Best Ways To Make Money On YouTube
How do you make money on YouTube? That’s the burning question that
everyone is asking, but luckily, it’s super easy and difficult at the
same time. What we mean by this is that you very easily setup your
YouTube for monetization, but actually earning a living wage off of it
is a very difficult and long process. To make money off of YouTube, you
need subscribers, and you need a lot of people watching your videos. The
more people you have watching your videos, the more opportunity you’ll
have to make money.
If you follow along below, we’ll show you the five different methods that will help you make money on YouTube.
Advertisements
First up, advertisements are a great way to make money with YouTube.
Once you sign up for Google Adsense and turn monetization on within your
YouTube account, you can start earning revenue from a CPM model. This
will give you advertiser money per 1000 impressions. We don’t know how
much that advertiser money is, as it does depend on what each advertiser
wants to spend. But, if you get enough YouTube viewers, you can
actually make a substantial amount of cash. For example, a $10 CPM could
net you $100 per 10,000 impressions your advertisement gets.
Unfortunately, ad blocker extensions can ruin your revenue, but their
are a lot of people turning off their ad blocker for the websites and
creators that they want to support. Some people will even donate to
their favorite creators instead of disabling their ad blocker, which
will give you a little bit more money than what you’d get for that
single advertisement view.
You can also consider making YouTube Red-specific content, which will
give you a whole lot more money than exclusively advertising will.
If you get enough viewers, you can consider taking on sponsorships as
well. A sponsorship is when you partner with a company to get their
product in front of your viewers’ eyes. Depending on the amount of
viewers you have, the company will pay you a fairly decent amount of
money, especially if you can get your subscribers into the millions.
That’s pretty rare, but it’s not impossible — it takes a lot of
dedication and hard work. There are some YouTubers who make a hundred
thousand or more per year just off of sponsorships. Keep in mind that
you’ll want to find a decent balance for sponsorships, as you don’t want
to spam your viewers, either.
Affiliate Programs
You can also earn money off of YouTube through affiliate programs. If
you’re on YouTube, you can advertise your favorite products in your
videos, and include, say, an Amazon link in the description with your
affiliate marketers code. That said, you’ll earn a little bit of money
for every person that purchases the product by clicking the link in
your YouTube description. You can do this for Amazon, as well as other
websites, to maximize your revenue potential.
Of course, we cannot stress how much dedication and hard work plays
into your earning potential as a YouTuber. It is extremely difficult to
get noticed as a YouTuber, and nothing will help you more than sticking
with it, even when you’re feeling discouraged. You may only get a couple
of views per video, but if you keep up with it, eventually your channel
will grow — you just have to stay with it. If you really want to be
dedicated, you might want to consider doing Twitch and YouTube at the
same time, and try to funnel viewers between platforms to increase your
earning potential.
Great Content
Last, but certainly not least, you also need to have great content.
One of the things that all YouTubers stress is that viewers can see
through you faking it. If you don’t love what you’re doing, you’re
probably not going to be very successful at it. You need to care about
what you’re doing, care about the viewers, and be able to put your heart
and soul in the content that you curate. If you don’t, you’re going to
have a hard time gaining subscribers, and thus, a hard time making
revenue off of your channel.
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