301–310 of 487 posts
Either it should be lottery system or ticket price should be set high enough, which might not be fair to people who can't afford. But, this is the way.
Scalping (or at least reselling) airline tickets used to be a thing before 9/11 when the TSA came into being and they and the airlines began requiring positive ID to get on an airplane. Ticket reselling cost the airlines money: It made nonrefundable tickets fungible again, which the airlines hated. So the airlines loved the TSA's new positive ID policy. Ticketmaster could do the same thing if they wanted to, but I ha…
Ticket selling is a problem of economics, and trying to solve it via tech is pointless. If enough fans out there are willing to spend $2000 for Taylor Swift tickets then that is the value of the show. Ticketmaster selling them for $100 creates an arbitrage opportunity, and of course people are going to take advantage of it.
(Well, they have an issue where everyone tries to buy a ticket at the same time and it crashes their servers. Tech could help a bit with that. But in the end, everyone trying to buy a ticket actually wants to go to the festival)
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Having to slash the prices so drastically is also embarrassing and doesn't build hype the way the tickets being instantly sold out everywhere does.
There is nothing embarrassing about a Dutch auction. What's the point of generating hype by selling out tickets? All of the tickets get sold out either way, it's just that now more fans end up with tickets instead of scalpers.
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> People just don’t want to deal with the reality that the Taylor swift tickets that start at $40 or whatever were never real to begin with This. Here's a much more optimal semi-auction style solution. Tickets go on sale for 20 days, each day, all the seats and spots are worth the same price, you can buy anything, the price is always the same. Day 1, the price is $2000. Day 20, the price is $10. So you'd only pay $60…
For someone like Taylor Swift, the tickets would sell out at $2000 on day 1. Then what? Her fans burn down her private jet on the tarmac for being greedy. The entire reason performers want their tickets sold below market value is so that non-rich "real fans" can actually afford them. All of the other shenanigans going on are there to get around this issue (and the performers definitely get a cut) while protecting the…
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That would just return them to the status quo ante where scalpers sell through third parties.
If you tied tickets to names and required ID at the venue (allowing refunds in case you couldn't make it), this wouldn't work and scalping would basically end overnight. The fact that neither Ticketmaster nor the performers nor the venues has ever taken this simple step is the proof that it's not in their interest to do so. Note that events where the promoters are actually interested in having people show up instead…
On the other hand, I had an extra ticket. I did manage to sell it for face value by organizing the deal just as I approached the pickup counter (someone else knew how to play the game), and we did a quick cash transaction for face value.
Ticket selling is a problem of economics, and trying to solve it via tech is pointless. If enough fans out there are willing to spend $2000 for Taylor Swift tickets then that is the value of the show. Ticketmaster selling them for $100 creates an arbitrage opportunity, and of course people are going to take advantage of it.
The Glastonbury music festival, the largest of its kind in the world, requires each ticket purchase to be associated with a government ID. The ID must be presented at entry and must match the ticket sale. As far as I know, they do not have problems with scalpers. So tech might not help, but maybe beaurocracy can :) (Well, they have an issue where everyone tries to buy a ticket at the same time and it crashes their se…
At the venue, someone checks your photo, and you scan your ID, which must match the one on the ticket.
But Ticketmaster would never do that, because they make too much money from scalping.
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As it should be, without restrictions. Basically First Sale doctrine. If I buy something, I own it and should be able to sell it at market price.
The First Sale doctrine is fine, hoarding ( https://en.wikipedia.org/wiki/Hoarding_(economics) ) and price gouging not so much. Rights come with responsibilities. Maybe I can buy up a pallet of toilet paper in the middle of a pandemic, but people would be right to think I was a total piece of shit if I did. Society's tolerance for parasites who do that kind of thing has a breaking point and when the people being nega…
A fix for some venues: only sell tickets at the door. Scalpers will have to work for it the old fashioned way then. This, of course, obviates the need for Ticketmaster (which needs to die in a fire). Realistically, Ticketmaster has a monopoly because they merged with the biggest artist management company, so if you want big artists you have to contract with them. The situation will not improve until antitrust enforce…
Would we go back to the days where some people camp out for days to get in first? I wonder how much worse it'd be in times where everyone is connected and you can google all the details and timings needed.
Yes, and that is not necessarily a bad thing. Dedicated fans get in first.