Can you make money on YouTube? And if yes then ‘How to’ and ‘How much’ money you can make on YouTube?
This is the questions asked by many of my blog readers who wants to make money online from YouTube.
YouTube is the second largest search engine on the internet, 48 hrs of videos are being uploaded every minute and it receives billions of daily views. There are more interesting facts and stats about YouTube traffic which you can check here.
So much potential and so many opportunities but where exactly the income opportunities lies in YouTube & how can you make big money on YouTube?
So Can You Make Money on Tubes & How Much?
The obvious answer is yes. You can really make lots of money on YouTube. But not many people are utilizing this fact into a cash generating opportunity.
The first obvious reason is that you neither have the idea of this nor you have any video that you can upload and make money.
And another reason is that many people who upload the video on YouTube do not know how to make money from their uploaded video.
So don’t worry as this post will guide you to make money from YouTube and you can start earning from today itself.
How much money can you make on YouTube depends on the number of factors like which method you want to use, your skills, your resources etc.
How to Make Money on YouTube?
As I am talking about YouTube, you must understand, you need to upload videos in order to make money through YouTube. This must be some original videos and not the copied from other YouTube users and video sharing sites.
Don’t worry, but creating a video is very simple and it does not take much time to create your own videos. You can create a video with the mobile camera or a camcorder and if you don’t have either, you can buy one for this.
And if you want to record your computer screen, then you can either use Camtasia or Expression Encoder.
And if you don’t know what type of videos you should create then read this post on 25 YouTube video ideas.
So if you are ready to create a video and make money by uploading this on YouTube then just go through these 5 simple and different ways to make money from YouTube.
1. Make Money By Becoming a YouTube Partner
This is one of the best ways to make money on YouTube. Read here some of the success stories of YouTube partners who are making good money from YouTube.
You can create a video on literally any subject like giving some tips, teaching yoga and exercising ways, mobiles, gadget, Hollywood/Bollywood videos, different places you visit, singing, dancing and anything you think people can like it on YouTube.
Refer: 25 Best YouTube Video Ideas
You must be surprised to know that the father of the 2 children who created a just 56 sec fun video ‘Charlie bit my finger’ has made more than $3,00,000 just from YouTube from this single video and he is still earning from this.
So try to upload more and more good quality video and see how you will grow your earnings in YouTube.Just go through the YouTube partner Qualifications & FAQ before you apply for YouTube partner program from the link on that page.
It’s a good idea to create a YouTube account first, start uploading the videos in your YouTube channel & once there are hundreds of subscribers to your YouTube channel and thousands of views, you can apply for YouTube partner.
How much money can you make from YouTube partner program is no guarantee but having a good subscriber base and channel view can make you a very stable income enough to change your lifestyle.
2. Make Money by Creating a Blog
So if you have created a good YouTube channel and getting thousands of impression, why don’t you create a second source of income from the same videos and even getting more views through Google search engine.
By creating a free blog on blogger.com or self-hosted WordPress blogs, you can put all your videos on this blog.
Refer: How to Create a Website
Just give some title and description to each video on your blog then see how you are getting more views to your YouTube videos through search engine traffic.
You can use these traffic to generate more earnings from Google AdSense, Amazon or even by displaying many products from various affiliate or partner sites.
You can even put a tip jar on your blog by placing a ‘donate button from PayPal’.
Tip: You can use this method even if you don’t have YouTube account & videos. Just publish useful videos from YouTube on your blog on regular basis & add some description for each video & make money from your blog.
3. Make Money With Affiliate Marketing
This technique is for everyone and best for internet marketers. You can become an affiliate of hundreds of best affiliate program or network.
There are 2 types of users in YouTube –
- One who watch videos for entertainment & information like movies, songs, TV shows, news etc.
- second who watch videos for finding the solutions of their problems like health problems, legit reviews of products, how to videos etc.
The second category of people is for you.
Create a solution for them. Try researching with YouTube Keywords Tool and find what people are looking for and what solutions you can provide.
You can join the affiliate networks like Clickbank, Amazon, ShareASale etc. where you can find hundreds of thousands of products that can solve the problems of such people who visits YouTube videos to get rid of their problem.
Remember, getting ranked for some keyword is very competitive in search engines but its quite easy to rank in YouTube for such keywords. So either you can insert your an affiliate link directly in the description in the beginning and even in your videos.
You can even create a squeeze page and use the URL in your YouTube videos instead of affiliate link. Using proper tags, title and description will make sure targeted traffic for your videos.
If set properly, this way of doing affiliate marketing can make you much more money than any traditional way.
4. Make Money By Selling Links for Advertisement
There are millions of YouTube videos you will find, that receives thousands of view daily but the video owner does not have any idea if they can generate any money from their video.
If you are one of them and don’t want to utilize other earning methods, this can be proved as one of the simplest methods to make money from your YouTube videos.
Just add a simple line in the description and at the end of the video like ‘”advertise by placing your link in the description or video”.
You can ask the customers either to contact you by email OR give the price details so that only the interested people will contact you for placing the ad link .
You can decide how much you want to charge depending on your daily views. Suppose, you are getting around 100 views per day for a video, then you can ask a monthly payment of 10 to 12 dollars depending on the topic of the video.
If you have 50 to 100 such videos, you can earn between $500 to $700 a month or more.
There is one good tip if you can utilize.
As I said, there are million of videos which are not being utilized for any commercial purpose. So if you want to generate money from them, you can make this your part time business to find the customers who want to place their website links on such videos.
On the other hand, you search for videos where you don’t find any links in the descriptions so that you can contact them and place the links who give you the approval.
The catch is you charge more to the customers and pay less to video owners. How much you will make from such deals depends on your negotiation skills.
5. Make Money with Local Marketing
This one is the gold mine. If you do it professionally, you can make a full time living from this.
There are tens of thousands of local business in your area who does not have any online presence.
Just contact such businesses and ask them if you can create a video describing their business, products, and services and upload them on YouTube to get an online presence.
Convince them, how this can make an impact on their business. Be it a local restaurant, a saloon, a real estate agent, a marble merchant, a cake shop or any local business owner.
Just get out of your home and come to the nearby street and you will find hundreds of such businesses in 1 km circle. You need to be professional here.
Contact these business owners and show the advantage of how he can grow his business online and beat their competitor.
You can easily earn between $2000 to $3000 with this way.
How much you will charge, monthly, yearly or one time, what strategies to use etc. will come only through experience. So just get into the business and start making money.
Although I have explained all the possible methods of using YouTube to make money but there might be other methods as well which you can utilize to make money.
If you know any of such method, let me know so that I can include that in this article. I am eager to know, if you are making any money on YouTube or looking to start earning from any of the method explained above.
I appreciate your comments and let this travel to others though your recommendation so that people can benefit from this.