Now that Twitch streamers can earn millions of dollars playing video games, it’s time you took your interest in Twitch streaming seriously. Even if you do it for fun, there has never been a better time to be a streamer.
More than 10 million people watch streamers on Twitch, and nearly five million YouTube viewers watch video game content every day. If you have an audience on your channel, no matter how small, you can monetize it in the following ways.
If you’re new to Twitch, you’ll be surprised at the generosity of community members. People are always encouraging their favorite streamers to keep their channels alive, even if this means donating to them. People can give as little as $1 to your channel, which ensures everyone can support their favorite channels.
Of course, you don’t want to ask for donations immediately you start a channel or a YouTube page. Take time to showcase viewers what you can offer for a while. This will encourage loyalty to your channel. After you get 50 or more followers, you can inform them that you accept donations.
Become a Twitch Partner
Becoming a Twitch partner exposes you to the best monetization tricks on Twitch. First, you’re allowed to place ads on your channel. People can then subscribe to your platform and donate through Twitch Bits more conveniently.
You become a partner once you gain 50 followers. It’s surprisingly challenging to attract 50 fans on the streaming network, which is why only a small fraction of streamers are a part of the program. But once you figure out how to qualify for Twitch Partner’s program, you can quickly become a star on the website.
Let’s face it. Twitch is full of streamers who do almost nothing and yet have thousands of followers. Some people don’t even stream gaming content. They set up their channels and stream whatever crazy things they like to do in their free time.
By comparison, check out what Canada-based Shroud (real name Michael Grzesiek) does. He dedicates 50 hours to gaming every week, switching from PUBG to H1Z1, The Culling or one of Tom Clancy’s games.
In return, Shroud attracts 25,000 viewers per stream, resulting in thousands of dollars earned every week. The Canadian also gets paid by brands through sponsorships and ads on his YouTube channel. Click here to learn how to claim free bonuses and play at Canada’s best online casinos.
Join the Twitch Affiliate Program
Affiliate marketing helps you earn commissions by promoting products from different companies. It’s not limited to Twitch.tv alone. Bloggers, YouTubers, and social media users make thousands of dollars annually by helping sell products they don’t own.
On Twitch, you qualify to be an affiliate after you gain 50 followers. 50 is a magical number on the streaming network, admittedly. Twitch pays you to sell video gaming products. Technically, you get paid by independent companies, but Twitch also earns a commission from your efforts.
There are dozens of affiliate programs on Twitch, some that pay you up to 50% of the cost of what you sell. Despite this, partner with companies that sell products that would be most interesting to your fans.
Let’s say you stream online casino games to a Canadian audience. You’d probably earn better by partnering with online casinos at Beaverslots than by selling League of Legends Merchandise. Beaver slots compare the best gambling sites for Canadians, so it would be in line with what you do.
Sell your Products
Creating your products and selling them is a tedious process. You may have to partner with small factories to help develop merchandise for you to sell. You must also become an exceptional marketer if you want your fans to become your customers.
But since you want to make a six-figure salary on Twitch, working hard to achieve success is part of the process. You can sell anything on the streaming network, and Amazon will help complete the payment process.
Most streamers prefer to sell products customized for their viewers. And it works most of the time. Your fans come to your channel because they like your content. Most of them probably play the same video games as you do. So, when you sell them T-shirts and hoodies personalized for fans of those games, they will likely purchase them.
Accept Twitch Bits
Twitch Bits are small donations people send you as you stream content. They’re like tips, and people only share them in small amounts (cents). If you have thousands of followers, these cents can amount to hundreds of dollars per stream. Besides, you can use the money to purchase accessories for your channel or to play slot machines if you stream casino related content.
Of course, you can’t rely on Bits as your sole method of monetizing your Stream channel. Like employees who earn tips in their work, you need a salary and commissions to accrue enough money to pay bills at the end of the month. That’s why you shouldn’t ignore ads.
Adverts on Twitch pay $2 for every 1000 views. It’s a small amount, but it goes a long way in accruing your monthly income. 100,000 ad views quickly translate to $200 while one million views per month would get you $2000.
Like gaining followers, getting one million ad views isn’t a guaranteed process. Even top tier streamers struggle to maintain 20,000 viewers per stream. But when you also have YouTube and social media as avenues to magnify your income, you shouldn’t ignore ads as a way to monetize your streaming channels.
Again, both Twitch and YouTube give you a myriad of ways to make money as a video game player. You could start your talk show or teach people how to win at slot machines. You could also branch out to non-gaming content like streaming your workout program. However, followers flock to well crafted and professional content. Great content starts with a great intro video.
Although Twitch is crowded with millions of streamers, it has room for video game fans with rich content. If you can find a way to keep people coming back to view your content, you could make millions of dollars from it.
Of course, it’s easier said than done. But attract the first 50 followers, and you could start to make money using any of the methods outlined above.