More Podcast Money

If you’re tired of podcasting for free, this book will help you solve that situation. This book provides 13 different strategies that have been used by podcasters to generate revenue. You like podcasting, but its time you get some return for the investment of time you are putting into it. Dave Jackson started podcasting in 2005 and has helped hundreds of people launch podcasts at the School of Podcasting. He’s also seen a lot of podcasters do it the wrong way and can help you avoid those mistakes. You will read about podcasters who makes thousands of dollars in donations, who sell their back catalog, get their own radio and television shows, who are boosting sales in their businesses, and many more. Quit waiting for a sponsor to come knocking on your door, you can start making money with your podcast today.
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Receive Donations Via Twitter Using Chirpify

I just learned about a new service that ties your twitter account to your email account. Then (assuming the recipient is using Chirpify) all the audience has to do is tweet

“Donate $amount to @username for reason

They get a notification that the message was sent and an email message of the receipt.

You can even sell digital products. Once the tweet/payment is sent, the download link is provided.

The audience can buy something by simply replying to a tweet with the word “buy.”

With Chirpify you can sell both physical and digital items. Set shipping rates and receive shipping info when someone purchases your physical item. Upload and sell digital content, we'll send a secure download link to the buyer when they purchase.

How Much Does Chirpify Cost?

It's free for the person purchasing the items. For the person selling the item, it's 4% (keep in mind that paypal will take their fees as well). With this in mind if someone donates $1 the breakdown will be.

Chirpify .04
Paypal .33

Net income: .63

If someone donates $5 the breakdown would be:

Chirpify: .2
Paypal: .45

Net Income $4.35

Automated Tweeting of Reminders

You can have Chirpify send out reminders to your followers. I see this as a good tool, but could become very obnoxious if your twitter stream becomes nothing more than “send me money..”

Summary

Again, I like any system that makes it easier to receive money. This requires the audience signing up for Chirpify, but it does make it easy to send money via your phone. There are other systems that allow you to send money via text message, and now via twitter. The question is will your audience jump through this hoop to setup a chirpify account to send you a payment.

It's going to be a chicken or the egg situation. After all, for people to sign up there needs to be a lot of people saying “Just use Chirpify.” For people to jump on the Chirpify bandwagon, there needs to be examples of people who are benefiting from it. There are a few examples now (a musician earned, $19,000 in a month selling t-shirts). Its going to come down to the amount of influence you have with your audience. If you can move them to sign up, then these could be a fun way to earn some income, sell some products, and more.

For more information go to www.chirpify.com

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This Post Has 2 Comments

  1. Rory Felton says:

    Paypal has micropayment processing rates that are lower for under $12 transactions. Paypal fees are 5% + $0.05 so your net would be even higher.

  2. Again, I like any system that makes it easier to receive money. This requires the audience signing up for Chirpify, but it does make it easy to send money via your phone. There are other systems that allow you to send money via text message, and now via twitter. The question is will your audience jump through this hoop to setup a chirpify account to send you a payment.

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