When Chris Ye was youthful, he used to reside along with his roommates.
Throughout that point, he subscribed to completely different streaming providers and his roommates would ‘trip’ on his subscription plan and pay him again their share of the price each month.
“It used to work nicely initially, nevertheless it will get sophisticated over time. One forgets to pay and it makes me uncomfortable to chase him for that, and the opposite pays on a random day of the month, making it arduous to trace,” lamented the 34-year-old.
This was what sparked the concept of ShareIt.sg, a platform that helps to handle subscription plans.
Adopting the identical idea as “carpooling, however for subscription providers”, Chris mentioned that it’s the first of its type to be launched in Asia.
Subscription providers have reworked how we devour media content material. It was simply accessible and supplied entry to a big listing of films, TV reveals, and songs. These days, the panorama has modified with extra rivals getting into the market.
Content material rights are scattered, pushing the customers to subscribe to increasingly more providers. ShareIt.sg is the answer to assist customers spend much less and revel in extra.
– Chris Ye, founding father of ShareIt.sg
How does it work?
ShareIt.sg brings collectively customers who’ve subscribed to a platform and want to share accessible slots supplied by their subscription to divide the prices, whereas respecting the simultaneity of the screens or the listening supplied by their subscription.
It permits customers to save lots of from their subscriptions by making a “digital household group”. The financial savings are primarily based on what number of co-subscribers you possibly can share with.
“[The] extra members you possibly can share with, the extra financial savings you get. You may count on price financial savings from 50 per cent to a median of 70 per cent,” quipped Chris.
Furthermore, the transactions are secured and automatic — fee is immediately credited to the proprietor’s checking account each month, so there isn’t any cause for missed or late funds.
There are two sorts of sharing processes relying on the service.
One [is] by way of invitation, that means the account proprietor would want to ship an invite hyperlink to the member. When members be part of the digital household group, they’ll entry a non-public group chat to rearrange with the account proprietor.
The opposite is by way of entry data sharing. Members becoming a member of the digital household group will discover the data (username/electronic mail deal with and password) to entry the service.
– Chris Ye, founding father of ShareIt.sg
Ought to the subscriber lose entry to the account, he/she will be able to attain out to the account proprietor by way of the group chat. If the problems can’t be resolved, the consumer can then flip to the help group for assist.
At the moment, ShareIt.sg helps 12 completely different providers, from video and music streaming, productiveness softwares, to VPN and gaming.
Right here’s the total listing of the plans and the utmost variety of members/co-subscribers that it permits:
- Netflix Customary (2)
- Netflix Premium (4)
- Spotify Duo (2)
- Spotify Household (6)
- Disney Plus (4)
- Apple One (6)
- Apple TV+ (6)
- Apple Music (6)
- Microsoft 365 Household (6)
- Tidal HiFi Plus Household (6)
- Nintendo On-line Household Membership (6)
- Nintendo On-line Enlargement Pack Household (6)
- YouTube Premium Household (6)
- NordVPN (6)
- Duolingo Household Plan (6)
Based on Chris, they first began onboarding the “hottest” streaming providers, and later added solutions from the customers themselves.
“From there, a group will assessment them to make sure that customers are legally allowed to share the service earlier than itemizing it on our platform,” he added.
Inside the framework of its exercise, ShareIt.sg stresses that it doesn’t infringe copyright nor violate the platforms’ contractual phrases.
When requested what different providers they need to add subsequent, Chris mentioned that they need to add extra safety providers reminiscent of VPN and anti-virus.
Greater than 10,000 customers to this point
To this point, Chris mentioned that ShareIt.sg has garnered greater than 10,000 customers. That is fairly substantial, contemplating that ShareIt.sg not too long ago launched in finish June 2022.
Trying again on this brief startup journey, Chris mentioned that it certainly wasn’t straightforward and cited two key challenges.
The primary is constructing his group. As he was from a advertising and marketing/consulting background, he wanted to seek out the “proper” tech result in complement his skillsets.
The opposite problem is constructing a scalable enterprise.
He admits that the journey could also be troublesome now, however he trusts that it’s going to grow to be extra manageable in the long term. The truth is, he has grand ambitions to broaden ShareIt.sg into one other market by subsequent yr, and in the end cowl Asia Pacific area.
“The toughest half is to begin [but] when you’ve got one leg in, you’ll maintain strolling [and] overcome every situation [along] the best way,” he summed up.
Featured Picture Credit score: ShareIt.sg
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