Is Webcam Modeling Worth Your Time?

       Here is a simple formula to figure out how much you need to charge on a cam site, in order to earn the amount of money you want to make from webcam modeling.

First you have to set an income goal

   $5,000 monthly  (account for taxes & expenses by adding about 20 %)

+ $1,000 taxes

___________

    $6,000 

Next, determine how many hours you want to work. 

  30 hours per week

x 4 weeks in a month  (3 weeks if you do not work during your "week off")

________________

 120 hours per month

Then, use this information to calculate your hourly rate.

$6,000 ÷ 120 hours = $50 per hour

   Now that you have you target hourly rate of $50 per hour, you can use this number to figure how much you need to charge on your cam site. You will also need to know your "private chat/free chat ratio". If you don't know what that is, then go to the "Tracking Your Money" post where I explained what this is and how to find your private/free ratio. Basically this ratio tells you how much time you spend in private chat for every hour you are online, on average. For this example, I will use a 25% private/free ratio and 35% as the amount of commission the webcam model makes on the cam site.

If $50 is your hourly target and you maintain a 25% private/free ratio

Your per minute rate is $3.33

If you get 35% commission and you want to take home $3.33 per minute, you would need to charge $9.51 per minute. 

How did I come up with that number? Remember your high school algebra you  thought you would never use...well yeah, guess what? Now you need it. 

If 0.35x = $3.33 what is x? 

This equation is asking $3.33 is 35% of what number?  To solve:

Multiply both sides of the equal sign by 100 

35x = $333

Divide both sides of the equal sign by 35 to get the value of x

$333 ÷ 35 = $9.51

x = $9.51

RECAP

IF you work 30 hours per week AND

IF you maintain a 25% free/private ratio AND

IF your rate is $9.51 per minute AND

IF you earn 35% commission on your per minute rate...then you will earn $6,000 per month working as a webcam model.

   Now keep in mind this is based solely on webcam modeling with a typical big box cam site. Some cam sites have paid groups chat, where each viewer pays a smaller rate, like $1.99 per minute. So then your focus would be to get enough members in your paid chat to equal $9.51 per minute for 15 minutes per hour. 

   If you do independent cam shows on the side or you are successful with selling clips, picture sets, panties and earning referral commissions, then this will free up time you have to spend earning money on regular cam sites. Again refer back to the "Tracking Your Money" post for more guidance with setting and reaching your income goals.