You are on page 1of 12

Radio King

The Next Gen Radio App


Table of
Content

Introduction

Market Stats

Trends & Features

Competitors

Development Process
A Few Words About
Radio King

Internet radio is becoming more popular among smartphone owners, as mobile internet
spreads around the world. As a result, the internet has become a major way for the radio
industry to reach their audience. In the end, in this case, mobile application consensus
have major advantages in comparison to website radio streaming services.
Global Market Stats of
Radio FM Apps
Market Size of Radio Industry
(India - in billion Indian rupees)
Market share of Music Apps
India - 2022
The
Opportunities
According to XappMedia research, mobile radio has oblivious strong trends in the
future:

• 79% of music listening time occurs on internet radio.

• internet radio users would grow to 183 million in 2023.

• 95% of internet radio listeners access it via mobile.

• 67% of all music listeners access streaming services weekly.

• over $4 billion profit only by advertising (subscription excluded)


Features of
Radio King
PERSONALIZABLE REVENUE MODELS

1. Preferred genre and music for listening 1. Subscription Model

2. Auto algorithm by “like” or “dislike” 2. Play Royalty Free Music

3. Ability to skip the unpleasant track. 3. Escape to Tax Heaven

QUALITY OF SOUND COMMUNITY

1. Weather Affected 1. Sharing on Social Media

2. Distance from the Listener 2. Login Via Social Media

3. High passages and quite passages 3. Personalize Contents

4. Good Internet Connection 4. News and Events


Features of
Radio King
POLLS E-COMMERCE

1. Favorite lists & Tracks 1. Subscription - Sell Memberships

2. Popular Tracks 2. In-App Purchase - Sell Cloud Space

3. Fans Clubs & Discussion 3. Buy Track - Sell Songs & Podcasts

ADDED FEATURES KEY STATS

1. Segment Wise & Domain Specific. 1. Broadcast over 100,000 radio stations.

2. Launch local shows and live streams. 2. Over 4 million podcasts and shows.

3. Sale advertising time on the local market. 3. Available on most popular platforms

4. Local weather, calendar or reminder. 4. Over 60-million Monthly Listeners


Comparison of
Top Market players
Feature Spotify Pandora Saavn Kuku FM Radio King
Personalized 🗹 🗹 ❎ ❎
🗹
High Sound Quality 🗹 ❎
🗹 ❎
🗹
Live Studio 🗹 🗹 ❎ ❎
🗹
Video Streaming 🗹 🗹 🗹 🗹 🗹
Polls 🗹 🗹 🗹 ❎
🗹
Community ❎ ❎ ❎ ❎
🗹
eCommerce 🗹 🗹 ❎ ❎
🗹
RSS Feed ❎ ❎ ❎ ❎
🗹
Analytics 🗹 🗹 ❎ ❎
🗹
Segmentation 🗹 🗹 ❎ ❎
🗹
Domain Specific 🗹 ❎ ❎ ❎
🗹
Podcasts 🗹 🗹 🗹 🗹 🗹
Audio Books 🗹 🗹 🗹 🗹 🗹
Development
Process

• Do it by yourself – the cheapest way to choose from. But it isn’t so easy unless you have no
coding or designers skills. Even with templates and radio builders apps you won’t get far
from averageness.

• Find freelancers – hire someone to build an app for you is a seductive idea. Especially if it
costs you cheap. However, cheap freelancers are mostly students, amateurs and poor
workers in real. So, be ready to spend tons of time in measure to find some good ones.

• Outsource it – non-Western development companies may make quality apps up to 5 times


cheaper than Western companies. Despite they have little issues with communications (not
native English, time differences), they do the same work as westerns.

• Brand development company – Money is the only matter in this case. If you can afford
pay over 100 dollars per hour to each person in a development team, it’s your choice.
Connect
With US:
USA UK

+1-817-717-1793 +44-20-81447964
enquiry@octalsoftware.com enquiry@octalsoftware.co.uk

INDIA SINGAPORE
+91-141-2525810 +65 31582596
enquiry@octalsoftware.com enquiry@octalsoftware.com.sg

Visit Site: https://www.octalsoftware.com/

You might also like