How much money can you make from live streaming?
Casual streamers typically earn a few dollars each stream. Consistent and average broadcasters can earn anywhere between $100 – $2000 per month. But the most popular live stars have unlimited earning potential… some make millions of dollars a year from going live!
How much does a streamer make Live Streaming on Tango?
Tango streamers can make up to $2000 a day – and many often do! The most popular Tango streamers are able to make annual incomes of well over six figures ($$$!!! ) from gifts alone.
Get Paid For Live Streaming – Live Stream Income:
“From blogging to video making, there has never been a better time to earn money online. Content creators are discovering one of the easiest ways to make money online: Live Streaming.”
What is the Most Popular Genre To Stream?
According to restream, Esports account for 54% of the live streaming traffic. Music, sports, and entertainment are 17%, professional content is 9%, and everyday content (people filming their normal lives) is 6% of live streaming. This leaves only 14% for every other genre of streaming.
How to make money Live Streaming:
(With this guide even nana could do it)
First thing you’ll need is a reliable live streaming app – that’s Tango! Now you need a strategy.
Below are the 7 best ways to earn money streaming live:
How to make money with live streaming:
First thing you’ll need is a proven live streaming app – that’s Tango! Now you need a strategy.
Below are the 7 best ways to earn money streaming live:
|1. Gifts||Getting gifts on Tango is easy! Start performing and you’re sure to find fans who appreciate your hard work!|
|2. Premium Content||After 1-3 months of streaming, you’ll likely have a small following. Begin offering premium content for people who truly love your streams!|
|3. Subscriptions||The more your fans follow you, the more they’ll want to subscribe so they never miss a stream. Tango offers various subscription levels so that you make money each month.|
|4. Tango Cards||Buy, sell, and trade your or any user’s unique Tango card and make a profit!|
|5. Partner Program||Sign up on our Tango’s Partner Program homepage and start making a commission on your streamers’ earnings!|
|6. Friend Referrals||For every friend you bring to Tango you will earn money every time they earn!|
|7. Masterclass||A masterclass lets you teach other streamers how to be as successful as you. It takes time, effort, and patience but it is worth it!|
How do people earn money on Tango?
On Tango, users buy coins that they can use to support talented creators (that’s you!).
- 5,000 Diamonds – $25
- 10,000 Diamonds – $50
- 20,000 Diamonds – $100
- 50,000 Diamonds – $250
- 1,00,000 Diamonds – $500
- 2,00,000 Diamonds – $1,000
- 3,00,000 Diamonds – $1,500
- 4,00,000 Diamonds – $2,000
How you get a Complete Live Streaming Income
While making money is definitely something that is worth considering as you begin your streaming journey, it should not be your number one priority. The truth is, that it will likely dedicated effort to make the kind of money that will let you quit your day job and rely only on streaming.
Your number one goal when streaming should be to have fun. If you enjoy what you’re doing in front of the camera, then your fans will too. You’ll have the energy and the drive to get home and start streaming each day.
Once your fan base continues to grow you’ll find that it’s easy to make money without even having to try. Making money is the reward, not the journey itself. Streaming is about connecting with people, having fun, and putting something you’re passionate about into the world. As long as you do that and follow these steps, you have the best possible chance of turning that passion into a profit. Best of luck to you!
Earn a live streaming income:
While earning an income by live streaming is definitely something that is worth considering as you begin your streaming journey, it should not be your number one priority. The truth is, that it will likely dedicated effort to make the kind of money that will let you quit your day job and rely only on streaming.
Your number one goal when streaming should be to have fun. If you enjoy what you’re doing in front of the camera, then your fans will too. You’ll have the energy and the drive to turn on your phone and start streaming each day.
Once your fan base continues to grow you’ll find that it’s easy to generate a live stream income without even having to try. Streaming income is the reward, not the journey itself. Streaming is about connecting with people, having fun, and putting something you’re passionate about into the world. As long as you do that and follow these steps, you have the best possible chance of turning that passion into a profit.
Multiple sources of streaming income:
For those whose sole focus is earning that live streaming income, you’re going to want to try out as many different ways of making money online as possible.
Create masterclasses, connect to your social media and YouTube accounts, and invest time in creating a stage that reflects your stream and really makes you stand out! If you follow the steps we’ve laid out for you in the above section, there’s no doubt that you’ll be earning a live streaming income in no time.
You can also generate passive income by utilizing Tango’s partner program and friend referral program. That alone should be enough to earn you a large income without having to turn on the camera once!
Of course, if you want to maximize your income, you’ll need to turn on the camera so you can enjoy the most live streaming money possible!
Get paid for your live streaming content
Part of the magic of live streaming is the ability to get money as you’re posting content. Everything is now! Immediate:
There’s no waiting and checking back later. Everything happens while you’re streaming meaning you can see your success the second you start broadcasting.
