In this article, You will learn how to make money on YouTube. YouTube is now the most authoritative video-sharing platform in the world. And since the program started in 2005, it has created many millionaires. According to Forbes, its highest-earning star made up to $12 million in revenue in 2015. Also, YouTube has stated that the number of channels that hit six figures in annual earnings through the platform is doubling yearly. But to make money on YouTube, first, you must read the grand rules in the YouTube Creator PlayBook created by Google the owners of YouTube. And then follow these ideas below on how to make money on YouTube. If you do so, it could make sure your channel profitable.
How To Make Money On Youtube
Use YouTube to send traffic to your website and blog
For those of you that own a website and a blog, you can use YouTube to send traffic to your website or blog. You know that traffic means potential customers. So if Google’s Panda, Penguin, and the Humminbird updates hit your blog badly and you now get less traffic, then use YouTube to get and increase traffic.
Read the YouTube Creator Playbook to fire up your creative juices then you may start by re purposing some of your older content to turn them into videos and make new videos. After doing that, link your website or blog in line one of your video descriptions. This will effectively funnel your YouTube traffic to anywhere you want them to land.
Create products and promote them on YouTube.
Creating product is the next strategy on how to make money on YouTube. You can create your own products and sell them on YouTube in diverse ways. These are the products that you can make. they are eBooks, apps, art, music and so on.
After creating any of these products, add them to a shopping cart and start promoting them with YouTube videos. Also, add a link to your product video’s descriptions to enable viewers to buy them.
Sell other people’s products as an affiliate marketer
As an affiliate marketer, you could sell other people’s product and earn a commission for doing it. Also, there are many profitable companies marketing their products using affiliates. Some include Amazon and eBay and others. So, you can join affiliate networks like Click Bank, commission Junction and ShareAsale.com.
But, to make money, you can review the products and shoot a video or create a video tutorial showing how to use the product. Then add your link to the products you are promoting in the video description. This will let you will receive a commission when someone buys the product.
Create a Web TV series
The next idea to try on how to make money on YouTube is to create a web TV series. If you are a good storyteller, you can make your own web TV shows. However, the only limitation is your creativity and budget. Besides, you may create a drama series, talk show, or a comedy show.
The length of each of your video shows is capped at 15 minutes by YouTube. If you want to upload longer videos, increase your limit. Who knows, you may get lots of views and start a new career as a filmmaker.
Become a YouTube personality
If you become a YouTube star you could earn a lot of money from publications like the PewDiePie who is touted to earn $13,000 for one week’s publications. So if you are passionate about some things and want to earn money, create spectacular video content that is unique and keep working on your YouTube channel.
You can Monetize your videos using the YouTube Partner Program
Another tip on how to make money on YouTube is the monetization of your videos. After making your own videos, next, join the YouTube Partner Program and make your channel ready for monetization To do that, verify your channel. Learn how.
After verifying your channel, you will start receiving a share of the income from advertising on YouTube. Also, you will be paid for each thousands of views of your videos.
Teach or share your knowledge with tutorials
Many people love to view tutorials on YouTube. So, teach people how to do something you know and make money from it. A popular niche market is Beauty videos. So, try it if it is your niche too.
Test-market your products
Also, test marketing your potential product is another way on how to make money on YouTube. You can use YouTube to do market research. Go on and test your unique idea on YouTube to find out if it will be profitable or not.
Assuming you have a product idea but lack funds, make a video to learn if the idea in its raw state is viable from viewer comments. Besides, your YouTube audience could help to make the idea popular and so you would attract the fund you are looking for.
Become an expert on metadata and use keywords to get traffic
There is a lot of competition on YouTube hence you must try all you can to make sure people find your videos. Learn how to create metadata from Creator playbook. And then start optimizing your videos for search. This will increase your traffic and help you make more money.
Build your brand using YouTube.
You may not know this but another way of how to make money on YouTube is by building your brand. You are a brand and so YouTube will enable you to create your brand awareness. Also, YouTube will increase your strengths and sell you to the whole world no matter what type of things you are doing.
Begin today to create videos in areas that you have a great interest in. You never know you may stumble into a goldmine.
You can change your child or pet into a star (and make money).
You can turn your cat or dog to a YouTube star. For instance, these two cats, Lil Bub and Grumpy Cat, on YouTube, have become worldwide stars, and now have book deals. Just go around with your video camera and if you see anything interesting video it. Also, add metadata and upload it on your channel for viewers.
If you want one best idea on how to make money on YouTube, it is scheduling your videos. Publish your videos in a specific time frame regularly. If you do so, it will enable your viewers to see them easily and follow your channel by subscribing to it.
To get a lot of views you need many subscribers or followers which will translate to more money for you.
if you have a big idea for a media project on YouTube you could try crowdfunding. Also, crowdfunding will provide you money, base audience and income for future projects.
Try this method on how to make money on YouTube. Many companies sponsor YouTube Channels to get direct advertisement. For instance, Audible gets sponsorship from Amazon to make shows that impart knowledge like Vsauce and Veritasium.
Moreover, if you get a sponsor you can receive the amount directly from your sponsor. To get a sponsor, list the things you provide on your channel and know your audience and the brand you want to approach for sponsorship.
Measure your earning goals
Check how much you earn to make sure you are on the right track. And set goals and if you fail to meet it, then the monetization methods are not working properly. Or it may also mean that the quality of your videos are no longer excellent. So make some quick and thorough changes.
Being creative is the next idea on how to make money on YouTube. If you make quality content you will always attract a lot of viewers. And so you must be creative to be able to produce high-quality content. Also, note that there are always new ways for making money on the internet. So be alert, and try new ideas, fast on your channel.
Manage YouTube Channels
If you have expert knowledge about how to manage a YouTube channel and how to use the different features on the platform, you can get a job as a manager for an account. Also, YouTube has a feature that enables many people to manage one account.
So depending on your agreement with the account owner, you will be carrying out some functions that include uploading videos (you can use Hootsuite to schedule your posts), responding to comment and leaving comments.
Other tasks you will carry out are thinking of video ideas and titles, writing the video descriptions and adding links. Also, you will promote the videos on various social media platforms. To get started earning money, create an account on freelancing platforms, like Upwork or Fiverr, to advertise your video creation and editing services now.
License Your Video
Licensing your video is a method on how to make money on YouTube. Today, we are in a digital era where everyone can create and distribute media. Also, the rules of engagement between the media industry and individuals are more confusing.
But once you license your videos, you will start earning from your video’s rights. Also, you may wait for media representatives to ask you about using your video, or you can upload it on a marketplace like Jukin. First, learn about video licensing from resources on the internet.
Try to Make Videos That Don’t Have Too Much Competition
Look for a topic that has a few videos and then exploit it. For example, if you review tech gadgets, your video will not be found because of excess reviews on this topic on YouTube. But, if you create a unique video on something like “15 Apps That Make You a speak fearlessly,” you will rank higher in searches in the relevant categories. So try to find unexploited sub-niches in your niche to create videos.
Buy Helpful Videos That People Will Want to Use and Resell Them
If you are confused about how to make money on YouTube, you should note that some YouTube channel owners buy existing videos to update their channels regularly. Also, this is an opportunity for experienced videographers to sell their productions.
Moreover, the most popular niche in the market are webinars and video training courses. Note that you cannot sell your video openly using YouTube. But, you can give buyers a sneak preview of your abilities. And then via the video link redirect them to your website where they can buy the full video.
In this post, I gave you a list of how to make money on YouTube. Some of the ideas are buying helpful videos, making unique videos with little competition and monetizing your videos with YouTube partner programs. Try these ideas and send feedback.