Today, around the globe, five billion YouTube videos are watched every day. YouTube is popular as ever, with users spending an average of 40 minutes per video. With YouTube growing exponentially, you can earn good money on YouTube.
While Google AdSense is a great way to make some money, there are more diversified ways to make extra money online via YouTube.
How To Make Money On YouTube?
While it is possible to make a significant amount of money on YouTube, it is not easy either. Four hundred hours of video are uploaded every minute, making the competition extremely intense.
Through this article, we will tell you five ways to make money on YouTube.
1) Master Your YouTube SEO
Generating consistent income from your YouTube channel is possible only when your viewers return to watch your videos. Enhance your YouTube SEO efforts to increase your earning potential and make money on YouTube.
To maximize your YouTube SEO, conduct thorough keyword research using any keyword research tool. Ensure the keywords you choose follow a trend or have a high search volume and low difficulty on YT. High-volume keywords are those that your viewers frequently use while searching for products or services online. Besides, you can use an AI YouTube description generator to craft SEO-friendly descriptions, leading to higher rankings in YouTube search results. Craft engaging titles that grab your viewer’s attention using an AI YouTube title generator.
Once you have a decent viewership count, you can explore other ways to make money online via YouTube. You can also use free keyword research tools, such as keyword.io, to be more specific about your content niche. Keyword research tools like AHref and other paid tools give you an accuracy of words used by our viewers and help your videos reach out to them even faster, and it is one of the ways to make money on YouTube.
To check how your YouTube SEO game is working out for you, there are YouTube analytics tools. With these tools, you can examine what videos are working out, what keywords bring you more subscribers, etc.
Here are five key YouTube SEO ranking factors that will help your channel grow:
- Add metadata in your title
- Optimize your video description
- Video length
- Click-through rate on the YouTube search results
- An irresistible YouTube video thumbnail
2) Affiliate Marketing
One of the most effective ways to generate passive income online via YouTube is affiliate marketing. Affiliate marketing is a popular tactic for driving sales and generating significant online revenue.
Promoting affiliate marketing links can be a massive earning opportunity for channels that offer in-depth tutorials and insightful product reviews. For example, if you recommend a product and a user visits your link to buy, you’ll start earning commissions.
After maximizing your YouTube SEO, this is one of the most effective ways to make money on YouTube.
Affiliate marketing is a process to promote other brand products or companies on your channel and earn commission on each sale you make. As an influencer, people with a selling course approach you to market their products, generating more buyers, and in return, you receive a commission and some extra money to promote their brand and reach a wider audience. Affiliate marketing is highly beneficial to both brands and affiliate marketers.
3) Google AdSense
For many YouTubers, ads are the essential revenue stream. Becoming a YouTube partner and earning money through ads is possible, but it is not easy. Google AdSense doesn’t mean that you start a channel today and start earning immediately. There are some ground rules to observe before becoming a certified YouTube partner. You must have at least 4,000 hours of video watched on your channel and have at least 1,000 subscribers to meet the basic eligibility requirements for becoming a YouTube partner.
There is no time limit to curate these subscribers and so many hours of video to reach the eligibility and earn from Google AdSense. You can earn 100 hours from 40 videos or any combination to total up to 4000 hours.
As a YouTube Partner, you can earn money through ads that play before, during, or after your video.
4) Tutorial Videos
Tutorials are massive on YouTube, and the world is learning different things through these tutorial videos. If you think there is something you know well and that everybody should know about, you can enlighten the world with your knowledge and earn money for showcasing your talent.
Tutorial videos, such as beauty tutorials or cooking tutorials, are highly popular. If you know of one, then share it on your channel and make more money, honey.
5) YouTube Merchandise
Never forget that you have a brand, or, more accurately, that you are a brand that people follow and support. If you are a popular YouTuber, you may be surprised to see how many people are willing to buy your branded products to show off their fandom.
YouTube offers various ways to promote your product or make sales. If you have your own product, mention it in your video and include a link to your product’s shopping page in the video description, allowing viewers to purchase it directly.
6) Start a YouTube Niche
One way to make money on YouTube is by catering to a niche audience and creating content tailored to their interests. One of the easiest ways to do so is to start a secondary channel or turn the YouTube videos into blog posts. It will allow you to earn additional revenue from it. This way, you can repurpose your content and save time by not having to write blogs from scratch. By converting videos into blog posts, you can drive traffic from search engines and earn from display ads and even a newsletter.
Additionally, you can start a video podcast related to the YouTube niche. Inviting guests relevant to the niche will attract several money-making opportunities per episode. It will add more depth to your existing YouTube videos and build credibility for your channel. Podcasts can attract sponsorships, Live streams, BTS content, etc. The key is to attract and develop revenue streams beyond traditional uploads across multiple formats, helping you maximize your earning potential.
7) Monetize your Social Media Presence
It is essential to build a social media presence, in addition to having a YouTube channel. One of the ways to make money on YouTube is monetizing through Instagram, TikTok, YouTube Shorts, etc. You can boost more traffic to your channel by posting sponsored content, brand deals, highlights, and short clips on other social media platforms, and create monetization opportunities across all platforms for different audiences.
Bonus Tips to make money on YouTube
Some bonus tips to get you to earn extra money online via YouTube.
- Start with a drop shipping business, which essentially means you can sell products without maintaining stock. It is a form of supply chain management where orders reach the respective wholesalers, retailers, or fulfillment houses, which then ship the goods directly to customers.
- Create web series and build curiosity for viewers to come to your channel and watch the series, this will bring the necessary attention to your videos and your YouTube channel.
- Make scheduled videos to maintain discipline and add your videos so that your subscribers know when you will be online so that they can watch your videos at a scheduled time.
- Make money on YouTube with crowdfunding. If you have a loyal fan following, encouraging them to support your videos can make a significant difference in your earnings.
- Publish a high-retention video.
Conclusion
That wraps up our article about how you can make money online via YouTube. Although there is no one single method to make money on YouTube, you can explore various methods, such as to buy YouTube views. It is essential to target the right audience to grow your channel base more quickly. To achieve this goal, you can promote a video on YouTube that can help you reach a relevant audience.
Frequently Asked Questions
Q1. How does YouTube pay you?
There are multiple ways YouTube pays creators. It primarily generates revenue through ad sales via the YouTube Partner Program. Along with ad revenue, creators can also earn money through Super Chats, Channel Memberships, and YouTube Premium revenue.
Q2. How many views do you need to make money on YouTube?
To start earning revenue, there are no requirements for a set number of views. However, to monetize, it is essential to join YPP and complete the YPP requirements, which include 1000 subscribers and either 4000 watch hours in the past 12 months or 10 million Short views in the past 90 days.
Q3. Do Shorts Make Money on YouTube?
Yes. YouTube Shorts are monetized. Creators can earn revenue through ad revenue. When ads are shown in the Shorts Feed, the creator earns 45% of the revenue, with the remaining 55% going to YouTube.
Q4. What is the fastest way to earn money on YouTube?
The fastest way to earn money on YouTube is to monetize through every stream, such as sponsorships, affiliate marketing, and memberships. Apart from relying on ad revenue, having multiple revenue streams allows creators to earn faster on YouTube.
