Submitted by Staci R Norman on
From CNNMoney.com - The Qcue team plans to take on the big players in the secondary ticket sales market, such as Ticketmaster's TicketsNow and eBay's StubHub.
Qcue's product is a back-end software application that can be embedded into a primary seller's e-commerce website, transforming it into an electronic market that handles both primary and secondary sales. Qcue will offer two capabilities: A Nasdaq-style trading platform providing dynamic pricing - factoring in variables such as demand, time remaining until the event, and the number of tickets still unsold - and a sales engine for listing premium tickets on e-commerce and social-networking sites. Sellers will be able to list their inventory in multiple places in real time, in much the same way that plane tickets are made available via airlines, travel agents and travel websites.
