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“Purchasing a good and paying price amount in grocery stores narrates pay-per-view concept.”
This concept is applicable in transaction-based video models for selling different kinds of content at different prices. Let’s get a deep introduction to TVOD services.
Transactional video-on-demand(TVOD) is a model where viewers can buy or rent content on a “pay-per-view” basis. It involves getting content for a specific price, especially for recent releases and live scores. Flexibility to give more offers and discount rates for watching premier content. To understand this better, we can think of Hotstar and Amazon prime videos which facilitate watching movies/ series after a transaction.
It can be used with 2 concepts;
Rent: Viewers can rent or own the content for a specific period.
Buy: Viewers can purchase the content and watch it anywhere and anytime.
TVOD presents a wider choice of content management to viewers by charging a piece amount via digital payments.
“PAY-PER-VIEW” Concepts:
Pay-per-view(PPV) is a concept that shows the broadcasting of paid television and internet services to viewers after purchasing movies/ live shows/ events etc.. to view in the private telecast. The broadcaster schedules the time of content streamed in their database. Every content has a range of pay values, viewers can watch the content based on their choice. Most online streaming platforms have a higher number of pay-per-views as there is an increase in internet users.
Related : How the business model of TVOD effectively works on your platform?
Steps to design Pay-per-view websites:
The Pay-per-view concept deals with selling your digital media files to the audience. Making the best pricing and content delivery strategy will influence viewers to purchase repetitively.
1. Create a Pay-Per-View website in Webnexs with a membership option:
First thing is to create a pay-per-view website in a systematic way that can be accessed by every viewer. This identifies our audience to create their Id and choose their subscription packages. Regarding the payment process, Webnexs has a variety of E-commerce systems like PayPal and other internet banking transactions offered to our viewers.
2. Organize membership levels:
Making membership schemes and subscription charges are listed in this stage so that viewers get a clear description of their content and price values. It also shows the duration (weekly, monthly, or yearly) and expiry period of your content purchased.
3. Allocating contents to membership plans:
After choosing particular content and payments are done, content is delivered to viewers in an allocated way based on their subscription. Many categories of content are also available to viewers for later purchases.
4. Schedule pricing range:
Viewers can purchase multiple membership packages as per their demands. A detailed receipt regarding the packages and pricing plans is displayed on the screens. Content creators also offer popular packages of memberships with small discounted price levels.
5. Directing new viewers to the price and plans page for accessing your content:
Membership viewers can access content whenever they can free or want to watch.
But viewers who don’t have membership rights will be directed toward the pricing and packages scheme to enroll on the website. Interesting and innovative content will keep a huge audience in your database.
6. Making your pay-per-view site to a global level:
Delivering valuable and trending content at affordable prices will generate more delighted viewers and generate more revenue for the website. It also advances repeat purchases and distributes content to global people.
Conclusion:
Pay-per-view concepts provide tailored fit content & price range for TVOD applications. Individual viewers can get more benefits on a cost-to-content basis and receive particular services. Webnexs solution excelled in utilizing these concepts and delivering high-quality standardized content to their global audiences.
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