Why the Falcons Want to Keep a Lid on Concession Prices

Why the Falcons Want to Keep a Lid on Concession Prices

Assessment

Interactive Video

Business, Physical Ed

University

Hard

Created by

Quizizz Content

FREE Resource

The video discusses the financial and business strategies behind the construction of the Mercedes-Benz Stadium. Arthur Blank, the owner, is investing heavily in the stadium, aiming to offer low concession prices to enhance fan experience. The business model shifts from traditional concessionaire rights to a service provider model, allowing control over pricing. Despite the high costs and overruns due to innovative features, the financial model supports this approach, focusing on creating a vibrant fan experience rather than maximizing revenue.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What is Arthur Blank's commitment regarding the funding of the stadium and its overruns?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What challenges did the team face regarding cost overruns during the construction of the stadium?

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