I’ve written a bit about the show we produce for Stronger Families, a non-profit organization that advocates for healthy marriages and strong families. The show (Stronger Families LIVE with Jeff Kemp) does an outstanding job of picking the brains of marriage experts with a variety of special skills.
We worked hard to deliver a Pay-Per-View program that added a great deal of value to our viewers, but we wanted to further extend what we could offer people in need of this kind of content AND further increase revenue.
I just got a peek at the results of one of my favorite tips for increasing the revenue brought about by any Live Streaming Video production; that is, by creating an “available-for-sale” DVD.
By working with our DVD/CD manufacturing partner (Acutrack), Stronger Families took their Pay-Per-View episodes and packaged them into this retail-quality DVD seen on the right.
For the first four episodes we produced, they plan to create two DVDs—each with two episodes.
Doesn’t this look great?!?! They did a wonderful job putting everything together and have successfully created THREE revenue streams from the Stronger Families LIVE pay-per-view production:
- Live Pay-Per-View
- Post show Video-On-Demand
Who is Buying?
What’s interesting about the DVD is an analysis of who is buying. As expected, people who attended the live event and wanted to preserve what they learned for further reference have purchased a DVD. But two other groups have been added to that first group of buyers:
- Live Pay-Per-View customers who attended
- Live Pay-Per-View customers who were unable to attend the live show
- People who missed the live event but still wanted the content
What’s great about this is that the investment in the live event will be paying dividends to Stronger Families for years.
Total Income Streams
If you add up all the income streams from this production, you’ll get a total of FIVE:
- Live Pay-Per-View
- Post-show Video-On-Demand (Non-PPV Signups)
[PPV Signups were allowed free access to the Video-On-Demand)
- PPV Attendees
- PPV Signup, Unable to Attend
- Non-PPV Signups
By adding a video-on-demand and DVD option, Stronger Families has tripled their income options for Stronger Families LIVE. Pretty nifty.
You Can Do the Same!
The key to increasing your revenue OR marketing value is to ensure you are recording your live streaming video production in such a manner as to allow for the reuse as either a high-quality video-on-demand offering or a DVD. This means that recording your live event as a FLASH video is not good enough. Be sure to record in a non-Flash format that is capable of being eventually rendered in a quality suitable for DVD.
As you can tell, I’m excited about all this. How about you? Are you considering producing a live streaming video production and adding a DVD component to the overall offering? Have you already done so? Let me know. . .I’d love to shine a flashlight on others with similar success (or concerns).