As a platform, Periscope doesn’t offer any built-in monetization methods. However, just because they don’t offer it, it doesn’t mean you can’t make money with Periscope. Here are three simple ways you can monetize your Periscope broadcasts so you can earn money from your videos: affiliate marketing, courses and classes.
Monetize Periscope – Affiliate Marketing
Periscope only allows you one clickable link, and that’s in your profile. If you want to earn money from affiliate marketing on Periscope, you’ll need to make sure you direct your viewers to that link every time you broadcast, and make sure that when they get there, they are ready to buy!
Start by writing a post or article about the item you are promoting, and post it on your website. Then, do a “scope”, or Periscope broadcast, reviewing or discussing the item you want to promote. Direct your viewers to go to your site via the link in your profile, and be sure to save the video so you can post it to your website after the initial broadcast.
If you use the WordPress plugin WP Scope, you can easily curate your video on your blog as well as share to Facebook. Scopes are only available for 24 hours unless you save your scope to YouTube or use a plugin like WP Scope.
Monetize Periscope – Course
If you plan on making a video course, do it using Periscope. Film each lesson publicly, answering questions in the comments from your viewers. Save each video, add in text to explain each lesson, and package the entire lot up to make a course. You can then sell this course on platforms like JVZoo or your own website and make money from content you’ve already created.
Monetize Periscope – Class
If you set your Periscope to the Private setting, you get to choose exactly who you allow to watch the broadcasts. You can offer a class or lessons on the Periscope platform and collect the money beforehand via PayPal or your chosen payment platform. Your students must follow you on Periscope, but you can also save the videos and give them to your students at the end of the course.
These are just a few ways you can monetize this fun platform. Try it for yourself and see what methods work best for monetizing your own Periscope account. If you are new to Periscope and need more general information about Periscope then Periscope Marketing Authority Social Informer is a great resource.