Recently, I’ve had quite a bit of modest success re-selling tickets online. It’s actually easy to do if you have a little time and patience. There is always a market for “primo” seats at the country’s best sporting events and concerts. Obviously, these tickets are very hard to come by but not as hard as you think. The key is to camp out on Ticketmaster about 2-3 minutes before the tickets are released and then try like mad for 5 minutes to pull the best seats possible. My success rate for pulling great tickets is about 20-30% of the times that I try.
When you “pull” good tickets, great money can follow. For example, last week I spent $400 on 2 tickets to Madonna in San Diego. About 4 hours later I sold those same tickets on StubHub for $1,120 (after Stub Hub’s 15% commission). Thus, I made a profit of $720 in one day. Not bad huh? Obviously, not all my ticket re-selling ventures have been that profitable but that’s ok. The point is: this can be very lucrative if you have the time and patience to keep trying until you get seats for a great act or event.
It’s also important to know when these events go on sale. I’m certainly no expert on this so I subscribe to site called Event Experts. It costs $22 a month and has been worth every penny so far. They have ticket broker “experts” who post there daily and give advice on what shows to buy. There’s also a forum where you can talk with other ticket brokers. I don’t plan to retire on my ticket re-selling profits but every little bit helps.
Have Fun!
June 22nd, 2008 at 2:00 am
I sold ticket for years…my best bets were joing the fan clubs and then scoring on the fan club presales.