Do you want to make money with YouTube? If so, you’re in the right place! In this blog post, we will discuss how to make money with YouTube and give you some tips that will help you generate revenue from your videos. YouTube is a great platform for making money, and with the right strategies, you can start generating income from your channel today!
Join the YouTube Partner Program
The YouTube Partner Program is a program that allows popular YouTubers to use specific tools on the site. You don’t have to be a partner to make money on YouTube (just creating an AdSense account and obtaining views is enough), but being a Partner makes things much easier.
YouTube partners have access to a variety of sources of cash: not just video advertisements, but also YouTube Premium subscription fees and features that tap into your dedicated followers’ wallets directly, such as Super Chat, channel memberships, and the merchandise shelf (more on these later.)
Sell your own merch
Perhaps you consider yourself a content creator first and an entrepreneur second. Alternatively, you’re an entrepreneur first and a video creator second, implying that you have a product to market on YouTube.
By creating videos around your products, you could rank highly in search results for relevant terms (like a product review or unboxing) and get discovered by potential customers who are looking for videos about your type of product. From there, you can link to your online store or encourage viewers to find you on social media or other platforms.
If you don’t have a product to sell, but you’re an artist, you can sell your artwork on sites like Redbubble and Society6, which print your designs on a variety of products (like t-shirts, mugs, phone cases, etc.) and send them to you. You just need to upload your design and set your price, and the site will take care of the rest – and then start creating video content about them!
Create sponsored content
You don’t need to be on Instagram to be an influencer. The #sponcon approach has the advantage of not requiring you to give YouTube a portion of your earnings. You directly negotiate with the brand and are paid directly. It makes perfect sense that YouTube celebrities are turning to this as a profitable method of generating revenue.
If you have a large, engaged audience that is relevant to the target market of a brand, they will most likely contact you.
Become an affiliate partner
Look for firms utilizing affiliate marketing if your YouTube audience is devoted and engaged but not yet quite there in terms of headcount.
The average YouTuber, on the other hand, earns a living by selling advertisements to businesses. They might get money from subscriptions or sponsored videos and live off it for months. Some of these influencers earn thousands of dollars in commission alone every month reaping endorsements from their vlogging fans. The best part? This is completely legal as long as the YouTuber declares it in their video and blog posts.
License your content to the media
When a video goes viral, every news outlet wants to get their hands on a copy in order to replay it for their viewers. Fortunately, established media organizations are aware that they must pay for what they use. You’ve just discovered another method to generate money on YouTube.
Making sure you’re simple to discover as a content creator is all it takes to license your most successful work to the media.
How much money can you make on YouTube?
Unfortunately, the answer is infuriating: it all depends. As 9-year old YouTube star and multi-millionaire Ryan Kaji’s tale demonstrates, the sky is the limit. However, achieving 7-digit wealth takes time, hard effort, and good luck.
AdSense is the most important source of revenue for YouTube content. In basic terms, YouTubers are paid whenever someone views an ad on their channel. However, rates vary greatly by region, demographic, and even industry (program ads may command a higher CPM than, say, clothing advertisements).
The average AdSense payout for YouTubers is $3 to $5 per 1,000 video views. This might add up to a significant sum if your channel reaches a large number of people. It’s not unusual for major content providers to make upwards of $200,000 each month from AdSense alone.
Even if your channel is popular and AdSense revenues are accumulating in your bank account, keep in mind that YouTube stardom is influenced by a number of factors beyond your control — the YouTube algorithm might change, as can your audience’s interests and demands.
Making money on YouTube
There are a variety of ways for YouTubers to make money. The most common way is through advertisements, but other methods include sponsorship, affiliate marketing, and licensing content to the media.
How much money you can make depends on how successful your videos are, as well as other factors outside of your control. Keep in mind that making a lot of money on YouTube is not ‘easy’ money and requires hard work, time, and luck.