Decades ago, antennas were meant to be the easiest way to watch a TV program or a movie with much clarity. Take a fast forward, and now you are in 2021, where televisions are no longer our priority for entertainment. Mobile phones have completely replaced our television days through their presence.
Honestly, we are used to OTT platforms where we can enjoy different genres. Post-pandemic, these OTT apps have become more popular among people to beat their boredom of being in quarantine. The best business idea is something that can assure a promising future and a reality that is worth dreaming about.
Video streaming apps like Netflix are gaining momentous popularity among people as they provide a perfect mixture of entertainment for people. With the present market of these video streaming apps in much higher notations, we suggest that it would be an alluring business idea for you to start your own venture.
Why launching an app like Netflix will be a great start for your venture?
Amidst the pandemic, the only industry that was constantly performing well in the market was the on-demand video streaming services. When people are tied up in their homes, mobile phones are their only source of entertainment. This has eventually led people to seek OTT platforms.
In such situations, when theatres were all shut down, movies started getting released through these platforms. This was a great add-on for people. Instead of spending their money on theatres, they started watching them on their OTTs.
Some of the benefits of a video streaming app are as follows,
- User-friendly and encourages users to access them anytime and anywhere.
- Increases the brand value.
- A great source of entertainment for users to enjoy over a variety of genres.
- Attractive and alluring for the users to access through a wide range of genres.
- Easy-to-use and can capture people’s attention much easily.
- Securing Broadcasting rights over movies is a great way of revenue generation.
- Within the paid subscription cost, the users can enjoy watching through the app.
How to literally get started with developing a Netflix clone app?
Once your ideas are ready, you can start figuring out how to materialize them. In the following passage, we have listed out some of the things to consider before launching your Netflix clone app,
- Identify the areas you want to cover in your app, i.e., your niche market. There are different types of video streaming apps that focus on different aspects. For example, you can select between entertainment, education, fitness, medical, etc. Here, you can choose your niche market.
- Decide your business model whether you would buy or rent videos from the content makers or you will create your own videos. For example, platforms like YouTube, Netflix and all will get their video content from other creators. They will feature them in the app for the users to view. So, you can select your ideal model at this stage.
- Revenue generation is the major aspect of a business. So decide on an effective monetization model for your app. According to the other popular models, advertisements and subscription fees are the best ways to earn money. Apart from this, you can opt for premium services and pay-per-click ads.
- Get in touch with the app development companies to develop your Netflix clone app. It would be fine if you go for ready-made apps as they are cost-effective. It will save you the time and money you spend in developing the app from scratch.
Top-notch Features To Include In Your Netflix Clone Script
User registration
This is the stage where you can collect information about your users. So, include options like contact number, email address, or social media account through which they can register with the app.
Personal profile
At this procedure, you can ask your users to fill in their personal details, which are editable. You can also verify the age and domain of the users. If they are below 18, suggest to them the kids’ content area.
High-quality videos
When people approach your app to watch videos, their only intention is to get high-quality HD videos. So, do not compromise with this option. Provide the best quality videos for the users.
Advanced search options
The advanced search options will allow the users to search their desired contents in a fraction of seconds. They can enter the search term and get related searches in no time.
Subscription plans
Different users will have different interests and ideas. So, your app should provide different subscription plans to the users. It is better to categorize them according to different genres and budgets. However, they will select their feasible option.
Download videos
For users with premium subscription plans, you can provide the flexibility to download the videos from the app. They can just click the download button near the videos to download them to their mobile phones.
Multiple payment options
The app should have the ability to process payments from different payment mediums. So, include more payment options like card payment, net banking, mobile wallets, etc.
What is the budget to develop a Netflix app clone?
Generally, the cost of app development is determined by various factors. These factors play a major role in deciding the price of app development. In the passage below, we have listed those determining factors for your understanding.
App platform – The app platforms, i.e., the Android or iOS servers, also play an important role. In case you wish to launch the app on both platforms, the price will be quite high. In some cases, entrepreneurs will generally start with launching from Android to cut down their budget.
UX/UI design – The intuitive design you choose for your platform will also have an impact. So, choose avid colors and themes that can allure the users at first glance.
App size – The features and their level of advancement will seriously impact the cost factor. Advanced features will lead to an increase in the app size. So, be conscious in choosing your features.
Apart from this, the customization standards and the total hours spent by the app developers will also be considered in determining the cost.
Wrapping up,
We could understand how video streaming apps provide great revenue generation options for entrepreneurs in analyzing the market. Entrepreneurs can work out a perfect strategy and hit the market with a robust Netflix clone app. Opt for experienced app developers to get your on-demand video streaming app development solution.
