Psst … buy a ticket?

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Online marketplaces might drive hawkers out of business In the US alone, unused (or ‘secondary’) sports/concert tickets account for an annual 12 billion USD in transactions between desperate fans and both legal and illegal owners of much-wanted ‘admit ones’. To take the hassle out of re-selling and having to deal with potentially shady characters, a number of ventures have jumped into this market, and set up online marketplaces for reselling season tickets. The services guarantee a ticket’s authenticity, and there’s no need for (unwanted) contact between buyer and seller. Opportunities Yet another massive potential market that is maturing thanks to…

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