How to make money using Twitch – A quick guide
Do you have a passion for playing video games? Have you ever considered turning that passion into a profit? Many gamers spend hundreds of hours of their life playing games but very few actually take advantage of streaming services that can help turn their hobby into a profitable lifestyle!
So what is Twitch?
Twitch is an online streaming service that allows people like you and I to show our gameplay to the world, LIVE as it’s happening. It is a community in with you can engage with your viewers and other streamers. There is a great potential in using Twitch to generate income while playing games and there have been a substantial number of success stories.
There are a few things that you need to consider before signing up to Twitch, diving right into action and getting your gaming channel started.
First – You will want to ensure that you have a good upload rate to the internet. It is important that your internet connection can handle you streaming to Twitch because if it can’t, you may find that viewers won’t be able to watch you broadcasting or if you already have an audience, you may lose viewers if your live feed keeps interrupting, freezing or cutting out altogether. The great thing is, Twitch offers a Stream Health check by running a Stream Test! View the broadcast requirements from the Twitch Help Center HERE to see if your connection can handle the streaming requirements.
Second – To interact with your audience, you will need to have a microphone. A good quality microphone could be the difference between 100 viewers and 1000 viewers, but if you can’t afford a good quality mic right now, don’t worry! Use what you can get your hands on, get started and save for that quality audio in the future!
We would recommend the Blue Microphones Yeti USB Microphone. This is one that we have personally used and can honestly say the quality provided by this microphone is perfect for your needs.
If you find the Blue Microphones Yeti USB Microphone a little more on the expensive side, we also recommend Blue Microphones Snowball iCE USB Microphone. For a lower price, you’re audio quality will be greatly appreciated by your viewers!
Third – Consider investing in a good quality webcam or a camera that can connect to your Twitch stream. You will find that you will achieve more viewers if they can see both your gameplay and you in person. This makes the experience more personal and allows a better interaction with your audience! Your webcam doesn’t have to be the best in the world, but good enough that there shouldn’t be any stuttering all over the screen.
Finally – This is probably the most important part in streaming on Twitch. You need a game to play, but not just any old game you have lying around. You need a game that will attract the viewers to you! Try and choose something that is popular right now! At the time of writing this, the most popular feeds were those playing Fortnite, League of Legends and Dota 2. Do some research and see what the viewers are most interested in right now!
Now you’ve got your channel set up, so how can you start to make money? Well first, you need to focus on building your channel and your brand as some of the options available for you to make money with Twitch are only made available once you make it into the Twitch partner scheme. So for now, don’t jump too far ahead. Stream some games and get a feel for it as it can be strange at first, especially if you’ve never done anything involving live commentary before.
Use social media and begin to build up your presence online. Create a Facebook page, Twitter account and Instagram account and ensure you have links going to and from your Twitch account. Remember to keep your followers updated regularly, even if it’s just a post to an article you’ve read. This helps keep up engagement and interest levels.
Try and come up with a logo and if you can, a witty tagline. This will help you be more recognisable and will afford you more money opportunities which will be discussed further in this article.
Set some time aside regularly and put in place schedules so that your audience knows just when to come and watch you play their favourite game! You may find that just jumping straight in at random times of the day and random days of the week may not benefit you in the long run, as your audience have lives too and you want to give them the opportunity to plan some time to sit down and watch.
Switch up what games you play and see what feels best for capturing viewers interests. Consider engaging with your community and see what they would like to watch you play!
The more you focus on building up your own community, you will find that your audience will begin to grow to the point in which you can start to capitalise on your hard work and efforts. So, how exactly do you do this?
How to make money with Twitch
So now you’ve gained a fair-sized and regular audience. How do you use this and what methods could you use to make money?
- Ads – Advertisements can be a great way to earn some money. They can play either at the start of a stream or during the stream and the more people you have to view those advertisements, the more potential earnings you could receive.
- Twitch Subscriptions – These are subscriptions that your viewers can sign up to and basically give you a donation every month. To encourage people to subscribe, other than only enjoying your quality content, they are offered custom emote’s, a subscriber badge, ad-free viewing (if you, the twitch streamer enables this perk) as well as a few other things.
- Donations – One off payments that your audience can gift you as a way of showing their support and saying thank you. Donations can range from as low as $1.00 to $1000’s. With a good-sized audience, a great game and some showmanship, your potential to earn high donations is only limited to the quality you’re producing for your viewers.
- Sponsorships – Become popular enough, interact with your community and broadcast some great content and you could have people contacting you to promote their products! This could range from game developers asking if they could pay you to play their game for your audience to promoting hardware such as gaming PC’s and more. Please do take care however, as if you decide to take a sponsorship, you may be required in some countries by law to declare if a product you are promoting is being promoted through a sponsorship.
- Affiliate Marketing – You could use services such as Amazons Affiliate program to promote products that you use to stream to your audience and if they click on the links and purchase the items you could receive a portion of the profits.
- Reuse streams on YouTube – This can be an excellent way to maximise you earning potential with content you’ve already created. Consider uploading past streams to YouTube for people to watch. You could find an all new audience and you may be able to create addition content for your YouTube channel.
- Merchandising – You’ve built up your channel, have a sizeable audience and have designed a recognisable brand through the use of a logo and possibly a tagline. Now is the time to start selling t-shirts and hoodies to your audience. There are many websites on the internet who will fulfil these types of merchandising orders and all you need to do is upload your logo designs to their services.
With some hard work you could have a great potential to earn some income using Twitch, but remember, have fun with it and stick at it as success is built over time, not overnight.
If you liked this article, keep up to date with future posts by liking our Facebook Page here!