Online ticket agency business plan

For this you need to look out for a bigger event like a Jay Chou tour event where people would like to buy tour tickets.

And the answer is No.

Starting a Travel Agency – Sample Business Plan Template

But that will not deter us from putting up an article. We also have a page about becoming a travel agent. This is about selling event tickets—sports, concerts and special events. Besides the fact that it seems like a cool business to be in, we must ask: Why does the Ticket Broker Business Exist?

Think about it, your favorite band or sports team could hold an auction, and try to get the most they could out of the fans. The optimal auction structure is online ticket agency business plan the scope of this article.

But anecdotal evidence suggests that they leave a lot of money on the table. The biggest battles between ticket brokers who want to re-market the tickets and show promoters have taken place in the NY area. In Januaryit was alleged that evil scalpers used super computers to cheat fans out of their right to see The Boss; and now NJ law makers are trying to ban ticket brokers from using fast computers.

The ticket wars imply that re-marketing tickets can be a very profitable business. Also there seems to be a lot of people in the business making good money. Fairness — Many sports and bands try to appeal to the common man.

Yea this no longer holds water with sports. Recently, sports teams have not worried about seeming so greedy as the fans have demanded million dollar players be signed to the roster.

The average Joe cannot take his family to see an NFL game and pay the rent int he same month. Scarcity as a marketing tool. If the event will be a sell out, it will raise the interest of people.

For some reason, TicketMaster seems to totally dominate the initial sales of event tickets. We are not sure how one company can be so dominant. They buy low on Ticketmaster and resell. It recently bought its biggest rival Live Nation which had been making agreements with venues to be the primary ticketter.

According to an agreement with the US Department of Justice, they have to let a couple of other companies, AEG and another company compete for the initial ticket sales or Venue Business. Below where it says Ticketmaster, read Ticketmaster or company that has won the contract with the venue.

Rock makes some good points regarding overpriced tickets, but he also supports ticket brokers by keeping the price of his tickets fair. The report also talks about the bots that were used to scoop up tickets and one company made 25 million dollars—before they were caught. Where do you get the Wholesale Tickets?

There seem to be two sources of tickets. And based on what we have read many ticket brokers source tickets from both the national data base and by hunting them down. The way this works is that all the main sites including the big ones like Stubhub have access to this data base.

They advertise tickets and mark them up from the sites. The second the customer buys the tickets, they order them from the sites. They even offered a turn-key website solution and a market level marketing deal where you get paid to bring more people into their system. Or they are making you a broker on their system such as Ticket Evolution see below.

He also said that ticket brokers use it to unload tickets they bought but cannot sell to retail customers. There seem to be three main ticket data bases or ticket exchanges or data bases. These list tickets for sale, and you can put a mark up on the tickets.

When you sell each ticket, you get to keep the difference. The main ticket exchanges are: The first service offers you real time access to members inventory.

You can sell this via a website, or over the phone. The second service is for non real time access to members inventory.

It is not clear if SOS have better deals that other brokers are trying to dump.According to Wikipedia, Scalping laws in California only apply if you resell tickets at the venue; and the California Department of Consumer Affairs does not require a separate licence to get into the Ticket Broker Business.

You need to check with the city you plan to do business in if they have any restrictions on ticket brokers, and get a. Writing Tips for an Airline Ticket Agency Business Plan We know - writing a business plan can be a daunting task for a new entrepreneur.

But here's the good news: With a few tips, any entrepreneur can create a successful plan for their business. timberdesignmag.com online booking business plan strategy and implementation summary.

timberdesignmag.com is an online entertainment booking system/5(6). Apr 18,  · Write your business plan with the #1 online business planning tool. Start Your Plan. Templates. Starting a Travel Business: A How-to Guide, plus Advice from the Experts you may have considered starting a travel agency.

However, starting a travel business is a bit of a mixed bag. On the one hand, a travel business can be fairly /5(8). There are three types of business model for online travel agency (OTA): 1.

Opaque model. The customer puts forward some some prices to the agency, then the agency looks for the prices provided by retailers.

The agency will try to get the highest b. Plan for Appointment of Counsel; Request for Court Appointed Attorney; Human Resources.

Resolve Your Ticket Online / Ticket Agency Verification; Ticket Agency Verification. DOES YOUR TICKET BEGIN WITH THE LETTER X? Click YES or NO.

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