Why are Concert Tickets so Expensive?!
A couple of comments on Facebook got me to thinking, why is it that tickets to concerts cost so much now a days. I *THINK* I have it figured out.
So, in my line of work I hear about people talking about ticket prices all the time.
It SUCKS paying a ton of money to go to a concert ... no disagreement from me on that. However, the problem I feel is two-fold.
No one was injured in the making of this video.
The problems I feel boil down to one real issue. Money - and who makes it.
You could put on a concert and say every ticket is $1. Someone will buy every single ticket and sell it for $5 just to turn a quick buck.
That's just how capitalism works. Buy low sell high.
If people are willing to spend $5 on concert tickets, you sell them for $5. Until someone buys you out and sells the tickets for $10.
It's a vicious cycle, right?
You have to wonder 'what's the solution here' ... aside from making ticket reselling websites illegal.
I would love to say "We do our part." by giving out free tickets to the show. However I can't tell you the number of times I've done that and went to say hello to the winners at a concert and found out ... yep, they sold the tickets to someone else.
Ah well, such is life.