Ways To Earn Money On Twitch :Ultimate Guide For Streamers.

ways to earn Money on Twitch :Ultimate Guide for Streamers.

Earn Money On Twitch ,Let’s start with the basics: what is Twitch? If you haven’t heard of the site, not to worry. It’s still pretty niche. You can be into video games and not frequent Twitch.

In short, Twitch is a platform that lets gamers stream video of themselves playing games, and lets visitors to the site watch those videos. The potential to earn money is on the side of the broadcaster of the video, not the viewer.

Video game publishers and video game media outlets also have their own Twitch channels. The platform hosts live streaming from video game-related events and competitions, too. Twitch has its own annual convention, aptly named TwitchCon. Let’s focus on the individual user/broadcaster ,Earn Money On Twitch.

How to Set Up on Twitch

Earn Money On Twitch ,Users create a channel that streams live game play videos, coming to the site from computers or consoles. When you watch a given video you can see the game play, plus a webcam video of the person playing the game. The player will generally provide audio commentary.

Sometimes, it’s serious commentary to help other players through a game. Other times, the commentary is funny – think: reaction shots and intentionally bumbling game play ,Earn Money On Twitch.

So, the three components of a Twitch channel are the game play itself, the webcam video of the player and the audio commentary. That means broadcasters need a computer or console and other gaming equipment, plus a camera and a microphone headset for broadcasting purposes. ,Earn Money On Twitch.

Earn Money On Twitch ,Twitch channel streams are 24-hour streams. Of course, you don’t have to be playing video games 24 hours a day, but your channel will be out there. You can upload pre-recorded videos, but in general the purpose of Twitch is to provide the site’s roughly 100 million users with access to live streams of game play. For broadcasters, Twitch can be a side hustle, a complement to a career in e-Sports (competitive gaming), a hobby or a full-time job.

Earn Money On Twitch ,Signing up for a Twitch channel just takes a few minutes. You can create your own login information or use your Facebook account. The process for broadcasting will depend on how you’re playing games (computer vs. gaming console) and on the specific equipment you’re using. As you might expect from a gaming community, Twitch users offer plenty of online support in chats and forums that can be a great resource for anyone who’s just getting started.

Making Money on Twitch: Gaining Followers

Earn Money On Twitch ,OK, so you’ve set up a Twitch channel and you’re ready to start broadcasting your game play. First off, it’s a good idea to decide on a tone that can help create your personal brand on Twitch.

To help you establish that tone, consider a few guiding questions: Do you want your channel to be funny or serious? Are you about helping other gamers, competing with other gamers or making viewers laugh? What kind of audience do you want to attract? Will you be the best gamer or the funniest gamer?

The videos themselves aren’t the only way you can reach viewers. Twitch also has a chat feature. Viewers might hit up your chat room to ask you questions about game play, or to get to know you better. Responding to viewers in friendly, helpful ways can help you retain and grow your following ,Earn Money On Twitch.

Another important factor in your success on Twitch is the games you choose to broadcast yourself playing. Not surprisingly, there’s a lot more competition with major games that lots of broadcasters are playing. If you want to be the go-to broadcaster for major releases, more power to you. But you’ll probably have an easier time standing out if you broadcast games that fewer people are playing ,Earn Money On Twitch.

Monetizing Your Twitch Account

How do Twitch and the stars of its roughly 1.5 million streaming channels make money? For Twitch, advertising dollars come in part from featuring particular games on its sites. The makers of those games pay Twitch for the exposure the site gives them.

Earn Money On Twitch ,If you’re a user, you’ll share any ad revenue your channel makes with Twitch. In your Broadcast Dashboard you can change the settings on your channel to reflect how many ads you want to play per hour during your video stream (usually three ads).

The advertising revenue generated by visitors to your channel viewing and clicking on ads will be shared between you and Twitch and paid out by Twitch to your PayPal account. If you want to add links that viewers can follow to purchase particular games you can make money on those clicks, too. Twitch is owned by Amazon, so those links will be to an Amazon game purchase ,Earn Money On Twitch.

