12/07/2019

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How to Make Money on YouTube

How to Make Money on YouTube

  Individuals can become financially independent after learning How to Make Money on YouTube. Of course, success does not happen overnight. Like any other business, it takes time, research and dedication to become successful. However, you can become successful and generate wealth if you devote yourself to learning how to make money on YouTube. By putting your best foot forward, you can become a top influencer and get paid monthly.

Nowadays you don't have to be a famous musician, comedian, or popular guru to make money on YouTube. You can be yourself and get paid uploading content videos, becoming a publisher to monetize videos. To be honest you can become a creator and make a living uploading content. More importantly, you can make a social impact and change the world.

How do you Make Money on YouTube?

The world's most dominant video sharing platform provides a network for companies, businesses, brands, influencers and entrepreneurs to increase exposure to their brand or products. In addition, the network has created a pathway for partners to influence and make money online monetizing video content. Over the last five years, YouTube's network has paid over 2 billion dollars to publishers who monetize on their videos.

A number of businesses and institutions engage with their audience through social videos. For instance, universities have been known to use the platform to engage with prospective students.

Some businesses use the platform to engage with their employees. One way businesses engage is by uploading seminars for employees. Another form of engagement is teaching and training.

By the same token, large companies, small companies, influencers and entrepreneurs use their channel for engaging with current and prospective customers.

At any rate, a majority of individuals who use the platform to catch the latest news, movies, gossip among other forms of entertainment. While the minority use the platform to get paid uploading videos.

The individuals that make up the minority are influencers whom make money from monetizing content, sponsored ads, affiliate programs, their own brand and products along with other opportunities as well.

Likewise, the individuals that come to the platform for entertainment are provided with free content. Individuals can view pre-recorded videos or live stream videos from celebrities, business owners, content creators, t.v shows, documentary films, music videos and much more. In other words, the video sharing platform provides just about every type of video content you could imagine.

YouTube logo

Steps to Earning Money On YouTube

Over the last decade, many associates have partnered with YouTube's network to make money online. Average people are earning residual incomes becoming content creators. Some associates who influence get paid hundreds (US) monthly, while others earn thousands monthly. If fact, there are some associates earning millions of dollars on a monthly basis.

Step 1. Create an account

If you are currently using g-mail as a source for sending and receiving emails, two thumbs up. You have already completed the initial step. For those who do not have any accounts associated with Google, signing up for a g-mail account is free.

Step 2. Choose a topic for your channel

It is highly recommended choosing a topic that you're familiar with when starting your channel. In other words, begin with your niche, a topic you're passionate about. It allows you to provide valuable content as a content creator.

Moreover, when people have a decent amount of knowledge about a subject, they tend to work more consistently and diligently. For the most part, people love working on things they enjoy. By the same token quality videos must be uploaded fairly regularly in order for your channel to be successful.

YouTube channel

Step 3. Find your niche

A niche in the business world is a topic that you enjoy. A niche can also be an area that you specialize in. As a publisher, choosing a niche topic, should enable you to create valuable content. This should give viewers more of a reason to view your channel.

Utilizing your niche allows you to be more flexible. Imagine yourself working from home, creating your own schedule, spending more time with friends and family. Doing what you love or enjoy doing for a living. Life can definitely be more enjoyable. Here are a few questions to think about.
  1. Can you show people how to do things? Can you show people how to fix cars, computers, ride bikes, raise kids, get jobs, write resumes, tie shoes or how to correctly floss your teeth.
  2. What problems can you solve? Can you answer problems concerning marriages, anger issues, websites, blogs or dating.
  3. Which questions can you answer? Can you answer questions about math, reading, health, food and nutrition, mental illness, sports, or religion.
  4. Which talent fits your character? Are you a talented musician, dancer, comedian, actor or actress, football, basketball, baseball, fishing, golfing, juggling, photographer or hair stylist?
Your idea does not have to come from this list. These are a few ideas to get your mind going. It's ultimately up to you to decide what fits you best. However, keep in mind your chances of success increases when you choose an idea you're passionate about.

Step 4. Choose methods to monetize

Any influencer can get paid to upload videos. Typically, those who are not of age can conduct business through a legal parent or guardian.

How you choose to make money on YT is up to you. You can make money utilizing affiliate products, YT Partner Program, Google adsense, YT Red Subscription Channel, promote websites or blogs or sell your own products.

