(04 Nov 2014, 7:21 pm)Dan wrote [ -> ]I don't think the original questions have ever really been answered and this thread has more so been a thread where we have all discussed single/return fares deemed to be expensive or anomalies in pricing structures. There have - to my memory - been a couple of 'positive' posts regarding fares, suggesting that something has been really good value for money, but these have been few and far between.
As an A-Level Business Studies student, I have been taught that 'value' depends on the person and their financial circumstances. If I did not possess discount cards to entitle me to cheaper travel on buses, as a student who is not earning an income, I would find adult fares very expensive indeed. However, I'd guess that most members of this forum are actually employed, and that they would deem adult fares better value for money than me, in a lot of cases.
I think that the bus operators in our region all set high prices for their single fares and it has been suggested in the past that this is linked to the reimbursement for Concessionary Travel passes. I would also suggest that single tickets are very irregularly purchased though - not because they're expensive, but because most people who go somewhere tend to return at some point that day. As I said above, 'value' will depend on the person, so it would be difficult to suggest one way or another whether return tickets are value for money, but it's been discussed in the past that day tickets which offer travel between the same destinations aren't a lot more expensive than return tickets. I personally think that Go North East's day and weekly saver tickets - especially Route Savers - are great value for money. Competition doesn't always influence these prices as some routes have (or had - some now do) competition at all yet there are still great deals to be had. A recent example I can think of is the "919 WeeklySaver" (the new GNE service which operates between South Shields, Jarrow and Cobalt Business Park): this was priced at roughly £4 more than the cost of using the Tyne Tunnel tolls alone, before even considering fuel costs.
I think travelling on buses hits the unemployed the hardest - though I seem to recall a fairly recent government scheme being in place to assist those on Job Seekers' Allowance to be entitled to cheaper bus fares providing they're going to/from the Job Centre or to/from an interview? I think I first saw details about it on a Stagecoach bus, so not sure whether it was a universal thing or not, or even if it's still around...
I bring in a salary - a reasonable one.
Some members of the forum will earn more - others less.
Despite that, I do not think the majority of fares are value for money.
Due to the nature of my travel arrangements/work, I purchase single tickets. Although these sales may be in the minority - there will be a significant number sold per day and in my opinion, they are not value for money.
If I am heading to the station for a spell working elsewhere or even for leisure purposes, buying an expensive single ticket is my only option. We have already discussed the £4.00 fare from Houghton to Durham and the (now) £3.20 fare between Houghton and Chester. I need to get to Houghton first and incur any costs there! Ditto when coming home.
£8.00 plus to sit on a return journey, sometimes just 24hours apart isn't value for money.
If I am heading for a night out, the only option available is a single fare.
However, a Day Rover (or Explorer) offers excellent flexibility and value for money if travelling for the day. A return ticket isn't an option for a number of trips, due to the reduction of direct services and subsequent introduction of the hub and spoke model favoured by operators.
The Network One Anytime ticket, offers the same flexibility as a Day Rover (more than a 2/3 zone GNE ticket) when using public transport in T&W for the week.
It has already been pointed out, that paying for petrol and parking can be cheaper than using the bus.
That alone, would indicate the fares are not value for money - irrespective of income.
Touching on the theory you have been introduced to as part of your A-Levels.
Have you been told about how marketeers and organisations pursue marketing strategies, that create a higher perceived value?
An added element of luxury is added to a product - which can be a justifiable reason for said organisation to increase the price.
Those added elements of luxury, could be - I dunno, like high backed seats, air con, plug sockets and wifi.
When a customer finds out that the said organisation is actually cutting back on outlay and overheads are reducing (see QCS thread), then it can often lead to resentment, frustration or anger.
After all, why should the customer pay ever increasing prices (for a luxury product or not), when the costs in producing the service is reduced and margins tightened?
It has already been pointed out a number of times, that the prices customers are being asked to pay - are above inflation rises.
Aureolin has pointed out, that in real terms, salaries are dropping.
So according to theory you are being taught, less people will be viewing the fares offered, as value for money fares.
Just to put your position now into context with the one I was in at your age.
The Child Benefit my parents received for me, essentially covered the cost of my three zone (old zonal structure) Teen Network Travel Ticket.
That enabled me to get to work (part time) and get through my A-Levels.
Fast forward a few years, and in theory, the Child Benefit which is allocated to you - could cover the cost of your bus fares.
In real-terms, those fares haven't really increased.
Adults have been unfortunate enough to see massive increases.
(04 Nov 2014, 7:55 pm)aureolin wrote [ -> ]See, I think GNE's weekly/monthly tickets are better structured than other operators, but I think all operators have increased too far too fast.
You're right about value Dan, but when fares are rising almost double inflation, the average cost of a weekly shop is rising, fuel bills rising, the value soon becomes lost, as the said person's financial status changes. The only thing that is going down, in real terms, is take home pay. If we look at the Measuring Worth website, between 2003-2013, for example. RPI has increased over the period by 37.94%, and real wages have dropped 3.21%. That's a huge gap, and unless something gives, we're going to have a huge problem on our hands.
Unfortunately Government policy has gone from supporting people back to work, to persecuting people until they're forced to work for no pay. In Tyne and Wear, you could previously get a Network TravelTicket if in receipt of JSA. A lifeline to job seekers you'd argue.
Agree totally.
Sound like a broken record, but when a concious decision is made to reduce overheads, outlay etc by CEO's and the board of directors...
When investors are told margins will be increasing - yet fares continue to rise...
When those fare increases mean sharing a taxi is a viable option...
When those fare increases are coupled with the axing of direct services and you need to change buses just to get to the bank or hospital...