Earn Money On Twitch.tv

Chris R.
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Published: August 17, 2018
August 17, 2018

“MoolahNinjas main goal is to help our readers improve their financial lives. We partner with other companies that share that same vision. Some of these links in this post may be from our partners. This is how we make money.”

In the age of the Internet, there are a number of ways to get a little extra cash just by doing the things you love and are passionate about. If you are an avid and dedicated gamer, Twitch.tv might just be your golden ticket to the world of Internet money making.

Twitch.tv is an online streaming service devoted solely to video games. It is the most popular web site to use for broadcasting yourself and your own gameplay or, most commonly, for kicking back with some popcorn and watching popular gamers play your favorite games. A lot of popular gamers post game play and reaction videos to make money with their YouTube channel.

Twitch takes it to the next level. You can search the site for a live game you would like to watch, or look up your favorite streamer and enjoy their commentary as they make their way through their gaming library. Twitch Is definitely one of the best ways to earn money playing video games! It’s not just gamers on Twitch, you’ll even find cryptocurrency traders streaming.

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Earnings
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If you’re into eSports, Twitch.tv is a goldmine. Here, professional gamers will come to Twitch to stream their competitions to an audience of thousands, allowing them to make quite a bit of cash through both their popularity as players and through the advertisements placed on their games.

These pro gamers have put many hours of work and dedication into their Twitch.tv channels, and to make as much as them, even if you don’t participate in eSports, you must do the same amount of work.

Over half of the Twitch user base watches an average of three hours a day on Twitch. Grab the attention of these devoted users and you can be making money in no time. By being active, using PayPal, growing viewership and becoming a Twitch Partner, you can easily bring home some serious income. Here’s how you can get started.

Get Together the Proper Equipment

In order to stream (or even just game without wanting to quit or punch a hole through your screen due to awful FPS) you will, of course, need a decent gaming computer. Something with a processor similar to Intel’s Core i5 Sandy Bridge and at least 8GB of RAM will do. You may also choose to stream from a PlayStation 4 or Xbox One using an external capture device that can plug into both your tv and computer.

For PC, there is a free streaming service you can use called Open Broadcaster Software (OBS), or a premium service with added benefits called XSplit. For console streaming, the service Elgato HD60 is the recommended option.

You're All Set Up... Now, How Do You Earn Money?

As with any other job, first and foremost, you must show up consistently. If you’re never online and never playing, you aren’t building up a base of viewers who are interested enough in you to continue coming back to your channel.

Without viewers, you lose the opportunity to gain a reputation and convince people to press that $5 per month subscription button. With a subscription, you split the money half and half with Twitch, but that definitely does add up after enough people subscribe.

If you are a PayPal user, it is wise to embed a donation button on the description section of your account. On top of gaining subscriptions and becoming a Twitch partner, this is another way to earn extra income. By building great relationships and having a personality that stands out on Twitch, people will be more willing to freely donate to your stream and they can do this through PayPal.

Sell your own products

Once you get more viewers and a consistent audience, you’ll start to make a name for yourself and people will want to identify with however you brand yourself.

A good way to profit from this is by promoting merchandise, such as T-shirts, coffee mugs, and other swag. You can mention this at the beginning and end of every stream, and if people like the things you are advertising, they will buy them and you get a great source of passive income!

Looking for a reliable and good dropshipping service to get your products to your audience? Spocket allows you to choose the best products to sell from thousands of dropshipping suppliers all over the world.

If you are more interested in creating and selling your own custom products, we would recommend you check out Printful, an easy-print-on-demand drop shipping and warehouse service.

Become a Twitch Partner

Making money with Twitch.Tv is an on-going process. For the first few months, you may only make $100 to $250, but over time, you can build a good audience. People who have 20,000 viewers can make $1600 per week, which works out to a salary of more than $76,000 per year! So there’s a really good chance of getting rich on this platform.

The most important thing to remember is that Twitch.tv probably won’t be able to be your full-time job for a while. You’ll need to continue to produce quality content and grow your channel to make good money doing it.

If you are interested in earning money online, then take a look at our different ways to earn money on the internet right here.

Get Paid For Views

Another reason it is important to gain a sizeable number of viewers is Twitch’s payment system. Twitch boasts an “effective cost per 1000 impressions” (eCPM) system that pays you a certain amount of money for every 1000 views you receive.

Increasing your eCPM is as easy as showing up to “work”–playing consistently and interacting with your viewers regularly. Building a relationship with them is the best way to grow your viewership, and you might even achieve the goal of getting them to turn off their ad blockers for you. By turning off ad blockers, your viewers open up another way in which you can be supported, and this will help you make even more money through Twitch.

Once approved for the Twitch partnership program, you begin by earning anywhere between $0.70 and $1.40 per 1000 views. This typically increases to $1.00 to $2.50 when you’ve built up your viewer base. Count this in with the clean split of the monthly subscriber donation you share with Twitch.tv and you can be pulling in some serious side money. After gaining popularity and building rapport as a consistent player, you can negotiate your eCPM with Twitch and possibly get a higher payout for each of the 1000 views you obtain.

Tips for Success

Here are some things that you can do to increase your chances of earning money with Twitch:

Interact with your viewers as much as you can. The more that you talk to the people who follow you, the more of an impression you’ll make on them.
Talk constantly, even if people aren’t tuned in. You never know when someone might join and you only have a few seconds to capture their interest.
Write a good description of your channel that will build interest.
Do a little research to find out how to add stream alerts to let you know when you get donations or new followers. Thanking them personally will go a long way toward building a good rapport.
Mention followers and donators on your streams. This can encourage other people to donate and follow you.
Create a schedule for streaming and stick to it. Not only will this help you to show that you’re a consistent streamer, but it will also give viewers the ability to come online to see your streams. If you are unsure you’re able to stick to a schedule, you can find plenty of tools to help you. One of the best to do this is TimeDoctor.

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