{"id":223846,"date":"2024-02-16T14:47:49","date_gmt":"2024-02-16T14:47:49","guid":{"rendered":"https:\/\/namso-gen.co\/blog\/how-often-are-tickets-sold-above-face-value\/"},"modified":"2024-02-16T14:47:49","modified_gmt":"2024-02-16T14:47:49","slug":"how-often-are-tickets-sold-above-face-value","status":"publish","type":"post","link":"https:\/\/namso-gen.co\/blog\/how-often-are-tickets-sold-above-face-value\/","title":{"rendered":"How often are tickets sold above face value?"},"content":{"rendered":"<p>**How often are tickets sold above face value?**<\/p>\n<p>Tickets for concerts, sports events, and theater shows have always been in high demand, and as a result, prices can often skyrocket. Many fans have found themselves wondering if tickets are regularly sold above face value. The short answer is yes, tickets are frequently sold above face value for popular events. In fact, it has become a common practice in the secondary ticket market.<\/p>\n<p>The secondary ticket market refers to the resale of tickets by individuals or companies, often at a higher price than the original face value set by the event organizers. This market has gained significant traction in recent years due to the surge in online ticket platforms and marketplaces. These platforms provide a space for ticket holders to sell their unwanted tickets to eager buyers.<\/p>\n<p>There are several reasons why tickets are frequently sold above face value. Firstly, the laws of supply and demand play a significant role. When the demand for tickets exceeds the available supply, prices increase exponentially. This often occurs for high-profile events with limited seating capacities or for artists with massive fan bases. As a result, tickets can be listed on the secondary market at significantly higher prices.<\/p>\n<p>Additionally, the secondary ticket market is fueled by ticket scalpers who aim to make a profit by purchasing tickets at face value and reselling them at inflated prices. Scalpers take advantage of the disparity between the demand and supply of tickets, often using sophisticated software or bots to snatch up large quantities of tickets during initial sale releases. These tickets are then resold at much higher prices, sometimes even within minutes of the original sale.<\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_62 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/namso-gen.co\/blog\/how-often-are-tickets-sold-above-face-value\/#FAQs_about_ticket_resale\" title=\"FAQs about ticket resale:\">FAQs about ticket resale:<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/namso-gen.co\/blog\/how-often-are-tickets-sold-above-face-value\/#1_What_are_some_common_platforms_for_ticket_resale\" title=\"1. What are some common platforms for ticket resale?\">1. What are some common platforms for ticket resale?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/namso-gen.co\/blog\/how-often-are-tickets-sold-above-face-value\/#2_Are_there_any_legislations_in_place_to_regulate_ticket_resale\" title=\"2. Are there any legislations in place to regulate ticket resale?\">2. Are there any legislations in place to regulate ticket resale?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/namso-gen.co\/blog\/how-often-are-tickets-sold-above-face-value\/#3_Are_there_any_precautions_to_take_when_buying_tickets_from_the_secondary_market\" title=\"3. Are there any precautions to take when buying tickets from the secondary market?\">3. Are there any precautions to take when buying tickets from the secondary market?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/namso-gen.co\/blog\/how-often-are-tickets-sold-above-face-value\/#4_Are_there_any_ethical_concerns_with_ticket_resale\" title=\"4. Are there any ethical concerns with ticket resale?\">4. Are there any ethical concerns with ticket resale?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/namso-gen.co\/blog\/how-often-are-tickets-sold-above-face-value\/#5_Can_event_organizers_combat_ticket_resale\" title=\"5. Can event organizers combat ticket resale?\">5. Can event organizers combat ticket resale?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/namso-gen.co\/blog\/how-often-are-tickets-sold-above-face-value\/#6_Can_ticket_prices_decrease_on_the_secondary_market_closer_to_the_event_date\" title=\"6. Can ticket prices decrease on the secondary market closer to the event date?\">6. Can ticket prices decrease on the secondary market closer to the event date?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/namso-gen.co\/blog\/how-often-are-tickets-sold-above-face-value\/#7_Do_tickets_sold_above_face_value_impact_artists_or_performers\" title=\"7. Do tickets sold above face value impact artists or performers?\">7. Do tickets sold above face value impact artists or performers?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/namso-gen.co\/blog\/how-often-are-tickets-sold-above-face-value\/#8_Can_fans_sell_tickets_above_face_value_legally\" title=\"8. Can fans sell tickets above face value legally?\">8. Can fans sell tickets above face value legally?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/namso-gen.co\/blog\/how-often-are-tickets-sold-above-face-value\/#9_Are_there_alternatives_to_the_secondary_ticket_market\" title=\"9. Are there alternatives to the secondary ticket market?\">9. Are there alternatives to the secondary ticket market?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/namso-gen.co\/blog\/how-often-are-tickets-sold-above-face-value\/#10_Can_ticket_scalping_be_eliminated_entirely\" title=\"10. Can ticket scalping be eliminated entirely?\">10. Can ticket scalping be eliminated entirely?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/namso-gen.co\/blog\/how-often-are-tickets-sold-above-face-value\/#11_How_do_organizers_determine_the_face_value_of_tickets\" title=\"11. How do organizers determine the face value of tickets?\">11. How do organizers determine the face value of tickets?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/namso-gen.co\/blog\/how-often-are-tickets-sold-above-face-value\/#12_Are_there_any_benefits_of_the_secondary_ticket_market\" title=\"12. Are there any benefits of the secondary ticket market?\">12. Are there any benefits of the secondary ticket market?<\/a><\/li><\/ul><\/nav><\/div>\n<h3><span class=\"ez-toc-section\" id=\"FAQs_about_ticket_resale\"><\/span>FAQs about ticket resale:<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<h3><span class=\"ez-toc-section\" id=\"1_What_are_some_common_platforms_for_ticket_resale\"><\/span>1. What are some common platforms for ticket resale?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nSome popular platforms for ticket resale include StubHub, Viagogo, SeatGeek, and Ticketmaster&#8217;s resale feature.