Sell Tickets - Business Ideas

Updated: September 15th, 2022
A Sell Tickets

Please note that the data provided in this article are estimates and may vary depending on various factors, and should not be considered as perfect or definitive.

The ticketing business involves the sale of tickets for events, such as concerts, sporting events, and theater productions. The business typically involves purchasing tickets from the event organizer or ticketing company and reselling them to the public at a markup.

To run a successful ticketing business, it is essential to have a reliable source of tickets, a strong marketing strategy, and a clear understanding of the demand for the events you sell tickets for. It is also essential to have a system for tracking ticket sales and handling customer inquiries.

One essential tip for success in the ticketing business is to offer a wide range of ticket options, including VIP packages and seating options, to appeal to different types of customers. It is also essential to stay up to date on industry trends and to be flexible to adapt to changes in the market.

Finally, building solid relationships with event organizers and ticketing companies can be crucial for securing a steady supply of tickets and for negotiating favorable terms for your business. By focusing on customer satisfaction and building a reputation as a reliable and trustworthy ticket seller, you can establish a successful ticketing business that thrives in the competitive entertainment industry.

Ing a Sell tickets requires a great deal of effort, dedication, and most importantly passion.

If you're interested in how to sell ticket selling, or selling ticket selling online, you can use this page as a guide for everything you'll need to know.

Key Stats

market size
$57.6B
starting costs
$13.7K
gross margin
40%
time to build
210 days

Startup Costs

Min Startup Costs Max Startup Costs

Office Space Expenses

$0

$7,000

Inventory Expenses

$350

$14,750

Software Expenses

$150

$2,794

Website Costs

$13

$215

Advertising & Marketing Costs

$0

$2,450

Total Startup Costs

$513

$27,209

Successful Businesses

Business URL Rank

AmTrak

amtrak.com

13,669

Freedom Ticket - Amazon FBA Course

freedomticket.com

19,019

Vivid Seats

vividseats.com

35,798

Ticket Tailor

tickettailor.com

53,977

TicketSpice

ticketspice.com

57,233

Vendini

vendini.com

63,694

viagogo.com

viagogo.com

92,327

TicketNews

ticketnews.com

104,167

Buy Concert, Theater and Sports Tickets

ticketsonsale.com

163,468

TheTicketingBusiness News

theticketingbusiness.com

237,222

FooEvents for WooCommerce

fooevents.com

278,146

Pros & Cons

Pros Description

Flexibility

You can put as much time into the business as you'd like. If you like the work and have some initial experience, you can start small and manage all aspects of the business on your own.

Ability to start your business from home

It's not necessary to have a physical storefront or office space to get your business started. You can do everything from the comfort of your own home, at least in the beginning!

Little startup costs required

The cost to start a Sell tickets costs significantly less money than most businesses, ranging anywhere from 12 to 27,209.

Rewarding work

Starting a Sell tickets can be really rewarding work. After all, you are solving an immediate issue for your customer and you're working on something you truly care about.

Scalable

With businesses and processes changing daily, there will always be demand for new features, products and services for your business. Additionally, there are several different business models and pricing tiers you can implement that will allow you to reach all types of customers.

Traffic to your website

A Sell tickets gives people a reason to visit your website and to keep coming back to you!

Cons Description

Crowded Space

Competition is high when it comes to your Sell tickets, so it's important that you spend a good amount of time analyzing the market and understanding where the demand lies.

Finding The Right Supplier

Most businesses in this space go the supplier/manufacturer route, which isn't a bad thing! However, finding the right supplier can take a lot of time, energy and trial/error. If done properly, this process can save you months (if not years) of time and energy. More on this below in the "finding a supplier" section.

Security Issues

With any Saas business, data loss and security issues may arise throughout your process of building your product. It's critical that you understand exactly what you're responsible for and how to avoid potential issues down the road.

Lack of benefits

With a Sell tickets, you are typically self-employed and responsible for finding your own insurance, which can be quite costly and time-consuming.

Isolation

Often times, as a Sell tickets, you typically work alone and do not have much face-to-face interaction with other team members.

Taxes

As a Sell tickets, you typically pay self-employment taxes which can be quite high. It's important to understand what you will be paying in taxes each year so you can determine if the work you're taking on is worth it.