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From the very beginning, the London-based social media company has been very successful and has been attracting all types of content creators including some of the top celebrities from Hollywood. With its impressive run, the company has managed to etch its name in the entertainment marketplace.
Onlyfans, perhaps, is one company that has made the most out of the gig economy and has grown to become the world leader in the subscription-based social media segment in the most fashionable manner.
With such a striking track record and success, there is no reason for business entrepreneurs to launch a clone of Onlyfans by replicating its business model. It’s no surprise that there are numerous Onlyfans clone apps that are already ruling the subscription-based social media segment.
Still, the gig economy has a lot more to tender due to the vastness and richness of the marketplace. In addition, Onlyfans has a high capacity to generate enormous revenue, which is why business entrepreneurs are keen on replicating the business model of Onlyfans and have a fair share of the large on-demand content market.
Since, revenue-generation is the key element of Onlyfans’ business model that is captivating business entrepreneurs, FansForX, one of the top Onlyfans clone apps, takes a deep dive into OnlyFans' revenue-generating business model. Read this blog to learn how to create the most successful Onlyfans clone app.
* Monthly Subscription Business Model:
The Onlyfans app makes the majority of its money through a monthly subscription-based business model. Monthly subscriptions are the foundation of the Onlyfans clone apps.
The consumers pay a fixed monthly subscription tariff to follow the celebrities, which can range from $5 to $50 each month. The app admin or the business owner charges a commission ranging from 15% to 40% of the total revenue from monthly subscriptions of each content creator or model.
* Live Stream Business Model:
Both content creators and users generally favor live streaming as their preferred way of interaction. It is popular among all types of users, regardless of whether an introvert or extrovert because live streaming does not involve any form of physical or face-to-face conversation.
Users can pay a small charge to join the live streaming chat room once content creators or models begin their live stream event. Most people appreciate live streaming because it allows them to communicate with their favorite celebrities in real-time.
* Pay-Per-View Business Model:
The pay-per-view or premium chat business model is also one of the most popular sources of money on the Onlyfans app. Users can pay a premium of $1 to $5 per message view to have a personal and intimate discussion with their favorite celebrities and content creators.
Who doesn't want to chat with their favorite celebrity in an intimate and even sensual way? The Onlyfans clone app capitalizes on users' desire to interact with celebrities in person.