If visitors to your channel are using ad-blockers, aren’t watching the ads that play and aren’t clicking on any referral links you’ll have a much harder time making money on Twitch.

In addition to advertising revenue, there are other ways you can make money on Twitch. Once you have an established brand and a sizable following, brands may start coming to you with sponsorship offers. They may offer you free games or equipment, and if you’re lucky they may even offer payment. Once you reach a high level of Twitch success you may want to hire an agent to help you negotiate these deals ,Earn Money On Twitch.

Earn Money On Twitch ,once your following grows you can also sell merchandise, independently or through the Twitch Partnership Program (more on that below). As mentioned, you can also get brand deals from video game publishers/developers who will pay you to play, promote and discuss their games. (It’s a good idea to disclose those deals when they happen so that your viewers retain their trust in your channel and to cover your legal bases).

You can also make money on Twitch by getting donations from your fans and subscribers. You’ll have to enable this feature on your channel, and generally broadcasters use PayPal to process viewer donations.

The Twitch Partner Program

Earn Money On Twitch ,OK, so we’ve covered the basics of Twitch. With a sizable following you can apply for the Twitch Partner Program. That lets viewers subscribe to your channel, earning you money in the process. Again, you’ll share revenue with Twitch, but when you have subscribers you make money each month, whether or not those subscribers view videos and ads. As a partner, you also have access to help with starting a merchandise campaign, plus more control over video quality.

In exchange for paying $5 per month and subscribing to your channel, viewers get access to special perks like subscriber-only chats and unrestricted access to your broadcast’s archives. They even get special emoticons they can use on your channel.

Earn Money On Twitch ,of the site’s over 1.7 million active broadcasters, around 12,000 are Partners. Those are pretty tough odds, but Twitch gives guidance to potential applicants. The site says it’s looking or broadcasters who “engage their chat, develop strong communities, and find creative ways to stand out from the crowd ,Earn Money On Twitch.

According to the Twitch partnership application page, the basic requirements for partnership are:

  • Average concurrent viewership of 500+
  • Regular broadcast schedule of at least 3 times a week
  • Content that conforms to Twitch’s Terms of Service and DMCA Guidelines. (DMCA stands for the Digital Millennium Copyright Act; Twitch is careful to keep its broadcasters on the right side of the law)

Moving from YouTube to Twitch

Earn Money On Twitch ,the whole live streaming of video game playing thing got off to a strong start on YouTube. But many gamers have migrated from YouTube to Twitch. If you already have high viewership on YouTube, you don’t have to start from scratch when you join Twitch. You can apply for the partnership program fresh from YouTube, without a streaming history on Twitch. You can apply as long as you have the following:

  • 15,000+ average views per video
  •  100,000+ subscribers
  • Content that conforms to Twitch’s Terms of Service and DMCA Guidelines

Bottom Line

If playing video games is something you love doing in your spare time, it’s possible you could leverage that hobby into some side income. Of course, a lucky few gamers make money exclusively from their game play and become international sensations ,Earn Money On Twitch.

Next  Steps

  • When you’re starting out, it’s probably best not to quit your day job or cash out your 401(k) to devote yourself to Twitch. You can, however, start uploading videos, building your following and monetizing your Twitch gameplay.
  • Remember to account for your gaming earnings at tax time. You may need to hire an accountant who has experience with reporting unconventional income sources.
  • If you start to make significant money (or even if you just want to get a handle on your finances in general) it may be a good idea to speak with a financial advisor. They can help you plan out your finances and meet your financial goals. A matching tool like SmartAsset’s can help you find a person to work with to meet your needs. First you answer a series of questions about your situation and your goals. Then the program narrows down thousands of advisors to three fiduciaries who meet your needs. You can then read their profiles to learn more about them, interview them on the phone or in person and choose who to work with in the future. This allows you to find a good fit while doing much of the hard work for your Platforms
  • The most significant change in social media usage over the last couple of years has been an immense increase in the number of videos shared and consumed. While the bulk of that has involved people sharing videos on platforms such as YouTube and Facebook, there has also been a considerable upsurge in live streaming.

