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- BookMyShow, perhaps the default name for online ticketing in India, is one of the top three e-commerce websites in the country. They do over 35,000 transactions a day, and sell over 95,000 tickets. With over 35% of their transactions happening on mobile, the BookMyShow app is the largest transacted m-commerce app in the country.
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Jan 31, 2016 · Sreedhar Prasad, partner and head of ecommerce at KPMG, feels all this is not enough for BMS to jump into the big league of Indian ecommerce. “In fact they are not really an ecommerce company. They have no control over the inventory and have no way of influencing sales,” says Prasad.
- BookMyShow - About
- BookMyShow - Industry
- BookMyShow - Founders and Team
- BookMyShow - Startup Story
- BookMyShow - Name, Tagline and Logo
- BookMyShow - Services
- BookMyShow - Business Model
- BookMyShow - Revenue Model
- BookMyShow - Challenges Faced
- BookMyShow - Growth
The company is currently India’s largest entertainment ticketing platform. BookMyShow started out in 1999 as a software re-seller for movie theaters and converted into a platform catering to cloud-based ticket booking of events, movies, sports, and plays. BookMyShow was known by the name of its parent company,Bigtree Entertainment Pvt. Ltd., at the...
According to a RedSeer report, the online ticketing market in India recorded a quarterly revenue of $28 million in 2018. Moreover, RedSeer's 'online ticket market updates' report states that 50% of the industry revenue has been coming from movies, with events being the next major contributor. Sporting events, concerts, and other live entertainment ...
The founders of BookMyShow are three friends:Ashish Hemrajani, Parikshit Dar, and Rajesh Balpande. They are the alumnus of Sydenham Institute of Management, Mumbai University. Ashish Hemrajaniis the CEO of BookMyShow.
Ashish got inspiration when backpacking in South Africa, following his master's degree completion and working with J.W. Thompson, and alcohol turned out to be the trigger for change. He was sitting under a tree, quietly listening to a radio ad for rugby tickets, when it dawned on him. This idea ignited Ashish, who left his job and immediately retur...
BookMyShow was initially branded as ‘Go For Ticketing’. In 2002, the company was renamed ‘India Ticketing’ before ending up with the current name. When the business was still known as India Ticketing in 2007, it held a contest for its staff to select a name for the business. The winner of the contest was given an iPod touch. An engineering intern p...
BookMyShow initially kept itself to movie tickets but soon had its fingers in various pies.These days, it offers tickets for just about any type of entertainment, including plays, movies, fairs, sports, and more. On the platform, you can also reserve tickets for international events and monument exhibitions. Tickets for nearby activities were also ...
The core of BookMyShow's business model is its exclusive access to Vista ERP APIs, which allow for the integration of real-time movie ticket availability. In order to enable upselling and cross-selling, the platform extends these APIs to offer related services, including parking, food and beverage, shopping, retail, and security. The technology als...
BookMyShow makes money through the following sources: 1. Ticketing revenue: This represents the primary revenue source for the overall results. It includes commissions on ticket purchases and internet handling fees. Convenience fees are extra that the company charges on top of the ticket price. BookMyShow maintains this distinction. Regarding event...
The company had a difficult journey ahead of them. BookMyShow has experienced it all, from thedifficulties of launching a new business to the financial crisis of 2007 to the 'Dot Com' bubble of 2002. Online ticket sales were not common when BigTree Entertainment Pvt. Ltd. was founded in 1999. Even then, the internet remained a dynamic, experimental...
Only in theaters and buying movie tickets meant only at the movie hall counters. Therefore, BookMyShow undoubtedly brought nothing short of a revolution here, leveraging the digital technology. Looking at the growth, it is to be noted that BookMyShow is presently operating in 650+ towns and cities, and5,000+ screens in India. The company also foray...
- 1999
- Entertainment Providers
- Mumbai, Maharashtra, India
Dec 4, 2023 · BookMyShow, which is backed by Reliance Industries' Network18 and Accel, counts Paytm Insider as its key rival in the movie and events ticketing space. Food and grocery delivery platform Zomato , a new entrant in the live events booking segment, for the first time, reported metrics for its going-out business in November.
Jun 17, 2021 · Now by looking at the current analytics and data, BookMyShow is the 34th largest website according to Alexa and Indian's biggest website for booking tickets. The app allows its users to check unto any event happening in and around them: timings, reviews, availability, trailers, and much more.
- Devashish Shrivastava
- Bigtree Entertainment's BookMyShow is India's largest entertainment ticketing website. Headquartered in Mumbai, it is the only destination for movi...
- The portal charges Rs 19.82 as internet handling fees that comprise a booking fee of Rs 16.80 and Rs 3.02 Integrated GST (IGST) at 18%. Most of us...
- BookMyShow makes money through the following sources: Ticketing revenue Non-ticketing revenue
- Yes, Select 'Purchase History' and choose the booking you wish to cancel and tap on 'Cancel Booking' available on the bottom-right of the screen. T...
Jan 31, 2016 · The secret sauce of BookMyShow, a virtual monopoly in online movie ticketing, may be a lack of overriding ambitions. The G7 multiplex in the suburb of Bandra in Mumbai is not really a multiplex ...
Mar 23, 2023 · BookMyShow utilizes multiple channels to deliver its value propositions to customers: Website: The platform’s website serves as the primary channel for users to search for events and book tickets. Mobile App: The BookMyShow mobile app, available on iOS and Android, offers an optimized experience for users to book tickets on the go.
