How To Develop An On-Demand Video Streaming App Like Netflix?
We all know how much Netflix has hyped up amongst the youth. Everyone wants to invest their time in watching some good shows and some meaningful documentaries, whatnot. It is one of the best sources to watch some best shows over this app. Netflix has just taken over another on-demand video app. We shall know all the details in this article of how and what are the ways of developing this app and why you should develop an on-demand Video Streaming App like Netflix. This app has something which nobody can withstand and even other similar apps are such that it can be the best version if hired under the expertise developers.
What Is An On–demand Video Streaming App?
You might be clear with Netflix which does not need any introduction to know it. It is well known amongst us. What are these Video Streaming App? We have been seeing that various movies, TV shows, and various other web series are part of these apps. It is a treasure and a good source for watching movies and other shows. It has got the various shows inbuilt where you watch it anytime hassle–free. Gone are those days where you had to wait for an episode of the TV show to realize and then we could watch it over.
They are something which we should invest in as it has a large scope of the people approaching it. Who does not like to watch good shows and binge watch it? Everybody does. For the one good show, they will go to other apps also to just watch it. It has that level of fever where people even take subscriptions to watch it over. Imagine you being a business owner of such an app?
There are almost about 236 million viewers who are viewing different shows and movies over Netflix or other apps like Netflix. Almost everybody keen to watch has been watching it over and over. This is the clear stats that you can run this app easily by catching people’s attention. These apps are always going to attract people’s attention and thus it is worth investing it.
Like Netflix
As we all know there are various benefits to investing in an on–demand app like Netflix, it is also important to know why is it important to invest and what are the other features which help in boosting such business. It will help you to get the points clearer about developing an app like Netflix. It also helps in the significant growth potential which helps in the growth of the business of business owners of the app as well as customers get the entertainment packages.
Features
We all have been using Netflix for our favorite shows and movies. We have been observing some of the features while using it. Similarly, there will be similar features in developing an On-Demand Video Streaming App like Netflix.
Free Trial
There is a free trial available for us to see and have a look at how this app works? Isn’t that the nicest feature that is highly beneficial to the people who are not at all aware of the working of the app? There will be a particular free trial period from which we can make out how the working of an app is.
Unlimited Content
There will be unlimited content for watching and other various entertainment resources after subscription. Once you pay the subscription amount there will be unlimited content for watching and there will be no restrictions for watching anything after you pay a particular subscription amount.
Management of Profiles
There will be specific management of individuals‘ profiles and will have to make it an account after filling up the credentials to make one. This will help in the individual management of profiles. The profile of users as well as business owners are well managed with particular records saved. You can also save or add your favorite movies or shows into the watch list and can watch it later anytime you want.
Content Download
You can easily download the content for watching it offline so one does not need the internet whenever the user wants to watch the videos.
Payment
Payment terms should be smooth so there is no doubt regarding the payment terms and other subscription formalities. In–app payment is available where you can pay from the app, do not have to run several apps for the payment, and just can’t finish up the payment by clicking it from the app itself.
Multilingual
This app will be renowned worldwide and thus it will be available in all different languages where everybody can watch and understand their languages. It is one of the best features where nobody feels left out of not being able to watch it. So it is a multilingual supported app.
There are more basic things that need to be focused on while developing an app like Netflix.
Strategies
There have to be various strategies which should be developed to attract the people more to approach your app for watching the video streaming on that app. Strategies include the choice of selecting content by which maximum people are attached and attracted to approach for that app. When the app is ready it needs proper marketing and it needs to be spread over the maximum people. It needs a proper marketing strategy to develop the market of the app. ASO, monetization, and many other strategies are to be taken care of during the whole developing an app like Netflix. It is not easy to compete with Netflix but can achieve it if it is done properly. thirstyDevs ensures about developing an app in the perfect way possible.
Scope
If we look at the Netflix market it is highly developed and we have to study the reasons behind the popularity of one app. Nothing more to be worried about, it needs proper knowledge of knowing its audience. The taste of the audience regarding the content should be known by the business owners. This will help in achieving the maximum traffic by the people and it will take a different level hike. Not only that but it is important to spread over maximum geographical locations so that maximum people can approach to watch it and use it. At last, it will be beneficial to you as maximum traffic will be attracted to you for your content.
