How to Make Money Selling Reserved Seating
What is Reserved Seating?
Reserved seating allows attendees to select specific seats in advance for events, performances, or screenings. Each ticket corresponds to a designated seat, ensuring guests have a guaranteed, pre-chosen spot upon arrival.
How Can We Make Money Selling Reserved Seating?
There are thousands of events, theatre shows, concerts everyday all over the world...of course. I would say the possibilities are endless. With the demand for organized seating higher than ever, the possibilities for generating revenue are endless.
One way is through ticket reselling. By purchasing bulk reserved seating tickets early from certain providers and reselling them later, you could potentially profit. However, let’s first explore the legal implications of this approach.
Legal Implications
Before pursuing this business model, it’s crucial to understand the legal landscape of ticket reselling. Many jurisdictions have specific regulations governing ticket sales, and some explicitly prohibit or limit the practice of ticket scalping. For instance:
Resale Restrictions: Some tickets include terms that prohibit resale above face value, and violating these terms may lead to the cancellation of the tickets.
Licensing Requirements: Certain regions require resellers to obtain licenses to operate legally.
Anti-Scalping Laws: These laws exist in many areas to prevent unfair price gouging and ensure accessibility to events for the general public.
Failure to comply with these regulations can lead to fines, penalties, or even bans from ticket-selling platforms. Additionally, market risks like fluctuating demand and competition add another layer of complexity to the ticket reselling business.
Alternative Approach: Use osConcert Seat Booking Software
Instead of focusing on ticket reselling, consider managing your own ticketing system to generate revenue. With osConcert seat booking software, you can create a complete, self-hosted booking system for both Reserved Seating and General Admission events.
Why Choose osConcert?
Complete Control: You own and manage the system entirely, without relying on third-party platforms.
Flexible Options: Easily set up reserved seating layouts or general admission tickets for any type of event.
Monetization Made Simple: Start earning immediately with built-in support for payment gateways like Stripe.
Affordable: Avoid the high costs associated with major ticketing platforms.
Scalable: Perfect for small venues, community events, or larger productions looking for a professional, customizable booking solution.
Customizable Features: Tailor the seating layout, ticket design, and payment options to suit the specific needs of your event.
How It Works:
1. Download osConcert software and set up your event.
2. Create and manage seating layouts with ease.
3. Integrate your Stripe keys for instant online payments.
4. Start selling tickets and earning revenue directly from your system.
With osConcert, you provide value to event organizers while maintaining full control of the process, eliminating the risks and legal hurdles of ticket reselling.
Conclusion
The idea of reselling reserved seating tickets for profit is feasible but comes with legal and market risks. A more sustainable and rewarding alternative is to manage your own ticketing system.
With osConcert seat booking software, you can quickly and affordably set up a comprehensive ticketing solution for any event. Whether you’re hosting small community gatherings or large-scale events, osConcert empowers you to create, manage, and monetize your own seat booking system effortlessly. This includes world class fast support all year round so you can rest assured any problems can be solved pretty quickly.
Take Action
Ready to take control of your ticketing business? Download osConcert today and start creating unforgettable events!
