Celebrities are now using the virtual medium to establish relationships with their followers, and because for them, maintaining a competitive position has become essential in today’s fast-paced world. OnlyFans is a virtual platform that allows celebrities and other content creators to share their work with their fans and earn recurring revenue. During the pandemic, the demand for content subscription service apps like OnlyFans is at an all-time high. If you want to develop subscription-based social media apps, invest in the OnlyFans clone app.
OnlyFans has statistics and facts about the Personalized Interactive Platform.
OnlyFans, which was founded in 2016, has changed the game by allowing content creators to connect with their fans. Despite its focus on adult content, the platform has expanded to include fitness, music, gaming, fashion, and other genres.
In July 2019, it had 8 million registered users, which had grown to 85 million by January 2021. It has grown at a rate of 70 percent month-on-month, especially during the Covid-19 pandemic. Bloomberg estimates it will generate $2 billion in sales in 2020. Revenue generation expects to increase after March 2020.
The attractive OnlyFans app has some unique features.
Live to stream
Celebrities will be able to start live streaming using the live streaming feature. Users can participate in live streams and interact with stars.
Shoutout by Location
Celebrities will use this feature to give shoutouts to their followers based on their geographical location.
A preview should be a shout.
The preview feature will provide an overview of celebrity shoutouts. The inclusion of video previews helps users decide whether or not to subscribe.
verification of badges
You can verify celebrity profiles and assign them badges. That means that the verified profile has been confirmed. It solves the problem of the app with false identities.
Take control of celebrity profiles.
You can list celebrity profiles on the app in the admin panel. You can also maintain regular celebrity profiles.
You can monitor the performance of the app in real-time using the Analytics feature in the admin panel. You can improve the functionality of the app to reach more users by using Takeaway Insights. As a result, revenue generation will dramatically increase.
Message via video
Celebrities can communicate with their fans through videos using the video messaging feature. The length of the video is entirely up to the stars. A short or long video can be used.
What Factors Go Into Determining The Price Of An App Like OnlyFans?
The cost of developing the OnlyFans app varies based on several factors. Following are some of the most critical factors that affect the cost of developing an app like OnlyFans.
A platform For Mobile Applications
The cost of launching an app on multiple platforms adds up. When you have a limited budget, consider developing a content subscription app for Android or iOS. In addition, the cost of launching an app on iOS is lower than that on Android.
Features and functionality of a social media app are the most critical factors. The cost of developing an app is directly proportional to the number of features.
It takes a lot of time and money to build a subscription-based social media app from scratch. On the other hand, developing an app with the OnlyFans script takes less time and costs less money.
Location of the app development team.
Eastern Europe’s app development costs are lower than those of the United States and Western Europe. One of the factors that significantly impact app development cost is the skill and experience of app developers.
How does OnlyFans work?
The functionality of the OnlyFans app seems to be straightforward. Let’s take a look at its working model in general.
Creators must sign up for an account on the OnlyFans app and select an individual subscription fee. To subscribe to the creator’s profile, the followers have to pay the specified subscription fee. That is, creators can subscribe to their fans monthly to access their content. A portion of the proceeds will deliver to the app owner as commission.
On the other hand, users/followers can sign up for the app using the required information. They have the option to subscribe to the creators’ profiles. Creators can communicate with their fans through in-app messaging, but fans have to pay to do so.
What are some viable business models to consider?
In developing the OnlyFans app, choosing a suitable business model is crucial. That lays the groundwork for the functionality of the app. The following are some of the most popular business models.
A business model based on content sharing
The content-sharing platform can use by influencers or celebrities who want to connect directly with their followers. Followers can request sessions with stars in this model. The freemium revenue model is becoming more popular. Apps like CelebVM and Cameo use this business model.
A business model based on gaming
It is a common way of providing a gaming experience to the users. That contributes to the increased value of the brand. Subscription programs and in-app purchases are the most common ways to make money. You can also think about incorporating other popular revenue models.
Social media business model with premium content
This business works just like Facebook or Twitter, except celebrities have to sign up for the app. They can limit access to their content to subscribers only. Subscribers will also have to pay a certain percentage. OnlyFans exemplify this business model.
Which business model you choose is entirely up to you. To set the tone for a successful app, you can combine content sharing and a premium subscription business model.
I hope you find this helpful blog. As a business professional or entrepreneur, you must keep up with the current trends and find a way to grow your company in an ever-changing direction. Yes, it is a good idea to develop the OnlyFans app as it provides many attractive features. Never miss this opportunity, as the demand for content subscription apps is at an all-time high. Contact a reputable mobile app development firm to help you launch your OnlyFans script app.