Twitch: 11 Ways to Make Money

Twitch: 11 Ways to Make Money

Twitch: 11 ways to make money

Do you want to be paid to play videogames? This is your chance. Here are some ways you can make money with Twitch.

You may have heard it said growing up that video games won’t make you money. We’re here to tell ya it can!

Twitch has thousands of users who live stream themselves playing video games. You don’t have to be a video gamer to enjoy the many other types of content available on Twitch.

Can you make money with Twitch?

Although streaming on Twitch may not be a quick method to make money it can help you build your channel with some time and effort. We are here to help you start earning.

What is Twitch?

Twitch allows you to stream live video and view it on the internet. Live streaming is basically sending a live video over the internet in real time. You can also interact with your viewers as they watch your stream. Twitch has around 30,000,000 active users every day, making it one of the most popular and largest platforms for this.

Although the site is heavily focused on video games there are many other content available on Twitch – cooking and coding , making music, ASMR, etc. Twitch makes it easy to make money from live streams, which allows thousands to earn extra income.

How much money do Twitch streamers make?

Twitch streamers can make a lot of money.

The number of viewers and subscribers, as well as how frequently and how long you stream, will all impact your income. As we explained below there are other ways to make money with Twitch. These don’t require paid subscribers or ads.

Twitch doesn’t usually disclose the earnings of their highest-paid streamers on its platform. However, a leaked document provided some insight. The document stated that Critical Role, the highest-paid channel on Twitch, made more than 9.6 million between October 2021 and August 2019. This does not include bits, subscriptions, and ads.

Although this sounds very exciting, most people who stream on Twitch make less than that.

What is the average income of Twitch streamers per sub?

Paid Twitch subscriptions make streamers one of the highest-earning. They get 50% for each subscription while Twitch keeps the remaining 50%.

There are two subscription tiers available, one starting at PS3.99/month, and the other going up to PS19.99/month. Each subscription level offers different benefits for viewers. A discount can be obtained by paying multiple months in advance. This will bring down the price between 10% and 15%.

You can only offer subscriptions to your live stream after you become a Twitch Partner or Affiliate.

What’s the difference between Twitch Affiliate and Partner?

You must become either a Twitch Associate or Twitch Partners to start making money from your channel using Twitch’s tools. Your channel must meet certain requirements to be eligible for membership (see below). They both allow you to make money via ads, bits, and subscriptions. However, there are differences.

The main difference is that Partner offers more benefits and features. You get more customized emotes, animated badges, priority support, and more custom emotes. Twitch Partners also have the opportunity to benefit from additional promotions through Twitch’s Partner Spotlight, Partner Panels, and other channels.

Twitch Partner vs Affiliate requirements

You must meet these requirements to be a Twitch Partner or Affiliate.

Last 30 days of streaming712
Hours of streaming over the last 30 days825
Average viewership375

You can track your progress towards the Partner and Affiliate programs on your creator dashboard. Twitch will contact you once you have been approved for Affiliate. However, things are slightly different for Partners. After you have met the criteria, you will need to apply manually to join.

You can always apply again if your application is rejected.

How to make money with Twitch

These are 11 ways you can make money on Twitch.

  1. Twitch bits

    You can accept bits from Twitch once you become a Partner or Affiliate. This is Twitch’s virtual currency. Viewers can purchase it and send it to their favorite streamers to show support.

    Viewers can chat to “cheer” and send bits to streamers. This basically means that you are donating your bits along with a message to the streamer. Streamers may have notifications set up to give shout-outs to viewers who donate.

    You can also add leaderboards to the channel to show who donated more bits. Twitch badges can be earned and animated emotions can be used in chat to donate bits.

    What are the bits on Twitch worth?

    A gifted bit is worth $0.01; this is the amount streamers earn per gift bit. These are slightly more expensive for viewers, since Twitch takes a small percentage. You can save a little money by buying them in bulk.

  2. Subscribe to Twitch

    You can accept bits and the Affiliate or Partner programs allow you to gain paying subscribers. This is another great way to make money with Twitch.

    People who enjoy watching live streams can subscribe to your channel by paying a monthly fee. They’ll receive a few perks in return. Subscriber badges, custom emotes access and the ability to stream the stream ad-free are some of the perks.

    There are three tiers with different perks, usually extra custom emotes but that depends on the streamer.

    • Tier 1 – PS3.99/month
    • Tier 2 – PS7.99/month
    • Tier 3 – PS19.99/month.

