Ways to make money with YouTube

YouTube has now become an integral part of our daily lives. More than 2 billion people already use the Web, together watching 1 billion videos a day. You can imagine that there is a lot of money to be made here. Especially when you know that 500 hours of videos are also uploaded per minute.

The good thing is that basically anyone can start making money on YouTube . All you need is a channel and then you can start posting videos. It really is as simple as it sounds, ultimately the subscribers you have are what generate the revenue and that's what I'm going to talk about today.

 

How can you make money with your YouTube channel?

Earn money with YouTube ads

You probably know about the ads you see before a video starts or the text ads during the video? These are the. These are generally the most conspicuous and often the most YouTube/Google ads .

In the past, you could start directly with these ads, but today there are some conditions for that. For example, you must have 1,000 subscribers, and they must have watched 4,000+ hours of video in the last 12 months. All in all, it will take a beginner Youtuber a while before he can get started with this.

Keep in mind that the earnings here are very different. Many factors can influence this price. For example, the quality of the video is important and how well the ads match it. Still, it's incredibly difficult to estimate exactly how much you earn from this form of advertising. If an estimate has to be made, most Youtubers stick to the following rule: 1000 views yield $1.

Goods

When your channel starts to grow bigger and bigger, you can think about merchandise at some point. It is important that you already have a reasonable group of loyal followers. After all, they must want to spend money on a hat, mug, or t-shirt from your channel. For this there will have to be a certain reputation and connection with your followers.

It is important to know that you can start marketing in many ways. For example, you can start your own web store with your own stock. The advantage of this is that you have no restrictions and you can complete everything according to your own wishes. You usually need a decent start-up capital for this.

You can sell the products in your own webshop and determine the price yourself. The profit on a product will be about $5 to $8. One downside to this is that you run the risk that, for example, you won't sell your products and you'll be stuck with stock.

Sponsored Videos

This may be the best way to earn some money. Sponsored videos are videos that you make for a sponsor. For example, they pay you to talk about their product or just let it slide in your video.

The most important thing to keep in mind is that sponsors must have a connection to your target group. After all, you don't want the quality of your videos to deteriorate because companies pay to be in your video. You don't always have to have millions of followers for this. If you have a good reach, but above all a lot of interaction with your target group, a large company can still choose you.

affiliate marketing

This is perhaps one of the least known ways to earn money. Not surprising, because if you don't do anything with online marketing, you don't even know it exists. To explain it simply, we can give the best example.

Suppose you just made a nice video about useful things for the plane. You find these products useful, but they could also be useful to your viewers. It is best to include a series of links to these products in the description of your video. It's useful for your viewers, but it can also make you money. When they click on your link and then order something, you will receive compensation for this. Of course, these are not just links, but affiliate links.

Memberships

I personally think this is the best way to earn money. This is where you get the most appreciation. Viewers who become members of your channel pay $5 each month. Therefore, you receive a 'fixed' income each month. Of course they get something in return. For example, they stand out in the chat and can use emoticons.

In addition to this way, you can also choose to offer videos exclusively for members. It's good to know that you need to have 100,000 followers for this. So this is only reserved for the major channels, but who knows, this may change in the future.

donations

Donations are incredibly important to many creators. Not only because of the money, but above all because the valuation can be seen immediately here. Donations are very welcome, so be sure to express this appreciation to your viewers as well. For subscribers who donate, there's nothing better than seeing their money put to good use.

There are several ways to make donations on YouTube . For example, you can donate during a live broadcast via YouTube Super Chat. These can be displayed directly so you can directly respond to the donation. Super effective, but there is a catch. You have to transfer 30% of your donation to YouTube as transaction costs.

Another way is to put a donation platform in your description. This method may be less effective, but it does have an advantage. You can choose the donation platform yourself here. Therefore, you can choose a platform where you can keep a much larger part. A great platform for this is, for example, Patreon.

I also want to tell everyone to be careful with donations. It's super nice, but especially if you're creating content for young children, you need to pay attention. It often happens that children make donations with their parents' money. So make sure you only accept donations from members over the age of 18.

Information or exclusive courses

In addition to your channel, you can think about starting a website. The great advantage of having your own website is that you can decide for yourself what you can and cannot do here. With YouTube you are still subject to the rules of the platform. In the description of your YouTube videos, you can reference your website so that your viewers can follow you there too.

For example, you can offer a course or an e-book on your website, but also all kinds of exclusive information. For example, you may choose to cover a lot of basic information on your YouTube channel. But if you really want to go deep, they should buy you something. Make sure you really have added value. The big advantage of this is that you only have to make an ebook or course once and you can sell it for a long time.

stock photos and videos

When you make images, you naturally use them for your YouTube channel . But by no means all your images will be processed in the video or only a part of it. What you can consider is generating extra income by also using these images to earn money. There are many stock websites where you can offer your stock where you can earn money.

For example, if you're making a travel video, this is the ideal opportunity to make some additional footage for a stock website. Be sure to take additional videos and photos in addition to your own images. After all, you are already there and taking some additional videos and photos won't take that long. However, the returns can be good. You earn $0.45 per downloaded photo and for videos, this amount depends on the quality and length of your video.

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