Affordable concert Ticket

[Tsetand]

Hey guys!! So I have this idea. Please feel free to drop ur opinions.
So many of us know that how difficult it is for some people to get a famous singer concert ticket. It is not affordable for some people.
So I want to create an website for those people where they get an affordable ticket. This website will exclude the people who can afford tickets.

 

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[iivalky]

Hey guys!! So I have this idea. Please feel free to drop ur opinions.
So many of us know that how difficult it is for some people to get a famous singer concert ticket. It is not affordable for some people.
So I want to create an website for those people where they get an affordable ticket. This website will exclude the people who can afford tickets.

Won't you have to purchase the tickets at full price and resell them at a loss? How will you make them affordable?

 

[Tsetand]

Won't you have to purchase the tickets at full price and resell them at a loss?

U got it all wrong. My idea is to create a whole new platform where the music industries is ready to sell the tickets to people who can’t afford their tickets. Here majority of the people is benefiting; people who can’t afford tickets and the music industries itself cause they can sell tickets to other groups of people who can’t afford.

 

[Speculatooor]

U got it all wrong. My idea is to create a whole new platform where the music industries is ready to sell the tickets to people who can’t afford their tickets. Here majority of the people is benefiting; people who can’t afford tickets and the music industries itself cause they can sell tickets to other groups of people who can’t afford.

Target customers: people with no money?

You lack a fundamental understanding of (micro)economics, scarcity, profit, etc.

I recommend these books for solid foundation:
Thomas Sowell - Basic Economics
Henry Hazlitt - Economics in one lesson

EDIT:
If you would read these books, you would know that a lot of tickets are already underpriced compared to true market value. This is why ticketscalpers exist.

 

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[Tsetand]

Target customers: people with no money?

 

[Tsetand]

Yes,
For example I can afford to go on one concert but I can’t afford to go on many concerts. I love concerts but I can’t afford.

 

[iivalky]

U got it all wrong. My idea is to create a whole new platform where the music industries is ready to sell the tickets to people who can’t afford their tickets. Here majority of the people is benefiting; people who can’t afford tickets and the music industries itself cause they can sell tickets to other groups of people who can’t afford.

It's a cool concept but what would be in it for the businesses selling their tickets at a discount if they'll make more money selling at a full price?

 

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[Speculatooor]

Yes,
For example I can afford to go on one concert but I can’t afford to go on many concerts. I love concerts but I can’t afford.

If you (person A) could buy tickets at an affordable price, that is very nice for you.

But that seat (limited amount) is now occupied by you, and not someone who would pay more (person B).

Business is now losing money by selling that seat to you, not to person B.

Why would they do that?

 

[Tsetand]

It's a cool concept but what would be in it for the businesses selling their tickets at a discount if they'll make more money selling at a full price?

Don’t u think musicians will love to entertain all groups of people? In this case I think love and emotions take the roles.

 

[iivalky]

Don’t u think musicians will love to entertain all groups of people? In this case I think love and emotions take the roles.

From what I understand, if the concert is large enough It isn't the musicians who sell the tickets directly but the stadium/arena where they are performing. The performer just makes a % of the ticket sales and don't even know where they are being sold at.

 

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[biophase]

Hey guys!! So I have this idea. Please feel free to drop ur opinions.
So many of us know that how difficult it is for some people to get a famous singer concert ticket. It is not affordable for some people.
So I want to create an website for those people where they get an affordable ticket. This website will exclude the people who can afford tickets.

I believe that Taylor Swift tried to do something like this by limiting the type of people that could get tickets to her concert on day 1. What you basically want is for actual fans to get the tickets instead of ticket brokers. You could make non-transferable tickets. I also believe that the use of tickets coupled with NFTs will also help this issue.

 

[Tsetand]

I believe that Taylor Swift tried to do something like this by limiting the type of people that could get tickets to her concert on day 1. What you basically want is for actual fans to get the tickets instead of ticket brokers. You could make non-transferable tickets. I also believe that the use of tickets coupled with NFTs will also help this issue.

Thanks…