In a February 18, 2020, letter to New Jersey United States House Representatives Bill Pascrell and Frank Pallone, Jr., Pearl Jam critiqued aspects of a proposed law that would impact the ticket sales market.

WE KNOW HOW TO SERVICE TICKETS TO OUR FANS. Only a few artists in our profession have worked to provide tickets directly to fans. We developed a system for our fan club outside of public sales. (emphasis Pearl Jam's).

Part 1 : Members of Pearl Jam's fan club purchase an annual subscription for $30. Members OF the fan club get access to to Pearl Jam tickets before the general public. What kind of pricing strategy does Pearl Jam use for members of its fans club to purchase tickets? In your answer, use the specific term that describes the strategy.

Part 2 : Assume that the price of a Pearl Jam ticket through Ticketmaster is $100 and the price of a ticket through the fan club is $80. Further assume that members of the fan club can buy up to 2 tickets for each concert date. Is it worthwhile to join the fan club if you buy one ticket to go see a show? What if you buy two tickets for one show? Explain your reasoning and be sure to consider the fan club annual subscription fee.