The world over was hit by the Novel Coronavirus, the fiercest force mankind has ever faced around this time last year. The global pandemic had such a devastating effect that the entire planet was under complete lockdown. The precautionary lockdown had disastrous consequences, as several firms were led to shutting down both temporarily and permanently.
The Novel Coronavirus and the consequential global lockdown set off a chain reaction that resulted in job losses and, eventually, an economic crisis. On the other hand, Onlyfans and Onlyfans clone apps were unaffected by any of these adverse effects following the events of the Novel Coronavirus.
Onlyfans alone made billions of dollars in the same year when numerous businesses were shutting down or fighting to stay solvent. In 2020 alone, Onlyfans earned a stunning $2.4 billion and the number of registered users surpassed the 120 million mark. Likewise, Onlyfans clone apps were also less likely affected by the events surrounding the Novel Coronavirus and found to have grown exponentially during the pandemic.
As a matter of fact, owing to the success of Onlyfans during the pandemic, business entrepreneurs found Onlyfans clone apps to be a great investment opportunity to counter the losses incurred through other business enterprises. The increased demand for Onlyfans clone apps led to an amplified increase in Onlyfans clone app development and developers.
We know you are curious about how Onlyfans clone applications managed to generate so much money, even during these trying times. Read this FansForX’s blog and you will get solutions to your business-related questions about COVID-19.
- A Platform to Unwind:
It is not easy to be restricted to one’s home for an extended period of time. Furthermore, individuals who tested positive for COVID-19 were restricted to their rooms as part of the self-isolation regimen, making it much more difficult. Statistics state that the lockdown and self-isolation created heavy mental stress to both individuals and families.
However, Onlyfans clone apps proved to be a safe haven for these people to unwind by connecting with their favourite celebrities and their premium content. This boosted Onlyfans’ business traction and, as a result, revenue growth during the lockdown.
- An Increase in Content Creators:
Several content creators, celebrities, and adult entertainers lost their jobs as a result of the Novel Coronavirus and the lockdown and were looking for alternate sources of revenue. And joining Onlyfans clone apps became a viable option due to their profitability and higher demand.
While the number of content creators increased for Onlyfans, it was the Onlyfans clone apps that witnessed a drastic growth in the number of content creators since the competition in Onlyfans was pretty stiff and cut-throat.
While Onlyfans is more profitable than the Onlyfans clone apps due to its popularity, 90% of the total income of Onlyfans is earned by the top 10% of the content creators, which is unfair. This is one of the main reasons for content creators to choose Onlyfans clone apps over the original app.
- Unconstrained Business Model:
Onlyfans has an open and unconstrained content creation policy, which means that artists and content creators from all walks of life, including the adult industry, are welcome to join, create content, and liberally share it with the users. This is the primary reason for the high success rate of Onlyfans and Onlyfans clone apps.
The adult industry’s large fan base serves as a lucrative source of revenue. Celebrities such as fitness coaches, singers, dancers, social media influencers, and not just adult entertainers are also taking advantage of the regulation to post nudes and monetize them.
- Higher Pre-Tax Profits:
The business model of Onlyfans and Onlyfans clone apps is designed and developed in such a way that it generates significant pre-tax profits. The company’s pre-tax profits were expected to reach $70 million in 2020.
Onlyfans clone apps are expecting to double their pre-tax profits for the financial year of 2021 to 2022 as compared to the previous financial year. This means that those who are looking to invest in an Onlyfans clone app will reap higher benefits from the very beginning.
The success of the Onlyfans and Onlyfans clone apps during the lockdown was a pleasant contrast after several businesses incurred significant losses. FansForX is one of the Onlyfans clone apps that was highly effective during the lockdown. The aftermath of COVID-19 and the worldwide lockdown is very much prevalent. As a result, now is the ideal time to develop your own Onlyfans clone software, and FansForX is the ideal business model for you. To learn more, kindly contact us right now.