How far out are tickets cheapest?

  • Posted on: 11 Jul 2024
    How far out are tickets cheapest?

  • How far in advance does one have to buy concert tickets to find them at the cheapest price?

    Well, at the moment, one can hardly purchase a ticket for a concert for an affordable price, especially if it is a famous artist; I saw that prices can reach hundreds of dollars for a single ticket. Every lover of music attending shows on the big stage likes to think they are getting the best deal when purchasing tickets. Indeed, when is the right time to purchase? Under what circumstances do prices reach their lowest levels? Here are some tips and some trends that you may want to consider in order to be able to purchase concert tickets cheaply.

    Buy During the Pre-Sale

    If you want to secure cheap concert tickets, you should consider taking advantage of pre-sales. This has always been handy for artists and concert promoters since they can give their biggest fans the first shot at tickets before releasing them to the general public. During the pre-sale, due to less demand and no additional charges included in the final price, it is usually the same or slightly higher than the face value of the ticket.

    Stay regularly updated with artists’ mailing lists and social media accounts, and sign up for verified fan pre-sales where possible to get in during these early stages. The competition is high since such pre-sales are again offered to the privileged few, but if you can get your hands on the pre-sale code, you might get a chance at the actual ticket price or even slightly higher!

    Wait for the General On-Sale Decision

    However, if you are unfortunate not to get one of the pre-sale tickets, then it is not the end of the world because you can get one during the sale. It can still be near face value once tickets are available to the public domain when they are initially released. They have not adjusted their prices to reflect the demand since these are predetermined and fixed in advance. When shopping online, make sure to be in front of your computer at the exact time of on-sales and move quickly. The major events that will attract a large audience will complete the sale at this stage and fast.

    It will be crucial to pay attention a few days before the show or event.

    In case there is any last-minute deal that comes up before the event date, you should revisit the site to see it. The last two to three days before the event are when you can find such sellers who may be willing to take a loss on the tickets. Sometimes people who reserved better seats early might cancel their tickets at the last minute, releasing better seats in the process.

    Always employ price trackers and apps to get the best deals on the costs of the show, and always be ready to buy if there is a dip right before the show begins. It is unwise to wait for the last day because some hotels and airlines can increase their rates, but keeping an eye on prices in the last week is wise.

    The following are the scenarios to comprehend daily and weekly ticket price changes:

    It is important to be aware of the time of day, night, week, or even month when ticket prices are cheaper. Matinee shows are usually cheaper than evening performances, and tickets for weekdays are even cheaper, although Tuesday and Wednesday are the most popular. Also, the shows aired during the weekdays, particularly the daytime programs, are usually cheaper than those aired at prime time on Friday and Saturday.

    They also vary throughout the week, particularly becoming higher during the weekends as people have time to look for events. Thus, do not purchase on Friday evening or Saturday so that you do not contribute to its increase. However, to get the best discounts, consider Friday, Monday, Tuesday, or Wednesday night offers. This is because one can afford to be very flexible in their schedule, which can result in a great discount.

    However, do not rush to purchase products through resale sites at the beginning.

    After the official on-sale date, you will find tickets with a higher price appearing on resale sites, including StubHub. But as noted earlier, immediately after public sales, the prices are known to be very close to face value costs. Scalpers target selling the tickets as soon as possible so that they can start making their profits. But until supply and demand are actually seen, there is no reason to go above face value on a resale, which is happening so soon.

    Do not engage in the resale sites immediately after the event’s start because you can wait for at least a few days or weeks, except if you come across a deal that you cannot resist. You are in the driver’s seat for the first few weeks, or possibly even months, of your new relationship. Do not trust the sellers who, at the very moment when the tickets have been put up for sale, write, “Only 3 tickets left!”

    Collect Your Wads After the On-Sale Hysteria

    The period after the initiation of ticketing and the first 1-2 weeks may be largely unpredictable. This dies down with the best seats being booked in advance, thus leaving only the normal seats for the common clients. However, enough time has not even elapsed for scalpers to make an estimate of the market and actual demand and supply.

    Prices tend to fluctuate during the period, which comes after the early buyer traffic rush, and this fluctuation can be erratic in a way. It is also possible that chairs of similar types may have significantly different markups. While there may be similar programmes, their accessibility may vary. The scalpers are still not sure where to set the ticket prices.

    It is best to wait for the predictable supply and demand economics to pull through eventually. Wait for 2-4 weeks after the public sales to find out whether dealers have stabilized, fixing their prices at more uniformly set levels.

    The latter is to buy Just before or after Sellout.

    This essentially means that every act that records very high popularity levels is likely to have sellouts. When there are many tickets still available in the market, they are sold at lower price levels, but as the quantity of tickets decreases, price goes up. When a show is labeled ‘sold out,’ anxiety sets in as more people scramble for limited seating. Indeed, the reverse side provides opportunity immediately prior to this point.

    On the last days before a show, which is expected to be a sellout, prices drop on all tickets, as sellers aim to get rid of them as fast as possible. Once an official sellout occurs, a new set of sellers usually releases more unsold tickets that they have been holding to take advantage of the feeding frenzy.

    This scenario shows that it is wiser to purchase the tickets either a few days before the show is slated for, or immediately when it is announced that the show is sold out, as compared to the period of frenzy when prices are very highly charged. Predict how long the latest hot-shows may remain on sale based on historical sales data from previous tours.

    To sum up, the major idea is to provide enough time to achieve low prices before the sale starts, but not too late to look for dawn patrol deals. Time the market by tracking prices for a duration, comparing their trends daily and weekly, and buy when the rate is low immediately after the high activity rush or before it. A bit of luck and the right timing can indeed help you secure some seriously massive discounts on your concert tickets.