Comment on Crosspost: Beyoncé selling "only listening" tickets
Zorque@kbin.social 1 year agoAh yes, no scalper is going to want to make buy up expensive tickets.
The problem with supply/demand trends for such limited availability is that unless you price astronomically high, theres going to be more than enough people willing to throw their money at it, even if they have to sell a kidney to do it. Its more than just basic market forces, its social trends and hysteria from hype.
At a certain point you have to ask "are they doing it to provide a service, or just making as much money as they can, because that's all they really care about?" Because at a certain level, those two options are no longer compatible.
JohnEdwa@kbin.social 1 year ago
They will try, but if the prices are already high then they won't be able to sell them nearly as easily or gain as much profit.
And even if we abolished scalping and it would bring the prices down a bit, it wouldn't actually solve the issue - like how nVidia noticed last gen that there were enough people that were willing to pay ridiculous amounts for the scalped GPUs, so now they increased the prices themselves to that level. It just made it happen faster than normal as they could gauge the markets easier.