SEATWAVE CEO OUTLINES ACTION PLAN TO PUT TICKETS IN THE HANDS OF FANS

21 April 2011, London: As the Olympic ballot deadline looms, Joe Cohen, the founder and CEO of Seatwave, is recommending a set of immediate actions for LOCOG to take to ensure London 2012 tickets are used by the fans that want them, following a new poll that suggests that fans have not been responding to the ballot.

 

The Seatwave poll has indicated a disappointing uptake of tickets, with 80% of those surveyed saying they had not yet registered. Cohen asserts that LOCOG's pre-order system has failed to shift large numbers of the 8.8 million tickets available for the London 2012 games and the deadline will leave organisers with a huge volume of tickets to sell.

 

Following this evidence, Joe Cohen, founder and CEO of Seatwave, has outlined his recommendations to the Olympic ticketing organisation which he says will avoid thousands of fans facing disappointment:

 

Run an open sale when the ballot system closes that allows fans an informed choice of available tickets to purchase

Allow people to pay with multiple forms of payment, including cash sales on the high street

Allow fans to re-sell tickets to friends, neighbours or relatives without having to use the so-called Locog ticket exchange service

 

Joe Cohen, said: "There is a growing risk that millions of Olympic fans will not get the chance to attend the games and events they want to. The current ballot system is confusing, unnecessarily burdensome and the restrictions on ticket resale will mean that thousands of tickets will go unused.  Let's not repeat the images of blocks of empty seats we saw in Beijing.

 

"Our recommendations would make the system more transparent and allow fans the freedom to access tickets they want for the events they want to attend. A floating-price ticket exchange system would mean that 100% of the tickets are sold to the people who will actually use them."

 

Seatwave is Europe's leading online fan-to-fan ticket exchange, providing fans with the opportunity to exchange tickets safely and securely.  It has called on LOCOG to introduce a floating price exchange for London 2012 tickets which would enable fans to exchange tickets with a clear view of pricing and availability.  This approach was employed at last year's Vancouver Winter Olympics to great success.

 

"If LOCOG acts now it can avoid a nightmare scenario of tens of thousands of empty seats and millions of fans watching the Olympic games on their televisions rather than being there live.  So many promises have been made about this being the 'peoples' games' but the early indications are an Olympic programme designed to benefit organisers and corporate sponsors," added Cohen.