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7 Best Ways to Earn Money from YouTube

Business
Introduction YouTube is easy money. This is thanks to the platform’s monopoly over all video-sharing platforms. Due to its convenience of being available everywhere, more people visit YouTube every day than any other social media platform out there. Further, the lack of a limit on the amount of content you can upload makes it the […]
Introduction

YouTube is easy money. This is thanks to the platform’s monopoly over all video-sharing platforms. Due to its convenience of being available everywhere, more people visit YouTube every day than any other social media platform out there. Further, the lack of a limit on the amount of content you can upload makes it the perfect platform for content creators of all backgrounds.

A channel with more YouTube views and subscribers is likely to generate better revenue. To gain engagement on YouTube, visit this page for a few tricks. The most common way of making money is to run ads before your videos and get paid for them. However, we will share seven other ways of doing the same in this article. Let us begin.

1.   The most common way – YouTube partner program

The easiest and most obvious way of making money through YouTube is to join the official partner program. In a nutshell, it allows you to generate a small income by placing small, skippable ads on your videos.

On an average, this will get you about three to four dollars for every thousand ad views. Do not confuse them with video views. If a million people saw your video but only 2000 of them came across an ad, you will only receive remuneration for those two thousand. There are several factors that affect the exact amount you will receive including geography, niche, etc.

2.   Make money through paid promotions

Some videos start with a disclaimer saying that the video includes paid promotions. That is exactly what we are talking about. If you have a loyal audience, you can partner up with a brand and showcase their product or service inside the video. Often, the reward for this little thing can go as far as a thousand dollars.

Always remember, though, that you must always verify the veracity and dependability of the brand you are partnering with. Otherwise, you will lose trust and credibility.

3.   Become an affiliate marketer

An affiliate marketer for a brand earns a commission each time that brand makes a sale. However, there is a catch. The brand has to be certain that it is you who have brought the customer to the company. To do so, they provide you with a coupon code or affiliate link.

Affiliate marketing is easier on YouTube than Instagram or Pinterest since you can embed the affiliate link in your videos and descriptions. This ensures that your commission is not lost in transition.

4.   Sell your private merchandise

Not everything needs to be about brands and companies. You can make a significant amount of money if you have merch to sell. Often, artists create wall hangings, posters, phone covers, etc. and then post about them on social media channels. If you do not have sufficient funds to start a website of your own, this can serve as the boost you need to get your business into the air.

The idea is not limited to just posters and phone covers. You can get printed T-shirts wholesale from several websites and then resell them here. The same goes for digital content. If you are a musician, you can include a sample of your audio tracks and offer to sell it at reasonable costs.

5.   Use YouTube as a router… sort of

If you are already engaged in running a blog and have a YouTube channel as well, the latter can be an indirect way of boosting your income. A loyal enough audience will follow you as you divert and direct traffic from the channel to your blog.

There are hundreds of websites which offer free blogging features, albeit with a few caveats. Once your blog is up and running, you can find ways to monetize it.

6.   Post licenced content

If you post digital content like music to YouTube, and then apply for a Content ID, then YouTube can track usage of that content. This allows you to earn commission from the revenue generated on videos which are using your content.

You can go through YouTube’s copyright policy on their official channel.

7.   Teach on YouTube

This sounds like a redundant idea, but it works. People looking for free courses about stuff often turn towards YouTube since most e-learning platforms offer paid programs only. Granted that you will not be able to issue reputable certificates, at least not at first, but you will see a massive increase in traffic. And you can use this traffic and experience to eventually start posting educational content on other platforms as well. You can even use some of the best tools for video creation and you can check a review of Vidtoon, one of the best video creation tool.

Conclusion

Those were the top seven ways we could think of that allow for easy income through YouTube. If you have other tips and tricks, share them in the comments box below.