Among the most profitable online business you can start is the IPTV business.
IPTV is a booming market. Many end users are ditching cable TV for IPTV. While there’s stiff competition for other online businesses, the IPTV business has little competition.
This is mainly because many business opportunity seekers think that IPTV is a highly technical field. They reckon special qualifications are needed to succeed in a business related to it.
If you want to take a look at IPTV as a business opportunity, then this post will explain how you can start your own IPTV business.
- 1 Advantages of Starting an IPTV Business
- 2 How Can You Start an IPTV Business?
- 3 Become an IPTV Reseller
- 4 Duties and Responsibilities
- 5 How to Get Started
- 6 IPTV Reseller Features to Look Out For
- 7 Choose a Catchy Brand Name
- 8 Register a Domain
- 9 Buy Web Hosting
- 10 Create Website Content
- 11 Contact Form
- 12 Payment
Advantages of Starting an IPTV Business
The following are the advantages of starting an IPTV business.
First, you don’t need to fork out a huge amount of cash.
Second, you don’t need special technical skills. Even if skills are needed, you can learn them fast.
Third, you don’t need big manpower to run an IPTV business. You can start on your own or with two people and still be successful.
Fourth, you won’t need a brick-and-mortar space to run the business. Since IPTV is an Internet-based product, you can run it anywhere there’s an Internet connection.
How Can You Start an IPTV Business?
Become an IPTV Reseller
The best way to start an IPTV business is by becoming an IPTV reseller.
An IPTV reseller buys IPTV panels and credits from IPTV providers. He then sells them to users looking for IPTV services.
In other words, you’re a third party who buys IP subscriptions and sells them at higher prices to make a profit.
Duties and Responsibilities
It is important to understand the duties and responsibilities of the parties involved in an IPTV Reseller business.
As a reseller, you’ll deal with an IPTV provider.
Here are the duties and responsibilities of an IPTV provider.
IPTV Provider Responsibilities
The role of the provider is to maintain uninterrupted streaming services. As such, they’ll have to ensure that their servers are in stable condition.
Also, they’ll be responsible for the Electronic Programming Guide (EPG) which end users rely on to watch their favorite shows.
IPTV Reseller Responsibilities
As you’ve seen, an IPTV provider deals with the technical side of things.
As an IPTV reseller, you will be selling subscription services to the end user. In other words, selling the services an IPTV provider offers you.
Your work will essentially be promoting and marketing your services. On top of that, you’ll sign up customers and handle matters related to subscription.
As an IPTV reseller, you act as a middleman between the IPTV provider and customers.
As such, you have the responsibility to deal with customer complaints. So, it’s important that you fully understand the services you’re selling.
As an IPTV reseller, your main responsibilities will be marketing and customer service.
How to Get Started
You need to thoroughly research IPTV providers before selecting the one(s) you’ll work with it.
As customers will directly complain to you with regard to services, it’s important that you select a reliable and reputable IPTV provider.
Read up on independent professional reviews and mostly importantly customer reviews.
Look for IPTV providers that offer free trials to resellers. In this way, you can test-drive IPTV services before selling them to customers.
This will also allow you the opportunity to familiarize yourself with the reseller dashboard and also to gauge the ease of use.
IPTV Reseller Features to Look Out For
If you’ve researched and selected an IPTV provider, you’re advised to start with minimum investment.
Some IPTV service providers offer packages as low as $250 to get you started.
Can you attach your own brand to the IPTV service you’ll be selling? This is important if you’re thinking of succeeding in the IPTV business long-term.
Free Trial Accounts
Your success in the IPTV business will depend on your customers trusting the quality of the IPTV service you’ll be offering.
As such you should choose an IPTV provider that allows you to create free trial accounts for customers.
Some providers allow you to create up to 100 free trial accounts in 24 hours without additional charges.
Choose a Catchy Brand Name
If you’re satisfied with the service quality of an IPTV provider, you can take the next step of creating a brand name.
Spend some time brainstorming names. Choose a catchy name your potential customers will easily remember.
Register a Domain
To market your services and support your customers, you would need a website.
After deciding on your brand name, you could do well to register the brand name as a web domain.
The domain name should include your brand and the type of services you’re offering.
For example, if your brand name is lotus, you would want your domain name to be lotusiptv.com. If that domain name isn’t available, then you would want to opt for lotusiptvservices.com.
Buy Web Hosting
Once you’ve settled on your domain name, the next step is to buy hosting.
Web hosting is affordable these days, So, you don’t have to lose sleep over the matter.
A tip when choosing a web hosting package. Choose a package that comes with a web builder.
These web builders are user-friendly. They can have you set up a website within hours.
If you choose cPanel web hosting, you can easily set up a WordPress site with the built-in WordPress installer.
There are many tutorials out there showing you how to set up a WordPress site. Just search YouTube and you’ll be good to go.
Create Website Content
Your website should not only display your services. You should also create informative and educational content.
In other words, have a blog section where you’ll educate your visitors on IPTV and your services.
Spend some time thinking about what your visitors would want to know about IPTV and your services. Then create content around these topics.
Look at competitor websites. Study their content. List down the topics they cover. Create content answering questions your potential customers may have.
What’s the need for it? For one, educational content creates authority. People buy from sellers who know about what they’re selling.
Educational content gives you the opportunity to show your visitors your IPTV expertise. It creates trust.
To get sales for your IPTV packages, you need traffic to your website. Lots of them. If you’re starting out, you may not have the budget to buy traffic.
But if you create content around IPTV-related keywords people are searching for, your site has the chance of ranking high in the search engines.
People coming to your site to read content may end up buying from you.
So, make sure you have enough regularly-updated content on your website.
An FAQ section will save you and your customers time communicating with each other.
Have a dedicated FAQ page. If you’re using WordPress, you may use an FAQ plugin. This will help you set up a professional-looking FAQ page.
Your FAQ page will cover every question your potential customers may have.
Your FAQ page would be an important part of your marketing arsenal.
Don’t be surprised that your visitors usually spend the most time on your FAQ page.
No question is too stupid to be answered. Detailed questions and answers should be provided on the following, among others:
- How to sign up for your services
- How to pay for your services
- Choosing IPTV packages
- Refund policy
- Canceling subscriptions
Study the FAQ sections of competitor websites. Take note of what they’ve included.
The easiest way to run an IPTV website is to model it on existing ones. If possible improve on what is available out there.
Instead of just asking your customers to contact you through email, have a contact form.
Customers would just have to fill in their details and write their message and hit the submit button.
The main reason you want to start your own IPTV business is to make a profit.
To ensure this, you must have the facility to receive payment online.
Online payments are fast, easy, and affordable.
In other words, you must provide your customers with a convenient and reliable way of paying.
Fortunately, online payments can be easily done these days. There are services such as PayPal, Payoneer, and Payeer among others. The good thing is you only pay them a service fee when a transaction is complete.
Spend some time exploring these payment platforms. Try to include as many payment options as possible for your visitors.
Most of these platforms support payment through credit or debit cards.
You now have a rough idea of how you can start your own IPTV business. Use this as a guide to further explore the IPTV reseller business opportunity.