Flipping Concert Tickets: Side Hustle Review

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Can you make good money reselling concert tickets? We see how much money I made flipping concert tickets for 200 days and top 9 tips to be even more profitable!
With some of the biggest concerts of all time happening last year with Taylor Swift and Beyonce, it had me thinking if this was a big opportunity to make money reselling/ flipping concert tickets for a profit. So the 200 days I bought and resold concert tickets through Ticketmaster, Stubhub, and Live Nation. This talks about all my journey, how much profit I made or loss, and top 9 tips I learned throughout this reselling journey.
Timestamps
0:00 - Intro to Reselling Concert Tickets
0:13 - Gameplan/ Process
0:46 - Resell Ticket #1
1:21 - Resell Ticket #2
2:13 - Resell Ticket #3
2:50 - Resell Ticket #4
3:16 - Resell Ticket #5
4:24 - Total Profit/Loss
4:40 - Tips to reselling concert tickets
6:32 - If I still resell tickets as sidehustle
6:52 - Outro to Reselling Concert Tickets
#SideHustles #concerttickets #ticketflipping #ticketreselling #bestsidehustles2024
Embarking on a 200-day venture into the world of ticket flipping, I aimed to turn a profit by capitalizing on the pre-sale buzz and selling concert tickets at a premium as the event dates approached. The mantra was simple: buy low, sell high. Focusing on Chicago concerts and artists I knew well, I initially found success with John Mayer, Thomas Rhett, Quinn 92, Taylor Swift, Drake, and Red Hot Chili Peppers.
In conclusion, while ticket flipping may seem like an easy way to make quick money, the numerous variables, time investment, and the dominance of larger ticket companies make it a challenging endeavor. I've decided to move on to new side hustles, and if you have suggestions, drop them in the comments! Share your ticket flipping experiences too, and don't forget to like the video for a chance to access a premium ticket flipping insights Discord. Until next time, this is Kevin, your Financial Tutor, signing off. Peace!
SEO Search Words: Ticket flipping, concert ticket side hustle, pre-sale strategies, TicketMaster fees, lessons learned, making money online, side hustle experiences, financial advice, Kevin your Financial Tutor, Red Hot Chili Peppers tickets, Thomas Rhett concert, Quinn 92, Taylor Swift, Drake, strategic ticket buying.
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Опубликовано:

30 июн 2024

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Комментарии : 25

@Pyramidtank Месяц назад

Don't forget the taxes you have to pay on it at the end of the year.

@MrMountain707 5 дней назад

I prefer the stock market, but profits are profits lol

@MrMaytang Месяц назад

You gotta go after the big names. You also have to consider the demographic Thomas Rhett wouldn’t do as well in Chicago as he would somewhere down south

@FinancialTutor Месяц назад

I agree, but big names come with a lot more competition. I wasn’t able to get Drake or Taylor Swift tickets. If you’re able to get those kinds of tickets, it should be easy profits. Surprisingly country concerts do pretty well in Chicago, but I agree bigger in the south. Last year Luke Combs, Morgan Wallen, and a few other country singers sold out in Chicago.

@elfbar1820 2 месяца назад

concert market is down, you have to look for other events!

@FinancialTutor 2 месяца назад

I would think you’d still be able to make money on high demand events/events that would sell out, but hard to tell which ones will sell out (besides the obvious ones like T swift/ Drake). What events would recommend?

@milanlange Месяц назад

like what events , im new 🙏👍

@1224jm 20 часов назад

Concert market isn’t “down” lol

@milanlange Месяц назад

where do i buy and where do i sell ? pls 🙏🙏🙏🙏🙏

@FinancialTutor Месяц назад

I mostly used Ticketmaster and stubhub, but there’s several other websites. You could also go to the venue and sell outside if you wanted to avoid all the fees

@badbassnine 9 дней назад

I've seen people so pretty well with sports tickets

@brownstain1915 9 дней назад

Fookin Scalper!!!

@Movies.com_960 3 месяца назад

Hey Kevin it’s me please replay to me

@FinancialTutor 3 месяца назад

Hi, how's it going?

@MrNb131 3 месяца назад

I don't leave many negative comments, you can check my history. But this video seriously bothers me. People that buy tickets just to scalp them are the worst. If you do this you are part of the problem. It's people like you who've made buying tickets suck so bad. Looking forward to your next hot tips on how to clear out the store inventories of xbox's to sell on eBay and take tip money off tables at restaurants.

@FinancialTutor 3 месяца назад

I appreciate your comment! I felt the same way before checking out this side hustle. Especially since I go to a lot of concerts each year. I thought how's this reselling any different than house wholesalers, used car dealerships, furniture flippers on craigslist, trucking logistic companies, etc. There's so many industries that sole job is to be the middle man with buying low and then selling high to another person. I am personally more frustrated with the oligopoly that control the concert tickets and charge 20-40% "service fees" just because they can. Those companies are taking more money out of the public's hands, than people reselling tickets. Just my thoughts. Curious to know what you think.

@9krausec 2 месяца назад

@@FinancialTutor- The examples you've listed off provide value at some capacity. What value are you providing, to the consumer, that isn't already preexisting?