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Dynamic Ticket Pricing System

Objective

To build a smart ticketing system for events, travel, or entertainment platforms where ticket prices adjust dynamically based on demand, time, seat availability, and customer behavior. This helps maximize revenue for organizers while giving customers fair and flexible pricing.

Key Features

Feature Description
Event/Trip Listing Organizers can add events or journeys with details like seat layout, base price, date, and capacity.
Dynamic Pricing Engine Prices adjust in real-time based on demand, booking trends, time left, and competitor analysis.
Early-Bird Discounts Lower prices for early buyers, increasing gradually as event date nears.
Seat Category Pricing Different tiers (VIP, Standard, Economy) with varying prices.
Demand Surge Pricing Prices rise automatically when booking demand spikes.
Customer Dashboard View available events/trips, book tickets, see live price changes.
Analytics Dashboard Organizers track revenue, seat occupancy, and demand trends.
Payment Integration Secure payment gateway with multiple options (UPI, card, wallets).
Notifications Alerts for price drops, discounts, or limited seats.
Fraud Prevention One customer cannot bulk-book and resell tickets (using purchase limits + verification).

Technology Stack

Frontend: React.js / Angular, Bootstrap / Tailwind CSS, Chart.js (for analytics)

Backend: Node.js (Express) / Spring Boot (Java), REST APIs with WebSockets for real-time price updates

Database: MySQL / PostgreSQL (transactions, users, bookings), Redis (fast cache for seat availability)

AI/ML Layer: Pricing algorithms (demand forecasting, competitor pricing, time-series analysis)

Cloud & Services: AWS Lambda (pricing engine), Firebase (notifications), Stripe/Razorpay (payments)

Workflow

  1. Event/Travel Creation → Organizer defines event/trip, seats, base price, rules.

  2. Dynamic Pricing Engine → System calculates price using algorithms (demand, time, seat left).

  3. Customer Browsing → Customers see available tickets with current real-time price.

  4. Booking & Payment → User selects seat(s), completes secure payment.

  5. Seat Locking → Prevents duplicate bookings while user pays.

  6. Confirmation → Ticket issued with QR code/unique booking ID.

  7. Analytics for Organizer → Dashboard shows sales, occupancy, revenue.

User Roles

  • Customer → Browse events/trips, book tickets, track price changes.

  • Organizer → Add/manage events, monitor sales, analyze revenue.

  • Admin → Manage platform, verify organizers, handle disputes, monitor fraud.

Security Features

  • Role-based access control (Admin, Organizer, Customer).

  • OTP/2FA during booking.

  • Secure payment with escrow integration.

  • Data encryption for transactions.

  • Anti-bot protection for bulk ticket booking.

Analytics

  • Revenue per Event/Trip → Compare actual vs. projected revenue.

  • Price vs. Demand Graphs → See how pricing strategy affects sales.

  • Occupancy Rate → Seats sold vs. available.

  • Customer Insights → Booking trends, frequent buyers, spending patterns.

What You Get

  • A real-time ticket booking platform.

  • AI-driven pricing engine.

  • Interactive dashboard for organizers.

  • Secure payment and booking system.

  • Scalable solution for events, concerts, travel companies, airlines.

Why Choose This Project?

  • Dynamic pricing is widely used in airlines, hotels, and event management, making it a real-world applicable project.

  • Enhances revenue optimization for organizers while ensuring fair pricing for customers.

  • Involves AI, real-time updates, analytics, and e-commerce features, making it a strong full-stack + data-driven project.

This Course Fee:

₹ 2499 /-

Project includes:
  • Customization Icon Customization Fully
  • Security Icon Security High
  • Speed Icon Performance Fast
  • Updates Icon Future Updates Free
  • Users Icon Total Buyers 500+
  • Support Icon Support Lifetime
Secure Payment:
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