If you’re a gamer, you probably are tired of listening to other people’s rant on how you’re wasting your money away. Well, what if I told you that there’s a way for you to make money?
Yes, there’s this streaming site known as Twitch that will allow you to make tons of money through gaming only. Twitch is a website with more than 17 million daily users, and more than four million people stream games and other content on it.
There are tons of different ways through which you can earn money on Twitch, and today you’ll learn them from the best content writing agency!
Where to Start?
If you’re a viewer, you don’t need a twitch account. However, if you’re willing to stream your games, which is the only way of earning money, you need to sign up on Twitch. So, the very first step would be to create a twitch account.
Starting your career as a streamer requires a hefty investment. You don’t need a high-end computer, but you need to meet the requirements for running the games you want to play, and you need a special card that will allow you to stream effortlessly.
Other than that, you need high-quality headphones and a decent mic. Don’t get one of those mics that will produce a lot of noise; those will only end up irritating your viewers.
Another important thing to set before you get started is your mindset. You can take your twitch account as your career; yes, that option is available.
However, you can also earn from Twitch by keeping it as a part-time hobby, but bear in mind that you’ll still have to spend a lot of time after your twitch account making new materials for your channel. The twitch channels are always on.
A person can view your channel anytime, and the fuller your channel is, the more viewers you will have.
How to Make Money on Twitch: Different Sources Through Which You’ll be Earning
Here are the different channels through which you’ll be generating revenue from Twitch. These are:
1. Bit Donation
One of the major sources through which you can earn from Twitch is bit donation. The viewers buy bit donations through which they can redeem emotes.
These emote are known as Bit Gems, and you’ll earn money for every bit gem used in your chat room. You’ll get $0.01 for every emote the viewers use in your chat room.
Then again, there’s an option for customizing the emotes. However, this option is reserved for the twitch partners only.
This will probably be the most revenue-generating source for you. There are different subscriptions that the viewers can buy. You won’t be getting all of that money from the beginning.
Usually, Twitch keeps 50% of the earnings for themselves. However, as you start growing, you’ll gradually get a higher percentage. In fact, some people get up to 100%!
There’s a catch, though. You won’t be able to earn from subscribers unless you’re invited to their partner program. There are more than twelve thousand twitch partners out there, and it’s pretty challenging to become one.
Only twitch partners can earn from this source, and it’s a pretty good one. The partners earn around $250 for every hundred subscribers they get, which makes this source extremely viable.
Twitch follows the cost per impression method, which means that you’ll earn cash for every thousand impressions your stream gets.
If you’re popular enough on Twitch, you’ll start getting sponsorship proposals. If you look at some of the most famous streamers like Shroud, you’ll see that they promote tons of products in their videos.
Previously, people used to think that only gaming-related products are promoted, but the scenario has changed a lot now. I’ve even seen Shroud promoting coffee beans with his logo on the pack.
5, Affiliate Marketing
Affiliate marketing is one of the most common forms of marketing, and you can do it on Twitch as well. There are tons of affiliate marketing programs you can sign up for, and this medium is best for you if you haven’t gotten any sponsorship proposals.
The best thing about affiliate marketing is that you can choose what you want to promote. Before settling on a certain product, you need to conduct market research to find which products are performing well on Twitch.
If you can implement the right strategy, you’ll be able to earn a lot through affiliate marketing.
Tired of promoting other people’s products? You can always create your own merch and promote them!
If you can manage to create good products, you’ll be able to make a good profit from them!
How Do You Grow Your Twitch Channel?
Now that you know the different income sources of Twitch, you can finally decide whether you want to open a twitch account or not. The real challenge starts once you have opened your channel. Twitch is great for earning money, but that’s only if you have enough viewers.
Growing a twitch account won’t be easy, and you need to put a lot of effort into growing your channel. Here are a few tips that may help you improve your channel.
1. Come up with a Viable Plan
Now, some people would tell you to stream all day. Although you need to follow that to some extent, just streaming won’t do you any good. To get better at this, you need to formulate a good plan first.
Research other streamers, from popular ones to the people who aren’t making any noise out there. From those who won, you’ll learn what to do, and from those who fell, you’ll learn what to avoid.
2. Create Content Regularly
You don’t have to stream all day long, but you do need to be super active. Unless you create content regularly, people will start losing interest in you. Twitch channels are like TV channels because they’re always active whether you’re streaming or not.
The problem with this is, people will get disappointed if you don’t see you streaming often. So, we recommend you stream at least four to five times a week.
3. Research before You Play
Playing a game isn’t enough. You need to play a game that people will watch. Now, this doesn’t mean that you need to stream a game that’s trending now.
Usually, these types of games are being played by a lot of people, so the viewers have a lot of options too. Instead, if you stream some vintage game that no one is streaming, you can get a decent number of viewers from that.
4. Talk to Your Viewers
Interactivity is the key. Twitch is popular because the viewers get to interact with their favorite gamers, and if you sit there like a stone, you’ll only lose your viewers.
Earning money on Twitch won’t be easy, but it’s certainly possible. The best thing about this is, you won’t have to do things you don’t like.
Instead, you can play games, have fun, and earn money!