Thursday, November 18, 2010

Ticketmaster Must Die

Ticket fees, what a rip-off. Information technology is supposed to radically reduce transaction costs. $10 of transaction costs (ticketing fee, service charge, convenience fee, blah, blah) on a $28 ticket is insanely inefficient. I would love to see Google or Amazon attack this business. There is so much fat, as an efficient, high-volume player, they could easily take 80-90% of the cost out, cut off Ticketmaster's oxygen supply, and still make money.

Or, if Microsoft wanted to do something interesting and seize some high ground in consumer mindshare...

4 comments:

  1. There are lots of alternatives out there but Ticketmaster have a strong hold. Check out www.tickettailor.com. It's a totally fresh approach, charging zero booking fees.

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  2. Wishing Ticket Tailor the best of luck.

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  3. Totally hate ticket fees and will do just about anything to avoid them including driving to Mpls to a box office to buy in person!

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