There are various ways a person can earn money through the best gaming streaming platform. For some of them, you may need to have a good amount of fan following as well. For instance, if you’re an expert at playing casino games such as Norske Casinoer På Nett, or if you’re good at poker, you have the opportunity of making decent money streaming. You don’t necessarily need to like Dota 2 to have a fan base. If you wish to know more about the topic, continue reading.
About Streaming Sites
Online live video streaming sites have accounted for a much higher generation of revenue, which was around 80% in the year 2020. It’s safe to say that live streams of media content are one of the most popular ways to earn extra cash, like playing online casinos. It surely caters to a broad audience, but for that, you also need to put some extra work in as well. Apart from everything, there is more than one way a person uses to earn money through the streaming platform news.
Benefits Of Online Streaming Sites
Following are some advantages of using the streaming sites:
Growing an audience will help you increase awareness about your brand. It will even allow you to sell out more services and products.
Live streaming gives out an additional advertising and marketing opportunity at a meager price. Apart from that, you can also use your stream to have a pinned sales message without spending a penny on it.
These live-streaming sites allow you to gain honest feedback from your audience. The advantage is that you’ll have a better report of your work, which will benefit you in improving your services.
It allows you to monetize your streams in many ways, which is quite helpful in making extra cash.
Top 5 Ways Streaming Platform Ranking Will Help You Earn More Money
Given below is a streaming platform ranking list that will help you:
1. Generate Revenue From Ads
If generating money from ads is what you’re seeking, then there are a few platforms you can consider joining. This streaming platform list has some of the most common platforms that have shown significant results in the past. Let’s have a look at them:
It offers two types of mid-roll and pre-roll ads. Apart from these, it also displays some overlay and display ads.
Facebook also offers mid-roll ads. However, it is only possible if you pass a certain number of views on Facebook Live.
Twitch offers three distinct types of ad opportunities. It allows the in-stream type of ads, native ads, and display ads.
Advertising and marketing between a live stream are some of the most common methods. However, you should try to control the advertisement shown on your YouTube channel or live streams. Depending solely on monetizing options is probably not the best idea one would go for.
2. Regular Payment For Views On Streaming Platform Deals
Many major streaming sites allow streamers to earn based on the number of views on their videos. There’s some specific kind of support that needs to be taken care of to be applicable for these types of programs. However, these services are provided only to the program members. Some platforms do not offer this program, but hope are that they will do in the future. Let’s look around some platforms and how they’re handling streaming services and the streaming platform deals:
It has a particular membership program to allow a streaming platform for gamers. To open a channel in the account for this program, one must sign in for the YouTube Partnership Program. For signing up with the YouTube Partner Program, they need to be eligible for specific requirements.
Twitch offers a different paid subscription, which allows you to earn through subscriptions. However, it is only available when you’re either a Partner or an Affiliate. When a viewer subscribes to this program, he will get one free subscription by Prime Gaming.
3. Facebook Gaming
Facebook also has a gaming subscription program for streaming platform definition that is presently being worked on.
Talking about Mixer, it also offers a Partner Payment Program along with the subscription. It will allow users to maintain the payment through PayPal or even cards.
If the platform you’re using has such a program available, you should have such content that’s available only for your subscribers. This will motivate your loyal supporters to stick through and help you get more followers. You can also shout out or mention your subscribers to make them feel rewarded.
3. Launching Your Products
It is probably a fantastic way to earn more cash through this streaming platform example method. However, launching your products comes in various ways:
- Merch– Mugs, t-shirts, tees, etc.
- Books – Print books, guides, e-books, etc.
- Digital products– Guides, courses, tutorials, etc.
The type of merchandise, books, or even digital products you’ll be offering will depend on the work you’re doing. Make sure it is relevant to you and the audience.
You can also cast your products into something that provides value to your viewer:
- Membership website
These types of products may need to be worked on on a timely basis, but are surely worthwhile.
4. Joining A Scheme For Affiliation
These services include advertisers who promote different products and provide streaming platform free services. They’re typically tasked to make people join it with the help of a referral or any link. Daily commission of 5% to 30% is not that hard to generate with this method.
Opportunities are available for affiliation:
- Seek Amazon’s Associate program
- Contract brands that fall in your niche
- Searching for the brand followed by “+affiliate”
This method is used by various businesses as well. They use it to promote their services by giving some benefits to the streamers that sign up. You may earn fewer profits in comparison to other methods. Although it is not a stable income, you can always try it for fun.
5. Applying For Sponsorship
This is one of the unique ways for you to earn extra bucks. It also provides a useful guide for getting started to earn money. This method came out as public news in the year 2019 when Ninja was asked to play Apex Legend for $1 million. Ninja sponsors news on Twitch as a part of the sponsorship deal. This was also used on the streaming platform before Twitch for earning money as well.
Professional gamers use different methods to include their sponsored content on different sites. It’s important to take care that the whole process doesn’t look obvious. Following are some examples:
- Mentioning the sponsor
- Introducing the product
- Sharing a short personal social proof
Various sponsors pay around $15 to $50 for every 1000 views. This means that if your live stream is getting 5000+ views regularly, you can earn some good cash from it.
By using any of the methods discussed above, there are many ways a person can earn money through a streaming platform. However, it would be a bit of an exaggeration to depend on these methods solely for income. There is significant streaming platform growth in the market. As a side hustle, they’re some of the best ways one can use while enjoying its stream. Additionally, don’t forget to tell us about your favorite method in the comment section below.
Jeffrey Bishop (Author)
Jeffrey is a professional poker player who also loves to write for various publications. With a Bachelor’s degree in journalism, he started playing poker in his early 20s and made a decent living out of it. He currently lives in Seattle and loves emerging technologies.
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