The Price of Advice
Video chats power a new knowledge business for experts and celebs
Tech / 13 Feb 2013
Many young people, despite having ambitious aspirations, have been victimized by the unstable job market and are searching for empowerment through knowledge about how to break into their desired fields of interest. Seizing on this notion, online video chat platforms are selling one-on-one time with noted professionals and personages, providing rare opportunities to pick expert brains on any number of subjects.
: Dr. Drew Pinksy, known for his popular radio program Loveline, has created a new company called Greenroom that lets fans purchase video chat time with specialists from fields ranging from art and comedy to weddings and health. Those with advice to dispense can list video chats at either specified flat rates or through an auction format. While Greenroom takes a 25% cut, sellers can keep their share or donate it all or some to a charity. All chats are private, except for an operator, and buyers later receive recordings of their conversations that can be shared across their social networks.
: Startup Huddlewoo has created a platform that enables entrepreneurs, authors, celebrities and other experts to monetize their professional knowledge by selling online video chats. Using the video platform Tokbox, participants set their rates at a minimum of $10 per session (Huddlewoo collects a 10% share). For people wanting to chat with a Huddlewoo expert, they simply request a “huddle,” enter details on what they want to discuss, and give three available time slots for the account owner to choose from. Chats can remain private, but users who want to invite friends to watch and learn can make them public.
: Miami-based video chat platform LiveNinja lets advice seekers have face-to-face online consultations with authorities on such diverse topics as fashion, décor, medicine, law, and cooking. To join, “ninjas” list their skills, establish a rate, and notify users of their weekly availability. LiveNinja retains 20% of the earnings, but in exchange offers a well-designed, customizable video chat room that can be leveraged to build personal brands. The company aims to build a community in which experts themselves become clients. To wit, once the experts have earned revenue, they can choose to cash out or use the credit towards time with fellow ninjas.
©The Intelligence Group