How much it'll cost to develop an on demand ticket booking app like Bookmyshow?

Bollywood and movies are at the core of the entertainment industry in India. In fact, putting Bollywood under the banner of the ‘entertainment industry’ would actually imbalance the very definition of an industry. Bollywood is no less than a phenomenon. With every Friday, a new film hitting the theatres, there remains only one question – how do we get to see it all where the seats are available along with the other details like show timings and prices for booking?

There were times when ques of people standing for hours and hours to get their movie tickets was common on the weekends. Or, they would resort to other frugal means of getting it. Now, the times have changed with a revolutionary on demand ticket booking app since past couple of years.

Bookmyshow, the most prominent on demand ticking app platform, has practically transformed the entire ticket booking experience. Be it movies, events, art shows, theatre or performing arts, Bookmyshow has come to the centre of this entire entertainment industry, almost channelizing great growth for the established cinema houses like PVR Cinemas. Be it a posh multiplex in Mumbai or a small secluded single screen theatre somewhere in south, Bookmyshow has its presence all over the place.

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Business Model of On demand ticketing platform like Bookmyshow

  • Commissions on ticket booking. You can charge a commission on the ticket booking from the consumers. This is a different model than the international practice because here the cinema theatres have a greater power to negotiate.

  • Advertising. Despite getting heavy traffic on on demand ticket booking platform, mind well, not all of this traffic will result into booked tickets. Hence you will find the need to place in an advertising model to generate revenues.

  • Event Management Revenues. Many times, ticket booking marketplace also provides event management services to events of certain scale by partnering with them on a fixed or per ticket sale basis.

  • Exclusive Merchandise Distribution. Some players also partner with brands to help them sell exclusive merchandise on the marketplace. For instance, if it is a music fest you can help the event manager sell exclusive t-shirts, masks, wigs and everything else a fan would like to carry. The revenue comes in the form of commission per sale.

Major costs include: The costs in this business are pretty linear. Primarily the costs are incurred in having the right technology in place, followed by user acquisition costs and then adding the costs of getting exclusive deals from bigger sports and entertainment brands.

Basic Features and Estimated Cost of On demand ticketing App Development

App Users Registered Users Admin Panel
Basic Features Splash Screen Login
Registration/ Login/ Signup Dashboard
Phone Validation/ Forgot Password Manage Users
Search Locatiion/ Movies/ Advanced Search Manage current and upcoming Events
Book movie tickets/ Seat Selection with Layouts Settiings
Check Out/ with Ticket Summary Manage Wallet/ Withdrawals
Payment Option/ Pay Later/ Ticket PDF Manage Orders
Booking History Manage vendors
View/ Apply Coupons
Upcoming events/ Push Notifications
Feature-Cost of On demand ticket booking app USD 32000- 35000 for both iOS+Android

Add-on features

App Users Admin
Add-on Features Loyalty and rewards ManageTransactions
Blogs Manage Offers
Mobile wallet integration Dashboard Analytics
Support Chat Customer Analytics

Resource Team for On demand Ticket Booking App

Being a leading on demand application development company in India, USA, Canada, Singapore and Australia, Let’s Nurture has in-house experts who can help your build a robust and scalable ticket booking app like Bookmyshow with unique features. Resources needed for on demand ticketing app like Bookmyshow are:

  • 2 iPhone App Developers
  • 2 Android App Developers
  • 1-2 UI/UX Designers
  • 1-2 Web (Frontend + Backend) Developers
  • 1 Business Analyst, 1 Quality Analyst and 1 Project Manager

Technology Stack We use to develop

Sketch
Sketch
Xcode
Xcode
Android
Android
AWS
AWS
Fabric iOS
Fabric iOS
Android Studio
Android Studio
FCM
FCM
Geo-fence
Geo-fence
Google Analytics
Google Analytics
Google API
Google API
MEAN Stack
MEAN Stack
Mentis BT
Mentis BT
Sass
Sass
sendinblue
sendinblue
Google Webmasters
Google Webmasters
stripe
stripe
swift iOS
swift iOS
ZOHO
ZOHO

Why us for developing an on demand ticket booking app like Bookmyshow?

  • Experts with rigorous experience in developing IOS/Android apps

  • Expertise in developing Classifieds apps

  • Consultation on strategic features, their development and an effective testing strategy

  • Great value on costs for classifieds app development

  • Development within the confines of Apple and Google Play Store Guidelines

  • Free Deployment and Guaranteed Approval

A few words to remember…

From a distance, the ticket booking app market may already seem crowded with Bookmyshow, Paytm and a lot of scope for other players to go for a horizontal integration. That said, the event organizing, management and selling industry in India is still quite unorganized. Yet, the demand for local content and events has been steadily growing. What was earlier a trend only visible in smaller towns, has now started strongly affecting the tastes of metro cities - people are looking for more experiential entertainment. People have understood that experiences are worth their investments, a good art exhibition will beat an average big budget Bollywood movie any day.

Hence, all you need to do is – bang in the middle, right upon the opportunity with our technology by your side.

Contact our experts on demand app consultants Now

FAQs

We estimate a high level timeline of 13 to 15 weeks considering website plus two native apps on Android and iOS.

Primary ROI: Membership Fees & Per transaction % share

Secondary options for ROI:

  1. Featured vendor: Payment for displaying at top of search results

  2. Charge Vendor for displaying AR Content on platform

  3. Gamification- Discounts at specific businesses with High ticket value to boost platform %

  4. Google Adword registration- Per Ad display & Per ad click revenue

  5. Affiliate integration: Rakuten linkshare- Per product purchase commission

  6. Strategis partnership: Will be similar to featured vendor above

For a global marketplace, Stripe or Paypal work best and for local regional marketplace, we recommend Payment Gateway most prominent or widely accepted in that region.
As each venue will have limited number of seats/ tickets and last minute cancellations affect business bottom line. This is not advisable to include if specifically needed, we can devise and implement bespoke refund policy for your use-case.

Contact Us

Have an !dea to develop an on demand ticket booking app platform like Bookmyshow?

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Nr. High Court, S.G. Highway

Ahmedabad,Gujarat

380060 India