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by shmatt 1307 days ago
In short: the anger over what happened yesterday is overblown. If a commodity is sellable, people will sell it. The ONLY option here is to make tickets non-transferable, full ID check to verify the name on ID is the name on the ticket

Point 1: Let her sell it on a different website.

Yesterday, Ticketmaster said millions, but it was probably more than 10 million people, logged in to try to buy hundreds of thousands of products. Each product has inventory=1, and you're not allowed to double sell a product. Try pushing this to any other website and it would crash for days.

This used to happen when sneaker reselling was at its peak. People would get angry at the terrible way Adidas or Nike would sell a sneaker, but when the same shoe was sold on a small website owned by some small store in Paris, the website would completely shut down until the owners could convince people via social media that the shoe will not be sold online, ever. Everyone loses. This problem was later solved by all stores either moving to Shopify, who has its own ticketmaster-like system, or just not selling popular sneakers online. Another thing that can happen is a seat could be sold to 100 people, then 99 get cancellations later. Would that make people happier?

Point 2: Bot protection. It's hard. I've worked on reseller/bot protection, you either go too light, and let bots in, or go too strong, and block non-bots. Especially when millions are hitting the website at once, and every seat can be sold once.

Point 3: It's not all professional resellers.

Someone can be a huge Swift fan, but if they see people spending thousands, or tens of thousands on StubHub, and it can pay for rent or half a new car, they'll sell it, even though they're not professional resellers. As long as Swift didn't block transferring tickets, and some rich people are willing to spend thousands, this will happen 100% of the time.

Ticketmaster, to try to fix this, has also attempted to sell the tickets themselves for resell prices, cutting out the middle man. But then people get mad at them. As long as the rich people are willing to pay, either Ticketmaster or resellers will charge them the high price

When you buy a ticket on stub hub, you see the buyers original name. Some times itll be some LLC, but most times its just some regular shmoe looking to make a buck

Are you looking to disrupt fees on a concert that never sold out? Sure, someone could do that, thats mostly politics internal to the entertainment world. Are you trying to sell out 20 stadiums at the same minute? It's either raffle, or queue, and not allowing anyone not on the paying credit card to enter concert

4 comments

I worked in the industry for a while and I agree with your points. I would add though that Ticketmaster is incredibly entrenched because Live Nation (parent company) is also a promoter and also owns many venues or has exclusive contracts with venues and they also have contracts with artists specifying that they will tour to venues affiliated with LN. Vertical integration.
Not true on StubHub. No information on original purchaser. Also effectively not transferable as you can’t print the ticket. Must use mobile device, not optionally use.

Stubhub prices appear to be significantly lower, but I had to call them to figure out how to retrieve my tickets, the UI is so confusing. Selling was a breeze though.

> the anger over what happened yesterday is overblown

Much of the anger is about Ticketmaster’s terrible website, which made it impossible for fans to reliably buy tickets even when they spent the whole day hitting refresh. There can be no excuse for that.

You mean there is never any good reason or excuse excuse you’ll accept for any website to crumble under the pressure of nearly 15 million people clicking add to cart, or checkout at the exact same instant?

People clicking refresh the whole day to get tickets? Let’s be real here unless you were in queue before the tickets even went on sale, the chances of getting a ticket were nearly zero.

ID verification + limited transfers + pre-election via lottery?
My thought too- charging higher prices in the first place & passing the same % on to the venue would allow you to offer the venues a better deal while still allowing fans to pay less than they would to resellers.

Limited/no transfers - returns offered instead - offer flexibility to customers.

However as others have said I think the real obstacle is the venue relationships that came from the purchase of LiveNation. These are difficult to replace although maybe it would be possible to start with smaller venues and acts....or using public places a la music festivals.