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A STUDY ON OVER-THE-TOP

PLATFORMS: BASED ON THE SUCCESS


FACTORS OF INNOVATION

By-Aniket Kumar
Introduction
 OTT means ‘over-the-top', which is so called any
media service that gives streaming of video content
like TV shows and films via App or website through
the internet other than traditional distribution
networks like cable and DTH.
 Major players in this segment are Netflix, Amazon
Prime, Hotstar, Voot, Zee Cinema etc. Due to
increasing demand of subscription of OVER-THE-
TOP platforms, big media companies like Disney,
Marvel, Pixar, are joining the streaming marketplace
to deliver their content to consumers.
Research Gap
There are several researches that has been conducted all over the
globe on this related topic. In contrast, there wasn’t any research
related to age and occupation, what age group is more interested
in OVER-THE-TOP platforms. So, I took that initiative to
perform this case study regarding OVER-THE-TOP platforms
and what people think about the innovation.
 
Objectives of the Study
1. To understand which of the over-the-top platform are more
popular among the customers.
2. To understand the millennials to binge watch content available
on over-the-top platforms.
3. To understand various factors which encourage millennials to
watch video on demand on various OTT platforms such as
Netflix, hotstar, Amazon prime, Voot etc.
Data Analysis and Interpretation
Questionnaire was filled by many people for data analysis and interpretation is discussed
below: -
1 Gender-wise classification

Gender No. of respondents % Of respondents

Female 27 50.9%

Male 26 49.1%
2 Age- wise classification

Age Group No. of respondents % Of respondents


Less than 18 1 1.8%

18-30 41 77.4%
30-45 9 17%
More than 45 2 3.8%

Total 53 100%
3 Occupational status of respondents
Occupation No. of respondents % Of respondents

Student 26 49.1%

Working 22 41.5%

House lady 5 9.4%

Total 53 100%

4 OTT Platform Preference


OTT platform usually used No. of responses

Netflix 43

Amazon Prime Video 42

Hotstar 33

Sony Liv 09

Voot 11

Zee5 11

Alt Balaji 06

Total 155
5 Subscription Preference of respondents 7 Content Preference
Subscription packages No. of responses Content preference No. of responses
Monthly 16 Romantic 28
Thriller 36
Quarterly 7
Horror 18
Half yearly 3
Comedy 32
Yearly 27
Action 23
Other 3
6 Pattern of usage on daily basis
Total 140
Time Duration No. of respondents % Of respondents

Less than 3 hours 33 62.3%

3 hours- 6 hours 13 24.5%

6 hours- 9 hours 5 9.4%

More than 9 hours 2 3.8%


8 Changes preferred by respondents in OTT platforms
Changes needed No. of responses % Of responses

Less expensive monthly 28 52.8%


charges

Low cost, high picture quality 14 26.4%

Same account sink with other 11 20.8%


devices too

9 Leverage of student discount provided by OTT platforms in subscription

Student discount No. of responses

Yes 41

No 12

Total 53
10 Innovations evolved during recent years

Innovations No. of responses

Recommendation services 32

New movie notification 21

Total 53

11 Netflix Surprise me option

Usage of surprise me option No. of responses

No 40

Yes 13

Total 53
Findings
To measure the use of OTT platforms among youth

To recognize popular OTT platforms & content preference of


youth in OTT platforms

To recognize about the content by the respondents

To know about the success factors in Innovation


2 Conclusion
To conclude with, video streaming industry has drastically innovated itself and made an impact on various
age groups. Platforms like Netflix, Amazon Prime video and various others are gathering members from all
over the globe to consume their content on daily basis. Various innovation and features added to the platforms
are used by people but India is a huge market for OTT platforms, so offering different plans to satisfy a
diverse user base with different income levels is the only solution for faster absorption and growth. Focusing
more on Indian-friendly content would be another plus point for OTT providers. For now, it can be said that
Indians will continue to drift towards these platforms, though television would still remain an important
commodity in India. There still exists a section of the population that doesn't have access to smartphones and
internet. Moreover, the older generation prefers the television over OTT platforms for entertainment.
Moreover, features like 'surprise me' on Netflix is not used by much users and some people are not even
aware of it.
Therefore, these platforms should focus more on quality over quantity and should offer more content based
on region so that they can increase their user base which will not only help these platforms to innovate but
also move up their growth at a faster pace.
THANKYOU

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