Do you possess a skill that can be shown to the world through videos? Have you wanted to make a little side buck through the videos? Then you must test out YouTube.
YouTube is a platform that creatively allows sharing videos and ensures the creator can make money from all the effort. This article explores the seven best ways to make money from video content on YouTube effectively.
7 Effective Strategies To Make Money On YouTube
Promote Affiliate Links
If your content revolves around tutorials and product or service reviews, you are bound to provide links to the description. The links you provide are called affiliate links, and their promotion is similar to promoting affiliate links on blog posts. Affiliate links have the power to help you make enormous earnings!
The images you see below are that of a popular makeup Youtuber’s recent video. She mentions links to all products that have been used to create the makeup look so the followers can create a similar look by purchasing the same items. The better the video, the higher are the chances of the followers making purchases.
How do they help you? Well, you could get commissions off of the links to products you provide. However, the commission is attained only when your link promotion drives sales for the brand. To make the whole process easy, you can join Affiliate programs through networks like Awin or ShareASale!
Keep in mind, that you mustn’t overdo it. Putting up too many affiliate links can make your viewers distrustful of you. This could further lead to them unfollowing you!
Earn From Ads By Partnering With Youtube
By partnering with YouTube, you can make money from-
- Advertisements that pop up before your video
- Google’s Ad-sense banners, that are paid for by advertisers, and your channel gets paired with ones that suit the content best
- Channel memberships that allow followers to pay you monthly
To reap the benefits of this program, you need to know the prerequisites! The rules will include-
- Gathering a total of four thousand watching hours on your channel within the last twelve months
- Gathered a total of 1 hundred hours on 40 videos
- A total of one thousand subscribers
- You have linked an AdSense account
You will be able to make money from the ads only after you have followed the guidelines set by YouTube. Check out the image below to gather more information on the YouTube video monetization process.
You can become a YouTube partner and earn from the ads once you have completed the prerequisites! How to check if YouTube has enabled monetization on your videos? Open up the video manager, and if you spot a green dollar sign next to the video, you have officially become a YouTube partner.
Also Check: 10 Ways To Earn Money With Your Smartphone
Partner With Brands
Partnering with brands or creating sponsored content isn’t limited to just Facebook and Instagram! You can make sponsored or brand-centric videos on YouTube without handing YouTube a cut of your earnings. That is because either-
A- You will be reaching out to brands directly
B- They will reach out to you
Either way, you get to negotiate with the brands and get paid directly. The higher your reach in your area of expertise, the easier it will be to get brands to partner with you.
For example, the video by YouTuber and Blogger Shoe Paradise created for the famous shoe and accessory brand ALDO is super creative, well-produced, and displays a fun way to promote a brand. You must focus on creating content that puts the brand in a good light while maintaining your integrity!
Keep in Mind-
– Make a fair deal that benefits both (i.e., you as well as the brand )
– Ensure transparency with followers by mentioning #sponsored #ad
YouTube and its parent company are connected! On most occasions, Google displays video results at the very top of the search results. This means that you should work on Search Engine Optimization( SEO) strategies. SEO practices involve optimizing content to ensure it attracts traffic for growth in the follower count.
The practice will work best for those just starting and who don’t possess many followers. So how to step up your SEO game? You can do that by-
- Select relevant keywords or phrases. The exact keywords and phrases can be used for video titles and captions as well as the metadata.
- Add titles that are keyword specific tags, descriptions, and titles
- Add transcripts to video descriptions
- Add subtitles in different languages
Five factors that affect your SEO ranking and you must Keep in Mind-
- Engagement on video, i.e. amount of comments you get
- Subscriber count after video viewing
- The like and dislike ratio
- Length of video
- Click-through rate on the search results
Sell Your Merchandise
Selling merchandise through YouTube channels is a popular trend these days. You could offer various products to your followers, anything from t-shirts, cups, caps, phone cases, and so much more. It is the perfect way to generate a side revenue apart from the one you get from the YouTube channel.
Selling the merchandise will help you gain the limelight and identity that your followers may associate with.
For example, the merchandise offered by YouTube personality Liza Koshy is hip, upbeat, and directly represents her quirky personality. Liza Koshy has over 17 million followers and has made the best use of her YouTube channel to promote her brand organically.
License The Content You Upload
Reposting of viral content has become a rage on social media. If you create ‘massy’ or comedic content, then know that it has the potential to GO VIRAL! Anybody could repost your content, from news outlets and influencers to news websites and creators.
You can license your content to make money once it does go viral! This way, all the news outlets or creators will require your permission before they use it. So how to license your video? You can do that by listing out your video on a marketplace like Juken Media.
Check out this video that is available for purchase on the platform Juken Media. The platform will also help others find your video and be at the right place at the right time.
Also Check: 10 Best Money Making Apps For Android
Use Super Chat To Get Fans To Pay Directly
Super chat was previously known as Fan Funding and is available for YouTubers who use the YouTube partner program. However, you can only make use of it when you live stream.
Essentially Live Streaming will allow you to get closer to your followers and get them to shower you with some love by shelling some money out of their pockets for you. You can pin one or multiple comments while live streaming, depending on the amount they share with you.
Keep in mind that you must not use this feature with malicious intent as it could lead to a soiled relationship with followers.
You could also encourage followers to join your channel (become members) for a small price to receive exclusive live chats with you along with some other benefits.
It is difficult to make money off of YouTube but not IMPOSSIBLE. But first and foremost, you must think about maintaining the quality of content and keeping your followers engaged.
If you are new to the YouTube world, take baby steps before you venture out and test out the methods mentioned above!
How much money can you make on youtube?
It depends on your country, content, and views. You can earn $1000 to $50000 depending on your views.
How many views on youtube to make money?
There are no views required, You need watch time 4000 hours to get monetize your channel and 1000 subscribers.
How many subscribers do you need to make money on youtube?
You need 1000 organic subscribers to get monetized.