In this colorful world, the most common entertainment for a majority of people is “Movies”. Some people might hate it, some don’t, but most people love it. It’s too impatient for some people to stand in a queue and get a movie ticket. So, in this evolving tech world, it has been easier for them to overcome such hassles of standing in a rush and purchasing a ticket.
The app “Bookmyshow” made booking the ticket hassle-free for event lovers. It allows to view ticket price, choose seats and book it within a minute, and this app design and features shows the effort of application development company India or app developers who developed the app. When it comes to online movie ticket booking and event booking business, mobile apps have a dynamic role.
Paytm directly competing with BookMyShow:
Paytm is under the hood to develop its business in the entertainment marketplace and attracting customers with deals and offers for every ticket they purchase. Movie ticket booking apps are becoming more useful nowadays so that people who are installing and updating these apps are getting discounted offers for booking movie tickets first time.
How is the idea of booking movie tickets on-the-go? So adorable, it’s? Now I’m going to describe how this BookMyShow is different from Paytm:
Ø Paytm is focusing on integrating offline experience.
Ø Paytm is thinking to offer a provision that people can order food and value-added services through their app after they reach the movie hall.
Ø Offers incentives and cashbacks for users whenever they book a ticket from the mobile apps.
Paytm plans to sell 30K tickets by the end of the first quarter. The aggressive target is near about 100K tickets by the end of the year. I think, BookMyShow needs fresh strategies to tackle it. Crafted features and design contribute much to app success, so most of the startup businesses prefer best mobile application development companies India to develop dream apps.
By looking all these, will BookMyShow continues to rule?
I would say despite Paytm’s new move, BMS will sustain as a market leader in the entertainment space. At present, they are getting 60% revenue from the movie tickets and another 40% from the sports, live shows and plays. Once it had an average of 42 million per month, and the tickets sold per month was 4.5 million, so to double their market value, BMS is focusing on user content through their review platform and by creating special market campaigns.
Questions arising after all these happenings:
Ø Will the bookmyshow come up with something new or get themselves updated to stay as a market leader, or what if Paytm will emerge as new leader in online ticket booking space?
Ø While BookMyShow is providing tickets for sports, live shows and plays, do you think Paytm will endeavour in these areas with just movie ticket and event booking?
Ø Are there any challenges which Paytm will need to tackle?
Share your thoughts about it.
Conclusion:
Which app you may be using, but I can say both are amazing in their features. Some credits go to mobile app developers who developed it.
Planning to develop BookMyShow like app?
We at FuGenX Technologies , developed 1000+ successful mobile apps and games for multiple platforms, including BookMyShow like app. FuGenX technologies is an emerging android app development company India. To know more about our work, visit: www.fugenx.com
