Managing finance is the most crucial part of any business. In the case of OTT business, the number of transactions tends to increase as you scale up, and managing them becomes a hectic task. Muvi One, the world’s first … Continue reading
Managing finance is the most crucial part of any business. In the case of OTT business, the number of transactions tends to increase as you scale up, and managing them becomes a hectic task. Muvi One, the world’s first no-code OTT streaming solution comes with its state-of-the-art monetization module that our customers can vouch for as the easiest and most transparent way to manage your transactions on the platform. Right from generating multiple currencies, integrating with various payment gateways, generating invoices, etc is a tedious task that OTT platform providers juggle. With Muvi One’s monetization module, all your monetization issues will be resolved with our tailor-made features designed exclusively to handle pressing needs
A streaming website or an app (if you subscribe to one) can have various monetization models. While there may be a single subscription fee for access to the entire content, sometimes you put your content on a pay-per-view basis or run it for free with ads from the ad server. Certain contracts might even demand to have PPV for a particular season and SVOD for other seasons.
With multiple payment gateways, and content being streamed all around the globe, managing multiple currencies becomes a hectic task. We at Muvi are here with a solution that will reorganize your OTT business monetization needs and channel it all on a single dashboard that handles subscriptions, payment gateways, and all major currencies. Our global customer support teams ensure that all the issues are promptly resolved.
Muvi One comes with a range of features that make your OTT streaming business easy and effective. Here are some features of Muvi One’s monetization module that you must know:
With Muvi One, you can integrate multiple payment gateways to cater to the multi-geography audience and provide an efficient and encrypted payment system for your global audience. The free trial also comes with options to integrate and test our monetization module. Also, your end-users get the option of making recurring and one-time payments on the platform itself.
In countries with low credit-card penetration, Muvi One also supports carrier billing with over 140+ telecom providers. We follow a two-step authentication process and SMS confirmation to subscribers so that notifications are immediately sent to the customers. You can integrate Muvi One with the telecom provider of the particular region and manage payments easily.
Muvi One allows you to deploy all types of monetization models on your OTT website or application. You can start with a basic subscription plan and further customize it as per your requirement. Deploy pay-per-view on live streamed or recorded videos or bundle a set of content as a subscription plan with Muvi One’s easily customizable content management system and deploy it instantly across all your apps and websites.
Muvi One also gives you the option to showcase content that caters to non-subscribers. You can keep them free or have them on a pay-per-view basis. This means a single video can be streamed at different prices for both subscribers and non-subscribers. Our hybrid model supports all forms of content monetization.
Running ads has never been easier. Muvi One lets you integrate external ad servers or deploy your in-house ad server and earn from advertising too.
Lastly, you can create special offers and discounts with coupons and run them on the website as per your timeline to attract new subscribers and increase traffic. Users can also purchase gift cards that can be redeemed based on their set of parameters. For example, for an NFL game, you can sell special gift cards that can be gifted to people who will be able to enjoy the game on the platform but will not be able to access any other form of content unless they pay as per the pricing set by the administrator.
Muvi One’s monetization management creates invoices, manages taxes as per region/country, and ensures that you have a recurring payment system in place. Its dashboard allows you to monitor payments all in one place.
Direct Invoice Downloads: Your customers can download or email invoices directly as they are generated on the dashboard itself.
Automated Workflow: The entire monetization process right from payment collection, invoicing, and revenue recognition are seamlessly integrated into the monetization module so that you can monitor each subscriber. This increases efficiency and improves accuracy and efficiency.
Analyzing data is essential for creating better growth-driven business strategies. With Muvi One’s comprehensive monetization analytics, our customers can get insights on various metrics such as average revenue per subscriber, lifetime value, specific regional revenue collection, payment gateways, etc all on a single screen.
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Muvi One is a no-code platform that lets you design everything from scratch for your apps and websites. Get a free 14-day trial today.
Written by: Shivashish
Shivashish works as a content writer at Muvi. He has worked in domains like e-commerce, employee engagement, sports and entertainment. A poet by heart, Shivashish believes in creating quality content that is rich in information and easy to understand.
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