The music streaming app market is found to be one of the most profitable fields these days. These advanced apps are empowered with wireless technologies and high-speed Internet standards. In one of the recent reports, it was found that streaming apps experienced huge growth in revenue in the last few years. The revenue growth was measured at around 7.9% in 2019, while this increased by 15.3% during 2023.
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In the same report, it was also represented that the music streaming segment reached around $14,431, while it is estimated to reach about $20,829 by the end of the year 2024. Thus starting with a music streaming app can be very beneficial for any individual worldwide.
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But have you ever thought about how to get started with music streaming apps? How does it really work? How has it been developed? How much does it cost to create the music streaming software? and much more. You need to know all before jumping into the development journey of the same. You have to take the end number of things into consideration, especially when it comes to developing a music streaming app like Melodify.
Different Streaming Platforms You Can Consider!
Due to the advent of modern technology, physical recordings have become outdated things these days. Today more than 86% of customers prefer to listen to music using one or other on-demand streaming services.
According to the IFPI Global Music 2019 report, revenue from music streaming apps was estimated to reach around $8.9 billion worldwide in 2018; this is around $6.7 billion high from the previous years.
To provide you with a quick glimpse, we have listed here some of the important pointers which can help you to know how you can get started with music streaming apps. We have also listed some of the competitors’ names with whom you have to compete to develop an excellent solution and make it the next grand success. But before moving further, please at what exactly Melodify is. and how it works to address the demand of users.
About Melodify
Melodify is one of the advanced audio streaming platforms that users use to stream songs of their choice on any of the platforms they want. They generate a playlist based on their musical preferences. Melodify offers access to numerous users, they can access a huge range of content at their convenience. They can also follow their favorite artist and friends and can also view the listening activity.
Apple Music
This music platform offers access to leverage of more than 50 million songs and offers them a three‑month free trial. Apple Music owned more than 60 million subscribers worldwide. This music streaming service was introduced first at Apple’s WWDC 2015.
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During a survey, more than 8% of consumers responded that they will prefer to use the service on a monthly basis, while around 7% of customers will prefer to use the service on a weekly basis. However, Apple Music was ranked at the top in 2017 as a large number of young users prefer to use this as an online music service, while 38% of young people use Spotify frequently.
YouTube Music
YouTube’s music service provides users with two main versions that are:
1. A free ad-supported version.
2. A premium version.
The premium version includes numerous benefits like background play, audio-only mode, ad-free music, and many more. During the survey, more than 82% of people respondents from the United States responded that they prefer to use YouTube for leveraging music.
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Google Play Music
Google Play Music provides access to more than 40 million songs. When any of the users choose to opt for a Google Play Music subscription, then users are also provided with YouTube Music Premium. Google has more than 15 million subscribers just for its music-streaming services.
Google is giving a tough fight to its users, especially when it comes to music streaming services, this service provider has huge subscriber numbers than any other music platform. Google has mainly had two paid music services, these services include:
1. YouTube Music.
2. Google Play Music.
It is found that Google Play Music has more than 15 million subscriptions, which is quite higher than any other music streaming platform.
Steps to Start Your Music Streaming Online with Melodify
According to Statista, more than 1200.9 million users preferred to leverage different music streaming services in 2017, this number is expected to jump high by 1268.5 million in 2018 while it is also predicted that the same number will grow and jump to 1400 million marks by 2022.
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Thus it can be said that the music streaming market is growing rapidly with each passing day and is experiencing positive growth over the last few years. Moreover, the increasing number of people getting engaged with the app, and using it is always impressive. It was in the US alone, around 18% of smartphone users spent their valuable time with music apps. This number is just next to the number of social media users as it is highest with 20% of the users’ engagement.
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How to Setup Your Music Streaming Service with Melodify?
There is no doubt that getting started with an audio streaming service with Melodify is a great business idea. It provides you with a massive alteration, especially when it comes to choosing business models, this choice will definitely help you to adapt to lead the market. If you have a wonderful and profitable business plan, then you can definitely start your own business. Explore the below pointers to know how you can start your audio & music streaming platform online with Melodify.
Step 1: Choose a Business Model
Remember that the music streaming sphere can accommodate a huge array of business models. You get a variety of choices starting from subscription-based to Ad-based to transaction-based, you can adopt any of the models as per your business requirement from a huge stack of monetization tactics. However, keep in mind that monetization is not a big deal.
One of the major concerns that every streaming business faces these days is selecting the right platform model. Every streaming app which is available are making use of two access models, these models include:
1. Community Access Model.
2. Branded Access Model.
Thus make a smart choice for the business model while choosing it for your first audio streaming app.
Step 2: Customizing
Professional music and audio streaming app development companies like us will provide you with an excellent solution that also at a pocket-friendly price. We welcome customization and will update your streaming platform as per your business requirements. Explore to know what we provide in our advanced solution:
- Web-based Admin Dashboard.
