Do you want to develop an event ticket booking app like SeatGeek? If yes, you have landed on the right blog, as we have covered everything here from market overview to the future scope of the event ticket booking app to its core requirements!

Whether you are an event management agency or a startup looking to create a platform to automate the event ticket booking systems, deciding to build an event ticket booking app by hiring tech professionals is a perfect way to kickstart your business!

But the question is why is there a need to develop an even ticket booking app like the SeatGeek app when there is a bundle of agents to handle the task?

Well, the way digitization and emerging technologies have started making people go for convenience and get everything at their fingertips, it’s an alarming time to recognize this noticeable change. From booking tickets to events to nightclubs to movies, an even ticket booking app can handle everything without any hassle. 

Since people have returned to live events and organizers are going offline and offering both virtual and hybrid events, it’s time to become a part of the overall new event strategy.

Looking to create an event ticket booking app like SeatGeek? Hire a mobile app development company in USA to customize the app with all new features and UI/UX design to get an edge in the competitive market. Let’s connect now!

Market Overview of Event Ticket Booking Industry: Key Stats and Facts

The event sector is growing exceptionally and experiencing rapid expansion. The prime reason behind this market growth is the rise of virtual events, the significance of sponsorships, and the ROIs on the well organized events. Apart from getting straight to hire an Android app development company in USA to start coding an app, it is worth taking a sneak peek of the event ticket booking market.

Market Overview of the Event Ticket Booking Industry

• The event market was valued at $5.6 billion backed in 2022 which was 37% high from 2021’s $4.08 billion.

• The online event ticketing market size is forecasted to hit $82.23 billion in 2024 and is expected to reach $99.04 billion by 2029.

• The sports event market has a projected market volume of $1,055 million in 2024.

• It is reported that the average revenue per user in the Event Tickets market is projected to be around $19.46 in 2024.

• In the Event Tickets Market, the number of users is expected to amount to 99.2 million users by 2028.

• The global events industry market is expected to reach a revenue of $2.1 trillion by 2032. 

The market stats are portraying the big picture of the online event ticket booking industry. But before you forward to hiring a mobile app development company in California, you must be wondering what impacts the most on this industry and making it a popular option for businesses to invest in online event ticket booking apps…

What Makes Online Event Ticket Booking Apps So Popular?

There are multiple reasons supporting the need for creating an event ticket booking app in 2024. If you are still appointing the agents for your event management company to handle all the vent bookings then you need to understand these compelling reasons…

Here’s what impacts the event ticket booking apps:

– 24/7 Availability and Convenience of Booking Tickets

Unlike event managers and ticket booking agents, an event ticket booking app is available and allows users to purchase tickets anytime, anywhere and even directly from their smartphone, eliminating the need to pay agent’s fees. Further to make it work flawlessly, you can integrate payment gateways into your app or look for mobile wallets to ensure a smooth checkout process. 

– User-friendly Interface

Apps provide simple and easy navigation and make it easy for users to browse events as per their interests, compare prices, and book tickets quickly. Moreover, an app offers regular updates to keep them engaged with an app.

– Offering Personalized Recommendations

When it comes to developing an event ticket booking app, keep in mind that it is not just limited to booking tickets. Several things can help you overall boost the conversions. Using AI and ML algorithms can help in suggesting events based on user’s interest preferences, past purchases, or browsing history. You can send personalized notifications for upcoming events or ticket sales to keep the users engaged.

– Ensuring Mobile-Optimized Ticket Management

By developing an online event ticket booking app like SeatGeek, you can allow users to store, view, and manage tickets digitally, avoiding the need for physical tickets. To make this work, you can integrate features like QR codes or barcodes for entry which adds to the convenience. 

– Offering Exclusive Deals, Discounts and Offers

With an event ticket booking app, you can often offer exclusive promotions or early access to tickets, incentivizing users to purchase via mobile platforms.

Why consider Developing an Event Ticket Booking App Like SeatGeek?

When it comes to hiring a mobile app development company in New York to build an event ticket booking app, keep in mind that SeatGeek is a dominant leader in this industry. So seeking inspiration from SeatGeek to create an event ticket booking app, really makes sense. But for this, you need to dig deep into the overview of SeatGeek…

Overview of SeatGeek and Its Functionalities

So what makes SeatGeeks a popular option for ticket booking? Long back in 2009, it started as a platform that gathered tickets from different event organizers. But gradually, it scaled up into a full-service platform where organizers and buyers can directly sell and buy tickets for live or upcoming events like Sports, music concerts, theaters, and more.

