Controversial Ways To Make Money On Ebay #2


It’s here NFL Super Bowl XLVII, did you get a ticket?

Last week I related a story about a seller on eBay who was making money online by selling Amazon products on eBay for a profit. It sparked quite a reaction on the comments so I thought I’d throw another controversial eBay money maker out there for you all to Judge.

Selling Sold Out Tickets

Whether it be for a concert, comedy show, sporting event or any other popular event, the resale of sold out tickets is something that has gone on in one form or another for generations. Since the invention of auction sites like eBay though, the issue seems to have found it’s way even more into the public eye as tickets are bought up on a mass scale by eBay and other online sellers only to be put up for sale on the same day at extortionate prices on eBay.

In last weeks post about the seller who was selling Amazon products on eBay, a lot of the commenter’s thought the practise was fair game. In general people felt that someone had inventively spotted an opportunity to make money and that if the buyer wasn’t willing to spend the time to find the cheapest product online it was their own fault and the seller should be free from blame. I wonder if the same thoughts will apply to the buying up of events tickets for resale at a higher price?

Justifying The Action

There are many lines of justification a ticket seller might take to defend his actions, here are just a few:

  • It’s Just Business ~ People buy things to sell on for a profit all the time, take the flipping of houses or cars for example.
  • Someone Else Would Do It ~ If I didn’t buy the tickets to sell on then somebody else would, so I might as well make the money.
  • Lazy Buyers ~ If buyers don’t make the effort to get online and buy the tickets in time that’s their own fault.
  • I Need The Money ~I have a family to support so if I see an opportunity to make some money I’m taking it.

It’s true that this sort of thing does go on all the time but does that make it right? Does the price of the ticket being sold make a difference, would you be happy to pay a bit extra for a ticket or is all ticket selling wrong?

Denouncing The Practice

I suspect most of the people faced with paying the inflated prices for these tickets might have a different opinion. In response to the seller they might argue:

  • It’s Just Business ~ I can buy a house or car whenever I like and from whoever I like, you are abusing the principles of fair business.
  • Someone Else Would Do It ~ It’s that attitude that causes the problem, more people need to take responsibility for their own actions.
  • Lazy Buyers ~I might have had an opportunity to buy a standard priced ticket had all the eBay sellers not bought them all first.
  • I Need The Money ~ I work long hours for low pay in a ‘reputable job’ and should not be taken advantage of by a few ruthless eBay sellers.

What do you think? Is it wrong to sell event tickets on eBay for an inflated price, or is it a legitimate way to make money online?

4 Responses to Controversial Ways To Make Money On Ebay #2

  1. Liquid says:

    If someone had special access to obtain tickets before everyone else, and they are not a licensed distributor, and there was no limit to how many they could buy/re-sell, then that would be a unfair business practice. But if they obtained the tickets at market price just like anyone else could and sell those tickets later for a higher price when it’s closer to the event then I think that’s fair game because they are taking on some risk to make an investment. Not sure if selling tickets at inflated prices is virtuous or not but in general I like to think the market should be the market. When money exchanges hands it’s usually good for the economy, but it has to done in a morally acceptable way.

  2. Matt says:

    On the whole, I think I come down on the side objecting to this, after all, they’re not actually providing a service or any value. I wouldn’t mind so much if it was only a little extra on top, but considering the massively inflated prices, it’s basically extortion.
    Luckily, the bands I like aren’t mainstream. They still sell out very quickly, but they’re all bought by fans like myself, so you rarely see them on Ebay.

Leave a Reply

Your email address will not be published. Required fields are marked *