Today we are stepping into the idea of monetizing your Youtube channel. This is a deviation from my usual marketing post and I would love to see some feedback, as to how you all like it!
Do you know that YouTube is the second largest search engine in the world (after Google)? This platform has a massive audience base and actually takes up one third of the entire planet with its 1 billion users!
Youtube is the digital platform which has already made tons of millionaires. Some examples of millionaire Youtubers are Ryan’s World and several others. Speaking of which, if a 9 year old makes 24 million dollars from this show in 2021. Imagine what you can do if you put your mind to it.
When it comes to monetizing your Youtube channel. There are so many ways out there. Depending on your niche type and audience, it may differ. You need the monetization method which can provide you the best results.
In this post we will be giving you the keys to making money while making awesome videos to share with everyone!
(Make sure you take a look at some of the links in the post for more valuable content!)
How Do Ads Work?
Before getting started with any ad software, it is good to have an idea about how ads actually work on the platform. After you monetize your channel, your viewers start seeing ads on your videos.
On YouTube, advertisers can run different types of ads – non skippable video ads, skippable video ads, display ads, overlay ads, mid-roll ads, and sponsored cards. When the viewer watches 30 seconds of video ad, the publisher is paid and the advertiser is charged. This is how ads on YouTube work.
Ads are one of the best and most straight forward ways to start monetizing and benefiting from your videos. For those who are looking for more information about how ads can help them, check out this link.
When it comes to unlocking the potential of your channel, it is important to just get started. Too many times I see procrastination when it comes to doing anything. It all takes one step to make a great channel for yourself and ad software like Google’s Adsense help tremendously!
Running Google Ads
One of the best and easiest ways to monetize your Youtube channel is running ads. As compared to other platforms, advertising on YouTube is quite different. For advertisers, Youtube video ads can be an amazing way to promote their product, service, or brand.
AdSense is an advertising network by Google. It is built for publishers to check the analytics of their income. Using AdSense, publishers can monetize various content types like text, videos, images, etc.
Under this method, you are required to just sign up with an AdSense account and connect it with your YouTube channel. Signing up with AdSense will help you to show ads that appeal to your audience!
This takes digging, and I have included a link for you to see exactly how you can utilize AdSense to boost your efforts on your channel. The link does a better job at telling you about this concept in more detail so be sure to check it out for more information!
Keep in mind that your channel needs to have at least 1000 subscribers and 4000 valid public watch hours. This often hinders people from starting but fear not, there are several other options such as affiliate marketing.
This is the best way to create a new income stream of your YouTube channel. If you don’t want to rely solely on Google ads, using affiliate links on your videos can be a good idea.
Affiliate marketing is the act of placing affiliate links within the comments or promoting affiliate products in your videos for everyone to enjoy! When it comes to affiliate marketing, several sites provide you with several avenues as to how you can achieve success. For example, clickbank is a popular affiliate marketing site that allows you to take a course, service, or product and get some of the income from it.
Learning how to provide the best products for your customers can help you achieve great growth for your channel. This why it is important to due your due diligence when selecting products and services for your subscribers!
Take a look at my previous blog post if you want to learn how to use a Google site to generate more income in a manner of minutes!
Funding from your fans
When it comes to building your brand online, it is important to solve your own problems. Whether you are starting a business or keeping track of your finances. One way to solve your own problems is by using your loyal fanbase to help fund your endeavors.
One company that is giving you this ability is Patreon. This is a company that allows you to truly benefit from your subscribes by giving you the chance to give exclusive offers and content that you can’t see anywhere else!
Since 2017, the number for Youtube content creators making five figures is up to 35% and six figures is 40%. This is not to say that this all has to do with funding from fans but it does give you another place you can gain profits.
The Other Ways To Monetize
Youtube monetization is so extensive that it would take a very long blog post to fit everything in it! For you, I provided you with a few alternatives so you can at-least get a idea of the options that are available to you going forward!
Some of alternatives can include:
Brand Monetization: This is where you can get profits for creating a brand on Youtube and then monetizing through the use of sites like Teespring, making a Podcast from your brand (Check out mine), and selling whatever else you feel would push your brand forward!
Ticketing: This is when you market different concerts and other events on the top of your Youtube page. Through a partnership with Ticketmaster, this is a new way for content creators to develop more money from Youtube.
Brand Sponsorship: This is the act of getting money from promoting different brands. This can be acquiring money from brands in your niche or it can be getting money from people outside of it. It depends on what you think you can benefit from the most!
The first Youtube video ever can be seen here. It features the co founder of Youtube at the Zoo talking about a elephant. Just goes to show you how far this site has come and how far it is still going! Youtube has made billionaires and it continues to be a hub for those looking to effectively create a brand that works for them.
You can make a video about anything and monetize it for yourself. If you have any idea, or you believe that there is a audience for what you love then make a Youtube. If you are consistent and continually thrive to see results Youtube can turn into something way more then a side hustle, it can turn into your prime source of income.
Lastly, when it comes to the act of calculating how much you earn from Youtube. You can do this through many ways on the web such as this link here. It is a calculator for those who want to see how much other people are making and how much you are making! Enjoy.
Looking to get started today? Just type in “How to start a Youtube” and you will find tons of people waiting to help you get started!
Liked this post and want to keep reading? Take a look at some of my previous post below :