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​At Paytm Insider, we're dedicated to helping you discover and access the most exciting events around. From live sports, music festivals to stand-up comedy, theatre events, workshops, and so much more—we've got tickets to it all.
At Paytm Insider, we prioritise on your experience and make sure that you have fun. We know that when you share experiences with your friends or family, it becomes more valuable for you. Our aim is to bridge the gap between the event-goers and the ticket booking process which right now is quite inconvenient and fragmented. Our mission is to connect you with events you already love or new ones you're sure to enjoy, making the process quick and effortless.
So, let's come together and make every event an unforgettable memory!
When India's digital audience began to grow rapidly in 2014, when everyone started having a smartphone and internet, people who loved attending events started looking for digital solutions for event discovery and ticket booking. At that time, online ticket booking experience was fragmented and inconvenient. Especially, people had to resort to newspapers, radio & magazines to discover events. There was a clear need for a platform that could bridge the gap between event enthusiasts and a seamless, unified digital ticketing experience. Shreyas Srinivasan, the founder of Insider.in, sought to address these issues.
Insider.in was launched in 2014 to fulfil this vision. The platform quickly gained traction for its user-friendly interface and curated selection of events. In 2017, Paytm, one of India's leading digital payment companies, acquired a majority stake in Insider.in, leading to the creation of Paytm Insider.
1. What is Paytm Insider really in the business for?
Paytm Insider is dedicated to making the online event discovery and ticket booking experience seamless and hassle-free for users. Their mission is to transform event discovery and ticketing into an enjoyable process, encouraging people to explore new interests and participate in a variety of activities. As stated on their "About Us" page, they are the "enabler of fun."
Paytm Insider ensures that people who love attending events have a smooth experience when booking tickets for shows featuring their favourite artists. Beyond just ticket booking, Paytm Insider also emphasises the discovery of local artists, folk performers, theatre productions, and many other niche or not-so-mainstream events. This commitment enriches the cultural landscape and provides users with access to a diverse range of experiences that might otherwise be difficult to find.
Before platforms like Paytm Insider, users typically:
For Event booking apps where users can book movie and event based tickets the different type of users that comes under the target segments are
Below are the detailed profile and problems identified in those segments
Details | Enthusiastic Entertainment Buffs | Young Casual Event Goers | The Family-Oriented Viewer | Corporate Event Planner | International Traveler |
Demographics | Live in urban areas, Tier 1, Tier 2 cities. | Live in urban areas, Tier 1, Tier 2 cities. | Urban and suburban families | Corporate organisations | Foreign tourists |
Gender | Mostly male | Male & Female | Male | Male & Female | Male & Female |
A little background | They are mostly working professionals with disposable money. They regularly attend events depending on their artist/art form preferences. They are a bit of explorers of culture & festivals. | They are mostly either freshly employed or mid-level professionals with disposable money. They want to enjoy their time going out with friends, partying, eating out & meeting new people. | |||
Marital Status | Unmarried / Married | Mostly Unmarried | Married | Unmarried/married | Unmarried/married |
Income Range | 1L - 2L per month | 30K - 50K per month | 2L - 3L per month | 1L - 2L per month | 3L - 4L per month |
Need |
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| Local cultural experiences |
Pain Point |
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| Difficulty navigating Indian ticketing, limited foreign-language support |
Frequency of Use Case | 6-8 times per month | 3-4 times in 2-3 months | 1-2 events per month | Multiple large bookings per year | Seasonal, 1-2 events per trip |
Level of commitment | Very high | Medium to high | Medium | Low | Low |
Frequently Used Social Media Apps | Facebook, Instagram, YouTube, Twitter, LinkedIn, WhatsApp | Facebook, LinkedIn, Snapchat, YouTube, WhatsApp | Facebook, Instagram, WhatsApp, YouTube, LinkedIn | LinkedIn, Facebook, Twitter | LinkedIn, Twitter, Facebook, Instagram, Snapchat |
