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Last Updated on January 10, 2018

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 August 7, 2018

                    How to Make Money with a Blog (According to 23 Successful Bloggers)

                    How to Make Money with a Blog (According to 23 Successful Bloggers)

                    Not too long ago, you believed that making money with a blog was impossible. But after seeing dozens of income reports from other bloggers, you became hooked. Now you’re left wondering if you could achieve similar results.

                    In this article, I’ll consolidate the lessons learned from some successful bloggers and get you the advice on how to make money with a blog.

                    How to monetize your blog the right way

                    A blog is more than a website with words, it’s a brand that solves a problem. When you’re first starting off it’s difficult to make any money. Why? Because no one trusts your brand.

                    The solution is simple, provide engaging content to build a large audience. Once your blog’s traffic and subscribers have grown, here are the most effective ways you can monetize your blog.

                    1. Affiliate Marketing[1]
                    2. Selling Courses[2]
                    3. Coaching[3]

                    “Get rich quick” schemes rarely work

                    Some believe that bloggers had their success handed to them, but this is far from the truth. Their success required sacrifice, discipline and courage to work. And this is where most people run into trouble because they’re unwilling to put in the work.

                    Your first step to building income through your blog is to stop believing it will be easy to achieve. The trick is to only listen to a few bloggers who are at the position you’d like to be and take massive action.

                    It can take months or even years before you start earning income.

                    And when the going gets tough, keep going. Don’t stop. Learn to love the journey more than the outcome and you’ll build a profitable blog.

                    Executing the right advice leads to success

                    You need to learn from bloggers with diverse backgrounds.

                    What motivates someone to build an online business may not inspire you. But there’re strategies some bloggers will share that you’ll resonate with.

                    So what’s the next step? To start taking action.

                    How to make money with a blog: Lessons learned from 23 successful bloggers

                    Browse the list of some of the most influential and down to earth bloggers in today’s time. Chances are that you’ll resonate with a few of them. Take their practical lessons and apply them to your blog.

                    These bloggers may spark light bulb moments for you and change your life forever.

                    1. Gary Vaynerchuck – Down to earth entrepreneur who’ll transform your life

                      Gary is a proud “D” student who helped his dad grow his wine liquor store into a 60 million business. He left the wine business to start his own digital agency, which now generates over $100 million.

                      Today, he inspires entrepreneurs of all ages through his blog, vlog, and Podcast to take full control of their lives doing what they love.

                      Lesson: Have the patience to build a successful business.

                      2. Pat Flynn – Online Jedi who’s fearless to try new ideas

                        Pat built several sites, is an author of many books and has launched many podcasts. His blog is one of the most popular sites on the web for beginner and experienced entrepreneurs. Despite Pat’s success, he’s still humble and willing to help others.

                        Lesson: Don’t let fear stop you from stepping out of your comfort zone.

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                        3. John Lee Dumas – Entrepreneur on fire, inspiring others through his voice

                          John is the host of EOFire, an award-winning business podcast, interviewing top entrepreneurs. He’s interviewed successful entrepreneurs such as Gary Vaynerchuk, Tony Robbins and many more. John is also the author of the #1 ranked book for Podcasting in Amazon. He’s an excellent example of what happens when you chase your dreams and remain committed.

                          Lesson: Follow one course until success (FOCUS).

                          4. J Money – Rockstar money expert who injects “cool” into finance

                            J Money is an award-winning personal finance blogger, company advisor and money rockstar. He injects a “fun” personality in his blog, adding a sense of “coolness” to personal finance. He’s the founder of RockstarFinance, a personal finance directory filled with useful resources.

                            The fresh perspectives J shares about money will leave you pondering for days.

                            Lesson: Have fun with your blog to stand out and create engaging content.

                            5. Mr. Money Mustache – Badass blogger who’ll transform your financial lifestyle

                              Mr.MM’s goal is to help you live a “badass” life. He has unique money saving ideas up his sleeve, such as cutting your grocery bill in half, and DIY solar panels. There are no “generic” articles in his blog, only thorough and well-thought ideas.

                              Mr.MM is financially independent and willing to share his secrets if you dare to listen.

