With Drake being one of the biggest music stars in the world, tickets to his concerts are always in high demand. When Ticketmaster releases tickets for a Drake show, they typically sell out very quickly. This leaves many fans looking for ways to get tickets after they initially go on sale. One way to do this is by reselling Drake tickets you were able to purchase on Ticketmaster. Here is a guide on how to resell Drake tickets you bought on Ticketmaster.
Check if Reselling is Allowed
The first thing you need to do is check if reselling is even allowed for the Drake tickets you purchased. Many major concerts and sporting events now use paperless ticketing, which means the tickets are non-transferable. The original purchaser must be present with their ID and payment card they used to purchase the tickets. This prevents people from reselling tickets at inflated prices.
To check your Drake tickets, you simply need to log into your Ticketmaster account and view your upcoming orders. Click on your Drake ticket order and it will bring up all the details. Here you can check the transfer policy for the tickets. If it says no transfers allowed or paperless tickets, then you unfortunately won’t be able to resell them.
If transfer is allowed, it will specify how transfers can be done. It may require using Ticketmaster’s official resale platform or allow private resale.
Decide on a Resale Marketplace
If you are able to resell your Drake tickets, the next step is deciding where you want to list them. Here are some of the most popular options:
Ticketmaster Official Resale – If your Drake tickets are transferable on Ticketmaster, this will likely be a good option. It keeps everything within Ticketmaster’s system including payments.
StubHub – One of the largest ticket resale sites. Easy to list tickets and a wide buyer base. StubHub charges sellers a commission on each sale.
Vivid Seats – Similar to StubHub, this is another big online ticket marketplace. Also has seller fees but tends to have high sales volume.
Craigslist – The classifieds site allows event ticket sales. It’s free to post tickets, but can be higher risk selling to strangers.
Facebook Marketplace – Facebook’s classifieds section can be good for local ticket sales. Look for relevant local groups to post your tickets.
eBay – Auction site that allows event ticket sales. Provides buyer/seller protections but also charges fees.
Consider transaction fees, buyer protections, and audience size when deciding where to list your Drake tickets. Often listing on multiple sites is wise to maximize interest.
Price Your Drake Tickets
An important factor in reselling tickets is deciding what price to ask. Price too low and you lose out on profit, but go too high and they may not sell at all. Here are some tips on pricing Drake resale tickets:
– Check current ticket prices on your chosen resale site(s) – See what comparable Drake tickets are currently listed and selling for. This gives you an idea of fair market value.
– Consider the original ticket price – How does your ask compare to face value? Too high above may turn away buyers.
– Factor in fees you will pay – Platform seller fees, payment processing fees, etc should be considered to maximize profit.
– High demand shows can often command higher pricing – If it was a tough ticket that quickly sold out, more buyer demand typically allows higher pricing.
– Adjust price downward as event nears if unsold – You may need to incrementally drop the price as time passes to sell.
– Popular section/row desirability affects price – Better seats can usually sell for more.
Getting the right price is important so check current ticket sales data, demand factors, and fees to optimize pricing.
List Your Drake Tickets
Once you decide on your resale platform(s) and price, it’s time to create the listings. Here are some tips for listing your Drake tickets to sell:
– Provide key ticket details – Seat location, row, section, seat numbers, gate, etc. The more details the better.
– Note ticket transfer method – If using Ticketmaster resale say “Ticketmaster transfer”. For others, clarify digital or overnight delivery.
– Use good photos of the tickets – Show buyers proof you actually have the tickets and show seat info.
– Highlight desirable factors – Mention great seats, sold out show, high demand, etc.
– Be responsive to questions – Quickly answer any questions potential buyers may have about the tickets.
– Avoid typos and errors – Double check your listing for any issues before posting.
The more appealing you can make your Drake ticket listing, the more interest it will generate from motivated buyers.
Complete the Drake Ticket Sale
Once you get interest and agree on a deal, it’s time to complete the ticket sale. Here is the general process:
– Agree on payment method – Many sites facilitate secure on-platform payments but you can do PayPal, etc. Get paid before transferring tickets.
– Formally transfer tickets – Use Ticketmaster’s transfer function or send PDF tickets after payment.
– Provide proof of transfer – Forward the ticket transfer confirmation email as proof to buyer.
– Leave positive feedback – Once complete, leave your buyer positive feedback on the resale platform.
– Get your payout – Most sites will payout sellers automatically or on request once tickets are sold.
