3 ways to make money as a Live Streamer

Although there is no one way to approach a genre as creative as Live Streaming, there are certain proven ways to help one create their Live Streamer profile effectively. The days of live streaming being exclusive to gamers are long gone. The Global Video Streaming Market is expected to grow by $ 186.82 billion by 2025, progressing at a CAGR of 18.41% during the forecast period.

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There are a lot of different ways to get started with how to make money streaming. So for this article, we’ll look at what is streaming, how much money you can potentially make, and some ideas to get you started.

There are 3 ways you can get paid for your live video streaming:

  1. Launch your own platform and website

It’s never been easier to create a feed, stream content you love, and get paid for it. And, thousands of streamers are flocking to platforms to do just that. But, After every boom comes an inevitable bust. Live streamers and broadcasters are realizing creating their own live streaming website is the only way to: Survive the coming industry bust, Secure the long-term future of their business. This is a standalone platform that you own. One where you can stream content, connect with viewers, and build an engaged community around your topic. Having your own platform allows you to keep creative freedom, control your income, reach more people (away from algorithms) and have something that is yours (with your own branding).

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  1. Create your own content

Unique content has never disappointed anyone in any domain in terms of monetization. Creating quality and authentic content is vital in order to stand out amongst the millions of Live streamers creating content on a regular basis.  You can achieve that by doing impromptu sessions at times that would be unexpected and hence unpredictable increasing curiosity amongst the viewers. Another way is to engage with the audience with a Q and A session or create live webinars, talks, workshops, masterclasses etc.

  1. Run ads during your live stream

If your channel is enabled for monetization, YouTube will trigger ads to serve on your content, if eligible. Ad serving is not guaranteed and some viewers may not see an ad. Live streams can be eligible for Pre-roll ads run before the live stream that are viewable on mobile and a computer, Mid-roll ads run during the live stream which can be manually inserted during computer streams and Display and overlay ads run beside or over content that is viewable on a computer.

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