The Ultimate Guide: 5 Tested Ways to Make Money on YouTube

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YouTube topics that bring in money:

What kind of videos you'll be making is one of the first things you'll need to decide when starting your own YouTube channel. You can choose whatever suits you best, although there are a few common video genres with straightforward entry points.

This is another well-liked method of making movies if you are an authority on a particular subject and are capable of making unbiased judgments about goods. You can do this with a variety of things, including cosmetics palettes, digital cameras, and dog toys.

The secret is to choose and stick with a specific niche. You probably won't be able to build the necessary following to earn money if you review books one week and instructive children's games the next.

Tutorials

Another well-liked strategy to share your knowledge with others is through tutorials. People can be guided through simple tasks like how to make a roast, curl their hair, file their taxes, and sew a button. YouTube videos are frequently used by people for DIY projects, from the simplest to the most challenging.

Make a list of your qualifications, interests, and areas of expertise to determine the types of tutorials and how-to you can write.

Vlogging

You might think about creating a vlog if you're always sharing fascinating tales, having thrilling adventures, or simply have a talent for talking about unremarkable observations. You'll record your thoughts instead of writing them down and then share them with your audience. This is a fantastic method to generate income from your regular activities.

How to Create an Income-Generating YouTube Channel

Starting a YouTube channel is simple, but posting content and gaining subscribers are more challenging.

Create a YouTube channel as the first step.

Logging into YouTube and clicking the "Create Channel" link under your profile image will instantly create a YouTube channel. The Channel dashboard will then be displayed to you, where you may find tools and guides for making, uploading, and sharing your videos.

You will be required to supply an email address, therefore there are two choices. Your personal email address can be used to create a distinct channel, or you can create a unique email address to be used only for your channel. Choose the latter if you prefer the security of having distinct accounts to prevent unintentionally posting personal information alongside business-related information.

Don't forget to complete the About section of your profile as well as any other fields. Make sure your channel header image appears fine on mobile devices and in web browsers before uploading it.

Step 2: Select a course of action

You might publish videos on a sporadic timetable with unrelated topics, but if you want to monetize your YouTube channel, you need a particular plan.

The largest component, in all honesty, is quantity and making sure you hit the fan favorites, according to Let's Talk Money YouTuber Joseph Hogue. "One video per week used to be the standard, but I feel like somebody really trying to grow their channel needs to be producing two a week now," said the speaker. Hogue suggests setting up a timetable with specific times and days for each video you release. Once you've created a timetable that feels good to you, take into account these other factors:

* What number of videos will you create each month?

* When will you post them, exactly?

* What details will you provide in the descriptions of your videos?

* Will you be more official or will you include insights from your own life?

* What will the thumbnails for your videos look like?

* How will you decide what subjects to cover in your videos?

Examine other successful channels in your niche to get a sense of what approach will work for you. Instead than copying them, consider what is working from them as inspiration. If you notice multiple channels using the same elements repeatedly, that's a sign that you should think about using them as well.

Create a system for producing and uploading videos in step three.

It's crucial to create a system or approach for your films in order to make the process easier and more efficient.

Numerous popular YouTubers suggest shooting multiple videos at once and batch-processing them. By doing everything at once, you may arrange the release of the results in advance.

To further sped up the procedure, you can create tools like step-by-step checklists. This capability, in addition to other useful tools like keyword research, is provided by the well-known program TubeBuddy. The editing process can be sped up considerably by being familiar with the keyboard shortcuts in your video editing program. You can engage an editor or a virtual assistant to assist you with these responsibilities as your channel and income increase.

The key goal is to create a system that works for you so that you may essentially operate automatically. Your time will be freed up to work on other projects, such as writing scripts, making captivating films, and other types of strategic planning.

Step 4: Modify and Adapt

Every so often, step back and evaluate whether your objectives are being met. You can check your analytics to determine your channel's performance by determining whether you're reaching your target audience, how many views you're getting, and which themes connect or don't. You might need to take a step back and make some adjustments if what you're doing isn't working.

