Earn Over $5,000 Per Month As A Twitch Streamer
by Admin Joe
published – Oct 31st 2022
Try as they might, the majority of people who attempt to live stream as a professional on twitch struggle to profit or even make any money at all. Trying to turn Overwatch or FIFA sessions into a real job from scratch is no quick or easy feat in this environment.
The player may eventually have to call the whole endeavor a hobby that they do on the side (rather than a legitimate full time job from home that pays well). This is absolutely fine if you want this process to simply just be a pastime. But, what if you plan on earning pay to play games on your computer or console remotely?
The good news is that with some experience, hard work, development, and a little help it is very possible to turn twitch streaming into a successful and viable business for money.
With a few tips and ideas from myself, you may in the future rake decent revenue from your desk if you possess the right qualities. You may even make a living earning six figures along with the very best and most followed creators.
A brief guide to twitch earnings growth for beginners
Along with its popularity, Twitch’s annual company profits have increased steadily over the last few years. It’s important to realize that there is plenty of money floating around out there for you to grab.
Furthermore, twitch has its very own virtual currency (known as “bits”). This is a way of making transactions between viewers and creators a little easier. One bit is equal to 1 cent ($0.01).
The biggest and best streamers are able to play to earn good money with a monthly income of anywhere up to £5,000. However, the creators at the very top have been known to earn much more than that.
Competitive gaming rivals in your online streaming career
The highest paid streamers and influencers who have found fame such as Ninja, xQc (Félix Lengyel), or Loeya are rumored to earn tens of millions of dollars of wages per year.
Even if you can’t achieve that remarkable figure, anything less than that in twitch culture is still really admirable. As the saying goes, shoot for the moon and you may land among the stars.
Professional twitch streaming is extremely challenging and the stars may not align for you no matter how hard you try. In this case, there is no reason to worry. There are much simpler ways that you make money playing video games.
One such method is by using the mobile rewards app mistplay. This app pays you to play mobile games on your electronic device so it’s definitely worth checking out.
How to monetize & make money from viewers on your journey
You should earn an average income of roughly $20 per 1,000 viewers on Twitch. A streamer with an average viewership of 1,000 can earn over $1,000 per month. If you live frugally, this should just about be enough income for most single people quit their day job if they so pleased.
If you do some research, there are techniques and opportunities for creators to convince their subs to donate money. As a reward, the streamer will offer options to make the game more challenging for themselves.
In order to prove your mettle, you could fulfil certain requirements. This might be you refusing to use your favorite weapon in Call of Duty or increasing the difficulty settings in Rocket League for cash.
It can also be worth it for you to take on extra responsibilities like setting up your own merchandise. This way your sub count can pay you as you sell items to them such as:
- t-shirts
- hats
- mugs
- hoodies
- stickers
- jerseys
- anything else you can think of
Earn more money by striking a better deal for your remote business
Similar to problems on platforms like YouTube, ad-blocking tools and software used by visitors can easily hinder your profits. Although, I wouldn’t worry too much as the majority of people don’t tend to use it.
Some loyal followers from your community may actively choose to put you on a white list. This will mainly be because they understand the need for monetization and want to support your business goals.
As a creator becomes more established, they may be able to gain access to perks like negotiating increased percentages from your income streams on twitch. They can even establish separate arrangements with outside companies in the form of top paying sponsorship deals.
A number one streamer who can beat the competition has value and will be in demand by other platforms. My advice to you would be to use this quality as an argument for a bigger slice of the pie from sponsors and advertisers.
Get paid real money for your successful home based work
You can withdraw a minimum of $100 at a time on twitch so it might take a while to break through this threshold as a novice. Any twitch earnings not cashed out in due time will roll over to the next month. Twitch payouts normally occur approximately 90 days after you have initially earned the money.
It’s far from easy for creators to thrive financially on twitch but if you make the right decisions, it can be done (even on a part time basis). After convincing their parents, some kids and teenagers have been known to earn legit cash at entry level on Twitch so why not you?
Before jumping straight into the deep end, you should stop and think for a second. I would advise you to learn as much about twitch streaming and other methods of professional gaming as you possibly can. An effective way of doing this is by reading self-help books on the subject like this one.
Typically, a higher viewership means more income so try to focus on providing valuable content so people want to engage with you. There are several different ways you can do this including putting forth a good marketing strategy. Do this not only on the twitch platform but elsewhere too.
If you want to reap the benefits and rewards of live streaming, you should focus primarily on gathering followers from various sources both on and off the platform. Your follower count is the people who will earn you your money which is why they’re so important if you want to earn a living.
Earning a decent salary at home on twitch comes down to providing value and putting on a good show for the viewer. You might not know where to start, but I can help you learn How To Make Money As A Successful & Popular Twitch Streamer.
How much money do you expect to earn on twitch as a new streamer? How will you personally go about boosting your earnings over time as a twitch creator? Please don’t forget to share this with your friends and like it on social media. You can subscribe to our newsletter and comment below too. Thanks for reading!
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