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.
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.