How to Develop a Ticket Booking App Like BookMyShow

Can you think back to the occasion when you had to wait in a lengthy line for a movie ticket? I bet that's not something you do these days, is it? Those days of ticket counter hassles and endless lines are now a distant memory, thanks to the digital revolution in the world of entertainment booking. The likes of BookMyShow have revolutionized the way we experience live events, making ticket bookings as easy as a few taps on your smartphone. 

The idea of this business model is creating hype in the entertainment industry.

According to Statistics, the global online movie ticketing services are expected to register a CAGR of 6.5% by 2025. This growth is supported by an average of 200 million monthly active users, 50 million average app downloads, and industry revenue reaching $81.369 million in 2020.

Understanding the reality is simple: today's consumers are discerning and have an abundance of choices. If your app's service falls short, your desired users won't hesitate to seek alternatives. This emphasizes the importance of seeking out and partnering with a reputable mobile app development company in Dubai like, Royex Technologies to ensure the creation of a high-performance, user-friendly ticket-booking app. At Royex Technologies, we serve as a global technology services provider and specialize in the development of apps for online show ticket bookings. We are dedicated to crafting world-class BookMyShow applications for iOS, Android, and Windows platforms, all at a cost that remains affordable. Our apps are designed with a commitment to exceptional UI/UX and impeccable functionality.

If you are considering the creation of an app akin to BookMyShow and are interested in understanding the associated expenses, you've come to the right place. This article will delve into the key features of a BookMyShow-like app, explore the costs associated with developing such an app, and examine the factors that influence the overall expense of ticket-booking service app development.

What is BookMyShow?

BookMyShow is a leading online ticketing platform for booking movie and event tickets. BookMyShow app helps users book movie tickets, and sports tickets, and get access to the events calendar, showtimes, and movie reviews among others. With over 30 million downloads and a consistent monthly ticket booking rate surpassing 10 million, this app has firmly established itself since its launch in 2007. Operating in four countries and serving more than 350 cities, it has garnered the loyalty of over 16 million customers.

Cinema ticket booking app like BookMyShow has a large market and is almost a monopoly in the online movie ticket booking industry. Look at the below-market revenue of BookMyShow app.

100 million tickets were sold in 2018 across India

$47 million in revenue has increased by 27% in 2018

$120 million dollars in 3 separate rounds of funding

4500 movie theatre screens are covered across 650 cities and towns

How BookMyShow Business Model Works

The business model of BookMyShow is multifaceted and revolves around generating revenue from various sources within the entertainment and ticketing industry. Here are the key components of BookMyShow's business model:

• Ticket Sales: The core of BookMyShow's revenue comes from ticket sales for movies, live events, sports, and more. They earn a commission on each ticket sold through their platform.

• Convenience Fees: They charge users a convenience fee for the ease of online ticket booking, contributing to their overall revenue.

• Advertising and Promotions: BookMyShow partners with entertainment companies, event organizers, and advertisers to promote movies, events, and products, generating significant advertising revenue. They also offer a range of additional revenue sources, including venue tie-ups, partnerships, merchandising, and loyalty programs.

BookMyShow's diverse revenue streams, strategic partnerships, and constant innovation have contributed to its success in the entertainment and ticketing industry. The platform not only offers a convenient ticket-booking experience for users but also provides valuable marketing opportunities for event organizers, advertisers, and promoters. This well-rounded business model has enabled BookMyShow to maintain its position as a dominant player in the industry.

Steps to Develop an App Like BookMyShow

Market Research and Analysis

Before you dive into app development, it's essential to conduct thorough market research and analysis. This will help you understand your target audience, the competition, and the latest industry trends. Analyze what makes BookMyShow successful and how you can differentiate your app from it.

Define Your Unique Selling Proposition (USP)

To stand out in a crowded market, you need a compelling USP. Whether it's a unique feature, user experience, or a niche focus, your app should offer something that sets it apart from the competition.

Business Model

Choose a revenue model for your app. BookMyShow generates revenue through ticket sales, advertising, convenience fees, and partnerships with event organizers. You can adopt a similar approach or explore different monetization strategies.

Platform Selection

Decide whether you want to develop a native app for iOS, Android, or a cross-platform solution using frameworks like React Native or Flutter. Consider your target audience's platform preferences and your development team's expertise.

Technology Stack

Select the appropriate technology stack for your app, including programming languages, frameworks, and tools. For example, for native Android development, you might use Java or Kotlin, while Swift is preferred for iOS development.

User Interface (UI) and User Experience (UX) Design

Design a user-friendly and visually appealing interface. The app's design should be intuitive and easy to navigate, ensuring a seamless user experience. Hire skilled designers who can create an attractive and functional UI/UX.

Development

This is the core stage of app development. You'll need a team of experienced developers to build the app, including front-end and back-end developers. Integrate features such as user registration, ticket booking, payment processing, and event listings.

Features and Functionality

Here are some essential features to include in your app:

• User Registration and Profiles: Allow users to create accounts and manage their profiles.
• Event Listings: Display a wide range of events, including movies, concerts, sports events, and more.
• Search and Filter: Implement robust search and filter options to help users find specific events.
• Booking and Payment: Integrate secure payment gateways and a smooth booking process.
• Ticket Delivery: Offer e-ticket delivery options, including QR codes and PDF tickets.
• Reviews and Ratings: Allow users to review and rate events, helping others make informed decisions.
• Notifications: Send push notifications for event updates, offers, and reminders.
• Analytics: Implement analytics tools to track user behavior and improve your app over time.
• Admin Panel: Create a backend admin panel to manage events, users, and payments.

Integration of APIs

Integrate APIs for services like payment processing, location-based services, and event data. This will ensure seamless functionality and access to the necessary data.

Testing

Conduct thorough testing to identify and fix any bugs, security vulnerabilities, or usability issues. Both manual and automated testing are essential to ensure a high-quality app.

Marketing and Promotion

Develop a marketing strategy to promote your app. Utilize social media, digital marketing, and partnerships with event organizers to increase your user base.

Developing an app like BookMyShow is a significant undertaking, but with the right strategy and execution, it can be a highly rewarding venture. Keep in mind that the success of your app will largely depend on its user-friendliness, reliability, and the value it brings to its users. As the ticketing industry continues to evolve, your app's ability to adapt and innovate will be key to long-term success.

At Royex Technologies, a mobile app development company in Dubai, we specialize in crafting customized solutions for mobile app development. Count on us to deliver top-notch services and assist you effectively in achieving your goals.

How Much Would It Cost to Develop an App Like BookMyShow?

The cost of developing an app similar to BookMyShow with Royex Technologies can cost around 60000 AED, however, it can vary widely based on factors such as features, platform (iOS and Android), the complexity of the design, and your location. Also, keep in mind that ongoing maintenance and updates will also require additional investments.

How Long Will It Take to Develop an App Like BookMyShow?

It takes around 4 months to create an app like BookMyShow, depending on various factors including BookMyShow app features, the development team's efficiency, app platform, testing and quality assurance, and legal and licensing.

Why Choose Royex Technologies For Mobile App Development in Dubai

Established in 2013, Royex Technologies is a leading app development company in Dubai, that provides innovative solutions for small, medium, and large-scale companies. We specialize in responsive web development, mobile app development, CRM integration, AI solutions for website & mobile applications, and many more. Check our website and portfolio to see our previous works.

To initiate the development of your app with us, please feel free to get in touch with our Senior Sales Executive, Vikas Singh. You can reach him via email at vikas@royex.net or simply give him a call at +971-52-320-5127 to discuss your specific requirements.