It is not easy to develop a big project like Netflix but it is not impossible. At the beginning of the development, it is important to use the Agile SDLC model and then start with the MVP. It is important to develop for various platforms such as android, web, and iOS developing systems. It should not be restricted to any of the developing systems.
Team
The best skillful teams are present with the thirstyDevs which enhance in fulfilling the desire to achieve the goals of marketing the developed app as much as possible. Behind one app to fulfill, it needs a bunch of team members to develop it and at last making sure about the scope in the market. It’s not an easy task to develop an app as it has to be run through various challenges but thirstyDevs makes sure that it has the best team with them. Team includes;
- Software engineers
- Business strategist
- UI/UX design developing team
- Web developing expertise
- Android developing team
- iOS developing team
- Project managing team
A bunch of the mentioned team can make an app which is already existing in the family of thirstyDevs.
Choosing The Right Software
This app has different services to serve and thus it does not end doing one thing for developing an app. It has various things and almost all are different from each other and so it needs proper software to develop. Choosing the right software plays an important role in the making of an app as it is the basic thing that helps an app to be developed. It needs proper planning which should be easy to maintain the app and run through after it is developed.
Cost
It is an app which is worth investing in, it is important to know the cost of developing such a successful app that will be in high demand. It is worth investing in such apps where you should not even give a second thought to it. The basic pricing starts with the $10000 and $15000 and further it depends on the structure and the things which have to be included in the making of an app. Price may be any but it is worth investing as it has the maximum market value for business and can earn pretty much out of it.
Are you planning to compete with Netflix and make one of your own? You are at the right place to approach. thirstyDevs provides you with the best possible experience you will ever have of making an app. It also includes after services in case of any occurrence of objections. It will stand by you. The after service in any services matters a lot. So what are you thinking? Just grab this opportunity and start your own business like no other.
Cost Of Developing A Successful Video Streaming Apps
Video streaming apps are very popular nowadays among youngsters and people belonging to different age groups. We see a bunch of video streaming apps launching in the market day by day. The trend of streaming videos or web series on a particular platform is kind of new and very exciting in the market.
The trend of different types of video streaming platforms will provide you with a whole different level of success and will increase your profits. You can easily rely on these video streaming platforms for entertainment purposes also. In today’s world entertainment is one of the most basic requirements of a person’s life. Video streaming apps like Netflix, Amazon Prime, Zee5 and many others are a part of entertainment in our life. It is the most exciting turn in the entertainment business.
Video streaming mobile app like Amazon prime is always coming out with different types of web series which attract a lot of audience on to their platform. Amazon Prime has been doing wonders since its launch.
The audiences are always eager to look for something exciting and interesting to watch. Amazon prime statistics are really good. This video streaming mobile app has created an immense audience base and is continuously attracting more and more audience towards their streaming platform.
Statistics Of Amazon Prime
Amazon prime has attracted a lot of audience through different types of shows that they are providing on their platforms. These shows are entertaining, interesting and also very engaging to look at. If we look through the statistics of Amazon prime we will find a huge turnover and profits.
Amazon Prime currently has more than 200 million unique United States visitors on the video streaming platform per month. It had made around 280.5 billion US dollars in revenue in the year 2019.
Here are some statistics of Amazon prime that will highly impress you-
- There are more than 150 million users of Amazon prime worldwide as of 2019.
- There are more than 112 million people who have subscribed to Amazon prime alone in the United States region.
- The average amount spent by the Amazon prime members in the United States is 1400 USD dollars as of 2019.
Video Streaming Platforms
The main essence of these video streaming platforms is the availability of different types of content on the same platform. Today’s audiences prefer a large number of choices in one place so that they can stream according to their interest. There is a large variety of content available at these video streaming platforms. It is safe to say that-
Higher the quality of content, the more audience you will attract.
The purpose of developing different video streaming platforms is to give the choice of selecting personalized videos to the audience. You do not push your content to the audience, you attract the audience to your content!
There are several benefits of video streaming platforms over your local traditional cable TV.
- The video streaming platforms give the audience flexibility of choosing their desired time and of course place of watching their favourite series.
- The audience has the right to choose. They can choose whatever content they like to stream.
