9 ways of earning money through YouTube

by | Feb 13, 2019 | blog | 0 comments

What comes to your mind when you think about any video? YouTube?  Certainly yes.

YouTube is the largest platform in current date (2019) for vlogging or video blogging. YouTube has all kinds of videos in its own world and it is absolutely free to sign up and showcase your videos and blogs. It is apparently that one platform everyone loves.

If you are a YouTuber or you want to be a YouTuber and aspiring to earn money out of Vlogging, you need to understand the basics first and make sure you follow the guidelines of the platform.

But first, let us dig in the stats which will take you through how this platform is going to change your life.

  1. 500 million hours of videos are being watch on YouTube across the planet, everyday.
  2. 87% of online marketers use video platforms like YouTube.
  3. 82% of Twitter users tend to watch video content on social media.

Point 2, is suggested to read twice to understand what a video can do these days. Except that 13% crowd, everyone are making money out of the platform. If you are in that 13% range, well, don’t be anxious, we’ll get you there very soon. This article helps you on how to earn money out of YouTube

Select Your Niche and

First things first, you need to decide your niche on which you want to Vlog about. Be it food or sports or lifestyle or comedy or anything of a niche should be selected. You have to select that niche where your passion drags you to.

Your niche helps you to make a community of your own and as growing by, similar niche brands who would like to collaborate with you.

For example, if you upload a video on fashion today, upload another about computer, your audience will fall under confusion and will be not interested to watch your Vlogs as they talk about every topic. Instead to create your audience, take one slot and start making videos on them.  Slowly you will start gaining your community who shares same interest of yours.

Patience is the key:

It is not easy as it is written to grow your community. It doesn’t when you upload one video and sit waiting for views or money to arrive. It is all about the consistency. You need to be constant in your content uploads and also make sure your content is watch worthy, because no one would like to watch boring content especially when we have some amazing competition out there.

Analyse your capacity and upload a number (say 3) videos a week and maintain this for a time being.Also uploading some interesting and capturing thumbnails to the video drives lot of traffic and this gives many views and likes to the video. It will grow patiently, strongly and forms a fan base in no time. This increases your subscribers which is your answer for this evergreen question “How to earn money through YouTube?”  check out the next point to understand it better.

 

YouTube Partnership Program (YouTube Adsense)

This is the basic way of earning money through Vlogging. And this is a sure way many of the YouTubers earn money from. Adsense makes users see the contextual ads on your videos , when a user clicks on them, you get paid.

Also do you remember the video ads we get to see in videos? You can also get paid by them. You will be paid for 1000 impressions. Best way to earn more money is to increase the views on your videos. As mentioned in the above point, all you need to do is the effort to make it big by being consistent.

Both of these methods are actively used by many of the YouTubers. However, there are some criteria you need to be passing if you want to earn from your content. YouTube tests your seriousness before they take you seriously. The eligibilities for monetizing Adsense in your channel are

⇅ YouTube Adsense should be available in your country
⇅ Make sure you have at least 1000 subscribers to your channel.
⇅ You need to have more than 4000 watch hours till date
⇅ You need to be creating content which resonates YouTube partner program policies
⇅ Make sure you linked to an approved adsense account

 If you are eligible with the criteria, create your adsense account by following the steps here.

Merchandising

This is one of the classic ways of earning money through YouTuber. Popular YouTubers or celebrities has been merchandising in here.

It is understood that YouTube is a money making platform and hence it gives opportunities for YouTubers to earn money from their subscribers. Create your own brand by creating your own merchandise and can sell it to your fanbase. A merchandise can be anything like Tshirts, caps, notebooks, stickers and anything of such sort.


You can check eligibility sites for merchandise here.

YouTube Super chat:

So this again mostly works out for the popular YouTubers, the YouTube celebrities who has a strong fanbase. It works when you have a live chat on. On the live feed, if a person wants their comment to be stand out from everyone and keep it repeating, he needs to pay for it. And whatever he pays, it will directly go into your account. It’s simple, isn’t it? No, in order to do this we need to first have a strong audience base. So this again takes us to the first point.