It’s easy-to-navigate interface and convenience of booking tickets were most appreciated. Further, the app is integrated with top-tier functionalities and backed by high-end technology that makes it work like a well-oiled machine with no downtime. 

Using this app, buyers can easily access the interactive seat maps, so they can easily see where they’ll be sitting before they buy tickets. Moreover, its deal score tool allows buyers to easily find the best deal on the tickets. In addition, booking a ticket from SeatGeek can easily store the tickets on their phone and there’s no need for paper tickets. 

SeatGeek Unique Points Making It Best for Ticket Booking

Here are some of the unique features that make SeatGeek extraordinary over other ticket-booking platforms:

• Interactive Seating Experience: SeatGeek , like a ticketing app, offers users an immersive experience with its interactive seating chart that gives a clear idea of seating with a detailed view along with panoramic photos. 

• Deal Score Feature: This would be a winning feature of this app which ensures users get the best value by color-coding ticket deals based on the level of the ticket. This helps buyers from overspending on tickets.

• Mobile Ticketing: SeatGeek simplifies entry with mobile ticketing, allowing users to access events through e-tickets which directly get stored on their phone.

• Ticket Transfer: Using this platform, users can easily transfer or send tickets to their friends with just a single tap.

• Easy Eventy Search: Users can easily explore and discover events by various categories, including artist, location, and genre. 

• Easy and Secure Payment: SeakGeet supports multiple payment methods, including Credit/Debit cards, Google Play, and more. 

How Does an Event Ticket Booking App Like SeatGeek Work?

Even the ticket booking app is accessed by all levels of users, so make sure it works simply and easily. If talking about SeatGeek, here’s a streamlined version of its mechanism with each single point.

• Aggregated Even Listing: SeatGeek collects event data from multiple vendors, offering a wide range of event options like music concerts, sports, and theater.

• Find Events: The app provides personalized recommendations and filters to allow users to find events based on preferences or location. 

• Seat Map and Ticket Selection: Users can view interactive seating maps, compare prices, and choose seats based on the view and cost.

• Price Comparison Tool: Once they select the seat, SeatGeek offers a deal score tool to compare the prices, choose the seat, and select the best one. 

• Secure Payment Integration: After choosing the seat, now it’s time to pay for the ticket using the in-app payment gateways.

• Mobile Ticketing With QR Codes: The mobile app uses the digital ticketing feature, where users can directly store the tickets on their mobile and eliminate the need to carry paper tickets.

• Ticket Reselling: In case, if you are not attending the event, then users can easily pass on the tickets to their friends or even resell the tickets to other users.

• Track Purchase History: Users can track their tickets, receive reminders, and get venue details as such parking information directly from the app. 

SeatGeek boasts a simple workflow of the app and allows users to seamlessly book tickets for their events without any hassle. Further, you can hire a React Native App developer in USA, to combine these functionalities with multi-platform support. But the question is how does it make money through an app…?

Revenue Model Followed By SeatGeek Like Event Ticket Booking App

No matter whether you are developing an MVP app model or a feature-reach SeatGeek-like ticketing app, your ultimate goal is to make money from the app. There are several ways and strategies you can adopt to make money through a ticketing app, but here’s an overview of the revenue model followed by a SeatGeek-like ticketing app.

• Service Fees: SeatGeek earns money by charging a service fee on each event ticket sold. They charge a certain percentage of the ticket price and this fee is added during the checkout process. This is one of the primary revenue sources of SeatGeek.

• Charging Commission on Each Sale: This online ticketing app also earns a commission from sellers or venues for tickets sold through their app. 

• Resale Fees: When users resell tickets through this platform, SeatGeek takes a percentage of the resale price as a commission, generating revenue from secondary ticket sales. 

• Advertising: The app generates a good amount of money through affiliate advertising space provided for event promoters, venues, and brands looking to target their user base for business promotions and event marketing. 

These are a few ways you can make money through online event ticket apps. However, to reap the best benefits of these ticketing apps, make sure you hire mobile app developer in USA to integrate the right features into the app. 

Must-Have Features to Develop an Event Ticket Booking App Like SeatGeek

The success of any app majorly lies in the choice of features and functionalities you integrate in the app. And there are a plethora of features you can consider including in the app, but each feature will add up to the cost. So here you need to smartly prioritize the features that fit your needs, budget, and estimated timelines.

Here is some must-have features to develop an event ticket booking app like SeatGeek:

• Event Listing and Search Filters: Make sure the search box is at the home screen and should be easily accessible to the users. Users can browse a wide range of events by applying filters based on category, date, location or artist to quickly find what they’re looking for. 

