How to Make a VOD Streaming Platforms & Website Like Netflix

Thanks to growing digitalization, people are becoming more and more tech-savvy and the way they consume content is also changing. In today’s times, customers look forward to live streaming videos. Did you know in 2020, around 916 million hours of content were streamed online across major platforms? Given the figures, it makes sense to invest in building live streaming platforms. Looking to start a popular platform of your own? In this article, we are going to discuss how to create a platform like Netflix. Stay with us and read on. 

Online Video On Demand Streaming Platforms & Websites

In simple words, live online streaming websites are those that host real-time streaming videos. You can embed your video players for viewers to access your content. All your viewers need is a strong internet connection. They can access all sorts of live content this way. Wondering how to build a video streaming service? Well, any site can be turned into a live website with the support of a professional video player and access to the website’s HTML. 

Reasons to build a movie streaming website 

It is a very well-known fact that digitalization has taken over most of the aspects of content consumption. And, video streaming is one of the most popular examples for the same. It is essential for live streamers and broadcasters to create their own live platform or website to compete with the sea of competition already following the latest industry trends. Moreover, building a live VOD platform helps businesses secure a long-term future. 

Want to make movie streaming sites like Netflix? 

Be it any kind of business objective, model, or use case, you need to figure out ways to attract your audience. You need to decide on factors like what sort of videos you are going to stream and what revenue model you will choose. Well, if you are a startup, you need not build a streaming service like Netflix. You shall instead go for an online tech company that distributes video and acts as a streaming platform for creatives. We shall further discuss what all functions can make up for the best type of live streaming videos. Keep reading. 

Wondering how to make a streaming website? – Crucial features you must include

A popular video on demand platforms like Netflix and Amazon Prime have captured a great amount of audience attraction. Do you want to build a website like Netflix? In this section, we shall discuss the best features that can help you create a movie streaming website or platform. 

• Content management 

You need to have a robust content management system in order to build an efficient movie streaming platform from VOD platform providers. With a well-structured system, you can ensure the right flow of content to the right audience at the right time. You need to make sure to set up a dynamic system for your platform with detailed analytics functionalities that can efficiently manage, store, and stream content.

• Video distribution 

 Having the right syndication tools helps you take control over your content and revenue. With the right technologies, you can ensure smooth video distribution for your platform. 

• Fast playback 

You should always try to make a movie streaming website that can deliver content across various platforms and devices with quick thumbnail movements. It should record tracks, replay recorded ads, and tracks within the media player. 

• Offline video download 

In order to make an efficient VOD streaming platform or website, make sure it offers an instant download feature and best viewing experience of downloaded video content. A good live streaming platform allows users to download their favorite videos and watch it later at their convenience. 

• Adaptive bitrate streaming feature

ABS or adaptive bitrate streaming feature allows you to deliver content to all kinds of varying network bandwidth. There will be no buffering and your video quality won’t deteriorate. With the ABS function, you can offer a good video viewing experience to your users. 

• Social login function

In today’s times, social media consumption is constantly rising.  Consider making a live streaming platform that enables users to access your video content from popular social media platforms like Facebook, Twitter, and much more. 

• Multiple video format options 

You need to make sure that you build a video on demand business with a multi-video format. It allows you to deliver video content within the audio and video codecs. You would be able to provide a variety of formats on your platform, be it high-quality definition to 240 pixels quality. 

Build a movie streaming website with the right revenue model

To be an outperforming platform, it is essential that you choose the appropriate revenue model for yourself. In this article, we shall discuss the best ways you can earn revenue for your streaming platform. 

• Video ads

Advertising is one of the best ways to earn additional income for your platform. You can allow businesses to run ads on your platform. Interactive video ads that have ad customization models help you get higher conversion rates. 

• Premium functions 

You can consider offering the streaming of new releases or live events at a special price. People are always looking forward to some new content. If there’s new and unique content on your platform, your customers are likely to watch it. 

• Subscriptions 

You can also set a monthly or yearly fee for users to access all types of content available on your VOD software platforms. Subscriptions are a great way of ensuring a recurring income for your business. 

• Partner program option 

One more efficient way to optimize revenue for your platform is by partnering with different broadcasters and content distributors. You can charge them a certain fixed amount for streaming their video content on your platform. 

Conclusion 

We hope our article helped you comprehend all the crucial aspects revolving around building an efficient live streaming platform like Netflix. Make sure you choose the right business model for your platform. Also, perform thorough research to identify what kind of content delivery can work the best for you. Now, wait no more! Kickstart your plan to build a movie streaming website today!