The Secrets to Ticket Scalping

You might’ve already noticed, but ticket scalping isn’t going to be for everyone. With a few falls and sidetracks, you might already decide to kick the bucket and seek out other business ventures. However, you begin to think about one thing – “How come there are successful ticket resellers out there?”

With that thought in mind, now you’re going to be on the fence if you want to quit ticket scalping or push further with the business venture. Now that you’re here, you might be looking for pieces of information that you may not already know since you’ve started reselling tickets. Read on to know some of the secrets of ticket scalping that you might not know just yet.

Social Media is a Gold Mine

 Facebook, Twitter, and Instagram aren’t just your online portals to post selfies, share food spots, and check out what’s happening with your friends and family from the other side of the world. When you enter particular circles or groups in these social media portals, you’ll find people looking for tickets, and these individuals are usually desperate to watch their favorite band or sports team play. For example, one person might be willing to shell out $150 for one ticket when your sources can sell it to you for as low as $50. Hence, that situation will immediately slap you with a $100 profit, and it might not even take you 5-minutes to accomplish it.

Credit Card Presales

 Many major events will partner with major credit card companies to promote the occasion. These presale promotions will usually offer lower ticket prices than the norm. Perhaps the two most popular examples are American Express and Citi, and the only requirement they ask is for you to pay with either an American Express or a Citi card when trying to acquire a ticket. However, do note that it’s not going to get you as much as you’d hoped in return because credit card presales will usually limit the transaction to 4 to 8 tickets per customer. But if you have multiple American Express or Citi cards, then you can easily bypass that rule.

Official Fan Clubs

 Official fan clubs will have one excellent quality that won’t be present in other ticket buying options – a direct link to the holders of the event. For example, if you’re a member of the Justin Bieber Official Fan Club, then chances are you’re going to get first dibs on tickets. Furthermore, the seats allocated for these tickets are generally found in prime locations. Even if you’re not a true Justin Bieber fan but you’re still part of the fan club, then you can make a mint out of these tickets. Sell the tickets to true fans of the celebrity, and watch as the prices soar higher than ever.

Timing is Everything

 You’re not going to be the only ticket reseller on the market, so make sure that you get in touch with ticket buyers as fast as you can. Know what portals your prospects visit and take advantage of that thought. Fail to get to your potential customers quick enough, and there will be others who will get to them faster than you.

You can also take advantage of a ticket broker software that can help you stay organized with your ticket scalping needs. In doing so, it lessens the chances of you having to experience more pitfalls and drawbacks than what you may have already experienced in the past.