How To Make Money With Youtube
Since the advent of the smartphone, hundreds of job opportunities have been created. Now we can comfortably stay at home and earn a living. We talk about how to make money with affiliate marketing on one of our posts.
Around the globe, over one billion Youtube videos are watched daily. The popularity of Youtube is so vast, with users spending over 30 minutes on a Youtube session.
Earning with Youtube is very attainable but needs dedication and consistency as the competition rate is high. You generate revenue by the content you share and how many views and subscribers you have. Over the years, some Youtube contents have reached a maximum of 8 billion views.
Requirements to earn with Youtube.
Each method of earning with Youtube has its eligibility requirements, and some of them differ from others.
· You should be at least 18 years old or have a guardian to help you with the payment process.
· For channel membership, you need to have 1000 subscribers and above.
· For Ad revenue, you should create contents that are advertising-friendly.
· For the Merch shelf, you should have over 10,000 subscribers.
· You should understand the legal policy for there to be no breach of privacy.
How To Earn With Youtube
1. Youtube partner program(YPP)- to become a partner, you have to:
· follow all Youtube policies. Those policies enable you to earn with Youtube. Compliance with these policies would ensure that your Youtube monetization aim is fulfilled.
· Also, you should be residing in a country where YPP is available.
· create a Youtube channel. The Youtube partner program requires that your channel has at least 1000 subscribers, so your channel should be successful enough to gather subscribers. You can study other successful YouTubers for you to understand how to generate traffic on your channel. Check out other channels doing similar content as you and figure out how to improve. Creating a successful youtube channel is not about how often you upload contents or how many contents you upload. It is about creating content that would gather a fair audience and turn them into regular viewers or subscribers. Let your channel be versatile. There are hundreds of other channels doing similar things as you, so be unique with your content. Please take note of the content that attracts more viewers, generates more traffic, and expounds on it. Keep the viewers intrigued and notice the increase in your subscribers.
· Set up an Adsense account. If you have an existing AdSense account, then you should link it to your Youtube channel. Or you can create a new one. With one AdSense account, you can earn from more than one Youtube channel. You can get the step-by-step procedures on how to set up an AdSense account on Youtube help.
· Utilize your money-generating features. There are several monetization features, and you should have adequate knowledge about them. Some of them are:
Ø Ad revenue
Ø Channel membership
Ø Merchandise shelf
Ø Super chat payment
Ø Youtube premium revenue
· Be open to reviews. Apart from following YPP, you should also follow community guidelines. Submitting to reviews gives your channel transparency and makes your viewers feel like they have a connection with you.
2. Create Sponsored Posts ( Affiliate Marketing)- Affiliate marketing is a very effective way to earn with Youtube. Here, you market a product or services to your viewers. They purchase that product through your link, so you get a commission for your referrals. To be a successful affiliate marketer, you should:
· collaborate with a brand. Make your research on brands and find out which niche you want to settle on. You can pitch to different brands and then partner with the ones you chose. There would always be brands in need of affiliate marketers. It would be In your favor if you already have a large and engaged audience because you have to be convincing the brands that partnership with you could generate more revenue.
· Know your worth. Due to YouTube's cost per video, Affiliate marketers earn more on Youtube than other social media platforms. So make a deal with the brands on what commissions you'd be given. Know your worth, and do not undersell yourself. Your compensation would depend on the size of your audience and how well they engage.
· Keep to legal policy. Do not steal content. Also, to not breach any policy, you should clearly state when sharing a sponsored post.
3. Sell Your Products- creating content for brands shouldn't be all you would do on Youtube. Sell your products. Be an entrepreneur as well as a content creator or an affiliate marketer. This can also be called Merchandise Shelf. It is a very viable way to earn with Youtube. Here is how to begin:
· Be innovative. It would be best if you were innovative and imaginative. Make your unique designs. Stand out! There are thousands of brands out there, so be different. Engage your audience. Because the brand is not for you. You are making a brand to be patronized by viewers, so hear their opinion.
· Build your business. Build it! Get contacts of all the agents you will need. Be in touch with suppliers, create content. Let your brand represent you. Do not stop working towards building a successful brand.
· Promote your brand. Use videos, pictures, create a separate website for your brand. Post links, be your brand.
4. Crowdfunding ( online contributions/donations)- so many Youtubers use this method to earn on Youtube. Online donations are usually made to generate funds for YouTubers. With Crowdfunding, you can earn by
· Setting up a crowdfunding account. Here is a list of approved crowdfunding sites.
Ø GoFundMe
Ø Kickstarter
Ø Patreon
· Upload contents on it. Let people know what the funds are for. Be transparent. Entice, cajole, persuade them to donate with your content.
How To Keep Your Viewers Engaged.
Earning with Youtube is primarily dependent on how many followers you have. It is also dependent on having those viewers engage with your content. Here are some tips that would help you generate traffic on your channel.
· Be Unique- give your audience a different thing or the same thing in another way. Have a signature content. Competition among content creators is high, so you have to do what would make them stick with you. It's not just about having them there the first time but making them come back for more. Let your content be compelling and persuasive.
· Build their trust- engage them in the comment section, let them air their views on your content. Use the products you are advertising so they can feel you are one of them. They know you will be compensated for generating revenue for the brands, so be open with them. Figure out what they like or want.
· Discounts and freebies- now everyone loves getting products for less the price. Do slash sales to reel them in. give freebies, and giveaways to keep them steady and engaged.
· Be stable and consistent- as much as working with different brands might help you earn more with Youtube, too many brands in your channel would not help you win your audience's trust. You have to choose a particular niche, focus on it and be consistent with it not to confuse your audience or give them the impression that you are unstable and unserious.
· Digital marketing-Email marketing is one of the cheapest and reliable ways to sell a product. Most people on your list have viewed and probably purchased your product before. Send mails to inform them
· of new contents and new products. Do not restrict your marketing to Youtube. Post updates on Facebook, Whatsapp, Instagram, Twitter. Your viewers should be engaged on all platforms. Updating them on other platforms helps to remind them of your channel.
· Write captivating titles- let your titles be a must-see. So while scrolling and swiping through feeds and stories or tweets, viewers' attention would be captured by your title. Use descriptive and keyword-rich titles
· Optimize your custom thumbnails image
· Reach out to a target audience-narrow your content for a particular set of people.
· Be familiar with Youtube SEO- do your research and improve your video's search ranking. Optimize your video for its visibility.
· Recreate quality content- there might be previously uploaded content that generated the maximum traffic. Study it and recreate it in a less obvious way.
· Video promotion- Youtube video promotion can be done for a certain fee. Videos and content can be promoted on various sites, blogs, and vlogs.
· Add watermarks to your videos to prevent other marketers or content creators, or entrepreneurs from stealing your content. It should be watermarked.
· Be persuasive- as a good sales agent, one key feature you should possess is the ability to persuade people into buying what you sell. Be compelling! Make them subscribe. Make them like and even share your links.
· Be friends with other YouTubers- you can partner with another Youtuber to promote each other's content.
Have any comments? Do well to share with me in the comment section below.