Today, YouTube has become a global phenomenon. Every day more than 5+ Billion YouTube videos are being watched by 2+ billion YouTube users worldwide. An average person spends about 40 minutes watching YouTube.
A lot of People make money by publishing their videos on YouTube and becoming YouTube celebrities. So, why not invest our time on learning the different methods on how to make money on YouTube. It’s pretty simple, to get started all you need is a computer, camera or smartphone to make videos and then using video editing softwares to edit your videos. The last thing, you also need to do is evaluate what you are good at doing. So for example
How To Make Money On Youtube
Reading through this article will help you learn the Top 7 Methods on How to make money on YouTube in 2020.
Earn From Advertising And By Becoming A Youtube Partner
YouTube partners primarily make money from advertisements on their videos. They also offer paid channel memberships, also by offering (Super Chat) which is a live chat feature to boost the viewer’s comments.
To earn through this method, you will have to start a channel and upload some good quality videos. Once done make sure you adhere to some advertisement rules. You should be having at-least a 1, 000 channel subscribers and have 4,000 hours of your uploaded videos watched by viewers within a year.
Once you have successfully achieved the above, your monetization begins as you notice a green”$” sign next to videos in your video manager.
Make Money By Using Affiliate Links On Youtube
To put in words, make money by using affiliate links is simply a promotion. This is a method adopted by YouTubers who are either reviewers or influencers of a certain product. When recommending a product they add affiliate links in their video’s description. Once someone clicks the link and makes a purchase, they get a commission.
You can do the same by making product review videos and adding affiliate links in the video description. It’s important to encourage the viewers watching your videos to click the affiliate links added by you. Consequently, you would make money by earning a commission when someone watching your video visits the link and makes a purchase.
Using Platforms Or Fans Funding
it’s easy as it looks, if your YouTube channel and you have a high influence or the loyalty of your fans, you can make money by asking them to support your channel by funding your channel’s content and videos.
To seek funding support, join a platform like Tipee.com or Patreon. Patreon has introduced paid subscriptions to fans of content creators whereas Tipee takes periodic or one-time donations.
YouTube Seo Optimization
If your channel hasn’t had success in attaining significant channel subscribers, you should definitely use SEO Optimization for YouTube to make money.
Start by performing keyword research like the normal SEO process with a little focus on what’s trending on YouTube. Use keywords with high-value in the title, description and tags of your video.
After launching, through the report from “YouTube Search: Traffic Sources” you can monitor and evaluate what keywords show your videos to people.
Make Money By Creating A Youtube Marketing Funnel
To optimize sales of your YouTube channel. Become a partner for YouTube, select a niche and manage your marketing funnel. If you use your blog in combination with YouTube you can make money. Since YouTube is a one way medium to sending a message, with a blog you can actually gather more email addresses and consider email marketing to sell products.
To put it in an example: You post a review and add an embedded YouTube video about an affiliate product with your recommendation to your blog. This way you make money by sending users back and forth, first by diverting traffic from your blog to your YouTube channel and then sending them to the affiliate links to earn your commission.
Using Amazon Influencer Programs
This is the most popular influencer program online. With the help of Amazon recommendations, you can make money and maximize the presence of your YouTube channel.
You can divert your YouTube audience to amazon to purchase the products that you review and recommend through affiliate links. You get approximately 8-10% when your viewer makes a purchase on Amazon through your affiliate links.
Not everyone can use this program, only the top YouTubers with a strong social media presence, following, influence and other metrics are eligible.
Make Money From Youtube Red Subscribers
After paying $9.99, YouTube Red users get exclusive access to YouTube channels without having to view advertisements when watching their favorite channels. You must be thinking how does this help content creators? How will they make money? Well, content creators with a high view time still get to make money up to 55% of revenue.
The only drawback with YouTube Red is your views and watch time needs to have a high watch time. It is important you keep checking your YouTube analytics and monitor video engagements and watching times.