Live streaming makes money opportunities
For years live streaming was nothing more than a hobby for gamers looking to connect online. Today, it is quickly becoming one of the most profitable forms of content generation for both people and companies.
According to Daily E-sports, live streaming increased a whopping 99% between April 2019 and April 2020. The entire live streaming industry is estimated to be worth about $70 billion today, and it’s expected to grow to $180 billion worldwide by 2027.
Knowing this, ask yourself, do you want to be a part of the live streaming revolution?
Whether your goal is to find new friends, be at the cutting edge of new content, or make your own income, we’ve barely begun to scratch the surface of what live streaming has to offer.
The first time you get a gift is going to feel like a bolt of electricity running through your body. It’s a sure sign that you’re doing something right, and a great feeling to have as you begin your streaming journey.
Over time these gifts add up. As you get bigger you’ll likely find more loyal fans, some of whom are willing to give a lot to your stream! That’s an incredible situation to be in!
How do I get gifts?
Simply put – provide content people enjoy.
Whether it’s art, jokes, or just chatting, people love giving gifts when they feel like they’re getting something in return. Make sure you’re giving 100% to each stream, and focus on your audience’s needs.
The golden rule of streaming: the more you care about your audience, the more they’ll care about you!
Stream Premium Content
One thing that motivates people to pay for streaming content is exclusivity. Rather than having the entire stream pay-per-view, have only a portion of it be paid. Leave the rest free for your loyal viewers to keep watching, something that will only encourage them to want to follow up on your new content and watch that as well.
As tempting as it might be to put your most valuable content behind a paywall and charge a premium amount for it, avoid this impulse as it will only lose you viewers.
Keep the price reasonable, and you won’t have to worry about alienating any of your loyal followers while still being able to make an income from paid-only content.
What’s better than getting gifts? How about having people pay you on a monthly basis to view your content? Keep in mind that those subscribers are going to expect special treatment and content just for them. So make sure you’re giving your subscribers something unique like:
- Q&A sessions.
- Behind the scenes streams.
- New music / routine that nobody else has heard / seen yet.
- Private lessons.
Tango makes having subscribers super easy. With one click you can create special streams that only they are able to enjoy. Tango also allows subscribers to send you instant messages which makes it easy to stay in touch.
You can also send them special promotions and updates about when your next stream is.
Take advantage of the opportunity to talk with and get to know your subscribers. It really is a fantastic way to connect to your audience.
Buy, Sell, and Trade in the Tango Marketplace
The Tango Marketplace is where Tango users go to buy, trade, and sell Tango cards – unique cards that every streamer with over 10,000 diamonds has or every member of the Tango Loyalty program above silver has.
You can customize your cards with your own photo and encourage your fans to buy them and hold on to them as a future investment. The more popular you become, the more expensive your card becomes as well, and when your card owner decides to sell it, you get 10% of the profits every time!
This is what makes Tango Cards such a fantastic digital asset, and what makes Tango such a unique place for live streamers to come and earn. It’s a way to make money that doesn’t require any active work on your part. All you have to do is focus on your streaming and, the bigger and better you get, the more money you’ll likely make from your card!
Join the Tango Partner Program and become an Agent
Tango partners help streamers reach their highest potential by coaching them and setting up events on their behalf. In return, the Tango Agents receive 10% of all their streamers’ earnings.
For someone who has an agency with multiple streamers, this can mean thousands of dollars in passive income!
Of course, being an agent doesn’t mean you just get to sit back and do nothing. Streamers are going to expect you to help them out and promote them so that they get more viewers, fans, and all-important gifters. Make sure that you’re looking out for and taking care of your streamers. The more you do, the more they’ll look out for you as well!
Earn Passive Income by Referring Friends
Inviting friends is a simple and fun way to earn more and have more fun while on Tango!
Every time you send out your referral link on Tango, and someone uses it to download the app, you’ll get 10% of their earnings! To be clear, we’re not taking money from your friend. Your friend still keeps 100% of what they make – you just get an additional 10% from Tango as well and this will last for 2 years!
Sound to good to be true? It’s not!
It’s not only way to make a fantastic passive income and another reason to support a friend, but it also makes Tango more fun for you. Now you have a friend that you can go live with, do battles with, and enjoy succeeding together with.
Do Lessons or a Masterclasses
If your content is so good that people are reaching out to you asking for lessons – why not do it? Creating a masterclass is easy and not costly.
There are a few ways to do this via livestream: the first is to offer a one-on-one lesson with one of your higher paying viewers. This makes it easier to be certain that your student is understanding the skill you are trying to teach them, and that nothing gets lost.
