If you are a live streamer, you might already know the various infrastructure components of a live stream. Storage, Bandwidth, Live Encoding, CDN, Streaming Hours and DRM play crucial roles in making your live stream a success. And so, most of the live streaming platforms (and probably all of them) charge you a certain amount of money upfront, as the platforms bear the cost of all these infrastructure components.
But, as a live streamer, especially if you are just a beginner, you might not want to pay anything upfront. As you can generate your revenue only after the live stream, hence it might become troublesome to pay even a small amount (as small as US$ 25) beforehand. This is where the Pay As You Go Plan really helps!
In this blog, we will tell you why Pay As You Go live streaming is the need of the hour for every live streamer, its top 10 benefits, and where you can use it to reap the maximum benefits. So, let’s begin.
What is the “PAY AS YOU GO” Plan?
Pay As You Go is a pricing plan where you can use a live streaming platform without paying anything upfront. And once you start using it, a calculative bill will be generated which is based on your usage. Accordingly, you will have to make the payment at a later point in time.
Hence, in this plan, you will not have to pay anything in the beginning. And after you complete the live stream and generate the revenue, you will be easily able to pay the bill.
In most cases, this bill is generated based on your usage of the key infrastructure components like:
Currently, Muvi Live is the only CMS-based live-streaming platform that allows you to use their entire platform and stream live content without paying a single penny upfront.
In Muvi Live, your Pay As You Go live streaming bill is calculated based on the following base prices:
Is wallet available?
Every 100 GB (Recurring Billing Unit)
US $0.08 per GB (keeps decreasing as the bandwidth increases)
Every 10 hours (Recurring Billing Unit)
US $0.45/hour (keeps decreasing as the streaming hour increases)
Storage (if Recording is enabled)
US $0.07 per GB
DRM (only if enabled)
US $0.01 per View
Add-ons (eg. Chat)
Depends on usage
As you can see, the platform fee is ZERO. You only need to pay for the infrastructure that you use. You can read about the infrastructure pricing in detail here.
Why Do You Need “Pay As You Go”? – Top 10 Reasons (Benefits)
“Pay As You Go” plan has some unique benefits that any other pricing plan fails to offer. And these benefits make it the need of the hour. These benefits include:
Zero Platform Fee
No Restrictions on Usage
Unlimited Live Stream and Meetings
Unlimited Concurrent Viewers
Let’s take a detailed look at them one by one.
1. Zero Platform Fee
Usually, when you pay a subscription fee upfront, that fee includes an additional amount as a platform fee, along with the infra fees. But, in Pay As You Go plan, this fee should not be taken.
Ideally, in Pay As You Go, as soon as you sign up, you can use the entire platform as you want. You don’t need to pay any fee for accessing or using the platform. Hence, it saves a good amount of money for you.
In fact, when you sign up with Muvi Live, you get 10GB of bandwidth and 1 streaming hour for free, so that you can start streaming immediately!
2. No Restrictions on Usage
The subscription model usually marks clear boundaries on what you can use and what you can’t. But the Pay As You Go live streaming doesn’t do that.
In Pay As You Go, you can use the entire platform with all the available features without any restrictions. In short, in this plan, you decide what you want to do.
The Pay As You Go Plan lets you pay only for those services that you are actually using. Hence, it reduces the total cost by a big margin.
Hence, this plan is perfect for small businesses or individuals who may not have the budget for a fixed monthly or annual subscription.
Are you not sure about the number of viewers in the future? Then, the Pay As You Go live streaming is perfect for you!
This plan does not bind you to a fixed number of users. Instead, it allows you to start small and scale up as their needs grow.
5. Minimal Risk
As a starter, committing a big amount upfront might be risky. But Pay As You Go helps minimize that risk, as you don’t need to pay anything beforehand. You can start your live streaming provider journey, access the business and market prospects, and then scale with time.
In subscription models, you often come across hidden costs. But in Pay As You Go, there is no hidden cost. You will know exactly how much you are being charged for which service. Hence, it is much more transparent than any other pricing model.
In Pay As You Go, you can easily add or remove features and services whenever you need them. Hence, you enjoy complete flexibility to choose new features and use them whenever you want. Also, you can stop using any feature any day if you feel you do not need it anymore.
8. Unlimited Live Stream and Meetings
When you use Pay As You Go plan, you can enjoy unlimited live streams and meetings without any restrictions. You can live stream to as many viewers as you want, and hold live meetings with 600+ participants.
9. Unlimited Concurrent Viewers
With Pay As You Go, you will not have any restrictions on the number of concurrent viewers. So, whether you live stream to 100 viewers or a million viewers, it is completely your choice!
10. Non-stop Streaming
Forget about the stoppage of live streams at the end of the subscription. With Pay As You Go, you can enjoy non-stop streaming hours without any interruption.
To Sum Up
Pay As You Go is a much more flexible, scalable, transparent pricing plan for live streaming platforms. Currently, Muvi Live is offering a full-fledged Pay As You Go live streaming plan, where you simply need to sign up, add your preferred card for billing (you will be billed only on the card that you will add), and start streaming right away! Sign up to start your live-streaming journey right now!
What is Pay As You Go live streaming?
In Pay As You Go Live Streaming, you don’t need to pay anything upfront to the live streaming platform. In short, there is no subscription fee or sign-up fee. You can start streaming as soon as you sign up without paying anything. Later, when you will keep using the platform regularly, a bill will be generated, based on your infrastructure usage.
How does the Pay As You Go plan benefit live streamers?
Pay As You Go is beneficial for live streamers because they do not need to pay anything upfront. So, the risk of loss is minimal. They need to pay only for the usage that they do, which is a very affordable and transparent payment model.
Are there any hidden costs associated with the Pay As You Go plan?
No, everything you are charged for will be clearly mentioned in the bill. So, there are no hidden costs in Pay As You Go plan.
Can I start live streaming immediately with Muvi Live’s Pay As You Go plan?
Yes, with Pay As You Go, you can start live streaming immediately after signing up with Muvi Live.
Can I use the storage feature with the Pay As You Go plan?
Yes, you can choose what feature you want to use. So, if you need and want to use storage, you can definitely do that. In that case, you will be charged US $0.07 per GB.
Are there limitations on the number of viewers or participants with the Pay As You Go plan?
No. The Pay As You Go is a completely flexible and scalable plan, so there are no limitations on any parameter. You can invite as many viewers as you want.
Written by: Debarpita Banerjee
Debarpita is a Content Writer with Muvi. With around 2 years of experience in content creation, she has worked across industries like SaaS, EdTech, eLearning, AR-VR, and Metaverse. She believes in delivering content that can be of some value to the readers. In her free time, she likes to try her hand at website and app development.