Make sure to follow all site rules throughout the process and be transparent with your buyer. This helps ensure a smooth transaction.
Frequently Asked Questions
Here are answers to some common questions regarding reselling Drake tickets on Ticketmaster:
Is reselling tickets legal?
In most cases reselling event tickets is perfectly legal in the United States. Some states have specific rules regarding ticket resale, but broadly speaking you can resell tickets you have purchased. However, venues and ticket sellers like Ticketmaster can implement restrictions like paperless ticketing that prohibit transfers. Always check your specific ticket’s resale policy.
What are the fees for reselling on Ticketmaster?
If you use Ticketmaster’s official resale platform, there are typically no seller fees unless your tickets sell. They charge around 10% of the resale price as commission. Other popular resale sites like StubHub tend to charge seller fees upfront to post tickets in addition to a final value commission.
Can I sell e-tickets or PDF tickets?
Most major ticket resale platforms have no issue with e-tickets and PDF tickets. In many cases tickets are automatically transferred electronically between buyer and seller accounts. Hard tickets are less common nowadays. As long as you provide proof of tickets through showing the PDFs, e-ticket transfer, or ticket site account access, digital tickets are standard.
What if my Drake tickets don’t sell?
If your Drake tickets fail to sell on the secondary market, you unfortunately still own them and are out the money you originally paid. Most sites won’t refund your seller fees either. You can always try lowering prices as it gets closer to the event to recoup some costs. Or you can attend the show yourself or try selling locally via Craigslist.
How much profit can I make reselling Drake tickets?
It’s hard to predict exactly what profit you may make reselling Drake tickets. Very high demand and hard to get tickets can sometimes double or triple in resale value from face value. But for many shows, selling for 25-50% above face value is more realistic. After deducting fees, you may clear $50-100+ profit per ticket if you get decent seats. Front row or VIP could net $200+ profit each.
What are the risks of buying resale Drake tickets?
There are some risks buying Drake resale tickets to be aware of. Mainly potential scams with fake or invalid tickets. Stick to reputable, protected marketplaces to avoid fakes. Also if tickets are non-transferable from the original buyer, you can be denied entry. Meet in-person locally instead of digitally transferring to verify tickets. Most sites offer buyer guarantees against invalid tickets. There is also the small risk show details could change after buying.
Tips for Reselling Drake Tickets
Here are some top tips for successfully reselling Drake tickets on Ticketmaster or other platforms:
Tip | Details |
---|---|
Verify transferability before purchasing | Check Ticketmaster ticket details to confirm reselling is allowed. Avoid paperless tickets. |
Sell quickly once listed | Interest declines over time so sell as soon as possible. |
Price 10-20% above comparable sales | See what other similar tickets are currently selling for and increase slightly. |
Include seat details and photos | Provide evidence you actually have the tickets to improve buyer confidence. |
Consider VIP packages to raise value | VIP amenities boost ticket’s perceived worth substantially. |
Leverage scarcity marketing | Note limited quantity and high demand to prompt action. |
Sell on multiple platforms | Cross-list tickets on several sites to increase selling odds. |
Reselling Drake Tickets Checklist
Here is a quick checklist of the steps to follow when reselling Drake tickets purchased on Ticketmaster:
1. Confirm if transfers are allowed – Check Ticketmaster account for restrictions.
2. Pick resale platform(s) – Ticketmaster, StubHub, Vivid Seats, eBay, Craigslist, Facebook.
3. Price tickets based on current sales data – Check comparable active listings and sales.
4. Write a strong ad listing all ticket details – Row, seat, section, photos, gate, etc.
5. Field inquiries and negotiate sales – Respond quickly and confirm buyers are legitimate.
6. Get paid before transferring tickets – Use secure on-site payments when possible.
7. Formally execute ticket transfers – Via Ticketmaster or PDF delivery on other platforms.
8. Provide ticket transfer proof – Forward confirmation emails and screenshots.
9. Leave feedback for buyer – And get payout from the resale site.
Follow these steps when reselling tickets to Drake’s shows for the best experience and maximum profit.
Conclusion
Reselling event tickets can be very lucrative if done properly. Drake is one of the most in-demand artists globally, so his tickets will always command premium resale pricing. Hopefully this guide covered the key factors around successfully reselling Drake tickets originally bought on Ticketmaster. The most important aspects are verifying transferability, realistically pricing based on demand, listing on reputable sites, and securely completing the ticket transactions. Use this as a blueprint when reselling any event tickets in the future as well.