One niche that attracts relatively tech-savvy supporters is gaming. So it should be of little surprise that gamers have taken to live streaming more quickly than most other genres. Twitch is the streaming platform of choice for gamers ,Earn Money On Twitch.

It doesn’t take long for influencers to sprout up on a platform, and as we have seen in Top 20 Twitch Influencers (Streamers) Every Gamer Should Follow, these include many of the same gamers who release the top “gaming highlight” videos on YouTube. Many of these gaming influencers earn their incomes from a mix of their Twitch Streaming, their YouTube videos, and in some cases, professional game playing ,Earn Money On Twitch.

These gaming broadcasters have discovered how to make money on Twitch. It can be a lucrative platform for influential and entertaining gamers. There is also a small percentage of successful Twitch broadcasters who have managed to build a following in non-gaming niches ,Earn Money On Twitch.

Some well-known gamers have clearly found the formula to make good money on Twitch. Shroud, for instance, takes in more than $100,000 a month from subscribers alone. And this is just from one source of income. Once you add in sponsorship and other money-making techniques, the top Twitch influencers are generating impressive earnings.



Income Sources Available to Everybody

Earn Money On Twitch ,obviously, few everyday Twitch users will have a large enough support base to make money on Twitch. Most don’t have any intention of doing so. They merely spend time on the platform watching their favorite broadcasters and influencers playing and commentating on their play.

Earn Money On Twitch ,If you have a realistic aim to make money, you need to begin by meeting the criteria to become a Twitch Affiliate. If you are more serious about building up a Twitch-based income, you should then work on reaching the level of support where Twitch will offer you an opportunity to become a Partner.

Everyday users need to work on improving their streaming skills and building up a following before they should consider making money on Twitch ,Earn Money On Twitch.

The following ways to make money on Twitch are theoretically open to any Twitch user. These are mainly “off platform” methods of making money, not officially connected to the Twitch platform itself. In reality, of course, most will viable for popular Twitch streamers with a devoted following. Related Content:

  • 12 Leading Twitch Influencer Marketing Agencies You Should Get To Know
  • 21 Top Free Twitch Overlay Templates for 2021 – [UPDATED]
  • 16 of the Best Free and Premium Twitch Overlay Templates

Earn Money On Twitch ,a common way people earn money online is to join various affiliate programs. This is different from the Twitch Affiliate Program.

Affiliate marketing involves marketing other people’s’ products online, using a customized link to a site where potential customers can buy the product. If they follow your link and make a purchase, you receive a percentage of the money they spend.

Many Twitch streamers sign up to some affiliate network that sells products that interest gamers. If somebody follows an affiliate link from a streamer’s Twitch page and buys something, then the broadcaster will receive a percentage of the money the person spends on that company’s website ,Earn Money On Twitch ,Earn Money On Twitch.

Amazon has the best-known affiliate program in the world. Amazon owns Twitch, so it makes it particularly easy for Twitch streamers to work as an Amazon affiliate. Amazon calls the affiliate program, Gear on Amazon.  Streamers can showcase Amazon products in a widget on their page. Any fans who click on the widget are redirected to the relevant Amazon sales page for the product. The broadcaster receives a percentage of any sales revenue earned during the visit.

Of course, you don’t want to lose credibility with your audience. This means that it makes sense that you limit your affiliate advertising to products you use and recommend yourself. Likewise, don’t offer links to competing products. Decide which competing product you like and link to that one. You shouldn’t, for instance, hedge your bets by providing affiliate links to both Coca-Cola and Pepsi.


Selling Customized Merchandise

This is another income source that is not directly related to Twitch itself. Hence it is available to any Twitch broadcaster.

