The Downlow on Buying and Selling Concert Tickets Online
Buying concert tickets online isn't scary. In fact, it's as easy
as visiting Google and typing in the event you are looking for
and follow with the word "tickets". However, a couple of
questions may come to mind when browsing for sports or concert
tickets.
1. Why are tickets so expensive on the internet? On Ticketmaster
the tickets are so much cheaper. Why should I pay twice as much
for tickets? 2. Does the ticket broker website I am visiting
really have this many tickets in their inventory? 3. How do I
know the website I am visiting is offering the lowest prices on
these tickets?
First, concert tickets are more expensive because you are not
buying them off of the primary market but the secondary market.
Brokers are buying the tickets before the fans can get them and
selling them on the secondary market. The brokers make their
money off of the arbitrage.
If you want decent seats to a hot event you are pretty much
going to have to buy tickets through a broker. eBay has a decent
inventory of tickets. Also, sites like http://www.ticketspot.com
hundreds of thousands of tickets in their inventory which you
can browse and purchase. Second, ticket broker websites don't
have the concert ticket inventory on hand that they are
displaying on their website. Rather, they are displaying
inventory from a central database of brokers which reads out on
many brokerage websites. The websites mark up the tickets
accordingly while acting as a "retailer" for the tickets.
Finally, the vast majority of the concert ticket brokerage
websites have the exact same inventory. Because of this, the
only decision you need to make is choosing which one to buy
from. I recommend shopping around a couple of the websites to
see what kind of markup they have on the tickets. Keep in mind,
you are looking at the exact same pair of tickets, but the
markup of the different websites is going to be different.