Earning Online: Article 5 BigoLive : A mean of income

Saturday, 13 April 2019

Article 5 BigoLive : A mean of income

Bigo Live is one of the most popular live stream App where broadcasters interact with live streaming. Now being great mean of entertainment, Bigo Live has now a days become most trending and blooming mean of earning money online for broadcasters and all its users. People or users of Bigo Live use this platform to interact with one another and to showcase their talents.

This article is very helpful for you to learn tricks and ways of using this app/ platform for making money through this.

a. Getting registered and/or logged into App

Logging into the BIGO Live will help you find endless stream of broadcasters. First of all, new users need to go through the process of registration which is quiet easy. People get registered with one of 03 ways i.e. Gmail , Facebook Account and individual’s contact/mobile number. It is highly recommended for all users to get all permissions for use of this app.

Once registered, logging into the App will redirect you to the following screen where you will find bunch of faces of online users/ broadcasters.

b. Getting into Broadcaster screen

By clicking on one of live broadcaster you wish to visit, you must see the following broadcast screen.

This is the place where viewer and broadcaster interact with each other and real game begins here. Once broadcaster is live in front of you, you are in position to send text messages and beans/ gifts and a lot of other stuff.

c. Making Money by BIGO Live

Before going in detail of steps involved in making money through this platform, some terms/ concepts need to be understood.

Soft Currency (Coins) and hard currency (Diamonds) are two currencies, which users get while monetizing their profile and other stuff.

It is quiet easy for individuals to earn soft currency (coins) by spending time. Use these coins to get GIFTS, using such gifts it is easy to get noticed in a broadcast.

Longer spending time you have, great coins rewards you will get.

First step is to attract their followers/ audience/ viewers which is quiet important to earn money. For this purpose, broadcasters must have some special qualities or showcase their talents so that followers take interest in their broadcasts. More attractive the broadcast is, more followers/ viewers will be attracted towards broadcasts.

Simultaneously, while broadcasting, people strike you with coins and diamonds/ gifts which get deposited in gifts and coins section of your profile.

After having coins and gifts, there are multiple options available there in the same section, you may either give these gifts and coins to others or same may be converted into money. Money you get on conversion may be transferred to your account number.

d. MONETIZATION

App generates money through gifting and micro transaction. A lot of stuff available with App including incentives and rewards drives monetization. Monetization of this App is driven by purchases of diamonds, its hard currency.

Diamonds enable viewers to buy gifts for broadcasters. Assume a gift worth of 200 diamonds. Broadcaster would receive 200 beans which is 1 for 1 transaction. Diamonds are converted into beans. The 200 beans can be withdrawn into US Dollar.

This is how you can earn money by using BIGO Live. That’s all.