- WebRTC for Browser-Based Audio Streaming.
- Separate or a Hybrid Mobile App for Both the Platform Android and iOS
Step 3: Hosting, and Setting Up Your App
Once you get your app developed as per your requirements, make sure that you set it up and host the same solutions on respective hosting servers, this can help you to go live and address all the requirements of users in the most efficient way. Host your music streaming app on the web server, as well as also launch it on respective App stores.
Step 4: Get the Streaming Rights
Before going live, make sure that you get all the streaming rights from the artists and labels. Remember that you just can’t upload any track on your app, you need to follow the copyright laws to leverage a hassle-free business operation. You can also get in terms from other music distributors who hold all the rights to distribute the music from different artists and labels on various streaming platforms.
Step 5: Start Streaming
Once done with the process, you can upload the tracks and can go live. Rest, you need to pay attention to marketing and advertising, which helps you to drive more traffic towards your music streaming business.
Ending Note
Starting a music business online with Melodify can prove to be the best option. Considering investing in a music or audio streaming platform can help you earn a huge penny in less time. Thus make a smart choice and start your streaming business online with us today.
Frequently Asked Questions
1. What is Melodify?
Melodify is a comprehensive music, audio, and podcasting solution designed for businesses. It provides a platform enabling businesses to create, manage, and distribute branded music playlists, audio content, and podcasts to engage with their audience effectively.
2. How does Melodify benefit businesses?
Melodify offers several benefits for businesses, including:
- Customized Branded Playlists: Businesses can create personalized playlists that align with their brand image and messaging.
- Audio Marketing: Melodify enables businesses to leverage the power of audio marketing to enhance customer experience and brand engagement.
- Podcasting Platform: Businesses can host and distribute their podcasts to connect with their target audience on a deeper level.
- License Compliance: Melodify ensures businesses can access licensed and royalty-free music to avoid copyright infringements.
3. Can businesses use Melodify for in-store music and background audio?
Yes, Melodify is an ideal solution for businesses that want to enhance the ambiance of their physical locations. It provides in-store music and background audio capabilities, allowing enterprises to curate playlists that match the atmosphere of their establishments.
4. How does Melodify support podcasting for businesses?
Melodify offers a podcasting platform that enables businesses to host, manage, and distribute their podcasts to significant podcast directories. Businesses can reach a broader audience and build brand authority through podcasting with Melodify’s user-friendly tools.
5. Is Melodify suitable for small businesses as well as large enterprises?
Yes, Melodify caters to businesses of all sizes, from small startups to large enterprises. Its scalable features and pricing allow businesses to tailor the platform to their needs and budgets.
6. Does Melodify offer analytics and insights for businesses?
Yes, Melodify provides analytics and insights to businesses. It offers data on playlist performance, listener demographics, engagement metrics, and more. Businesses can use these insights to make data-driven decisions and optimize audio marketing strategies.
7. Can businesses integrate Melodify with their existing website or app?
Yes, Melodify offers integration options that allow businesses to seamlessly incorporate their branded music playlists, audio content, and podcasts into their existing websites or mobile apps. This integration enhances user experience and reinforces brand identity.
8. Can businesses get a free demo of Melodify?
Yes, businesses can get a free demo of Melodify using the links below:
Website: https://melodify.clonegranny.com/login
iOS App: https://apps.apple.com/us/app/melodify-music-and-podcasts/id1471491285
Android App: https://play.google.com/store/apps/details?id=com.alphanso.melodify&pli=1
This trial period allows businesses to assess whether Melodify meets their needs and aligns with their audio marketing objectives.
9. How can I start a music streaming business with Melodify?
Just contact us at sales@alphansotech.com, and we will guide you in the best possible manner.
10. Can I create personalized playlists for my music streaming business with Melodify?
Yes, Melodify allows you to create personalized playlists for your music streaming business. You can curate playlists that align with your brand’s identity and resonate with your target audience.
11. Does Melodify offer monetization options for my music streaming business?
Yes, Melodify provides monetization options for your music streaming business. You can explore revenue streams, such as premium subscriptions, ad-supported models, or sponsorship opportunities, to generate income from your audio content.
12. Can I host and distribute my podcasts through Melodify for my music streaming business?
Absolutely! Melodify offers a podcasting platform that allows you to host, manage, and distribute your podcasts to major podcast directories. You can leverage this feature to connect with your audience and establish thought leadership in your industry.
13. Is Melodify scalable for my music streaming business’s growth?
Yes, Melodify is scalable and caters to businesses of all sizes. Whether you’re a small startup or a large enterprise, Melodify’s features can be customized to suit your business’s growth and budget requirements.