In today’s blog post, we will take a quick dive at how ticket resellers are bridging the gap to better journeys, Stay glued!!!
What is Ticket Reselling
Just like event ticket selling is done before having access to entry to the event or someone posting about the tickets on Twitter and providing a link to enable people to read details about the event and buy their tickets without the need to be present at the location. The only action they need to do is provide a code, and access is granted.
What do All of this have in common? Comfort. The reseller is selling comfort and easy access. Let’s pause to think about the following:
- Think about the last time you purchased an event ticket online and offline
- Think about the experiences you had for both and share your view
- Think about the last time you bought a travel ticket online
- Think about the experiences you have and how you can provide these same experiences to people who you feel need this.
Why all of this?
I want us to slowly change the narrative of “Do you need to be at the park to purchase tickets?” What if all you have to do is walk outside your gate to the next shop and purchase your travel ticket for you and your family, you can also get a free pickup from your location. Or what if you resell tickets and create this Wonderful experience you can imagine for people?
Let’s get in,
What is ticket reselling? We will be talking about transport ticket reselling. Ticket reselling is the ability to provide some services for customers, you will enable them to have access to interstate travel services from their most secure place and not some rowdy park like Jibowu. Ticket reselling provides a pleasant experience for individuals to walk in and buy bus tickets from you for their next long or short trips.
Related: How to Enjoy Your Intercity or Interstate Trips By Road in Nigeria
Why Reselling Transport Tickets is a Lucrative Business
If you look closely, we have repeatedly mentioned several values provided. Let’s go over it.
- Pleasant experience: The usual approach to buying tickets is walking in at the park, hearing the shout of several people trying to drag you into a bus that you have no issue with, and then when you find what suits you, you have to be extremely careful if you are not late or the morning bus you were trying to get as left you, All this is as a result of the entire dragging happening at the park. But now, what if you don’t have to go through this hassle or as a partner create a more pleasant experience for this traveler? An experience that lets the traveler buy a ticket from you, and you offer good customer services with the support of an experienced team to make sure your customer reaches the pack and gets onboarded without any dragging or even gets better if your customers pick up from a departure point, this is the new pleasant experience you will be creating by reselling tickets.
- Comfort: When there is a pleasant experience, then comfort follows. We humans prioritize what gives us comfort as the first thing we note. How about you? The story of comfort is associated with many benefits: repeated customers, word-of-mouth referrals, and operators don’t have to stress getting customers.
Related: How Intercity Empowers Travelers!
The Profitability of Reselling Ticket
Let’s dive into some numbers. Data online doesn’t even tell a detailed story about the number of people who travel out of Lagos from Jibowu, Maza Maza, Cele, and other locations.
But let’s dig into my database,
On average, over 300 people travel from Jibowu on a good day, capturing 10% of the number daily, creating over good pleasant experiences for 30 people and the monetary value in return.
To earn 100k monthly can be easy, according to Intercity, it costs a customer 26,300 to travel from Lagos to Port Harcourt for every ticket sold, you make 2.5% on sales. That massive!!
Selling 153 tickets in 30 days makes you over 100k in a month.
Let’s break it down,
For every sale you get 657 profit,
If you sell 6 tickets per day that 3,942
Sell 42 in a week that’s 27,594
Sell 84 in 2 weeks that’s 55,188
Sell 153 tickets in 1 month that’s 100,000
What is more interesting, selling high-value tickets can help you achieve really more! Let’s say you sell a ticket to Jos on intercity it costs 37,886
That is 1000 profit for ticket sales.
Impact Created from Ticket Reselling
How is the value you are creating bringing impact:
The value created will enable the operators to access more growth opportunities, and the traveler to find great travel experiences on the other.
Operators are in the business of traveling and transporting individuals, enabling them to continue growing their business. For travelers, creating trust, developing loyal travelers, and building amazing experiences.
We can categorize the value under this segment:
- Reliable service
- Superior support
- Rewards
- Comfortable travel
- Timely Departure
Changing the travel narrative to enable operators to access opportunities to grow their business and provide travelers with pleasant experiences is how you can bridge the gap for a better journey.
