It goes without saying that earning money on YouTube is possible. As a result of consistent and quality work, anyone can find success on YouTube. The only question is: how much do YouTubers make? Or, how much can you really make doing video marketing?
1. YouTube Partner Programme: To be eligible for the YouTube partner programme you need to have 1000 subscribers and 4000 hours of public watch time on your videos. Once you meet the condition, YouTube will review your channel and get you rolled in. YouTube pays you in two ways. Those are either Cost Per 1000 views (CPM) or Cost Per Click. (CPC) You need to have your AdSense account linked to your YouTube and collect at least 100$ as a balance accumulated through the ads shown on your videos. There are some assumptions that creators earn between $3 to $5 per 1000 video views. Forbes states that top creators can earn $5 per 1000 video views. I remember, Bhuvan Bam, during the lockdown, had posted a video on his channel showing how people of different financial stages were hit by a corona pandemic. He also expressed his willingness to donate whatever he earns by the monetization. A few days later he posted a screenshot of his earnings which was around 5 lakh and he had approximately 6 million views on that video
Source: Neil Patel
Successful YouTubers usually start their video with an intro, which often becomes their trademark. There are many YouTube intro makers online that can help you to create a high-quality intro that will give your videos a professional look. Check out our article on how to create a great intro in several minutes for YouTube without additional technical knowledge.
For a successful intro, you also need to have a logo that sets your YouTube channel apart. This can be achieved just as easily, with the help of logo maker tools available online.
The direct way to earn money from your YouTube channel is by associating it with an approved AdSense account. However, not all videos are eligible for monetization. Make sure you meet video monetization policies and YouTube Advertising formats to use this service.
2. Sponsorship: Nowadays brands are emphasizing influences and content creators in their marketing strategies as the creators having a base of millions of followers could give them much more visibility than they would have got by spending millions of dollars on advertising. Brands are happy to partner with creators having a minimum of 10K subscribers
.2.Donations: Earlier I was not sure that people would donate to you at all but my opinion changed when I saw a gamers community gaining grounds and receiving thousands of dollars as a donation per day. You can ask your viewers to donate so that you could keep producing more content
YouTubers make money via ads, sponsorship, affiliate marketing & selling merchandise.
You can also make money via YouTube if you select a targeted niche & upload videos consistently.
Do some SEO and rank your videos, becz rank videos will make you rich.
At last but not least have Patience.
How Much Does YouTube Pay?
YouTube view statistics keep you updated on your account earnings, and you will only get paid if you fully comply with YouTube’s payment threshold.
Another way to make money on YouTube is affiliate marketing. Although most affiliate marketers don't put enough effort into this method, it's an effective way to generate significant revenue.
You may, like most affiliate marketers, be using static blogs to drive traffic to affiliate links. YouTube gives an opportunity to supplement this with an active channel that can be a primary catalyst. This is one of the ways many YouTubers make money with.
Another way to make money on YouTube is Super Chats and the recent addition to the YouTube tools, the Super Stickers. These paid features allow the viewers to highlight their comments during a YouTube live or video premiers. This allows the viewers to support their favourite creators and can result in a significant boost to the number of money YouTubers make. You can learn more about the features of each tool here.
Source: CNET
Another way YouTubers with large following generate revenue on the platform is by producing their own merchandise. If you spend enough time researching famous YouTubers, you will notice that they produce merchandise in their niche. Jeffree Star, with his cosmetic line and famous tutorial videos, is a very prominent example of this.
The internet is gradually moving toward videos as the major form of content, and taking this step will put you ahead of the competition.
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