How to Build a Billion-Dollar Video On Demand (VOD) Website?

Online video industry has been booming past few years now & it continues to grow its value even more.. What sets the business industry apart is seen as such when on demand videos are displayed alluringly other than the traditional text format.. Viewers get intensely with video much so ever, since its well documented. Infact, it is anticipated that the human brain process video more than 50,000 times faster than text. 

Also, statistics from Wyzowl clearly show that companies create different types of video. 

Mostly 42% use live actionated, 33% mainly use animated videos & 15% use it for screen recording purpose 

The above will make it clear to why there are greater chances to pursue video on demand. Many businesses have been adapting to build a video on demand streaming platform after the rise of global pandemic.  As many people are constrained to their homes, the demand for VOD services gets increasing high which reflects the industry, much stronger. 

And..

That is why so many companies have developed VOD-based business models to expand their brands. 

Now let’s delve deeper about..

What is VOD Platform?

VOD or video-on-demand is a way of delivering videos that are selected by consumers from the inventory at any moment from anywhere in the world. They will choose to view videos according to their set preferences. You can quickly increase mode of profitability by making a VOD website & regulate what kind of content do viewers prefer, control their watching patterns. 

Read Also: What is VOD? A Definition of VOD & Its Meaning

Type of Industries Using VOD Technology

Media & Entertainment

Media companies are now looking for transition in business models windowing several strategies helping to navigate the new streaming normal. 

Sports

Sports personalities can build their own VOD website and bring in a huge fanbase easily. What’s more is as per analysts, streaming sports online is more prevalent than traditional TV channels 

Fitness

Fitness practitioners can make their way in earning proactively online by hosting virtual workouts via creating a VOD website carried with real-time streams 

Education

Tutors can start their own online course platform who carries a good experience & interest in sharing their knowledge. Becoming a digital teacher gives the best means to develop ROI 

Enterprises

Enterprises or mammoth brands can incredibly create durable revenue streams by leveraging on unexplored trends & build a dynamic video on demand website

Religious

Religious groups or faith leaders have begun to offer online alternatives in order to listen to popular content offerings in the format of video-on-demand, live streamed events, podcasts, etc.

Therefore, these are the wide spectrum of use cases spread-out that business owners can leverage on, by shaping streaming infrastructure of your kind. They help you to spin diverse channels & distribute them with a plethora of video on demand services, across the world by building your own VOD online hub. 

Coming up next, we’ll see..     

Benefits Of Building Custom VOD Streaming Website

Broadcasters as well as content owners have their audiences engaged by providing content via different OTT offerings with less intrusive ads. They can largely benefit by offering subscription-based video on demand content through proprietary channels or choose to offer free content via connected devices, TV apps, etc. 

Moreover, for new creators while they are looking for how to create a video on demand website the broadcasting space means a lot in terms of wider audience reachability than traditional means of delivering broadcasts.

1. Brand Awareness

VOD highlights the concept of building trusty relationships with your audience. It gives the ability to interact with consumers in real-time making it more reachable to them 

2. Scalability

While looking into ‘How to start own VOD website’ some of the critical parameters underplay such as storage, users view time, device speed, distribution of physical location of consumers 

3. Diminishing The Cost And Time

The pricing factor comes into play because you’ll only need an intrinsic web streaming architecture which can be owned by yourself. And when it comes to time, the solution is mostly built within 3 to 4 working weeks by platform providers. 

4. Monetization

Discover plenty of revenue-building opportunities for you such as monetizing VOD content right from SVOD, AVOD, TVOD, Catchup TV, Coupons & Promotions, Video Paywall, etc.  

5. Convenience

Increase the feasibility of your on-demand content to users where ever they are placed. You can schedule or pre-record those videos & make it accessible to viewers without any restrictions. 

How to Build the Best Video On Demand Website?

As a content owner, you might be wondering how to use VOD streams to advantage within your business & bring in loads of revenue.

There are several ways you can benefit from and they are: 

* Select an A-grade VOD Service Provider

The professional VOD service can assist you to compile your assets & host them with the assistance of reliable service providers

* Target Your Userbase Across All Regions 

By using strategic content delivery, you can make your audio or video material adaptable and compatible for streaming across all platforms and devices

* Enhanced Viewer Experience

Originate any sort of content you would like to display to your audience to make it alluring & deliver a charismatic experience. With multiple OTT providers make streams available in HD. 

* Monitor Your Audience Behavior

Dynamic targeted audience is the primary component of your business and a variety of content delivery will establish specific viewing trends. Measure those with analytical tools to guage your content performance.  

* Monetization Business Models

Pick the video monetization model that best fits your business while researching on how to build & extract profitability in the section of video on demand business. Enable increased viewership of your on-demand videos largely in a constant manner. 

* Branded VOD Apps

You can release your professional-type content powered by branded application in order to connect with viewers across mobile, web or TV apps. Customized templates for apps can be created for your website by OTT app builders & successfully launch them in no time. 

Upnext we will be exploring… 

How CONTUS VPlayed Helps to Start a Successful VOD Business?

CONTUS VPlayed facilitates content broadcasters, streaming specialists, with a branded VOD platform that is built with top-notch technologies and explored with endless streaming possibilities. They are empowered with a unique video on demand solution that has 150+ features along with 6+ revenue-generating models. 

Let’s see some of its unique revenue-driven features, by which content owners can reach  audiences by making streams compatible across devices

# 100% Customizable

Customize your platform according to your business-centric needs right from adding new features to integration of 3rd party resources 

# On Cloud/ On Premises

You can easily discover newfound flexibilities for organizations from CONTUS VPlayed. Now platform integration can be done either on cloud or at premises

# Video Hosting

Make your videos viable in any place you wish them to be in the process of uploading them to a platform. With this millions of viewers around the world can view with one simple click  

# Multiple Monetization Model

A business model and monetization are linked ideas in that creating a way to make money and make a profit via top video monetization models which is a crucial component of a good business plan

# Secured AES

With a meticulously conceived security , VPlayed’s 3 tier security elements makes sure your content is safeguarded with AES encryption keys.

# All Device Video Player

The players functionality of HTML5 video player provides consistent quality of streaming for all video and audio formats. Additionally, users can have choices of using customizable features such as pause, rewind playbacks of their selection.

# In Built Marketing Tools

Integrate CONTUS VPlayed’s  built-in marketing capabilities for your VOD app for greater content optimization.

Conclusion:

We hope that you would know how to create a video on demand website right from the start. If you have any plans of launching your own whitelabel VOD streaming services in the future, but still are on the fence of which platform provider, could help you, you can consider VPlayed. Get completely customizable VOD solution to turn your video business into a reality.  If you find any situations to handle on the way, it will be dealt by professional support team within business working days 24*7.  

If You Already Have an Idea About Starting a Video on Demand Business, Schedule a Free Demo and We’ll Get You On The Road To VOD Streaming Success!

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