May 05 2013

Ticket Brokering, a Guide from MiniYou

Category: UncategorizedMiniMan @ 12:25 am

1922

Have you ever experienced to buy concert tickets and the sales staff told you it’s sold out?

Chances are, the ticket broker has them. Online and in line ticket brokers’ job is to buy more tickets and allow them to do business of selling tickets for concerts, sports events, shows and theatres from all over the world. A ticket broker makes money by buying tickets then reselling them. It allows them to take control of the ticket supply and charge more than its price.

Ticket brokerages have a group of ticket buyers for a certain event. These buyers stand in line at the ticket booth  or even use the internet to buy tickets online. They then deliver the tickets to the broker who resells them through a website or personally with a huge mark up. There are cases when people cannot find tickets to a certain event; they do not have a choice but to buy to the ticket brokers. These brokers has all the means that they need to purchase more tickets and buy them fast than any individual.

For some people, ticket brokers provide a valuable service because they fall in line and buy tickets for people who do not have the time to camp outside the ticket booth in order to get tickets for a concert or a sport event. They spend their time falling in  line in the hot sun or cold weather just to get tickets. This will prevent a concert goer or a sports enthusiast to absent himself/herself from work just to get tickets for that particular event. Many people believed that  ticket brokers play an important role in the ticket buying process because if you really want to watch a concert and could not afford to wait in line outside the ticket booth, you can just call them and buy tickets from them. If there are no ticket brokers, chances are you cannot watch that event.

Having them help you with tickets give you an instant access to those hard to get ticket events like those of popular shows and games because tickets in this shows sell like a hot potato. Buying tickets from them will give you the best seat in the event. You can choose your location and get the best view. It is convenient to buy from them because more often than not tickets to popular shows and events are sold out months before the actually show begins. Brokers offer tickets in advance and you will get to buy the  tickets even it is close to the actual date of the event.

Whatever your opinion about the ticket brokers, the thing is if you are unable to get tickets for concerts, theatres, and sports or your favorite events, you can always have it by calling them. The next time you and your friends plan to watch concerts, or attend sports and other events, all you have to do is to call a ticket broker to help you have the tickets that you really want.


Apr 30 2013

Timeline of Ticket Brokering

Category: UncategorizedMiniMan @ 12:23 am

lro055Learning how to become a ticket broker is easy. Being a ticket broker does not require certain of degree of academic background.  Anyone can be a successful broker, as along you know the tricks of selling second hand tickets. It is fun and exciting job, and is most suitable for people who love to work in the comfort of their own time and home.

You can learn the business of ticket brokerage in three simple steps:

Research

Aside from the capital, the foundation of every ticket broker is his knowledge about the market. Decide on what type of tickets to sell. If you plan on buying tickets for concerts, research months before the ticket date. Most concert tours announce their dates months prior to its actual date. This will help you get presale tickets from the organizer or distributor. But before making bulks of ticket purchases, make sure that the demand is enough for you to resell your tickets with added profit. To make this happen, review the performer’s ticket sales records.  Also consider the demography and economy of the place where you want to sell your tickets. In the US, the best markets to saturate are Los Angeles, Boston, and New York.

Buy Tickets

Find out the date of the ticket’s availability. Check for presales and on sales. Be attentive on these two sources to get as much tickets as you wish. Another good way to source out tickets is through fan clubs. If you plan to buy them online like at Ticket Master, go to the website’s main page minutes before they go on sale and always refresh the websites main page. When buying concert tickets, it is advisable to purchase seats within the first fifteen rows on the floor of the venue. The second spot to look out for are the rows nearest the side section. The same thing goes for sports events. You can also source you tickets by hiring people online to buy the tickets for you at the main venue or wherever the physical tickets are available. If you are not able to buy tickets, it is okay to buy tickets from other ticket brokers online in places like Craiglist and eBay. You can sell the tickets at higher price once the demand goes higher.

Selling of the Tickets

There are different ways for you to sell the tickets. There are basically a lot of online markets to where you can sell them. You can try eBay, Stubhub, and Craigslist. The most crucial part is how you sell the tickets. Your timing is an essential in selling. Fans of these artists and bands have the natural tendency to panic buy from ticket brokers once it gets out of sale in main market. However, it does not mean that as soon as they are sold out in its primary source, you’ll have to sell your tickets quickly. Study your market and how other broker sells their tickets, and make sure to frequent popular ticket brokering websites like TheTicketsGuide.com. Most ticket brokers sell tickets a few days before the actual event to increase the demand of the ticket. However, this is not always the case. So it’s best to always check out on your competitors on when and how much they sell their tickets. In addition, certain online markets and states have selling guidelines with regard the pricing of the tickets, so you really have to check them to know how to price your tickets. For a beginner, 50% profit is a good start. Once you have sold your tickets, plan on another event in which you can procure more tickets.