Just received a message from a friend, "Hey, can you tell me how to earn from my Quora Space?" I was bewildered because I had not seen my Quora notifications since the last few days and to find out that Quora started an Earnings Program for Quora Spaces was a massive update.
So, a couple of upcoming posts will be devoted to the study I conducted about the program through whatever sources I could find. This is the first post in that list which will introduce you to the program and clarify some FAQs, which have also been shared by Quora with the Space Admins.
Quora Space Earnings Program
As the name suggests, the Quora Space Earnings Program (beta) is an opportunity for the Quora Space Admins to get a share in Quora's revenue. Quora earns its revenue from advertising. Earlier, it had given a share of its revenue to the members of Quora's Partner Program for asking questions on Quora.
Why has it been announced?
Whenever Quora offers such a revenue sharing opportunity, it is in order to make Quora a better place for knowledge sharing. When the Quora Partner Program was announced, it was to improve the quality of questions that were being asked on Quora. So, it gave incentive to the users to do the same.
Quora Spaces have been there for a while, many Quorans even follow them but maybe Quora wants to make them more active than they already are, which is why the key parameter to earn through Quora Spaces is how engaged your audience is.
How to check if you're eligible?
Go to your space's main page. In the menu tab, you will see an 'Earnings Tab' in between Stats and Settings. The presence of this tab is an indication that you're eligible. The prerequisite step is to see if the Space Admin resides in an Eligible Country. Click on 'Get Started' and this window will appear:
As you can see there are 3 steps that are being shown.
The first is to reach a minimum threshold of $10 for becoming eligible to receive the payments of this program.
The second is to wait for the eligibility review, which as per Quora, should take 3 business days.
The third and final step is to connect your bank via Stripe.
According to my understanding, the first step is a base for the other two and Quora will follow steps 2 and 3 only for the spaces that qualify step 1 i.e. earn a minimum revenue of $10. This has also been shared here:
How to become a member?
Quora has invited the Space Admins for its beta program on its own. There is no way specified to ask Quora to consider your space for the program. However, if you are too keen, you may try writing to Quora on this e-mail ID which has been shared with the Quora Space Admins in case they wish to remove their spaces from the program - email@example.com.
Quora has also shared a resource centre for anyone who has questions on the Space Program. You can access the resource centre here. In the next couple of posts, I'll be addressing more questions about the program. You can stay updated by subscribing on the home page.
Stay tuned and let me know if you have any questions in the comments section below.
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