VIPTIX
Through tickets, we help connect Fans, Friends & Family!
505 Main Street
Buffalo, NY 14203
716-847-8499 | 866-505-0573
VIPTIX.com

FOR IMMEDIATE RELEASE

NO SERVICE FEES PRICNG STRUCTURE

VIPTIX Moves To Be More Transparent with No Service Charges or Hidden Fees

Buffalo, NY (September 4, 2019 VIPTIX is announcing that they are moving towards a no service fees pricing structure.
“The consumer doesn’t want to be fooled,” says VIPTIX President & CEO Nick Giammusso. We decided to remove all service charges on VIPTIX.com. From now on, the price you see, is the price you’ll pay! No hidden fees. I always hated service fees. It was always our #1 consumer complaint. We were forced to implement a service fee pricing model when our competitors were publishing ultra-low ticket prices online only to sock their buyers with service fees on the back end. It appeared our tickets on our site were more expensive but it was the industry gimmick that forced our hand at including the fees.

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VIPTIX, is a ticket seller in the secondary market. The industry is predicted to grow to 15.19 Billion dollars in 2020. That’s right, FIFTEEN BILLION! It’s a marketplace that is becoming more and more transparent in recent years.There has always been a huge need to buy and sell event tickets.

Savvy consumers now have a choice when shopping for tickets. Buyers and sellers have found these online marketplaces to be efficient and safe to buy and sell event tickets online.

There is little doubt that transparency is helping to steer customers towards the secondary market where ticket prices are often less than the primary box office. Technology is playing a leading role. “VIPTIX will continue to offer their clients the best prices in the industry and now with no hidden fees.  We guarantee it.” said Nick Giammusso

About VIPTIX
Founded in 1993, VIPTIX is a ticket seller that is headquartered in Buffalo, NY. VIPTIX  was founded to help fans buy and sell event tickets. The VIPTIX website was one of the first online secondary ticket marketplaces in the world. VIPTIX was born to make buying and selling event tickets easy and affordable. We strive to treat the average fan like a true “VIP” and to provide the best customer service experience. Through tickets, VIPTIX wants to help connect FANS, FRIENDS and FAMILY no matter where you are. VIPTIX has sold over 2,000,000 event tickets. For more information about VIPTIX, visit its website at VIPTIX.com.
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There are so many misconceptions regarding the secondary ticket business. Let me address a few of the common misconceptions.

1. How many tix do you think ticket brokers purchased for the Paul McCartney concert? Answer: Less than 400 tix!
2. Why were tickets listed for sale prior to the pre-sale on broker websites? Answer: Brokers taking a calculated risk and entering speculative tix. (VIPTIX does not play that game)
3. We got shut out at the box office because of ticket brokers and bots! Answer: True there are ticket brokers that use bots (VIPTIX does not) but the harsh reality is demand far exceeds supply and it is especially true for this mega Paul McCartney show! Again, a very good estimate is that less than 400 or approx. 2% of the tix were bought by ticket brokers.
4. How can sites like VIPTIX.com or Stubhub offer so many tix to a sold-out concert? Answer: The average fan/ ticketholder now has an efficient means to resell their unwanted event tix. Again, sites such as VIPTIX.com and Stubhub link and provide a service for buyers and sellers.
5. Are Brokers bad for the industry? Answer: In my opinion, ticket brokers provide a much needed service in the industry. In the old days, once an event was sold-out there was no secondary market where the average fan could safely buy or sell tix. During my days in the Prime Seats Aud box office, I would field calls of clients looking to buy and sell event tix. I would exchange phone numbers of buyers and sellers. That was our Ah-ha moment and in 1993, that’s how we got our start in the business. Today, the process is so much more efficient and in my opinion, everybody wins.
6. Ticket brokers control the secondary market prices! Answer: Huge misconception! It’s Economics 101- supply and demand. There are many events on VIPTIX.com right now where our clients can buy tix for less than the face-value price offered at the box office. One great example is the One Direction concert next week at Ralph Wilson Stadium. Any Bills or Sabres season ticket holder can attest to how difficult it was to even give tix away the last few seasons.

Nick Giammusso
President & CEO
VIPTIX.com
505 Main St
Buffalo, NY 14203
nick@viptix.com