Wednesday, March 21, 2007

Consignments

If you are brokering Major League Baseball tickets, you are probably getting your season tickets this week. Ours have been coming in. This is actually one of busiest times of the year. Not just because MLB sales are picking up, but we have to ship out all of the early sales. Yesterday, for example, we packaged 43 envelopes. It can be time consuming just to tear the tickets apart, make sure you have the right section, the right number of seats, the right shipping label and double checking it all. I will be very happy when I get everything consigned.

I have been asked a couple of times how we deal with the juggling of tickets coming in, fulfilling early sales and consigning. Keep in mind we primarily are selling MLB tickets through Stubhub.
We keep good records of everything that has been sold. I have all of my sale confirmation emails in folders by team. Stubhub’s online system allows you to see all of your transactions waiting shipments on a team by team basis. When we get our tickets for a specific team, we print out all the transactions, generate the shipping labels from Stubhub, double check and start stuffing Fedex envelopes.

We could immediately consign them and let the Stubhub field offices send them out, but doing it ourselves gets the money in our account a week earlier. For us that means several thousand dollars.

As soon as we ship all of the early sales, we immediately Fedex the packages to the appropriate field office. As much as we can, we try to send other tickets in the Fedex packages to save on shipping cost. From this point on all we do is forward out sales confirmation emails to the field offices. Very easy. I will let Stubhub burn through their own printer cartridges.

It is a pain to go through this period, but this is only for about two weeks a year. The rest is click, click, click.

We have had a lot of baseball topics recently. Don’t worry, we have several other topics coming on the horizon. It is a busy time of year for baseball so we need to focus on it for now.

To learn how to make money being a ticket broker, visit www.MyTicketBiz.com

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