Zigabid.com Negotiable Marketplace

By: Cecilia Biemann - Published: Sep 20, 2008 • References: zigabid & springwise
Traditionally, buying tickets for concerts, sports events and theater has meant paying the set price for a given seat and show.

However, newly launched website Zigabid.com is dedicated to making ticket prices negotiable by allowing ticket buyers and sellers to interact directly with each other to determine a ticket's final selling price.

The website's process features Wall Street-style transactions, with a system of offers and counter-offers. Users are given real-time data showing fluctuations in a ticket's trading price, which can then be used to make an offer. Buyers and sellers go through a back-and-forth haggling process before finally arriving at a selling price.

It is free for both individual sellers and ticket distributors to list tickets on the site, however, for every transaction, sellers pay Zigabid a 15 percent connection fee and buyers pay 10 percent.

When the deal is done, tickets are then shipped to buyers overnight, backed by Zigabid's guarantee.

Zigabid also gives a portion of each transaction back to the entertainers--or to the charity of their choice. Stats for Online Concert Ticket Haggling Trending: Older & Chilly
Research: 2,051 clicks in 400 w
Interest: 4 minutes
Concept: Online Concert Ticket Haggling
Related: 21 examples / 16 photos
Segment: Males, 12-55
Comparison Set: 8 similar articles, including: rent anything online, mobile box office (mbo.com): order and recieve tickets on your phone, and education marketplace.