The economy is full of ups and downs, and we may never know the exact way how a market moves. New business venturers will often be on the fence if they want to proceed with their chosen paths in life because of shaky markets. Perhaps you’re still holding onto your 9 to 5 job because you’re still unsure if the title of “business owner” would fit the bill in your case.
With that in mind, perhaps ticket scalping or ticket reselling might be your cup of tea. While there are individuals that do this full-time, you can still do it while keeping your 8-hour-per-day job. If you want to try becoming a part-time ticket broker, then here are some tips to help you get started in this business venture.
Start by Getting Familiar With the Product
Just like with any business venture, you need to know what you’re selling. If someone asks you, “Do you have tickets for this concert?” Don’t reply with something like, “Why not take a look at our stocks?” You’d want to make your customers’ experience to be as smooth as possible. Telling your prospects to look for their tickets themselves is just asking for a lot of trouble. It also means that you only care about their money. This scenario will, in turn, give you the least possible potential of growth. As such, you should create a system wherein you’ll know what tickets you purchase, their seat placements, and the dates for the events.
Don’t Just Do It For the Profit
Yes, ticket scalping is mostly about the money and the profit, but that’s not all there is to it. Don’t become a business mercenary as if you’d only care about taking money from your customers and nothing else. You should love what you’re doing; many business owners started out their ventures because they love what they do from the start. For example, if you love toys, then you can turn your hobby into a business. Hence, if you love going to concerts or sporting events, then ticket reselling might be the ticket (no pun intended) to your success.
Don’t Expect to Get All the Love
Since you’re not operating as part of the official ticketing crowd, expect a lot of hagglers trying to lowball you. These individuals are the people that you should watch out for because they’re going to try and get your ticket prices as low as possible. Don’t be afraid to say “No.” If some people are trying to lowball you, then search for others that’ll give you a legit transaction.
Operate Under the Law
One of the good things about ticket scalping is that there are no federal laws governing it. However, you still need to find out what’s at play in your location, and we’re not talking about concerts. For instance, New York has the scalping permission lapse that was first issued back in June 2010.
Now, note that this list is by no means very extensive, but it’ll give you a good idea on how to start becoming a part-time ticket scalper. If you need more information on how to become a part-time or full-time ticket broker, then head on to https://ticketflipping.com/.