in concert with client primary and secondary ticketing platforms and providers.
Source & imagery, courtesy: Elevate Sports Ventures