Micheal Jackson Concert O2 getting tickets..

Micheal Jackson Concert O2 getting tickets..

Author
Discussion

samwilliams

836 posts

257 months

Monday 16th March 2009
quotequote all
topless_mx5 said:
JustinP1 said:
Fizz, you played the game right.

The hype of people not being able to get tickets by normal means pushes the price up to hysteria.

When the hype cools off, so does the price, although depending on the demand at the last minute - the last couple of days the price either skyrockets or plummets.


What people don't realise is that although Ticketmaster show they have sold out, that does not mean all the seats have been sold. They only sell a limited number of the floor and lower tier seats straight off, and because of this the demand makes people go for the upper tier, as that is their only option.

The rest of the 'good' seats are sold in blocks to dealers in advance to advertise with a usually big margin on top. However, in the last few days as the dealers realise these seats won't be sold at the high price, Ticketmaster get the tickets back and they go back on the Ticketmaster site with a couple of days to go.
So you're saying that Ticketmaster sells large amounts of tickets directly to touts who sell them on at a higher price?
I'm fairly sure I saw an article where a spokesman for the venue openly admitted this, although they obviously didn't describe them as "touts".

edited to add link http://entertainment.timesonline.co.uk/tol/arts_an...

Edited by samwilliams on Monday 16th March 22:49

topless_mx5

2,763 posts

219 months

Tuesday 17th March 2009
quotequote all
samwilliams said:
topless_mx5 said:
JustinP1 said:
Fizz, you played the game right.

The hype of people not being able to get tickets by normal means pushes the price up to hysteria.

When the hype cools off, so does the price, although depending on the demand at the last minute - the last couple of days the price either skyrockets or plummets.


What people don't realise is that although Ticketmaster show they have sold out, that does not mean all the seats have been sold. They only sell a limited number of the floor and lower tier seats straight off, and because of this the demand makes people go for the upper tier, as that is their only option.

The rest of the 'good' seats are sold in blocks to dealers in advance to advertise with a usually big margin on top. However, in the last few days as the dealers realise these seats won't be sold at the high price, Ticketmaster get the tickets back and they go back on the Ticketmaster site with a couple of days to go.
So you're saying that Ticketmaster sells large amounts of tickets directly to touts who sell them on at a higher price?
I'm fairly sure I saw an article where a spokesman for the venue openly admitted this, although they obviously didn't describe them as "touts".

edited to add link http://entertainment.timesonline.co.uk/tol/arts_an...

Edited by samwilliams on Monday 16th March 22:49
Wow didnt know that. Thanks for enlightening me smile

5pen

1,891 posts

207 months