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How to make money from livestreaming: Twitch, TikTok, and Instagram

How to make money from live streaming: Twitch, TikTok, and Instagram

Over the last two years, live broadcasting has grown on major social media platforms due to the pandemic and growing interest in video content. That means more revenue for creators who earn hundreds and in some cases more than $ 1,000 a week to survive.

Live shopping on platforms like Instagram or store-targeted apps like PopShop Live, which has helped influencers become popular, is said to hit the $ 6 billion U.S. market this year. And marketers are betting that this will be the top priority of the influencer sector by 2022.

Twitch, a platform designed for and around live broadcasting, grew from 1.6 million average viewers in March 2020 to 2.5 million viewers last month, according to TwitchTracker, which follows Amazon’s website analysis.

Whether they go live on Twitch, Instagram, TikTok, or YouTube, influencers of all kinds use this format to connect with fans and make money.

Influencers can use live broadcasts to make money by getting tips from audiences, entering into paid brand partnerships, selling products, or paying viewers fees to subscribers or channel members.

Lucy Davis, a 40-year-old interior designer at ASMR, has built an audience of more than 500,000 followers thanks to a live broadcast on TikTok. During each TikTok Livestream, he can earn up to $ 300 thanks to the “gifts” feature of TikTok virtual tips sent to him by viewers.

James Curtis began streaming in April 2018 and gained fans by combining ASMR content with “Apex Legends”. He plays under the username “Darker4Serenity” and has more than 27,000 followers. He earns about $ 2,600 a month from subscriptions, sponsorships, and donations to Twitch.

Insider spoke with various creators, startups, and industry insiders about the growth of live broadcasting and how creators make money by broadcasting live.

How much money do live content creators make?

On TikTok:

How an ASMR creator makes up to $300 per-livestream

On Instagram:

How one micro influencer uses live shopping as part of her affiliate marketing strategy

How one Instagram creator made $1,000 in about one week by livestreaming and getting”Badges”

How influencers are getting paid hundreds of dollars to go live with “Bonuses”

How some influencers are landing sponsored livestreams for hundreds even thousands of dollars

On Twitch:

How a Twitch channel known for ‘Dungeons and Dragons’ earned over $9 million in the last 2 years

How much a Twitch streamer earns in a month combining gaming and ASMR

How a Twitch streamer with over 29,000 followers makes $2,800 each month

On live shopping platforms:

How an influencer is making almost as much money using Amazon Live as she is doing brand deals

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Written by Anthony Clark

Anthony Clark, is an entrepreneur, writer and social-media manager. Driven by his passion for finance, business, & technology, he takes pride in providing the best growth hacks possible. His skills include website development, ad campaigns and client acquisition.

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