If people are uploading videos to YouTube, one of the main reasons is to make money on YouTube (If you are good at something, never do it for free). There are five billion YouTube videos are watched every day it means every smartphone user on Earth is spending at least 40minutes per day watching YouTube. On this platform, you’ll be able to learn, teach, entertain many more things will be possible.
YouTube has made people millionaires, today we will tell you 3 Ways to make money on YouTube. For some people who are in dilemma or still thinking will it be possible to make money on YouTube with this competition? The answer is yes it’ll be possible. You can even start working as a content creator for YouTube videos, even that can help you earn some money indirectly from YouTube.
How do people make money on YouTube?
Google AdSense On YouTube:
Remember in you can only start earning money in this method if your subscribers are 1000 or more.
Google AdSense is not only for the people who create text content and if that content has reached people then Google pays you some money by advertisements basing on the reach of the content. It is also possible with your YouTube channel as well. If you started publishing your YouTube videos through your YouTube channel, you simply need to go to your YouTube channel’s features and just turn on the monetization option. After following few steps that were instructed there, you can monetize your videos. You can choose yourself which videos to monetize and types of ads. From there you can start earning based on the reach of YouTube videos.
YouTube influencers like, those who have millions of subscribers will get a lot of emails from the brands and agencies hoping to be the partners with them. YouTube influencers choose which brands based on their YouTube channel theme, budget, and compensation, promotions, and their personal interest and taste they will select the brand, that brand will sponsor the YouTube influencer for every episode on YouTube they make.
Selling Products On YouTube:
Selling products on YouTube can become a large part of revenue stream, from the past few years YouTubers have taken a step forward into merchandising. YouTubers can market their t-shirts, coffee mugs, or caps on their page a few of the subscribers will buy any of those gladly. It is necessary to maintain the brands created by the YouTubers that must be related to that channel only. If the subscribers are buying stuff from the channel where they can make money through selling. To know more please refer to other ways in sponsorship like Direct to your website, ads on other YouTube channels, and Patronage.
How Much Money Can I Make On YouTube?
On average YouTube pays between $0.01 to $0.03 for a view with an ad, basing on that YouTubers can make around $8 per 1,000 views with ads. But, you need to consider multiple factors to get such high pay. If your audience is more from the United States or the United Kingdom, your chances of getting more money are easy because of the fact people from these countries tend to purchase online. Forbes says an average YouTuber can make around $5 for every 1,000 video views.
Whether you are a novice or expert, there is money to be made on YouTube. The three ways we’ve shared will give you an idea of what it takes to succeed and make some cash from the world’s largest video sharing platform. Have you tried any of these methods? What other ideas do have for making money from YouTube? Let us know in the comments below!