What is the average cost of concert tickets

Likewise, you might be able to save money on concert tickets for shows set to take place in the middle of the week. Some people swear by securing great prices on concert tickets by waiting until the very last minute.

But there is also something to be said for buying concert tickets well in advance. Codes to find great deals on tickets that you buy long before a show is scheduled to take place. By , almost every concert tour had adopted the tiered system of ticket pricing, as evidenced in the dramatic 18 percent jump in the average price of a concert ticket that year. Other industry watchers note that consolidation in the concert industry, along with ever increasing service charges and facility prices, is helping to fuel the rise in ticket costs.

Scher says he thinks that concert tickets prices have increased to the point where attending a musical event has become more of a luxury item for many Americans. And though that might be the case, he doesn't see that trend decreasing any time soon. We'll notify you here with news about. Single Accounts Corporate Solutions Universities.

Premium statistics. Read more. In , it cost an average of This marks a substantial increase from , when a gig ticket cost just over 78 dollars. However, as these prices are averages, they do not necessarily reflect additional costs, which can vary wildly according to venue, seating type and the artist themselves.

Another factor which can influence ticket prices is the seller. Online ticket resale marketplaces such as ViaGoGo have often come under fire for advertising tickets at vastly inflated prices, and a proliferation of unofficial sellers means that buyers are often charged more than the tickets were worth in the first place. The leading music promoter worldwide in was Live Nation, which sold a total of Live music: an expensive but addictive hobby Despite rising ticket prices, consumers with a taste for seeing their favorite artists play live appear relatively unfazed by cost.

In , the number of music tour tickets sold worldwide amounted to Naturally, the number of tickets sold depends on a variety of factors, including which artists or bands are playing that year, the type of tour an entertainer is offering e. Many artists have achieved fame and popularity on a global level, with their tours generating hundreds of millions of dollars. In , the most successful music tour worldwide based on gross revenue was that of Ed Sheeran, with a gross revenue of over million U.

For globally renowned artists like Ed Sheeran, Pink, Foo Fighters and Taylor Swift, it is probable that new and existing fans will continue to pay to see their idols play live, whatever the cost. You need a Single Account for unlimited access. Full access to 1m statistics Incl.

Single Account. View for free. Spending some on a simplified but comprehensive platform could save your day. A leading software can help you automate the concert cost breakdown tasks you do every day and integrate your systems to perform those tasks into a consolidated platform.

It can keep track of all of the details so you can spend more time doing what you love. Instead of wasting time on data entry, spreadsheet management, phone calls, emails, and texts to manage rider requests, deposit tracking, and budgeting, you can book more shows.

The software can integrate with the ticketing platform, for instance, to update financials in real-time. You have instant access to exactly how well tickets are selling to make more informed decisions sooner. You can forget about manual reports, phone calls to the ticketing company, and waiting until the day of the show to know the break-even.

Go for technology that brings all the budgeting tasks together under one solution and automates it, like Prism. Integrating your efforts into Prism will save you money while increasing productivity, efficiency, and organization.

Get started now. Wondering how to promote a concert to get more people in the door? It involves booking talent, securing venues, and marketing…. Ditch the Spreadsheets with a Show Management System Are you looking to up your game in the live event management industry?

By now, you might be using business event management software to run your venue or events, or at least you should be. Long gone are the manual processes…. Schedule My Demo. Artist Artists often get the bulk of the ticket sales.