Frequently used e-commerce apps | Amazon, Flipkart, Myntra, Swiggy, Zomato, BookMyShow, Paytm | Amazon, Flipkart, Paytm, Swiggy, Zomato, BookMyShow | Amazon, Flipkart, BigBasket, FirstCry, Swiggy, Zomato, Paytm | Not very relevant here | Global apps like Amazon, Airbnb, TripAdvisor |
Frequently used OTT apps | Netflix, Amazon Prime Video, Disney+ Hotstar, Zee5, SonyLIV | Netflix, Amazon Prime Video, YouTube, Disney+ Hotstar | Netflix, Amazon Prime Video, Disney+ Hotstar, Zee5, YouTube Kids | Not very relevant here | Netflix, YouTube, Hulu, International OTT platforms |
Income Spent On |
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Purchase Behaviour for Events |
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| - Look for authentic local experiences |
Why Choose Paytm Insider over other Platforms? | Paytm Insider offer
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| - Availability of local events with English descriptions |
Typical Event Categories Attended via Paytm Insider |
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| - Cultural festivals |
Customer AOV (Average Order Value) | High AOV | Medium to low | They buy multiple tickets, hence their AOV is medium to high | High (bulk booking) | Medium |
Ability to Spend | High | Medium | medium to high | High (based on corporate budget) | High |
Which feature do they value the most | Discovery of niche, local events easy & seamless booking process Trusted payment options | Discounts Exclusive offers easy & seamless booking process Trusted payment options | Access to a wide range of shows for kids easy & seamless booking process Trusted payment options | Access to team building activities, workshops etc. easy & seamless booking process Trusted payment options | Discovery of local & authentic cultural events via the homepage Trusted payment options |
Shift Needed to Spend on Paytm Insider | Minimal shift required as they are already interested in events. | They are usually motivated by discounts. Hence, giving them special discounts on Weekends can motivate them. Also, they need easy access to the events they are interested in. | Need more kid-friendly shows / events listed on the platform. Discounts on booking multiple tickets | Need for corporate-specific features; dedicated account management, invoicing options, and customised solutions. | Need for user interface in English, acceptance of international payment methods, and clear information about events to encourage usage among international travelers. |
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ICP | Revenue Potential | Frequency of Usage | CLTV | Ease of acquisition & retention | Priority Level |
---|---|---|---|---|---|
Enthusiastic Entertainment Buffs | High, they are regular event goers. They are willing to pay for their favourite artists or to explore a new event in town. | High | High, they are the loyal users as they are passionate about exploring niche, local events, various artists etc. | High, due to their social media presence and their love for events | High |
Young Casual Event Goers | Medium to high, depending on the trends that their peers are following, the discounts, the availability of popular shows on weekends. | Medium | Medium | High, highly active on social media, influenced by trends and friends | Medium |
The Family-Oriented Viewer | Medium to low. Their choice of events depends on their family's preference. | Medium | Medium | Medium - Require family-friendly events and clear communication | Medium |
The Corporate Event Planner | High, they book bulk tickets | Low, infrequent usage, drop off due to unavailability of a large amount of tickets for corporates | Low (Low frequency, high drop off) | Low - Complex acquisition process with corporate-specific needs | Low |
The International Traveller | Medium | Low | Low, due to low frequency, only seasonal availability of these segment | Low - Language barriers, complex payment methods | Low |
Market Sizing: India's online ticket booking market size includes service industry of Movies, Events & Corporates.
Looking at reference data points we see (ref to 2023 data from google)
Movies - Online segment annually generates INR 14,300 crore which 35-40% of total market(This mostly from Tier 1 and offline remain a significant portion from tier 2 and tier 3 which is heavy on offline sales)
Live Events - Live events contributes to the market in tune of INR 12,500 crore annually with 30-35% contribution from online.
Corporate Events - This segment dominates with INR 33,600 crore with 20-25% penetration in the market online.
Across all three estimated market size for online across ticket booking business is total -INR 60,400 crore or $8 Billion.
