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Friday, June 17, 2022

6 Viable Ways to Make Money on YouTube

Dollar bills held out in a fan shape.
Yes indeed? If you know what you are doing, you can make a lot of money on YouTube where nearly everyone else appears to be playing around with videos. If you get the hang of it, you can even make a full-time income by regularly posting quality videos on the platform. You must be sure to understand the community rules of YouTube platform and always watch out for any changes in these rules. Work in compliance with these rules and be consistent at posting quality content on the platform always. That’s about the best way to make money on the platform particularly when you do the following. 



1. Create a Quality Blog

Blogging is all about quality content. You can write out your YouTube videos and make them into articles. With the written words on YouTube videos, blogs usually have a better click through rate on CTAs and on affiliate links as well as display ads. You can also have guest posts or promotional content on videos to gain some traffic and extra money from your blog.

2. Join YouTube Partners Program

Most marketers generally agree that this is about the easiest way to earn money from YouTube. But first, to make money, you must have to join the partners program. By joining, it simply means you have become a partner and allowed YouTube to run ads on your videos. Your duty is to post quality videos and YouTube runs the ads and you earn commissions from ads sales. However, what qualifies you to join the program is that you must have at least 4000 hours of watch time on your videos, and not less than 1000 subscribers. You have the option of choosing what type of ads you want appear on your videos. That gives you quite a big control over what is shown on your content. Usually, the commission payment is split 55% and 45% between the content creator and YouTube. When the numbers add up, this can translate to a huge income for you the content creator.

3. Promote Sponsored Content

There are very many reputable brands that love to work with content creators and you can be one of such creators. You can make money working with sponsors when creating YouTube content. It either you actively reach out yourself to such brands or wait for the brands to reach out to you. Sponsored content thrives on many rules. The most common of these rules is that when creating sponsored videos, you will need to get the approval of the sponsoring brand before publishing. Once approved, you must arrange the fees for your services before you go ahead to publish the content.

4. Create Your Own Branded Merchandise

By creating your own unique branded merchandise, you can earn some extra money on YouTube. But first, you must partner with a print on demand partner who will print and ship out your orders as they are made. To get started, you need to make a cute design to put on your merchandise items. If you have the expertise, you can create this design yourself but if not, you can hire a reputable designer to help you out. Once the merchandise is created, you can make a stunning photo-shoot for ads purposes before adding the items to your e-commerce shop on platforms like Shopify, Squarespace, Weebly, etc. Your branded merchandise can be anything from trainer shoes, sweatshirts, t-shirts, hoodies, tote bags, key holders, table mats, napkins, ballpoint pens and sundry other items on great demand which YouTube viewers like to see. Yours is to get the order through your YouTube video content and your demand partner will print and ship out the order. You make money directly from the sales of your branded merchandise.



5. Affiliate Marketing

Helping product merchants market their products on YouTube in return for commissions is affiliate marketing. What you do is to make sure you have specific affiliate links to products/webpages in your blog posts or YouTube video descriptions. When people click on these links and make a purchase on the site, you earn a commission from the transaction. You can get affiliate links directly from product merchants in your niche or you get the links by joining a reputable affiliate program in the mold of Strong Future International, SFI, Amazon Associates Program, eBay Partner Network, ShareASale and others.

6. Sell Specialized Courses

To do this successfully and make money from it, you must be some kind of expert at something. That means specialized skills and knowledge. This knowledge may touch on fitness, body building, singing, dancing, playing a musical instrument, and any other human activity on demand by others. You can teach the skill directly through webinars or package it in form of eBooks for wider sales and distribution. You can promote your skills through YouTube videos to get patronage. You don’t even have to be the best or the biggest expert in the field to make money. You only need to know a bit more about the topic/subject matter than some other people and you get patronage. Talk about your chosen topic/subject matter expansively in your YouTube videos by giving out insights and tips from your own experience. Many people will appreciate that and pay more attention to what you are saying. You get patronage from there.

Final Thoughts

The foregoing are some of the most viable options to earn money on YouTube if you are a YouTuber. If you really want to make money on YouTube, it is advisable to explore all the options to see which of them is easier for you to handle and which earns better income for you. That is irrespective of whether you are experienced in YouTube marketing or you are new in it. Give them a try, stay on it and see what pans out for you going forward. Good luck!!

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