Many people want to know how they can make money on YouTube, but the answer is not as simple as you might think.
There are many different ways you can generate revenue from your videos, and this blog post will discuss some of them so that you have a better idea of what is possible for monetizing your online content.
Become a YouTube partner and earn from advertisements
YouTube has an ad revenue sharing program where they will share advertising revenues with partners who produce videos that meet their advertiser-friendly guidelines. You have to apply and get accepted before you can start collecting any money for your YouTube video views, but once approved, it's easy to upload content and wait for the cash to roll in. However, if you prefer not to wait you can always buy a monetized YouTube channel to avoid the wait and start earning from your account instantly.
Using affiliate links on YouTube
Affiliate marketing is a great way to make money on YouTube by linking to products you're interested in and would recommend anyway. You can include affiliate links in your videos or put them into the video description for people who want more information about a product before buying it.
Make money from fan donations
YouTube allows viewers to donate to creators during live streams. If you build a loyal following on YouTube, viewers are often willing to send you money if they enjoy your content.
Creating your own merchandise
You can make a ton of cash by creating and selling T-shirts with catchy slogans or logos from your channel. You could also sell sponsored products like hats, umbrellas, mugs, etc.
Offering services in exchange for payment
You could offer your services to companies who need help producing YouTube videos. This includes things like consulting, production, and even shooting the video for them.
Offering paid educational courses
Create a course that teaches people how to do specific tasks on their own or hire someone else (or use pre-existing content) to create one for you. By showing people you have an extensive knowledge on a subject in your YouTube videos, it's easy for you to sell an educational course that teaches them if they would like to learn.
You can get sponsorships to put a company's logo in your video or even mention them by name. This could be as simple as having links on your channel that take viewers directly to products they might want to buy from the sponsoring company, and it doesn't have to include much more than an endorsement of their product.
In conclusion, there are many ways to make money from YouTube but all of them involving building an engaged audience. So, focus on posting good content that people will want to watch, and in time the money should follow.