“If your business is not on the internet, your business will be out of business.”
— Bill Gates, Co-founder of Microsoft
To make that a reality, you are in the right place with Flicknexs.
The most profit-intensive online business is streaming services, with increasing potential to grow over the years, with an 18.5% CAGR for the years 2024–2032. This percentage of growth is exceptionally high.
This answers the question of ‘Why create your own movie streaming website’ – PROFITS. To add to that, it is significantly easier to operate and maintain unlike a brick-and-mortar business model. A robust platform, a supportive and a flexible team, fresh and compelling content library are the factors that are ultimately going to drive your platform’s success.
Profit generation potential: Factors driving the industry forward
We can divide the factors into two categories, consumer behavioural shift and technological shift.
Consumer behavioural shift
All of these factors have to do with simple human psychology, it shows how we humans are evolving in response to the environment around us.
Multi-generational streaming adoption
Accessibility has increased to a greater level, this has widened the scope of spending time on entertainment especially for the older generations.
Subscription mindset
Paying for media consumption has been normalized, ease of accessing content across various devices has made it easy.
Binge-watching culture
At home binge watching has become the official stress-buster as an unwritten code.
Desire for convenience
When, where, how and what can be completely controlled by the users.
Desire for newer content
Consumers want to experience newer content, widening the scope to include cross-cultural content instills excitement.
Technological Shift
In a very practical setting, these are the technological factors that are driving the growth of the industry. The onset of AI has boosted demand but the underlying factors remain constant, they are mentioned below:
Affordable internet connection
Over the years of increased demand, the prices have gone down, giving people the purchasing power.
Affordable smartphones
The same concept applies here as well, increased demand has brought the prices low.
Mobile-optimized apps
To further widen the scope of servicing to all demographic audiences, platforms are building mobile-specific apps.
In very simple terms, these factors are ever present and ever evolving, this gives us a promise that there is and there will be potential for drastic growth of the industry. Make the move by creating your own streaming platform!
Industry potential → Promised growth → PROFITS
*Provided other aspects to succeed are right done*
Industry-Wise Profit-Making Potential Comparison
| Industry | Avg. Profit Margin |
| Streaming Services | 20–30% |
| Telecom | 10–15% |
| Electronics | 5–15% |
| Sportswear/Apparel | 5–15% |
| Retail | 2–10% |
| Automotive | 5–10% |
| Aviation | 1–5% |
| Hospitality | 5–10% |
Steps to Create Your Own Movie Streaming Website
Decide on the type of platform
It is a crucial factor and must be aligned with your business requirements as it directly affects ownership, customization, and scalability. Here are the options:
- SaaS: Cloud-hosted solution that can be accessed through a browser.
- White-label: Pre-built solution that can be customized and rebranded.
- Custom-built platforms: Developed based on specific business requirements.
Tip: Visit sites like G2 to evaluate various platform providers.
Choose a SaaS solution provider
The choice will directly affect your platform’s performance, customization and security. All of which are crucial to amass a larger audience. Also, take into account the features, user-friendliness, level of customization, customer support, and pricing.
Tip: Test a demo before choosing the platform provider.
Subscribe to a SaaS Plan
Choose the most suitable and a viable plan based on the number of users, storage space, bandwidth, and features. Next, set up your account and gain access to your admin panel.
Tip: Check for the features bundled i.e, what’s included vs. add-ons, so that you don’t end up paying more.
SaaS Platform Setup & Hosting
All backend technical operations are handled by the SaaS provider, these include:
- Cloud hosting the platform.
- Content Delivery Network to ensure fast loading across regions.
- Setting up the streaming infrastructure.
- Database Management for storing all data.
Benefit: It is pre-built and maintained by the SaaS provider.
Customize Branding
You can customize the platform to fully reflect your brand, from the colour, logo themes to others. Your site can be made to resonate with your audience.
Tip: Make sure to test your visuals with an audience so that the message is conveyed effectively.
