Except it’s not an auction site: everything’s for sale at fixed prices, though sellers have the option to change them.
The company is a go-between: it is not a ticket brokerage or seller itself.
It makes its money by charging both buyer and seller a commission.
In one respect, it goes eBay one better: if the seller fucks you over, the site will get you equivalent seats. That’s their guarantee.
Very nicely done site, simple, obvious, and easy to use.
For example, I just had a look at Prince tickets for Saturday night, August 14, in Washington, D.C.
Sure enough, tons of tickets, prices all over the map.
Nice touch: a seating chart for each venue for which tickets are being sold, that you can print out to see where exactly the various seats available are located.
For $236 a ticket, you can sit in Section 1, right down on the center stage level where Prince and his band will be performing. Nice.
William Grimes, who wrote the Times story, was sure pleased with the site: he bought two tickets for Madonna’s show next Wednesday at Madison Square Garden, Section 336, Row H, for a total of $139.75.
That consisted of $59 apiece for the tickets ($118), shipping via FedEx ($9.95), and stubhub’s commission (10% of the purchase price of the tickets = $11.80).
Oh, yeah, I almost forgot: the original price of his tickets was $94.50.
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