GA TIX Staff | June 25, 2024 Tags: Fair Ticket Pricing
Ticket scalping has become a significant issue in the world of live events. When fans resort to major ticket resale sites and pay the inflated prices set by scalpers, it only encourages these individuals to continue their practices. Scalpers see that they can buy up more of the ticket supply and charge even higher prices next time. This vicious cycle impacts fans, artists, and the entire live events industry.
The reality is that nearly 90% of ticket sales on major reseller sites like StubHub, VividSeats, SeatGeek, TickPick, and Ticketmaster are dominated by scalpers. These scalpers are highly organized, buying up an average of 40% of the available tickets during presale events. They do this solely for the purpose of listing these tickets for resale at markups ranging from 50% to a staggering 400%.
Every time you buy a ticket from a scalper, you contribute to the problem. By purchasing from them, you incentivize scalpers to continue buying up more of the ticket supply, which drives prices even higher for future events. This practice gouges fans out of over $13 billion in inflated prices each year. The problem is not only persistent but also growing, affecting more and more fans as time goes on.
Fans can avoid supporting scalpers by using platforms like GA TIX. GA TIX is dedicated to providing a fair marketplace where fans can buy and sell tickets at face value, avoiding the inflated prices set by scalpers. GA TIX also offers the lowest platform fees, ensuring that both buyers and sellers get the best deal possible. By choosing GA TIX, fans can contribute to a more equitable ticketing system and help keep the joy of live events accessible to everyone. Visit www.gatix.us to buy or sell your tickets and help us fight back against scalpers.
Ticket scalping is a significant and growing problem that impacts the entire live events industry. Fans who buy from scalpers are inadvertently encouraging these practices, leading to higher ticket prices and reduced availability. However, by using platforms like GA TIX, fans can avoid supporting scalpers and help create a fairer and more accessible market for everyone who loves live events. Let's work together to keep the excitement of live events within reach for all.