Eligible countries to become a partner Algeria, Argentina, Azerbaijan, Australia, Bahrain, Belarus, Belgium, Bolivia, Bosnia and Herzegovina, Brazil, Bulgaria, Canada, Chile, Columbia, Costa Rica, Croatia, Cyprus, Czech Republic, Denmark, Dominican Republic, Ecuador, Egypt, El Alvarado, Estonia, Finland, France, Georgia, Germany, Ghana, Greece, Guatemala, Honduras, Hong Kong, Hungary, Iceland, India, Indonesia, Iraq, Israel, Italy, Jamaica, Japan, Jordan, Kazakhstan, Kenya, Kuwait, Latvia, Lebanon, Libya, Liechtenstein, Lithuania, Luxembourg, Macedonia, Malaysia, Malta, Mexico, Montenegro, Morocco, Netherlands, New Zealand, Nicaragua, Nigeria, Norway, Oman, Pakistan, Panama, Paraguay, Peru, Philippines, Poland, Portugal, Puerto Rico, Qatar, Republic of Ireland, Romania, Russia, Senegal, Serbia, Singapore, Saudi Arabia, Slovakia, Slovenia, South Africa, South Korea, Spain, Sweden, Switzerland, Taiwan, Tanzania, Thailand, Tunisia, Turkey, Uganda, Ukraine, United Arab Emirates, United Kingdom, United States, Uruguay, Vietnam, Yemen, Zimbabwe.

Affiliate products - Selling affiliate products can help influencers that do not have a business. Affiliate programs provide publishers with a business opportunity to earn extra money on the side and be their own boss. Why not partner with a popular companies that has established their brand in the marketplace.

Create a Brand with Yondo - Yondo offers a few different ways for users to make money. You can earn money monetizing webinars, live videos or live classes. Members can also get paid selling monthly subscriptions or pre-recorded pay per view videos. In other words, you can use Yondo to create your brand. Then began promoting your business as you see fit. You can sell video courses, webinars or subscriptions.

Google-adsense - You have to be approved through (YPP) to begin monetizing. Ad placement is the most popular strategy to make money on this platform through google adsense. A majority of You-tubers use this method due to the fact it's user-friendly and already within the platform. Not to mention it's the largest advertisement placement network in the world.

Product Placement - You can get paid 100 percent profit by placing your own product. More importantly, you do not have to split the money you make with anyone. The money you earn is all yours. By far this strategy has the most potential.

Promote website or blog - It can be beneficial to utilize social video sites for site promotion. Many companies apply social video marketing to their marketing plan. It provides brand owners the opportunity to present powerful visuals to their customer base. Besides, some of their customers are using the platform to watch videos anyway, why not use the opportunity to promote.

Super Chat and Super Stickers - Super Chat and Super Stickers are only available through live chat. These offer ways to connect with fans through live chat. Fans can pay for your message to be highlighted within a live chat. For eligibility, you must have at least 1000 subscribers, be at least 18 years old, live in a eligible county.

YouTube's merchandise shelf - YT partners must be 18 years old and have at least 10,000 subscribers to sell merchandise.

YT Partner Program (YPP) - There are certain requirements that publishers must meet before joining (YPP). (1)The publisher must have an active adsense account. (2) Publishers much have watched 4000 hours in the last twelve months. (3) Content creators must have at least 1000 subscriptions. (4) Publishers must follow all YT monetization policies. (5) Live in a country where partnership is available.

YT Premium - YouTube's premium channel allows customers to enjoy their channel ad free. To offer the YT premium on your channel you must have at least 1000 active subscribers to become eligible. The revenue you earn is based on how many members watch your content. Customers that purchase a premium feature must be of age 18 years or older.

Step 5. Marketing your channel

Marketing your channel will definitely boost your traffic. Which will lead to you making more money as a content creator. By strategically marketing your video will take your traffic to a whole new level.

Basically strategic marketing is a process that focuses on detailed steps or a blueprint to successfully reach and sustain your end goals. In a nutshell, strategic planning focuses on the corporation (you), customers (viewers), and competition (others with similar videos).

A strategic marketing plan should be put in place to help your channel for the long haul. This is an important part of the process. Many content creators create videos without mapping out a long term strategy. By properly executing the strategic marketing process you can evaluate your long term goals, competition, business environment, weaknesses, strengths and identify new business opportunities

Analyzing current situation

The first step should involve analyzing your current situation, external and internal threats to your channel.
  1. Where are you now? (Current analysis)
  2. Do you have enough time? (Availability)
  3. Do you have enough space, a professional work environment? (Devices, Work station)
  4. Do you have the equipment that is needed? (Budget, Knowledge)
  5. Analyze your vision or aim. (Goals, mission, objectives)
  6. Which marketplace are you planning to pursue. (Target market)
  7. How will you accomplish your vision or aim. (Plan)
Analyzing your viewers

Understanding your viewers benefits both you and the view. By understanding the viewers, you will know their likes and dislikes which enables you to provide services on the personal level. Consequently, the influencer develops a relationship which can lead to the viewer subscribing to their channel.

Analyzing your competition

This involves understanding your strengths and weakness and an analytical comparison of you vs your rivals. You must also consider the possibility of threats from competitors that may interfere with your objectives. It is important to learn about your competition before starting your channel. Identifying those in the same niche as yourself can give you a competitive advantage.

For more information read how much money do YouTubers make
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