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5 hours ago
Thousands of people are currently making videos about their life, career, travel, experience, and they even vlog about their life. Becoming a successful Youtuber looks easy, but it requires a lot of hard work and consistency. However, if you are already a video creator, you may be looking for ways to earn money from Youtube.
3 Ways to Make Money from Youtube
1. Youtube Partnership Program (Adsense)
Adsense is the easiest and the most common way to earn money on Youtube. Adsense shows the ad on your videos. When a viewer clicks on the ad, you earn money. The best way to earn more money is to increase the viewership of your video. Youtube partner program is a provision through which popular channels can earn money from their videos. In addition to that, it allows video creators to monetize their content on Youtube. There are various requirements in order to become a partner.
Here are the eligibility criteria of the Youtube Partnership Program:
- Your channel should follow all the policies and guidelines
- You should only have 1 AdSense
- You should have at least 1000 subscribers
- You should have more than 4000 public watch hours
- You should have linked an approved AdSense account
Follow these steps to get your Youtube channel monetized:
- Select your account icon - Creator Studio in the top right corner
- Select Channel - Status and features in the left menu
- Click Enable Under "Monetization"
- To accept the YouTube Partner Program Terms, follow the on-screen steps
2. Affiliate Marketing
Besides using affiliate marketing on your blog, Facebook, Instagram, Pinterest, Twitter, etc., you can do affiliate marketing on Youtube as well and earn money. To become an affiliate marketer, all you need to do is pick up the right product, make a video on it and add the affiliate links or codes in the description.
With these links or codes, your viewer will get some discount and you will get paid for referring them the product. One of the largest affiliate programs is the Amazon Affiliate Program and is the best to start with. However, smaller brands and companies also offer an affiliate program. Remember, each program will take a small percentage of commission as a sale.
Furthermore, your earning will completely depend upon how many views you're getting. There are a few things you can do to increase your videos views, such as create content, share your videos on social media; namely, Facebook, Instagram, Twitter, Pinterest, etc., share your content on relevant websites, be consistent with your videos, enter eye-catching thumbnails, and so on.
You can also use your videos to build a list by creating an email marketing campaign with a tool like Kartra that handles everything within building out a complete campaign from landing pages, sequencing the emails, and more.
3. Third Party Sponsorship
Youtube sponsored videos are those where you take money from companies for promoting their products or services. Sponsors will pay you a decent amount of money to promote their products or services and give you a link. When someone will buy from that link, you will earn the extra commission from them. If you have a good number of followers, the brand will pay you to endorse their product or services.
A lot of Youtube creators earn money through sponsorship.
Product sponsorship can be something where a brand sends you product or provides a service free of cost and in return, you do a video for them. When approaching a company for a sponsorship or a brand deal, you need to work out the details in the proposal you're going to present. Make sure you know your audience well, and the brand you're approaching. It may take a long time to make a deal. Meanwhile, keep working on creating great content, increasing viewers and subscribers, and build traffic to your channel; a great way to draw the attention of companies toward your channel.
Once you get the sponsorship opportunities, it is very important for you to figure out how much you want to charge. There are a lot of pricing models, but it is highly recommended that you start with a flat fee system, which is best when you are a newbie.
Some of the platforms where you can connect with brands, and which can help you with some sponsorship videos, are Famebit, Channel Pages, Grapevine, and Izea.
Here are some things to keep in mind before starting sponsorship videos:
Nowadays, a lot of people are using Youtube to make money, and if you think you can create good content, you can be one of them. All you have to do is come up with a great idea and be consistent with your work. Creating Youtube videos require a lot of time and dedication. Follow these 3 ways to earn money from Youtube.
Some of the platforms where you can connect with brands, and which can help you with some sponsorship videos, are Famebit, Channel Pages, Grapevine, and Izea.
Here are some things to keep in mind before starting sponsorship videos:
- Make sure you know what your niche is and who is your target audience.
- Build high-quality content video. Come up with new ideas to attract your subscribers.
- Identify the right companies. All people can't be your target market. It's a good idea to first identify the industries and companies to reach out to.
- Before going to big companies, reach out to the smaller ones. There are small companies who are looking for collaboration.
Nowadays, a lot of people are using Youtube to make money, and if you think you can create good content, you can be one of them. All you have to do is come up with a great idea and be consistent with your work. Creating Youtube videos require a lot of time and dedication. Follow these 3 ways to earn money from Youtube.
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