True Tickets Announces Successful Trial of Rules-Based Resale Functionality
August 05 2024 - 10:00AM
In advance of the Tessitura Learning and Community Conference, True
Tickets, the secure digital ticket delivery service for the live
events industry, is proud to announce the first successful trial of
its rules-based resale functionality. This groundbreaking
capability will enable True Tickets partners to both control and
monetize the resale of their tickets by their patrons, defining a
new vision for an ethical and transparent secondary ticket market.
Unauthorized resale of tickets has become an increasingly
challenging issue, causing headaches for both ticket issuers and
patrons. True Tickets’ rules-based resale capability addresses this
by offering a multichannel resale distribution option for ticket
issuers that maximizes value for all parties involved. This
innovative solution, recently trialed with real event tickets at a
True Tickets Tessitura partner, simplifies the resale process,
providing a seamless experience for authorized resellers and
ensuring fair pricing and legitimate transactions for patrons.
"This capability will be a win for both ticket issuers and
patrons," said Matt Zarracina, CEO of True Tickets. "By creating
visibility into every step of the transaction and giving the ticket
issuer control, we are setting a new standard for ethical ticket
resale.”
True Tickets’ rules-based resale functionality is built on the
company's innovative rules engine, offering unmatched flexibility
and control for ticket issuers. True Tickets partners will be able
to set specific rules for resale of the tickets they issue at
various levels, including event, ticket type, and specific patron
ensuring each ticket is delivered with the appropriate permissions
and options.
For patrons who want to resell their tickets, the current resale
process can be frustrating, with confusion over where to list
tickets, how much to list them for, and dealing with multiple sales
channels. True Tickets’ solution removes these burdens, offering a
simplified process that connects patrons with over a dozen
marketplaces in an easier, direct way. This results in
significantly less hassle and maximized value for patrons.
For the nonprofit arts sector, this solution offers a way to
balance accessibility with financial sustainability. True Tickets’
ethical resale functionality ensures that discounted tickets remain
available to their intended audiences without being exploited by
bad actors. This new capability supports nonprofit organizations in
maintaining their mission of providing affordable access to the
arts while working with resale marketplaces.
For the for-profit sector, including major events like concerts
and Broadway shows, this functionality provides a method to embrace
the benefits of ticket resale marketplaces while maintaining
visibility and control over ticket distribution, data, and pricing.
Ultimately, this capability helps ticket issuers and content
creators to maximize revenue while managing demand.
True Tickets’ rules-based resale functionality, which is
expected to be available to its entire community of clients in Q4
of this year included as part of its base service, represents a
significant advancement in ticketing technology, offering a
comprehensive solution that balances control and distribution. This
launch positions True Tickets at the forefront of the industry,
providing unparalleled configurability and ethical standards in
ticket resale.
About True TicketsTrue Tickets is a secure
contactless digital ticketing service that puts venues and event
organizers in control of their tickets and in communication with
their true audience. Currently available to Tessitura Network
members, True Tickets' business-to-business solution integrates
with primary ticketing systems, empowering its partners to leverage
the advantages of digital-native tickets to ensure extraordinary
live experiences for their guests. With True Tickets, ticket
issuers can set rules and track ticket custody, limit the excesses
of the secondary market, and restore direct relationships between
their audiences and the live events they love. For additional
information, please visit True-Tickets.com or follow True Tickets
on Twitter or LinkedIn.
For media inquiries:
Crystal Henderson
The Press House
crystal@thepresshouse.com