Eligibilities for Super chat is,

 

  • Make sure you are in available locations
  • Make sure your channel is monetized
  • You need to have 1000 subscribers,
  • You are above 18

Channel Membership:

This was initially named as sponsorship and later changed into channel membership. This needs solid following for your content and channel. To enable this feature you need to have a strong audience too, I must say rather a strong fan base.

So this is nothing but a content creator, who is you, will be collecting subscription fee from your biggest fans. In simple words, your fans or the people who admire you will be paying to have subscribed to your channel and enjoy all of its benefits in return which includes exclusive content and badges etc.

Eligibilities for this one will is quite interesting:

  • Make sure it is available in your location.
  • You need to have at least 30,000 subscribers in your pocket
  • You are over 18 years old
  • Your channel is in the YouTube partner program (Adsense)
  • Make sure you have zero strikes (copyright strike, community guidelines strike, any strike is accepted only thrice. After that you will be terminated.)

CrowdFunding

Crowdfunding basically means people get together and pay small amounts of money inorder to get a product required for a person. In this case a content creator would be raising funds for his content on few crowdfunding sites.

Most of the beginner YouTubers do this activity and earn their monthly quota by this way. This is also done by those YouTubers who haven’t reached to a certain subscriber base or still haven’t been eligible for the monetization process of YouTube only.

These are few crowdfunding websites which YouTube supports where you can crowd raise money from.

Sponsored Videos:

This is again one of the basic. It has a hint of affiliate marketing too. Here, the content creator will take money from a brand and promote it in their way on YouTube. In many videos we watch when the creator names any brand, be it funny or creative or story telling or just an unboxing video will be coming under this category. In this way a YouTuber will not only get money, but also have the perks of experiencing the brands.

This requires marketing skills in a YouTuber. Every entrepreneur should be a good marketer as they aspire to develop their own brand bigger. A few generic suggestions to approach this way of earning money

  

  • ☑ Make sure you align to a niche
  • ☑ Start with small brands or local brands
  • ☑ So before you go to bigger brands, you make sure your creativity becomes strong and this gives a lot of experience to challenge your creativity as well.
  • ☑ Keep doing sponsored videos for small brands consistently and creatively patiently and them aim for bigger brands. If your content is watch worthy, bigger brands notice and they come to you with a collaboration proposal.
  • ☑ Believe in your content and work you selected to do and also remember, good things take long time to happen. So be patient.

One of the top platforms who helps in getting you a sponsored video is Famebit. Famebit is now acquired by Google. It is a YouTube company and they connect content creators to brands. It’s absolutely free to sign up for both creators and brands. When a creator gets money from the brands, 10%of it will be commissioned to Famebit. Another fact, you need to have minimum 5000 followers to join famebit.

It is so fascinating to know about these interesting platforms who offer work and encourages every creator online. There are many such helping platforms where people are not much aware of like Grapevine,Izea etc. I’m sure not many know about it. But they are pretty useful.

Affiliate marketing:

Most of the YouTubers earn through Affiliate marketing as well. They buy few products online and they mention them in their video and also in the description. And if someone bought that product from the link mentioned in description, the online brand will pay you commission, which is pretty awesome.

Most of the YouTubers usually do Amazon Affiliate marketing as amazon pays well for the affiliates. Click here to be an affiliate of amazon.

Also one of the best ways of driving traffic to your website is through YouTube. Mention your website link in the description and also in the video so people are aware of your website and eventually you increase your reach.

YouTube Premium:

This is a mini Netflix of its own. People have to pay a certain amount to watch the video for ad free, premium and unique content.  If your content have capability to bring audience even to paid videos, this will be the staircase for you to earn crazy. Because all the fabulous content that is in YouTube is available for free. So make sure your content becomes the big guy which attract the viewers.  

Apart from these ways there are endless more ways to earn online and that will be left to your creativity and intelligence but the mentioned ways are the most successful and practiced by successful YouTubers themselves.

Now it’s time for you, who is reading this to make some noise and inspire more other aspiring YouTubers out there.!

 

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