In current market penetration Bookmyshow 45-50% as leader in the space and Paytm Insider's market share stand at 25-30% so in terms of dollar value Paytm Insider can
The smartphone usage in India has significantly transformed India’s ticket booking landscape. With increasing internet penetration and smartphone usage, consumers are shifting from traditional offline methods to convenient online platforms. This market research aims to provide some idea with actionable insights to capitalize on this growing market.
The online ticket booking industry in India encompasses digital platforms facilitating the purchase of tickets for:
Movies
Live Events (concerts, festivals, theatre)
Corporate Events (conferences, seminars, workshops)
Some market trends that we have observed
- Rising Internet Penetration: As of 2024, India has over 800 million internet users, with a significant portion engaging in online transactions.
- Smartphone Adoption: Affordable smartphones have led to increased mobile internet usage, driving app-based ticket bookings.
- Digital Payments Growth: Unified Payments Interface (UPI) transactions have surged, enhancing consumer confidence in online payments.
- Post-Pandemic Recovery: The entertainment industry is witnessing a resurgence, with a pent-up demand for live events and movie-going experiences.
Let’s look into Market sizing for Paytm Insider, Utilizing a top-down approach, we estimate the market size through TAM, SAM, and SOM.
Total Indian Film Industry Revenue (2022): INR 40,000 crore
Average Ticket Price (ATP): INR 200
Estimated Total Tickets Sold Annually: 2 billion
Online Ticketing Penetration: 35-40%
TAM for Online Movie Tickets:
- Calculation: 2 billion tickets * 35% online penetration * INR 200 ATP
- Result: INR 14,000 crore
Event Industry Value: INR 12,500 crore
Online Ticketing Penetration: 30-35%
TAM for Online Live Events:
- Calculation: INR 12,500 crore * 32.5% average online penetration
- Result: INR 4,062 crore
Corporate Events Industry Value: INR 33,600 crore
Online Penetration: 20-25%
TAM for Online Corporate Events:
- Calculation: INR 33,600 crore * 22.5% average online penetration
- Result: INR 7,560 crore
Total TAM: INR 14,000 crore + INR 4,062 crore + INR 7,560 crore = INR 25,622 crore (~USD 3.4 billion)
Considering operational capabilities and target demographics:
- Geographic Focus: Urban centers, Tier-1 and Tier-2 cities
- Demographic Focus: Internet-savvy population aged 18-45
Estimated SAM: 70% of TAM
- SAM Size: INR 25,622 crore * 70% = INR 17,935 crore (~USD 2.4 billion)
Realistic market share Paytm Insider can capture:
- Current Market Share: 25-30%
- SOM Size:
- Lower Estimate: INR 17,935 crore * 25% = INR 4,483 crore
- Higher Estimate: INR 17,935 crore * 30% = INR 5,380 crore
BookMyShow
- Market Share: 45-50%
- Services: Movies, events, Spots, activities
- Strengths:
- Extensive partnerships with cinemas and event organizers
- Strong brand recognition
- Advanced technology platform
Paytm Insider
- Market Share: 25-30%
- Services: Spots, Events, experiences, movies
- Strengths:
- Integration with Paytm’s ecosystem
- Innovative event offerings
- Competitive pricing strategies
TicketNew
- Market Share: ~10%
- Focus: Movie ticketing in South India
- Strengths:
- Strong regional presence
- Partnerships with local cinemas
Other Players
- Explara, Townscript, MeraEvents: Focus on niche events, corporate bookings
Competitive Advantages
BookMyShow
- User Base: Over 50 million monthly active users
- Technological Edge: Personalized recommendations, AI-driven analytics
- Exclusive Rights: Premier events and movie screenings
Paytm Insider
- Paytm Integration: Access to over 300 million Paytm users
- Financial Services: Seamless payment options, cashback offers
- Innovative Events: Curated experiences, virtual events during the pandemic
Consumer Behaviour Analysis of Users of the market
Demographics
- Age: 18-35 years constitute 70% of online ticket buyers
- Gender: Male (55%), Female (45%)
- Location:
- Urban Areas: 60%
- Tier-1 Cities: Mumbai, Delhi, Bengaluru, Chennai, Kolkata
- Tier-2 Cities: Ahmedabad, Pune, Jaipur, Lucknow
