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How to sell tickets fairly

barnabas.me

61–70 of 363 posts

Re: How to sell tickets fairly

#61
- Digital only tickets - By default, the tickets are not transferrable. Use your app on your phone to get in. - You can pay a fee to make tickets transferrable/scalpable. - The fee increases as more tickets are sold with this option (set ceiling on max number of tickets with this option sold)

So okay, you want to scalp tickets, you have to pay more and people who don't want to transfer pay less.

Re: How to sell tickets fairly

#62
post #10
post #2

Pearl Jam tried to beat Ticketmaster. At the risk of sounding like the big fan I am, if Eddie Vedder and co. (at their commercial peak) can’t beat Ticketmaster, I’m not convinced that software can. I’ve been pasting this Rolling Stone link since I was in my teens. I can’t believe how old I am… https://www.rollingstone.com/music/music-news/pearl-jam-taki...

Recently I went to see PJ with a friend. I had the tickets but I was going to be late so tried to transfer one ticket. Nope, not allowed. Both of us had to be there with my app. If I wanted to sell it I can but not to a person. I can just release it back at the original price and no fees. So PJ are still fighting the good fight and TM plays along. Unfortunately most artists don’t have PJ’s influence, so probably not…

[deleted]

Re: How to sell tickets fairly

#63
post #10
post #2

Pearl Jam tried to beat Ticketmaster. At the risk of sounding like the big fan I am, if Eddie Vedder and co. (at their commercial peak) can’t beat Ticketmaster, I’m not convinced that software can. I’ve been pasting this Rolling Stone link since I was in my teens. I can’t believe how old I am… https://www.rollingstone.com/music/music-news/pearl-jam-taki...

Recently I went to see PJ with a friend. I had the tickets but I was going to be late so tried to transfer one ticket. Nope, not allowed. Both of us had to be there with my app. If I wanted to sell it I can but not to a person. I can just release it back at the original price and no fees. So PJ are still fighting the good fight and TM plays along. Unfortunately most artists don’t have PJ’s influence, so probably not…

I think I can live with the approach of banning transfers but still offering refunds.

Seems like it would make deter scalpers since they'd have to show up at the concert or provide you with a fake ID which might not work.

Re: How to sell tickets fairly

#64

I think one reason why artists don't take the Dutch Auction approach is that they want to recruit new fans, including kids who might not have much money. They also probably don't want to be seen as greedy. In the absence of some system that prevents resale, scalpers will likely still buy up all of the Taylor Swift tickets before they drop to a price that is affordable for these less-affluent fans. The bots will likel…

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.

Re: How to sell tickets fairly

#65
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.

Some venues do this, but it does slow down entry (though during the pandemic some venues where checking IDs anyway along with covid test results, etc..) AXS requires that you use their app and it must be logged into the account that purchased the tickets. The QR codes need to be refreshed before entry and expire in 60 seconds. This presumably requires scalpers/bots to create an account per ticket purchase, and there…

AXS allows them to resell on their own platform, so "the account that purchased the tickets" doesn't have to be the one that originally purchased the tickets.

Re: How to sell tickets fairly

#66
I don't get what this has to do with combating scalping. This is just a new auction game to play. It levels the playing field for a time, as all new games do, but the scalpers will eventually win it.

In this case the game is to find X where X is the percent of concert goers willing to pay scalpers. Then you buy the bottom X% of tickets for the current price and list them for more money. This is easy to do because the auction site tells you the number of remaining tickets.

Since there's no supply of auction tickets left, scalpers can now set the price. And since they paid the lowest price out of any of the ticket holders, they hold all the power.

Re: How to sell tickets fairly

#67

Earlier quoted context omitted.

Some venues do this, but it does slow down entry (though during the pandemic some venues where checking IDs anyway along with covid test results, etc..) AXS requires that you use their app and it must be logged into the account that purchased the tickets. The QR codes need to be refreshed before entry and expire in 60 seconds. This presumably requires scalpers/bots to create an account per ticket purchase, and there…

AXS allows them to resell on their own platform, so "the account that purchased the tickets" doesn't have to be the one that originally purchased the tickets.

Yes, it includes resale on its own platform. As I noted, I'm not sure this prevents scalping, but it seems like it would require bulk scalpers to create a large number of accounts, and presumably it allows AXS to take a cut and to monitor it.

Also I believe they limit the resale markup to 10% above the face value. This seems good for buyers and fair to sellers, and it may also reduce the profit for scalpers.

I imagine they could also ban resale of tickets for certain shows if they wanted to.

Re: How to sell tickets fairly

#68

I don't get what this has to do with combating scalping. This is just a new auction game to play. It levels the playing field for a time, as all new games do, but the scalpers will eventually win it. In this case the game is to find X where X is the percent of concert goers willing to pay scalpers. Then you buy the bottom X% of tickets for the current price and list them for more money. This is easy to do because the…

The idea is that everyone willing to pay more than $X for tickets bought their tickets before the scalpers can buy it for $X.

Re: How to sell tickets fairly

#69
post #16

Earlier quoted context omitted.

Because people drop out last minute and might want to take a different friend.

I’ve been to events that do this and if someone can’t make it tough luck. But it prevents scalping at least. Every system has pros and cons.

Better solution is to just price the tickets higher. Scalpers are only taking advantage of arbitrage. This requires a bit of complex demand estimation up front though.
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