YouTube is watched by five billion people on a daily basis around the world. There have been no changes to YouTube in recent years, and users still spend an average of 40 minutes watching the videos on the site. It would make sense for you to learn how to make money on YouTube in connection with this digital shift that has gripped the world. The only thing you need to get started on YouTube is a computer and video editing software.
The young Ryan, for example, makes a whopping $22 million a year by playing with toys and disassembling them on Ryan’s Toy Review. Playing with gadgets can be a lot of fun if you have a good time.
There are a lot of ways to make money on YouTube these days, and it is not just for platinum musicians or huge influencers that make the most money. Everyday people have the opportunity to make money from YouTube in a variety of ways. It is important, however, to think strategically about how you go about this.
You can start earning money this year on YouTube by incorporating some of these strategies. I’ll explain them in this article. Come on, let’s get started.
The Best Way To Make Money with YouTube
As a content creator, it is possible to make significant income from YouTube, but it is also not the easiest thing to do. An average of 500 hours of video are uploaded to YouTube every minute across the globe.
Numbers do not lie, and numbers cannot be manipulated. There is a lot of competition, which makes making a lot of money online a bit more difficult than it used to be. The following are a few powerful strategies you can employ to boost your earnings potential from YouTube.
1: Monetize your YouTube channel by using affiliate links.
In addition to offering in-depth tutorials as well as insightful product reviews, affiliate marketing can be an appealing opportunity for channels that offer in-depth affiliate links.
If you recommend a product and a user clicks on your link to purchase that product, you will start earning commissions. This links can be placed within the first few lines of your description and you can mention the link in the video content.
The process of posting your affiliate links on your YouTube channel is very similar to promoting your affiliate links on your blog. It is therefore very important that you do not spam your YouTube content with affiliate links just to benefit from a monetary gain.
It is important to keep in mind that viewers will only click on these links if they believe that you are a trusted resource.
It is important to keep listening to your audience and keep helping them solve tangible problems as well as providing tutorials if you seek to build trust with them. The benefit of creating videos is that you will be able to offer solutions you have previously solved yourself.
You can join a variety of affiliate programs that are available to you. You can join a variety of affiliate programs in one place on popular affiliate networks like Shareasale or Awin.
2: Earn money from YouTube ads by becoming a YouTube Partner.
YouTube is the most important revenue stream for many of the YouTubers out there. There are a number of ways in which you can make money as a YouTube Partner. In addition to ads before your videos, channel memberships, and Google AdSense banner ads, you can also make money from these sources.
It is important to keep in mind, however, that before you can become a certified YouTube Partner, you will need to observe a number of ground rules. It is not only necessary to adhere to YouTube’s advertising rules but also to have at least 4,000 video view hours on your channel within the last 12 months, as well as 1,000 subscribers.
In order to get these foundational 4,000 hours, we do not have a concrete schedule or format. It’s possible to get 4,000 hours of content by combining 40 video movies and getting 100 hours of content for each.
One of the most popular videos in the world, Gangnam Style, achieved the one billion view milestone after taking a leisurely five months. Despacito on the other hand was less patient, rushing to 1 billion views in just 97 days.
If you have successfully reached the 4,000-hour threshold and win your place as a YouTube Partner, then you can start monetizing your channel with advertisements. There is now a green “$” next to the videos in your Video Manager that indicates you can now monetize your videos through YouTube.
While YouTube Premium removes ads for viewers for a monthly fee, YouTube still helps support creators by paying a percentage of the total number of people who watch a video. On the other hand, you may not always be able to rely solely on YouTube to generate revenue from advertising. In addition to YouTube, there are several other avenues by which you can increase your earning potential.
3: With the help of your fans, you can make money on YouTube.
When you’ve built up a following of loyal fans, you can ask them to crowdfund your channel, which can assist in funding your new videos and making you money.
In the process of getting paid for your content, a platform like Patreon puts an extra layer of seamlessness to the process. You can offer your fans the chance to sign up for their favorite channels for just one dollar, as well as go home with some exclusive rewards from their favorite content creators.
The Tipee service is another one that allows you to enjoy a combination of recurring donations as well as one-time donations.
In both the for-profit and nonprofit worlds, channels are using this fan-funding system throughout the videos they are producing to keep up with their production costs. It doesn’t matter how interesting, entertaining, or valuable your content is, you are going to be delighted with how your viewers will open up floodgates of generosity with you.
4. Learn how to optimize your YouTube videos for search engines.
If you are a video creator who has not built up a significant following yet, then you have to step up your game and maximize YouTube SEO in the coming year.
