Monday, July 18, 2011

Cheap Concert Tickets: How and Why You Can Find Them on Classified Websites

If you are looking for cheap concert tickets for sale, you may turn to your local classified website or an online marketplace, such as eBay. These websites are known for their great prices on a wide range of items, including event tickets.

While there has been focus on ticket scams in recent years, there are legitimate reasons why concert tickets end up on classified websites. There are also legitimate reasons why these tickets are priced below face value.

Why Tickets Are Sold For Cheap Online: Change of Plans

Most often, the cheap tickets sold for popular events are easy to find at the last minute. This is the time when most ticket holders realize they can no long attend the event. Let's take the example of an all-day concert. If you cannot get the day off from work, do you simply trash the ticket and lose your $150? No! Let's also say that the event still has tickets for sale. You need to entice buyers to purchase your tickets instead. You do so by offering a reduced price. So the tickets in question are listed for $100 instead.

At the last minute, a $50 financial loss is better than a $150 loss. In most cases, the only case in which you should see high priced tickets is if the event is sold out.

Why Tickets are Sold For Cheap Online: Not Profitable Resells

There are many individuals who make money buying and reselling items for a profit. One of the many items bought and resold include tickets. Although most "professionals" or "experts" focus on popular concerts that are regularly sold out, a few amateurs make mistakes. They purchase too many tickets to resell for an event that doesn't sell as well as they thought.

Once again, it is all about the losses. If a reseller is holding 10 tickets for a $50 concert that is $500 they stand to lose. A little hit is less than a total loss. In the days leading up to a concert, many resellers realize "I better discount these tickets or else."

How to Find Cheap Tickets for Sale Online

Now that you know the benefits of searching for cheap tickets online, here are some helpful search tips to ensure the best results.

• Use a search tool that enables you to search multiple classified sites and online marketplaces at once. By searching more location at once, you save time. You also get more results, which means a better chance of finding discount tickets.

• Keep an eye on location. Search for tickets near the venue location. If you get to select a radius, choose a large radius. Some sellers will post an ad under the city of the venue, but others will post an ad under their local city; the two may not always be the same.

• Avoid setting a price range. Traditionally, price ranges are key to getting a good deal on a classified website. They can also backfire. A reseller can advertise 10 tickets for $500 total, but they may be willing to sell you 2 tickets for $100 each. The initial price of $500 for 10 tickets can skew your results.

• Be cautious when buying tickets for sale online. As a reminder, there are scammers who take advantage of those trying to find cheap tickets or tickets to sold-out shows. Be aware this does happen. Try to meet the seller in person. Review the information on the ticket to ensure it is a real, legitimate ticket.

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