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Posts Tagged ‘Event Ticket’

Backstage Broker - New Event Ticket Comparison Website

July 28th, 2009
event tickets
Jack Massey asked:


I recently was searching for concert tickets and came across anew website targeted for ticket seekers http://www.BackstageBroker.com

I’ve purchased tickets from secondary market ticket brokers in the past and got burned. The main reason being I didn’t research enough to see if there were better seats and certainly better pricing. You really don’t know who you are buying tickets from when you troll through the larger “brand name sources” for tickets. I not only want to be able to feel confident I’m getting tickets at the price I’m willing to pay, I would like the chance to speak with a human (there’s a concept) if I have questions about my purchase, and know who exactly I’m purchasing from.

Enter Backstage Broker:

I counted 12 brokers listed by category - concerts, sports and theater. I ended up buying tickets for my 14 year old who was nagging me for Jonas Brothers tickets. Seems these “Disney pop bands” are the hot ticket with more younger audiences now attending concerts. The demand is higher, along with the rising ticket prices. It only makes sense to have a resource to search and compare pricing, inventory and background of the broker I’m shelling out big bucks for tickets.

The site allows you to compare tickets from multiple brokers easily. With all the clutter of where to search for a good deal on event tickets after TicketMaster sells out, it’s nice to find a site that gives options. It was worth shopping around the site. Each broker opens a new window so I can compare with other brokers all from one page - one site. Simple concept, yes, but it works! I recommend checking it out if you’re looking to find more than one source for concert, sports or theater tickets.

Jack



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How a Ticket Broker Works

June 21st, 2009
event tickets
Michael asked:


If you have ever had a concert or show that you thought of attending and were not able to do so because of your lack of ability to buy tickets to the event, a ticket broker may have been the starting point of your problem.

Because of the way a ticket broker works, it is quite common for the top seats to an event to already be committed for. This is because the ticket broker often employs outside individuals to do the ticket buying for him. On a common day, when tickets to a specific entertainment event initially go on sale, those individuals who work for the ticket broker will purchase seats before anyone else attempts to. Once the seats are purchased, they are gone to be sold at a higher price.

Because of this sort of activity, a lot of state regulation exists with regard to the offering of event tickets for an amount greater than face value, and each state has its own set of procedures. Some states go so far as to say that a ticket broker is banned from business operation in their state. The only difficulty with this approach is that the Internet makes it very easy to manage a business across state lines.

Selling tickets to an entertainment event for greater than face value bases itself on the principle of supply and demand. For any typical event, there are only so many tickets available. Because the demand for “choice seats” can be in excess of the supply of tickets available, the value of those “choice seats” rises, and this is where the ticket broker comes into play. The most popular seats to an event will be available — for a particular price often noticeably more than face value. Logistical aspects also come into play here, because in theory the event promoter only wishes to release as many tickets as can realistically be sold. Issuing any more tickets is a waste of money. On a more realistic level, only so many “choice seats” can logically exist for a normal event in question.

The debate continues on whether ticket brokers should even be given permission to do what they do. Ticket brokers will always represent that they have a right to do business and are in simple terms taking advantage of “the market.” The problem stands, however, that they aren’t actually “doing anything.” No service is truthfully being provided. Ticket brokers are basically taking advantage of the workings of the marketplace rather than adding accredited service to it.

To evaluaute the noteworthiness of ticket brokers in the entertainment event marketplace, a person should ask themselves what the event ticket market would be like if if ticket brokers were nonexistent.



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