Coldplay Ahmedabad concert tickets sold out in minutes, black market resale prices skyrocket
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Coldplay |
Coldplay concert tickets for the Ahmedabad show that went on sale at 12 noon were sold out in minutes. The show will be held at the world’s largest cricket stadium – the Narendra Modi Stadium.
The waiting room on the booking site, BookMyShow, opened at 11 am. A message was displayed on the site stating that users would be placed in queue once the ticket sales were live. It also mentioned that the queue position would be determined by an automated randomisation system. Importantly, waiting longer in the waiting room would not guarantee a better position in the queue. Additionally, users could book a maximum of 4 tickets per person for the Coldplay Ahmedabad show.
Many people entered the waiting room as early as 11 am, and as soon as the ticket sales went live at 12 noon, they were placed in the queue. However, some users were placed in long queues with positions like 242270, 438744, and 592908.
Within the first 10 minutes of the tickets going live, the South Premium Center Bay 2 (priced at ₹12,500) – the highest-priced ticket on BookMyShow – was sold out. Similarly, the tickets priced at ₹4,500 were also sold out in the same short time.
As the tickets went live, black market sales started almost immediately on another online platform. Surge pricing was observed, with the South Premium tickets now being resold for as high as ₹1,39,821, up from the original price of ₹12,450. This pattern had been observed at earlier concert shows, where black market sites began reselling tickets with inflated prices, reaching up to ₹2 lakh.
Is this a new business trend? Will people continue to do this? It seems that the fan has no chance of purchasing tickets before they are sold out, simply because the black market is scooping them up so quickly. How are they able to get these tickets so early? And is the official ticketing partner planning to take any action against this? Only time and authorities will tell.
Notably, the band has added an additional show on January 26, the tickets for which went live at 1 pm.
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