Reselling Platforms: A Comprehensive Review
In the world of ticket reselling, choosing the right platform is crucial for success. This guide will help you navigate popular ticket reselling websites, comparing their features, fees, and user experiences.
1. Lysted
Lysted is an online platform for selling and buying event tickets. The platform offers a range of features for sellers, including volume discounts and options for manual or automated pricing.
Pros:
Provides volume discounts for large sellers
Offers options for manual or automated pricing
Charges a base rate of only 8% for all sales
Cons:
Requires sellers to provide tax documents for tax reporting purposes, which may be a hassle for some
Marks up prices to some exchanges that charge higher rates, which may affect seller profits
2. StubHub
StubHub is a leading ticket reselling platform, offering a wide range of event tickets. The website is user-friendly and offers a secure marketplace for buyers and sellers.
Pros:
Extensive ticket inventory
Secure transactions
24/7 customer support
Cons:
High fees (10-15% for sellers, 15-20% for buyers)
May require ID verification for sellers
3. SeatGeek
SeatGeek is another popular option, with a user-friendly interface and a unique feature called "Deal Score," which helps buyers find the best value tickets.
Pros:
Deal Score feature
Clear pricing structure
Mobile app available
Cons:
Smaller inventory than StubHub
Fees can be high (10-20% for sellers, 7-15% for buyers)
4. Vivid Seats
Vivid Seats is a well-established platform with a solid reputation. They offer a rewards program for frequent buyers and sellers.
Pros:
Rewards program
Competitive fees (10% for sellers, 15% for buyers)
Responsive customer support
Cons:
Smaller inventory compared to StubHub
Less user-friendly interface
5. Ticketmaster
Ticketmaster is a primary ticket source, but they also offer a resale marketplace. It's a reliable platform for both buying and selling tickets.
Pros:
Official resale partner for many events
Secure transactions
Direct integration with primary ticket sales
Cons:
High fees (15% for sellers, 10-20% for buyers)
Limited inventory for resale
6. CashorTrade
CashorTrade is a unique platform, focusing on face-value ticket trading and sales. It's ideal for resellers who want to avoid high fees and price-gouging.
Pros:
Face-value tickets only
Low fees (3% for sellers, free for buyers)
Strong community focus
Cons:
Smaller inventory
Limited to face-value pricing
7. Facebook Groups
Many ticket resellers use Facebook Groups for buying and selling. These groups are usually dedicated to specific events or artists, with varying levels of moderation.
Pros:
Free to use
Direct communication with buyers/sellers
Can find niche events
Cons:
No buyer/seller protection
Requires manual monitoring
Conclusion
Each platform has its unique features and fees. Consider your ticket reselling goals and preferences when choosing a platform. For large inventories and secure transactions, Lysted or StubHub might be best. If you prefer face-value pricing and a community feel, CashorTrade could be the right choice. Remember to stay updated on each platform's policies, as they may change over time.
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