Do you agree with us on this?
Netflix isn’t just a name but a brand. If we aren’t wrong, you probably agree and must have nodded your head in agreement. In a world where the on-demand economy is growing, traditional televisions are fading away. With the rising popularity of apps like Netflix, more and more people are becoming aware of the benefits of such video streaming platforms.
While individuals are getting addicted to being entertained via Netflix’s video streaming services, businesses are going the extra mile. In simpler words, they are eying to create an app like Netflix.
We are here with an outstanding blog post that will let you beat the Netflix fever by creating an app that can outshine it. Let’s begin with knowing its success story first and how it became grand!
Success Story Of Netflix
Netflix began its journey as a DVD-by-mail company in 1997. It was in 1998 that it launched its web page, and changed its model from ‘Pay per rental’ to ‘Monthly subscription’. It tasted success by providing online streaming services and finally introduced its streaming services in 2008.
At present, Netflix is known for its original content and earned more than $17.63 billion in 2019. And the rest, as they say, is history.
How Does Netflix Make Money?
The major source of Netflix revenue is subscription. It offers basic three subscription monthly plans:
- Basic
The basic plan allows users to watch movies and TV shows on laptops, phones, and tablets at $7.99 per month. However, it does not include high definition viewing.
- Standard
Under this plan, users can watch HD videos on two simultaneous viewings at a cost of $10.99 per month.
- Premium
The plan offers users to watch 4K videos on four screens simultaneously at $13.99 per month.
The reason why we first introduced its success story and subscription plans is to give you an insight on what is expected of your solution once you are creating an app like Netflix. Now, we will proceed forward to know how to build an app like Netflix.
How To Make A Movie App Like Netflix?
Developing an app like Netflix isn’t as hard as it seems. You need to follow a few steps to witness successful development completion.
Phase 1: Strategize
- Find Your Niche
The first step involves knowing what kind of content you wish to make available to your users. There are a few categories, and you can decide your content category based upon them.
- Entertainment
Providing entertaining video content to the users proves to be highly profitable, and Netflix has proved it time and again. The audience seeking entertainment is large enough and can be attracted easily.
- Education
Viewers are more inclined towards streaming “How to” videos instead of monotonous tutorials. You can teach your viewers anything and everything and keep the viewers hooked to your platform.
- Health
People love paying for a subscription to access fitness-related content like yoga, dance, exercise, and more.
- Decide Your Content Availability
The next step is to decide whether you will use videos from other distributors or create your own video content. You need to get a license for public performance if you wish to collaborate with video distributors.
- Personalize Your Service
Ensure not to copy any other concept because this will create obstacles and reduce your app’s popularity amongst the viewers. Look for more personalized ideas for your app that match your niche.
- Choose Your Platforms
Make a decision to choose the right platform that suits your Netflix-like app. To make the process easier, check analytics and stats on various relevant aspects. At the end of your research, you will get a rough idea of which platform will turn out to be the most effective for your idea.
- Know Your Audience
You cannot do without knowing your audience’s persona. It is the audience that can make your application successful. Therefore, you should make sure to know your audience and devise a strategy to reach out to them smartly.
Phase 2: Choose A Business Model
The business model that you choose must fulfill certain criteria, and only then should you choose a model that is compatible with your business idea.
- Monetization
Monetization of a streaming platform begins with a subscription model and you can form variable plans for your viewers. Payment can be charged monthly, quarterly, or annually.
- Overall Value
Determine the lifetime value of your customers to optimize your overall value. Doing this will allow you to strengthen your game in the long run and earn more revenue.
- Maximum Profit
Begin noticing consumer behavior and analyze statistics if you wish to know how to make an app like Netflix that can bring maximum profits. Moreover, active and satisfied customers are willing to pay more.
- Total Expenditure
Your business model should be efficient enough in reducing marketing expenses so that your platform can taste massive success.
Key Features You Shouldn’t Miss Integrating Into Your Netflix Clone App
Netflix is a platform that has earned millions subscribers and people have started relating the word ‘Netflix’ with watching movies and shows. You are probably here because you are learning how to Create an app like Netflix to convert your business idea into reality. So, you should be knowing the critical features that you shouldn’t miss adding to your platform. Read on!
- Free Trial Period
There should be a free trial period that allows the users to watch movies and shows for free. Positively, this will develop the habit of using your platform amongst the viewers.
- Multiple Platform Support
Before learning how to make a movie app like Netflix, you should be clear of the fact that the platform should allow viewers to watch their favorite content on desktops, smartphones, tablets, smart TVs, and more.
- Attractive User Interface
User interface (UI) and security compliances are imperative aspects to building an app that can outshine Netflix.
- Offline Content
Users must be given the access to download their favorite content and watch it offline as per their wish. The feature will keep them loyal to your platform. What else can you ask for?
- Stringent Performance Scalability Standards
Expecting to make your platform perform the 'Netflix' way without ensuring whether or not it meets stringent performance and scalability standards will bear no results. Make sure it is no less than the giant video streaming platform in terms of performance and scalability.
Final Comments
Before knowing how to create an app like Netflix, it is imperative for you to bring rational thinking into action. The reason behind it is the massive popularity of Netflix that is unbeatable to a great extent. The process of creating an app like Netflix can be overwhelming and you may end up feeling lost at times.
Wondering how to get through the process?
Suffescom Solutions is here to render its professional services to create streaming apps like Netflix. We are a team of professional developers who are dedicated to making your business break the record set by Netflix. Honestly, we are not asking you to trust our words, but we are always open to answering your queries on how to make an app like Netflix.
Connect with us now to talk to our experts and utilize the present moment in realizing your dream of creating a Netflix-like app. Let’s build it together!