How Clubhouse is planning to monetize in India?

How Clubhouse is planning to monetize in India?

The Clubhouse has recently become one of the most popular social media apps in India. It has created a lot of hype amongst the Indian content creators with a lot of clubhouse rooms being formed in the month of May 2021. The app is available for both Android and iOS in India, even though the audio-chat app is already popular among the users, it has plans to reach more people around the world and expand its community. Let’s look at the future plans of the clubhouse in India.

Clubhouse on Removal of Invite-only feature
Rohan Seth on the Growth of Clubhouse
Clubhouse on its Payment Service launch in India
Further plans of Clubhouse
FAQ

Clubhouse on Removal of Invite-only feature

The company has plans to remove the invite-only feature by the end of this year. There is no information regarding the exact time for removing the invite-only feature as of now. However, if you are a Clubhouse user, you would already know that you can use the app only if your invitation is accepted by your friend or an existing clubhouse user.

On 3 June 2021, the clubhouse had confirmed that it has plans to expand its user base and to remove the invite-only feature by making it open for all. This would mean that anyone would be able to download the app, join the social media application and add rooms depending on their interest.


How Brands can Leverage Clubhouse?
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How Clubhouse is planning to monetize in India?

Rohan Seth on the Growth of Clubhouse

The co-founder of Clubhouse Rohan Seth had conveyed that they were still new to the space and that they are trying their best to grow slowly. He added that the main aim of the audio-chat app is to add in more users and to remove the invite only feature.

He conveyed that the company will have to align and invest into the infrastructure before removing the invite-only feature. However, he conveyed that the goal of the company is to provide the app support to everyone. He has also mentioned that the invite only feature of the Clubhouse had helped the app to build a loyal and strong community in a short span.

Clubhouse on its Payment Service launch in India

The audio-chat platform had also conveyed that they were soon planning to release a payments service in India. As of now, the clubhouse payment service is available only in the United States. The executive of the company had conveyed that before releasing its payment service on a global level, the company wants to ensure that the experience would be smooth.

How Clubhouse is planning to monetize in India?
Clubhouse Payment Service

He added that the company has plans to release the payments service only to a few countries outside the United States which includes India. The main reason for it is because the app has become very popular in the country.

The introduction of the payment service into the clubhouse for India would help the content creators to monetize their content and the information.


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How Clubhouse is planning to monetize in India?

Further plans of Clubhouse

The CEO of the company Rohan Seth had also conveyed that the app is planning to launch new features bringing in better discoveries and recommendations for the users. He said that the app is planning to work on recommending more rooms for the users and adding features that will help them connect better.

He added that the company is also working on the discovery features of the clubhouse which will offer a smooth experience for the community. The app is planning to work on localization features and to bring in more support to various languages which will help to connect with more people around the globe.

Some of the features which the company plans to bring to users include ticketing, subscriptions and tipping. These features will make it much more easier for the content creators to monetize their content on the clubhouse platform.

Conclusion

In the initial stages clubhouse was available only on the iOS platform and later on, was released for the Android users as well which created a lot of hype among the users and the company saw an overwhelming response.  The app has recorded around 2 million users on Android.

FAQ

What is the valuation of Clubhouse?

Clubhouse has reached a valuation of $4 billion as of 2021.

Who is the Founder of Clubhouse?

Clubhouse was founded by Rohan Seth and Paul Davison in 2020.

Who is the CEO of Clubhouse?

Paul Davison is the CEO and Founder of popular social media platform Clubhouse.


Author: Alan Joseph

Source : https://startuptalky.com/clubhouse-business-model-india/


Date : 2021-06-07T08:55:16.000Z

1 Comments

  1. I adore that, and I appreciate you sharing such things with us. The clubhouse Social Media App is an audio-only app in which friends and strangers engage in a variety of conversations. Users use the app's "hallway" and enter virtual "rooms" to listen in as moderators and visitors converse. Thank you so much for this information.

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