Make money buying concert tickets

Make money buying concert tickets

Posted: Alex_Ch Date: 21.07.2017

It used to be that ticket scalping was seen as sleazy and illegal.

But you no longer have to hang out by the stadium gates…. Now you can make money buying and selling tickets at home , using online brokers.

Buy Tickets | Empire State Building

Since some states and cities do regulate ticket resale in various ways, it is best make all your sales using online brokers that make sure sales are in compliance with any local laws.

Perhaps the biggest and best-known of the online platforms is StubHub. That makes it easier for you to sell. I learned about StubHub a few years back, when a friend said he was going to see A Perfect Circle play at the Red Rocks Amphitheatre in Denver.

make money buying concert tickets

StubHub even provided a printable prepaid shipping label for him to use to send the tickets to the buyer. For example, much of the time now you can simply enter barcodes from your tickets so they can be delivered electronically and instantly to buyers, who then print them out.

make money buying concert tickets

You can choose to receive payment by check or PayPal deposit. You might be surprised by the variety of events for which tickets are resold.

Music Theme Event Tickets | Event Ticket Printing

Golf tournaments, plays, music festivals, magic shows, car shows — if there is an event near you there are probably tickets for it on reseller sites. Those results were for particular events, with some having hundreds of tickets offered.

How To Make Money Reselling Tickets For Profit » Ticket Flipping

To make it into a business or profitable hobby you basically bet on which events will sell out so you can buy early and resell the tickets at a higher price as the event date nears. Research for this is done easily enough online. Look up events in and around your community and start checking for tickets daily to see if they sell out.

If there are bands coming to town, search their schedules online and check to see if they sell all seats in other places.

Then take a chance, make a purchase, and wait until the event is near to list the tickets for sale. You can also get an idea of prices right on the various resale websites. In addition to hubstub. Check prices on eBay too, but if you sell your tickets through them their policy is that you are responsible for knowing the laws and regulations for the event location.

If you have really good seats they can sell at a premium even if there are many seats still available far from the stage or field. You can also buy resale tickets in person to resell them. For example, suppose a coworker has two tickets to a Santana concert.

make money buying concert tickets

Now repeat the process a couple times weekly if you can. Wait until closer to the event date and list them for sale.

If you do make a profit you can parlay that into more purchases and try again. The bottom line is that if you guess wrong you lose money, but the potential to make a lot is there.

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