Manage content library
Upload your videos, add metadata and organise your content based on categories and genres.
Tip: Use clear titles, tags, and categories to make content easy to find and boost viewer engagement.
Video Encoding & DRM Security
The videos are automatically transcoded for smooth playback. Digital rights management ensures that the content is prevented from unauthorized access.
Tip: Use adaptive bitrate streaming to deliver a smooth playback.
Set Up Monetization Options
Through the admin panel, create subscription tiers, set pricing in various currencies, define content access rules, and offer trial periods or coupon codes to attract diverse audiences.
Tip: Offer a mix of subscription plans and consider adding trial periods or coupon codes to attract new users.
Integrate Payment Gateway
Choose a payment processor, configure it with API keys in the dashboard, and set payout cycles, currency preferences, tax rates, and invoicing formats to start accepting payments.
Tip: Choose a reliable payment processor like Stripe or PayPal, and ensure it supports multiple payment methods and currencies.
Payment Gateway Processing Logic
The SaaS provider ensures secure, PCI-DSS-compliant transactions and manages auto-renewals, cancellations, failed payments, tax compliance, and invoicing.
Tip: Implement automated billing and ensure compliance with security standards like PCI-DSS to protect customer information.
Test and Preview the Platform
Before launching, test the full user flow from sign up to cancellation, check performance on all devices, and verify all UI features like search and categories are functioning correctly.
Tip: Conduct thorough testing of the user experience, including sign-up, payment, and content access.
Launch the Website
Once testing is complete, switch the platform to live, promote your domain, and run marketing campaigns to attract your first users.
Tip: Promote your domain through various channels, and consider offering promotions to attract initial users.
Technical Maintenance & Updates
Your provider manages uptime monitoring, regular bug fixes, feature updates, OS and server upgrades, and ongoing security improvements.
Tip: Regularly monitor platform performance, implement routine bug fixes, and stay informed about the latest technologies to enhance platform capabilities.
Promote Your Platform
Drive traffic and subscriptions through SEO, social media marketing, influencer partnerships, and email campaigns tailored to your target audience.
Tip: Utilize SEO strategies, engage with your audience on social media, and collaborate with influencers to expand reach.
Track Performance with Analytics
Use built-in analytics tools to monitor video views, watch time, user retention, conversion rates, and customer lifetime value to optimize your platform strategy.
Tip: Use built-in analytics tools to monitor key metrics like video views, watch time, and user retention to optimize content and marketing strategies.
Flicknexs as your SaaS Platform provider
SaaS dominates the industry with 99% of organizations using at least one SaaS solution due to its ease of use, lower cost, and rapid cloud adoption.
Technology is advancing at a faster pace, and the demand from consumers is increasing for instant consumption of media. To serve this purpose, SaaS has been developed to provide faster market launch time while not having to maintain the platform.
And this has been made possible by Flicknexs, with years of experience, our SaaS solution is built for convenience. But certain features make us unique in the market, these are:
- Pre-built app: Our solution comes bundled with the app. It can be downloaded and made live immediately.
- Linear channel layout: Increases watch time, use this feature to insert ads for revenue generation.
- PPV monetization model: Increases viewer base, by offering exclusive and fresh content you can captivate your audience that encourages them to revisit your platform often.
The SaaS market is projected to grow at a CAGR of 20% through 2032. This shows the potential of this type of platform to enhance user engagement, increase accessibility, and support the growth of your streaming service.
Tour our platform and experience the benefits for yourself.
Wrapping up
While it’s one thing to enter a high potential industry, the time you enter is even more crucial. Now is the ideal time to introduce your platform to the market. The faster you launch, the sooner you can gain traction.
Many new entrants are joining the industry to create your own movie streaming website, seeing the potential of the industry.
That makes this decision a time-sensitive one, so a SaaS-based platform like Flicknexs can help you achieve a faster market launch. This will set the tone of operations later on, making this phase a significant determiner for success.
Now create your own online platform with minimal efforts!
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