Selling sports, concert, or theater tickets online for profit can make you extra money. It also provides an excellent opportunity to be your own boss while you work from the comfort of your home. Through online ticket brokers like Ticketbis, you can become an effective and profitable ticket reseller, if you’re willing to put in the work.
It only requires a few simple steps: study the business and get to know how it works, buy your tickets at a low price, sell them at higher prices online and get paid. Here is a brief guide on how to sell tickets online.
Get Familiar With the Process and Regulations
Before you begin to sell event tickets online, it is vital to know the rules governing this business in your city or state. The regulations vary from state to state. However one way to sell tickets profitably without violating state rules or being hampered by stiff regulations, is to work with online brokers. One of the leading online brokers is Ticketbis. After you have registered as a member, this company allows you to post your tickets on their website for free. Thereafter, they expose the tickets to over 100,000 clients who do business with them regularly. Their system is secure and they protect the seller and buyer of the tickets. Popular event tickets can get sold within 48 hours or less on Ticketbis. So you can be sure that you will enjoy quick sales when you use their platform to sell your tickets.
Know the Tickets to Buy and How to Get Them Very Cheap
Start by focusing on a band, team or artist you know quite well. If they have a popular following, it’s possible you’ll sell the tickets rather quickly. Focus on the reasons why their events are a huge success and why their followers are always willing to pay a premium to be at their events. Then do some research and find out the best way to buy their tickets very early at the lowest prices possible. One way to do is by buying pre-sale tickets. You should also let all your friends, associates and fans know that you sell tickets. This will enable you to buy up any of their unused tickets at a good price and resell them online.
Study Ticket Prices and Know When to Post
To make money from this business, you need to know when to post your tickets online. Study all the major ticket broker websites and discover how the ticket prices of your target events change as the date draws nearer. You should also study the prices of various seats at the event. The prices of the seats close to the stage are always more expensive than other positions so they usually generate more profit.
You can also use a keyword tracking tool to discover how people are searching for tickets for the events your are interested in on any search engine. Then you can schedule the posting of your tickets to match the season when they are either in high demand (to achieve fast sales) or to match the period when the tickets are scarce and the prices are very high – to obtain maximum profit.
That was a concise guide on how to sell tickets online. If you are passionate about the artists, team, band, sport, or events whose tickets you will be promoting, you will soon discover that you are on your way to earning consistent income and profit as a ticket reseller.
Latest posts by Kayla Sloan (see all)
- How Rent Control Works in San Francisco - February 20, 2017
- Why You Shouldn’t Request a Tax Refund Advance - February 20, 2017
- Will I Ever Need To Apply For A New EIN For The Same Business? - February 17, 2017