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Want to make money doing what you love, on your own terms? With the rise of live streaming, it's easier than ever to monetize your passion and skills - all you need is a smartphone and a great idea. Whether you're a band, music teacher, business coach, or simply have knowledge to share, you can use live streaming to connect with your audience and get paid.
But how exactly do you turn your live streams into a revenue stream? The key is using the right tools and strategies to create ticketed events that people will pay to attend. That's where EventLive app and Stripe come in.
EventLive is a powerful live streaming app and platform that integrates seamlessly with Stripe, a leading payment processor. Together, they allow you to easily create, promote, and monetize live stream events on any topic. From workshops and webinars to classes and performances, if you have something of value to share, you can use EventLive and Stripe to make money from it.
The best part? You don't need any fancy equipment or technical skills. If you have a smartphone with a decent camera and a reliable internet connection, you have everything you need to start live streaming and earning revenue today. Simply download EventLive app, create an account, connect your Stripe account, and start creating ticketed events in minutes.
In this guide, we'll walk you through the entire process step-by-step. We'll cover what tools and software you need, how to set up your accounts, and how to create and promote your ticketed live streams for maximum attendance and profit. We'll also share tips and best practices for delivering engaging live content that your audience will love.
By the end of this article, you'll have a clear roadmap for using live streaming to make money doing what you love. Whether you're looking to launch a side hustle or build a full-time business, EventLive and Stripe give you the tools and flexibility to monetize your passion on your own terms.
Ready to get started? Let's dive in!
What You'll Need
- A Stripe account for processing payments
- EventLive app for live streaming
- An engaging live stream topic or event
That's it! With just these basic components, you can start earning revenue from your very next live stream. Let's walk through the step-by-step process.
Step 1: Set Up Your Stripe Account
Stripe is a leading payment processor that allows you to easily and securely accept credit card payments online. Setting up an account is quick and free. Simply:
1. Go to stripe.com and click "Start now"
2. Enter your email address and create a password
3. Fill in your business details
4. Link your bank account to receive payouts
5. Customize your branding and checkout settings
Once your Stripe account is ready to go, it's time to connect it with EventLive.
Step 2: Integrate Stripe with EventLive
EventLive is an innovative live streaming platform that has built-in Stripe integration, allowing seamless monetization of your broadcasts. To connect the two:
1. Create your EventLive account. Make sure to register as a business to be able to monetize your live streams.
2. Click "Create New Event"
3. Enter an engaging event title and description
4. Choose “Sell Tickets” option for the event that you created
5. Connect your Stripe account
6. Once the account is connected, create a new product in Stripe.
7. Choose the product / price that you created for that specific event.
Your event is now live and ready for ticket sales! Share the event link with your audience via email, social media, and your website to drive registrations.
Step 3: Customize your event page
- You can customize your event page by going to your profile, selecting Update Profile and then Uploading your logo and adding your website link.
- To customize your event page for the specific event, choose Event Details tab to add links, documents, etc.
- You can also add a cover photo or video by going to the Personalize Event Page tab.
- As an option, you can also add a pinned message to the guestbook.
Step 4: Promote and Broadcast Your Live Stream
With your ticketed event published, it's time to get the word out. Some effective promotion strategies include:
- Posting on social media with eye-catching graphics
- Emailing your subscriber list with an early-bird discount code
- Partnering with affiliates to expand your reach
- Running social media ads to targeted audiences
When it's showtime, simply go live from EventLive app and deliver an amazing live stream experience by hitting the Go Live button!
Step 5: Get Paid
After your successful ticketed live stream, payments will automatically flow into your Stripe account. Stripe will deposit funds into your linked bank account on a -day rolling basis - so if you made $500 in ticket sales on Monday, that money will hit your bank account on Wednesday. Easy!
From there, you can repeat this process to make money from live streaming over and over again. As you grow your audience and refine your monetization strategy, your revenue potential is virtually limitless.
Key Takeaways
- To monetize live streams, you need a Stripe account and EventLive app
- You can make money live streaming almost any type of event, from workshops to performances
- Connecting Stripe with EventLive allows you to easily create and sell tickets to your live streams
- Effective event promotion is key to driving registrations and making more money
- Payments are automatically deposited into your bank account on a 2-day rolling schedule
- With practice and iteration, live streaming can become a significant income stream
FAQs
1. How much does it cost to use EventLive and Stripe?
The live stream event is $50 USD and EventLive charges a flat fee of $1.50 USD pert ticket sold. Stripe charges 2.9% + 30¢ per successful card charge.
2. What if someone asks for a refund?
Stripe allows you to issue full or partial refunds directly from your dashboard. Refunded amounts will be deducted from your next payout.
3. Can I offer promo codes for my tickets?
Yes, you can add promo codes to your Stripe account.
4. How do I see my live stream sales and analytics?
Your Stripe dashboard provides real-time sales data and audience insights to help you track your success and improve future sales.
5. What if I need help during my live stream?
EventLive offers live chat support to assist with any issues you may encounter when setting up or broadcasting your events.
6. What's the best way to promote my live streams?
Some of the most effective event promotion tactics include email marketing, social media posts, paid social ads, and affiliate partnerships. Test different strategies to see what works best for your audience.
8. How often should I do paid live streams?
There's no one-size-fits-all approach, but many successful creators run ticketed live streams on a weekly or monthly basis to generate consistent revenue. Experiment with different formats and frequencies to find your sweet spot.
9. What kinds of live streams work best for monetization?
Popular money-making live stream formats include workshops, webinars, classes, performances, interviews, and behind-the-scenes content. Any event that provides unique value to your audience can be monetized.
10. How can I increase my live stream revenue over time?
Boosting your ticketed live stream income ultimately comes down to growing your audience, increasing your perceived value, and optimizing your pricing and promotion strategies. Keep honing your skills, showing up consistently, and delighting your community. With dedication and creativity, you can build a loyal fan base that happily supports your work through live streaming.
Ready to start making money from your live streams? With EventLive and Stripe, you have everything you need to monetize your passion and skills. Whether you're streaming from your smartphone or a professional setup, you can create ticketed events that your audience will love - and get paid well for your efforts.
It's time to take control of your income and build a business around your unique talents. Sign up for EventLive today, connect your Stripe account, and start live streaming your way to success. The world is waiting for what you have to offer - so let's get started and turn your live streams into a reliable revenue stream. Your dream business is just a few clicks away!
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