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Wavve
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Source
Researched profile. Starter Story's AI research system compiled this page from 23 public sources — the founder didn't write it. Automated research can misread or misattribute a source, so treat figures as best-effort. How this works →
Wavve logo

How Wavve Makes Money

Tool for turning audio into engaging social media videos.

How did Wavve monetize?

Summary of the sourced claims below

Wavve monetizes primarily through recurring subscription fees as a subscription video on-demand streaming service. It operates a freemium model with a portion of users subscribing to premium plans, generating recurring revenue.

Revenue sources

2 sources · grouped by how Wavve makes money

  • Recurring subscriptions

    · 6 mentions · 5 sources
    “Our business model is typical SaaS. We offer monthly and annual subscriptions that range between $8 and $60 per month. We currently have about 6,000 active subscribers.”
    high
    Show 5 more quotes
    “Over the past 3 years, we have bootstrapped the business to $75k in monthly recurring revenue.”
    high
    “Wave has a little over 100,000 users, it's a freemium product, and about 7,000 premium subscribers. So we're doing around 87,000 a month in recurring revenue for Wave.”
    high
    “it’s a SaaS product we created in 2016 to make sharing audio clips on social media a breeze. ... we realized there was a specific niche we could market to — podcasters. We pivoted our business to podcasting and, over the next several years, we scaled to over 1.6M ARR.”
    medium
    “Wavve (Korean: 웨이브) is a South Korean subscription video on-demand, over-the-top, streaming television service operated by SK Telecom.”
    high
    “KOCOWA currently offers Korean content to subscribers in some 30 countries in the Americas, including the U.S., Canada, Mexico, and Brazil. It has its own streaming application ‘KOCOWA+’”
    medium

  • One-time / lifetime deals

    · 3 mentions · 3 sources
    “This was people buying packs of minutes and using them and maybe coming back and buying more.”
    high
    Show 2 more quotes
    “also distributes content to local OTT and cable TV service providers including Amazon Prime Video, Google TV, Rakuten Viki, Roku, Comcast Xfinity, Xumo, and COX.”
    medium
    “Special Offer: Free Trial + $100 Off Lifetime Access!”
    high

How 1,902 businesses make money

Of businesses with mapped revenue sources, the share using each — Wavve’s highlighted.
  • Recurring subscriptions
    55% ◀
  • Services & consulting
    29%
  • Physical products
    28%
  • One-time / lifetime deals
    24% ◀
  • Affiliate / referral commissions
    15%
  • Course / training sales
    13%
  • Sponsorships & partnerships
    10%
  • Usage-based fees
    9%
  • Advertising revenue
    9%
  • Add-ons & upsells
    9%
  • Marketplace commissions
    6%
  • Licensing
    2%
  • Donations & tips
    2%
  • Setup / onboarding fees
    2%
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