How OTT Apps Achieved Monetization?
As vast service providers may offer OTT solutions, but delivering unique solutions to their customers truly matters. We are specialized in developing robust, interactive, and scalable video streaming apps for popular OTT platforms to embellish the viewer experiences with adequate content delivery models.
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The OTT Monetization Approach
Primarily, there are there OTT video streaming application’s monetization approaches. These approaches are followed by the top successful OTT companies.
1.SVOD
SVOS stands for Subscription Video on Demand. In this approach, the user will able to see all range of videos and series after the payment of a particular amount as a fee.
2.TVOD
TVOD stands for Transactional Video on Demand. This monetization approach is based on pay per view. Here the users will not be asked for payment in the stage on login but payment is required to pay for the video series which they wish to watch.
3.AVOD
AVOD is abbreviated as an Ad-Supported Video on Demand. This is the approach where which is absolutely free for all the users. Here the monetization approach is completely based on ads as it is an ad-centric digital video service. Under this model, the revenue of advertisement is used for offsetting production, hosting, and content monetization.
The Development Cost of OTT Apps
The cost estimation of OTT App Development like Netflix/Amazon Prime/Youtube can be rolled down on to several factors.
1. The number of Platforms that the app works on.
2. The number of features that the app adds on.
3. The Geolocation of the app development company is located
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