Expert View “How to Make Money on YouTube” in 2023
If you think making money from YouTube used to be as simple as uploading great content, garnering millions of views, and earning a share of advertising money.
Can you imagine ‘How many videos will be watched every day’ its over 5 billion YouTube videos are watching every day. Average spending times per user closed to 40 minutes per YouTube session. Over 4 hundred hours of video upload to YouTube per minute around the world.
Now you know how much competition on YouTube and making money on YouTube become more and more challenging day by day.
With some powerful strategies everybody can employ to jumpstart your earning potential from the internet.
Still it is possible to make money from YouTube as a content creator through teaching, entertaining , reviewing, and being awesome on the internet.
Who’s going to watch your YouTube channel?
Building your own audience puts you in a great position to monetize content in a variety of ways. But you’ll only be able to take full advantage of the opportunities you have if you understand the makeup of your audience.
For many YouTubers looking to monetize, the more niche your channel, the better position you’ll be in to work with brands looking to target specific audiences (more on that later).
How to Make Money on YouTube
While it is possible to make significant income from YouTube as a content creator, it is not the easiest either. Four hundred hours of video upload to YouTube every single minute across the world.
Numbers don’t lie. Therefore the competition is pretty intense, and making a lot of money online becomes more challenging. Here are some powerful strategies you can employ to jumpstart your earning potential from YouTubWho’s going to watch your YouTube channel
1. YouTube Monetization: Use affiliate links on YouTube.
There are many ways to monetize YouTube. One of is promoting affiliate links to generate massive earning opportunities for any channel that offers in-depth product reviews and tutorials. Just imagine, if you recommend a product and a user click affiliate link and buy the product.
Now you are eligible to get products commissions. This can be achieved smarly place that affiliate links are possible early in your description and must speak about your link in your video content.
Just like you promoting affiliate links on your Blog similiary posting affiliate links on YouTube . Thus it’s not good for your YouTube channel to pour affiliate links all over your video content only for the monetary advantage.
Don’t forget that you have created video content for your viewers not only for affiliate links . don’t forget that viewers will only follow these links then they believe you are a trusted resource.
To build trust with your audience, help them solve concrete problems and provide tutorials. As a bonus, you can create videos that offer solutions you have previously accomplished yourself.
There are many of affiliate programs for you to join You can join many different programs in one place on a popular affiliate network like Shareasale or Awin.
2. Become a YouTube Partner and earn money from Google ads.
The first revenue stream that comes on everybody’s mind is likely to explore ads. Joining the YouTube Partners Program and setting up monetization is a vital step before you want to earn money on Youtube without creating videos. As for YouTube’s rules,
You can apply for monetization once your channel will hit 1000+ subscribers and 4000 watch hours over the past year.
There are no hard and fast rules to get these foundational 4000 hours. You can achieve this by getting 200 hours each on 20 videos and any combination to get your total of 4000 hours.
After becoming a YouTube partner , youtube monetizes videos via pre-roll, display and other advertising formats. Google ads or any advertisers pay based on per clicks and impressions.
Google ads give you 55% of this revenue and take 45% for itself . Your channel’s video must adhere to advertising guidelines. Videos that contain foul language, adult content, violence and other subjects will not have ads placed against them.
- Controversial or sensitive subjects and events, including subjects related to war, political conflicts, natural disasters, and tragedies, even if graphic imagery is not shown.
How many views do you need to make money?
As for rules, your revenue is not based on the number of views. If your video gets thousands of views but no one watches or clicks the ads , you won’t make any money. As for YouTube’criteria for billing advertisers: a viewer must click an ad or watch the ad for a certain seconds then you have to get paid.
How to enable monetization on YouTube
- Sign in to the YouTube account you want to monetize.
- Click the icon for your account in the top right corner.
- Click YouTube Studio.
- In the left menu, select Other Features > Monetization.
- Read and agree to the YouTuber Partner Program terms.
- Create a new AdSense account or connect an existing one to your channel. (You need an AdSense account to get paid.)
- Set your monetization preferences.
3. Make Money on YouTube with Funding from Your Fans
Channel memberships is another popular way to monetize your Youtube channel.
Once you’ve built trust on the viewer and got a loyal fan following. then you encourage them to crowdfund your YouTube channel to continue to add new videos and get some profif.
Once fans and followers make recurring monthly or yearly payments in exchange for bonus contents such as t-shirts , special videos, live chats sessions and other content. YouTube partners who have reached 30,000+ subscribers can enable this monetization feature on your YouTube channel account.
Third-party services such as Patreon also help video creators to monetize their fan base via monthly memberships. Top video creators earn as much as $40,000 per month from fan support.
For-profit and nonprofit channels alike are leveraging this fan-funding with their audience to keep their video operations running smoothly. As long your content is interesting, entertaining, or providing value, you would be amazed at how your viewers open the floodgates of generosity.
