YouTube is known to be the most popular among video sharing platforms with an average user spending 40 minutes of their time watching videos every visit. Daily, 4 billion videos are watched on YouTube.The scope of earning on YouTube is very clear. All you need is to have a computer, channel, dedication, and editing software to get started. Today YouTube is no longer exclusive. There are many different ways that you can use to earn money on YouTube. Your way of approach matters the most.
There is no doubt that as an original content creator you can earn pretty good money. However, it is not easy either. As in every single minute, almost 400 hours are uploaded by creators worldwide. So the competition is high too.
But not to worry here are some of the most powerful and successful ways that people use to make money on YouTube.
Become a YouTube Partner and Earn Money on YouTube
For almost every YouTuber, ads are known to be an essential source of income from YouTube. Becoming a YouTube partner can help you in many different ways. Like you can make money by enabling channel memberships, ads in videos, or adding banner ads from Google AdSense to earn from YouTube AdSense earning.
How does YouTube Monetization works?
However keeping the good things aside. There are some rules or basics that you need to fulfil to become a certified YouTube Partner.
People often as how to earn from YouTube views, for this you must complete some targets. Like you must have to amass at least 4000 watch time in hours. Or (40,000 watch time in minutes) on your channel in the course of the last 12 months. And should have at least 1,000 channel subscribers.
There is no set of formats or rules to complete this watch time. For instance, one of your videos gets viral and even a single video can complete your watch time. Or you can upload 40 videos and get 100 hours in each, and a combination of these will complete the watch time.
After gaining the basic 4000-hour threshold and subscribers, you will become an official YouTube partner. And will be eligible of earning through ads.
You can check your eligibility by opening the video manager, a green dollar sign will appear next to your videos. Which indicates that you can now use the YouTube monetization.
Even if your users are using Premium YouTube to remove ads, YouTube will still pay you according to the total watch time of your videos.
Here are YouTube Partner Policies
Here are YouTube Ad Policies
On the other hand, you cannot just rely on ads to generate revenue on YouTube. There are several other ways as well that you can use as a way to generate and use the potential of your channel to earn more.
Use YouTube to Generate Sales
Another way is to optimize your YouTube channel and earn money on YouTube is to generate sales using it. Choose your category, become a YouTube partner, and create your marketing plan.
Making videos on YouTube is one way to spread your message to people, but you can additionally make more money by uniting YouTube with a blog. In this way, you can spread your message to more people and get more email addresses and eventually generating more sales to your readers and viewers.
For instance, if you have some products and write a blog post on products you are recommending, additionally create a video over it and embed the video in the post. After that add links on your YouTube channel and convert viewers back to the post.
In this way, you can earn both commission and divert traffic to your blogs and can use your blogs as an alternative way to earn more money.
Become an Influencer (Amazon)
A new way but gaining more influence each day, the Amazon influencer program is getting more popular. This program allows you to maximize your YouTube presence (social media overall) and make money on Amazon recommendations.
After joining this program, you will be able to recommend, review, and direct your viewers to buy some products through affiliate links. You will get a commission every time a sale is done through your link.
Furthermore, this program is not open for everyone to join, you have to be eligible by having some good number of followers and other metrics to get the benefit of this program.
Use Affiliate Links to earn money on YouTube
If you have a channel in which you offer insightful product reviews, in-depth tutorials, or analysis of different products, you can use affiliate links in this to earn in a good manner.
Let’s take an example, you recommend a product to your subscribers and discuss it in the video and paste alike in the description. Or mention your code that people can use to buy the product at the discounted price. The number of people that will buy things through your link, you’ll get the commission every time typically 8-10%.
Additionally, remember that YouTube affiliate links sharing is similar to promoting links through blogs. Considering this you shouldn’t stuff lots of links on every video of your channel to get an additional benefit.
If you are trusted, people will buy stuff through your channel. If you will promote a lot of stuff they won’t believe and thus no sales produced.
To properly generate sales and build trust among your audience, the best way is to solve their problems. You can solve problems that people are usually facing and giving them solutions through tutorials. Doing this can help you build trust and you’ll be able to promote some products as well related to it.
The best way is to unison a blog with your channel and add affiliate links in the blogs too. This way you can bring the audience from one platform to the other. And will get more views and subscribers in lesser time.
You can also use your channel to rank your blog by diverting traffic towards it. And generate revenue through your blog too. Read out more about how to earn money on YouTube here.