So, you’ve decided to invest in your live streaming future through monetization (congrats!), but where do you go from here? The number one way to generate revenue from your live stream is pay-per-view, so we recommend starting with a little investigative work to find out more about how pay-per-view works and things to consider as you get started.
After that, it’s all about choosing the provider that’s right for you. Your needs—and your goals for your live stream—should inform the comparison process, setting the stage for success. Below are some of the standout features of Stretch’s pay-per-view live streaming service; if it seems like we’re a good match for your organization, let’s talk!
Stretch Pay-Per-View Streaming Service
When you choose Stretch for your pay-per-view needs, you’re getting a lot more than just a live streaming provider—you’re getting a partner who will actively help your program grow. We’ll work closely with you to help you achieve your goals, and guide you through the monetization process to maximize the impact of your efforts. Other benefits to choosing Stretch as your pay-per-view-streaming provider are:
1. You have full control of your live stream portal.
That’s important if you want your live stream to play a role in your organization’s growth strategy. You put time and effort into creating your content—the next step is making sure it’s delivered in a way that’s consistent with the rest of your organization’s branding. At Stretch, we’ll design a custom portal for your live stream, with a clean, professional look and feel. Within the portal, you also have control over the ads that viewers see. Plus, you’re free to utilize the framework around your live stream as yet another monetization opportunity, using it for local business advertisements or to thank sponsors of the content. The portal is clearly yours—which is not the case for many other platforms. So if you want toreinforce your branding, control what appears around your content, and optimize your revenue potential, Stretch can give you what you need.
2. You have plenty of flexibility in pay-per-view packages and viewing options.
Viewers are more likely to buy your video content if you can offer them a range of purchasing options. They may want to watch one event, several events of a similar type, or an entire season of offerings from your organization. That level of package customization isn’t commonly offered among pay-per-view-streaming services, but at Stretch we’re happy to accommodate whatever options you think will be most attractive to viewers. We’ve created day passes, single-event passes, full season (full access) passes, tournament-specific packages, and more, and we can do the same for you. Plus, we offer pay-per-view support for over-the-top devices like Apple TV, Android TV, and Amazon Fire, giving your clients an even greater degree of flexibility in how they prefer to watch. So if you’re looking for flexibility with regard to pay-per-view package creation and viewing options, Stretch is a good match.
3. You can offer viewers top-notch customer service—without handling it yourself.
Having multiple viewers means handling multiple issues, all while the live stream is taking place. Inevitably, some fans will experience technical problems; others may have questions about payments or refunds. If you have the manpower to manage it all, customer support may not be an issue for you. But if you don’t, Stretch can help. We handle all viewer inquiries during live streaming events for our clients, and on average, respond in less than five minutes. We also handle all refunds if there’s an issue with an event or a specific user. Great customer service reflects well on your organization, and boosts the level of professionalism. So if you’re looking for someone to handle viewer customer service, Stretch is the perfect choice.
4. You can maximize your revenue.
It’s common for providers that offer pay-per-view streaming services to take a cut of the revenue generated and to split credit card processing fees with their clients. It’s also fairly common for those credit card fees—usually 3%-5% of the transaction amount—to come out of your portion of the profits, not the provider’s. At Stretch, we do things differently. We offer aggressive revenue splits with our clients, and take out all credit card processing fees from our side of the split. That means more money goes into your pocket from every event. Plus, you’ll have easy access to real-time revenue data—the number of purchases, as well as your split—so you’ll always know how much you’re making off each event, even down to details like how many purchases were made while the event was live and how many were made on-demand. So if you’re interested in maximizing your revenue, Stretch is the ideal partner for you.
Want to partner up with Stretch?
Are we your ideal pay-per-view streaming partner? We hope so! If you’d like to learn more about working with us, here are two options for next steps: either schedule a free consultation to talk with us about your live streaming program and goals for monetization, or, schedule a free demo of our live streaming platform. Either way—ask us anything! We’re here to help.