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How to sell tickets fairly

barnabas.me

121–130 of 363 posts

Re: How to sell tickets fairly

#121
post #8

The obvious fix to bots and scalpers is just to not allow ticket transfers - you give your name when you buy the ticket and show your ID at the door. Why this isn't the current process is left as an exercise to the reader.

I went to Roland Garros and this is how they did it. You also were allowed to return the ticket to the pool and the event resold it at face value.

Re: How to sell tickets fairly

#122
post #117
post #78

Earlier quoted context omitted.

In the system that I can resell my ticket I don't have a loss, in a system where it's by name I can't I believe it should be auctioned anyway, so that the people with the highest desire to go can put their money towards it. This is the most practical solution to the problem - the organizers get paid what the tickets are worth, anyone who wants to go knows how much the tickets will go for, scalpers become futures trad…

Ok but what about someone with not much money, but time. They may be willing to camp out for several days (certainly desire there) but would lose out to someone with money who can easily afford it.

Quoting GP, “Shit happens? Lots of things have the same problem.”

If bands want to lower ticket prices then they can play in bigger venues or more days. Play until you don’t sell out. Supply and demand.

Re: How to sell tickets fairly

#123

It’s a trivially solvable problem to engineers because it’s not an engineering problem. They want all the hype and rush. It’s become a piece of culture to “wait in line.” I once had a company put me in an async queue for months to wait for my brand new gadget. I wish Sony had done the same with the PS5.

The psychology of people waiting and wanting to give relatively large sums of money away is absolutely what's being optimized. The proposal from author is quite the opposite as it encourages waiting or leaves you wondering if you overpaid as a consumer. Probably not the psychology that's best for business.

Re: How to sell tickets fairly

#124
post #8

The obvious fix to bots and scalpers is just to not allow ticket transfers - you give your name when you buy the ticket and show your ID at the door. Why this isn't the current process is left as an exercise to the reader.

Australia has a few “major events” laws aimed at preventing the worse of scalping. They mostly require that any reselling not be more than a fixed percentage of the original resale price (I think it’s 20% from memory). While not perfect, it does prevent the insane ticket prices.

This is all managed through an offical resale partner with ticket tek and ticket master. You can only transfer tickets officially though the site, with options to do it for no (or low) charge if you’re sending it to a mate.

I’ve used the service quite a bit, picking up tickets on the day of an event. I’ve had some wins buying tickets for ~30% of the original price, but also plenty of times paying slightly over the original price or I’ve missed one event as there were no available tickets. It’s just something I’ve come to expect for the flexibility it provides.

I think the majority of people use this service rather than trying a third party as it’s official, easy for the seller and no one wants to support insane scalpers.

The only problem I’ve seen with the system is events can elect to not allow reselling on the platform till the event is sold out. This can prevent people recouping their losses if they can’t attend the event, and stops me from potentially getting a small deal.

Re: How to sell tickets fairly

#125
post #8

The obvious fix to bots and scalpers is just to not allow ticket transfers - you give your name when you buy the ticket and show your ID at the door. Why this isn't the current process is left as an exercise to the reader.

In New York State, it is illegal to prohibit the transfer of tickets, which complicates most obvious approaches to stopping scalpers. https://www.nysenate.gov/legislation/laws/ACA/25.30

This appears to mainly apply to season tickets and subscription-based tickets, at least at first glance.

Re: How to sell tickets fairly

#126
post #64

Earlier quoted context omitted.

I don't see why the Dutch auction doesn't address your concerns. The starting price can be higher, the price drop can be non-linear and third party software using the concert's API can serve customers by providing them with the same information scalpers would have.

Did you see the part about selling to kids who don't have much money?

The solution there is to play at more venues, or play at more crappier venues.

Re: How to sell tickets fairly

#127
post #8

The obvious fix to bots and scalpers is just to not allow ticket transfers - you give your name when you buy the ticket and show your ID at the door. Why this isn't the current process is left as an exercise to the reader.

In New York State, it is illegal to prohibit the transfer of tickets, which complicates most obvious approaches to stopping scalpers. https://www.nysenate.gov/legislation/laws/ACA/25.30

If I'm not mistaken, this[0] seems to be a commentary on the law. As I understand it after having read that article, the law seems to be in an effort to encourage reselling by the regular person in case of travel/event plans changing, while introducing fines to prohibit egregious scalpers. However, it seems it's just some fines for these activities, and I can't find any case where scalpers were convicted and fined under this statute (but maybe my Google-fu is weak).

0: https://brooklynworks.brooklaw.edu/cgi/viewcontent.cgi?artic...

Re: How to sell tickets fairly

#129
post #31
post #8

The obvious fix to bots and scalpers is just to not allow ticket transfers - you give your name when you buy the ticket and show your ID at the door. Why this isn't the current process is left as an exercise to the reader.

"Papers, please." How could it be done without invading privacy?

zero knowledge proof

Re: How to sell tickets fairly

#130
I could imagine the Dutch auction would only change the strategy of scalpers, besides being a massive money grab for artists, venues and ticket master.

The strategy for scalpers now appears to be get in as fast as possible and buy as many tickets as they can. But if we can assume the event will sellout completely and there is sufficient demand (e.g. Taylor Swift which I think I read would need to do 900 concerts to meet the initial demand) then scalpers could still win. Scalpers would just need to set a desired amount of tickets to buy and attempt to buy them at the last possible moment. They will get the tickets for the cheapest price for the event and could then sell them for a markup.

I think people would buy the scalpers tickets since they may have been waiting to see how low the prices can get, or they are able to obsess over remaining ticket numbers like a bot could and just missed out.

The only benefit I could see to the Dutch auction is it increases risk to scalpers by making them pay larger prices and get the last pick of seats, but only for events with allocated seats. So maybe instead of half the tickets for an event being scalped, they may only have the risk appetite for 10% of the tickets.

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