How To Make Money On YouTube - Check Out 7 Effective Ways
If you are wondering how to make money on YouTube look no further, And make use of these 7 Effective Strategies.
Ad-revenue is the most obvious way to make money on YouTube. But it isn't the only way to make money on YouTube. But it is the best way to make money on YouTube.
TABLE OF CONTENT
Join the paid partner program
Sell your own merch
Create Sponsored Content
Become an affiliate partner
Get your fans to pay you directly
Use Crowdfunding
License your content to the media
#1. Join the paid partner program
The YouTube partner program is how regular Youtube get access to special features on the platform. Although you don't need to be a partner before you can start making from youtube (just setting up an AdSense account and getting views is enough to handle that), but being a partner makes it a lot easier.
Step 1: Start A YouTube Channel
create your Youtube with a new email and add a profile and also name your channel.
Step 2: Make your channel successful
To join the program need to have at least 1000 subscribers and 4000 watch hours in the previous 12 months.
Step 3: set up an Adsense Account
Step 4: Explore your new monetization features
Each monetization channel has different eligibility requirements. For instance:
Ad revenue
To earn ad revenue you must be at least 18yearsc old and must create content that is advertiser-friendly. so that advertisers would comfortably run ads on your videos, and you make more money.
YouTube premium revenue:
if a youtube premium member watches your videos you get a portion of their subscription fee(This one is automatic, which is nice.)
Merchandise Shelf:
To sell merch from youtube's merchandise shelf, you must be at least 18 years old and have at least 10,000 subscribers.
Super Chat Payments:
fans can pay you for their message to be highlighted in your live chats during your live stream and you must be 18 year old
#2. Sell Your Own Merch
You can sell out your product on your youtube channel
By promoting your products on your videos, you can put them on video either at the beginning of your video or the end of your video.
By doing this you can sell out a large quantity to your audience and aslo make more profit.
#3. Create Sponsored Content
You don't have to be on Instagram to be an influencer. Its advantage is you don't have to give youtube a cut of your earnings. You negotiate directly with the brand, and they pay you directly.
#4. Become an affiliate partner
If your YouTube audiences are loyal and engaged, but not quite there yet headcount-wise, look for companies investing in affiliate marketing.
Youtubers affiliated with businesses encourage their viewers to visit the brand's online store or specific product pages. They then get a percentage of sales made through their -you guessed it- affiliate links.
#5. Get your fans to pay directly
This strategy for making money on YouTube includes a few different income streams, but they all have one thing in common: you have to make it easy for your fans to show their appreciation with their credit cards
Step1: Host live chat where people can use Super chat
In early 2017, YouTube replaced their previous fan funding feature with "Super Chat". This is a feature that is only available to YouTube partners while the live stream.
#6. Use Crowdfunding
Soliciting donations online is now commonplace. Whether you're looking to build ongoing revenue from a pool of small monthly donations or looking to fund a personal channel-related project, crowding is how many YouTubers make money.
.......Set up a crowdfunding account
#7. License your content to the media
When a video goes viral, every news outlet wants to get their hands on a copy to replay it for their audience.
Fortunately, established media companies are well aware that they need to pay for what they use. and voila, you've got yourself another way to make money on YouTube.
As a content creator, licensing your most successful work to the media can be a simple as making sure you're easy to find.