361–370 of 487 posts
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Also actual fans sometimes can’t make a show and need to resell their tickets
But people buy stuff everyday that they never actually use. Why should tickets be sacred?
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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…
If image is such a concern, sell (1/x) of tickets at the max possible price, give away the other (1 - 1/x) the day before the show for free. Ban transfers on the free tickets.
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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…
Most economists believe that price gouging is completely fine. Anti-price gouging laws lead to a misallocation of resources and lower supply where it's needed.
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> Rich people tend not to loudly enjoy the show, so the atmosphere isn't there Citation needed. Rich people are the main audience at all organized events of all kinds. Do you think you can take you and your kids to an NFL game if you're poor? The main attendees of Taylor swift? Women in late 20s - mid 30s working corporate jobs.
Billy Joel: “I’d look down and see rich people sitting there, I call ’em ‘gold chainers.’ Sitting there puffing on a cigar, ‘entertain me, piano man.’ “They don’t stand up, make noise, [they just] sit there with their bouffant haired girlfriend lookin’ like a big shot. I kinda got sick of that, who the (heck) are these people, where are the real fans?”
“For our last number I’d like to ask your help. Would the people in the cheaper seats clap your hands? And the rest of you, if you’ll just rattle your jewellery.”
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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…
I’m not going to speak on how this could be hard to implement in other countries, but in my country selling a ticket above the price it was bought for is illegal, and as a result (maybe there is other factors in in play but) it’s basically a non-issue here
I’ve never heard this, what country?
You can resell for the total price including fees, but no more.
https://www.consumereurope.dk/purchase-of-goods-and-services...
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I’ve never heard this, what country?
Norway! I think it’s somewhat similar in the nearby countries, but I don’t know for sure. You’re not even allowed to add the ticketmaster fee to your reseller price, so it’s techincally cheaper to buy it second-hand
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Because, ironically, a show that only rich people can afford to attend will be pretty terrible. Rich people tend not to loudly enjoy the show, so the atmosphere isn't there. This is bad for the rest of the audience and for the performer. It's hard to put 100% in when all you can see is a bunch of people staring solemnly at you. It happens in football (soccer for my American friends) for clubs like Man Utd (and probab…
Why is it that rich people are solemnly staring in general? You'd think they'd be whooping it up on account of being made.
If the ticket is cheap for me, I can go even if I don't like the band too much. And with very expensive tickets, many enthusiasts won't pay while rich non-enthusiasts are bigger part of audience.
Meanwhile, if tickets are cheaper but you have to jump hoops to get them, you get enthusiasts.
Why do the organizations putting on events like these leave so much money on the table? Why don't they just charge the market-clearing price themselves, leaving no room for scalpers to make any profit?
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This is not true at all as a general rule. It all comes down to whether or not there's enough demand to fill the venue. If there's plenty of demand, StubHub prices will remain much higher than face value. They absolutely do not ever become available at good prices. On the other hand, if the venue is larger than demand, then yes -- you can easily score half-price tickets a few days leading up to the show. But good luc…
I guess this sort of advice is good for the kind of person who sees a show coming up, and thinks it would be cool to go, but is completely fine missing it if the price isn't on the lower end.