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GBP expecting 4million and getting 1.4ppv numbers a success?
ADP02's analogy:
Expecting 4 million but getting 1.4 million is a success?
Example: If GM car company was expecting (forecasting) sales of 4 million but they only sold 1.4 million cars their stocks would go down NOT up!
We all know they went all out in promotion costs. Evident with the Gladiator commercials bill boards and marketing hype. there was the superbowl promo.. man he was exposed to 100 million people at least and no doubt, besides that there's boxing journalist who find it newsworthy to print him. They really went all out in the marketing of the fight. Transaltion they spend so much and expected more from the fight that even if they don't reach 4million they where expecting at least way over the 1.5million mark.
Meaning anything less than 1.5mil will either be break even or a loss to there investment.
It's like this, If your projecting a sales of 4million car buys and you only sold 1.3 million cars, with the work force to maintain and a factory to run do you think the company would earn. His stocks will plunge if you know something about biz.
posted by Peyk Peyk:
The promoter’s expectations fell short from their projected profit. What they did was spend more than the required budget to promote the fight but their expectation came up at least 65% short.
If they know beforehand that the fight will flop (based on their expected revenue) then they won't spend that kind of money just to promote the fight. If I'm not mistaken the 24/7 HBO shows was amplified from 5 part series instead of the standard 4 series show. -------
Of course Mayweather and Mosely still got paid big, but I'm sure the promoters are getting the short end of the stick. For all the trouble and the huge cost of hyping this fight they fell really short of there presumed expectations.
4m is not really realistic, but I'm sure they where targeting 2million up, therefore it is a flop for the promoters who also want to earn for all the effort and cost promoting it. Knowing Floyd, GBP just got chump change for there effort in promoting this fight.
Another analogy:
If your a salesman normally your boss will give you a quota to deliver. It's like your boss is saying you haveto sell this much or I'm kicking you out.
It's like your boss is saying you have to sell 4million or else if you go lower than 1.5 million your under performing or losing profit for the company. And 1.4 million is way way of the mark compared to the projected 4million.
If it was in the office place the sales person would either be thrown out of work, demoted or will get a salary deduction for not achieving expectations. In other words the salesman was a big disappointment.
And plz don't say that boxing ain't a business coz boxing is all about money.
So in your opinion in terms of promoters making money, do you guys still think Floyd's fight with Mosely a success?
Expecting 4 million but getting 1.4 million is a success?
Example: If GM car company was expecting (forecasting) sales of 4 million but they only sold 1.4 million cars their stocks would go down NOT up!
We all know they went all out in promotion costs. Evident with the Gladiator commercials bill boards and marketing hype. there was the superbowl promo.. man he was exposed to 100 million people at least and no doubt, besides that there's boxing journalist who find it newsworthy to print him. They really went all out in the marketing of the fight. Transaltion they spend so much and expected more from the fight that even if they don't reach 4million they where expecting at least way over the 1.5million mark.
Meaning anything less than 1.5mil will either be break even or a loss to there investment.
It's like this, If your projecting a sales of 4million car buys and you only sold 1.3 million cars, with the work force to maintain and a factory to run do you think the company would earn. His stocks will plunge if you know something about biz.
posted by Peyk Peyk:
The promoter’s expectations fell short from their projected profit. What they did was spend more than the required budget to promote the fight but their expectation came up at least 65% short.
If they know beforehand that the fight will flop (based on their expected revenue) then they won't spend that kind of money just to promote the fight. If I'm not mistaken the 24/7 HBO shows was amplified from 5 part series instead of the standard 4 series show. -------
Of course Mayweather and Mosely still got paid big, but I'm sure the promoters are getting the short end of the stick. For all the trouble and the huge cost of hyping this fight they fell really short of there presumed expectations.
4m is not really realistic, but I'm sure they where targeting 2million up, therefore it is a flop for the promoters who also want to earn for all the effort and cost promoting it. Knowing Floyd, GBP just got chump change for there effort in promoting this fight.
Another analogy:
If your a salesman normally your boss will give you a quota to deliver. It's like your boss is saying you haveto sell this much or I'm kicking you out.
It's like your boss is saying you have to sell 4million or else if you go lower than 1.5 million your under performing or losing profit for the company. And 1.4 million is way way of the mark compared to the projected 4million.
If it was in the office place the sales person would either be thrown out of work, demoted or will get a salary deduction for not achieving expectations. In other words the salesman was a big disappointment.
And plz don't say that boxing ain't a business coz boxing is all about money.
So in your opinion in terms of promoters making money, do you guys still think Floyd's fight with Mosely a success?
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