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How to Save Money on Concert Tickets?

Concert ticket prices are rising, but you can still enjoy live music without overspending. This guide offers strategies for budgeting, finding discounts, and timing your ticket purchase. Discover how Beem’s financial tools can help you manage your concert expenses effectively.
How to Save Money on Concert Tickets
How to Save Money on Concert Tickets?
Concerts are thrilling, but ticket prices can be steep. Learn how to save money on concert tickets with smart strategies and financial tools like Beem to manage your budget and enjoy live music without breaking the bank.

Concerts are exhilarating experiences that many music lovers look forward to, but high ticket prices can often be a barrier. Over the past decade, concert ticket prices have surged dramatically, with an average cost of $130 in 2023, according to Statista. This rising cost makes it essential for fans to find ways to save money on concert tickets. However, learning how to save money on concert tickets can make attending live shows more affordable. Whether you’re looking to see your favorite artists or discover new ones, finding concert ticket discounts is more important than ever.

By planning strategically, timing your purchases well, and leveraging available discounts, you can save money on concert tickets and enjoy live music without breaking the bank. In this guide, we will explore on how to save money on concert tickets, ensuring you get the best deals while experiencing the thrill of live performances.

Rising Concert Ticket Prices

The music industry has undergone significant changes regarding how gigs are priced. The demand for live events has skyrocketed while production costs have increased, contributing to higher entrance fee rates. Sometimes, VIP packages, dynamic pricing models, and limited availability add even more cost. This leaves fans often bidding exorbitant prices just to get a chance to attend the show. With growing ticket prices today, it is important that we employ tactics that will help us get the best offers and save money on concert tickets.

Why Do You Need a Budget For Entertainment?

Creating a separate entertainment budget is necessary. Without proper spending limits for such things as live shows, one may easily go overboard, especially with fluctuating ticket costs. A portion of monthly income should be dedicated to entertainment and stuck with it. You can save money on concert tickets by planning ahead and not overlooking other financial obligations while going to concerts. This will help you avoid last-minute buys and maintain financial stability.

Ticket Purchasing Options

Buying tickets for a concert can be done in several ways. Presales offer early access to fan club members or credit card holders, sometimes with special ticket allocations. General sales are open to the public and usually have more demand. Resold tickets are available on secondary marketplaces, but be cautious about fake ones and their exaggerated prices. To save money on concert tickets, explore all available options and compare prices across different platforms. Knowing these options will help you determine the most appropriate way of sourcing affordable tickets.

Timing Your Ticket Purchase

The time you buy your ticket may affect its cost. Let’s discuss when it’s best to make your move and how to save money on concert tickets.

Best time to buy concert tickets

Timing is everything in purchasing concert tickets. Research has shown that booking your ticket right before or right after the official sale can save you some cash. Prices go down just before the event date in instances where people who purchased extra tickets try to recoup their money. On the other hand, one can be left out if all the tickets had been sold earlier. To learn how to save money on concert tickets, it’s essential to stay informed about sales dates and monitor ticket availability closely.

Early Bird Discounts and Pre-Sales

Enthusiasts can also save money on concert tickets by taking advantage of early bird discounts and pre-sales. These offers are often made available for fans of a particular artist’s club or individuals who sign up for ticket merchants’ mailing lists. After that point, pre-sales usually set prices at less expensive than general ticket sales.

Last-Minute Deals and Ticket Releases

For risk-takers, last-minute deals can become an instant jackpot. Some venues release more seats closer to the concert dates at reduced costs. To learn how to save money on concert tickets, keep track of official ticket platforms and turn on alerts for any decrease in cost. This way, you can grab those last-minute bargains and enjoy your favorite concerts without overspending.

Weekday vs. Weekend Ticket Prices

Concerts held on weekdays are generally cheaper than those held on weekends. If you have some flexibility in your program, try watching shows between Monday and Thursday because they may attract lower charges than those performed on other days of the week, particularly by famous artists.

Peak Season and Off-Peak Season

Concerts during peak seasons, such as summer festivals, are usually more costly than normal times. If possible, schedule your concerts during off-peak periods. These events are often less crowded and offer a more intimate experience at a lower cost.

Read: How to Get a Refund on Non-Refundable Concert Tickets

Ticket Purchasing Platforms

The platform from which you pick to purchase your ticket can significantly influence the ultimate price you will pay.

Comparing ticket prices across platforms

Not all ticketing platforms are priced the same way. It may even be advisable for you to compare prices across different platforms to learn how to save money on concert tickets. At times, some of the smaller or lesser-known players may have better bargains than the major ones. Comparing prices helps you find the best deals and ensures you get the most value for your money.

Avoiding ticket scams and resellers

Be aware of frauds and resellers. Only buy tickets from official sources or reputable platforms. Scams are everywhere, and buying from unverified sellers could cause you to lose your money without receiving a genuine ticket. To learn how to save money on concert tickets while ensuring their authenticity, always stick to trusted sources and avoid deals that seem too good to be true.

