How to Make Money on YouTube: 6 Simple Steps
If you’re reading this article, it means you’ve probably heard of YouTube and know a little bit about it. Did you know that in 2016, there were more than 1 billion users of Youtube globally? Did you also know that over 300 million of those accessing the video-sharing platform were from the United States alone? And did you know that YouTube is the second-largest search engine after Google?
Moreover, more than one billion users are browsing and streaming videos on YouTube every single day. Keeping this in mind, you need to start thinking about monetizing your video content as soon as possible. You might be wondering how do people make money from creating videos and posting them online for free.
Whether you’re an aspiring YouTuber, an entrepreneur looking to monetize your content or simply someone who wants to make some side money, this blog post is for you. In it, we take a look at how you can start making money on YouTube with ease.
There are numerous ways to monetize your content and grow your audience. If you are struggling to figure out how to make $10000 on Youtube then these simple steps are perfect for you, read on!
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How to make money on Youtube
Create Great Content
The first step to making money on YouTube is to create great, quality content. You want your content to stand out from the thousands of videos that are being uploaded to the platform every minute.
If you want your videos to be discovered by the right people, you need to make sure that they are:
- Authentic: People can tell if you’re faking it. If you try to go for the “money shot” every time, it shows. Be yourself, engage with your audience and have fun while you’re at it.
- Informative: The best videos are the ones that educate your audience on something they may not know about. There are millions of people on YouTube every day. Offer them something unique.
- Compelling: Your video should captivate your audience from the get-go. From the title to the thumbnails, you need to grab your viewer’s attention as soon as they arrive on your video.
Monetize Your Youtube Channel
There are several ways to monetize your channel. Once you’ve built up an audience, you can start earning money by running advertisements on your videos. You have the option of selecting which type of ads you want to run on your channel, and you can even decide on the price.
There are several ad networks, such as Google AdSense, that allow you to run ads on your videos. However, YouTube also has its own native ad program that you can sign up for. The YouTube Partner Program allows you to monetize your videos and earn a portion of the ad revenue that your videos generate. However, in order to qualify for this program, you need to have at least 10,000 lifetime views on your channel.
If you’ve been consistently uploading high-quality content, this shouldn’t be a problem. Once you’re a part of the YouTube Partner Program, you can choose to run ads on your videos or let Google sell ad space for you. This program also allows you to share in the revenue generated from your videos. The more views your videos get, the more money you make.
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Create Paid Content
Another way to make money on YouTube is to create paid content. If your channel has gained enough traction, you can start up a subscription service and charge your subscribers a monthly fee for exclusive content.
Let’s say you create videos about travel, you can set up a subscription service and charge your subscribers $5 a month to access your content. You can also try selling merchandise, e-books and other digital content on your channel to generate revenue.
Once you’ve built a loyal fan base, you can try negotiating a partnership deal with established brands. For example, if you create travel videos and have a large travel-loving fan base, you can try reaching out to travel companies and see if they’re interested in partnering with you.
Use Influencer Marketing
If you want to monetize your channel but don’t want to run ads or create paid content, you can try reaching out to brands and see if they’re interested in partnering with you. You can create sponsored content and share it with your followers which is called Influencer Marketing.
You can try to reach out to product companies and see if they’re interested in sponsoring your channel. If you have a large social media following, companies may be willing to pay you to promote their product or service.
Keep in mind that you can’t just write “sponsored” at the end of your video and expect to get away with it. YouTube has strict rules when it comes to sponsored content, and if they find you’ve broken any of the terms, they may terminate your account. Moreover, you need to disclose that the content has been sponsored in the first three seconds of your video.
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Earn By Running Ads And Networking
Let’s say you’ve already established a YouTube channel but you don’t have the time or resources to create original content. Alternatively, you can try reaching out to other popular YouTubers and see if they’re interested in running ads on their channel.
You can offer to run ads on their channel in exchange for a percentage of the revenue. You can also try reaching out to brands and see if they’re interested in partnering with your channel. Once you’ve built a large following, you can try contacting other popular YouTubers and see if they’re interested in networking with you.
If two popular YouTubers team up, they’re likely to get a lot more views, shares and likes on their videos. You can also try reaching out to other YouTubers with a similar audience and see if they’re interested in partnering up with you.
Have Sponsorships
If you’re already making a decent amount of money on YouTube, you can try reaching out to brands and see if they’re interested in sponsoring your channel. Alternatively, you can try contacting other popular YouTubers and see if they’re interested in sponsoring your channel. You can try reaching out to your followers and ask them to sponsor your channel. The more sponsors you have, the more money you make.
Keep in mind that YouTube takes sponsorship very seriously, and you need to abide by their rules or risk having your channel terminated. You need to disclose the fact that the videos have been sponsored in the first three seconds of your video. You also need to make it clear that you’re working on behalf of the sponsor and are not endorsing the product or service.
Conclusion
There are numerous ways to make money on YouTube. However, to make money on YouTube, you first have to build a strong and loyal fan base. Once you’ve created high-quality content that your audience enjoys, you can start generating revenue. One of the best ways to do this is by creating paid content and securing sponsorships.
Another great way to start making money on YouTube is to create high-quality content that your audience enjoys. You want your content to stand out from the thousands of videos that are being uploaded to the platform every minute. Once you’ve created an audience, you can start generating revenue by generating ads and securing sponsorships.
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