5 Awesome Video Streaming Business Ideas
Sports Streaming If you’re thinking that live sports streaming has been done to death, you’re right. There are enough players in the market, and the niche is a complex web of licensing agreements. But there are other aspects of sports that you could cover through live webcasts. After all, in a survey conducted by KPMG, it was found that 45% of sports fans prefer watching content online.
How-To Tutorials One of the founders of YouTube, started a new venture on a creative community of foodies. the platform invites chefs, grill-masters, baristas, brew-masters and bartenders to stream live, to showcase exotic recipes and gourmet preparations. In a penetration strategy like YouTube’s, It doesn’t plan on raking in revenues just yet. Once it has a sizeable user base, it will adopt an advertising strategy like YouTube’s, with ads playing before and between live streams.
Religious Streaming Look at the ISKCON Live app the next time you have a chance. The platform streams live worship from seven temples in India daily, connecting devotees from across the world. Websites for worship are worthwhile opportunities to pursue, because they will always have a captive audience. Often, devotees aren’t able to travel to places of worship because of distance, age, or other factors. Monetisation for religious streaming could follow a similar approach as sports and how-to tutorials; advertisements are universal across all formats of streaming www.streamhash.com
Business Conferences
Trade shows and business conferences are lucrative sources of income for streaming. Journalists and industry bigwigs are invited to these conclaves, but are often unable to make it. Sometimes, conferences overlap, pressing invitees to choose one over the other. Live video streaming could bridge this gap. The TNW conference is a wonderful example. An annual business conference that invites 10,000 business leaders, the event is one of the biggest confluences of the year. There are a multitude of events that do not receive live coverage, and collecting live streams on a single platform could be the ideal solution. Insert Image 4 above.
Celebrity Coverage
There are few exclusive celebrity-centric apps in the market. Barring those released by celebrities themselves, like the one by Kim Kardashian, there aren’t any that focus on premium events like weddings, celebrations, engagements and birthdays. Traditionally, magazines have ridden on this trend. For example, Jessica Alba sold her baby’s photos to OK! magazine for $1.5 million in July 2008. A live stream could have captured her baby’s first day at homeInsert Image 5 above.
Of course, a celebrity stream could prove to be expensive, but in the long run, it could be monetised easily through advertisements and differential viewership plans. Hang With, a celebrity-driven streaming site observed that their site drew 5 to 250 times more traffic than social media sites. Regardless of whether you’re looking to start a niche video-sharing site, or create your own exclusive streaming website, Streamhash is the ideal solution for you. With a turnkey framework that allows you to set up shop within 2 days, you don’t need to hire a tech team. You don’t even need to venture into coding, development or design. But most of all, Streamhash is light on your pocket, and you’ll spend 100 times less on your launch than you would if you start ground up. Streamhash a business for yourself today. There’s nothing more fulfilling than seeing your business succeed.
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