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CASE ON VOOT
Digital commerce in the world of connected screens
SUBMITTED BY
GROUP 9
ASADUR RAHMAN SAAKI 60D ROLL:22
MD. MAHMUD HASSAN 60D ROLL: 26
MAUNG MYO KYAW 60D ROLL: 32
MD. AYMANUL ISLAM 61D ROLL: 34
Introduction
VOOT a Video on Demand or VOD platform launched in India by Viacom18 on March 29, 2016. At
starting their Model was Advertising-led VOD or AVOD model. They were able to create a diversified
and rich digital content library collaborating with TV channels like Colors, Comedy Central India and
having the best children’s content.
As an Over the top or OTT service provider they are facing heavy competition from other digital
platforms like Hotstar, Sony LIV, ErosNow, Netflix, Amazon Prime video etc. The main concerns of
VOOT at this point are:
OPPORUNITIES THREATS
AVOD:
PROS:
1. Easy use acquisition
2. Variety of model is available such as – Pre roll, Midroll video ads, In video ads, Text overlay ads
3. Personal add recommendation for brands
4. Easy revenue distribution model to video content creator and ad partners
CONS:
1. Works only on large scale
2. Takes longer to be in break even
3. Requires sound AI technology to integrate custom ads and personalization for viewers
SVOD:
PROS:
1. User Retention is high
2. New content trial is easy
3. Allows recurring revenue streams
4. Best for large content portfolio
CONS:
1. Only works at scale, Risky at low user base
2. Revenue distribution agreements are tricky
3. Recommendations and Visibility for large content is a challenge
TVOD:
PROS:
1. Easy revenue distribution model to video content creators
2. Better revenue opportunities for fresh release VOD content
3. Accurate estimation of operational TVOD costs and lower risks
4. TVOD can work on smaller scale then SVOD, Good option to launch business
CONS:
1. User retention is a problem in TVOD
2. Content visibility controls content revenues
3. Limited Trial Opportunities, Restrictive for large content size
FREEMIUM:
PROS:
1. No Usage Barrier
2. Easy to get large user base
3. Differential Pricing
4. Cost savings
CONS:
1. Burns cash reserve fast
2. Non-paying users may require more resource and support
3. There must be an optimum ratio of paid and non-paid user which is difficult to implement
Voot should fo for a Hybrid VOD model blending the advantage of all four models.
For example, it can follow the example of YouTube Red.
Voot can offer
1. Free content to all of its non-paid user where they will put AVOD model
2. Ad-free and offline videos for subscribed members
3. High quality video content for premium users
4. Integrate TVOD, selling only most popular video contents providing limited access to the users
Question 3:Work out a digital strategy for Voot that addresses the issues of
availability and content.
Going forward, Voot’s strategy about content and availability should incorporate following things:
1. More streaming options: Different type of consumers prefer different resolution options based on
their device and platform, Voot should provide different resolution/quality options to cater them all
2. Language: Nowadays subtitle is a pretty common industry standard when it comes to Digital
Content platform.
Also in case of the most popular/ talked about content, they should have dubbed versions too.
3. Diversity: One of the reason why Netflix or Amazon prime is dominating the market is that they
have something for everyone, more importantly they provide content in niche category as well. Voot
should come up with such contents too. For example: Fantasy/horror shows or movies.
4. Catering to Cricket Crazy people: Even though Voot already broadcasts live cricket matches, it
can do better by creating a cricket library: a collection of Indian cricket matches or moments from the
past. India is a very cricket crazy nation, this should solidify Voot’s position in the market.
5. Regional Approach: Voot is currently focusing on the Indian market. An important key of success
in this industry is expanding into different market or culture. While expanding, boot should have target
the entire south Asian culture as a whole. Because the countries here share many part of their culture with
neighboring countries, it is convenient for Voot to cater to them as well.
6. Voot originals: Exclusive programs are by far the most important strategy to stand out in this
industry. Original programs make consumers loyal to the platform. But more importantly in this way the
contents are tailor made by the platform meaning it has excessive control over what it wants its consumer
to consume.
7. Continuing the focus on children: Children’s shows are one of the key strengths of voot. The
challenge is not do something groundbreaking, but rather retaining the current status.
8. News network: Voot’s rival, Hotstar made the first move in this regard gaining an unique
advantage in this front. However, to offset this, Voot should try to set up a deal with another leading news
agency. This makes sense for both the parties and shouldn’t be difficult to turn it into reality.
References
1. "Voot TV Shows Movies Cartoons - Android Apps on Google Play". play.google.com.
2. "Viacom18 launches video-on-demand platform Voot - The Economic Times". The Economic Times.