With a high demand for tickets to a concert, the price usually rises. However, you can still get a good deal if you buy your tickets during a pre-sale. Also, there are other ways to get cheap concert tickets, such as resale sites. These can save you a lot of money, but you have to know how to time your purchase right to take advantage of the resale market.<\/p>\n
Consumer demand for concert tickets is driving up prices. According to Billboard, ticket prices have risen by nearly 20% in North America in the last two years, outpacing inflation numbers. The rise in prices has prompted concert companies to increase prices, citing a variety of factors, including rising costs for the artists, roadies, trucks, gas, and other materials. Additionally, concert producers are changing the way they split profits between artists and venues. Previously, 85% of the profits would go to the artists, but the concert industry is now trying to find other sources of income.<\/p>\n
One explanation is that concert production costs are rising as artists ramp up production costs. Ticket prices are rising because musicians and promoters need to cover increasing expenses for gas, personnel, and pyrotechnics. Meanwhile, fans are trying to adjust to the new norm. Professor Josh Greenberg at Carlton University believes consumers are rethinking their behavior. Instead of buying tickets to a big-name concert, they choose smaller shows with cheaper tickets.<\/p>\n
Ticketmaster is the middleman between artists and fans. They set the prices of tickets for each section and add fees for the use of their platform. In response to this phenomenon, promoters have increasingly used “platinum” pricing systems, which effectively boost the prices of desired seats in a venue.<\/p>\n
When it comes to buying concert tickets, fans are generally eager to purchase them as soon as possible. It’s only natural to want to see your favorite band or artist the first time they go on sale. While that’s certainly the best moment to buy tickets, it’s also not the cheapest. You can find better prices by buying tickets closer to the date.<\/p>\n
The main reason why presale tickets are cheaper than regular tickets closer to the event is that the supply is much smaller. Presale tickets are also sold in limited numbers and can be resold later at a higher price. Because there are so few tickets available, people often want to buy as many tickets as possible before the event sells out. This can increase the price, but fans who are eager to attend the event will likely be willing to pay a higher price.<\/p>\n
In addition to being cheaper, presale concert tickets are better than general-access tickets. This is because ardent fans and scalpers will buy the best seats. Bad seating can ruin the experience of even the best event. Unfortunately, presale tickets are not cheaper than general-access seating, but it’s still worth it to get the best seats.<\/p>\n