How to sell tickets fairly
barnabas.me
How to sell tickets fairly
1–10 of 363 posts
Re: How to sell tickets fairly
#2Pearl 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...
Re: How to sell tickets fairly
#3While this might maximise the amount of money the organisers get for an event it doesn't handle variable fixed costs.
That is I might need no capital at all to run my tour if I sell tickets at a highish (but sub-optimal) price early on.
Re: How to sell tickets fairly
#4I wonder if you'd see "bank runs" happen spontaneously as nervous fans see the number of available tickets start to drop, causing a spontaneous feedback loop.
Re: How to sell tickets fairly
#5I don’t understand at all why prices aren’t raised in these severe demand/supply imbalance situations.
Same applies to PS5 etc
There wouldn’t be a shortage at all if it were priced appropriately. And scalpers just end up capturing that value anyway
Re: How to sell tickets fairly
#6Or how about a lottery system. You get an email if you win the privilege of buying a tickets. Tickets are named and require ID check, to prevent scalpers. If you are unable to go, your ticket just goes back to the lottery pool.
Re: How to sell tickets fairly
#7I don’t understand at all why prices aren’t raised in these severe demand/supply imbalance situations. Same applies to PS5 etc There wouldn’t be a shortage at all if it were priced appropriately. And scalpers just end up capturing that value anyway
Because sports teams and singers need broad audience interest to maintain their brand’s popularity, which can drive things like merchandise sales, future concerts, music streaming, etc.
If they simply sold to the highest bidders, the populace at large will stop being fans and they will move onto the next entertainer. In the short term, you might make a little extra from richer people, but longer term you will fall out of popular culture, and the rich will move on or not be sufficient in quantity to maintain as profitable of a following.
Re: How to sell tickets fairly
#8The 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.
Re: How to sell tickets fairly
#9The 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.
Because people drop out last minute and might want to take a different friend.
Re: How to sell tickets fairly
#10Pearl 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 an option for everyone to set the rules.