                              Lesson: Focus on your needs and wants to live your dream lifestyle.

                              6. Sam – Thoughtful blogger sharing smart insights

                                Sam is a blogger and a real estate investor. His blog has received millions of views and featured in Forbes, Lifehacker, CNBC, and many more. Sam dives deep into topics like real estate, retirement planning, and career strategies. Read his blog and discover why it’s “bookmark-worthy”.

                                Lesson: Keep investing in yourself to be better prepared for the future.

                                7. Joshua Dorkin – The persistent entrepreneur who never lost hope

                                  Joshua is a well-known entrepreneur and speaker who’s featured in major publications. He’s built the nation’s largest real estate investing blog and co-host of the BiggerPockets podcast.

                                  He’s the ultimate example of what’s attainable when you pursue your dreams. His blog is one of the only few you’ll need to reach financial independence with real estate.

                                  Lesson: Keep working towards your goal despite who tries to stop you.

                                  8. Ramit Sethi – That “cool” teacher who’ll help you reach your next level

                                    Ramit is a New York Times Bestselling author. He prides himself on being different, which is why he loves giving away 98% of his material for free. His content is binge-worthy and will bring out the awesome out of you.

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                                    If you’re ready to master your inner psychology or finance, then stop by Ramit’s blog.

                                    Lesson: There’s always a way to get what you want as long as you’re willing to put in the work.

                                    9. Paula Pant – The entrepreneur who took an enormous risk chasing freedom

                                      Paula is a writer, speaker and freedom enthusiast. It didn’t take long after landing her “dream” job to know it wouldn’t offer the freedom she’d craved.

                                      Today, Paula has reached financial independence by building many income streams. Her writing style is engaging will leave you questioning your limiting beliefs.

                                      Lesson: It’s worth risking the odds to live your desired lifestyle.

                                      10. Steve – Early retiree, fearless to take a stance

                                        Steve reached financial independence 30 years earlier than the typical American. You can find his work in major sites such as Forbes, Business Insider, and many more.

                                        Currently, Steve writes detailed content on his blog helping readers achieve financial independence. If you’re looking to save money, or retire early, you’ll love Steve’s blog.

                                        Lesson: Plan ahead to reach your desired goals.

                                        11. Robert Farrington – Millennial Sensei for college students

                                          Robert is a consultant, and a writer dubbed as America’s Millennial money expert. His passion for managing money at a young age led him to create The College Investor. In his blog, you’ll find great resources to crush student loan debt and invest your money.

                                          Lesson: Be open-minded with how you can express your passion.

                                          12. Joe Udo – The writer who took the road less taken

                                            Taking risks ain’t easy, but there are always a few people who take it anyways. Joe is a blogger, investor and a great example of what risk takers do. He retired before turning 40, after leaving a job he’d been working for over a decade.

                                            Joe’s blog shares proven ways to building passive income, and managing your money.

                                            Lesson: Taking risks becomes easier when you prepare daily.

                                            13. Elle Martinez – The financial superwoman for struggling couples

                                              Elle has a passion for money, so much that she’s been writing about personal finance for over a decade. She enjoys helping couples build their finances together, and live on one income.

                                              Elle’s blog helps you avoid money fights, boosts your savings, and much more.

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                                              Lesson: Find ways to solve the problems you’re obsessed about.

                                              14. Len Penzo – Creative blogger who makes personal finance entertaining

                                                Len’s blog has received over 9 million visitors. He’s featured in major publications such as the NY Times, Forbes, and many more.

                                                Len transforms boring money subjects into engaging content that hook readers for more. If you want to make smarter financial decisions, his blog is a must-read.

                                                Lesson: Create engaging content to build a large audience.

                                                15. Farnoosh Torabi – Finance expert, inspiring women to unleash their full potential

                                                  Farnoosh used to borrow clothes and eat $5 Footlongs until she climbed out of debt. Today she’s a journalist, author, TV personality, and financial expert. Farnoosh is the host of SO Money, one of iTunes’s top financial Podcasts. She’s a leader and inspiration to other women.

                                                  Lesson: View your shortcomings as gifts and use them to stand out.

