If you are new to ticket brokering and aren’t familiar with the lingo, or just in need of a laugh then this is the guide for you!
Beer money – when college kids are happy they made a $20 profit on tickets, just enough to buy beer with.
- Club seats – ridiculously overpriced tickets that offer fans cushier seats and a guaranteed loss on the secondary market for sellers.
- Craigslist – a place to dump your tickets and contend with tire kickers.
- Ebay – a place to check out the market value and scoop up under priced tickets from panicky sellers.
- General admission concert – undercutting war.
- Hannah Montana – glorious profits, buy a new house!
- Hannah Montana Vegas – complete and utter chaos, sell your house!
- Hot Seat Packages – Ticketmaster’s “clever” way of scalping its own tickets.
- Pullers – friends, family or college kids who ticket brokers pay poorly to buy tickets for them.
- Residency restrictions – pain in the ass, hassle to change billing address.
- Scalper – must be a shady character who stands outside the venue waiting to prey on unsuspecting buyers and guaranteed to sell fans fake tickets. Comes complete with a mustache, sunglasses and trench coat.
- Section 216, Row R – something a soccer mom would buy and wonder why she lost money.
- Soccer Moms – people who get into this business, have no idea what they are doing, lose a bunch of money and quit.
- Stubhub – yields the highest profits and service fees. Company barely scraping by with a 25% profit on each ticket bought and sold.
- TicketExchange – another place for Ticketmaster to scalp its own tickets.
- Undercutters – people on Ebay who start auctions at 0.99 cents and drive down the market.
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