Sell Tickets Success Stories [2024]
The ticketing business involves the sale of tickets for events, such as concerts, sporting events, and theater productions. The business typically involves purchasing tickets from the event organizer or ticketing company and reselling them to the public at a markup.
To run a successful ticketing business, it is essential to have a reliable source of tickets, a strong marketing strategy, and a clear understanding of the demand for the events you sell tickets for. It is also essential to have a system for tracking ticket sales and handling customer inquiries.
One essential tip for success in the ticketing business is to offer a wide range of ticket options, including VIP packages and seating options, to appeal to different types of customers. It is also essential to stay up to date on industry trends and to be flexible to adapt to changes in the market.
Finally, building solid relationships with event organizers and ticketing companies can be crucial for securing a steady supply of tickets and for negotiating favorable terms for your business. By focusing on customer satisfaction and building a reputation as a reliable and trustworthy ticket seller, you can establish a successful ticketing business that thrives in the competitive entertainment industry.
In this list, you'll find real-world Sell tickets success stories and very profitable examples of starting a Sell tickets that makes money.
1. Ticket Tailor ($6M/year)
Jonny, the founder and CEO of Ticket Tailor, came up with the idea for his ticketing platform while studying software engineering at Birmingham University in 2005. As a music fan, he wanted to create a website called "What's on in Brum?" to showcase local events. Through his experience building ticketing systems for clients and the frustration with high fees and data sharing from ticketing agencies, he saw an opportunity to create a scalable software product that would make ticketing more affordable and convenient for event creators.
How much money it makes: $6M/year
How much did it cost to start: $1K
How many people on the team: 8
A successful ticketing platform that grew from a side project into a business that issues over 5 million tickets annually, using a combination of cold calling, word of mouth, and partnerships to attract and retain customers while navigating the challenges of COVID-19.
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Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.