Do you like making money? Do you love streaming videos while other people are watching you? Well, then congratulations, since you can do both at the same time. It’s a known fact that Google actually pays streamers to share content, so if you’re curious about how to earn money live streaming, read on.
Earning money using video streaming is a hot topic right now. Everyone wants to know how they can make a livable wage from the comfort of their own home, doing their hobby. It’s an alluring proposition and one that seems much and more attainable with each passing day.
Most people often think that in order to make money, they need to have a unique talent or a master’s degree. But in reality, you just need a camera, mic, and a wifi connection. And in this blog, I’m going to share how you can turn your streaming hobby into a full-time career.
What is live streaming and how does it work?
First, let’s take a look at what live streaming actually is. Live streaming is the act of sharing video and audio content in real-time with an audience over the internet. It’s like having your own TV station, except that anyone with a wifi connection can view it.
Live streaming can be done through different channels, including YouTube, Vimeo, Facebook, and Periscope. The utmost favored platform by far is YouTube, with over 2 billion active users.
To live stream on YouTube, you need two things: a webcam and an internet connection. Do a quick online webcam test to make sure that your equipment is properly working. The webcam is what you’ll use to capture videos, and the wifi connection is what you’ll use to broadcast it worldwide.
How to make money while live streaming?
Now that we’ve discussed the basics of live streaming let’s jump at how you can earn money from it. As I mentioned earlier, Google actually pays YouTubers to air video content. The amount earned depends on different factors, including the number of viewers and the quality of your content.
But in general, YouTubers can expect to make wherever from $2 to $5 per thousand views. That may not seem like big earnings, but it can add up quickly if you have a huge number of viewers.
In addition to monetizing through Google, YouTubers can also monetize through sponsorships and advertising. Sponsorships are deals in which a company pays you to mention them in your ongoing streams or videos. Advertising is when a company pays you to place its ads on your channel.
Both of these forms of monetization are becoming increasingly common as more and more companies realize the power of online video. In fact, according to MediaKix, 82% of brands plan to increase their spending on YouTube advertising in the next year.
What are the types of live streaming content that are popular today?
The most popular type of content by far is gaming. Gamers are some of the dedicated and passionate people on the internet, and as a result, they have large and engaged viewers.
In addition to gaming, other popular types of content include:
- Food/Cooking
- Fashion/Beauty
- Pets/Animals
- Comedy
- Music
- Travel
- Lifestyle
Which type of streaming content is best for you?
Experimenting is the best way to figure out which content is best for you. Try airing different content and see which ones are the most popular with your viewers.
Remember that you don’t need to stick to just one type of content. Many YouTubers mix and match distinctive types of content in order to keep things interesting.
How to build an audience?
The fastest way to start building an audience is to market them on social media. Post links to your streams on Facebook, Instagram, Twitter, and other social media channels.
In addition, advertise your streams through your blog or website. Add a link to your live show in your blog posts and on your homepage.
You can also market your streams by emailing your subscribers or placing ads on websites relevant to the target viewers. The more you hype up your live streams, the more people will watch them.
How to maintain a successful live streaming career?
In order to maintain a successful live streaming career, you need to produce high-quality content that followers will enjoy. You also need to stay active on your social media channels and always market your streams.
In addition, it’s vital to be responsive to your viewers. Make sure to answer and respond to their comments. This will build a rapport with your viewers and keep them engaged.
Finally, remember to have fun! Live streaming is huge fun, so make sure to enjoy it.
Summing It Up
So there you have it, the anatomy of live streaming. Live streaming is a great means to share your thoughts with the world and make money while you’re at it. We’ve discussed the basics of live streaming, including how to get started, what type of content to share, and how to establish an audience. We’ve also discussed how to maintain a successful live streaming career.
We hope this blog has been valuable and that you now feel equipped to level up your hobby. Start streaming today!
