When it comes to making money online, building an audience through Twitch streaming is an encouraging path to success. Twitch is a popular live streaming platform where viewers can watch their favorite content creators play video games or provide other forms of entertainment – from ASMR audio to “just chatting” segments. The more viewers your live streams attract, the more money you can earn – some streamers make thousands of dollars each month by monetizing their channels on Twitch.
What is Twitch?
Twitch is a live streaming platform for content creators to play video games, esports, music, and more in real-time, often engaging with their audience simultaneously. Video games are the most popular category on the platform – at any given time, over 3000 unique games are being streamed simultaneously. Twitch showcases live channels for viewers to watch and categories they might enjoy.
How Much Can You Earn on Twitch?
The amount of money you can earn on Twitch largely depends on the number of regular viewers watching your streams. The larger your audience, the higher your income.
To provide an estimate of how much streamers with varying viewership levels can earn each month on Twitch, Streamer Facts recently compiled this analysis:
How to Build an Audience on Twitch
Before we cover the 12 different ways you can make money on Twitch, let’s take a look at an equally important topic: building an audience so you have regular viewers and potential subscribers.
1. Find Your Niche
Narrowing down your niche helps you build an audience that is interested in the content you are streaming. If your channel is diverse, streaming Fortnite one day and providing live music the next, it will be difficult to attract a dedicated audience interested in your content.
2. Engage with Your Viewers
Becoming a popular streamer might seem like just playing a game or talking to your audience, but being a Twitch streamer is an art. To get started, watch other streamers to get an idea of how to effectively engage with your audience.
3. Build Your Network
An important aspect of becoming a Twitch streamer is watching and interacting with other streamers. This can help you connect with other content creators and build a community. Additionally, if you become friends with other streamers, you can start streaming together as a way to share audiences and reach more potential fans.
4. Polish Your Brand and Online Presence
Twitch doesn’t have to be the only place you promote your streams. Instead, create a website (or at least an e-commerce page), a Twitter account, a YouTube channel, and perhaps an Instagram account and other social media presences.
12 Best Ways to Make Money on Twitch
Whether you are a beginner or have already joined the Twitch affiliate or partner program, we’ve compiled 12 great ways for streamers to make money on Twitch.
How to Make Money on Twitch as a Beginner
If you are just starting as a Twitch streamer, remember that it may take some time to attract an audience to your channel. To kick off your channel, stream regularly and play popular games that viewers want to watch.
1. Donations
As a beginner, you can’t set up subscription tiers yet, but you can still receive donations from people watching your streams.
2. Amazon Associates
The Amazon Associates program is an affiliate program from Amazon that Twitch beginners can use to earn simple affiliate income. Through this program, streamers can mention Amazon products and include affiliate links to them on their channel and during live broadcasts. Every time a viewer goes to purchase those products, the streamer will earn a percentage from the sale.
3.
Patreon Subscriptions
Since newcomers to Twitch cannot immediately create subscription programs based on Twitch, Patreon is a great way to start earning money directly from subscribers. Through Patreon, streamers can set their own subscription tiers and offer different benefits at each level.
How to Leverage Your Twitch Audience to Make Money Outside of Twitch
Once you’ve built a large Twitch audience and started generating a steady income, you might consider expanding to generate more revenue from your platform.
1. YouTube Channel
Create a YouTube channel so your audience can consume your content even when you’re not live on Twitch. Additionally, you can monetize your YouTube channel, giving you a completely new outlet for revenue.
2. Coaching
Another option to earn money by leveraging your Twitch audience is to offer services to new Twitch streamers. For example, you could provide coaching services to share your expertise on building an audience on Twitch.
Here are some other services you might consider offering:
- Profile customization
- Banner and panel graphic design
- Product graphic design
- Setting up a merchandise store
Anything you’ve learned from your Twitch channel can become a service you offer to new Twitch streamers. Create your Twitch account and start making money.
Source: https://www.shopify.com/blog/how-to-make-money-on-twitch
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