YouTube is a great platform for marketers, content creators, and video makers to share their videos. With an audience of billions of people across the world, there are endless opportunities to make money on YouTube. If you're just getting started with your channel or looking for new ways to monetize your current account, this blog post will help! We'll discuss 4 strategies that will help you make money on YouTube today.
1 - Make money through YouTube's Partner Program
The primary way that YouTuber's make money is through YouTube's Partner Program. To qualify for the program, you need to have a channel with at least 1000 subscribers and 4000 hours of watch time in 12 consecutive months. Once you've achieved this, you can apply for the Partner Program and start making money.
YouTube's Partner Program offers two types of monetization: AdSense, which places ads on your video; and YouTube Premium, a paid monthly service that allows users to watch videos without ad interruption or in the background while using other apps.
The amount you make from each type varies depending on how many people watch your videos and how many of those viewers are paying YouTube premium members. However, according to FameMass, to give you a rough idea - the average channel will earn around $1-4 per one thousand video views depending on your niche.
2 - Make money though merchandise
Selling merchandise is one of the most popular ways to make money on YouTube. You can create your own products and sell them on third party platforms.
There are a few different third-party platforms you can use to create merchandise. You can also sell branded products like coffee mugs, water bottles and more on your own website or store. There's no need for expensive marketing campaigns - just design the product with an online storefront, set how much it will cost and when it needs to be delivered and then promote the products in your next video.
Merchandise is especially popular with musicians and comedians, as they often have fans that want to buy T-shirts from them, hats, posters and more. It provides another way for the fans to show their support and love for a creator's content.
3 - Make money through sponsorships on YouTube
Another common way for YouTubers to make money on the site is through sponsorships. As YouTube continues its push into TV-like programming, it's not uncommon for brands to want sponsorship deals with popular shows and channels - even if they're just two people sitting in a room talking about video games or makeup tutorials. If you have enough subscribers and engagement, it's only a matter of time before companies will begin to reach out and offer to pay your for featuring there product or service in your videos.
4 - Make money on YouTube via affiliate links
Additionally, most YouTubers use affiliate links to promote products in their videos. If a viewer clicks on one of these links and buys something from the site that they were just watching you make some money - it's an easy way for creators to monetize views without having to do too much extra work.
In summary: YouTube is a great source for content creators who want to make money off of their videos. As the platform grows, so too will the amount of money creators can make on the platform. Just continue to work hard and it will only be a matter of time before the hard work pays off.
