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Clubhouse App can be Profitable for Its Users

Anelis May by Anelis May
4 years ago
in Business News
clubhouse profitable

Clubhouse from United States is getting more and more popular in the midst of the growing number of applications that gather a community on one platform. This condition makes Clubhouse think that it is profitable for its users, one of which is making money.

The Clubhouse is still an invitation only and can only be accessed via the app on Apple mobile devices. The application allows users to enter a virtual room to join in conversations on various topics.

Clubhouse Already Has 10 Million Weekly Users

Quoting from AFP, Clubhouse already has around 10 million weekly users. The application also has a value of up to US $ 1 billion in just less than a year. Pandemic has bossted its popularity. And the appearance of a number of attention-grabbing figures such as Tesla founder Elon Musk and Facebook boss Mark Zuckerberg.

Clubhouse has been known to want to establish itself as the standard bearer for audio-only social media since its launch nearly a year ago. The concept is simple, once invited to join, one can start or listen to conversations in the digital ‘room’, from chats from famous people to chats in small groups.

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Clubhouses are known to plan to test gratuity features, ticket sales, or paid memberships.

“They definitely need to start thinking about ways we can make money quickly. I have had some really amazing rooms so far and I don’t want to waste all of my great ideas,” said Toni Thai, founder of Audio Collective at Clubhouse.

Thai saw Clubhouse one day add a sophisticated content recommendation system, like Netflix does for television shows or Spotify for music, and possibly add podcasts.

Appinventiv reports, Clubhouse is an audio chat application created by Rohan Seth and Paul Davidson. The app offers a space for discussion between two or more speakers that listeners can participate in, without intervention options.

Moderators have the right to allow listeners to enter. Those present (listeners) also have the option of raising their hands and asking permission to enter. Clubhouse is like a live podcast, but we cannot record or save it.

Clubhouse B2B System

There are many ways to make money at Clubhouse, for example through a B2B partnership. Startup founders can rely on Clubhouse to partner with influencers to introduce their products. In the past, Instagram and Twitter used B2B partnerships elsewhere before the success they are today.

Users Can Earn Money through Sponsors

Clubhouse users can also earn money through sponsors. Like on Instagram, Clubhouse users must be active and have a lot of followers. Thus, people will provide sponsorship.

Users who have certain skills can also sell them at the Clubhouse. Furthermore, users can hold courses at the Clubhouse and charge for it. Users can also sell special programs to third parties in the Clubhouse.

Moreover, Clubhouse is working on a monetization model by offering grants to content creators on its platform like what Google does through its Adsense or TikTok through the US $ 200 million Creator Fund for creators to be more creative.

Tags: businessbusiness ideaclubhousemake moneysocial media
Anelis May

Anelis May

I love all types of content. Financial news is my specialty though. Full time writer about Financial news, economics, market trends, politics enthusiast and more.

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