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I Have 14 Ideas to Make Money on YouTube. Do You Have 3 Minutes?

I Have 14 Ideas to Make Money on YouTube. Do You Have 3 Minutes?

Want to make money online? Becoming a YouTuber could be a good choice.

YouTube gets more than one billion unique users a month: that’s a huge audience.[1] Many people are already making money there: YouTube boasts one million creators in its YouTube Partner Program alone. With every 1,000 views, you will be able to get an approximate return of $2-$4.This might not seem a lot, but if you consider making 100 videos with 5,000 views each, that would already be $1,000-$2,000. That would be a decent amount of money.

    However, it may not be that easy from now on. YouTube has applied a rule to the partner programme. Creators won’t be able to turn on monetization until they hit 10,000 lifetime views on their channel as an effort to remove bad actors in the community.[2] This is a heightened threshold for creators who want to earn a living from YouTube.

    Having a million views on a video is nowhere near simple. Luckily, income does not flow only from YouTube revenue or ads, there are also other ways.

    See YouTube as a facilitator to make money, not a monetizing platform.

    It’s easy to get started, simply use Google’s Creator Playbook. But it’s more challenging what you do with it afterwards.

    If you want to start a journey on YouTube, do not see it as a monetizing platform, rather, view it as a catalyst to further your income source. Here are some ways on how to make money on YouTube:

    1. Use YouTube to get traffic to your website and blog.

    If you’ve got a website or blog which brings in income, you need traffic.

    Many websites were hard-hit by Google’s Panda, Penguin and Hummingbird updates. If this happened to you, you’re hurting. You can use YouTube to not only regain traffic, but also increase it.

    Get started with the Creator Playbook. Once you’re set up, consider repurposing some older content into videos, as well as creating new videos. Make sure that you link to your own website in the first line of your video descriptions, so you can funnel your YouTube traffic to where you want it to go.

      The School of Life is an example of getting traffic from YouTube to their own blog.

      2. Create products and promote them on YouTube.

      If you’re creating your own products or would like to, YouTube offers unlimited ways for you to promote your products and make sales. Products you can create include ebooks, apps, art, and music.

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      Create your products, and add them to a shopping cart. Then use YouTube to promote them. Add a link to your product in your video’s description, so that viewers can buy.

      3. Sell others’ products as an affiliate marketer.

      “Affiliate marketing” means selling products in exchange for a commission. Hundreds of thousands of companies offer attractive deals to affiliate marketers who promote their products, including huge companies, like Amazon and eBay, as well as smaller companies.

      Additionally, there are many affiliate networks you can join. These networks include ClickBank, Commission Junction, and ShareASale.com.

        Amazon’s affiliate program

        To make money from YouTube as an affiliate marketer, review your affiliate products on video, or create “how to use this product” tutorials. Don’t forget to link to your products in your YouTube descriptions – make sure you’re using your affiliate link, or you won’t get credit for sales.

        4. Create a Web TV series.

        Love telling stories? YouTube lets you create your own Web TV shows. You’re limited only by your imagination… and your budget.

        You can create a comedy series, a drama series, or your own talk show. Be aware that YouTube limits your show’s length to 15 minutes. To upload longer videos, you’ll need to increase your limit.

        If you’re a frustrated TV or screen writer, get a few friends together, and record your own TV shows. You never know. If you get lots of views, you may develop a new career.

          Smarter Every Day is a web TV series example

          5. Become a YouTube personality.

          YouTube stars can make a lot of money.[3] PewDiePie, despite having lost major advertisement recently, remains number 1 of the highest-paid YouTube stars with $15 million in 2016. It was estimated that he could receive over $13,000 for a week of publications.

          If you’ve got quirky ideas, or are passionate about your interests, develop your YouTube channel. You never know, you may be the next YouTube star.

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            PewDiePie is famous for doing game review

            6. Monetize your videos with the YouTube Partner Program.

            After you’ve created several videos, it’s time to join the YouTube Partner Program. All you need to do is enable your channel for monetization, and you’ll receive your share of the income from advertising on YouTube.

            Just as the YouTube stars do, you’ll get paid for each thousand views on your videos. Click this link to get started – your first step is to verify your channel.

            7. Teach: share your knowledge with tutorials.

            Tutorials are huge on YouTube. If you know how to do something, you can teach others, and make money from your videos. Beauty videos are popular. Michelle Phan, for example has over 1.3 million views.

              Michelle Phan is famous for doing online makeup tutorials.

              8. Test-market your products.

              YouTube is an amazing resource for market research – you can soon discover whether your brilliant, innovative idea is likely to be profitable.

