Okay, the most apparent method to make money on YouTube is through advertising. However, it is not the only or, to be really honest, the best approach.
YouTube has 1.9 billion monthly viewers, making up about 50% of all internet traffic. However, 500 hours of footage are also being posted to the website every minute.
You are aware that this post will not discuss how simple it is to purchase a Swiss watch using the advertising money from your YouTube views.
1. Register for the YouTube Partner Program
Regular YouTube users may access exclusive features on the website through the YouTube Partner Program.
Being a Partner makes things much easier, but you don't need to be one to make money on YouTube (simply setting up an AdSense account and gaining views is enough to manage that).
YouTube Partners have access to several revenue streams, including not simply video advertisements but also YouTube Premium subscription costs and services like Super Chat, channel subscriptions, and the product shelf that immediately access your committed fans' money.
2. Sell your own merchandise
You can consider yourself to be an entrepreneur second, and a content producer first. Remember that Drake also sells shirts.
If, on the other hand, you're a businessperson first and a video maker second, you undoubtedly already have a product to offer and are planning your YouTube marketing strategy accordingly.
Selling products on YouTube is a viable way to earn money in any scenario.
3. Produce sponsored videos
An influencer doesn't have to be an Instagram user. The benefit of the method is that you avoid having to give YouTube a percentage of your profits. Direct payment from the brand follows a straightforward arrangement. It makes it logical that YouTubers rely on it frequently as a source of money.
Brands would undoubtedly want to hear from you if you can provide them with a big /or active following and if your material is pertinent to their target market.
4. Join as a partner affiliate
Look for businesses that invest in affiliate marketing if your YouTube following is loyal and active but not quite there in terms of size.
Brand-affiliated YouTubers advise their followers to visit the brand's website or specific product pages. Afterward, they receive a cut of any purchases generated by their affiliate links.
5. Request donations from your supporters
The many income sources included in this YouTube money-making technique all share one thing in common: you must make it simple for your followers to express their gratitude by paying with a credit card.
6. Utilize crowdsourcing
Online contribution requests are increasingly routine. Crowdfunding is how many YouTubers generate money, whether they want to finance a personal, channel-related project or want to develop a continuing income from a pool of tiny monthly donations.
The best option for recurrent donations is Patreon. In the meanwhile, one-time campaigns to purchase a new laptop or microphone work well on websites like GoFundMe or Kickstarter.
7. Give the media a license for your content
Every news organization wants to obtain a copy of a popular video so they may broadcast it to their viewers. Fortunately, reputable media organizations are aware that they must pay for the resources they consume.
And there you have an additional option to monetize your YouTube channel. Making sure you are simple to locate as a content provider will help you license your best work to the media.