Everyone wants some extra penny in his pocket, and I will show you How to earn money on Twitch. For those who don’t know the meaning of Twitch, it is a live-streaming platform for gamers. Nearly every big website is paying out to people, in order to sustain their traffic to keep coming. Twitch knows about this well and also has a strategy to actualize this. Let’s take a look at the ways to make money from this platform.
How to earn money on Twitch
1. Subscriptions
- Affiliate & Partner Status: To unlock subscriptions, you need to become a Twitch Affiliate (the first tier) or Partner (the advanced tier).
- Subscription Tiers: Viewers can subscribe to your channel at different price points ($4.99, $9.99, or $24.99 per month). You earn a portion of this amount.
- Prime Subscriptions: Amazon Prime members can subscribe to one channel for free each month, which still pays you as if it were a regular sub.
Note: Your Twitch community can support you with a monthly payment through Patreon.
2. Bits and Cheering
- Bits: Viewers purchase Bits to “cheer” in chat, which are animated emotes they can send. Each Bit earns you about $0.01.
- Custom Cheering Emotes: As a Partner, you can design custom emotes for viewers who cheer in your channel.
3. Advertisements
- Ad Revenue: Partners (and some Affiliates) can run ads during their stream. You’ll receive a share of the revenue generated from these ads.
- Ad Placement Control: Twitch now allows streamers to choose when to run ads, which can improve engagement without overwhelming viewers.
4. Donations (Tips)
- Direct Donations: You can set up a donation link (e.g., through PayPal, Streamlabs, or other services) where viewers can send you money directly.
- Third-Party Tipping Platforms: Services like Streamlabs and StreamElements allow more options for fans to donate directly, often bypassing platform fees.
5. Sponsorships
- Brand Deals: As a popular Twitch account owner companies may pay you to promote their products, games, or services.
- Sponsored Streams: Some brands will sponsor entire streams in exchange for promoting their product throughout the session.
6. Merchandise
- Custom Merchandise: Selling merch (like shirts, hoodies, or accessories) through platforms like Teespring, Spreadshirt, or even Twitch’s own merch integration.
- Twitch Merch Shelf: Partners can display merchandise directly on their channel for easy sales.
7. Collect Donations
- Your community can gift or donate some money to you. This works well if you’re popular on Twitch. There are third-party apps you can integrate with your Twitch account to accept donations. Some of them are the Paypal donation button and the Donorbox.
8. Affiliate Links
- Promote Affiliate Products: Link to products or games you enjoy, and when viewers buy through your link, you earn a commission (e.g., Amazon Affiliates).
- Gaming Gear and Software: Companies like Razer or G2A offer affiliate programs that pay commissions when your viewers make purchases.
9. Crowdfunding on Patreon or Ko-fi
- Monthly Support: Many streamers use Patreon or Ko-fi to offer supporters additional benefits like exclusive content, private streams, or behind-the-scenes updates.