Of course, if you don’t have a large following, you are unlikely to have many people wanting to spend money on buying a mug or tee-shirt featuring the face of a “nobody” they have never heard of. But once you have made a name for yourself on Twitch, your fans will be prepared to pay for your customized merchandise.

The easiest way to do this is to set up an online store and then place a link to it on your Twitch page. You can then promote it in your feed and direct your fans to your online store. Many short-run manufacturers are happy to create customized “fanboy” merchandise you could sell.


Donations

You can ask your followers for donations to help you spend more time entertaining them on Twitch.

Although Twitch has a type of mini donations called Bits, you have to be an Affiliate or Partner to have access to these. We look at Bits in more detail below.

You could make a direct request for donations on your page. To do this, you will first need to set up a link using PayPal, Stripe or some other online payment processing system. You would then make donation requests in your stream, giving the Paypal or other payment details. You could set up a donations goal and show your progress towards the goal. This acts as an incentive for your fans to help you.

We have previously discussed how you can use Twitch Alerts to provide a graphical stimulus to encourage people to make donations to you.

It may be simpler to collect donations through a third party website, such as Patreon. You would need to go to the Patreon website first and create a profile. You would then link to your Patreon profile from Twitch, along with your social media accounts.

One word of warning, however. There have been quite a few cases where scammers have made fake donations. They make their donation, but later file a chargeback, leading to the streamer losing the donation. So before you celebrate that “larger-than-life” donation make sure that you see the cash first.


Sponsorship

Twitch is the live streaming site of choice for gamers and enjoys many keen, enthusiastic viewers in the genre. They tend to stay on-site for much longer than other social platforms, and often follow their preferred streamers with a passion. This makes it an ideal online venue for brands to target gamers.

If a brand feels they have a natural affinity with a particular streamer’s audience, then it makes sense for them to sponsor the streamer on Twitch and engage in influencer marketing.

Any company that sells a product to “gamer-type people” can benefit from Twitch sponsorship. As well as the gaming companies themselves, this includes companies selling computers, gaming consoles, phones, accessories, website hosting, food, drinks, takeaways, fashion, music and more niches.

As sponsorship deals are made outside of Twitch, it does not matter whether a streamer is a Partner or Affiliate. Of course, like all influencer marketing, brands will typically choose to work with broadcasters who influence their followers’ decision making. So it would be atypical for a small broadcaster on Twitch, who has not yet reached Affiliate status, to receive sponsorship.


Tournament Winnings

If you are a good player, one way you can earn money while streaming on Twitch is by entering a tournament and winning (either by yourself or in a  team, depending on the game).

Smaller players may be able to join tournaments on ESL or with GameBattles by MLG and earn some money – broadcasting your battles for your Twitch fans as you play, of course.


Income Sources Available to Twitch Affiliates and Partners Only

If you wish to join the Twitch Affiliate Program, you need to meet the following criteria:

  • Stream for at least eight hours in the last 30 days
  • Steam on at least seven days in the last 30 days
  • Receive an average of three viewers per stream
  • Grow your audience to 50 followers

If you meet these criteria, Twitch automatically invites you to become an Affiliate.

Twitch offers you a few additional earning opportunities as an affiliate. These are still available should you manage to make the jump from Affiliate to Partner.


Twitch Bits

Twitch Bits are effectively mini-donations from viewers. They pay for them using either Amazon Payments or PayPal. Bits are a type of virtual currency that gamers can “spend” on their favorite gamers’ sites. Twitch pays their Affiliates and Partners one cent for every Bit fans use on their channels.

A viewer can Cheer with his Bits. When a viewer Cheers, he uses his Bits to pay for the right to participate in a chat on a particular gamer’s chat channel. He can also use Bits to buy emotes he can use in the chat – with the bigger, more animated emotes costing more Bits. A viewer earns a Cheer Chat Badge in any gamer’s chat channel in which he participates. The more a viewer chats in a channel, the more Bits he spends, and over time he can earn a better Cheer Chat Badge.