Psychographics of the users
- Interests:
- Entertainment and leisure activities
- Tech-savvy and digitally engaged
- Values:
- Convenience and time-saving
- Desire for new experiences
Digital Trends and Online Search Analysis
Google Search Volumes
Top Keywords and Monthly Search Volumes:
- “Movie tickets online”: 300,000 searches
- “Events in [City]“: 200,000 searches
- “Concert tickets India”: 80,000 searches
- “BookMyShow”: 1,000,000 searches
- “Paytm Insider”: 500,000 searches
Trend Analysis:
- Seasonal Peaks: Increase in searches during festival seasons and holiday periods
- Regional Language Searches: Growth in Hindi, Tamil, Telugu keywords indicating regional market potential
YouTube Trends
- Content Consumption:
- Event highlights, artist performances, movie trailers
- Influencer Impact:
- Collaborations with YouTube influencers drive event awareness
- Engagement Metrics:
- High view counts and engagement on promotional content
Social Media Insights
- Platforms: Instagram, Facebook, Twitter
- Engagement:
- Users follow event pages and artists for updates
- Hashtags like #EventsInDelhi, #Concerts2024 #MusicFestival trending periodically
- Advertising:
- Targeted ads show high click-through rates among the 18-35 demographic
Now let's dive a little into what people are talking about the brand.
I have segregated the reviews into few different buckets like Payment/Refund related issues, Listing/Discovery related issues, Customer Support Related issues & General/App related Issues
As we can see that the customers have complained about the refund process being delayed or not being processed. Here we have a scope to improve this refund process and increase customer satisfaction.
Customer Support Related Issues
Here we can see that users have given 1 star rating and negative reviews as they have not been satisfied with the customer support. Here we can improve customer satisfaction through providing first-class customer support.
Other App Related Issues:
In the above screenshots we can notice a mixed response regarding the app related issues. Some people said the filter system in the app isn't up to the mark while the other person has complained about a lack of payment options.
However, apart from these reviews, there are a few happy customers who have shared their positive experiences with Paytm Insider.
Here are a few screenshots
As we can see in the above segment, people have appreciated the quiz, smooth interface and uninterrupted booking experience as well as the educational event options and workshops.
Now Let's understand how people are discovering the app organically. Here are a few screenshot of organic & paid searches.
Based on above points on ICP, their pain points and reviews we understood that max potential for targetting is in casual and entertainment buff segment of users as they are the most retained, engaged audience base to build a sustainable growth business. The frequency of usage is also higher to go after based on preference and interests.
Let's deep dive more on the acquisition design for these segments.
Since I do not have the data for CAC & LTV as I do not have access to the dashboard, I am assuming data from my past experience. For Paytm Insider, the CAC is roughly ​INR 200. As per industry benchmark, the ARPU, gross margin & Average customer lifespan is as shown below.
ARPU: INR 700
Gross margin: 80%
Average customer lifespan: 2 years
LTV = ARPU x Gross Margin x average customer lifespan
LTV = 700 x 0.80 x 24 = 13,440
Now CAC to LTV ratio = LTV / CAC = 13440 / 200 = 67.2
This shows a healthy CAC to LTV ratio. So, we can rely on paid ads for acquisition.
In the paid ads section, Paytm Insider heavily depends on Google Search, YouTube & Meta Ads. As it is in the Mature Scaling stage (pre-acquisition), we can focus on scaling the existing paid channels which are working for Paytm Insider.
Let's deep dive more -
Google Search Ads: Google search ads are giving a high ROI as it is targeted for the high intent customers who are actively looking for event tickets, concert tickets & comedy show tickets.
