Muvi allows you to add multiple monetization methods in your store. You can add Subscription, PPV (Pay Per View), PPV Bundle, Pre-Order, Coupons, Vouchers, Credits and/or Advertisement. You can also add all the monetization methods at a time, or you can add any combination of the monetization methods. (e.g. Subscription + PPV + Coupons / PPV + Coupons + Advertisement, Subscription + Advertisement and so on).
Monetization Methods in Muvi
There are different monetization methods offered by Muvi to monetize your content. You can choose from a wide range of monetization methods including Subscription, PPV (Pay Per View), PPV Bundles, Pre-Order, Coupons, Vouchers, Credit and Advertisement.
You have the flexibility to add all the monetization methods at a time or add any combination (i.e. Subscription with PPV and Pre-Order, Subscription with Advertisement or Coupon with PPV and Pre-Order and so on)
You can add and manage your own subscription plans. By configuring subscription plans you can charge your subscribers/viewers monthly or yearly, set up automatic renewals and offer free trials. All the subscription plans you configure will be displayed on your website/App. Your subscribers/viewers can select the plans according to their preference. To know how to manage subscription plans click Here.
PPV (Pay Per View)
PPV (Pay Per View) monetization method allows you to set value for individual content. When a user clicks on a PPV content, he/she sees a popup that they need to pay a certain amount of money to view the content for a certain period. You can set different values for subscribers and non-subscribers as well as for Single Part, Multi-Part and Live Streaming content. Please Click Here to know how setup PPV monetization method.
PPV Bundle monetization method allows you to create a bundle/bundles of your content. Viewers (Both Subscribers and Non-subscribers) will pay a certain price to watch a bundle for a specific period. You can make a bundle of movies, popular TV series, sports event, etc. For example, you can put all the series of Jurassic Park or Spider-Man movies in a PPV Bundle and set a price and set a time period (Like 100 days, 240 days, etc.) for the PPV bundle. Viewers who want to watch the entire series of a particular movie will be more excited to buy these bundles. To know how to create PPV Bundle click Here.
By implementing Pre-Order monetization method, you can allow your users to buy content in advance at a discounted price. “Pre-Order” only works for content without video. “Pre-Order” will be replaced with the “Watch Now” button, when the video is uploaded or live streaming for the content is available. All users who have purchased the content will be notified automatically by email when the video is uploaded for the content. After the end of the offer period, the content will become a normal PPV content, if PPV is enabled. Click Here to know how to manage Pre-Order monetization method.
You can create coupons to reward certain customers/subscribers after setting up price for your content or items in Muvi kart. Your customers/viewers can use the coupons to buy PPV (Pay Per View) content, PPV bundles and also buying items in Muvi Kart. Coupons can be used for subscriptions. Users can use coupons to get a cash discount while paying for their subscription fee. You can create "Once Use" coupons (Users can use this coupon only once) and "Multi-Use" Coupons (Users can use this coupon multiple times). Coupons can be created to watch all content or to watch specific content. There's no charge for creating coupons, and you can create as many coupons as you wish. To know, how to create and manage coupons, click Here.
Muvi allows you to create vouchers, which you can give to your users to watch content on your website for free. You can create vouchers that can be used only once, or you can create vouchers that can be used multiple times. You can also restrict how many times a user can use the voucher. Vouchers can be created for all content in your website or for specific content in a specific category. A user can use the voucher to access any content for free (i.e no cash value or discount is applicable for vouchers). You can download the voucher status in MS Excel format. You don’t need to add a payment gateway to create vouchers and you can create as many vouchers as you want. Click Here, to know how to create and manage vouchers.
Muvi Credits feature allows you to offer some credits or loyalty points to your users when they activate or renew their subscription on your website. The credits earned by the users can be used to watch content on your website. You can define credit rules for subscription activation and renewal. Here you can define the number of credits (For Activation and Renewal) and validity period of credits. After creating the credit rules, you need to create Content Credits. Here you can mention different credits for different category of content. So, users can redeem the credits they have earned to watch a specific category of content. Users can also view the number of credits they have earned or redeemed under “My Credits” after logging in to your website. To know how to enable and manage credits, click Here.
You can monetize your Video Streaming Platform by running Video Ads. Muvi seamlessly integrates with third-party video Ad servers like SpotXchange and DoubleClick and provides you with higher control over your Ad inventory and campaigns. Muvi can integrate with any Ad server which is VPAID compliant in accordance with IAB guidelines. You can create multiple Ad Tags (For both SPOTX and DoubleClick) and link them to multiple contents. Click Here to know how to manage the advertisement.