7 WAYS TO MAKE MONEY ON YouTube

There are so many ways to make money online. If you love making videos, you can create a channel at YouTube and start monetizing it.

YouTube is a platform owned by Google and a best place to upload videos such as comedy, trips, music, documentary, movies or short clips for the public for monetization.

Honestly, many people are making millions of dollars on YouTube. The highest paid YouTuber in 2018 is called Ryan, a 7-year-old boy who reviews toys on his YouTube channel and made $22 million dollars.

Jeffree Star is another high earner, who made more than $18 million on his YouTube channel.

Making money on YouTube is real and possible to anyone who wants to create videos that either educates or entertain.

When creating a YouTube channel, you should focus on a single niche in order to build a strong and loyal audience. For instance, you can create cooking tutorials, makeup tutorials, stream video games, review products, teach skills or produce comic or funny videos.

Now, you can start looking for ways to make money from your videos on your YouTube Channel when you hit 1,000 subscribers and your channel has at least 4,000 hours of watch time within the last year.

Below are 7 Ways to Make Money on YouTube

1. Register for Google AdSense Account

To start making money from your YouTube videos, create an AdSense account, an earning platform powered by Google.

Google AdSense will place ads in your videos, and this will start generating income as people keep watching your videos.

Here are steps to activate Google AdSense in your YouTube Channel

1. Login to your YouTube account.

2. Click on My Channel in the drop down after you click on your icon in the top right corner of the screen.

3. From this screen, click on YouTube Studio

4. On the bottom, left-hand side of your screen, click the option for Creator Studio Classic.

5. Once you’re in the Creator Studio, click on Channel > Status and Features. Finally, in the box that says Monetization, click Enable.

After activating Google AdSense account in your YouTube Channel, your videos can now be submitted and approved for monetization.

Remember, you can only earn the revenue generated from these ads if you associate a Google AdSense account with your YouTube account.

2. Engage in Affiliate marketing

Affiliate marketing is all about promoting or marketing other people’s products or services to generate a sale and earn commission.

You can start promoting other people’s products from these big companies, Amazon and eBay and start earning commission from every sale you make in your videos.

To earn commission from your promotion, make sure you put your affiliate or referral links in the description of your videos and direct your viewers to use them.

3. Sell your own products or services

If you have your own products like e-books, clothes or electronic products, you can use your YouTube Channel to promote it and make more sales.

4 Get Sponsorships

Nowadays, local businesses or companies offer sponsorship to YouTubers for them to promote their services or products.

For instance, if you use your YouTube channel to review mobile phones, you can write proposals or make a deal with a mobile phone shop in your country and start promoting them in your videos for money.

5. Directing traffic to your website

YouTube gets over 1.9 billion visitors monthly. This is Good News to YouTubers who own websites.

You can use your YouTube channel to drive traffic from YouTube to your website and start making more money if you have monetized your website with Google AdSense or other ad network.

6. Donation

Once you have thousand or million subscribers on your channel, it means many people love what you are doing in your videos.

You can solicit for funds or ask for donation to cover the costs you incur in producing that quality videos you upload on YouTube.

7. Email list

Creating an email list is a powerful tool to build a fan base or loyal followers. You can use YouTube Channel to create email list and later use your e-mail list to sell products or services to your loyal followers.