This article shows you how to make money on Twitch and some of the really easy ways that work.
It also delves a bit more into interesting facts about Twitch, how to build an audience with Twitch and different ways of making money.
Twitch is a live streaming gaming platform.
According to the website, “Twitch is where millions of people come together live every day to chat, interact, and make their own entertainment together.”
Gamers stream videos of themselves playing games on it, and visitors can access and watch these videos.
Just think of Twitch as a ‘YouTube’ for gamers.
According to Wikipedia:
“Twitch is an American video live streaming service that focuses on video game live streaming, including broadcasts of eSports competitions. In addition, it offers music broadcasts, creative content, and more recently, “in real life” streams.”
Twitch is now the world’s top streaming platform for gamers. It provides gamers with the platform to live stream their games and also make money in the process.
Twitch was launched in 2005, and since then has become popular as a place for gamers.
As of October 2013, the Twitch website had 45 million unique viewers.
By February of 2014, is was ranked fourth globally in traffic behind top behemoths like Google, Apple, and Netflix.
Amazon bought this company because of its success for record breaking $950 million in 2014.
Twitch witnesses millions of monthly viewers. On average, this platform receives more than 140 million unique monthly viewers.
These visitors are mostly people who access the platform to view their favorite streamers every day.
It would interest you to know that the platform has continued to grow by 60 percent year-over-year.
As of February 2020, Twitch had more than 3 million broadcasters monthly and 15 million daily active users, with 1.4 million average concurrent users.
Other interesting facts you should know about Twitch are:
- 55% of Twitch users are between the ages of 18 and 34.
- Over 80% of Twitch users are male.
- Twitch has over 15 million daily active users.
- Twitch has between 2.2 million and 3.2 million monthly broadcasters.
How to Build an Audience with Twitch
To make money with Twitch, you really need an audience. You must build your audience so you can easily promote your service to them.
The more audience you have the more money you are likely to make from this gaming platform.
That said, here are tips to help you build an audience and start making the most money with Twitch.
Be strategic with the game you are streaming
Pick the latest and popular games to stream for your audience. Viewers always want the latest and most popular games.
If you give them what they want, they would always come back to your channel. At the moment, some of the top games being streamed live on Twitch include ” World of Warcraft”, “Just Chatting”, “League of Legends”, “Escape from Tarkov”, and “Counter Strike Global Offensive”.
Also, you don’t need to stream games with hundreds of streamers on Twitch.
You can browse the platform and look for games with only 10-20 streamers.
This will give you better chance of making money with popular games.
Connect with other streamers
Share your experience and knowledge with them and engage them in the char room.
You may likely get new followers and viewers from the other streamers whom you have connections with.
Engage your audience on multiple levels
To grow your Twitch audience, you should go beyond just streaming games.
You can also add streams of your lifestyle like when you are walking out, traveling, cooking, etc. Viewers can engage with you on these side attractions.
It would also help boost your Twitch gaming viewership.
The good thing is that you can use the Twitch’s “Creative” and “IRL” sections to create multiple streams that would help attract more audience for you.
Leverage your social media presence
You can use your social media accounts to promote your Twitch Streams and make money.
Social media can help build your brand and play a significant role in your Twitch success.
Use your Facebook, Twitter, Instagram, and other vibrant social media to boost your exposure and attract new followers.
Best Ways to make money on Twitch
1. Become a Twitch Affiliate
You can sign up as a Twitch Affiliate and make money. You are going to be provided with a referral code or link that you can share to attract others to use this platform.
If your referral sign up and use the Twitch programs you have recommended then you make money. Twitch is going to split the revenue paid by your referral with you.
Whether you are new to Affiliate marketing or not, the following articles right on this Kingged.com website will help a lot:
- Affiliate Marketing Guide For Newbies
- How To Excel in Affiliate Marketing With No Website
- Easy Ways of Making Money With Affiliate Marketing
- Legit Affiliate Marketing Programs For Newbies That Pay
2. Brand partnerships
If you become a popular Twitch streamer, you can be contacted by brands to advertise their products to your viewers.
You can be contacted for sponsorship opportunities and many brands would be willing to work with you.
It may be difficult to attract top brands from the beginning but you can start with small brands you can grow with.
To become successful with brand partnership or sponsorship on Instagram and other social media, ensure you work brands that you are comfortable with.
You can look around brands near you and pitch to them a sponsorship idea.
Another way to partner with brands is to embrace their affiliate program.
Yes, you can sign up with their affiliate program and get paid some commission when they make a sale.
You can receive 20% commission or more on the sale of any product.
You should know that Twitch streamers can get brand opportunities from companies that sell hardware and software related to games.
3. Sell your Merchandise
You can sell your merchandise and make money on Twitch.
What you can sell include coffee mugs, T-shirts, stickers, laptop cases, phone cases, pillows, branded pen, and so on.
You will make money if you have many followers or audience.
You can create a storefront where you can list and sell these items to your dedicated audience online.
Just make sure that you have enough.
4. Receive Donations
One of the ways you can make money from Twitch is through donations from chat members.
If you have not been able to make money passively on this platform, you can set up donations by linking your PayPal accounts.
Of course, to attract large donations from members, fans or subscribers, you must ensure that you offer them quality streaming.
To make the most of Twitch donations, you can use “Twitch Alerts” feature to provide graphical stimulus that would encourage people to make donations to you.
5. Game sales
Viewers can purchase the game you are streaming directly from your platform. They can do this using the “Buy Now” button.
This button automatically appears when you play games sold in the Twitch stores.
As an affiliate, you can receive a 5% share of the purchases made on the channel.
Similarly, this also applies to in-game items and other purchases made on your channel.
6. Receive Subscriptions for your channels
Subscription to your channel is a major way of making money from your Twitch account.
You can set up different subscription options to choose from.
For instance, you can set the fees as $4.99, $9.99, and $24.99 per month.
The more subscribers you have, the more money you will make with this platform.
Twitch subscriptions provide you with recurring income.
Your followers can re-subscribe after the expiration of the current account.
The money you receive from subscribers would be split between you and Twitch in 50/50 formula.
If you sign up as an Affiliate or partner, a subscribe button will automatically appear on your page.
You can them motivate fans and followers to subscribe by setting up alerts.
7. Get bit donations from viewers
If you are starting out as a Twitch streamer, your first revenue will likely come from bit donations given to you by your audience.
Yes, viewers can give you monetary support by buying and donating ‘bits’ to you.
These animated emotes are known as “bit gems,” They come in different sizes and colors, and they can be accessed from the chat window.
This is because the viewers can purchase and redeem bits in order to use emotes in the chat rooms of their favorite streamers.
Viewers can donate as many bit as possible to you, and Twitch will pay you $0.01 each time someone uses one in your chat room.
8. YouTube audience
You can also make money on Twitch if you upload you Twitch videos on your YouTube channel.
By doing this, you will leverage new audience and also make money from YouTube adverts and branding.
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As this article has shown, it’s indeed easy to make money with Twitch, if you know how.
And what’s even more awesome is that just about anyone can make money with this gaming platform, especially if they love gaming.