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Easy Monetization with Video Game Streaming

online video game streaming

By Julie GilhamPublished 3 years ago 6 min read
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Do you love online video game streaming, but struggle to make money out of it? 

Do you wonder how those top streamers make such a large amount of money by streaming video games?

Well then, you are not alone. Plenty of streamers don't reach the monetization stage because of their lack of understanding about how to make money.

From generating traffic, to getting sponsors, selling merchandise to attracting big payers, making money through online video game streaming is a tricky process. Understanding this process is what makes all the difference: you make good money through streaming video games, or you make no money at all, everything depends on it.

However, it is not as complicated as it seems. Let's have a deep look at the various factors of monetization so that you can easily earn money by streaming video games.

Make People Watch

The first step of making money through online video streaming starts with the viewers. If you don't generate viewers, you hit the dead end of making a career out of video game streaming.

Though it seems difficult, it is actually a simple gradual process. All you need to do is be interesting. A good streamer consistently comes up with good games for his viewers to watch. Research well, what games are trending and popular, and consistently do live streams so that your viewers won't forget about you completely.

Interact well with your viewers, come up with engaging topics to spark discussions in the live chat, always observe the chat while you are playing and try to address as many comments as possible. Ask your viewers what they would like to see in the next stream; take suggestions and feedback; talk to them politely and try to build a personal level connection with your audience.

Also, focus on building up a brand name for yourself. Keep a catchy name and advertise it as much as you can to your viewers. Once, there is a substantial amount of viewership, invest in your viewers by conducting fun activities such as asking them to share your social platforms and subscribe, also carry out giveaways and hand out some cool gifts to your viewers.

All of these methods will gradually improve your interaction with your viewers, and your numbers of viewers will gradually keep growing. 

Now that you have viewers let's move ahead to various methods of making money through online video game streaming.

Sponsors

Once you have a substantial number of constant viewers, it will be easy for you to get sponsors. Contact game developers and communicate regarding sponsorship; if all goes well, you will be paid for playing their game.

If you keep engaging well with viewers, the developers will also contact you from their side and offer a sponsorship, if you stream their game next. Sponsorships, along with third-party advertisements, are usually the first steps of monetization for any streamer. 

Ad Revenue

Third-party advertising is the concept when a product owning company offers you money, to advertise their product in the middle of your streaming session. This is a very great way of earning some extra money as it takes only a few seconds to promote a product and the other exciting benefit is that these companies will often gift you the product that you will be advertising. Win-win all the way!

Donations

Now when your streams are doing well, and you are getting sponsors and ads, you can improve your monetization scenario by generating donations for your channel. You can ask for donations from the beginning of your career; however, fewer people will trust and pay as they hardly know you. While, at an intermediate stage of your career, your loyal viewers know very well that creating good content requires money, and many would be willing to help you out with small donations.

You can simply announce in the middle of your stream, how your viewers can donate money to you. It may seem like small money, but with a good number of viewers, small donations can add up and give you good money. Never underestimate the capability of your fans.

Merchandise

Now you can use your well-established brand name and profile to sell your own merchandise. You can create your own accessories such as t-shirts, caps, coffee mugs, mouse pads, and plenty of other such goodies with your brand name on it for sale. 

This method is also a win-win scenario; it not only generates money for you but also advertises your brand and creates further interaction with your viewers.

Subscriptions

When you are in a fairly advanced stage in your online video game streaming career, with a minimum of 500 to 1000 regular viewers, you can collaborate with your platform provider and third-party companies to offer subscriptions to your viewers. Subscriptions are a great payment option as it will provide you with regular and stable payments.

For example, the platform called Twitch allows partnerships once you have a regular viewership of at least 500 viewers. They'll pay you $2.50 per month for each new subscriber you gain. This may look like small money, but with time when you gain more and more subscribers, you will have a good stable income every month.

Split and Multitask

Once you become quite familiar with all the above aspects of online video game streaming, you can then gradually become independent by streaming your gaming sessions on different platforms. This will not only allow you to have more viewership and generate more money but will also provide you with safety in case you develop some issues with one of the platforms. You can then create pay-per-view content with some exciting video games and generate more income from it. 

The Conclusion

Overall, it can be concluded that, with a little bit of a grind, you can easily generate money from online video game streaming and if you are good at it, you can become one of the best in the business today. 

You don't have to spend hours thinking about what video to create; you just need to stream video games, and unlock the infinite potentials of this career option; along with it, you also gain popularity, and you can become a public icon by conducting various social activities with the help of your viewers. 

You just need to have the patience to gradually increase the number of viewers and then introduce different monetization methods at the right time to progress as a live streamer. 

Don't overdo it, keep your viewers happy and entertained, and give them a pleasant experience: There, you are now ready to become the next hottest thing in the world of online video game streaming. Let's Download GameSee App now!

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About the Creator

Julie Gilham

Julie Gilham is a Professional Blogger, SEO & WordPress Expert. I have in this industry for 5+ years and specializes in writing educative content on SEO, Social Media, businesses. I love to read trending news to keep her updated!

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