8 Ways to Earn Money from YouTube

 

With the rise of the digital world, YouTube's importance has skyrocketed. People are looking for packets of information which can easily be accessed and understood. 

Most people don't want to read long articles to understand a concept. They want visual information which can be understood in less time and with less effort. YouTube is an ideal place for them. 

So, if you don't have any YouTube channel, you are missing ample opportunities in the freelance world. You are missing a bulk of your side income if you don't have a YouTube channel. 

In this blog post, I will tell you how you can earn money from YouTube. We will look at the eligibility criteria and ways through which you can monetize your YouTube channel. 

Let's have a look at them. 

1. YouTube Partner Program:

Through becoming a YouTube Partner, you can add google ads on your YouTube videos. When anyone will click on ads and will watch it, you will earn money. 

According to Influencer Marketing Hub, an average YouTube channel can receive around 18 dollar per 1000 ad views.

Your earning will depend on ad views not on your YouTube video views. If a thousand people are watching your video, but not clicking on the ad, you will not earn any money. For it, a viewer must click on the ad or watch it full. 

The eligibility criteria of becoming a YouTube partner is:

1. 1000 subscribers

2. 4000 watch time

You must achieve this limit within 12 months. After getting it, you have to apply for a YouTube monetization program. 

For applying, you have to go to the channel you want to monetize. 

• Sign in the account. 

• Click the icon of your account.

• Go to YouTube Studio

• In the left menu, select Other Features and then Monetization. 

• Read and agree to the YouTube partner policy. 

• Make a Google Adsense account or attach a previous one with it to get money. 

Also, you have to keep your videos according to YouTube policies to be eligible for monetization programmes.

Take care of following things in your videos:

• Don't show images or videos related to extreme violence.

• Don't promote harmful products such as drugs. 

• Don't use inappropriate or vulgar language. 

• Don't harass anyone.

• Don't make videos on controversial topics or elements. Don't show images or videos related to any controversial topic. 

• Also, don't add copyright images or elements in your videos. 

You have to take care of these things to become eligible for the YouTube partner program. 

But if you haven't achieved this limit yet, don't worry. There are other ways of earning money from YouTube which you can try. 

2. Affiliate Marketing 

The second way of earning money is affiliate marketing. You can join any affiliate programme related to your niche and can promote its link. In it, whenever someone will buy from your link, you can earn money from it. 

To become an affiliate marketer, you have to do the following things. 

• Choose any niche. For example, you can choose a health niche.

• Create content related to your niche. 

• Post it on YouTube channel to gain some views and subscribers.

 

• Choose any affiliate programme. The most popular is the Amazon affiliate program. Also, there is Ebay, Alibaba and other affiliate programmes. Search them and find a suitable one for your niche.

 

• Select the products and start making videos related to it. In the description, add an affiliate link. 

• Start earning from your product promotion. 

In it, there is no eligibility criteria. You can get affiliate programmes on new channels without any subscriber or watch time. 

But, I will suggest that you first gain a few views and subscribers on your channel. It will benefit you more. 

Amazon affiliates demand at least three sales in the six months. If you are unable to do it, you will be removed from the programme. So, getting some subscribers and views before getting an affiliate programme is a wise decision. 

3. Gain Traffic on other social media accounts:

You can transfer your YouTube audience to Facebook, Instagram and other social media accounts. Through it, you can monetize your other social media accounts too.

Facebook and Instagram have amazing monetization programmes which you can avail through your YouTube audience. 

Just make sure that your social media accounts niche must be relevant to your YouTube channel niche. 

4. Freelancing

In the freelance world, YouTube services have a high scope. 

You can learn YouTube and can give your services as a social media marketer on freelancing platforms. 

You can create a channel and can promote your knowledge and services and can earn clients from it. 

For example, if you are a content writer, you can create videos related to content writing and in the end, you can tell your audience that you are open to getting projects. In this way, you can earn money from YouTube. 

There are various categories of services related to YouTube channels which you can provide. For example, you can become a YouTube script writer, social media marketer, banner designer etc. 

You can create Fiverr gigs of these services or can make Project catalogs on Upwork.

5. Sell your own products:

If you are a businessman and have your own products, you can promote and sell them on YouTube. 

Make videos about your products, add any link for buying it and expand your sales. 

The products can be physical or digital, depending on your business. 

You can also promote your friend or family's business products and can earn commission from sales. You can collaborate with any business and can earn money by promoting their products. 

6. Collaboration with brands:

You can collaborate with other brands to create a sponsored video and can earn money from them. 

If you are a creator with a large and loyal audience, you can earn hundreds of dollars from a brand collaboration.

Brands are willing to spend their money for advertising purposes on YouTube. They are always looking for a creator whose content is parallel to their brand.

 According to WebFX, earning of Influencer marketer on YouTube are:

• 200 dollar per video for a YouTube channel with 10,000 subscribers. 

• 2000 dollars per video for a YouTube Channel with 100,000 subscribers. 

• 20,000 dollars per video for a YouTube channel with 1,000,000 subscribers. 

For becoming a successful influencer, you need to take care of the two points:

• You should tell your audience that it is sponsored content. 

• Share positive and negative points of your product. Be honest with your audience. 

7. Sell your license of content to others:

If any of your videos get viral, you can sell its rights to other people and earn money from it. 

For example, your video about your pet gets viral and loved widely. People will contact you to use your video for their own purposes. You can sell your video rights to them. After buying it, they are free to use your video on their social media accounts. 

8. Promote your Website:

You can promote your website content on YouTube and can gain traffic from it. 

Getting traffic on your blog or website will open new doors of earnings for you. You can monetize your blog easily through the YouTube audience. 

So, tap in your inner content creator and create high quality and appealing content for your audience. Appeal and give value to them to grow your YouTube channel. 

Best of Luck!