As a live-streaming platform for video game tournaments, Twitch has become a popular destination for gamers around the world. Music broadcasts, creative content, and “in real time” feeds are also available. Twitch Interactive, a division of Amazon, runs the service.
How do Streamers Earn Money on Twitch?
Twitch streamers commonly make money through crowdfunding subscriptions, Twitch Bits, and donations. They also generate revenue through advertisements, sponsorship opportunities, selling their products, affiliate marketing, YouTube videos, and offering live streaming related services to other broadcasters.
Once they start hitting their regular $ 100 Twitch payout threshold, they’ll get paid once a month.
In a StreamScheme survey, 53% of Twitch affiliates with smaller followers said they generated the majority of their revenue through subscriptions. The remaining 47% was split between bits and donations.
Most common ways streamers Earn money on Twitch
1. Streamers Earn Money on Twitch From Subscriptions
Twitch allows its influencers to provide exclusive benefits (bonus videos, emojis, etc.) to viewers who subscribe to its channel. Subscriptions start at $ 4.99 (Twitch has two additional tiers at $ 9.99 and $ 24.99).
Twitch broadcasters receive 50% of each subscription fee. After becoming a well-known Twitch partner, you may be able to trade a higher percentage than what you can earn with subscriptions alone.
Secondary incentives for Twitch users:
There are several ways to incentivize viewers to subscribe to your channel. Common incentives include custom Twitch emoticons and badges for subscription holders and ad-free viewing
You can also create exclusive benefits for those who have financially supported your channel. While you should treat all of your viewers with respect and gratitude, people will understand if you give your subscribers preferential treatment. Here are some ideas:
Twitch allows you to stream to subscribers only. Set the times when you only produce secondary content. Make it unique for the rest of your work. Don’t overdo it, you could alienate the rest of your community.
Allow subscribers to interact with you during your broadcast. Let them join you in your game or let them request songs from your playlist. Create an onsite haiku for them or create designated channels on your Discord for them. There are many ways to interact with your community. Get creative and think of something special.
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Always thank those who sign up. Show genuine gratitude. This will not only encourage your viewers to continue subscribing, but it can also inspire others to subscribe.
2. Earn Money with Twitch Bits
Bits are an alternative way for followers to tip on Twitch. Viewers buy them directly from the platform without having to leave the site and deliver them to a streamer of their choice.
Each bit counts for a single USD cent. As a bonus, users receive special Twitch badges when they deliver their pieces. Twitch users can donate bits to any streamer who is part of the affiliate program.
A Must Read: how get free bits on Twitch in 2021
As an incentive to sign up or donate, streamers can set up their own broadcast alerts that will show the viewer’s name and action. Twitch alerts can add a lot of character to your broadcast and show your viewers that you will do what you can for them.
You can create incentives for the bits by setting conditions for them. For example, when you play certain games, you can tell your viewers that if they donate a specific amount, you will drop all your weapons, armor or anything else that will make the game more interesting.
3. Earn money on Twitch With Donations or Tips.
Viewers can donate to Twitch streamers via a donation (or suggestion) option on their channels through a third-party app like Streamlabs. To make it easier for people to donate to your channel, create a chatbot command that will give them the link or set up a Twitch dashboard in your About Me section.
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Some creators use this feature to “sell” in-stream services. For example, musician trinityflynn will teach a song live on his channel for $ 10.
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4. Streamers Also Earn Money on Twitch Through Ads:
While Twitch creators can make money from ad revenue, the general consensus is that it really isn’t worth it.
Ad revenue is generally paid per view (usually between $ 1 and $ 10 per thousand visits, depending on the time of year), but with high use of ad blockers, streamers cannot rely on viewer count as one accurate measurement for payment.
That being said, running occasional ads can bring in extra income for hard-working streamers, as long as it doesn’t interfere with their game.
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Twitch streamers must access the Twitch Partner Program before they can earn money from ads. At that point, they can control how often the ads appear on their channels. It’s best to run your ads in moderation, as running ads too often can drive viewers away from your channel.
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Many streamers post an ad at the beginning of their show, when they need to take a short break, or at the end of the broadcast, although others choose not to post at all.
Twitch streamers typically need to complete the following to reach the partner program:
They should have a regularly scheduled schedule that runs at least three times a week.
They must have an average of at least 500 simultaneous viewers each time they broadcast.
Your content must comply with the ToS and DCMA guidelines:
While there are exceptions that are made on a case-by-case basis, the platform generally looks for these attributes before awarding the Twitch Partner title. There have also been instances where the streamer broke these rules and was denied association.
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Upload content to YouTube
Uploading game builds, streaming parts, or new content to a classic YouTube channel will offer you another way to monetize your work. YouTube videos are easy to find and have the potential to go viral.
Doing so, will get you a decent amount of views (from which you can raise ad revenue). Viral videos can also funnel people to your streaming channel to see your future content.
While you may be able to stream for hours, it’s best to upload shorter YouTube videos that are 5-15 minutes long. Try to charge at least one a week.
If you post less often, YouTube won’t recommend your videos. Make them unique, fun, and educational to give yourself the best chance of being seen by potential followers.
Final Words
As you’ve seen, there are different ways to earn money on Twitch through live game streaming. The best ways to make money with Twitch are from their partner program, affiliate marketing and sponsorships. You just need to meet the requirements and of course to stick to the website guidelines.
