Whenever a new event is announced, the producers of that event try to sell it out as soon as possible to cover the basic expenses. Broker buys tickets for these events to resell them later at higher prices which make it difficult for fans to grab tickets for their favorite events at face value.
Producers of events have no objections on this as they are able to sell their events instantly with out any difficulty. But die-hard fans always suffer and complain about high seating prices. There are many web platforms where broker sells these tickets for more than the face value.
Online Secondary Ticket Market
Online secondary ticket market is a multibillion dollar industry which makes a lot easier for brokers to sell their tickets.
Now let's discuss pros and cons of secondary market to make a concrete conclusion.
Pros Of Online Secondary Ticket Market
Fans can buy tickets for highly demanded events.
Suppose you want to buy a ticket for an event at face value. There are total 20,000 seats are available and about 100,000 people are interested in that event. So, only 20,000 people can get tickets and remaining 80,000 fans will be disappointed.
Fans Can Buy Seats Instantly
Fans can buy tickets instantly; even on the event day broker can deliver them directly at venues.
Cons Of Online Secondary Ticket Market
High Ticket Prices
Prices are normally higher than the face value.
Bottom Line:
At secondary market tickets prices are high but it gives you an opportunity to buy hard to find tickets.