Why are ticket fees so high on Ticketmaster?
Originally Answered: Why are Ticketmaster fees so high? Ticketmaster's clients are actually not the end customers who buy the tickets, but the venues, artists, and promoters that Ticketmaster (now Live Nation Entertainment) has long-term contracts with. And actually more than 50% of the fee goes back to this client.
How does it work? On the Ticketmaster page for Harry Styles's tour, a notice explains: "These tickets vary in price driven by demand from fans, similar to airline tickets and hotel rooms. "We give fans an opportunity to safely buy official tickets for the events they love, right up to the date of the show."
Just make sure to buy tickets from verified, third-party sites like StubHub, SeatGeek and Vivid Seats. You'll still pay fees but they're generally cheaper than Ticketmaster's bevy of charges. You can also try aggregator sites, like Ticketwood, which scans the web for the best deals from several resale sites at once.
High Demand In Spite Of Prices
Resellers, the push for live entertainment after the peak of COVID, and the general high demand for concert tickets allow for them to be sold for hire prices. When demand goes up, prices go up so that seats can still get filled appropriately.
The Hustle surveyed 606 people about their experiences with Ticketmaster; 601 (99.2%) said they believed its fees were too high. When we analyzed fees on 40 tickets to recent concerts, including the Eras Tour, the average fees took up ~28% of a ticket's face value.
In almost all cases, Ticketmaster adds a service fee (also known as a convenience charge) to the face value price, or in the case of a resale ticket to the listing price, of each ticket. The service fee varies by event based on our agreement with each individual client.
The face value of a standard ticket is set by the venue, team or event promoter, according to the seller's website. However, Ticketmaster also uses “dynamic pricing,” which ultimately means they can change the price of the ticket based on demand.
Oct 21, 2022•Article. Introducing Ticketmaster's Face Value Ticket Exchange, an artist-driven marketplace where fans can sell their tickets to other fans at face value. Ticketmaster's Face Value Ticket Exchange is free to use for buyers and sellers. It's simple, secure and fair for every fan.
Timing plays an important part. Specifically, plane tickets usually don't get cheaper closer to the departure date. Instead, flights tend to be the most inexpensive when you book between four months and three weeks before your departure date. According to CheapAir.com, you can expect rates to go up after that period.
Generally speaking, flights are often cheaper last minute if there are still a significant number of seats available. On the other hand, if the flight is almost full then this will most likely result in inflated prices.
Do tickets get cheaper the same day?
In general, same-day flights are cheaper than booking in advance, but it isn't always the case. Sometimes, booking a flight six months in advance might seem like a good idea.
Surprisingly, there is very little evidence that online travel sites are raising prices the more that you search for a specific trip. In fact, they tend to show lower prices to logged-in users.
Airlines go to great lengths to create a profit of each seat and maximize each flight. Each airline possesses a sophisticated strategy known as “yield management” which aids them in charging completely different fares to different passengers for the identical seat.
The ticket buyers assume the high prices they're seeing are official because they think they've arrived at the venue's box office. Then brokers fulfill their speculative sales by buying directly from venues like Grantham's at cost – often not until a consumer has already purchased the tickets at a premium.
An unfortunate result of the coronavirus pandemic was the canceling of live events.
Refunds, Credits, and Exchanges. All sales are final and refunds are only allowed in limited circumstances, as explained in this section and the Canceled, Postponed, Rescheduled and Moved Events section above. Before purchasing tickets, carefully review your event and seat selection.
Ticketmaster is a well-known and reputable source for almost all ticketed events. As a primary ticket broker, Ticketmaster has initial access to tickets directly from the venue. This exclusive initial access to concert tickets is one of its best features, but it comes with some unique issues.
Unlike Ticketmaster, which sells tickets directly to consumers, StubHub is more of a ticket marketplace where individuals can list tickets they have available for sale. You might, for example, use StubHub if you bought tickets to an event and then a conflict arises that renders you unable to attend.
Ticketmaster is great for those who purchased their tickets through their platform, and who want an easier time selecting the tickets they want to sell. StubHub, on the other hand, is the better option for selling tickets purchased from any platform, and it will allow sellers more flexibility with selling prices.
You can cancel and relist your listing for a different price at any time before your tickets sell by logging into the 'My Account' section of the website, but you can't remove a listing after the tickets have sold.
Can you trust buying resale tickets on Ticketmaster?
Other sites may offer a money back guarantee or “comparable” seats if something goes wrong. But with Ticketmaster, tickets transferred or resold to you are 100% Verified and reissued to you, so they can't be counterfeited.
Purchased tickets through Ticketmaster are non-refundable. This also applies when you have chosen Klarna as payment method. If the event is cancelled, the ticket is refunded according to the promoter's guidelines and within 60 days after the date of the event. The service charge is not refundable.
Purchased tickets are as a general rule not refunded. Tickets can only be refunded in the event of a cancellation.
Refunds. If your event is eligible for refunds and funds have been received from the Event Organizer, we will issue a refund of the ticket price you paid (or, for a discounted ticket, then instead the discounted ticket price paid), any service fees, and any additional add-ons or upgrades (such as parking).
Inquiries must be made via email or by phone. However, we have done the hard work of asking about their rates for you. To sell mobile tickets with Ticketmaster, sellers (you) pay 15% of the ticket's face value.
