How to make money on youtube | 5 simple ways

How to make money on youtube | 5 simple ways

Youtube is one of the most visited websites in the world today. Are you looking for how to make money on youtube? If yes, then read this article till the end as I’m going the break the topic down and make every point clear.

Many YouTubers have been making a lot of money.

Youtube has the potential to make you rich as well, just follow all the simple guides I’m going to give in this article. Yup, you are there.

How to make money with youtube is a question I get a lot of time, so I have made up my mind after tons of research and experimentation and today, I am showing you how to make money on youtube.

Making money on youtube is not that easy, but don’t worry, I will make it easy for you as you through this simple and concise and explanatory article.

As I promised earlier, I’m going to break every point down and make them clear. So, get a sit, have a cup of coffee and read along.

I visit youtube, watch videos on a regular basis and I surely believe you do so as well.

You may not believe that many people learn on youtube more than college. Youtube is an excellent platform for learners and earners to make progress and meet their desire.

This is exciting, nothing less than five billions of youtube videos are watched across the globe; yes 5billion!

Also,

1.9 billion Users always log in to youtube.com every 30 days, which is one month.

Without wasting your precious time, let us look into how to make money on youtube,

Perhaps; that is the center of this article.

There are many ways to make money on youtube which include but not limited to:

How to make money on youtube

  1. Youtube partner program
  2. Affiliate marketing
  3. Sell your own product
  4. Get paid directly from your audience.
  5. Sponsored content

Now, let us consider these ways to make money on youtube one after the other. Make sure you read in between the lines because every single sentence in this post is put together for proper understanding.

Making money on youtube is cool. Well, it has been a dream for so many people today.

Making money on youtube allows you to work even from home which is cool, you are going to have enough time to spend with family members and friends.

Note this; becoming a YouTuber will allow you to earn money even when you are sleeping. I call it smart work.

Vblogging has turned into a lucrative business as the number of internet users increasing every day.

Don’t be confused when I mention Vblogging, it simply means video blogging which is what you do on youtube.

In case I may be using them interchangeably to make things flow.

Are you still with your cup of coffee? Take a little and carry on, there is still a lot to cover.

I am fully ready to enlighten you, let us dig deep into those points above.

Also read: How to make money on Facebook | 6 easy ways

Youtube partner program

I choose to explain this first because it is one of the most popular ways of monetizing a youtube channel.

However, I will not recommend you to use only one means to monetize your youtube channel.

One doesn’t hinder the other, after on you need to make the money; the goal is certain. Build the audience and make the money in various ways.

What is a youtube partner program? Youtube partner program is an agreement between youtube and youtube channel owners to place an advertisement on their videos and get paid for views. Not only that, joining a youtube partner program given you more access to other youtube features.

Ads are revenue streams you will like to tap into.

The number of views you get does not determine the revenue you will earn. If your video gets thousands and thousands of views without anybody click the advertisement, you would not make any money.

This is because of YouTube’s criteria for billing advertisers: a viewer must click an advertisement or watch the ad in full (10, 15, or 30 seconds) for you to get paid.

It all starts with creating a youtube channel. Let us look into that before proceeding.

How to create a youtube channel

Creating a youtube channel is a lot easy. Before you can create a youtube channel, you need to, first of all, create a Gmail account.

After creating a Gmail account, kindly visit youtube.com and login with your Gmail account. Click on the user icon at the top right of the screen. Click on the gear icon to get to your account’s YouTube Settings. Click on Create a new channel. Then choose “Use a business or other name” Add your Brand name and click create. Then you have a youtube channel.

After creating a youtube channel, what next?

The next thing is to enable monetization, but before you will enable the monetization, you need to be qualified with the requirement first.

Also read: Blogging vs youTube channel: Which one makes more money?

What are the requirements for monetizing youtube?

You are qualified to apply for monetization once you have hit 1,000 subscribers and 4,000 watch hours over the past year.

You can use this time to create useful videos and get this requirement. I will discuss how to get more subscribers and these entire requirements as you read further.

How to enable youtube partner monetization.

  1. Sign in to your YouTube account you are ready to monetize.
  2. Click the icon for your account in the top-right menu.
  3. Click on YouTube Studio.
  4. In the left menu, select Other Features and click Monetization.
  5. Read and agree to all the YouTuber Partner Program terms.
  6. Create a new AdSense account or connect an existing one to your youtube channel: You need an Adsense account to get paid and creating an Adsense account is totally free
  7. Set your monetization preferences.

Once all that is done, navigate back to the dashboard and click on the Analytics tab on the left side.

From there, you will need to choose Revenue from the tabs at the top, then scroll down to the chart Monthly Estimated Revenue to get an idea of your predicted revenue.

Affiliate marketing

Affiliate marketing is another revenue stream you can tap from youtube. Aside from getting paid from ads, you can start earning from affiliate marketing.

What is affiliate marketing?

Affiliate marketing is the process whereby you promote someone’s product and get paid for sales you made through you.

If you choose WordPress tutorial as a niche, you can start promoting premium themes and plugins and get paid.

Affiliate marketing is mostly done by joining an affiliate program and getting a unique affiliate link.

