Is the Ticketing Industry Taking Advantage?
Within everyone’s budget, there is a place for entertainment and usually the first place we go is Ticket Master to get the latest tickets for shows, sports and other fun things. Thats the good news, there’s something fun to do. The bad news is that Ticket Master is a borderline monopoly (anti-trust) and is completely pillaging our wallets with complete disregard. Smart Money has an indepth article about all of this but we wanted to show you the most important. and relevant notes about how to go about getting the best for your money (as well as things to watch out for):
- Your confusion is their benefit. Go to the box-office, then try the biggest web reseller, then the second largest, Stub Hub, and then if that doesn’t work try Onlineseats.com. What an awful experience because as you move further and further away from the tickets themselves you pay more and more in charges. Buy a $10 baseball ticket and that puppy will come out to close $30 bucks. Stick with the box office.
- What about Broadway? Theater tickets are a strange bird on their own due to the fact that they range from a few hundred seats to a couple thousand. Far less than an NFL or hockey game. This attributes to the sensitivity that is seen when a large number of tickets are snapped up to be resold. Again, you are better off looking for a box office or try Broadwaytickets.com. If you don’t mind waiting in line, there are TKTS discount booths in New York.
- Sold out? Probably not. The more this idea is floated around the more people are willing to pay more. Regardless of what you read online, check with the source of the venue, and check back when outstanding tickets might come up for sale.
- Careful of scammers. This is their bread and butter, they have something you want and are using tried and true methods to separate you and your money. Use a secure platform at least (PayPal might be one) and protect yourself.
- Be ready. Scarf tickets as fast as you can from a known reputable vendor. Do the research ahead of time so you know that you are protected and that you aren’t going to get taken. And always be on the look out for counterfeit.
Milk Your Money is going to have exciting news in the coming days, be sure to stay tuned!
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