    Subscribers can pay to be a subscriber, but they can also gift subscriptions to others. Subscriptions can be gifted to individuals or the community, which will then award subscriptions to randomly active viewers.

    Twitch is owned and operated by Amazon. Everybody with an active Amazon Prime account will be eligible for a free monthly subscription to one of the channels they choose.

  3. Twitch ads

    Twitch allows you to run ads on any stream, but Affiliates and Partners can only make money from them. These ads will be shown to viewers during live streaming, except for subscribers who have been paid.

    You can choose when and for how long you want the advertisements to be on your Twitch channel as a Partner or Affiliate. To build a community, it is important not to overburden your stream with advertisements, especially when there are so many ways to make money with Twitch.

  4. Donations

    Twitch offers a way to make money by donating bits. You can accept donations even if you are not yet a Twitch Partner or Affiliate. This can be done by adding a PayPal donation link to your channel description.

    Even if you accept bits, a PayPal donation button can still be a great way of making extra money. This means that you will get 100% of the donations (instead Twitch taking a cut).

    Although viewers will not see the donation badge during the chat, just like bits, you can still create leaderboards for PayPal donations, and give them shout-outs during your live streams.

  5. Affiliate marketing

    Affiliate marketing is a popular way for Twitch streamers to make money. This basically means that you post links to products and services. If someone purchases through these links, then you get a commission.

    Your content will determine the types of services and products you can promote. As a streamer of video games, you might promote the equipment that you use to play them.

    To learn all the details, you can consult our affiliate marketing guide.

  6. Sponsorships

    Brands will notice if you grow your audience. This is possible even without millions of viewers or followers. This could work if the brand aligns with what you are putting out and your viewers are engaged.

    There are many ways to approach sponsorships. You could mention products or add the logo to the stream. Or link to the brand directly in your description. You can also combine sponsorships and affiliate marketing if your brand has one.

  7. Merchandise

    You can create your own merchandise if your Twitch community grows. Because Twitch is a community-driven platform it’s easy for loyal fans to get involved.

    Your logo can be used for merchandise. You can also use your logo for merch if you have an inside joke.

    This is not a quick way to make some extra cash. You should ensure that the products you purchase are high quality and of a good quality. Don’t disappoint those who support your streams.

  8. Subscribe to Patreon

    Although it takes extra effort to set up a Patreon page, it is a great way of diversifying your income from Twitch.

    This is a great way to grow your subscriber base, even if you are not yet part of the Affiliate/Partner program.

    Patreon allows you to offer exclusive content, share additional tips, and give people access (if your community has one) to Patreon-exclusive channels. ).

  9. Youtube Ad Revenue

    You can increase your Twitch revenue by creating additional content on other platforms. You have many options, but one of the best ways to increase your Twitch income is to repurpose your Twitch streams into YouTube videos.

    You can create a compilation of streaming highlights. You can also create tutorials for your stream. You can make YouTube ads and reach new audiences.

  10. Tournament winners

    You might consider joining a tournament if all those hours of streaming have made you a pro at a particular video game. There are many smaller tournaments open to streamers, but the major events are typically for professionals in esports.

    You can either do this solo or with a group of streamers depending on the game.

    Broadcasting a tournament can provide great content for your audience. If you do it well, you may even win some new fans.

  11. Send gifts to viewers

    You can make your channel more fun by using plugins that allow viewers to gift you with physical items. Although this isn’t a way to earn money on Twitch, it can help you save money.

    You can make an Amazon Wishlist with Throne. This list can be viewed by viewers who will then choose to purchase a gift from you.

    You can get food from Treat Streams. Supporters can order a take-out on this app.

    These services protect your privacy so that no one can find out your address.

How to stream on Twitch

There is no right or wrong way to stream Twitch. It also depends on the type of content that you plan to post. You don’t even need much to stream.

These are the steps to create a Twitch channel:

  • Twitch account- Get a free Twitch account and get started setting up your channel in minutes
  • Laptop/PC Although you can stream from a gaming console or phone, a laptop/PC will help improve the quality of your stream.
  • Camera- This can be your laptop’s webcam when you first start. However, it is also possible to attach a professional camera to your computer.
  • Microphone-Chatting is key to keeping your viewers engaged. Make sure you have a microphone for your stream.
  • Streaming software With free software such as OBS or Twitch Studios you can broadcast directly to Twitch.

You can upgrade your gear as your channel grows to produce better content. When you are just starting out, make sure your streams are entertaining to watch.

A schedule is a great way to let people know when they can tune into. Be your best engaging self!

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