Video on Demand is a video streaming business model that is fast evolving in the current marketplace. Read on to find out what VOD is, how it works, types of VOD monetization, the importance of VOD for businesses, and how to get started with your own VOD platform.
What Is Video On Demand?
Video on Demand is an interactive system of accessing content. VOD allows viewers to watch a video from a content library instantly on their TV, personal computer, mobile phone, or any other device.
The VOD service is offered by the means of a cable, telephone provider, or broadband and provides viewers with the option to pause, play, rewind, or fast forward the video as per their wish.
How VOD Works?
To deliver a video on demand, the video is first converted into a digital format and stored on a video server. It is then compressed and transmitted to the viewer via broadband or cable.
After reaching its destination, the video is decoded and decompressed via a set-top box and stored on a video server in the viewer’s device. The viewer can then watch the video instantly with the ability to control its speed and other (play, stop) features.
How To Get Started With VOD Streaming?
Creating your own VOD platform is one of the best decisions that you can take to upscale your business. It is not only useful for providing entertainment services but also facilitates business communication, education, training, and much more.
To get started with your business, the first thing that you need is to create a strong library of videos to make the audiences’ invest in your digital entertaining store worthwhile.
Then, start by building a website of your own to host your videos. Upload content consistently to keep your viewers engaged.
And finally, promote your platform well to earn good money.
You can run promotional ad campaigns, add SEO-focused video descriptions, and 10-30 seconds video snippets to entice audiences to view your content.
Start Your VOD Journey With CONTUS VPlayed
Now that you know how important online video portals are for your business, you may want to find a suitable hosting service for your content. VPlayed is an excellent option for next-generation video streaming.
VPlayed offers the latest features that set it apart from other VOD streaming platform support. It is a white-label platform that comes with 100% customization to establish your own brand.
You can stream videos on-premises/on-cloud and manage your uploads with its in-built video CMS. Its multi-device support and progressive web apps provide a smooth experience to potential viewers.
VPlayed also features a variety of revenue generation models that include Catch-up TV and Push TV, in addition to the three basic VOD monetization options to maximize your income.
Source: What is VOD?
Nuances Of Dominant Streaming On Demand Video on Demand which is also known as VOD stream refers to popular videos that are published across global platforms and made available all times to the targeted viewers.
Some of the eminent growth driving factors consist of flexibility in remote viewing, internet penetration increase & global adoption of smartphone use, rise in live streaming to avoid social gatherings, alluring video packages across Asia-Pacific market & lots more.” Did you know according to statista’s projection the average revenue per user in VOD streaming services segment accounts to $47.86 in 2021 and the number of users is subsequently expected to rise & have 2,218M users by the year of 2025!
These days, it’s found everywhere right from the funny videos in facebook, be it your favourite Netflix show, any kind of promotional video watched on any business website it all implies the same.
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People are preferring to migrate to alternate internet-based entertainment sources such as VOD streaming platform, which offer far more freedom and variety in content.
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As per Cisco, 77% of colleges offer online courses.
Needless to say, teachers are finding that the value in video content has increased every year since 2007.
If you are waiting for the right time to start an online education video platform, this is the time!Check out the Best Educational Video Platforms
