YouTube, an online platform owned by Google, attracts millions of visitors each day. As the most popular video-sharing site on the planet, people who use it come to watch everything from game walkthroughs and music videos to tutorials and product reviews.
This is because YouTube provides a space for content creators to publish original work they love while allowing viewers to share and connect with others who share their interests. Due to its massive viewership, YouTube is also an excellent place for people looking to make some extra money. To earn this money, you have to get youtube paid promotion services. This article will discuss how you can make money on YouTube by sharing your original content with the world.
Ways Influencers Monetize Their Youtube Channels
Here are 8 simple steps to make money online via YouTube.
#1. Advertising Revenue
The most common way for YouTube channels to make money is through advertising revenue. This is earned by running ads on your channel and receiving a portion of the ad revenue generated. The amount you earn depends on a variety of factors, including the length and quality of your videos, as well as the number of viewers you attract.
To qualify for ad revenue, your channel must have at least 1,000 subscribers and 4,000 hours of watch time within the past 12 monthe. You can also sign up for YouTube’s Partner Program to increase your eligibility for ad revenue.
#2. Earning Rewards as a YouTube Partner
Another way to make money on YouTube is by becoming a Partner and earning rewards based on the number of views your videos generate. The Partner Program is open to channels that have achieved a certain number of subscribers and viewers.
As a YouTube Partner, you’ll earn rewards based on the following criteria:
* 55% of revenue from ads running on partnered channels
* $0.10 for every thousand views on videos with ads enabled, for up to six months after a video’s release
* $2.50 for every thousand views on videos that have been monetized with a paid subscription or rental agreement
In addition, you may be eligible for other benefits, such as a custom Badge, a special Partner Program icon next to your channel name, and other perks, depending on your agreement with the service.
#3. Joining an MCN (Multi-Channel Network)
Another way to make money on YouTube is by joining a Multi-Channel Network (MCN). MCNs help content creators manage their channels and promote their work. Joining an MCN can provide you with access to resources that can help you grow your channel and increase your earnings.
Some of the benefits of joining an MCN include:
* Promotion to the network’s large audiences
* Guidance and support from industry professionals
* Access to new monetization options, such as merchandise sales and paid product placement
* Assistance with legal issues, branding concepts, and other business matters.
MCNs use several different methods to generate revenue. The primary approach is operating YouTube channels on behalf of their members. The income generated from these channels is then distributed to the appropriate parties after deducting fees for services provided by the network.
Another way to make money on YouTube is by selling merchandise related to your channel. This can include T-shirts, hats, phone cases, and other items featuring your logo or branding. You can set up a shop on Teespring.com or Spreadshirt.com and sell your products directly to fans. You can also set up an Etsy shop and sell your merchandise as a “curated” shop, which means you manually approve every item before it’s listed for sale.
#5. Sponsorship, Product Placement, Endorsements & Affiliate Sales
Sponsorship deals are another way to make money on YouTube. You can work with brands or companies on exclusive sponsorship deals in which they pay you to feature their products or services in your videos. These deals often include free samples of the product, discounted prices, affiliate links, and even monetary compensation if the deal is more extensive. Product placement refers to placing a specific product or service in your videos.
You get paid based on the number of views the video generates after publication. Affiliate sales involve promoting products and services from other companies and earning a commission if your referral results in a deal. This method typically makes you an affiliate link that’s tracked by a third party, such as an advertising network.
#6. Subscription Fees
YouTube Premium is a new subscription service that offers ad-free streaming of all videos, offline viewing, and access to exclusive content. The service is priced at $11.99 per month, and YouTube plans to offer a discounted rate for students. If you have a large enough audience, you may generate income from people who subscribe to your channel.
#7. Crowdfunding Support
Crowdfunding support refers to offering incentives or rewards for people who contribute money to your channel. You can use various platforms like Patreon and Kickstarter to raise funds from your audience. Similar to subscriptions, supporters receive special perks in exchange for their contributions.
#8. Ancillary Products
Another way to make money on YouTube is by selling products related to your channel but not directly involved with it. This can include books, guides, courses, and other items that help people learn more about the topics you cover in your videos. The other effective method to promote your videos is using a Paid Promotion on Youtube
Making money on YouTube is possible in a variety of ways. By understanding the various methods available, you can create a monetization strategy that works for you and your channel. Leveraging promotional tools provided by MCNs, selling merchandise and sponsorships, and offering crowdfunding support are just a few of the ways to make money on YouTube. You can also generate income from affiliate sales and products related to your channel or you can promote your channel by professionals. Using these methods, you can create a successful and profitable YouTube channel.