Google Adsense is a well-known name for bloggers and users of online media. We’ll be covering that topic in another post. YouTube can make money in other ways than AdSense.
There are many ways to make money online through the growing Youtube creator economy. While some methods may have a lower entry barrier than earning via ads, quality content and an engaged audience are the best substitutes.
YouTube can make you money if you have a creative side and are willing to work hard. These are just a few of the many options available.
How to Get Paid on YouTube
1. Apply for the YouTube Partner Program and reach 1K subscribers
2. Affiliate marketer?
3. Brand deals can be used to create sponsored content
4. Sell and create your own merchandise or product
5. Crowdfunding is the way to go
1. Apply for the YouTube Partner Program and reach 1K subscribers
Let’s start with this. To join the YouTube Partner Program, you must exceed the 1,000 subscriber threshold. It opens up the doors to advertising revenue.
Before you can become a partner, there are some additional requirements.
You must adhere to the site’s advertising guidelines. Your videos should also have at least 4,000 hours of valid public viewing within the past 12 months.
You must reside in an eligible region.
You will need to link an account with Google AdSense.
After you have met the requirements, click on your profile to apply.
Partners can make money by selling ads, joining perks, and using features such as Super Chat. This allows viewers to pay to have their messages highlighted on a live stream.
How many YouTube views does it take for you to make money?
You don’t get paid per video view. Instead, you get paid for each time someone views or clicks on the ad on your video.
According to Influencer Marketing Hub, although payment rates vary, an average YouTube channel can expect $18 per 1,000 ad views. This is $3 to $5 for every 1,000 video views, depending on the number of ads actually viewed.
When can you make money with YouTube?
Once your balance has reached $100, you will be paid. It takes about 1,000 videos to make $4 from viewers who saw the ads. To make $100 from those ads, you would need to have 25,000 views.
You might only get paid once a month if you have a small channel. Google’s tax policy is something you should be aware of.
Does it sound like you have a long journey ahead of you?
Here are some other ways to make money before you reach 1,000 subscribers.
Keep track of all the money that you make
A glance at the inside of your bank, card, and cash accounts.
2. Affiliate marketer?
Affiliate marketing is a great way to monetize YouTube traffic, especially if your goal is to review products. This is how it works:
Find a seller or company that has an affiliate program such as Amazon Associates and apply to join.
Once you have been accepted, they will use their process for creating custom links to the products you want to feature in your videos.
Your YouTube videos can be demoted, reviewed, or made reference to the products. You can also paste your customized affiliate marketing link(s), when you upload, in the description field.
Affiliates of brands earn commissions when someone clicks on your link and buys the product.
Amazon Associates is an excellent way to make money online, but there are many other ways. You can search affiliate marketing websites such as ShareASale or ClickBank to find potential corporate partners and products. For more information about how to become an affiliate, you can search the websites of your favorite brands.
Make sure you inform your viewers of your affiliation with the brands or brands featured in your video. Also, make sure they are directed to the link in the description when you take your video.
3. Brand deals can be used to create sponsored content
Another way to make money on YouTube is to land a brand deal. This includes affiliate marketing. Companies that are interested in your audience may sponsor your videos, or offer product placement deals in return for shoutouts.
This is because these deals are more likely when there is a large following. You can either contact the brands you want to work with or use the resources mentioned above to find corporate partners who complement your content.
Brand deals allow you to receive lump sum payments, per-sale commissions, or the product or service completely free.
Remember: YouTube must be notified if you have any endorsements or product placements in your videos. To indicate that your video contains paid promotion, tick the box in your video manager’s advanced settings tab.
4. Sell and create your own merchandise or product
Let your viewers know if you offer merchandise or service that is relevant to them by mentioning it in your videos. Marques Brownlee (creator of MKBHD tech review channel) leaves a link to his T-shirts and accessories in each video he posts.
You might need to purchase materials or find a manufacturer in order to sell physical products, but you can also offer downloadables like e-books or art prints. Before you promote your products, make sure that you have a secure payment system.
Selling incentives: Although creating your own products is more difficult than pitching them to other companies, this could be an opportunity to make more money. You’ll also retain the majority of the proceeds as the product owner.
5. Crowdfunding is the way to go
Crowdfunding can be used to monetize your channel. There are two types of crowdfunding: project-based and recurring. The former is more suitable for content creators. Subscribers pay a small fee to access perks and/or a tier of exclusive access.
Increased subscribers mean more revenue. Subscribers can be enticed to sign up with incentives such as private classes, one-on-one video chats, and merchandise. Patreon is a well-known crowdfunding platform that can be used to generate additional income for musicians, video creators, and other artists who have a large following.
A project-based crowdfunding campaign is the best way to fund a project that needs financial support. Start with sites like Indiegogo, Kickstarter, and GoFundMe.
How much can you make with YouTube?
This is a complex question. This is similar to the landscape of the music industry. YouTube stars with millions upon millions of followers are just like the artists and breakout bands that strike the right chords and amass an enormous fanbase. They can easily reach seven figures.
Forbes reports that Stevin John, creator of Blippi for kids, made $17 million in 2020. This was largely due to the 8.2 billion views and 27.4 million subscribers he has accumulated on YouTube. This kind of success is rare, but it shouldn’t discourage you.
Sean Cannell, coauthor of “YouTube Secrets”, and founder of Think Media, recommends that new YouTubers focus on affiliate marketing to make the most of their first few months. He says that it is possible to make $500 per week if you have the right niche and strategy.
Build a following and make more
YouTube is a platform that offers opportunities for everyone, but it’s also not a quick way to make a lot of money. YouTube is not a quick way to make money. It requires time, effort, and an engaged audience. With a little bit of motivation and practice, it is possible to make money before you reach the 1,000-subscriber threshold.
These tips will help you get started.
It is easier to reach the viewing hours threshold if you upload more videos.
Your viewers will subscribe more if you can target your content at a particular audience or niche, such as film photography.
Videos that are entertaining and thought-provoking will be more popular, so it is worth the effort to plan and produce them.
A targeted title and a standout thumbnail can attract attention.