              For example, if you’ve got an idea for a product, but need funding, create some videos before you create a Kickstarter.com campaign. The views and comments on your videos will tell you whether your idea is viable in its present form. The YouTube audience can even help you to make it viable, so that your efforts to get funding are successful.

              9. Become an expert on metadata: use keywords to get an audience.

              One hundred HOURS of video are uploaded to YouTube every MINUTE.[4] This means that there’s a huge competition for attention. You need to do everything you can to ensure that your videos get found. Your videos’ meta data will help.

              “Meta data” is data which gives information about your videos. In its Creator Playbook, YouTube tells you how to create your meta data:

              To maximize your presence in search, promotion, suggested videos and ad-serving, make sure your metadata is well optimized – your video’s title, tags and description

              Optimizing your videos for search makes the difference between success and failure, so be sure to do it.

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              10. Build your brand using YouTube.

              As marketing guru Tom Peters pointed out way back in 1997, you’re a brand, and you have power.[5] YouTube helps you to amplify YOU.

              Whatever you’re doing, and whatever your job, YouTube can help you to become known for your strengths, and make money. Even if you have no clear idea on how you could make money on YouTube, get started creating videos about your interests.

              You may just stumble across a gold mine… just as the people who turned their pets into stars have done.

              11. Turn your child or pet into a star (and make money).

              Two cats, Lil Bub and Grumpy Cat, started out on YouTube, and have become worldwide stars, with book deals.[6]

                Grumpy Cat and Lil Bub

                As Forbes points out,[7]

                “You do not have to be a singer to become a YouTube star. If you are lucky, you could shoot a video of your child, pet, or a double rainbow that strikes a chord and goes viral.”

                So keep your video camera handy. If you see something cute, video it, and upload the video. (Don’t forget the meta data.) You never know who or what will be the next video sensation. Create that sensation, and you’ll make money. So there you have it – eleven creative ways you can make money on YouTube.

                12. Scheduled videos

                It would be much more easy for viewer to catch your content if you publish it in a specific timeframe in a regular basis. It might also make them more tending to following your channel, which is to subscribe to you.

                It is crucial to have base audience which would always come for your content so that you can ensure your number of views for each video. This also is ensuring a steady amount of income.

                13. Crowdfunding

                Crowdfunding is becoming more and more common with the introduction of Kickstarter and Indiegogo. It could be a great source of money if you have a great idea for a media project on YouTube. Not only does it generate your initial fund, it also contributes to establish audience and revenue for your project in the future.

                For example, famous YouTube channel Corridor Digital uses Patreon as a way to fund their videos or movie projects, with return of special perks for these supporters.

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                  YouTube Channel Corridor Digital 

                  14. Seek sponsorship

                  Lots of company nowadays provide sponsorship to YouTube channels for direct advertisement. A common source would be Audible from Amazon which frequently sponsor knowledge-giving show such as Vsauce and Veritasium. The good thing about it is that you can directly receive the sponsored amount rather than splitting it with YouTube.

                  To reach for a sponsorship you might need to work on a detail proposal about the things you are able to provide. Make sure you know well about your audience and the brand you are approaching.

                    Example of sponsorship for YouTube Channel

                    Bonus Tips!

                    Measure your earning goals

                    It is important to check your progress regularly in order to tell if you are still on the right track in terms of finance.

                    Sets goals for yourself to measure. If you are not meeting the goals. the current way for income may not be working for you, or that the quality of the videos are falling . It might be a signal for you to work on some changes.

                    Be creative

                    Quality content is always the key to attract viewers. And to have high quality content you can never be lack of creativity.

                    The internet is changing so fast that a trend can come and go within a week. New ways for you to gain extra revenue could pop up without you noticing.

                    So be creative with your use of resources. Always explore new ways and ideas for production and you may have unexpected returns.

                    Reference

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                    Last Updated on June 1, 2020

                    10 Reasons Why Following Your Passion Is More Important Than Money

                    10 Reasons Why Following Your Passion Is More Important Than Money

                    Elite Daily have got some great points as to why you should chase down your dream job, regardless of how much the wage is. If you’re feeling unfulfilled in your career, maybe it’s because you’re on a path that doesn’t connect with your passion? Maybe it’s time to steer right off that road and take a different route:

                    Money is a very powerful thing, it builds empires and breaks down kingdoms, it allows for dreams to come true and it takes others away, it makes some people happy and others completely miserable. Today the pursuit of money is almost directly linked to the pursuit of happiness, many will argue that money = happiness.

