Let’s say you’ve just started on Twitch, but you’re not sure how you can monetize your channel. The first thing you should know is that there are several ways to make money on Twitch in a short time.
This, in addition to your talent as a streamer, can make your setup become your new workplace.
Take good note, because we detail each and every one of the ways to make money on the streaming platform that is the most popular.
1. Join the Twitch Affiliate Program
Joining the Twitch affiliate program is very simple and offers several monetization options. The requirements to join are as follows:
- A total of 500 live minutes in the last 30 days
- At least 7 unique direct flights in the last 30 days
- An average of three viewers or more in the past 30 days
- At least 50 Twitch followers
Unlike other platforms, the requirements are available to any streamer with regular activity.
However, if you find that you have become stuck and are unable to meet these goals, there is no need to worry.
In any case, being part of the Twitch Partner Program will be a step forward and will allow you to earn money in these three ways:
The main way to earn money on Twitch. For each user subscribed to the channel, you will get 50% of the subscription price. We remind you that the price varies depending on each country. Likewise, subscribers will have access to exclusive content of your channel (subscriber chat, emoticons pack and much more).
For the viewer, they are a way to encourage the streamer and achieve goals on the channel, such as sending a featured message or unlocking an emoticon. As for you, you will receive 1 cent every time a viewer or subscriber uses a bit.
Once you are part of the Partner Program, you can add advertising minutes during your live shows. You will be able to configure how much advertising you want your viewers to see or how often you want them to see it.
2. Affiliate Link
Much of the content on Twitch are gameplays. The truth is that watching a streamer play a new game is usually a determining factor in the viewer’s purchase decision. If the viewer sees that the game is good and can enjoy it himself, he is very likely to buy it.
You can take advantage of this to add an affiliate link to the game in question, either on Amazon or any other platform it is affiliated with.
➜ This doesn’t just apply to games. If you have an affiliate link to a particular service or product, you can do a constructive review on your channel and drive a good portion of viewers to the link.
Generally, you will take 5% of the purchase proceeds, although the percentages depend on each affiliate contract.
One of Twitch’s strengths is that it is a very collaborative platform. Great streamers are often supportive of newcomers and viewers are generous if they see that the content is good.
Therefore, another way to earn income is through donations. To get donations, modify your ‘About’ page, and place a button that directs to the Streamlabs platform. There, viewers will be able to make donations via PayPal.
These donations are usually useful when you ask for income that will be used to improve the channel. We mean using the donations to buy things to improve the setup or a new computer that allows you to stream the latest games.
4. Sell your services
Do you do online courses? Are you good at editing videos? Show your work live and start moving your business. You can show the whole creative process on Twitch so they can see that the product or service is worth its price.
A good part of the success of any streamer is their brand image. If you see that you are starting to get regular viewers, don’t hesitate to offer merchandising. Place a link on your ‘About’ page that leads to an online store.
Even if it means an initial investment, you will see that viewers are predisposed to buy merchandise from their favorite streamer , and even more so if you offer cool designs with your personal stamp.
How to see what you earn on Twitch?
Of course, you will be able to see what you have entered thanks to Twitch at all times. To do so, follow these steps:
- Log in to your Twitch channel
- Go to the Control Hive
- Go to Payment History
- Then go to the Channel Analysis section
Here we can see the details of our income, such as where it came from, what taxes and fees apply to it, and compare the results with previous months.
Will you have to pay taxes?
If you are going to generate income on Twitch on a regular basis, yes.
As with YouTube, your income on Twitch can be considered as a recurring salary. Therefore, experts recommend registering with the Régimen de Autónomos in the case of Spain and following the relevant regulations in each country.