You can include a link to an affiliate link in your video description and invite your audience to buy through it.

If your niche is health then you can start promoting health products and make money.

Affiliate marketing is fast growing in this century; It is a sure way to earn without creating a single product.

It is simple, creates useful videos, gets an audience, sells to them and earns a commission from every sale.

Sell your own product

This is another great way to make money from youtube.

Are you having any product you are willing to sell? Youtube can the best place to sell it.

You can sell ebooks, domain names, and other digital products. Though digital product is very easy to sell, you can also sell a physical product but considering the shipping is another case.

Therefore, you can focus on dropshipping products and make your money.

Your youtube audience can also be your customers since you have established a relationship with them.

They will like to buy your product because of the value you are adding to their life.

To make this easier, you need to create an online store and include the link to your products in the description of your videos.

Get paid directly from your audience.

If your videos are really creating value, you can ask your audience to pay you for your effort.

You can add a donation link in your video description and get your audience to pay you directly.

Imagine you have up to 10,000 subscribers if 1000 of them pay you five dollars every month. How much did you think you will earn. Approximately, 5000 dollars, is that a little money? The more you get the audience, the more you get the opportunity to earn.

Sponsored content

There are lots of companies looking for influencers to promote their products. This is another way to make money on youtube.

Those companies in your niche can contact you and ask you to pay you to recommend their product to your audience.

If you create videos on insurance, insurance companies may request you to create a video about their company and you get paid for that.

Don’t worry about looking for companies, they will reach out to you as you grow your audience.

Who can earn on youtube?

Almost anybody can make money on youtube sofa he/she has something to teach others.

There are many niches, therefore an average person supposes to know one thing or the other He/she can teach others. Be it, health, finance, digital skills, helpful tips, etc.

If you think you have nothing to teach others, and then take a look at your hobbies, what you are passionate about.

If your hobby is singing, then start discussing singing tips.

I believe you are not the only people that have that hobby.

Once again, anybody can make money on youtube so far you can create value.

Also read: How to make money on social | 6 simple ways

How to get youtube subscribers

Getting subscribers is a crucial aspect for youtube beginners. For you to get subscribers, you need to add value consistently by creative videos that your audience will always love to watch.

You need to promote your videos by any means you have, forum posting, social media, etc.

It may not be easy as you start, but the more you get subscribers, the more people are willing to subscribe more to your channel.

Search engine optimization (SEO) is also important to get your video in front of your targeted audience.

You will learn more and more as you go.

Also read: How to get social media followers (Top 10 secret)

How much can I earn on youtube?

When it comes to making money on youtube, the sky is the limit.

However, the more audience you get, the more you have the potential to make money.

Are you looking for some proves?

See how much these people below make from youtube:

According to Forbes, these 10 channels below were the top earners on YouTube from June 2017 to June 2018:

Jeffree Star, $18 million (16.5 million subscribers)

Markiplier, $17.5 million (24.5 million subscribers)

VanossGaming, $17 million (24.9 million subscribers)

Ryan’s World, $22 million (22.4 million subscribers)

PewDiePie, $15.5 million (102 million subscribers)

Logan Paul, $14.5 million (19.9 million subscribers)

Jake Paul, $21.5 million (19.7 million subscribers)

Dude Perfect, $20 million (47.1 million subscribers)

DanTDM, $18.5 million (22.3 million subscribers)

Jacksepticeye, $16 million (23 million subscribers

You can also reciprocate this as well. You may be the next youtube star if you are smart enough.

However, it takes time, dedication, consistent learning, hard work and patient to build wealth.

Always be ready to start small but dream big.

What are the best youtube niches?

The niche you choose is very important in your journey to making money on youtube.

There are many niches that are doing well but they are also been saturated and make the competition high.

Therefore, I will advise you to choose the niche you are passionate about and have knowledge in.

If you need a recommendation from me on those niche that are doing well right now, then I will mention health, financial guide, and digital marketing but it is not a must to choose those niche.

Why should I create a youtube channel?

It is pretty simple, you need a youtube channel because it allows you to earn while you express yourself and teach others what you already know.

The crucial part is because you need to make money, but don’t let making money be the first priority.

Add more value and money (revenue) will increase.

Having a youtube channel gives you a voice as a master of a particular topic or subject.

 

How can I get people to watch my youtube videos?

Getting people to what your videos are one of the important aspects.

Though it may be tough in the beginning everything will become easier as you establish authority.

I will start with search engine optimization and keyword research.

Well, search engine optimize videos show up in the search for more than non-optimize ones.

You need to know how to place the title, tags, and descriptions. You can learn search engine optimization as you go.

Keyword research will make you know how a particular keyword is popular. You need to know what people are searching for and create a video title around that keyword.

Conclusion

Making money on youtube is not that easy, you need enough motivation to keep you moving to the top.

It requires you to work hard upfront and make money latter so don’t expect your success to come overnight. Vblogging is not a get rich scheme.

 I have put together and elaborated on how to make money on youtube.

I believe you enjoyed it?

Don’t forget to join our forum for discussion on this type of topic. My consistent aim is to make you grow and make the money.

Youtube is also one of the best ways to make money online.

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