YouTube is a video sharing platform which allows people to upload their videos and share it with the world. With over 2 billion monthly active users, YouTube is the second largest search engine after Google. Apart from being a platform for sharing videos, it is also a great platform for making money.
There are many ways to make money on YouTube, but here we will discuss the most common ways.
1. Monetize Your Videos with Ads
The most common way to make money on YouTube is through advertisements. Once you have a YouTube channel, you can apply for the YouTube Partner Program (YPP). YPP enables you to monetize your videos with ads, meaning that Google will display ads on your videos and you will receive a portion of the revenue. To join YPP, your channel must meet the following criteria:
– You must have at least 1,000 subscribers
– You must have at least 4,000 watch hours in the past 12 months
– You must comply with YouTube’s terms of service and community guidelines
2. affiliate marketing
affiliate marketing is a way to promote products and services, and earn a commission if someone buys through your unique link. You can promote products related to your niche or products that you use in your videos. To make this work, you will need to sign up for affiliate programs of the products you want to promote. Once you have your affiliate link, you can include it in your video description or add it to your video directly.
3. Sponsorships
Sponsorships are a way for creators to collaborate with brands and promote their products or services. Brands will pay you to create content that includes their product or service. This can be a great way to earn money, but you need to find the right brand for your channel and make sure that the sponsorship fits your niche and values.
4. Sell Your Own Products
If you have your own products or services, you can promote them on your YouTube channel. This can be anything from merchandise to digital products such as ebooks, courses or memberships. You can promote your products on your channel or add a link to your website in your video description.
5. Super Chat
Super Chat is a feature introduced by YouTube for live streams. It allows viewers to pay to have their messages highlighted in the chat section of the live stream. This can be an additional source of income for creators who do live streams on their channel.
In conclusion, making money on YouTube requires time, effort and dedication. You need to consistently create high-quality content, build your audience and engage with them. Choose the monetization methods that work best for your niche and audience, and don’t be afraid to experiment. With persistence and hard work, you can turn your passion into a profitable career on YouTube.