Maximize Your Ticket Resale Profits: 4 Essential Tips for Selecting the Right Events
1. Follow Market Trends and Popularity
Research Buzz: Use tools like Google Trends, Spotify streams, social media mentions, and YouTube views to gauge interest in an artist, team, or event.
Track Sellouts: Focus on events that frequently sell out—concert tours, championship games, and exclusive theater productions often drive strong resale demand.
2. Prioritize High-Demand Categories
Big Names and Loyal Fanbases: Target top-tier artists, major league sports teams, and beloved shows with consistent sellout histories.
Unique or Limited Events: Farewell tours, reunions, and championship games tend to command premium prices due to their rarity.
3. Analyze Historical Data
Look at similar past events to predict demand:
Did the artist or team sell out quickly?
Were resale prices significantly above face value?
4. Pay Attention to Timing and Location
Timing: Events around holidays, weekends, and special dates (e.g., Valentine’s Day concerts) tend to see higher demand.
Location: Major cities and smaller, limited-capacity venues often drive resale prices higher due to ticket scarcity.
By combining these tips with diligent research and real-time market monitoring, you can consistently select events that deliver maximum profitability for your resale business.
When you network with other ticket resellers, you can exchange presale codes, tips, tricks, and more so that each of you can succeed.