YouTube Ads: YouTube ads help in discovery of events listed by Paytm Insider. Video ads are working well and giving a higher view.
Meta Ads: For different platform specific ads I have understood talking to target customer base and supply both are heavy Youtube and Insta users. Most movies and events are heavily promoted so to match supply and demand matching via ads to be done acquisition ads at Insta and Youtube ads over Google as primary focus of our Acquisition strategy will be awareness first and notifying right audience right events for them. Since majority of Paytm Insider's audience is in Facebook & Instagram, it is effective to run ads on Meta for easy discovery of events and increase ticket sales.
Since Paytm Insider is in mature scaling stage, let's take a different route for acquisition.
We will run Meta Ads for 2 cohorts to increase ticket sales, increase awareness about the upcoming events and to drive app installation so that users can experience better event discovery and a seamless booking flow.
From user interviews, I have identified that several users are not even aware that there's a separate app for Paytm Insider. They use Paytm Insider in Paytm App or the Paytm Insider website to book their event tickets online and remain unaware of a lot of events and end up having a broken experience as not all the events are listed/available there which are available on the app. Also, they do not receive regular push notification to get notified about the upcoming events which are streamlined as per their choices. Hence, to drive them to the app and increase app install for better booking experience, we can run an app install campaign.
We will use these 2 channels for acquisition
Goal:
Target Audience -
Demographics: 22- 35 years old, male mostly and live in metro cities (Delhi, Mumbai, Bangalore)
Behaviour: Frequently attends live events, concerts, comedy shows, sports events, festivals & niche cultural events. Have a list of favourite artists/shows that they love to repeatedly book for.
Interests/ Motivations: Artists, Music concerts, comedy shows, theatre, festivals, cultural shows, workshops etc.
I will run 2 different ads for A/B testing the copies & call to action
Ad Copy:
Headlines:
Headline: Discover the best events in your city
Description: From live concerts to comedy nights, find the hottest events near you with Paytm Insider. Don't miss out on exclusive event access, book now!
CTA: Book Tickets
Ad copy
Option 2:
Headline: Love Live Music? Discover the upcoming gigs!
Body: Get access to live performances, music festivals, and VIP tickets. Book your next concert with Paytm Insider and never miss a beat!
CTA:
Download App
Ad Formats:
Carousel Ads: Showcase different upcoming events like concerts, festivals, or stand-up shows so that the users can swipe through.
Video Ad: 15-30 second clips featuring event highlights, artist performances, and crowd engagement.
Instagram/Facebook stories: Fast-paced, full-screen vertical ads with “Swipe Up to Book” options.
Since Enthusiastic Event Buffs are more likely being motivated by the artist choices, they are more likely to follow artist pages. In this case, if possible to get access to artist pages, we can run ads through them as well.
CTR : To understand how effective are the copies & creatives
App Installs: To measure how many installations happened after clicking the ad
CPI: To measure if the installation is costing high or low
Conversion Rate: To measure how many people are converting (Booking tickets / installing app) after clicking the ad.
ROAS: To measure the revenue generated versus the amount spent on ads.
Goal:
Target Audience:
Demographics: 25 - 40, Living in Tier 1 & Tier 2 cities
Behaviour: Attends events occasionally, especially on weekends with friends. influenced by recommendation from friends. Do not actively look for events but likes to attend.
Interests: Social outing, popular artists, popular events, festivals, movies etc
Ad Copy
Option 1:
Headline: Your Weekend Plans? Sorted!
Body: Find exciting events near you – from comedy nights to movie screenings. Book on Paytm Insider and enjoy a 10% discount on your first booking!
CTA: Book Now
Ad Copy
Option 2: Headline: A Special Weekend Plan with 10% Off
Body: Whether it’s a movie night or a stand-up show, Paytm Insider helps you find and book events easily. Use the app for exclusive discounts
CTA: Download the app
Ad Format:
Image ads: Simple images that shows group activities or a night out with friends at a live music event or a comedy show. This will highlight the ease of booking through paytm insider app.
