Clean brand in the Live Performance Event Ticket in a few clicks

Aug 6th, 2022
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How to clean brand in the Live Performance Event Ticket

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[Music] hello everyone and thanks for joining me on this very important video um and were going to be talking about something that a lot of new ticket sellers and even more experienced sellers struggle with which is what tickets should i be flipping its a very common question very basic question but its an important one so you may be considering is it you know concert tickets sports tickets comedy events or maybe even theater and these are all great questions but miss one important fact uh and this is something you always have to keep in mind is that you can make money from any kind of event but not every event so i know that doesnt really answer the question or help much but lets just jump into it and see what tickets should you be flipping so you know uh what to select and what questions to ask when selecting your tickets so what are the tickets you should be flipping so that you can actually make money on those tickets and uh have a huge profit or the perfect storm for huge pro

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If you get 85% of the sales, your band takes home $17,000 for one show! However, once again, this configuration can be quite double-sided, because you wont get paid much for a show with low attendance. For example, if only 20 fans show up and the ticket price is $20, your band only makes $340 on that show.
Approximately 15% - 20% of the amount you spend on a ticket covers booking fees, processing fees and taxes. The remaining 85% - 80% are then split between the performer and their promoter. Now, a performer may be worth millions, but obviously would not tour at loss, or even to break even.
Nowadays, its common for top artists to get 90% or more of the net ticket revenues. The promoter gets only what remains after the guarantee, other show costs, and the artists percentage have been paid out. That depends critically on how many tickets are sold, which is unknown until the night of the show.
Concert promoters Often, the success or popularity of the artist can play a role in the split. For example, a more successful artist may get 80 percent of the proceeds while the promoter gets 20 percent whereas a lesser-known artist may split the money 50/50 with the promoter.
Artists and their teams keep the vast majority of ticket sale revenues, often 100% of the face value. Venues and ticketing providers generally do not get a share of the ticket revenue.
The Top 10 Most Expensive Concert Tickets of 2023 8) Morgan Wallen. 7) Harry Styles. 6) Bruno Mars. 5) Usher. 4) Drake. Median Ticket Price: $473 per ticket. 3) U2. Median Ticket Price: $502 per ticket. 2) Taylor Swift. Median Ticket Price: $958 per ticket. 1) Adele. Median Ticket Price: $1011 per ticket.
Ticket prices are negotiated by the promoter and the venue. The band is paid a set amount by the promoter to perform and tour, but the actual cost of individual ticket prices are not determined by the band at all.
Buying tickets for a sold-out concert? Heres how to make sure your tickets are the real deal Confirm the website. As in all cases of digital life, never click through to a website from emails, texts or online ads. Verify the seller. Buy from authorized brokers and third-party sellers. Spot tickets. Use a credit card.

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