Joining a group of YouTube creators, especially those in your own specialty, is also beneficial. They can offer feedback on your channel, and you can enquire about what has worked for others, what programs or methods they employ, or ask for assistance with marketing tactics. Through networking with other creators, you can all learn from one another and develop your channels.

How to Make Money from Your YouTube Channel: 5 Successful Methods

Once you have a sizable subscriber base on YouTube, there are numerous ways to make money with your channel.

* Google Adsense

The most well-liked method of making money on YouTube is this. Before YouTube permits you to insert advertisements into your videos, you must first achieve two particular goals:

Have at least 4,000 hours of video watch time in the last year.

own a minimum of 1,000 subscribers

Due to these stringent standards, many people are discovering that YouTube adverts are more of a secondary source of income than a major one.

Ad rates (CPM) are unquestionably declining, according to popular YouTubers. Cost per mille, or CPM, is the price that advertisers pay to display their advertisement to 1,000 viewers. "Overall, our pay has decreased. YouTubers aren't permitted to reveal their CPM, but I do track mine and can say that it has decreased from previous years.

Another reason why it could be risky to rely solely on YouTube for money is because of this. You are constantly at the platform's mercy. Creating your own items or beginning a blog can help you diversify your sources of income.

* Sponsorships and brand relationships

Although ads are a terrific method to generate passive revenue, many YouTubers actually make their money by working with sponsors.

This technique necessitates caution. Even if it might be profitable, you cannot promote or sell goods that your target market would not understand. You risk losing their faith if you do.

Choose your partners carefully, popular YouTubers advised. "It dilutes your brand, regardless of how amazing the firm is. Therefore, set your prices appropriately and be ready to examine the company's operations on your own. Also, be ready to hear about it if they make a mistake with one of your viewers.

Make a list of your favorite relevant firms that pay for advertising, and then get in touch with the marketing departments of those organizations. You can use any films you've already made about those products as evidence that you actually use them.

*  Partner Marketing

With affiliate marketing, you continue to promote the goods of other businesses in your videos while receiving a reward for each individual who makes a purchase after clicking on your special referral link in the video description.

"I try to mention (affiliates) when it naturally fits with the topic," Hogue added.

Even your affiliate marketing plan can be improved. Here is the one Hogue is attempting.

"I'll do a series of two or three videos on a topic with a natural fit for an affiliate," he declared. "I'll then make a lead magnet and email series to hook people into watching every video and receiving the emails," the author continued.

Choose a product or service that you've actually used and enjoyed that you believe your audience would adore, and then come up with some ideas for how to build fresh content around it.

* Market your personal goods and services

Mentioning your existing courses, eBooks, or other products in your videos can be a terrific approach to increase interest in your offers. In order for users to find your videos, be sure to include a link in the description.

If you want to go this path, be careful not to oversell your own products. You want your audience to perceive it as a natural recommendation.

* Request assistance from your audience

Utilizing a platform like Patreon, you can solicit financial support from your viewers in order to earn money on YouTube. For some markets more so than others, this may make sense. For instance, fan support is a typical source of money for gamers, however, it might not be as appropriate for someone with a personal finance channel.

A famous YouTuber stated, "I would feel wrong asking it of my viewers while also advising them to cut costs because it's not a place I personally put my money." "I'd never ask for it, but it would be a great honor to know that fans believed in me so much they were willing to pay a monthly fee just to cheer for me.

For many YouTubers, earning money via Patreon is a reality, but you can only ask for it after you've produced a ton of worthwhile videos.

Will You Be the Next YouTuber to Earn a Million Dollars?

Even the most dedicated person is unlikely to make a million bucks on YouTube, but it may be a terrific location to develop a presence and brand that will benefit their blog, coaching business, or course.

It can also be a terrific way to challenge yourself, pick up new skills, and earn money from your interest. It can be a terrific side business if you're persistent, ready to learn, and passionate about videos. It may even turn into your full-time job if you put in enough effort.