You can set the minimum number of Bits needed to send a Cheer message in your channel, so people don’t spam your chat with multiple uses of single Bits.  Likewise, you can set the smallest emote somebody can use in your channel.

You can also add a StreamLabs Tip Jar widget to your stream. This shows an image of an empty glass filling up as people use Bits on your channel. This helps encourage your followers to use more Bits to “fill up” your glass.


Twitch Subscriptions

Twitch Subscriptions provide a recurring income to streamers. You can encourage your followers to subscribe to your channel for either $US4.99, $9.99 or $24.99 per month. The money collected is split 50/50 between Twitch and the streamer (although a few top streamers have been able to negotiate a higher percentage).

As soon as you sign up as an Affiliate or Partner, a Subscribe button will automatically appear on your page.

Streamers can set up alerts to encourage gamers to subscribe. These are signs that pop up on the screens saying that somebody has bought (or renewed their subscription) to your channel. These are particularly popular with Twitch users who love to see their name on their favorite gamer’s page.


Income Sources Available to Twitch Partners Only

Twitch targets its Partner program at the platform’s best streamers –genuine influencers on Twitch.

Unlike the Affiliate program, the Twitch Partnership program is exclusive – invitation only. You can start the process by requesting they consider you, however.

There are no published criteria on how Twitch select partners. They do admit, however, that the following factors affect their evaluation:

  • Content – Twitch expects their partners to produce the best possible content for their audience.
  • Average concurrent viewership – channels with high viewing levels are more likely to be offered an opportunity as a Twitch Partner. However, Twitch takes notice of your behavior and interaction with your community, both on Twitch, and other social platforms.
  • Stream frequency and schedule – Twitch expects their partners to broadcast at least three times per week at scheduled times.

There are a few additional ways that Partners can make money on Twitch on top of all of the other sources.


Selling Games, In-Game Items, and T-Shirts

Twitch Partners can sell games and in-game items from their page. They can receive a 5% share of the revenue.

If a Partner plays a game which Twitch either sells or has in-game items to sell, a sales box automatically appears on their page below the video screen. If one of your viewers clicks on the box and makes a purchase, you will receive 5% of the revenue. This is automatic and requires no input from the Partner.

Although the sales box appears on the pages of all streamers who play relevant games, only Partners receive a portion of the proceeds.

Partners can also sell t-shirts in the official Twitch t-shirt store.


Video Ads

Twitch Partners can opt to run ads on their steam. They can select how often they want ads to run, as long as they leave at least eight minutes between commercials, as well as ad length, (from 30 seconds to 3 minutes). Partners share advertising revenue with Twitch. The more money Twitch receives from advertisers, the more they pay you.

Twitch pays you a flat-rate CPM (cost per 1000 views). The CPM changes depending on the time of year. Gaming companies happily pay more for ads at certain times, for instance during holiday seasons or when a product launch. A typical payment is $1 to $2 per thousand views.

You can choose from pre-roll, mid-roll, or post-roll ads. You should probably experiment to see which types of ads resound best with your audience.

Many Twitch broadcasters prefer to bypass using video ads. They realize how much their fans dislike ads, and they can make sufficient money from the other less intrusive income sources on Twitch.

“Frequently Asked Questions”

How many viewers do you need to make money on twitch?

Just like blogging or social media marketing, making twitch is all about building an active, engaged audience. In order to start making consistent income on the Twitch, you need to hit around 500 concurrent viewers. 

How do twitch pay you?

The advertising revenue generated by visitors to your channel viewing and clicking on ads will be shared between you and Twitch and paid out by Twitch to your PayPal account.

How do you get big on twitch?

On gamer streams there has definitely been a standard proven format but on the Creative side it’s still pretty open, so I think everyone including the viewers are still trying to figure out what to expect.

Is twitch good for making money?

It can be a lucrative platform for influential and entertaining gamers

Got a question? We’re here to answer you! if you don’t find your answer here, drop us a line on our Social Pages.

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