Ticket Re-Selling

10% ROI in a year.

100% in 2 months..

Lads c'mon

>>1652049
Anon. You know full well /biz/ doesn't like anything that involves fronting capital and lacks the social connections to actual sell. They're a bunch of cheapskate NEETs

Having said that, you do sound like you're onto something. The real question is, where do you sell? Or more importantly how/where do you advertise? Each concert will be different, so getting the word out there that you've got a few tickets going requires a lot of adapting and maneuvering.

Doing a scummy thing like that is below me.

Id rather be poor desu.

Let actual fans pay the fair price. You're note making money by adding value top society, you're just pissing people off.

>>1651999
Have better ways to make money legally. No thanks.

Plus.
>having to deal with millenials all day

>>1651999
A lot of guys sell a lot of fake tickets, most people have tickets walking up, people automate the buying and reselling of tickets online.

>>1651999
This is a solid idea, but the issue is getting the tickets. Assuming you're only going for big name concerts that are guaranteed to sell out than you're best bet is to sell tickets on stubhub. The only problem is getting the tickets is a challenge as they sell out immediately. There are presales available if you're a meet certain criteria; you're part of the fan club, Amex card holder, sirius subscriber, shit like that. Aside from that you have to compete with ticket buying bots- look them up if you're going to go all in.
Another issue is you are most likely going to have to wait four to five months for a return once you buy the tickets.
If you really want to do the whole buy and resell for a crazy markup you should look into sneakers. Nike, supreme, yeezy, bape all will usually sell for a 50 percent markup and the turn around time is under a week. But they sell out in under 5 seconds and you have to compete with bots again.
All things considered it is not a bad idea,but it's not as easy to break into as it may seem.

I did this for a year and posted my results on /biz/. After all was said and done, and counting my rewards points for buying everything on my credit card, I made about 7% return.

The issue is that you can't be entirely sure which shows will sell out. So just like trading, you'll miss. The other factors that lock you out on a small scale is how much stubhub charges on your sale.
You could try to resell on facebook and craigslist, but then you are spending hours a day haggling over $15. That is stressful.

It is great if you can do it in scale, which usually involves season tickets to a sports team and then the presale bonuses to that arena.

If you are interested in this type of thing, my trade history is below. This is how I kept track of all of my tickets throughout the year.

I basically spent $14,000 and made back about $15,000 if I include the shows I went to.

https://docs.google.com/spreadsheets/d/1fpBjAsJfYrfpVA3m498KQP74nAZ5CQDGrCEoqcOPF1Q/edit?usp=sharing

>>1652489
They're not paying for the tickets they're paying for the convenience of a late purchase