News & Insights

How Does Reselling Concert Tickets Work?

Written by Lysted Team | Jul 12, 2024 2:24:45 PM

If you can no longer attend a concert, reselling your ticket is a great way to recover your expenses or even make a profit if there's high demand. Lysted is an online platform that makes it easy and convenient to list and sell your tickets. It saves you time and helps you avoid face-to-face interactions during transactions.

Here’s how to use Lysted to resell your concert tickets:

Price Your Tickets

 

When pricing your concert tickets for resale, review their original price to establish a baseline and gauge their value. Highly sought-after events, such as concerts by popular artists or sold-out shows, can justify higher resale prices. Seats closer to the stage or with a central view may also be sold for more.

Ticket demand can fluctuate as the event date approaches. Prices might increase as fans make last-minute decisions to attend or decrease if there are many tickets available on the market. If you have multiple tickets, consider offering a discount for buyers purchasing more than one ticket. This can be appealing to groups attending the concert together. To make the process easier, Lysted provides historical data and state-of-the-art pricing tools. These features help you stay updated on market conditions and maximize your earnings.

List Your Tickets Online

 

Once you've determined a competitive price, list your tickets online using the Lysted platform. Include relevant details such as the date, time, and location of the event, and specify the number and type of tickets you have, whether general admission or VIP. Be sure to outline the exact location of the seats and any additional benefits like early entry or parking passes.

Lysted maximizes your reach by showcasing your concert tickets on websites like Vivid Seats, Ticket Evolution, TickPick, and more. We distribute your listings across these popular ticket resale platforms, reaching a diverse audience of potential buyers. This wide reach can reduce the time it takes to sell your tickets compared to listing on a single platform. To enhance your ticket resale experience on Lysted, ensure you enter the ticketing information correctly. If you have previously listed your tickets on other resale websites, be sure to delete those listings before getting started with Lysted.

Verify the Sale

 

After your concert tickets sell, Lysted will instantly remove them from all other sites to prevent double sales. You will receive a confirmation email with the transaction details, which you should keep for your records. Lysted uses a secure payment provider to ensure safe transactions for both you and the buyer. If an event is canceled or postponed, our support team will help you find a suitable solution, whether that involves a refund or rescheduling the concert.

Deliver the Tickets

 

When delivering digital tickets, you can send them to the buyer using Lysted's fulfillment tab or transfer them directly from a mobile ticketing app. The fulfillment tab allows you to upload the tickets as a downloadable file and send them securely from our platform, providing instant proof of delivery. For mobile ticket transfers, you will need to upload your own evidence of the completed transfer, such as a screenshot of the transfer details.

Physical tickets should be shipped using a trackable shipping label supplied by Lysted. This step helps keep track of your tickets and allows us to confirm final delivery to the buyer. To complete the sale without any issues, fulfill all concert ticket orders on time and exactly as ordered. This includes sending tickets that match the requested event date, venue, and seat assignment.

Get Paid

 

With Lysted, there is a minimal wait time involved before you receive payment for your transaction. You will be paid approximately two weeks after delivering your tickets to the buyer. For your convenience, this payment is deposited directly into your bank account using a secure third-party payment provider.

Upgrade Your Process

 

The Lysted platform is user-friendly and allows you to customize your level of involvement and control when selling tickets. You can opt to manage your inventory manually or let our proprietary technology handle it for you. For a more streamlined experience, take advantage of our automation options.

These features automate pricing, listing, and ticket delivery processes, reducing the time spent on each listing, particularly useful when selling in bulk. Upgrading to our VIP treatment allows you to efficiently resell concert tickets while maintaining competitiveness and preventing underpricing.

Resell Concert Tickets With Lysted

 

Selling your tickets with Lysted is straightforward and secure. It enables you to reach a large audience of potential buyers and saves you time by automatically adding your listing to multiple marketplaces. Sell with us today to receive competitive pricing information, earn timely payments, and streamline your ticket reselling experience.