For this purpose, be sure to carry out some keyword research like you would normally do, but think about what people are searching for on YouTube rather than what you would normally do. The second thing you should do is to make sure you are using high-value keywords in your video’s title, description, and video tags.
It is possible to check your YouTube “Traffic Source: YouTube search” report once this feature has been launched to get an idea of what people are searching for when they find your hosted videos.
It is generally found that Google returns video results based on keywords like ‘how to’, ‘reviews’, ‘tutorials’, and ‘funny video terms’.
It is also important to consider five key YouTube ranking factors as well:
- The number of comments received
- After watching a video, a user subscribes
- Ratio of thumbs up to thumbs down
- Search results on YouTube showing a high click-through rate
- Video length
5: Use the YouTube marketing funnel to your advantage and make the most of it.
Create a YouTube channel that will optimize your sales. Start by picking a niche, becoming a YouTube partner, creating a funnel for your marketing, and much more.
One way that you can spread your message through YouTube is to use it together with a blog, but this gives you a much better chance of earning more money. In that way, you’ll be able to collect more email addresses and eventually sell products to your fan base.
It is also possible to repurpose content, such as articles or blog posts, and create short videos repurposed from YouTube that you could embed directly into articles. From there, you can send them back to your blog and to your affiliate links to both earn commissions and to build your blog readership.
It is another great option for you to sell merchandise through your YouTube channel by connecting it with an ecommerce platform such as Shopify. Listed below are some of the best YouTube merch stores that you can take inspiration from.
6: Take advantage of extra gains from YouTube Red subscribers.
It is possible to watch YouTube videos ad-free for a one-time payment of $9.99 through YouTube Red. Even in the absence of ads, content creators can still generate revenue and make a profit of 55 percent based on the average time spent watching. It is not certain whether YouTube Red will increase or decrease CPM rates, there are mixed reviews on this subject.
You can view all your YouTube Red statistics, including the numbers of how many people viewed your videos and how engaged people were with your videos, through the YouTube Analytics.
7: Join the Amazon Influencer Program.
There is a growing demand for Amazon influencers in the market. You can make money through Amazon recommendations with this program, which allows you to leverage your YouTube (and social media in general) presence.
By joining the program, you will have access to reviews and recommendations and be able to direct your viewers to Amazon to purchase the product using affiliate links. The commissions that you get when your viewers make an Amazon purchase directly through your video are typically between 8 and 10%.
It should be noted, however, that this program is not open to everyone. It is the number of followers on social media and other metrics that determine the likelihood of approval.
YouTubers make a lot of money. How much money do they make?
The answer to this question may be nothing or very little to thousands of YouTubers. For celebrities, this can mean in the millions every year, especially for popular YouTubers.
As ad revenue ranges from $0.35 to $5 per view, it is getting harder to make money, with an assumption of $1 for 10 000 views being the safe assumption. In order for your channel to be profitable, you need both views and a niche that your viewers are interested in.
It has become increasingly easy for YouTubers in highly-viewed niches, such as listsicles, news, celebrity gossip, makeup and beauty, and popular fails, to generate income. It is also possible to use YouTube revenue calculators to get an idea of how much money you can make based on how many views and how much engagement your videos receive.
In order to cash out on YouTube, how many views do you need to make a profit? The point at which YouTube pays you is when your balance reaches $100.
How about being able to earn from YouTube on a pay-per-subscription basis? YouTube has just announced a subscription service, which will be available to YouTubers with high follower counts.
Do you know how much 1,000 YouTube views are worth?
It is not possible to give a definitive answer to the question of what 1,000 views are worth. It is important to consider the industry in which you work, the number of people who click on your advertisements, and where you are located. located. All of this contributes to your average cost per thousand impressions.
In addition, advertisers can create a Google AdWords account for YouTube ads, after which they can choose an ad strategy based on whether to pay via cost per view (CPV) or cost per click (CPC).
In other words, you might receive 0 cents for one view, but $5 for the next if the viewer clicks on a high-value advertisement. If you use banner ads, you should assume you will earn between $0.75 and $1.00 per 1,000 views. If you use ads that play before your video starts, you should only expect to earn between $6-7 per 1,000 views.
It is possible to make money on YouTube, but it is difficult to do so with just YouTube alone. There’s no substitute for having a platform that you own, such as a blog, and using YouTube as a secondary traffic source.
A benefit of YouTube SEO is that it is not yet as competitive as organic SEO. In order to get into the game now and start generating traffic, you will be in a better position come 2021 when the competition is more fierce.