How to make money selling concert tickets online

Knowing this, you already have a pretty good idea of how to find events that can be resold for a profit. So, buy several tickets, hold them for a while and then sell them at a higher price when the event date draws near. What was the overall vibe of the event? Some Point of sale systems you can use include Skybox. Niche Business Ideas.

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Ticket reselling has always gotten a bad rap. When people think of someone reselling concert tickets, they think of sleazy, borderline-con-artist scalpers. Reselling concert tickets can be done in a way that really does help people. One of the most powerful decisions you can make for your business is to find a mentor. Mentors can cut your learning time by huge margins, can save you from expensive mistakes, and can help you learn the ropes before having to commit. This post is a great starter guide.

Here is a simple breakdown of how it works:

For that matter, the practice is even illegal in some states, mostly because of crowd control. But, the internet comes with all kinds of opportunities and one of them is the ability to make money selling tickets online. This technique takes away a lot of the stigma involved with ticket selling and makes the whole process entirely legitimate and legal. There are multiple different sites out there that specifically broker in tickets. These sites serve as a way to match buyers and sellers, for pretty much any ticket you can imagine.

I’d love to learn about…

Ticket reselling has always gotten a bad rap. When people think of someone reselling concert tickets, they think of sleazy, borderline-con-artist scalpers. Reselling concert tickets can be done in a way that really does help people. One of the most powerful decisions you can make for your business is to find a mentor. Mentors can cut your learning time by huge margins, can save you from expensive mistakes, and can help you learn the ropes before having to commit.

This post is a great starter guide. However, if you want access to a mentor, you can look into the Ticket Flipping Training and Community right. This course can serve as your mentor to prevent you from wasting time and money. Become a Ticket Flipper Here. This course will teach you to:. But how can reselling concert tickets online be any better than selling tickets on a street corner?

Plus, ticket buyers are more likely to trust an established third-party company than some random guy on the street. The most well-known ticket broker is StubHub, but you can also go through places like Eventbrite or Shopify. Literally anyone can become a successful ticket reseller. If you have the determination, tenacity, and knowledge, you can do. Imagine if U2 played to a half-empty arena.

Or what if the New England Patriots played their games in a stadium with a ton of empty chairs? It would look terrible and all parties involved would either lose interest or lose money. This leaves a gap inside the marketplace. Venue owners and event managers sell tickets at below their true value to eliminate empty seats.

Since the tickets are below their true value, this creates an opportunity. Enter ticket resellers. Ticket resellers buy tickets at this underpriced value and can then sell them for just a little bit. This means profit for the reseller. Maybe their paycheck is next month, maybe they had an unexpected expense.

But if you bought the tickets beforehand, now you have the opportunity to sell the tickets. You can bump up the price since the tickets are sold. And the person who buys the tickets will be grateful. Okay, got your computer? Open up a word processor of some sort and create an excel spreadsheet.

Easy as. But before we get to where to buy your first ticket, here are a couple things to keep in mind that will help you succeed. If you want some in-depth video training and tutorials of exactly how to go about finding profitable tickets, check out this great training right. Track every ticket you buy and sell, what profit you had from each, and keep every receipt in your email or some how to make money selling concert tickets online.

This type of recording is helpful because it helps you spot the deals that you do well on. Maybe you even sell better on Mondays than Tuesdays. This extra efficiency helps you to make more money while spending less time. This type of tracking is vital for your long term success. First, try to get started by reselling one ticket.

Then bump up to two, three, and as high as you want to go. Begin to learn the little tricks of the trade that boost your earnings and help your buyers to be happier. Some of the learning will just come from experience. Really, have fun. Remember that ticket flipping has the chance of replacing your full time income. That would feel pretty stinking awesome. Maybe you want a little extra cash, or to retire early, or a better life for your children.

Have fun to stay motivated. Stay motivated by having fun. Many big events offer presale tickets if you use a credit card. The most common credit cards that are eligible for these deals are Citi or American Express cards.

This is a great way to buy tickets before the general public and become one of the pined after ticket providers. With many artist fan clubs, you can get special deals and early bird tickets. You can get multiple tickets at special prices and then sell them to people at market value. One important thing to note — do your homework on the fan club. Some clubs require you pay a membership fee or make you be a member for a certain amount of time before getting access to the presale tickets.

If you do your research and find a fan club off of which you could make a profit, join it. This option is a bit riskier but still has potential. But if you do go this route, go all how to make money selling concert tickets online. Here are some questions to ask yourself before buying tickets for resale.

This is so important. How can you sell a poor person something? Typically middle-aged people have more money than college students, so what events will attract middle-aged men and women?

A classic rock band who may be on their last tour? An opera? Rod Stewart? Figure out who has the older, wealthier fans and buy those tickets. Did people forget to buy tickets? Were they not aware of when the tickets went on sale? Think about this — the cost of a ticket depends on how popular or stable the entertainer is. Tickets to an Ariana Grande concert will cost more than the tickets to see a local up-and-coming alt-rock band.

Now, if someone is popular for something bad, that is a red flag. Regardless of these other reasons, when and where an event is happening can trump all of. If a concert is happening at a legendary venue, the tickets will be in higher demand.

People in cities with a higher cost of living are usually more willing to pay more for tickets. Weekend events do better than weekday events. Taking this logic into account will greatly help your success.

Do they come with special amenities? Are they VIP tickets? These types of tickets are very difficult to get ahold of, but people are willing to pay more for. The types of people who buy these tickets are not sensitive to price. If you can obtain them, you can make some nice money.

On the other hand, there are so many super cheap tickets available that the market may be too crowded. So the tickets in between are probably your best bet. The most popular place to buy tickets is Ticketmaster and the most popular place to sell tickets is StubHub. But you can also use places like SeatGeek and VividSeats. If you want to go local, you can directly to the venue, whether in-person, by phone, or through the website they provide.

Whatever route you go, just make sure you check the rules on whether the tickets can be resold. It may just take time and testing to find the one that works best for you. But here are several of the top places where you can resell your tickets and the basic steps on how to do so.

StubHub is probably the one of most used websites for ticket resale. The biggest thing they have is eyeballs. Link Whisper is a revolutionary tool that makes internal linking much faster, easier, and more effective.

You can use Link Whisper to:. Build better internal links with Link Whisper. I like Ticketmaster a bit more than StubHub due to its popularity. Reselling tickets on Ticketmaster is pretty easy and fast. VividSeats is another established and reliable ticket broker you can use. The amount of traffic eyeballs it gets is a distant second to StubHub. The big downside of VividSeats is their higher fees.

7 Easy Steps to Make Money Buying and Selling Concert Tickets

If you are looking to become a ticket broker. Take for example, Michael Violi and Bryce Conway. Or, you can buy tickets to events that are close to selling out but have rock-bottom pricing on some of your favorite marketplaces outlined. Earn tkckets 1. Sign up to get your FREE list of items to flip and resell! This is a Ticket Broker that is looking cobcert quit their job and make money reselling tickets. Probably not a lot of money to be. By Caleb Murphy August 26, 1 Comment. The cheap tickets are too abundant and rarely sell for much of a premium. This is pretty obvious but it needs to be mentioned. This is a really moneey flip and those are the kind of flips you want to always be looking. Read the terms and conditions of the clubs to know if they allow ticket reselling of such tickets. I bought a pair and was fired concret for the. Really, have fun. He, like Violi, was in college when the ticket reselling bug bit. Lastly, StubHub makes it easy to price your tickets to how to make money selling concert tickets online.