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Reselling Tickets

Projected Income Around $500-$2,000/month
Costs to Start $1,000-$3,000
Time to Start 1-2 weeks
Category Reselling Things

Our Side Hustles Breakdown

Reselling tickets as a side hustle can be thrilling and highly profitable due to the significant markups on tickets for popular events. It also offers the flexibility of dealing with digital inventory. However, it’s not without its challenges: potential legal and ethical considerations surrounding ticket scalping, the risk of losses due to event cancellations or lower-than-expected demand, and the need to act quickly to secure in-demand tickets can be demanding.

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cons-icon Cons

  • Legal and Ethical Considerations: Some areas have strict laws against ticket scalping, and it can be controversial.
  • Risk: Event cancellations or lower than expected demand can lead to losses.
  • Time-Sensitive: Requires fast action to purchase tickets for in-demand events.

pros-icon Pros

  • High Profit Potential: Popular events can see significant markups on tickets.
  • Exciting Industry: Get involved with live events, sports, concerts, and more.
  • No Physical Inventory: Tickets are usually digital, so no need to worry about storage or shipping.
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Reviews

Steven Harolds
31 Aug 2023
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5.0 Available Work
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Review

Reselling tickets is a great way to make money, but it can also be a great way to lose money. Understanding what to look out for is critical to avoiding heavy losses or tickets that you will never be able to sell. Don't sleep on this fact!

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