How to Make Money Streaming on Twitch in 2022: Top 7 Tips
Before you do anything else, it’s important to have a pretty large following before you start making money. This is because brands and businesses won’t want to advertise on your channel if only a few hundred people are going to see the ad. Before you can earn cash from Twitch, you must first be patient and build your following over time.
Next, when growing your following, it’s important that those followers are interested in tuning into your content regularly and are loyal viewers. They should enjoy what you have to say about games or the type of games that you play so they keep coming back for more.
Finally, make sure that the amount of time and effort put into creating content is worth it! Don’t just record yourself playing a game without any commentary or physical interaction with your viewers. Incorporate some humor or helpful tips into your broadcasts so they stand out amongst others in the industry and they become something people look forward to watching each week!
Develop a schedule and become consistent.
You need to be consistent. Consistency attracts more viewers because it makes them feel like you are reliable and will always be there for them. The more you know about your audience, the better your schedule can be planned out for them.
Some things that you should consider when creating a streaming schedule are:
When do most of my viewers have free time to watch? Take into account that some countries have different schedules than your own. If you stream in the evenings, then make sure that you check how late it is on the east coast or Europe before starting a stream.
How many hours can I dedicate to streaming per day? Most people who stream full-time start out part-time by working a 9-5 job and streaming 3-4 hours in the evening after work.
Once you’ve created a schedule, keep it! During each stream, let your audience know what your next stream will be so they can plan ahead to join as well!
Get partnered with Twitch.
Getting partnered with Twitch is one of the best ways to make money as a streamer. It's also one of the hardest monetization methods to get as it requires a large number of viewers and high engagement, but once you have enough viewers streaming games can provide you with some serious income.
Twitch partners start earning money when their channel begins to get an average of 500-1,000 concurrent viewers per live broadcast and earn 5 or more subscriber points per month. The exact requirements for becoming a partner vary depending on your viewer count averages, how many days you've streamed in the last 30 days, where most of your viewers come from, and other factors.
For example, if most of your viewers are from another region then Twitch may require that you meet higher viewer count averages because their ad inventory isn't as strong for your audience.
Twitch partners earn between 50-80% revenue share from ads run on their channels and subscriptions made by their viewers (with 70% being considered average). Partners also earn money from Bits (cheers) donated by their fans during live broadcasts in addition to collecting donations through third-party services like Streamlabs or Donorbox.
Find a sponsor.
Part of what makes a Twitch streamer successful is having a sponsor. A sponsor is usually a company who will pay you to promote their products on your Twitch stream. The better the sponsorship deal, the more money you'll make. Sponsors are typically responsible for sending you free products, advertising your streams, and oftentimes paying you a monthly fee to do so.
Create your own merchandise.
You can create brand merchandise for your channel using sites like TeePublic and Printful. Make sure you have a good product to sell and hire a designer if you’re not one. Or learn how to design yourself with these courses that teach graphic design.
Accept donations from viewers for incentives and perks.
Donations can be a fun way to connect with your audience and encourage certain behavior, like asking your viewers to donate to get you to do a funny dance or eat something gross. It's a great way to interact with everyone watching, and it can also serve as a means of earning money when you're waiting for sponsorship opportunities.
There are many strategies for monetizing your channel through Twitch.
If you have a passion for gaming and are looking to make some money while playing your favorite games, then Twitch might just be the right platform for you.
While many streamers enjoy Twitch as a hobby, there are others that treat streaming as their full-time job. But no matter what kind of streamer you are, making money on Twitch is possible if you follow these 3 tips:
- Provide value to your audience
- Be consistent
- Create quality content
Making money as a Twitch streamer isn't easy, but it is possible. You need to provide value to your audience, be consistent, and create quality content. If you can do all of those things, then you'll be well on your way to making money on Twitch.
