Step-by-Step Process for Concert Ticket Resales
When you are unable to attend a concert or have extra tickets, selling them online lets you recoup the purchase cost. With Lysted, you can simultaneously list your tickets on over two thousand ticket websites, maximizing visibility. Our pricing tools also enable you to set a fair price for each ticket, giving you the opportunity to make a profit. Here's the step-by-step process to resell concert tickets online:
1. Create an Account
When creating a free account on Lysted, we collect some personal information, including:
• Name
• Address
• Birthday
• Contact information
• Payment information
This enables us to contact you if our policies change, issue Form 1099 for tax purposes, and distribute payments. All Lysted accounts are secured with multi-factor authentication to protect your personal information.
2. List Tickets
Resell concert tickets by creating a unique listing for each ticket you want to resell. Listings must include event dates and times, venue locations, seating assignments, and required disclosures. Accurate information reduces the likelihood of canceled sales and penalty fees for misinformation. Listings also determine the number of tickets a single buyer may purchase. We recommend selecting the "split" default, which prevents sellers from being left with a single ticket. A listing for five tickets could be sold to two buyers in sets of two and three.
With Lysted, you can create many listings simultaneously. If you have tickets applicable for multiple events, such as a music festival, a single listing may be posted to more than one event date. A single listing can also be posted to various ticket-selling websites. When a ticket sells on one platform, we immediately remove all listings to avoid double sales.
3. Price Tickets
Sellers may manually set the price of their tickets or use Uptick, our industry-leading pricing tool. This feature uses marketing insights, such as performer popularity and ticket availability, to suggest a fair price. Our platform can also automatically price your tickets, helping you maximize your profits. Ticket prices may be adjusted at any time while the listing is active.
4. Fulfill Orders
When tickets are sold, fulfill orders automatically or manually. Automatic fulfillment transfers your tickets to the buyer upon purchase. Your account dashboard's sales and fulfillment pages allow you to track and record successful transfers.
For manual fulfillment, you must transfer tickets to buyers by the posted in-hand date to make sure tickets can be accessed for the event. E-tickets or mobile tickets may be attached to orders as downloadable PDFs or transferred directly from your ticket account to the buyer's. After tickets are transferred, you must provide Lysted with proof of transfer. This is a screenshot of the transfer confirmation email that includes the buyer's email address. Without proof of transfer, we cannot verify that the sale has been fulfilled and process your payment.
5. Receive Payment
Payment for ticket sales is determined by factors like transaction volume, how long you have been selling through Lysted, and the order fault rate. We offer two payment structures:
• Pay After Event: All new sellers are paid 10 days after the event date. This allows Lysted to make sure all delivered tickets are valid and gives us time to investigate any claims, such as missing disclosures or improperly labeled seating.
• Pay on Delivery: Long-term sellers with successful transactions are given preferred payment. Sellers are paid about two weeks after tickets are delivered, even if the event is several months away.
All payments are processed through Hyperwallet, a secure payment platform. Funds are deposited directly into your bank account to make sure payments are delivered on time and without hassle.
Resell Concert Tickets Today
With Lysted, it's quick and easy to resell concert tickets online. Our all-in-one platform allows you to price, list, and sell tickets across multiple platforms, maximizing visibility and profits. We also provide our users with industry-leading support, offering a detailed knowledge base and chat support. List your tickets with us today.
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