Twitch started out as a small online space where people could broadcast playing video games and broadcasting live for people to watch. However, the platform has now skyrocketed in popularity and has become the hub for watching some of the biggest Esports competitors and gamers from around the world.
Some of the biggest live streamers of Twitch have managed to create a successful career out of live streaming on the platform.
The platform allows you to interact personally and in real-time with your viewers which enhances their experience. This is one of the biggest reasons why so many people tune in to watch their favorite streamers on this platform.
This post includes some of the easiest ways that you could start making money on Twitch.
A common way that people have been making money through Twitch is by receiving donations from their viewers. You can even receive donations via PayPal which makes it easy for many streamers to start building an income.
When viewers are willing to send donations, it’s a clear sign that you’re on the way to establishing a core base of fans who want to send in tips to ensure that the live streams can continue.
Ensuring that you regularly interact with your viewers and keep up the engagement is crucial for receiving donations. The more you engage with your viewers, the more likely they are to be active during your streams and donate.
Live streamers who have created a solid fan base can start looking into sponsorships as a source of revenue. Streamers who have established a good number of fans will likely be approached with different companies who want to push their products or services to as many people as possible.
For gamers, it may be worth reaching out to developers of upcoming games to play their games live in front of other avid gamers. This can help them improve the game while enabling you to give your viewers a unique insight into new games and putting money in your pocket.
It’s also best to stick with sponsors that are selling a service or product that relates to your audience. Therefore, Twitch streamers who showcase their gameplay to viewers would want to stick with sponsors that are related to gaming. Otherwise, your audience will be more likely to become uninterested.
Being sponsored with a company often provides you with an opportunity to have a unique affiliate code or link. You can give this code/link to your viewers and receive a percentage of the profits.
Selling merch can be a fantastic way to make money on Twitch, as long as you’ve got enough people following you. It’s best to wait until you’ve built up a fan base with plenty of people who are loyal supporters before you start selling merch.
This is because it can require a lot of investment and not having a solid fan base will leave you worrying about making the money back, let alone any profit.
Once you feel confident that you’ve got a large enough following, selling merch can be an incredibly easy way to make more money. If you’re feeling unsure about how many viewers would buy your merch, you could simply ask them and make a decision based on the response.
There’s a wide variety of merchandise that you could sell to your viewers that range from T-shirts and mugs, to gaming accessories, such as customized controllers.
Partnering With Twitch
Partnering with Twitch is a dream for live streamers who are just starting on the platform. There’s a range of criteria that you must meet to be eligible to become a Twitch partner which includes having a certain amount of streaming time and having enough supporters.
Having the mindset of becoming a Twitch partner from the start is great for ensuring that you always stay focused on the end goal as it can be an easy way to make money once you’re there.
Twitch bits can be a great revenue stream for Twitch streamers who have a solid fan base. The more followers you have means you’re able to make more from Twitch bits.
This is because Twitch bits enable viewers to interact in the live chat in a way where you’re able to notice them more. For each bit that gets used in a live chat, you receive one cent. Therefore, Twitch streamers with lots of engagement, and followers can easily be making money while live streaming.
Implementing ads into your Twitch streams can be an easy way to make money while live streaming. However, to qualify for having ads on your live streams, you’ll need to be followed by a minimum of 50 people.
Running ads on your live streams is super simple but it most likely won’t become your main source of income. You can use ads as a way of boosting the overall revenue that you’re taking in from live streaming on Twitch.
Now that you’ve had the opportunity to learn more about some of the ways you can start making money as a Twitch streamer, you can feel more assured about setting goals to increase your revenue.
It should also be noted that the content you’re live streaming needs to be the kind of thing that people are interested in watching. If you haven’t built up a following of people, the ways of making money listed above won’t come as easily.
Hopefully, the details have provided you with more of an insight into some of the ways that Twitch live streamers are currently making money.