4. Master Your YouTube SEO.
It is not necessary, you have built a significant following or are you new in this area.
What will you do ?
Now you have to step up your game and maximize YouTube SEO for your channel .
To do that, perform keyword research like a professional. Now , think a little differently based on what people are searching for on YouTube. For new video creators , make sure you are using high-value keywords in your video and place them on title, description, and video tags.
Once launched, you can check your YouTube “Traffic Source: YouTube search” report to get an idea of what people are searching for when they find your videos.
After launching the video, keep checking your YouTube video’s “traffic source’. You get an idea of what people are searching for when they find your videos.
In general, Google provides video results for keywords how to, reviews, tutorials, and funny video terms.
There are also five key YouTube SEO ranking factors to consider:
- Number of comments
- Subscribes after watching a video
- Thumbs up/thumbs down ratio
- Video length
- Click-through-rate on the YouTube search results
If you add your YouTube channel to A Blog
5. Make the most of your YouTube marketing funnel.
Once you build a fan base for your YouTube channel . Now maximize optimize your YouTube channel for sales. Choose a profitable niche, become a YouTube partner, and start making your marketing funnel.
Through YouTube you can easily spread your message but if you combine with a blog ,you can make more money on YouTube. A blog can give more detail to users and you’re collecting more email addresses and eventually selling products to your loyal fan base.
Look in this way, you write a detailed blog post about an affiliate product you’re recommending. This blog post got a decent reader than you repurpose that content, and create a YouTube video embedded in the postboth . Now send users from YouTube back to your blog and to the affiliate links to earn commissions and build blog readers.
6. Become an Amazon Influencer.
Now the Amazon influencer program is becoming more popular. This influencer program allows you to grow your YouTube presence to make money on YouTube via Amazon recommendations.
After becoming an Amazon Influencer, you can review and recommend Amazon products and direct your viewers to Amazon to purchase via affiliate links. After your viewers click through and make an Amazon purchase, you get your cut of the commissions – typically 4-10%.
However, this program isn’t open to everyone. Social media follower count and other.
7. License your content to the media
If you happen to create a viral video with mass appeal—say, a funny clip featuring your dog—you can license your content in exchange for money.
TV news outlets, morning shows, online news sites, and other creators might reach out about rights to use your videos if they happen to go viral.
You can also list your videos in a marketplace, such as Juken Media where your content will be easier for the right people to find and purchase.
8. Explore extra gains from YouTube Red Subscribers.
YouTube Red allows users to pay $9.99 for ad-free YouTube viewing. Even without ads, content creators can still generate money and make 55% of revenue, based on view time. There are mixed reviews on whether YouTube Red increases or decreases CPM rates.
With YouTube Red, your watch time matters, so check your YouTube Analytics to view your statistics like watch time and video engagement.
How Much Money Can You Make on YouTube?
The short answer: it depends.
By using ad monetization, affiliate links, and selling sponsored placements in your videos, you can maximize your revenue potential.
On YouTube, you can make money from ads on a CPM, CPV, and CPC basis. With cost per impression (CPM), a typical YouTuber makes $7.60 per 1,000 views.
Nonetheless, by Google policy, creators get 55% of earnings accrued from advertisements while Google keeps 45%.
Now if you are using affiliate marketing as a channel owner, advertisers disburse payment with different models – typically cost per sale or cost per lead. Here, your earnings directly correlate with the number of conversions and sale commissions you get from advertisers.
You can also sell sponsored product placements in your videos. Here YouTubers make money by selling either short mentions or more extended product recommendations on brands looking for exposure.
However, if you have been able to build a measurable following on your channel, brands will pay you. This price may range from $20 to $50 for every few thousand views they get on your channel.
So if for example, their video on your channel hits millions of views, you can be dancing to the bank anywhere from $20,000 to $50,000. This strategy is a better way to monetize when you aren’t generating millions of views.
How Much Money Do YouTubers Make?
For thousands of YouTubers, this answer may be nothing, or barely anything. For popular YouTubers, this could be a million dollars or more per year.
It’s getting tougher to make money, as ad revenue can range from $0.35 to $5 per view, with the safe assumption being $1 per 1,000 views.
The profitability of your channel is tied to both your views and your niche.
YouTubers in highly-viewed niches like listicles, news, celebrity gossip, makeup and beauty, and popular fails quickly pull in revenue with millions of views.
There are also YouTube revenue calculators to help you understand how much you can make based on video views and engagement.
How many views do you need to cash out on YouTube? Once you attain a balance of $100, YouTube pays you.
And can you earn from YouTube on a pay-per-subscriber basis? YouTubers just rolled out a subscription service to YouTubers with high follower counts.
Merchandise Sales
YouTube partners also have the ability to sell up to 12 items of merchandise to their audience by enabling this feature in their account. Jeffree Starr has made millions selling lipstick, highlighters and eye shadow palettes to his fans.