Do you know you can earn money from YouTube? And you can make money almost without any startup investment. Whatever you love to do passionately, you can share that. And there are ways to earn money from those videos. Here we put a list of best 10 ways to earn money from YouTube.
There are numerous famous YouTubers worldwide who make handsome money from the channel. And the amount is very inspiring. According to the Wall Street Journal, PewDiePie (A famous youtube channel) earned $4 million in 2013 alone.
However, we are not saying that you can make money overnight. But yes, you can make money with great videos, proper strategic planning, dedication, and persistence.
Additionally, you can start creating videos with your smartphone initially. However, soon you start earning, you will definitely put efforts for making good viseos with help of professional videographers.
Read the post to get the 10 best ways to earn money from YouTube. Additionally, you can apply one or two methods at a time.
This is the easiest and effective ways of earning from the YouTube channel. When you create and publish the videos and can generate a considerable view of your videos, you can apply for Google Adsense. Remember that YouTubers get paid by Adsense and not YouTube. YouTube is monetized by Adsense.
So now the question is how much you can earn from Adsense. Google says, ‘There’s no precise answer because your earnings will depend on a number of factors’. However, YouTubers get paid according to the CPM. CPM stands for cost per mille, also called cost ‰ and cost per thousand (CPT). In Latin, mille means thousand and it stands for cost per 1,000 Impressions. CPM networks pay for every 1,000 YouTube ad impressions you get.
YouTube’s CPM isto be on average 7.6$, that means you get paid 7.6$ for each 1,000 views.
If you have already a business, you can enhance the brand awareness through YouTube. Whatever you are offering to your consumers – products or services, you can communicate in a better way. This is one of the most effective and low-cost ways of building a brand.
Creating web series is the great way to earn money from YouTube. Whether you know signing, making comedy videos and anything else, you can share it periodically. And if you can generate a good number of fan following of your channel, you can earn a lot of money. However, you must create valuable videos for entertaining or fixing a problem of your audience.
If you run a blog or website, you can drive traffic from YouTube. Generally, the income from a blog or website depends on the numbers of traffic you can generate. And when you drive traffic from your channel it enhances the both active and passive incomes. You can use the Creator Playbook. Additionally, make sure you add the site Url in the first line of your video descriptions. So that can funnel your YouTube traffic to your site.
This is the concept of charging money in exchange of viewing the videos. If you can create a domain authority, you can charge fees for your highly valuable videos. And in this option, you don’t need to share your income. Every money that comes is yours.
If you have your own products or services, you can promote them on YouTube. The channel offers unlimited ways for you to promote your products and make sales. You can create a lot of items like ebooks, apps, art, and music. Create your products, and add them to a shopping cart. Then use YouTube to promote them.
Along with other social media platforms, YouTube is one of the best places to promote affiliate products. There are numerous online marketplaces who offer affiliate programs. Sign up with their programs and share the affiliate link with your channel. However, you must have a targetted niche and a number of fan followings of your channel.
Tutorials videos are very popular on YouTube. Whatever you know you can share on the channel. Whether you know cooking, crafting, baking, home decorating, doing makeup you can make videos on that. If you can create subscribers for your videos and start getting considerable views, you can earn money from Adsense.
Storytelling is an another proven way of making money from YouTube. Do you know Nilesh Mishra? He is a celebrity story teller nowadays. If you are passionate about story telling, you can create a channel on this. However, you must select a niche according to your ability to deliver your audience.
This is a very interesting and self-rewarding option of earning huge money. Most of the companies hire YouTube experts to have the commercial accounts on the behalf of their companies. If you are an expert and know the every ins and outs of making videos, you can offer your service to those companies.
Here we share the 10 best ways of earning money with YouTube. However, if you are making money with some other ways, let us know on our social media platform. We’d love to hear from you and will definitely add that option of earning money on YouTube.