π«Secondary Ticket Marketplaces
The main figure we need to focus on is the payout. This is the figure you will receive once your tickets are sold, as long as this figure is more than what the ticket cost, then you will make profit. When you list your tickets on either site you will get a breakdown of your fees and your payout before you list your tickets.
You will need to monitor the market and adjust the prices to what the current prices are on both website, as they can fluctuate. For both sites, payout is 8 to 21 days after the event. Please note you cannot sell tickets on eBay or Facebook Marketplace. They will remove the tickets straight away.
Once your tickets have sold on one of the sites you need to make sure you confirm the sale within 24 hours. If you don't Viagogo / Stubhub will automatically cancel the sale and fine you the difference to replace the tickets elsewhere. (This is very important!)
From what we understand fines can vary, there is no set percentage or figure that these marketplaces use.
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