The second option is to do group lessons. Although it might be a bit more confusing doing a group lesson (putting others on mute might be the key here) you are able to charge multiple people the price of having a private class. It also gives your fans the chance to meet each other and build a community from your classes.
Most popular way to earn on your live stream
So, we’ve given you numerous ways to earn, but out of all of them which is the most popular? The answer is probably going to surprise you… but the number one way that streamers earn money is from gifts!
If you’ve never streamed before you might be a little doubtful, but the more veteran creators are already nodding their heads.
For the most part, you can expect between $1 and $2 worth of gifts during a live stream. As you progress as a streamer you might be getting a hundred dollars a month, then a thousand. Some of the most successful streamers earn a full-time salary while others are making millions!
How much the average person earns based on stream time:
Take a look at the chart below to see just how much money the average streamer is making based on their time streaming:
|Minutes Streaming||Amount Earned (diamonds)|
*chart based on internal data from Tango Live*
Live Streaming App that Pays You:
Tango’s Top 10 Features To Help Live Streamers:
Tango’s gifts system allows you to receive virtual goodies from your viewers and fans. These gifts translate into diamonds, the in-app currency, and more diamonds = more cash. When you’re ready to cash out, you can then turn those diamonds into real world money that you can redeem easily through Payoneer.
2. Popular Category
Live-streams on Tango are displayed to viewers through different categories of interest, including: Nearby, Popular, New, and Artists. A musician, for example, can increase their exposure by ranking high in multiple categories (such as Popular and Artists). In order to get into the most competitive tab (Popular) you have to be consistently creating new content and gaining more views. Stick to it and it will happen to you too!
Tango’s leaderboard functionality tracks the most popular streamers of the day, the week, and all-time. It goes without saying that if you’re able to appear on this leaderboard, it’s a great way to get noticed by people who are looking for their new favorite streamer. And of course more eyeballs = more gifts and revenue!
4. Tango Moments
Tango Moments is a feature unique to Tango, so be sure to take advantage of it! Essentially acting as a sort of highlights reel that can be viewed by people even when you’re not streaming, they show the top moments during your live-streams and preserve your reactions for posterity.
Another great asset to Tango’s Happy Moments feature is that these short, engaging clips can be shared directly to Instagram and other social media sites, promoting your streams and bringing in more viewers. You can also boost your income on the platform by specifically asking your viewers to send you gifts to help you create more great shareable Moments.
6. Live Battles
Tango live battles are a fun way to connect with other streamers and gain new fans. Go head to head with other streamers and let the audience decide who wins! Aside being crowned the winner, the person who comes out ahead in the battle will also get a bonus gift from Tango.
The advanced analytics that Tango provides gives you instant feedback on your live streaming performance so you know what’s working and what isn’t. You can check your daily earnings, stream lengths, and the number of new followers that you received. You should keep your eyes on these statistics and try to improve upon them over time.
8. Friends and Notifications
The features in Tango are geared towards helping you develop your community and talk to your fans. You can view all of your followers in your profile, follow the most active ones back, and start chatting with them. The more you engage with your fans, the more they’ll engage with you. More engagement means more loyal fans and bigger gifts!
9. Loyalty Program
The Tango Loyalty Program recognizes and rewards the biggest gifters on Tango. Keep an eye out for anyone who enters your stream with a bronze, silver, gold, elite, royal, or diamond crown, they might have an incredible gift for you!
With that said, you should also treat every viewer as a VIP, which is why it is a good idea to interact with everyone and make sure to give shout outs to any new viewers when you see them. You never know what might turn them into long-term fans of yours!
10. Referral Program
Tango’s Referral Program allows you to earn money by telling your friends about Tango! Every time someone signs up using your link, they’re credited to you as a referral. You then receive 10% of all of the diamonds that they earn in their streams for the next 6 months. Everybody wins!
You can access your Referral code in the Referral Program tab in the app.
What are the best live streaming apps to make money with?
- YouTube live
- Facebook Live
- Instagram Live
- LinkedIn Live
- Twitter Live
- TikTok Live
- Snapchat Live
How much does a person make live streaming in Tango?
Tango streamers can make up to $2000 a day – and many often do! The most popular Tango streamers are able to make annual incomes of well over six figures from gifts alone.
What is the most popular genre to stream?
According to restream, Esports account for 54% of the live streaming traffic. Music, sports, and entertainment are 17%, professional content is 9%, and everyday content (people filming their normal lives) is 6% of live streaming. This leaves only 14% for every other genre of streaming. Ready to start earning big? Make sure you first download the Tango Live app either on desktop or from the Google Play Store or Apple App Store. While you’re at it, keep checking our blog for even more updates, and follow us on Facebook and Instagram for exclusive deals and important information!