Benefits of Selling Concert Tickets You Can't Attend
If you are unable to attend a concert, reselling your tickets enables you to recoup costs and possibly make a profit. It also increases ticket availability, and more fans can secure a seat. Lysted makes it easy to list and sell tickets on hundreds of platforms to maximize sales opportunities. Here are some reasons to sell concert tickets for shows you can’t attend:
Recover Ticket Costs
The prices for concert tickets often vary, depending on the venue, where you sit, and the artist’s popularity. This makes tickets a significant investment, and missing a show results in lost money. When you sell concert tickets online, unused tickets may have minimal financial implications.
Resale platforms usually allow sellers to set their own listing price. This enables you to sell tickets at face value or at a higher price if demand is strong. We offer a pricing tool that sets your listing price based on live market data. Prices automatically update every two minutes, and this can help you sell tickets faster with higher profitability.
When selling tickets, it’s beneficial to review a platform’s fee policy, as this impacts your overall profit. With Lysted, it is free to sign up and list tickets. Fees are only due after a sale is complete. Sellers typically pay about 11% of their listing price, but this percentage is often lower when you complete a high volume of sales.
Increase Fan Access
Each concert has a limited number of tickets, and this is primarily dependent on venue size. When they sell out quickly, many fans may miss the opportunity to purchase tickets. Reselling unwanted tickets gives more fans a chance to get tickets after the initial sale. This also reduces the number of empty seats at an event, as tickets do not go to waste.
A resale platform enables you to list various ticket options in a single place. Listings for general admission, reserved seating, and VIP tickets are typically supported. You can also transfer both digital and physical tickets to buyers. When creating a ticket listing, make sure information is clear and transparent; this verifies that sellers are getting the tickets they prefer. All ticket details should be listed, and they include:
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• Ticket quantity and format
• Seating information, including section, row, and number
• Disclosures, such as obstructed views, age requirements, or handicap accessibility
Prevent Fraud
Buying and selling tickets through unverified marketplaces may result in ticket or payment fraud. Verified resale platforms authenticate all tickets before sales are complete, and they offer buyer protection with refunds for invalid or misrepresented tickets. Sellers are typically paid 10 days after the event date; this verifies that buyers received their tickets and they were as advertised. All payments are managed through a secure, third-party payment platform. This protects buyer and seller information, and banking information cannot be accessed by managers of the resale platform.
Sell Concert Tickets Today
Automated ticket listing and order fulfillment systems make it easy to sell unneeded concert tickets to fans. This helps you sell your tickets quickly, and it allows you to recoup costs and free up funds for future events.
With Lysted, you also have access to dedicated support, either through live chat or our knowledge base articles. Sign up with us today! 🎸
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