How can you make money on Twitch?
Well it is a very common question! First of all, after starting your channel on Twitch you would ratter setup up some things, as making a shcedule to get your viewers engage with you... Now you’ve got a few followers under your belt, how do you start gettings benefinits? the answer is you can’t directly monetize through Twitch right away, you can receive donations from any viewers that appreciate your stream, this can be done on day one. It’s super straightforward to set up, and people can give money with everyday methods like PayPal or credit card.
If you have merch (or personnal store) you can sell your merch on Twitch, if that’s your thing. Both donations and merch can be easily added as buttons on your channel’s homepage.
But, to get into the serious side of making money on Twitch, you should set your sights on becoming a Twitch Affiliate.
How to get Affiliate status on Twitch
One of the best ways to get cash on your Twitch channel is to achieve Affiliate status. And to do that, you need at least 50 followers, as well as the below within the last 30 days:
- At least 500 minutes broadcast
- At least seven days on which you’ve broadcast
- An average of three or more simultaneous viewers
After you hit these targets, you’ll receive an invitation to join the Affiliate program. From here, you can monetize pretty simply, with a solid number of subscribers by your side, you’ll be well on the way to banking a decent wage and making money on Twitch.
The simple way to generate income is to offer subscription perks. These can include exclusive chat rooms and emoticons, right down to merch discounts and giveaways. Subscriptions with tiers, starting at $4.99, rising to $9.99, and capping off the top tier at $24.99. As a Twitch Affiliate, you keep 50% of the total subscription fee. So, if you have hundred people subbing at $4.99 per month, that’s an approximate $240 in your pocket!
Once you’re an Affiliate, you can also make money on Twitch through Bits. Bits are Twitch’s own currency. Twitch takes 40 cents of that, leaving the value at 1 cent per Bit. If someone ‘cheers’ in your chat with a Bit, you receive that Bit (i.e., 1 cent.) It doesn’t sound like a lot, but if you have generous fans and strong output, you can make a descent revenue.
Like most video streaming platforms, you can also enable ads on your Twitch channel once you become an Affiliate.
How to get Partner status on Twitch
Beside Affiliate status, you have to apply to become a Twitch Partner. There’s a selection of variables to consider, which you can track in the ‘Path to Partner’ section. But here are the basics you have to nail in the last 30 days before your application:
- Stream for at least 25 hours
- Stream on twelve unique days
- Rack up an average of 75 or more simultaneous viewers
This doesn’t guarantee Partner status, but it’s the bedrock of the requirements. If you’re accepted as a Partner, you’re given the same perks as an Affiliate but with more adavntages like : you can store Video on Demand for 60 days, rather than 14 days. Features like this make the Partner program a more robust, professional tool that helps you earn more.
I hope you enjoyed reading this article!