                    However, this is inherently problematic as this mindset leads many people to stray down a path that doesn’t best suit them. When people choose their careers, they are sometimes blinded by money and so choose to follow the paper trail. Although money is great and can buy us all the things that will temporarily make us happy, no amount of money can buy time. Time is our most valuable asset and it is something, that while on this earth, we should spend most wisely. You shouldn’t feel like you’re mindlessly wasting your life away

                    This generation is particularly in trouble because jobs are scarce and many of us will be stuck doing jobs we hate just because we need money. Although this may be the right move for our careers now, this shouldn’t be something we do for the rest of our lives. it is best we search for something we are passionate about. Here are the 10 reasons why you should follow your passion and not the money.

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                    1. Working for money may seem like good enough motivation for one to keep at their career.

                    Every morning Monday through Friday you go to work 9 to 5 sitting their punching away the hours stressing about the work at hand. This is not a way to enjoy your life. Working for 8 hours a day 5 times a week at something that makes you miserable is not the way you live life to the fullest.

                    Many people who choose careers that don’t make them happy will tell you that they would all do it differently if they had the chance. You only have one life, so don’t waste it working somewhere you hate just because of the money.

                    2. You’re more passionate about the work you are doing.

                    There is nothing worse than having to wake up every morning during the week to mindlessly go do work you don’t even care about. However, this is never really an issue when you are passionate about the work you do. If you are not forced to work somewhere because of monetary constraint, you truly enjoy what you do and you never really work a day in your life.

                    3. You can relate more to the work and come up with better ideas.

                    Being forced to do work is one of the most draining experiences. While there are times at every job where you may feel the work may be draining and dull, you have to realize that not every day is going to be an enjoyable one. There are highs and lows, but when you are passionate about the work you you look past the dull days. Your creative process is also different. You are more inclined to come up with creative ideas when you like what you do.

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                    4. Work doesn’t feel like it’s forced upon you.

                    When you value money over your overall health and your passion, you will find yourself in an endless cycle of misery. Work no longer becomes a career or a journey, but more of a  taxing nuisance on your mind and body that has to get done.

                    Every day that you go to work with this mindset you begin to hate your job more and more. While many people feel that they must work hard to retire and have money to enjoy themselves, what’s the point of enjoying yourself in your later years when you spent your life being miserable?

                    5. No matter how much money you make, nothing will help you overcome the feeling of doing something you hate.

                    Many accountants come into corporate America, put in reckless hours during the week and make a great paycheck on pay day. Many of them have all this money piled up, but they never really get to enjoy the fruits of their labor because their labor takes up most of their lives.

                    Many of them hate their jobs because they aren’t really passionate about what they do. Is there a worse feeling than doing something you hate? Eventually this hatred will cause stress and in the long run, it will have lasting effects on your health.

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                    6. You are more inclined to work later hours.

                    When you work somewhere that you are passionate about, putting in later hours isn’t as much of a burden as it is when you don’t like what you are doing. To you, putting in the extra hours doesn’t hurt as much because you don’t feel like you are forced to do it, which makes the experience that much more enjoyable.

                    Every industry has a busy season and without a doubt there will come a time when you will need to put in the extra hours. Will it be easier for you to work longer on something you can relate to or something you can’t stand doing?

                    7.You are willing to go above and beyond the call of duty.

                    Certain obligations at your work will require you to go above and beyond the call of duty. In certain times during the busy seasons, you may be asked to do certain tasks that are not part of your everyday schedule. It is much easier for you to put in the extra work if it’s something you actually care about. Because you are passionate about your job, you will be willing to put in the extra effort to go beyond what is required of you.

                    8. No obstacle will stop you from achieving success.

                    When you really enjoy what you do, nothing will stop you from getting your work done. Because you are passionate about what you do, you feel unstoppable and nothing can obstruct you from achieving greatness. Your passion ignites your work, and like a rocket, it accelerates you past road blocks that may come about. Any obstacle that comes your way is accepted and fought off with a creative solution.

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                    9. Our working careers will consume most of our lives, so we might as well do something we enjoy.

                    You will spend a majority of your life working and there is no other way around this fact unless you are born into a wealthy family or marry rich. For the rest of us who weren’t fortunate enough, we will be spending a good portion of our lives working in order to make ends meet.

                    There is no way around this, so we might as well accept the cards we are dealt. Many people go about this the wrong way because they feel like work is something they have to do rather then something they can enjoy. Once you realize that your career should be something you enjoy, then you will lead a more happy and fulfilling life.

                    10. You will get more fulfillment when you finally make it.

                    There are few feelings better than achieving a level of success you set out for yourself. Nothing like crossing off your bucket list of goals you set out for yourself to achieve. When you finally reach the pinnacle, it is that much more enjoyable knowing you got there doing something you love. Remember work doesn’t have to be something that you hate doing, stay true to yourself and always do what makes you happy.

                    The 10 Reasons You Should Follow Your Passion And Not The Money | Elite Daily

                    Featured photo credit: Randalyn Hill via unsplash.com

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