When it comes to buying tickets for popular concerts like The Weeknd, a common question is whether ticket prices tend to go down as the event date approaches or if they stay high due to demand. There are a few key factors that impact The Weeknd ticket prices over time.
Ticket Demand
The Weeknd is one of the most popular R&B artists today, with multiple chart-topping albums and hits under his belt. He has a large global fanbase, especially after his Super Bowl halftime show performance in 2021. Due to his popularity, demand for The Weeknd’s concert tickets is typically very high.
High ticket demand leads to scarce inventory, which enables sellers to maintain high ticket prices. Brokers and third-party sellers can maximize profits by pricing tickets higher than face value. As long as fans are willing to pay elevated prices, there is little incentive for sellers to lower prices as the event date approaches.
Tour and Venue Size
The size of the tour and venues can impact ticket prices over time. Larger tours that sell out big arenas and stadiums will have sustained high demand and limited inventory. Additionally, if The Weeknd adds more shows in a city due to demand, it keeps the ticket market competitive.
On the other hand, if the tour has lower demand or focuses on smaller more intimate venues, prices may come down closer to the event as sellers try to offload tickets. The specific city and venue size will factor into price fluctuations.
Market Competition
The competition between various ticket sellers also influences prices over time. Third-party resellers compete with ticket marketplaces like StubHub and SeatGeek. If some sellers start lowering prices to sell their inventory faster, it can force other vendors to follow suit. Market competition creates downward pressure on pricing.
However, major ticket brokers use dynamic pricing algorithms and real-time supply-demand data to optimize their pricing. This makes it difficult for buyers to find bargains from undercutting sellers. Brokers will adjust to price drops from competitors to maximize revenues.
Timing of Purchase
When you purchase The Weeknd tickets can impact the pricing trends you experience. Here is a general overview of common pricing timelines:
Ticket Purchase Timeframe | Typical Price Range |
---|---|
During initial on-sale | Face value to moderate markup |
1-3 months before event | Moderate to high markup |
1-4 weeks before event | Highest markup – often 2-3x face value |
Last minute purchases | Highly volatile based on remaining inventory |
As you can see from the table, prices tend to rise over time and peak close to the event. Buying early is the best way to get below average prices.
Examples of The Weeknd Ticket Price Fluctuations
Looking at real historical pricing data can illustrate how The Weeknd ticket prices have shifted for different tours and markets.
After Hours Tour – Chicago, IL
Days Before Event | Average Ticket Price |
---|---|
360 days | $175 |
180 days | $225 |
90 days | $312 |
30 days | $526 |
Day of event | $667 |
For Chicago, the average ticket price climbed steadily over time leading up to the event in 2022. There was no relief even as the concert approached.
Legend of the Fall Tour – Washington, DC
Days Before Event | Average Ticket Price |
---|---|
360 days | $121 |
180 days | $142 |
90 days | $205 |
30 days | $267 |
Day before event | $189 |
In this case for Washington DC in 2017, prices peaked 30 days out. But last minute tickets became cheaper, likely due to extra inventory being released.
Should You Wait to Buy The Weeknd Tickets?
Based on the factors above, waiting until the last minute is generally not a reliable way to find deals on The Weeknd tickets. Due to his popularity and market demand, prices are likely to remain elevated and continue rising as concert dates approach.
Your best bet is to buy as early as possible during presales or general public on-sales. Signing up for presales gives you first access before the most expensive platinum level tickets are released. You can often find face value or moderate markup prices by buying months in advance.
Tips for Saving on The Weeknd Tickets
Here are some tips and strategies for getting cheaper tickets to see The Weeknd in concert:
- Purchase during presales to get early access to tickets before demand surges
- Join The Weeknd’s fan club for presale code access
- Be flexible on which show dates or cities you can attend
- Buy upper level or rear seats instead of lower level or floor tickets
- Look for deals on VIP packages that bundle merchandise and perks
- Use ticket resale sites like StubHub and VividSeats to comparison shop
Conclusion
Given The Weeknd’s elite status and huge fanbase, his tickets maintain a premium price point in the secondary market. Prices typically go up over time as availability shrinks leading up to show dates. Your best opportunity for deals is buying tickets as early as possible. But even when purchasing months in advance, be prepared to pay higher than face value prices to secure seats. With strategic timing and smart shopping, saving on The Weeknd tickets is possible.