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"2_Are_there_any_legislations_in_place_to_regulate_ticket_resale\"><\/span>2. Are there any legislations in place to regulate ticket resale?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nSeveral countries have introduced legislation to regulate ticket resale, but enforcement can vary and often faces challenges due to the global nature of online ticket platforms.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"3_Are_there_any_precautions_to_take_when_buying_tickets_from_the_secondary_market\"><\/span>3. Are there any precautions to take when buying tickets from the secondary market?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nBuyers should be cautious when purchasing tickets from the secondary market. They should only use reputable platforms, check reseller ratings and reviews, and be wary of extremely high prices that may indicate fraudulent activity.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"4_Are_there_any_ethical_concerns_with_ticket_resale\"><\/span>4. Are there any ethical concerns with ticket resale?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nThere are ethical concerns surrounding ticket resale, particularly with regard to scalpers using bots to acquire large quantities of tickets. This results in genuine fans being unable to purchase tickets at face value and can contribute to exclusionary practices.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"5_Can_event_organizers_combat_ticket_resale\"><\/span>5. Can event organizers combat ticket resale?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nEvent organizers have implemented various strategies to combat ticket resale, such as implementing strict terms and conditions, utilizing verified fan programs, or canceling tickets found to be purchased by scalpers.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"6_Can_ticket_prices_decrease_on_the_secondary_market_closer_to_the_event_date\"><\/span>6. Can ticket prices decrease on the secondary market closer to the event date?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nTicket prices on the secondary market can fluctuate depending on factors such as the popularity of the event, availability, and timing. Prices may decrease as the event date approaches if demand weakens.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"7_Do_tickets_sold_above_face_value_impact_artists_or_performers\"><\/span>7. Do tickets sold above face value impact artists or performers?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nArtists or performers typically receive their revenue from the initial sale of tickets, so they are not directly impacted by tickets being resold above face value. However, higher ticket prices may lead to a negative perception among fans or affect the overall fan experience.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"8_Can_fans_sell_tickets_above_face_value_legally\"><\/span>8. Can fans sell tickets above face value legally?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nThe legality of selling tickets above face value can vary by jurisdiction. While some areas have restrictions on price markup, others have no specific legislation regarding ticket resale.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"9_Are_there_alternatives_to_the_secondary_ticket_market\"><\/span>9. Are there alternatives to the secondary ticket market?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nSome event organizers have implemented their own direct-to-fan ticket exchanges, where fans can securely resell tickets to other fans at face value or a minimal markup.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"10_Can_ticket_scalping_be_eliminated_entirely\"><\/span>10. Can ticket scalping be eliminated entirely?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nEliminating ticket scalping entirely is a challenging task due to the complexity of the market and the involvement of multiple players. However, stricter legislation and technological advancements may help reduce its prevalence.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"11_How_do_organizers_determine_the_face_value_of_tickets\"><\/span>11. How do organizers determine the face value of tickets?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nThe face value of tickets is determined by event organizers based on various factors such as production costs, venue expenses, artist fees, and expected revenue targets.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"12_Are_there_any_benefits_of_the_secondary_ticket_market\"><\/span>12. Are there any benefits of the secondary ticket market?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nThe secondary ticket market can provide a platform for fans to access tickets they missed during the initial sale or to sell tickets they can no longer use. It allows for flexibility and convenience but should be navigated with caution.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>**How often are tickets sold above face value?** Tickets for concerts, sports events, and theater shows have always been in high demand, and as a result, prices can often skyrocket. Many fans have found themselves wondering if tickets are regularly sold above face value. The short answer is yes, tickets are frequently sold above face &#8230; <\/p>\n<p class=\"read-more-container\"><a title=\"How often are tickets sold above face value?\" class=\"read-more button\" href=\"https:\/\/namso-gen.co\/blog\/how-often-are-tickets-sold-above-face-value\/#more-223846\">Read more<span class=\"screen-reader-text\">How often are tickets sold above face value?<\/span><\/a><\/p>\n","protected":false},"author":56,"featured_media":107420,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[86279],"tags":[],"class_list":["post-223846","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-learn","no-featured-image-padding"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>How often are tickets sold above face value?<\/title>\n<meta name=\"description\" content=\"**How often are tickets sold above face value?** Tickets for concerts, sports events, and theater shows have always been in high demand, and as a result,\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/namso-gen.co\/blog\/how-often-are-tickets-sold-above-face-value\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"How often are tickets sold above face value?\" \/>\n<meta property=\"og:description\" content=\"**How often are tickets sold above face value?** Tickets for concerts, sports events, and theater shows have always been in high demand, and as a result,\" \/>\n<meta property=\"og:url\" content=\"https:\/\/namso-gen.co\/blog\/how-often-are-tickets-sold-above-face-value\/\" \/>\n<meta property=\"og:site_name\" content=\"Namso Gen Blog - 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