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Orange Blooded [4572]
TigerPulse: 100%
Posts: 3142
Joined: 9/4/03
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Stubhub (fees)
Aug 20, 2016, 8:17 PM
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While browsing the season tickets on Stubhub (both game tickets and parking passes)I noticed that Stubhub was adding on a 15% - 20% fee. I couldn't figure out exactly what they were charging this fee for, but it was several hundred dollars for $2000 in tickets.
Anyone else notice this? I'm trying to understand what it is they're doing for this fee other than just normal brokering of a transaction.
Here's a specific example: 2 season tickets for $1798, has a $370.10 fee tacked on, for a total price of $2,168.10. Nope, nope, nope. They're adding that same high % fee to the parking season tickets too.
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Orange Blooded [2877]
TigerPulse: 100%
Posts: 3857
Joined: 11/19/11
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Re: Stubhub (fees)
Aug 20, 2016, 8:20 PM
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Because they can, a handling fee
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Heisman Winner [111651]
TigerPulse: 100%
Posts: 73788
Joined: 9/10/03
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Re: Stubhub (fees)
Aug 20, 2016, 8:22 PM
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it is so their CEO can drive expensive cars.
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110%er [8118]
TigerPulse: 100%
Posts: 3485
Joined: 2/14/12
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I think it's called "the cost of running a business". Have you ever done business with StubHub?
Aug 20, 2016, 8:24 PM
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Most efficient bunch of people I've done business with. Never a "recording" when I call them. Been top notch every time with me.
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Orange Blooded [4572]
TigerPulse: 100%
Posts: 3142
Joined: 9/4/03
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Actually
Aug 20, 2016, 8:33 PM
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Yes. I've used Stubhub several times... but none in the past year. What I've discovered is that the way they display their fees changed. Last year, you saw the full price with fees immediately. Now, they show the seller price, then add the fees at the checkout screen. I don't think their fees have changed, just my perception of them has changed (I noticed).
As to the "cost of running a business", my take is this: There is a point at which your margins get so high that you're losing more business than you're making in profit with the high fees. As a consumer, I feel the fee is ridiculously excessive and won't be buying tickets on Stubhub. Their technology is impressive and that ain't cheap. But for my dollar, I'll be looking at lower cost alternatives like the TNet ticket forum.
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Letterman [270]
TigerPulse: 97%
Posts: 292
Joined: 7/25/99
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StubHub prevents #### shows like that crazy
Aug 20, 2016, 9:05 PM
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##### from Greenville that scammed so many people here. StubHub guarantees the tickets on their site. That's worth the fees alone.
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All-In [40100]
TigerPulse: 100%
Posts: 18284
Joined: 10/28/15
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Same with vividseats they charge it Bc they can
Aug 20, 2016, 8:27 PM
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And they want to make money.
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CU Guru [1239]
TigerPulse: 83%
Posts: 2078
Joined: 7/14/13
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Re: Stubhub (fees)
Aug 20, 2016, 8:47 PM
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I'll still buy my Tickets off stubhub. Way cheaper than the greedy on this site!
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Orange Blooded [3353]
TigerPulse: 100%
Posts: 3737
Joined: 7/18/09
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Someone needs to bring this issue up to
Aug 20, 2016, 9:21 PM
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Hillary and The Donald as the election approaches.
I expect Hillary would say it's very very bad for these companies to make a profit at our expense and she would promise she will not allow this to continue if she is elected president. The Donald would say it appears they've got a sound business model and he would encourage us to buy their stock so we can profit from it too. Bernie's gone now, but he would have said free tickets for everyone. 
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Orange Blooded [2597]
TigerPulse: 83%
Posts: 3567
Joined: 11/30/98
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Re: Someone needs to bring this issue up to
Aug 20, 2016, 9:52 PM
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Hillary would say it is fine as long the feds get 50%. Share the wealth!
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