Discount Banner Ads: Highlight the special offer like 10% off on your first booking in a banner ad that will attract casual event goers who are sensitive to price.
Primary goal: Increase app installation
Secondary Goal: Increase event ticket sales and user engagement through the app.
Target Audience:
Ad Copy:
Headline should focus on what people are missing if they are not installing the app. For example:
Description will focus more on why it is important to download the app. Also, it will emphasize on the fact that exclusive events are available only on Paytm Insider app.
For example:
- Download Paytm Insider for exclusive access to tickets for music concerts, sports events, and live shows near you!
CTA: Install Now / Download Now
Landing Page: Google Playstore / Apple Store app installation page.
For Ad Campaigns our primary metrics to track will be App Install/Campaign & ROI
What I am trying to achieve through the referral program?
Primary Goal:
Increase app installs so that users have a better discovery of events which cannot be achieved through website or Paytm Payments App. Better curated push notifications, streamlined recommendations and more categories of events like Theatres, Workshops, Local & Niche music concerts, comedy shows etc will help the event-goers more active and they will never miss an event that they might fall in love with
Secondary Goal:
Increase brand loyalty of the existing customers that will lead to a higher retention.
Demographic: 25 - 40 years old, frequently attending events (2-3 times per month)
Gender: Male & Female
Interests: Music Events, Comedy shows, festivals, specific artists, theatre, festivals, cultural shows, workshops etc.
Referral Primary Goal:
- Increase App Installs and User Engagement: Encourage existing users to refer new users to the Paytm Insider app, leading to more app installs. This will enhance event discovery through personalized push notifications, streamlined recommendations, and access to a wider range of events (theatres, workshops, niche music concerts, comedy shows, etc.), making event-goers more active and ensuring they never miss events they might love.
Secondary Goal:
- Boost Brand Loyalty and Retention: Strengthen the loyalty of existing customers by rewarding them for referrals, which will lead to higher retention rates.
Strangely Insider don’t have any active referral program or any nudge from Paytm app also. This creates vaccuum space for a in depth referral process building. Let’s look into it -
User Interaction Points:
- After Successful Ticket Booking:
- For Exclusive Events:
- Upon booking an exclusive or high-demand event, trigger the referral prompt to capitalize on the user’s excitement.
- Active Users:
- Users who have completed at least 2 transactions in a month (data shows that such users have higher retention and love for the app).
Referral Process can be implemented:
- Easy Sharing:
- Provide the user with a unique referral code or link.
- Enable sharing across multiple platforms (WhatsApp, SMS, Email, Social Media).
- In-App Tracking:
- Create a dedicated referral dashboard within the app where users can track the status of their referrals (number of invites sent, installs, successful bookings, rewards earned).
- Gamification:
- Implement a progress bar or achievement badges to motivate users to refer more friends.
- Introduce leaderboards showcasing top referrers, adding a competitive and brag-worthy element.
Motivation and Rewards:
- For Referrer:
- Tiered Rewards System:
- 1 Referral: 30% discount on the next ticket booking (up to ₹100).
- 3 Referrals: Free ticket for an event of choice (up to ₹250).
- 5 Referrals: VIP access or exclusive merchandise (e.g., event T-shirts, memorabilia).
- 10 Referrals: Free couple ticket to a premium event or festival (up to ₹1,000).
- Platform Currency (“Insider Coins”):
- Earn “Insider Coins” for every referral, which can be accumulated and redeemed for tickets, discounts, or exclusive experiences.
- For Referee (New User):
- Welcome Offer:
- Flat 25% discount on the first ticket booking (up to ₹100).
- Bonus “Insider Coins” upon signing up and completing the first booking.
Strategies to Increase Average Referrals per Person
Incentivize Multiple Referrals:
- Tiered Rewards: Offer increasingly attractive rewards for more referrals.
