In this digital era, as an entrepreneur, you must analyze recent market trends and turn your ideas into reality via a mobile app. The content sharing and streaming platform may or may not be familiar to you. It’s a forum where celebrities interact with their fans, as is required of them throughout their media careers.
The majority of internet users have at least one social media account to connect with the rest of the world online. Despite the fact that celebrities have a consistent revenue source, they can still make money by engaging with their fans. As a result, there is a strong demand for a premium content subscription app.
Although there are numerous premium subscription-based social media platforms, Onlyfans is the most popular of all. This is mainly due to its unconventional business model and the integration of adult content in its services. Onlyfans soon proved to be a safe haven for adult entertainers and porn celebrities as they were allowed to share their content with the utmost confidentiality and make hundreds and thousands of dollars a day.
The popularity and profitability of Onlyfans paved the path for the development and deployment of several Onlyfans clone apps as they provided similar services and features at a lower cost. Onlyfans clone apps are not a mere replica of the original app, they’ve evolved to do much more than the Onlyfans app.
Read this blog by FansForX, one of the top Onlyfans clone apps, to know how a customizable Onlyfans clone app, like FansForX, with notable features, can take over the premium subscription-based social media industry.
Highlights of Onlyfans
Before we could get into the specifics of the Onlyfans clone app, you need to understand the highlights of the Onlyfans app and what made it so popular.
1. In the midst of the pandemic, celebrities were looking for new ways to make money. Onlyfans appeared to be the best fit for them because it allowed them to connect with their fans while also allowing them to earn money through the app.
2. Not only celebrities, but models, musicians, journalists, podcasters, and many others use Onlyfans to show off their talents to the world over. As a result, they have a steady source of income.
3. According to Bloomberg, Onlyfans made $2 billion in revenue in 2020. In addition to these figures, Timothy Stokely stated that this app pays $200 million every month to content developers.
4. Onlyfans outperforms other content applications like Patreon, Twitch, Cameo, Bandcamp, Outschool, Gumroad, and Substack in terms of revenue generation. The growth of the Onlyfans app appeared to be steepest on a graph from September 2018 to July 2020.
5. The Onlyfans app currently has over 30 million users and 450,000 content developers. In addition, Beyonce name-dropped Onlyfans in her recent single which helped the company witness a surge in its growth.
Onlyfans Clone Apps
As a result of the success of the Onlyfans app, several businesses are considering creating their own version of the Onlyfans app and releasing it on the market. You can choose between two popular methods for this. One method is traditional, while the other is to use a white-label solution. Since it must be developed from the ground up, the convention technique takes a long time and costs a lot of money. On the other hand, many people have praised the development of an Onlyfans clone app employing a white-label solution since it offers the following benefits.
- Time Conserving:
Generally developing an app from the ground up will take anywhere between four to seven months. In the digital world that is a long time, because in those four to seven months one can never imagine how many competing apps would be launched. Whereas, opting for a white-labeled Onlyfans clone app means you can launch your customized Onlyfans app in a matter of three to four weeks. Buying a readily deployable Onlyfans app gives you a huge advantage over the competition.
Just like time, cost is another crucial and deciding factor that can determine the profitability of your Onlyfans clone app. Designing and developing an Onlyfans clone app from scratch demands large amounts of capital investment as there are numerous variables to be considered. Factors like hiring professional developers, market strategists, testers, marketing agents, branding agents, servers, will extract more money than one can ever imagine.
However, with ready-made and customizable Onlyfans apps, all of the above-mentioned variables are taken care of by the software development company. You can straightaway purchase the readily deployable product by paying the product cost, which is less than a bespoke Onlyfans clone app by a huge margin.