Looking to make money on Youtube and have been asking “How do I start making money from YouTube?”, we have got you covered in this article.
There is no doubt that making money on YouTube has become the dream of thousands of people around the world. YouTube earning is different from conventional jobs; you can earn thousands of dollars in a single month. The potential of this communication channel is absolutely brutal.
Ready to learn how to make money on YouTube… let’s go!
Creating Your YouTube Channel To Make Money on YouTube
Creating your channel is a quick, easy, and totally free process. However, not everything is as easy as it may initially seem. Behind the success of many YouTubers, there is enormous work and effort. Also, there are some risks and drawbacks that you should be aware of before you start.
To earn on YouTube, you are required to have a certain amount of views and subscribers. So if you are still searching on how to make money on YouTube without 4000 hours and 1000 subscribers, don’t miss the following lines of this article that have been written primarily for you.
How to Make Money on YouTube
After reviewing some examples of successful YouTubers and knowing the basic requirements to start this business, we can now get to the heart of the matter: how to make money on YouTube, the best formulas and strategies.
However, you should keep in mind that there is no secret formula to making money on YouTube, but rather, it is the conjunction of several monetization methods that will ensure that you can obtain the maximum possible benefits.
Next, I am going to show you the seven most common ways that almost everyone uses. From there, you will have to choose the ones that suit you best and start.
1. The Use of AdSense to Make Money on YouTube
YouTube belongs to Google, so the easiest and fastest way to start monetizing your channel is using its advertising platform. As is evident, it is the most used route, although unfortunately, it is also one of the least profitable.
You can also earn money from YouTube without Adsense but the most common one is the use of Adsense. This is especially palpable in countries, where AdSense advertising is much worse than in the US, Australia, or Canada, to give a few examples. Still, if you have a channel with many visits, you can earn a lot of money.
On the positive side, is its ease of implementation, a fast and practically automatic process that you don’t have to worry about.
To activate monetization with AdSense, YouTube requires a minimum of 1,000 subscribers and 4,000 hours of viewing in the last 12 months. In addition, your videos will not be able to show advertising of any kind.
2. The Use of Affiliate Marketing to Make Money on YouTube
If you are wondering how to monetize YouTube without 4000 hours, 1000 subscribers, and apart from AdSense advertising, affiliate marketing is one of the best alternatives (or plugins).
This system allows you to earn commissions through different methods such as CPA, CPL, or CPI. It’s about people registering or purchasing products on external platforms through a custom link created especially for you. You can do this through affiliate platforms where you will find hundreds of products and services to promote.
3. The Use of Sponsorship to Make Money on YouTube
Getting sponsorships for your brand or company is something that has been done for many years in the field of offline business. This has also reached the Internet and is a way like any other to get financing for your project.
If you have just started and you have a small YouTube channel, it will be almost impossible for you to get any sponsorship, but as you grow, some brand or advertiser will likely contact you to place adverts on your channel and you can make money on your YouTube that way.
On the other hand, several platforms connect content creators with brands and advertisers. Thanks to them, you can advertise your blog or YouTube channel and wait for an advertiser to be interested in your space on the network.
4. To Use of YouTube memberships to Make Money on YouTube
Knowing the discomfort that exists in the content creator community, YouTube has set out to expand the ways of monetizing its platform. This is the case of memberships, a way to earn additional money for YouTubers through the creation of exclusive benefits for its members. The channels that have implemented this new formula are very easy to recognize since you will see the Join button next to the usual subscription button.
5. Collaborations with advertisers and brands
YouTube is the perfect audiovisual medium to connect with your audience and establish a relationship of trust because as your channel grows, your level of influence will also increase, something commonly known as “influencer marketing.”
Due to this, brands and advertisers are on the lookout and the “search and capture” of influencers with great power of influence over their followers, since they know full well that they can become the best possible promotional tool.
Although this type of collaboration indeed has a certain resemblance to affiliate marketing that we have seen in point 2, they differ in the way they approach them, being much more direct collaboration formulas between YouTubers and brands or advertisers. Listed below are a few examples:
i – Sponsored videos: It is as easy as creating a video and saying that a specific brand has sponsored it. It is usually wedge-shaped at the beginning and end of playback.
ii – Lead generation for third parties: It consists of driving sales and customers. For example, a YouTuber with a channel on mobile repair that refers customers to specialized stores.
iii – Collaborations in events: The mere presence of a famous YouTuber (by way of interview, for example) can dramatically increase the audience attending any event.
iv – Advice to brands: A YouTuber who has excellent feedback from his followers (comments, opinions, complaints), can contribute a lot of interesting information when it comes to improving certain products or services.
v – Product placement: This is one of the most used methods today. It consists of creating videos in the form of tutorials or reviews in exchange for remuneration (money, products, etc.) by the brands.
vi- Merchandising: This system is similar to the previous one, but that is carried out in a much more ‘disguised’ and discreet way. It is about showing a brand (or several) but without naming them at any time in the video.
6. Sell your services and products
Obviously, if you have a powerful communication channel, you can take advantage of it to sell your products or services. In the long term, it can bring you many more benefits than any collaboration with third parties.
The star product with this system is info products, especially books and online courses. The advantages of this method are many, especially its ease of fitting into various topics and the possibility of automating the process.
There are several other things you can do to start making money on YouTube and also monetize YouTube without 4000 hours and 1000 subscribers like;
- Creating an online course,
- Sending traffic to your blog,
- Build an email list by offering free lead magnet in your videos preferably at the end, etc
You can also read my other article on how to earn money from Facebook videos here -.> (Source: The Graduateboss.com)