Hey, are you a twitch streamer or want to stream on twitch? Then you need to know how to make money from Twitch. Here I am going to tell you about the 7 best ways to make money from Twitch.
Before we head over to the topic, you need to know a few things about Twitch.
What is Twitch?
Twitch is the world’s largest live streaming platform for gamers. Here gamers can play games with their fans and interact with them. A very good platform for gamers to interact with their fans.
How big Twitch is?
Twitch has more than 1.1 million viewers per day and over 4 million broadcasters per month. And Twitch is growing year by year by 60%.
How much can you earn from Twitch?
There is no limit. If you can build subscribers, then you will get lots of opportunities to make money. There is one top gamer named Shroud who makes over $1,00,000 a month from subscribers. So, your earnings will depend on your subscribers.
Twitch is a very good platform for gamers to make money from their gaming. Nowadays, if you are a professional gamer, then you can earn more than $3,25,000 monthly.
Now, let’s talk about how to make money from Twitch. There are lots of popular gamers on Twitch that making lots of money by playing games. They find lots of ways to make money from Twitch. Also, you can discover lots of ways to make money from Twitch. But that has to be under the guidelines of Twitch.
However, it will be a tough job for beginners to find out the new ways to make money from Twitch. That is why we are here to help beginners to guide how they can make money from Twitch. Here I am going to tell you about the 7 best and legitimate ways to make money from Twitch.
So, let’s which are the ways to make money from Twitch.
How To Make Money From Twitch: 7 Best Ways
Here are the 7 best ways to make money from Twitch:
This is a popular and best way to make money from Twitch. Your followers can buy the subscription of your channel for $4.99, $9.99, or $24.99. You will get this opportunity when you sign up as a Twitch affiliate or partner program.
When you sign up as an affiliate or partner, a subscription button will appear on your channel. The subscription fee will divide into 50/50 between you and Twitch.
As a Twitch streamer, you can make money from your subscriber when you sign up as a Twitch affiliate or partner. You can encourage your followers to buy your subscription.
Bits are a virtual good. Viewers can buy bits to cheer on your channel and allowing them to support you without leaving Twitch. Twitch will give you 1 cent for every bit. If you want to earn this way, then you have to sign up as a Twitch affiliate or partner program.
Your viewers can buy Twitch bits using either Amazon Payments or PayPal. Bits help viewers to cheer for your channel. Also, you can set the limitation of sending bits on your channel. That will help you to prevent spam on your chat with multiple uses of single bits. You can also add a StreamLabs tip jar widget. That will encourage your viewers to fill up your empty glasses with bits.
I think you know about this way. This way uses on YouTube also. This is one of the high earning ways. You can make lots of money by using this way.
However, if you want to make money from sponsorship, you need a high amount of followers on your channel. A lot of companies will love to work with gamers who have a high amount of subscribers so that they will get enough exposure to their products.
Companies that deal with gaming products will love to work with Twitch streamers. They will get enough potential to sponsor a twitch streamer. So, if you got enough amount of subscribers on your channel, then you will get sponsors easily. If you don’t have that many subscribers, then you might find it difficult to get a sponsor.
4. Affiliate Marketing
Affiliate marketing is the best way to make money online. Because it is one of the sources of passive income. As a Twitch streamer, you can promote gaming products that your viewers will love to buy. Every time anyone buys any products through your affiliate link, you will earn a commission.
Twitch owner is Amazon so you should use the Amazon affiliate program. You can earn up to 10% commission, every time you make sales. Amazon has got every product needed for gaming. So, you can easily promote Amazon gaming products and make money. You can showcase Amazon products in a widget on your page.
Another important thing is you should promote those products that you think will be great for your viewers. If you promote such products that will not be good or relevant for your viewers, then your reputation will be at stake. Your viewers will not like it. Only promote those products that will be good and beneficial for them.
5. Selling Merchandise
Selling merchandise is another best way to make money for Twitch streamers. But you have to be a popular Twitch streamer to apply this way. Once you build up a high amount of followers, then you can use it.
All you need to do is set up an online store and promote your store link on your Twitch page. You can sell merchandise t-shirts, mugs, and any other things that you want. So once you build up a vast amount of followers, use this method.
Like YouTube, you can also run ads on your stream. But you have to sign up as a Twitch partner. You can choose the ad length between 30 seconds to 3 minutes. You will share ad revenue with Twitch. Twitch always cares for its partners. That is why the more money Twitch receives from advertisers, the more they pay you.
Now, you might be thinking about how much can you earn from ads. Well, it depends on the advertisers. If they pay more money, you will earn more. If advertisers pay more money, you will earn $1 to $2 per thousand views.
You can choose three types of ads:
You should try all of these ads to experiment with which one sounds best to your audience. However, lots of streamers avoid this. Because nobody likes to watch ads. For that reason, you should avoid this method to give a proper gaming experience to your audience.
You can ask for donations from your viewers.
You can provide your account details on your page and ask for direct donations to your PayPal, Stripe, or any other payment method that you use. If you find it difficult, then you can use a third-party website like Patreon to get donations from your viewers.
How To Sign Up On Twitch – Step by Step Guide
If you don’t know how to sing up on Twitch then follow my step by step process.
1. First of all, go to twitch.tv homepage and click on the Signup button.
2. Now, prove username, create a password, date of birth, and email then click on the “Signup” button.
3. After that, Twitch will send you a verification code in your email address. Provide verification code and click on the “Submit” button.
That’s it. You have signed up successfully.
How To Grow On Twitch
When you first starting on Twitch, you need to know how to grow on Twitch. Watch this video.
As you can see, there are lots of ways available to make money from Twitch. All you have to do is pick the best ways that are convenient for you.
There might be more ways available to make money from Twitch, but I have listed those ways that are popular and legitimate. If you find new ways to monetize your Twitch live streaming, then you can implement those as well.
Hopefully, this article helped you to know about how to make money from Twitch. If you find it helpful, then share it with your friends.