When selling concert tickets, pricing is determined by a variety of factors. These include the artist's popularity, when and where the concert is located, and the time of the concert. Setting a fair but competitive price will help make sure you sell your tickets in a timely manner. Here are some tips on how to sell concert tickets at the right price with Lysted:
Utilize Pricing Tools
One benefit of using Lysted to sell your concert tickets is automatic pricing tools. If you set prices manually, you may mark them too high or too low, preventing you from selling your tickets or making a profit. Automatic pricing tools from Lysted analyze market trends, such as similar ticket sales, venue, and artist, to make sure you don't set your price too low. Using Lysted, you can list tickets on several different platforms simultaneously. This makes your tickets more visible to more customers, so it's helpful to have them priced correctly to be more attractive to potential buyers.
Another feature of automated pricing tools is our dynamic pricing. Because the demand and availability of concert tickets may change, ticket prices also fluctuate. Lysted's automated technology analyzes current market conditions and other similar ticket sales to update and potentially increase your ticket prices in real time.
Factor in Ticket Benefits
When determining how to sell concert tickets, understand what benefits might come with your ticket. Some ticket benefits to list may include:
• VIP
• Meet and greet package
• Priority parking
• Food and beverage package
If your concert tickets have added benefits, you can charge more. These benefits further improve the concert experience and give the ticket holder special privileges. When listing these tickets, make sure to include all inclusions in the descriptions so potential buyers understand what they are purchasing.
Understand Ticket Demand
When tickets are in high demand, prices typically increase. Depending on the event venue, limited seating may also increase demand. Typically, the fewer available seats, the higher the demand. You can price your tickets accordingly. Potential buyers might also be more likely to purchase tickets if the concert date is approaching because they fear missing out.
Other factors that may drive ticket demand include whether the concert takes place at a special or unique venue, the artist's star power, the nature of the show (such as a reunion tour), and the time of week and season. For example, a concert on a weekend will likely be in higher demand than a concert on a weeknight.
Concert Popularity
Different types of concerts require different types of pricing. Arena shows have many seats but may sell out quickly due to the artist's popularity. Smaller venue shows have limited seating. Before pricing your tickets, determine the demand for the artist and the venue in which they are performing.
Learn How to Sell Concert Tickets
Understanding the value of your tickets allows you to price them fairly and profitably on hundreds of online platforms. Lysted can analyze your tickets, determine pricing, and make them viewable worldwide for thousands of potential buyers. By understanding factors like performer popularity, venue location, and ticket benefits, you can price your tickets reasonably, netting you a profit as well.
Contact Lysted today to begin selling your concert tickets.
2min
Mar 4, 2025