- Limited-Time Challenges: Introduce time-bound events (e.g., “Refer 3 friends this week to unlock special rewards”).
Make Referrals Easy and Appealing:
- One-Click Sharing: Integrate with popular messaging and social apps for effortless sharing.
- Personalized Messages: Allow users to customize referral messages to add a personal touch.
Leverage Social Networks:
- Social Media Integration:
- Users can invite friends directly from their social media contacts.
- Encourage users to share their event bookings and experiences with embedded referral links.
Gamify the Experience:
- Challenges and Quests:
- Introduce referral challenges (e.g., “Refer a friend who books a music event to earn extra rewards”).
- Achievements and Badges:
- Unlock badges for milestones (e.g., “First Referral,” “Event Enthusiast”).
As we build the referral program, tracking and engagement is crucial to make things happening for user and metrics outcome.
Referrer Tracking and Engagement
Referral Dashboard:
- Real-Time Updates: Show the status of each referral (invited, signed up, booked).
- Rewards Summary: Display earned rewards and progress towards the next reward tier.
- Activity Timeline: Visual representation of referral activity over time.
What are the benefits of having the Paytm Insider app as opposed to the website or the Paytm super app?
Here I have searched with certain basic high intent generic keywords to find out where we stand as opposed to our competitors.
Here's the result:
Keywords | Paytm Insider | BoookMyShow | Eventbrite |
---|---|---|---|
online event ticket | 2nd Position | None | 1st Position |
music concert tickets | 3rd Position | 1st Position | None |
events online in bangalore | 2nd Position | 1st Position | 3rd position |
buy tickets for cricket match | 2nd Position | 1st Position | None |
buy tickets for music concert | 3rd Position | 1st Position | None |
buy event tickets online | 2nd Position | 1st Position | 3rd Position |
book event tickets online | 2nd Position | 1st Position | None |
upcoming events near me | 2nd Position | 1st Position | 3rd Position |
live events near me | 2nd Position | 1st Position | None |
comedy show ticket booking | 2nd Position | 1st Position | 3rd Position |
From the above ranking, we can understand that BookMyShow, the core competitor of Paytm Insider has won the top position in most of the organic searches. Hence, we need to focus more on the SEO to get the top rank.
For SEO our primary metrics to track will be Organic Traffic Increase to Install %
ASO Strategies:
Additional steps: Bug fixes and app updates: As per the reviews, people have faced issues with refund &
For ASO our primary metrics to track will be App Install/Traffic
Few other acquisition channels we can try out for Paytm Insider which can be cost-effective and impactful. Here are 2 of them.
College Ambassador Program:
Through this program we will target the young college going audience who are a key demographic for live events, music concerts & comedy shows.
This program will promote organic word of mouth marketing through the ambassadors. They will promote the events through social media channels, WhatsApp (1:1 & 1 to many). Peer recommendations are powerful.
Ambassador programs are comparatively cheaper than the traditional marketing efforts. Ambassadors can be easily compensated with free event tickets, merchandises etc.
Why: Micro-influencers have a niche audience which is highly engaged. Their audience rely heavily on their recommendations. Influencers who are creating content in the entertainment, music and lifestyle spaces can help Paytm Insider connect with the right audience.
What to Offer: Partner with local urban influencers who have loyal followings in specific regions. They can promote exclusive ticket discounts, live-stream behind-the-scenes of events, and create engaging content around upcoming events. For ex: Work with YouTubers or Instagram influencers to do event vlogs, and show how seamless it is to book tickets on Paytm Insider for concerts or comedy shows.
In this acquisition strategy, I have focused on two most important cohorts
Through Paid channels, referral programs & partnership programs, we will create a robust acquisition strategy. Also, with the help of SEO & ASO we will target more organic traffic so that we can convert them to loyal customers with less cost.
After implementing the acquisition strategy, we need to continuously keep optimising to get more conversion and increase ROI and thus sustainably increase market share of Paytm Insider as opposed to its competitors.
​
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