PRESS RELEASE: “Secondary Ticket brokerage, HiLo Tickets, is gaining steam”
WILTON, CT (HiLo Tickets) November 11, 2011 — This afternoon, HiLo Tickets announced the results of its fourth public auction. For auction was a General Admission Avicii ticket to the artist’s highly-anticipated New Years Eve, New York City concert at Pier 94. These tickets are currently retailing on StubHub for $290 per ticket.
The final and decisive bid for the Avicii auction was $32.65, and was placed by user “suaves.” “Suaves” is the alias of Ryan Z. from Ft Lauderdale, FL. Ryan used 129 total bids before finishing as the “high” bidder when the timer expired.
The final auction price of $32.65 is an 89% discount from the current retail price. Including the money that Ryan Z spent on his auction bid credits (valued at $57.50), Ryan Z saved 54% on this sold-out event.
All users who participated in the auction, used bid credits, and did not win, were reimbursed immediately per HiLo’s “Money Back Guarantee.” These users will be able to apply the monetary value of their exhausted bid credits towards any ticket purchase from the site’s inventory. For example, a user that spent $50 on bids and did not win can now acquire a $50 ticket from the site’s “Buy it Now” inventory for no further cost.
Tickets for the Avicii concert were originally made available to the public through AtNight Management; however, they sold out immediately.
HiLo announced today that it will launch its next auction immediately, due to the recent success of the most recent auction. For further details, please contact Robert Perez.
About HiLo Tickets:
HiLo Tickets is a primary + secondary ticket broker. The tickets that they sell through their “buy now” inventory are guaranteed but the source of them is undisclosed, and though the tickets they sell are not always owned by HiLo, they are guaranteed to be delivered and valid through the company’s 100% money back guarantee. HiLo does not require a reserve price to be met through their auctions, nor does it permit shill bidding by its customers.
HiLo Tickets, LLC
Robert Perez, 914-643-6779