February 2, 2023

8 Ways to Monetize from YouTube Videos

8 Ways to Monetize from Youtube Videos

When you’re ready to make money online (or even offline), it makes sense to look at all your possible sources of income.

One exciting way to boost your income is to start making money on YouTube.

People love watching videos and share them across all kinds of social media platforms. Just think about the last time you scrolled Facebook and how many videos you’ve seen.

If you can learn to monetize YouTube for your own business ventures, you’ll really have something going for you.

But why YouTube?

 YouTube is free, it’s fairly accessible even if you don’t have fancy equipment, and it has millions of users.

A lot of people get off to a good start using only their smartphone as a video recording device and uploading your videos is fairly simple, it just requires a free account and that’s it.

Also the best thing about YouTube is that it’s video-based, which for a lot of people can be a really fun way to make money online.

  1. Affiliate links

Once your channel starts growing and you win more and more subscribers, you may start getting approached by different brands to showcase their products to your audience.

Making money through affiliate links means you advertise certain products in your videos and encourage your viewers to buy the product.

This is a great way of earning an income through YouTube, because all you need to do is spend a minute or so showcasing products you love in your videos.

The sponsors will usually pay you a flat fee for advertising per video and will also provide you with a special link to the product which is a special URL attached to your account. So that if someone actually buys a product from them, you will also receive an extra commission.

8 Ways to Monetize from Youtube Videos

 It’s really easy and little time-consuming, because all you need to do is placing the links to the products you want to promote in the description.

But keep in mind to only pick products that you’re familiar with and you can genuinely recommend. If you promote random products and they turn out to be bad, it’ll reflect badly on your channel. YouTube is a great place to start sharing because you can show how you use the product, why you love it, answer common questions, and more.

But the most important thing is to not hide the fact that you’re getting commissions from the sales, it will make your followers trust you more.

  1. Use YouTube to get traffic to your website and blog

Spread your videos to as many websites as possible. An easy way to do this is when you are done publishing a video on YouTube, create a blog post and embed the video on your website.

8 Ways to Monetize from Youtube Videos

 Simple and Effective Tips for Traffic

  • You can add a trailer video about your site or brand and link it to your dashboard. The dashboard contents will be visible to all the visitors seeing your channel profile.
  • Provide an effective title and description to your videos which are shown in the search engine results.
  • Link your site URL to your videos using annotation or in the description.
  • Choose an attractive thumbnail for your videos.
  • Share your videos in the popular social media sites like Facebook, Twitter or Tumblr, etc.
  1. YouTube sponsorships

Another way to monetize YouTube is through sponsorships. In this way, a lot of YouTubers earn money or lots of cool freebies.

In order for brands to collaborate with you, there needs to be something for them to benefit from. When you don’t have any following, or too few subscribers, brands won’t be interested in your channel because there are no possible prospects for their products.

8 Ways to Monetize from Youtube Videos

But on the other hand, if your channel is rather small, brands will give you free items to promote instead of money.

Also, don’t forget that sponsors will try to bend the collaboration in their favor.

So don’t get dragged into something you are not comfortable with, it’s best to set some rules for yourself that you are not willing to compromise.

The best is not to accept an offer from the start. It’s pretty obvious that people will always start up with a smaller amount of money that they are actually willing to pay, so don’t pass on the chance to receive more money.

8 Ways to Monetize from Youtube Videos

  1. License your videos

In a digital era where everyone can create and distribute media, the rules of engagement between the media industry and individuals seem ever more confusing.

Copyright is a legal right of ownership that allows creators of a written, artistic or published work to control how it is used and if it can be copied.

So it’s very important to license the videos you upload in order to protect them from being stolen by different people that will probably use it in a way you don’t agree. But besides this, you can also take advantage of licensing to make money from your YouTube videos.

8 Ways to Monetize from Youtube Videos

  1. Sell eBooks

A great way of making money online is by selling e-books.

Everybody loves books in digital format because they are easier to go through from any device, including your phone. So this is a great thing to explore if you’re a good writer, write books or guides and use your YouTube channel to promote them.

Publishing eBooks doesn’t mean that you have to write a novel of hundreds of pages. You can write an e-book of 40-60 pages containing insightful information.

8 Ways to Monetize from Youtube Videos

You can write on whatever topic you know about, how to make money online or maybe a book of recipes if you’re passionate about cooking.

It doesn’t involve selling physical items, doesn’t require tech skills, and there’s no monetary investment. All you need is a laptop, some time, and your inspiration.

  1. Get paid for a spot in end cards

One way to promote your channel is by having a link to your channel posted in an end card on someone else’s video. But this approach is not so popular.

8 Ways to Monetize from Youtube Videos

First of all, sharing irrelevant things with your audience will make them lose trust in the quality of resources you have to offer. As  Youtubers you promote must be relevant and related to your channel in any way. If not, it’s best to pass on the opportunity, you don’t want to lose trust with your audience.

Try and look up for YouTube channels that are related to your niche and that have a smaller audience than you do.

Make sure to let them know a bit about your audience and how they can benefit from being featured in your video.

Try to create a genuine connection with the other YouTuber before you try to sell him/her. Share his content, comment on his videos, and make him notice you prior to sending him a message. You’ll get better chances at convincing him.

  1. Benefit from YouTube Red Subscribers

YouTube Red is a subscription service that users can buy that eliminates ads from their videos.

As a YouTube Creator, you can start receiving a commission based on how much time Red subscribers are spending on your videos. You will be able to see your YouTube Red watch time in your Analytics.

8 Ways to Monetize from Youtube Videos

If you want to increase your earnings, make sure your videos are interesting and useful, with great SEO, to capture as many viewers as possible and keep them coming back for more.

But keep in mind that you won’t be approved to receive Red income until you meet the standard monetization requirements (1,000 subscribers and 4,000 watch hours in the prior 12-month period).

  1. Be patient

To create content on YouTube to make money is a bit like an upfront investment. You’re going to have to invest a lot of energy, time and resources to make these videos, and at first, probably things will not go as you expect.

In fact, YouTube typically won’t recognize your channel until you post around 20 videos. So you must be willing to invest in your channel.

8 Ways to Monetize from Youtube Videos

You may not see any significant growth in your YouTube channel until your 30th video. That’s okay! The key is to be patient and upload a lot of videos.

Upload systematically and over a moderate period of time.

Every video that you upload will help you analyze what works and what doesn’t. Interact with viewers and identify what they do and don’t like. So use this information to improve your next video, and then do it all over again.

Put in the time and effort and remain patient, you are going to be successful.

That’s it for now.

Cheers,

Niraj Kumar Singh

 

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