21 Jul 2020
Updated on September 23rd, 2022
How to Build a Live Streaming App like Netflix, Prime, Disney+ Hotstar?
Entertainment application development is currently dominating the market all over the world. It is opening up the door for popular streaming service apps. It has allowed businesses to dwell in the pool of advantages they deliver. This sudden trend indicates that the global population loves and appreciates these applications’ services. The increase in their revenue has triggered the curiosity of budding entrepreneurs. Now there are a lot of people who want to create an app like Netflix and reap the benefits of alleviating the revenue funnel.
Every single one of us is fighting a war against an invisible enemy. Hence, most of us have taken refuge within the four walls of our house to confine the community spread. It limits our options for entertainment. As we cannot go out to a party or movies, the daily dose of entertainment comes from online video streaming services. For a large population, apps like Netflix, Disney+, Amazon Prime, Hulu, etc., are life saviors. That is the reason their popularity is on a constant rise.
This urge to create a more successful application brings us to the main topic of our blog. So without any further ado, let us discuss the best strategy to create a popular streaming service app. But before we begin, you need to know that in the end, we will also be discussing the cost. Therefore, it is majorly for you to understand all the primary factors that influence the entire cost of the development.
If you wish to get hold of an ameliorating revenue funnel, then jump on the bandwagon with seamless mobile app development. Joining hands with mobility can assure you of the unprecedented growth you were always looking for. So let us end the wait and begin the process of learning.
How To Develop A Streaming Service App: Super Hit Strategy
Many online blogs explain the complete process of developing apps like Hulu, Disney+, Netflix, and Amazon Prime. But many miss the point. So here we will explain the strategy that anyone can easily understand, even those from the non-technical department. So shall we begin?
Find a Niche
It is essential to find your best fit. Firstly, figure out the streaming that you want to choose. As the term is highly generalized, it is necessary to find a niche. For example, there are different types of applications that you can create- for kids, for students, for adults, one that is inclined to only television series or movies. The options are wide-ranging.
Discover the Content
Discover the content you want to provide through your application, as it is the backbone of your streaming service. Once you select the content, acknowledge the intervals in which you will be updating the content. This is an integral part of the strategy, making your platform attractive to the audience.
It is of integral importance that you abide by the rules. Hence, one must get the license of the content that will be published on the application. Then, you can either rent the movie from the distributor or contact the copyright holder. You can also produce your content and provide it to your users.
Presentation of Platform
Another critical aspect of the development is to think about the presentation. Put more effort into deciding what kind of image and style you want to put across. For this part, you must have a team of skilled developers and UI/UX professionals.
Selection of OTT Platform Type
Choose the platform that you want to target. You can either go for iOS or Android, depending upon the audience you want to garner. With react native app development, it is possible to develop an application for both platforms.
Get Your App Monetized
Choose the proper monetization techniques to boost the revue funnel. Let us discuss the factors related to it in the next part of the blog.
How Much Does It Cost to Develop an App Like Netflix?
To be honest, it is impossible to figure out a specific cost before analyzing the project. An honest, trustworthy Live Streaming app development company can never disclose the amount required to develop an application without observing and studying the project. But surely we can let you know about some aspects that influence the development cost. So take a look for a better understanding.
- Technology used
- Features integrated
- Selected platform
- Team working on the project
- Investment on security
As discussed above, strategy and cost are the two significant factors for developing an online streaming service app. There is no doubt in the fact that both are interrelated. But it is also true that the complete process has three major pillars- cost, strategy, and company. Yes, a mobile app development company is the third and most integral part of the process.
Connecting with the right company to develop the project is imperative because breakthrough in the market is unattainable with a bootless brood. Go with a skilled and talented team of developers, analysts, designers, and marketers who can boost the overall reputation of your app. To woo the audience’s hearts, it is necessary to bombard the application with invaluable features. It is possible only if you choose the right company. In case you have any doubts, then feel free to do thorough research on top business listing sites and check out their previous work. It is a sure-shot way to find your perfect match.
So what are you waiting for? Buckle up and start your journey to develop a streaming service application. Make sure to create a product capable of standing out in cutting-edge competition. Boost your efforts and accelerate the process.
If you have any doubts regarding the topic, let us know in the comment section, and feel free to share your views. But until then, stay tuned to this space for more information from around the world.