The ticketing market isn’t the same old law of supply and demand. It is supply and demand, except the author doesn’t mention that the ticket is a fixed good. There are only a fixed amount of tickets to a specific show. So when a scalper buys a ticket, they are reducing the supply for those interested in tickets, and thus artificially increasing the demand.

The secondary market will always exist but it is interesting to see the lengths ticket scalpers go to in order to justify their business. Including posting blog comments, I gather.

Some day someone will invent a ticketless entry system where only the purchaser of the “ticket” can gain entry via their cellphone or a keychain thingy like grocery stores use. That is when the market will be good for fans.

Mark, if there is a ticket to a show going for $50 a piece and I want one, and you buy it, with no intention of going to the show, and tell me if I want it, I can buy it from you for $100, that is good for you. That isn’t good for the fan.

The ticketing market isn’t the same old law of supply and demand. It is supply and demand, except the author doesn’t mention that the ticket is a fixed good. There are only a fixed amount of tickets to a specific show. So when a scalper buys a ticket, they are reducing the supply for those interested in tickets, and thus artificially increasing the demand.

The secondary market will always exist but it is interesting to see the lengths ticket scalpers go to in order to justify their business. Including posting blog comments, I gather.

Some day someone will invent a ticketless entry system where only the purchaser of the “ticket” can gain entry via their cellphone or a keychain thingy like grocery stores use. That is when the market will be good for fans.

Mark, if there is a ticket to a show going for $50 a piece and I want one, and you buy it, with no intention of going to the show, and tell me if I want it, I can buy it from you for $100, that is good for you. That isn’t good for the fan.

We believe a solution exists that protects the fans from excessive pricing, but also guards against over-regulating a free market.

By listing all the ticket prices and availability for all UK events in one place, both primary and vetted secondary, we allow the consumer to make an informed and safe decision about their ticket purchase.

This technology, called ‘Vertical Search’, follows a strong trend from the US, where small internet start ups are leveraging the massive investments made by sites who have previously tried to consolidate markets rather than work with the fragmentation. Vertical search allows many small sites to exist and works to give the user best access to information.

We believe the launch of our ‘PowerSearch’ for tickets (see http://www.tickex.com) has heralded a new era for the live event fan, and has already been called “the Google for tickets” by Music Week. Within the next 4 weeks we will be the largest ticketing site (by displayed inventory) in the UK.

Try the search – have fun !

Dan Brinderson
Founder
http://www.TickEx.com

We believe a solution exists that protects the fans from excessive pricing, but also guards against over-regulating a free market.

By listing all the ticket prices and availability for all UK events in one place, both primary and vetted secondary, we allow the consumer to make an informed and safe decision about their ticket purchase.

This technology, called ‘Vertical Search’, follows a strong trend from the US, where small internet start ups are leveraging the massive investments made by sites who have previously tried to consolidate markets rather than work with the fragmentation. Vertical search allows many small sites to exist and works to give the user best access to information.

We believe the launch of our ‘PowerSearch’ for tickets (see http://www.tickex.com) has heralded a new era for the live event fan, and has already been called “the Google for tickets” by Music Week. Within the next 4 weeks we will be the largest ticketing site (by displayed inventory) in the UK.

Try the search – have fun !

Dan Brinderson
Founder
http://www.TickEx.com

Here’s a good article about why the secondary ticket market is good for all: “Secondary Ticket Market – A Professor of Economics’ Opinion” http://www.bestshowticketslasvegas.com/blog/template_permalink.asp?id=267

Here’s a good article about why the secondary ticket market is good for all: “Secondary Ticket Market – A Professor of Economics’ Opinion” http://www.bestshowticketslasvegas.com/blog/template_permalink.asp?id=267