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CASE
STUDY
.COM
ANALYSIS
ON
TEAM MEMBERS
Archit
Inamul
Naveen
Neha
Pawan mishra
Pawan singh
Sneha
Sumiti
Vishwajeet
Case
It was an idea that led Hemrajani to become an
entrepreneur.
Backpacking from Johannesburg to Cape Town, he
struck upon the idea of selling movie tickets online to
eliminate the queue outside theatres in India.
This was in 1999, and the country was just about waking
up to computers, customer are not comfortable to use
credit cards and net banking for online transection.
24 years old Hemrajani came back to India and quit his
job with J Walter Thompson.
Cont.
To start off, Hemrajani sent an email to Chase partners
describing his business plan. "Seven days later, he got
a call from them asking how much money he wanted.
With half a million dollars of funding, Hemrajani
launched BookMyShow .
The lack of e-ticketing software in theatres and single
screens meant bookmyshow.com had to buy tickets in
bulk from theatres in advance and then sell this
inventory to customers.
Cont
Initially days, they suffered losses
When they could not sell the tickets and there was the
opportunity loss because the booking wasn't happening
real time, "It was a non-scalable model.
Then they introduced their own online inventory software.
Which is deal with cinema halls inventory system.
By 2002, Bookmyshow.com had a team of 150, when it
ran into the dotcom bust The company shrunk to just six
people.
Between 2002 and 2004, as the number of multiplexes
across India grew, bookmyshow.com turned into a
software solutions provider that sold automated ticketing
Cont
BMS has been growing at 40 per cent year-on-year and
holds over 90% market share in the online entertainment
ticketing space .
BMS has also ensured that it stays ahead of the
competition by selling loyalty software to all multiplexes.
They have exclusive tie-ups with theatres.
They also started focusing on sporting events, theatre
and, more recently, live events in cities.
Dotcom Boom
In 2006 there was internet boom in our Country because of
following reasons.
Broadband speeds improved.
Call rates of mobile phone dropped
Net banking arrived with the usage of debit and credit
card.
Set up own call center for booking movie ticket and handling
customers query .
By 2009 company was selling a million tickets in a month.
BMS became top five transacted web portal in India.
BMS became 3rd highest valued brand in e-commerce
space.
Cont
The company converted all customer and all transection
the customers.
Tied up with event organizers and IPL.
Developed mobile application
They have installed automated speech recognitions
Tie
Ups
Industry and
Industrycompetition
Competitors
Snapdeal.Com
PVR Cinemas
Fun Cinemas
Ticketfinder.Com
Tickets.Com
Seetickets.Com
Official
Partners
Business strategy
Developed own online inventory system.
organizers
Set up own call centre
Connectivity with social network sites
Mobile application
Advantages of bookmyshow.com
Avoid the queue and rush in movies hall counters
movie hall
Booked ticked instantly and preferably
Payment mode
Credit card
Net banking
Debit card
application
Revenue
Model
Revenue of BMS was generated from two factors:
Example
Now lets analyze the above numbers given the fact that
bookmyshow can book to 200 multiplexes with about 800
screens across India.
The total capacity of Multiplexes around the country is
1,26,00,000.
700 X 3 Shows X 30 days X 200 seats = 1,26,00,000
The average sell is approx. 65% = 81,90,000
Bookmyshows claim = 6,50,000 approx.. Tickets
Given revenue =1,00,00,000 ( 10000000/15 =
6666667)
Business Model
Movi
e
hall
Ticket
payment
s
BOOKMYSHOW.COM
Call
centre
Ticket
Consume
rs
Revenue
Event
organize
rs
SWOT
Strength
1. Vast network of event organizers and major cinema
chains
2. Online portal
Simple and convenient to use
Instant booking
3. Constantly updated with forthcoming events and movies
Weakness
Mostly limited to urban areas as people in India are still
apprehensive for online payments
Opportunity
1. Expand capabilities to cover more events and movies
across various cities
2. Acquiring more partnerships with various business entities
3.Co-organizing events with various event organizers to
increase physical brand presence.
4. Extend their online portal.
Threats
1.Possibility of mismanagement due to lack of coordination
with event organizers
2. Improved functionalities by competitive online ticketing
portals
7 Ps Of Service Marketing
Mix
Process :Online booking
Visit bookmyshow.com
Choose movie, cinema and seats
Fill information to make payment
Get tickets
Place:Web portal
Call centre
Tie ups with retail outlets like CCD and Reliance fresh
STP
Segment :Demographical- Age Group(15-34), they are frequent
moviegoers
(Internet users looking for event ticketing solutions.)
Relationship
marketing
Build network via social networking site
(facebook)
Conclusion
They made new era for booking movies tickets.
USP.
Tie ups and different collaboration gave them
huge edge.
Call centre and Connectivity with social network
sites build consumers trust.
Social sites and Mobile software are helped them
to make more connectivity to consumers.
They have reliable manpower.
They delivered good quality of services
(according to consumers expectations)
Segment
Target Group
Positioning
EXECUTION
We targeted high affinity fans of movie/movie stars and offered them
paid/unpaid content:
Downloads offered movie goodies like ringtone downloads, wallpapers
and more
Fan clubs
Using analytics, we identified that ticket bookings were highest between
Wed to Sat. Hence, campaigns were run only on these days.
Contextual messages targeted at consumers on movie review sites