• Interactive Seating charts: Have a feature in app that allow users to view detailed seating maps, compare tickets prices across different sections and select seats based on location and prices. 

• Price Comparison and Deal Score: Make sure you have ticket price comparing tools that analyze the costing from various sellers and provide a deal score that indicates the best value for money.

• Secure Payment Gateway: Integrate secure and seamless payment options and provide the flexibility to make payment as per their convenience using credit/debit cards, e wallets and more.

• Mobile Ticketing With QR Codes: Have a feature in app that provides digital tickets with QR codes, which can be further easily scanned at the venue, eliminating the need for carrying paper tickets.

• Push Notification: Now this could be used as the perfect marketing tool for engaging users and increasing user retention.

• Personalized Recommendations: Using the AI algorithms in app, you can recommend events based on user preference, search history or previous purchases and enhancing user engagement. 

• In-App Calendar And Reminders: Include a Calendar feature in app where users can easily track all the upcoming events and are able to set the reminder to block the dates for tickets.

• Customer Reviews and Ratings: Allow users to view and leave reviews about their experience while having their event tickets booked with an app. 

• Venue Information and Directions: Provide detailed information in app about the venue and their seating policies, parking availability and directions, which makes it easier for users to plan for the event.

• Multi-Lingual and Currency Support: If you are targeting multiple locations for the event booking, then consider providing support for different languages and currencies to make it easily accessible for the global users.

• Event Cancellations and Refunds: Have a clear policy for the and in-app option for the event cancellations and refund processing to handle customer concerns effectively. 

• User Profiles and Purchase History: Have a feature in app that maintains customer profile, tracks their ticket purchases and view past event attendance to further deliver a personalized experience. 

These are the must-have features to create an event booking app that may cost between $20,000 to $25,000+ but what if you are looking to compete with the SeatGeek-like fully-feature loaded app? That’s where you need to hire a mobile app development company in Dallas that can help you integrate all the innovative advanced features to keep you ahead of the market curve.  

Innovative Features That Make Your Event Ticket Booking App Ahead of SeatGeek

Undoubtedly, integration of these advanced app features would definitely add a competitive edge to your business, but before you steep ahead, your central concern is to understand its cost to create an event ticket booking app like SeatGeek.

How Much Does It Cost To Create an Event Ticket Booking App Like SeatGeek?

The average cost to develop an event ticket booking app like SeatGeek is ranging from $20,000 to $50,000+ depending upon various factors. Every business has different requirements, so there is no single app that fits all needs. For this reason, there is no standard cost to develop an event ticket booking app like SeatGeek.  

Developing an event ticket booking app can be a complex and budget-affecting task. So while making a decision to create an event ticket booking app, you need to understand all the crucial factors that affect the overall cost estimation of app development.

Crucial Factors Affecting The Cost For Event Ticket Booking Development

When developing an event ticket booking app, there are several factors that can significantly impact the cost. 

• Complexity of the app: Building a mobile app that connects with various event organizers and venues requires complex setup, ongoing maintenance and comprehensive set of features, which can 

• Handling Real-Time Updates: Incorporating real-time updates can be costly. No matter how fancy or basic an app you have developed, the app needs to handle sudden increases in traffic during popular events, which requires significant investment on hiring Node.js app developers in the USA to create a strong backend that can be easily scalable. 

• Integrating features and Functionalities: To make your app work flawlessly, you need to integrate the right choice of features. And the more features you consider incorporating into the app, the higher the cost will be.

• UI/UX Design: Simple User Interface and User Experience are always appreciated by the users. So make sure you opt for a clean, simple and engaging interface to minimize its impact on budget.

Though these are the rough estimations which can be higher or lower depending upon the complex business requirements. For this, it is always recommended to book a 15-minute free consultation slot with the expert for quick project evaluation!

Conclusion

Hopefully, with this blog guide, you have an idea about how the event ticket booking industry is revolutionizing and allowing companies to bring everything on the mobile app. This will add value to your business as well as provide so much convenience to the customers to book an event ticket of their choice. Moreover, the event ticket booking apps enhance the user experience and create a space for conducting booking smoothly and transparently.

However, this would require you to hire a mobile app development company in San Francisco to customize the app with the features that make it a self-sufficient platform for users to make online bookings. The event booking mobile app industry is ever booming and experts can easily recognize the change and able to incorporate it into your app to make it successful. 

If you are all set to develop an event ticket booking app like SeatGeek, then Xicom can help you get started without any hassle. For more details, you can drop a comment below or contact us!

FAQs

If you still have doubts about creating an event ticket booking app like SeatGeek, then consider this FAQ section, covering all the potential questions.