How I make $100 a day selling tickets on eBay
Business → Auctions / Classifieds
- Author Chris Chamberlain
- Published February 23, 2009
- Word count 602
The number 1 way to make money on eBay today is selling tickets to popular concerts...
I don't deal with inventory, online storefronts, answering millions of emails. I just buy tickets to popular events and sell them on eBay for many times what I paid.
It's a lot easier to make quick money doing this than many think. eBay even has a dedicated section for selling tickets.
If you follow the steps outlined below YOU WILL MAKE MONEY. Not millions of dollars...but you can easily earn $100 bucks right away...
First of all, how does this work? If a concert is so popular, then how is it possible
to get tickets that someone would be willing to pay 2x for a few days later? Well,
the simple reason is that many people are impulse buyers and are willing to pay for that.
Think about the recent Hannah Montana concert in LA. If you waited for the second they went on sale (or pre-ordered), you could have gotten tickets for $65. But what about the father of two daughters who have been begging him to go to this concert for weeks and now it's sold out...what does he do? Buy them on eBay from you for $300 a piece.
I know it seems too simple to work but there are SO MANY people out there in a similar situation that are willing to pay extra for getting 'sold out' tickets. The trick is - you just have to get to them first.
Now on to specifics....
POPULARITY OF THE EVENT:
Try to buy tickets to bands that are only playing 1 show in your area. Also, keep in mind local bands. These can be the best sources of ticket revenue for you. For example, no one outside of Boston knows who the band Guster is, but their shows ALWAYS sell out because they are HUGELY popular in New England.
SIZE OF THE VENUE:
There are some super-popular events that are in huge venues. This is an important point to consider. A concert at Madison Square Gardens - even if it is "sold out" - has a lot higher probability of there being tickets on eBay so you might not make as much money as if you were selling a 'sold out' concert at a much smaller venue.
Getting the ticket...The best way of actually getting tickets to these high-demand event is during 'presales'. Presales are not for the general public but only those people that have been given access by someone with the presale password. This is meant for friends and family of people that work for the venue, etc.
However... it is possible to get these presale passwords.
On fatwallet.com or talktix.com you can find these presale passwords. Also, a lot of times you can "sign up" to get presale passwords by calling your local radio station. OR the website of the band will have mailing lists you can join that will give you these codes.And, of course...you can get presale passwords on eBay
Fake "Sold Outs"
A lot of times ticketmaster will display an online message saying that tickets are sold out. 9/10 times this is FAKE. They call this "fake drops" and it's meant to create a sense of urgency around the event in hopes of selling tickets faster. Keep trying to get tickets and, like I said, 9 out of 10 times you'll get them.
In Conclusion...
If you follow these tips, you can make money RIGHT NOW selling tickets on eBay. Heck, you can even sell the presale codes! So go make some money before the day is done.
Two years ago Chris Chamberlain got laid off and started his journey to building wealth online.
Now he makes $20,000 a month online using these techniques. Visit www.themoneyhacker.com to read how.
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