Another interesting live streaming app for both iOS and Android operating systems, StreamNow allows streamers to monetize live broadcasting using a subscription business model.
After signing up for the live streaming app, users must pay a monthly, yearly, or per-session fee. For instance, if your live streaming session is on HR management, your users can pay per session.
Similar to Periscope, StreamNow enables viewer commenting, which can be a great way to boost your social engagement. In turn, higher user engagement will improve conversion rates since your audience is more informed and up-to-date with any upcoming live video streaming events.
However, there is another monetization feature called pay-per-view where you can charge live streaming broadcasts every time a user watches your video. And to do away with the hassles of filling long sign-in forms, StreamNow has a social login feature.
Viewers can use this feature to securely and quickly login from their social networking accounts, such as Facebook or Twitter.
StreamNow has also carefully considered the hassles and headaches for users during the payment processing stage. To solve this, the live streaming platform has built a PayPal payment gateway enabling payments to be processed globally.