Are you interested in making money online on Twitch? Well, you have landed on a perfect article. This article will help you to understand various ways of making money on the online game streaming platform. These methods are tested and proven by expert Twitch streamers who are generating over $20,000+ each month through Twitch.
Making money online has never been so easy. However, if you are a gaming enthusiast who is looking for making his/her career in gaming then you should not miss this guide because we are going to tell you about one such platform that will help you to build an audience, Form a community around it and start making money.
How to Make Money on Twitch
Twitch is a live streaming platform specially designed for gamers to live stream themselves playing a game. After its launch, the platform quickly became famous among gamers and streamers and it currently holds a strong user base of over 4 Million active broadcasters and over 100 Million monthly active users. The company has not only created a live streaming platform but it has also enabled millions of streamers to make real cash while streaming their gameplay.
In this article, We will discuss a few such methods that will help you to understand various ways that will help you to make money online on Twitch.
One of the most popular methods to make money on Twitch is through donations. Viewers donate money or twitch bits to their favorite live streamer using the donate button. For enabling the Donation option on your Twitch profile, you must enable the Donate button on Twitch. Once you have the donate option enabled, the button will be shown below every live stream of the creator and you can start accepting the money.
Monetize Twitch channel using ads
Another popular method is to enable ads in your live stream and make money. These ads might sound disturbing as they might delay your live stream but this method will bring you some easy cash. However, Twitch requires you to meet certain requirements before you can enable this feature. Once the monetization option is enabled on your account, You can decide the number of ads you want to show in your live-stream. The default number is set to 3.
The advertising revenue generated through your channel is shared between you and twitch. The platform will release your payment through Paypal once you meet the threshold amount.
Companies use Twitch streamers to get their products in front of people, and the streamers get a kickback in return. This is typically referred to as a partner or affiliate relationship (not to be confused with Twitch’s partner and affiliate programs, more on that later).
One of the most popular and noticeable affiliate programs is the online casino affiliate program. Many streamers try their luck by streaming online slots gameplay while partnering with different casinos and sending users to them to get a commission from their first deposit and a revenue share on all the upcoming deposits. One of the most popular brands that we noticed was the Betway casino which is popular in a lot of countries and became a must to have brand for all the online slots streamers. Although, it’s not the easiest way of monetization.
Once you gain a following and/or develop a relationship with companies looking to market their products, you can get sponsored by a company to promote them during your live streams, wear their merch, and use their products on camera (like online slots for example).
Brands found influencer marketing as one of the best marketing channels as it helps them to engage with your audience directly and it also helps them to generate sales through the targetted audience.
Once you gain enough followers on Twitch, Brands and companies will try contacting you for their brand promotion. Most of these collaborations are niche-based and suitable for your audience. These companies will pay you money for showing their product in a live-stream, Using it, or wearing their merch. These types of payments are generally high and you can charge $$$ for promoting the brands. Moreover, If you have any good Instagram or other social media following then you can try to convert the same sponsor on multiple platforms thus increasing your per promotion price.
Sell your own Stuff
A lot of big creators and influencers generally start their own merchandise store or sell other stuff through an e-commerce website. There are many cheap e-commerce website building tools such as Shopify where you can sign-up and start selling goods under your own brand.
There are many products such as T-shirts, Mugs, Phone cases, Gaming accessories that you can offer on your e-commerce portal. We have written a detailed guide on how you can register your company and start your own online business in just a few days.
How much do Twitch Streamers Make?
There are multiple big Twitch streamers with millions of followers who are known to be making around 6-figure to 7-figure monthly income using their audience. They get paid using multiple marketing channels such as direct advertising, the Twitch Partnership program, the Affiliate, or by selling their own merchandise. If you also have some high-quality audience as your subscribers on Twitch then you might give a try to any of the given methods.
These are the known and popular methods that you can try to make money online on Twitch. However, these are not the only ways and you can experiment with different affiliate stores or other things and see what works best for you and your audience. Let us know if you found this article helpful or have any questions regarding Making money online on Twitch.