![]() As far as non-movie events are concerned, BookMyShow commission comes from the sale of such tickets. This difference is what BookMyShow keeps. The company charges a convenience fee over and above the price of the tickets. The company has always focused on discounts especially on movie tickets and promotes payments through BookMyShow wallets its wallet is the major source of revenue that contributes about 60% of the total revenue. With the big guns relentlessly acquiring smaller competitors in this domain, a CAGR of 20% is expected in the online ticketing industry by 2020. $330 million of revenue comes from the live entertainment industry that includes sports, stand-up comedy, and other related events. 50% came from the movie ticketing sector. The company’s quarterly revenue stood at $28 million in the last fiscal year. It is called the king of all despite emerging competitors, BookMyShow revenue 2020 has managed to retain the leader's position. Book my show success strategy BookMyShow Revenue ModelīookMyShow Revenue Model has almost 90% of the market share under the entertainment ticketing sector. The app allows its users to check unto any event happening in and around them: timings, reviews, availability, trailers, and much more. 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 funding of $150 million for BookMyShow comes from Accel, Network 18, Stripes and Saif Partners. ![]() It has over 16 million customers and 10 million+ tickets are sold per month. In 2012, the company launched its Android and IOS app and since then, the company has never looked back. The company has been now following an upward trend in growth and innovations. The company also introduced tickets for activities happening in one's vicinity. BookMyShow Revenue 2020īookMyShow has grabbed it all: cultural events, parties, concerts, shows, plays, fairs, and other international events as well. This finally dissolved in 2007, and the website - BookMyShow was started as a ticketing aggregator. Later, when the dot com raised its peak, the company modified by focusing on sales rather than booking through the Internet. It was started by Ashish Hemrajani, Parikshit Dar, and Rajesh Balpand. This company was started under the Big Tree Entertainment Private Limited Company, known to be a parent organisation for BookMyShow. In the initial days of 1999, a Software Reseller of VISTA Group private company was founded. Customers can now book tickets and surf trailers anytime from anywhere.īookMyShow - How Does the Business Model Work? BookMyShow has become a platform offering a plethora of choices for its customers. It managed to sail through tough times and emerged as the hero in the end. The company has seen it all it survived the Dot Com crash in 2007 and sailed through the global financial crisis of 2008. Since its establishment, BookmyShow has been on a roller-coaster ride. The proposition of selling entertainment tickets online was initially conceptualized by Ashish Hemrajani who started a small venture in his bedroom at the age of 24. The company’s founders have seen several ups and downs since the inception of the company. It initially operated as a software reseller for movie tickets, but gradually ventured into cloud-based events, sports, and movies. BookMyShow was founded by Ashish, Parikshit, and Rajesh in the year 1999. It was earlier running under the brand of Big Tree Entertainment Pvt Ltd. ![]() BookMyShow is currently India’s largest online entertainment ticketing platform spread across 5 countries and operating in almost 60 cities.
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