The mobile technology company FlipTix has announced a partnership with the live event company Stage Left Entertainment to allow concertgoers to “flip” their tickets if they leave a show early.
According to FlipTix, 30 percent of attendees leave a show early, which means fans have the ability to gain access to a concert after another fan leaves. By using FlipTix, ticket holders can take their now-vacated seats and “flip” them for re-purchase.
Guests just have to press “I’m Gone” in FlipTix’s mobile app, letting fans outside know that a ticket is available. Then, based on the time remaining at the event, prices will be set and the seller can receive remuneration in the form of cash, credit, merchandise, or gift card.
“We’re excited to partner with Stage Left Entertainment, as they are producing events around the country,” FlipTix founder Jaime Siegel saidx in a press release. “For concert venues, it’s really a ‘no-brainer’, as “flipping tickets” opens up additional revenue streams, including food and beverage, souvenirs, parking, etc. But we created FlipTix for the concert-goer, to make their event experience as memorable as possible.”
While details have not been announced yet, Stage Left Entertainment’s first FlipTix ticketed festival will take place next spring.
“Partnering with FlipTix is smart business for us,” Stage Left Entertainment’s Nick Abate said in a statement. “Now, for every show or festival we produce, we can give this option to ticket-buyers making shows even more accessible.”
Previously, FlipTix has partnered with KAABOO-Del Mar music festival. The event, which featured headliners like Foo Fighters, Imagine Dragons, and Katy Perry, was the company’s first festival launch. Additional partnerships will be announced in the coming weeks.
For more information about FlipTix, visit their website.