How to make money from live streaming

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Introduction

• When we talk about money through online platforms
  the first thing that comes to your mind is a
  blog, right? However, there is something even
  better which people are using these days and that
  is vlog or video streaming app.

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Why Videos?

• Anyone would love to watch a video any given day
  than sit and read an entire draft or thoughts of
  another person. This is why all sorts of videos
  go viral and the creator of the videos gets all
  the cash.

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2 ways to start making money online with a live
video broadcast.

• You create your own video streaming app/website.
• You can simply start posting videos or stream
  live videos in your leisure time on a
  well-established website.

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Making Money in Real-time with Your Own Website

• However, many people want to start their own live
  streaming video website so as to leverage all the
  money they make. Webinars and informative live
  video streaming becoming popular these days. When
  it comes to certain topics, videos or streaming a
  live video is much better than writing long pages
  explaining its nuances.
• This is why people are either looking for
  podcasts or live videos to learn things. The
  added advantage of a live video is that it can be
  used to ask questions on the spot through the
  comments section.

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Smart way to build a video streaming website

• If you have already thought about creating a live
  video streaming website, then you can either hire
  developers for the task or get it done through
  service providers. There are various turnkey
  software that shall help you create a live
  streaming video website. One such robust turnkey
  software that can help you in putting together a
  good live video streaming website is StreamHash.

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Monetizing your Live Videos

• You have created your own website to stream live
  videos but how to you monetize it effectively?
  There are several ways to do it, some direct and
  others indirect. Some common ways are
• Pay per view live broadcasting
• Asking your viewers to subscribe to your website
  to view the videos
• Get in touch with sponsors who like your video
  content.
• Use crowdfunding to ask people to help create
  content for your website.

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Pay per view and subscription

• This is the most common and the simplest way to
  make money. You should simply ask your viewers to
  pay for what they are watching. Few of the live
  video streaming websites have a paywall option. 

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Advertising and Sponsorship

• Advertisements are a great way to earn money.
  When you have a strong base of viewers for every
  single video of yours, various companies shall
  pay you to display their ad on your website. 

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Getting traffic for your website

• Once you have created your live video streaming
  app or website, the next important thing is
  viewers. You wont be able to make money unless
  people are watching what you are broadcasting and
  in order to achieve millions of viewers for a
  single live video, you will have to get traffic
  to your website.

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Crowdfunding

• This method is not limited to asking for
  donations only. You can even reward the people
  who donate to your live streaming videos by
  offering products such as already uploaded video
  for download or accessories or anything that
  comes to your mind.

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Conclusion

• When it comes to making money online, the ideas
  are available in plenty. People who really want
  to make money will get creative and that is what
  matters. If you have an idea that will either
  make people laugh or educate them in any manner,
  then there is no better medium than a live video
  streaming app or website to put it up. Read more
  at https//streamhash.com/making-money-live-video
  -streaming-app/

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