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London Olympics: Maximize Revenue or Maximize Attendance
By: Lucas Silberman
Annemarie,
The 2012 London Olympics are at a critical point in its development to be the best
Olympics to date. Outlined below are the critical steps we must take to maximize our revenue,
while understanding it comes at a cost to our attendance:
Main Points:
 Take advantage of broadcast opportunities
 Take advantage of Olympics in “the largest city of a wealthy, sports-loving country”
mentality
 Increase home country ticket allocation
 World’s collective knowledge understanding of “Everybody’s Games
Breakdown:
1. Broadcast opportunities:
Our opportunities to reach our expected 5 billion people viewership could be enhanced by
focusing on the following:
 Access to different arenas – create an interactive 2012 London Olympics website that
switches through various events and stadiums
 Social Media – utilizing the exposure of Facebook, Instagram, and Twitter to
continuously keep fans in the loop.
 Interactivity – our viewers will have the opportunity to win London Olympics gear by
following various steps explained on television, online, and social media.
2. London’s Impact:
Olympics Games Number of
Medals Won
from Previous
Olympics
Ticket Revenue
in Millions (With
% of Total
Tickets Sold)
Broadcast
Revenue
(millions)
1984 Los
Angeles
188 $156 (82.6%) $287
1988 Seoul 7 $36 (75%) $403
1992 Barcelona 75 $79 (76.9%) $636
1996 Atlanta 376 $425 (75.5%) $893
2000 Sydney 81 $551 (88.2%) $1,332
2004 Athens 23 $228 (71.7%) $1,494
2008 Beijing 172 $200 (100%) $1, 737
2012 London 104, but
unknown during
the time
Goal: $650 Projected: 2,357
Important Notes:
 The projection on broadcast revenue is based off the average increase rate from the
previous Olympics, which was an average of 35%.
 The three highest medal counts based on previous Olympics are three developed cities
(Beijing, Atlanta, and Sydney). Our opportunity, as the largest population, would be to
promote our amazing athletes domestically.
 In addition, Beijing and Sydney have the highest percentage of tickets sold based on the
seat availability.
 The countries with the highest ticket revenues have been within the last four Olympics,
so our goal is to not only continue this trend but exceed it.
3. Ticket Revenue Accountability:
Location Current Projection of Ticket
Revenue (%)
Total Population in 2012
(Millions)
London 30 8.674
Non-Londoners, from
England
25 53.5
Europe 20 743.1
World 25 7,080,072,417
While our global population clearly outreaches London and England’s population, we have a
unique opportunity to increase London’s unity for its host city.
 Local Banners and Ads – putting London’s most famous athletes around train stations,
buses, and popular local destinations represents aspiration for London to be successful.
 Special promotions – If we promote other sports not within the “Big 4,” we can give
incentives on ticket discounts on all events.
 StubHub and TicketMaster – Other ticket distribution websites will successfully allow
access for everyone around the world to the London Olympics.
The Olympics need to be widely considered as “Everybody’s Games.” If we promote people to
support the Olympics from a nationalistic standpoint, tickets will take care of themselves
because of the power of the market. The broadcast viewership will outgain the benefits of what
ticket revenue would bring. The London Olympics is it a great stance because we have
technological innovation sweeping the world, and our city is developed in a way to be
successful based on other hosts like Sydney, Beijing, and Atlanta. We understand to
opportunity at hand, now let’s go get it!

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Maximize Revenue or Attendance: Strategies for the 2012 London Olympics

  • 1. London Olympics: Maximize Revenue or Maximize Attendance By: Lucas Silberman Annemarie, The 2012 London Olympics are at a critical point in its development to be the best Olympics to date. Outlined below are the critical steps we must take to maximize our revenue, while understanding it comes at a cost to our attendance: Main Points:  Take advantage of broadcast opportunities  Take advantage of Olympics in “the largest city of a wealthy, sports-loving country” mentality  Increase home country ticket allocation  World’s collective knowledge understanding of “Everybody’s Games Breakdown: 1. Broadcast opportunities: Our opportunities to reach our expected 5 billion people viewership could be enhanced by focusing on the following:  Access to different arenas – create an interactive 2012 London Olympics website that switches through various events and stadiums  Social Media – utilizing the exposure of Facebook, Instagram, and Twitter to continuously keep fans in the loop.  Interactivity – our viewers will have the opportunity to win London Olympics gear by following various steps explained on television, online, and social media. 2. London’s Impact: Olympics Games Number of Medals Won from Previous Olympics Ticket Revenue in Millions (With % of Total Tickets Sold) Broadcast Revenue (millions) 1984 Los Angeles 188 $156 (82.6%) $287 1988 Seoul 7 $36 (75%) $403 1992 Barcelona 75 $79 (76.9%) $636 1996 Atlanta 376 $425 (75.5%) $893 2000 Sydney 81 $551 (88.2%) $1,332 2004 Athens 23 $228 (71.7%) $1,494 2008 Beijing 172 $200 (100%) $1, 737 2012 London 104, but unknown during the time Goal: $650 Projected: 2,357
  • 2. Important Notes:  The projection on broadcast revenue is based off the average increase rate from the previous Olympics, which was an average of 35%.  The three highest medal counts based on previous Olympics are three developed cities (Beijing, Atlanta, and Sydney). Our opportunity, as the largest population, would be to promote our amazing athletes domestically.  In addition, Beijing and Sydney have the highest percentage of tickets sold based on the seat availability.  The countries with the highest ticket revenues have been within the last four Olympics, so our goal is to not only continue this trend but exceed it. 3. Ticket Revenue Accountability: Location Current Projection of Ticket Revenue (%) Total Population in 2012 (Millions) London 30 8.674 Non-Londoners, from England 25 53.5 Europe 20 743.1 World 25 7,080,072,417 While our global population clearly outreaches London and England’s population, we have a unique opportunity to increase London’s unity for its host city.  Local Banners and Ads – putting London’s most famous athletes around train stations, buses, and popular local destinations represents aspiration for London to be successful.  Special promotions – If we promote other sports not within the “Big 4,” we can give incentives on ticket discounts on all events.  StubHub and TicketMaster – Other ticket distribution websites will successfully allow access for everyone around the world to the London Olympics. The Olympics need to be widely considered as “Everybody’s Games.” If we promote people to support the Olympics from a nationalistic standpoint, tickets will take care of themselves because of the power of the market. The broadcast viewership will outgain the benefits of what ticket revenue would bring. The London Olympics is it a great stance because we have technological innovation sweeping the world, and our city is developed in a way to be successful based on other hosts like Sydney, Beijing, and Atlanta. We understand to opportunity at hand, now let’s go get it!