3 Surprising Ways to Make Money with Periscope While You Sleep

How would you feel if you woke up one morning, checked your mobile phone and you noticed a lot of PayPal notifications with money coming in. Oh my gee, you got paid while you slept! Through Periscope! How awesome!

No joke, in this post I will share some ideas how you can use Periscope Replays to make money. While you sleep! And just to throw out any doubt, you need to scope for these to work.

But who am I to teach you that?

I don’t want to take your precious time by talking about myself. I am @LiveStreamKatya and the only thing you need to know about me is that I walk the walk when it comes to Periscope. Last year, I joined the Periscope World and within 3 months I created a B2C membership product from scratch and quit my full time job to run the membership community. And no, that membership product did not teach people how to make money on Periscope. People who teach you how to make money without having made money themselves don’t go well in my books. So the tips I am about to share with you, I have tested and have made money with, while I sleep.

Don’t have to read this blog post? Download my Periscope Guide that teaches you how to monetise Periscope.

website-with-guide

It’s all about the replay…

Before I tell you the tips, here’s why you should utilise the replays. Once you do a Broadcast, it shows up on your feed for 24 hours on Periscope. Obviously, your scope stays forever, but the key is the Periscope feed. Your followers are more likely to watch your broadcast if you are in their feed.

The difference between your live and replay viewers is that the live viewers jump on your scope and only see your content from the moment they joined. Therefore, they are disadvantaged in that they are missing the first few seconds of your scope. Your replay viewers on the other hand, can and will see the ‘Welcome to the broadcast’ message and any Calls-To-Action that you give at the beginning of your scope. This is genius because you can tailor your message to the replay audience.

So let’s go, let’s make you some money while you sleep.

Tips for Talent

Have you got a talent you can showcase? You can ask for tips from those that appreciate it. Maybe you’re a motivational speaker? Have you got special skills, maybe you’re a break dancer, an artist, a magician? Maybe you are a good teacher and educate your Periscope viewers really well on marketing.

Whatever your genius is, you need to be playing it full out on Periscope. I want you to share your talents and then ask your viewers for tips. For this, you would need a PayPal.me account or a direct checkout link to share.

Here’s how you start your scope and address your replay audience.

‘’Welcome  to the replay, my friends! Stick around, I will show how I do ______ and if you enjoy it (or find it useful) please send me a Thank You tip in my www.paypal.me/lunchepreneurs. If you cannot send me a tip, no worries – stick around and enjoy.’’  

Go ahead and get your paypal.me link and ideally use your Periscope handle as the /extension.

Feeling weird about asking for money? Nothing to be worried about, just make sure you give your viewers a choice. As long as you don’t make them feel like they have to tip you, you’ll do great.

Subconsciously Sell Your Books or Online Courses.

Authors and Online Course creators – this one’s for you. Instead of trying to sell your books or online courses, showcase these at the background of your scope. If you have a wall behind you, get a poster that shows your products that people can buy. Include the link in the poster and give your best advice from these products.

Start your replay with:

”Welcome to the replay, my friends! This is Katya, I am the author of XYZ (or the creator of the Online Course ABC). Please stick around – I will teach you how to ____”. 

Having your book or online programme in the background, plants it subconsciously in your viewers’ mind. It will spark their curiosity and potentially visit your website and purchase. Remember, it’s much easier to convert Periscope viewers into buyers, because the rapport building is much quicker than any other Social Media platform.

Replay Viewers Coupon Codes

This one is genius and remember you heard it from me first. I want you to offer a discount coupon code to all your replay viewers to encourage them to buy straight after your scope. Why is this genius? Because your live viewers aren’t going see that as you will only give it away in the first 10 seconds.

Here’s what you say:

‘Welcome to the replay, my friends. Thank you so much for being here. In fact, I am so thankful you are watching this replay that if you bought my _____  I would give you exclusive 50% discount with a coupon code REPLAY’

No matter what you think, people love discounts and when you are offering these for replay viewers only, they will feel special and are more likely to stick around and buy from you.

Want to learn more tips on how to use Live Video to Build your Brand and Credibility?

I have a wonderful FREE PERISCOPE GUIDE for you that teaches you how to build a brand and monetise live streaming.

DOWNLOAD THE FREE PERISCOPE GUIDE

website-with-guide

Laptop Entrepreneur and CEO based in the UK. Founder of #Peri10K and the #Shareathon™. I help Changemakers grow their business, get more freedom and have more fun with Live Streaming.

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10 comments

  • Rosella LaFevre December 1, 2015   Reply →

    I haven’t really scoped yet. Just once and I got off quickly because a spammer scared me off. I’ve learned more about it by now and feel better about it. I’m planning to scope this December. I love your tips here. Such great ideas to monetize periscope. I’m definitely going to put these into action. I also really love the bonus tip about using social to schedule messages promoting the scopes!

    Rosella
    Fellow “Freaking Amazing” member 🙂

    • Katya Varbanova December 2, 2015   Reply →

      Thanks, Rosella!
      For some reason, at the beginning of everybody’s journey there are plenty of trolls. That is probably because they receive notification that ‘this is your first scope’ and they LOVE trolling on people’s first scopes because you don’t know how to react.
      Thanks for reading this, feel free to come back because our members will be sharing a lot of their knowledge and inspiration!
      Katya

  • Julia Kristina December 7, 2015   Reply →

    These were great tips. Thanks for this Katya!

  • Thank you for the sensible critique. Me and my neighbor were just preparing to do a little research on this. We got a grab a book from our local library but I think I learned more from this post. I am very glad to see such magnificent info being shared freely out there.

    • Katya Varbanova December 29, 2015   Reply →

      That’s very sweet of you. Thank you very much. I will be adding more soon on the blog.

  • bastcilk doptb January 5, 2016   Reply →

    Have you ever considered writing an e-book or guest authoring on other sites? I have a blog based upon on the same ideas you discuss and would really like to have you share some stories/information. I know my viewers would enjoy your work. If you’re even remotely interested, feel free to shoot me an e-mail.

  • Katya Varbanova January 8, 2016   Reply →

    That’s very kind of you to say, thank you!

  • furtdsolinopv January 16, 2016   Reply →

    Some truly superb blog posts on this website , regards for contribution.

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