Can You Actually Make Money By Live Streaming on Youtube

Mika

VIP Contributor
One of the easiest types of content you can create on youtube is live streaming. You can live stream an event, an online class, a gaming activity, a question and answer session, etc. However, the question is can you actually make money through live streaming on youtube?

There are different ways to make money through live streaming, for example,

Selling subscriptions through Patreon

Selling Merch

Sponsorship

Through ads, etc.

In order to make money from ads, you need a monetized youtube channel. If you want to make money through sponsorship, you need a lot of subscribers in order to impress sponsors. Selling merch will work as long as there are viewers willing to buy your merch. Likewise, you make money through Patreon only when someone is willing to pay for a subscription.

Therefore, the key to making money through live streaming is to have a lot of viewers on your live stream. You can have a lot of viewers only when you are a popular YouTuber and you are offering valuable content through live stream.
 
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