Live streaming websites provide a cheap and effective way to make money from your webcam or mobile device. Websites like YouTube make it easy for creators to earn money through donations or selling ad space. Many of these live streaming websites like hotlive have seen exponential growth in the number of people paying creators. In this post, you will find out the reasons behind the popularity of live streaming websites.
- It’s Easy To Start A Live Stream Site
Live streaming websites are easy to set up and start earning money in a short amount of time. The only requirements to participate are a webcam, creative video editing skills, and a YouTube account. On many live streaming sites like Twitch, you can even stream on mobile devices as well.
- Live streaming Is Cheap And Effective
Live streaming is quite cost-effective compared to other forms of content creation, such as writing articles or creating videos. Clearance costs for a video camera may range from $100-$500, depending on the brand. The average cost for running your own live stream site will be around $50 per month for hosting costs, website maintenance, and server fees.
- No Limits On Video Length
Unlike video hosting sites like YouTube, which require a set time for the end of a video, live streaming websites allow users to stream as long as they want. This provides endless possibilities for creative content creation.
- Communication With Viewers
Live streaming provides viewers with a chance to interact with the creator. You can interact with your viewers while making exclusive announcements like upcoming news or updates on current events. This also allows creators to promote different products and services through giveaways, contests, and product reviews.
- Live Stream Creators Can Be Paid
Many live streaming websites such as YouTube, Twitch, and Periscope offer a way to make money through ad revenue, donations, or subscriptions. It is even possible to connect your live stream with an online shop to sell your own products.
- Cheap International Communication
If your viewers are located in other countries, then it may be quite expensive for you to call them or send emails. On some of the top live streaming websites, you can have a one-on-one video chat with anyone worldwide for free.
Moving further, live streaming is very popular among teenagers and young adults. Live streaming websites like Hotlive have a wider user base than other social media forms such as Facebook and Twitter.