                                                  16. Michelle Schroeder-Gardner – Young entrepreneur achieving success on the road

                                                    Michelle started blogging in 2011 with hopes of improving her finances. Today, her blog is one of the most popular personal finance blogs you’ll find. There’s a slim chance you might catch her on the road, as she’s touring around the US with her husband. Her blog contains advice for growing your income and living a better lifestyle.

                                                    Lesson: Be transparent about your struggles to build a supportive audience.

                                                    17. Phillip Talyor – Money expert who knows how to throw a finance party

                                                      Phillip Taylor or “PT” is a blogger, CPA, and a finance enthusiast. At one point, he’d accumulated a ton of debt and was in need of financial wisdom. He created his blog to document his financial wins, and collaborate with others.

                                                      Because of Phillip’s passion for finance, he created FinCon. Today, Fincon is the go-to conference where influencers and financial brands meet.

                                                      Lesson: Hard work is more important than experience to achieve your goals.

                                                      18. Stefanie O’Connell – The financial role model every woman needs

                                                        Stefanie started blogging around 2008, at a time when most of America was in a financial crisis. Despite this, she went from living on less than $500 a week to dubbed as a Millennial money expert.

                                                        Stefanie spends her time helping ambitious women adopt “rich” habits. Join Stefanie’s tribe and start feeling empowered with your finances.

                                                        Lesson: You can be a role model for others if you’re brave enough to face your fears

                                                        19. J.D. Roth – Finance enthusiast who’ll leave you thinking smarter

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                                                          J.D. was a contributor of the “Your Money” column for Entrepreneur magazine. His blog is one of the best personal finance blogs on the web and has received millions of visitors. You’ll find in-depth articles that will leave you making smarter money decisions.

                                                          Lesson: No matter how big your problems are, there’s always a solution.

                                                          20. Catherine Alford – Entrepreneur mom, inspiring women to chase their dreams

                                                            Catherine is a speaker, writer, and a proud mom of 2 twins. She’s an inspiration for women looking to spend more time with their families. Catherine became best Contributor/Freelancer for personal finance in 2014.

                                                            Discover why you don’t need to choose between your career and family at Catherine’s blog.

                                                            Lesson: Your story can become the inspiration many are searching for.

                                                            21. Natalie Bacon – Life coach and entrepreneur inspiring women to design their dream lives

                                                              Natalie is an inspiration for those looking to pursue their passion. She’s featured in major sites like The Huffington Post, Forbes, and many others. Natalie follows her dreams and isn’t afraid of hard work. Her blog contains quality content that will inspire you to take action.

                                                              Lesson: Don’t be afraid to change course because you’ll be one step closer to finding your dream life.

                                                              22. Crystal Paine – Inspirational entrepreneur who loves to give back

                                                                Crystal is a personal finance blogger who’s been writing since 2006. Her site has creative ways to save money on groceries, clothes, toys, and much more. Crystal donates a percentage of her blog’s income towards life-impacting ministries.

                                                                Her blog will not only teach you how to save money but also how to live an abundant lifestyle.

                                                                Lesson: Focus on helping others first and you’ll build massive wealth.

                                                                23. Liz – Frugal expert who’ll transform your bad spending habits

                                                                  Liz is an author, writer and a frugal expert who enjoys helping others save money. She’s featured in NPR, Forbes, Liz’s blog contains creative ways to save money and reach financial independence.

                                                                  Lesson: Be bold enough to prioritize your opinion above others’.

                                                                  Start your blog and achieve jaw-dropping results

                                                                  Imagine waking in your pajamas and opening your laptop. You notice a few hundred dollars were deposited to your Paypal account. This money didn’t fall from the sky, it came from your blog.

                                                                  Not too long ago you believed making money from a blog was impossible, but now you’ve finally achieved it. Amazing isn’t it?

                                                                  This can be your reality if you learn from these successful bloggers. Go through this list and pick your top three bloggers. Take a look at their content (Blog, Podcast, Video), and break your bad habits.

                                                                  The time has come to transform yourself into the blogger you’d like to become. You’re not someone who only wants to accumulate a ton of cash. You want to live your dream life and impact others doing what you love.

                                                                  What’s stopping you now?

                                                                  Featured photo credit: Pexels via pexels.com

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