San Antonio, TX (PRWEB) August 21, 2012
Today, SeatCrunch, an online event ticket marketplace out of San Antonio, Texas announces its official launch. The company was created as the national online platform for major Texas ticket seller Best Tickets. Jerome Cohen, CEO of Best Tickets, is also one of the founding investors of the new software platform Ticket Evolution, which SeatCrunch uses to organize its ticket inventory.
Ticket Evolution provides software that simplifies the process of distributing event tickets for ticket brokers. The software company raised $3.5 million in Series 'A' funding from venture capital firms Raptor Ventures and Dace Ventures and has secured a relationship with major travel site Orbitz. Ticket Evolution users set the price of the tickets in their inventory and upload them to the Ticket Evolution feed. This creates a massive price-competitive inventory for all the sellers who use the Ticket Evolution API.
SeatCrunch, which makes use of the large selection of tickets being broadcast over Ticket Evolution, also offers a pricing structure that is unlike most other online ticket marketplaces. While others display one cost during the initial search process and add a service charge near the end of the transaction, SeatCrunch offers one fixed price that doesn't change throughout the entire shopping process.
Today SeatCrunch also unveils its affiliate program which allows webmasters to add an additional revenue stream to their site and share the millions of tickets listed on SeatCrunch with their audience.
Ecommerce as a whole seems to be growing fairly steadily. The secondary ticket market is a 15 billion dollar industry with some players pulling in hundreds of millions in annual revenue, so ticket resale sites are likely growing at an even faster rate than others in the ecommerce realm. SeatCrunch, armed with proper technology and experience chooses an interesting time to enter a lucrative market.