Sports and concert event ticket pricing and visualization system

A method for changing ticket prices for seats that have not yet been sold to an event that is already on sale to improve ticket sales revenue from a first level to a second level for the event, the method comprising:

• aggregating a plurality of listings of tickets that are being re-sold in a secondary market for the same event from one or more databases, the one or more databases being the source of the plurality of listings of the tickets, each listing including a number of tickets available, a price information per ticket, and a location information of the seat or seats within the venue;
• filtering, under control by a processor, the plurality of listings to remove tickets with an anomalous listing price and outputting a plurality of remaining listings of tickets;
• grouping, under control by a processor, the plurality of remaining listings of tickets into one or more equivalent sections;
• forming a distribution of listing prices for the remaining listings of tickets for each one or more equivalent section grouping, the distribution of listing prices being a distribution of secondary market prices;
• identifying at least one ticket that has not been sold from the initial seller for the event, the one ticket being an unsold ticket, the unsold ticket having an initial price and the location of the seat or seats;
• and
• setting a revised price from the initial price for the unsold ticket by associating the location of the seat or seats to an equivalent section and determining the revised price based on the distribution of listing prices for the remaining listings of tickets in the associated equivalent section.

A method for changing ticket prices for seats that have not yet been sold to an event that is already on sale so as to maximize ticket sales revenue for the event, the method comprising:

• aggregating listings of tickets that are being re-sold for the same event from one or more databases wherein each listing includes a number of tickets available, a price per ticket, and a location of the seat or seats within the venue;
• filtering the plurality of listings to remove tickets with an anomalous listing price and outputting a plurality of first remaining listings of tickets;
• grouping the first remaining listings into equivalent sections;
• plotting the listing price versus row for all listings in one or more equivalent sections;
• fitting the listing price versus row to a first function;
• removing all listings for which the listing price is greater than that provided by the first function to provide a plurality of second remaining listings of tickets;
• refitting the second remaining listing to a second function;
• calculating a plurality of revised prices for each row based on the second function;
• and
• setting the revised prices for the previously unsold tickets based on the calculated price.