- You can like, unlike, comment and also review your content. Which can express your views about the content on the platform.
- You can track your payment status.
- Some video streaming platforms give the facility of downloading the web series so that the customer can view it offline if they want.
- You can pause, rewind, fast forward your content at any given point which is not possible when you are watching your series on a traditional TV cable.
- Video streaming platforms are also compatible with every different type of digital device.
The whole point of video streaming platforms is to give the audience, facility to watch their selected videos anytime and anywhere.
How Do These Platforms Make Revenue?
The most important thing about developing a video streaming app is to look through the list of revenue making features of it. The application can make revenue via different types of features and options.
Subscriptions
Some of the video streaming apps are popular because of their subscription plans. Many of the apps are giving out monthly subscriptions, 6-month subscriptions or even yearly subscriptions to their customers. You can easily opt for any of the given criteria and accept what is best for you. The main part of revenue for the video streaming platforms is the subscriptions.
Purchase Per Content
You can also occupy the concept of purchase per content, that is you can allow your customers to purchase only the content that they want to watch. In this type of criteria, you can earn a huge amount of money in one go because when a movie goes in a trend many of the customers would like to purchase it and that can make good revenue. It will also allow your customers to have that flexibility and freedom of choice.
Third-Party Ads
You can run third-party advertisements on your video streaming platforms and that will be a great start for you to earn a big amount of revenue with a very small investment. These third-party advertisements are a great way to earn the perfect amount of revenue even if your application is not doing so well in the market. The third-party advertisements are always helpful in owning some extra amount of money which can cover your app development cost.
Features Of The Best Video Streaming App
There is a ton of video streaming platforms available all over the world but what makes the best video streaming app is the availability of different types of features!
Unique Accounts
The possibility that your customer wants a simplified registration procedure while using your video streaming app is hundred per cent favorable. There can be a portal through which the customers would be able to sign up on the application through any of their social media. This unique account will help them to keep track of their content.
Real-Time Video Streaming
There should be a portal through which the customers are able to stream live shows with minimal internet usage. You can develop a platform through which your customers are able to see live cricket matches, volleyball matches, football matches and also many other reality shows in real-time. Many of the customers want to have the freedom to stream their favorite topic in a real-time scenario.
Payment Options
In this new era of digitization, it is very important to have multiple payment gateway options for your customers. You have to understand the diversity of customers that are coming your way. That you need to develop a secure transaction model for your customers and protect their data security and privacy. Which you can integrate Google pay, Paytm, debit card, credit card and direct bank transfer facilities for your customers.
Multiple Languages
We are living in a time of diversity and you shall also integrate multiple language support for your customers. This will act as a bonus feature for a video streaming app. This feature will also attract a lot of audience to your application. There are different types of people available in the world today and when it comes to real-time events some of the people like to watch them in their local language.
Playlist
Make sure that you transit the procedure of adding content in the playlist for your customers. You can develop a portal through which your customers will be able to make their own playlist of their favorite web series. This will help them to customize the application according to their tastes and preferences.
Search Option
You have to make sure that your application is giving support to the customers to search for their favorite content. The search option is a very vital option for people who are using your application. Make sure that you make your application very user friendly. The searches option will help your customers to customize the application and look for their favorite content.
User Engagement
You have to have the option through which your customers can engage with other users in the platform. Make sure that you develop like, unlike, comment options on your video streaming platform. This will not only help your customers to choose the better content but also it will help them to engage with other users using the same platform.
Push Notifications
The feature of push notification is all about increasing more and more people to use your platform. The push notification feature will inform your customers about the different types of trends that are going through in the world of entertainment. You can send push notifications to the customers when there are discount offers on your application or on the arrival of the latest shows.
Offline Saving
Getting internet everywhere is not possible so you have to develop a procedure through which your customers will be able to download their favorite shows offline and can view it at any time possible. This feature will be very helpful for different customers.
Video App Development Cost
The proper app for streaming videos can be developed with a strong team of individuals. You can hire our services if you want to build an effective and highly user-friendly video streaming application.
thirstyDevs Infotech has the proper team of project managers and application developers who will help you to manage their application according to your preferences. The video app development cost cannot be calculated perfectly but it will definitely bring you fruitful results. Make sure that you hire us to avail the best application services!
