Live streaming has become increasingly popular as it offers a more intimate way for viewers to connect with content creators–and brands–than traditional media like television or newspapers do. For example, if you’re watching your favorite sports team play on TV, there’s no way for you to interact with them directly unless they have social media accounts where they can respond directly to fans’ questions (like LeBron James does). But if you watch their live stream online via Facebook Live or YouTube Gaming instead, then there’s an opportunity for interaction between fan and athlete!

Banner Ads

Banner ads are a great way to get started with your live stream. They’re easy to set up and don’t require any special knowledge of coding or design.

Advantages:

Easy to set up. You can create a banner ad in minutes using WordPress’s built-in tools, or you can use an online service like AdRotate (which we’ll discuss later).

Low cost per impression (CPM). The CPM for banner ads tends to be much lower than other types of advertising because there is no guarantee that anyone will click on your ad–you only pay when someone does click!

Video Ads

Video ads are a great way to monetize your live streams. They’re also one of the easiest ways to make money as a streamer, and they can be implemented with minimal effort on your part.

Advantages of Video Ads:

They’re easy to use. All you have to do is add an ad block into your stream that displays ads from YouTube or Twitch (or any other site) and then let the money roll in!

You don’t need any special equipment or software–just a computer, internet connection and webcam/microphone setup like any other live streamer would have already.

Finding Sponsors

  • Researching potential sponsors
  • Creating a proposal
  • Negotiating terms

Tips for Success

Build an audience. You need to build a following of people who are interested in what you do, so that when you start asking for money, they’ll be willing to pay for it. This can take time–you might not see results for several months or even years.

Create engaging content. Your videos should be interesting and entertaining enough that the viewer wants to keep watching them until the end (or at least most of the way through). You also want to make sure that there’s something unique about your channel that sets it apart from other channels with similar content; otherwise, potential sponsors won’t see any reason why they should sponsor yours instead of someone else’s.* Use analytics tools like Google Analytics or SocialBlade

Conclusion

The key to finding the right sponsors is to find people who are a good fit for your channel. If you’re an artist, look for brands that can offer you something in return for promoting their products or services. If you’re a gamer, find companies that sponsor gaming events and tournaments.

If you want to start making money from live streaming, it’s important to remember that there’s no one-size-fits-all approach when it comes to sponsorships–you need to find sponsors who are willing and able to provide value in exchange for your time and effort as an influencer on social media platforms like Twitch or YouTube Gaming (or both).