Ticket fees and service charges

They can quickly add up, often inflating the total cost by 20% or more, depending on how they are calculated. Therefore, when making this important purchase endeavor, ensure that this is catered for in your budget. Some charge lesser fees than other known brands, so check it out before purchasing.

Loyalty programs and rewards

Most of these sites offer loyalty programs where frequent buyers get rewarded. They do provide discounts, while others offer early access to tickets among exclusive offers for clients who sign up with them.

Mobile ticketing options

At present, mobile ticketing is becoming commonplace, with its convenience benefits and sometimes reduced costs. If using a mobile ticket is an option, some platforms offer discounts, which should be considered during the acquisition process. To learn how to save money on concert tickets, explore mobile ticketing options that may provide additional savings and convenience.

Finding Discounts and Deals

How to Save Money on Concert Tickets

Besides being a smart shopper, you can do other things to get discounts on concert tickets.

Student, military, and senior discounts

Many ticket vendors offer student, military, and senior citizen discounts. The percentage of these discounts varies between 10% and 50%, depending on the event and vendor. It is important to confirm whether you qualify for any of these discounts before purchasing such tickets.

Group discounts and package deals

When you go to a concert with your friends, taking advantage of group discounts is a great idea! Look for package deals that can save money when buying tickets together. These bundles often come with extra benefits, like parking or cool merchandise. Enjoy the show!

Contests and giveaways

Contests and giveaways offer free or discounted tickets. To stay updated, follow your favorite artists, venues, and ticket platforms on social media. This way, you won’t miss any opportunities!

Ticket exchange platforms 

These platforms let you buy or sell tickets at face value or less. You can find last-minute deals or sell unwanted tickets. It’s beneficial for everyone!

Credit card rewards and perks

Certain credit cards offer rewards or benefits if you buy concert tickets with them. These may range from money-back rewards to discounts or access to exclusive pre-sales, among others, offered by your card issuer itself.

Additional Saving Tips

Apart from ticket purchases, several strategies can teach you how to save money on concert tickets while enjoying the concert experience to its fullest. Implementing these tips can help you minimize costs and make the most out of your live music adventures.

Budgeting for transportation and accommodations

The cost of attending a concert might shoot up because of transportation and accommodation expenses. Plan for it by looking out for budget-friendly options. Carpooling, public transport, or booking accommodation early enough will help minimize these costs.

Exploring free or low-cost concerts

Some concerts do not have hefty price tags. Many cities offer free or cheap concerts, especially during festivals or community events. These allow one to enjoy live music without spending much.

Sharing costs with friends

Sharing expenses such as transport, hotel rooms, and even buying tickets together can help people save some cash when going to a concert. As friends split the costs, it becomes more affordable.

Selling unwanted tickets

If you have a ticket for a concert you can’t attend anymore, you can sell it on a ticket exchange platform; this way, you’ll get back your money and probably help someone else save on their ticket amount.

Considering alternative entertainment options

Sometimes saving money means finding other things that will keep you entertained apart from what’s common in the market today, such as local music venues or smaller shows or watching through streaming services where artists perform live from home, thereby giving almost similar satisfaction but at low prices still.

Conclusion

Plan strategically to save money on concert tickets, time your purchase well, and take advantage of discounts and offers. By budgeting for entertainment, comparing ticket costs, and buying from different sources, you can enjoy live music without overspending.

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FAQs

When is the best time to buy concert tickets?

Getting your tickets during pre-sales is generally most advisable since this guarantees a wide range of choices and probably lower prices. Nevertheless, if you wait until closer to a performance, you may end up paying less due to poor ticket sales.

How can I avoid ticket fees?

Ticket fees can escalate quickly. To reduce these expenses, look for official ticketing websites since they have lower charges than third-party platforms. In addition, where possible, one can opt to buy tickets directly from the box office at the venue.

Are there any free concert websites?

While there are no sites entirely dedicated to free concerts, many cities and parks offer outdoor shows that are free of charge throughout the summer months. Look at local calendars or listings in venues that play music or community centers near you; alternatively, listen out for ads on some radio stations or visit certain music blogs about giveaways or gratis performances, among other things.

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Author

Picture of Allan Moses

Allan Moses

An editor and wordsmith by day, a singer and musician by night, Allan loves putting the fine in finesse with content curation. When he's not making dad jokes or having fun with puns, he's constantly looking to tell stories out of everything.

Editor

This page is purely informational. Beem does not provide financial, legal or accounting advice. This article has been prepared for informational purposes only. It is not intended to provide financial, legal or accounting advice and should not be relied on for the same. Please consult your own financial, legal and accounting advisors before engaging in any transactions.

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