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How To Make Money on YouTube

1.9K views
•
August 29, 2022
by
Jenn Jager
YouTube video player
How To Make Money on YouTube

TL;DR

Learn about nine different strategies to make money on YouTube, including the YouTube partnership program, channel memberships, in-person appearances, merch sales, affiliate commissions, creating a book or course, super thanks, running ads on a blog, and using YouTube as a lead generation tool.

Transcript

can you make real money on youtube you sure can today i'm going to show you nine ways to monetize a youtube channel now you probably won't get super rich if you just implement one of these ideas but if you can implement several of them you're talking real cash in your pocket every month let's just dive right into it but the most obvious one number ... Read More

Key Insights

  • 💰 YouTube Partnership Program: To monetize a YouTube channel, join the YouTube Partnership Program and earn revenue from ads on your videos. Meeting requirements such as 1,000 subscribers and 4,000 watch hours is necessary.
  • 💵 Channel Memberships: Offer a monthly subscription service on YouTube or through platforms like Patreon. Provide exclusive content, webinars, or freebies at different price points to monetize your channel.
  • 🎤 In-Person Appearances: Book paid gigs as a speaker by applying for conferences or networking with organizers. Creating your own event is another option to monetize your YouTube channel and meet your audience in person.
  • 👕 Merchandise Sales: Utilize YouTube's merch shelf to sell branded merchandise. It integrates with print-on-demand companies like Teespring and Spreadshirt, allowing you to earn money without upfront costs.
  • 🔗 Affiliate Commissions: Review products on your channel and join affiliate programs to earn a commission when viewers purchase through your custom affiliate links. Win-win for supporting your channel and viewers incur no additional costs.
  • 📚 Courses and Books: Create a relevant book or course that appeals to your audience. Run an ad with pre-sale pricing to gauge interest and use platforms like Thinkific for hosting. These creations provide long-term passive income.
  • 💰 Super Thanks: Encourage viewers to use Super Thanks, a tipping feature that allows them to give content creators a tip for valuable content. Eligibility requires being part of the YouTube Partnership Program.
  • 🗞️ Convert to Blog Posts: Repurpose your YouTube content into blog posts and monetize them through Google AdSense. Get a cheap blog-style website on Fiverr and earn passive income through ad placements.
  • 📊 Lead Generation: If you have another business or sales job, utilize YouTube as a lead generator. The exposure and credibility you gain on YouTube can lead to potential customers reaching out to you.

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Questions & Answers

Q: How does the YouTube partnership program work?

The YouTube partnership program allows creators to earn money by running ads in their videos and sharing the revenue with YouTube. To join, you need to have at least 1,000 subscribers and 4,000 watch hours in one year.

Q: How can YouTubers monetize their audience through channel memberships?

Channel memberships are a monthly subscription service where viewers pay a fee for exclusive content or benefits. Creators can offer different price points and perks, but they need to meet certain requirements, such as being part of the YouTube partnership program.

Q: What are some ways to monetize a YouTube channel through in-person appearances?

YouTubers can get booked for paid speaking gigs at conferences, attend events to network for future opportunities, or even organize their own events and charge admission. Live appearances help monetize a YouTube channel and offer the chance for followers to meet the creator in person.

Q: How can YouTubers make money by selling merch?

YouTube creators can utilize the merch shelf underneath their videos, allowing viewers to directly purchase merchandise like t-shirts, sweatshirts, or mugs. Companies like Teespring and Spreadshirt offer print-on-demand options, eliminating the need for upfront inventory costs.

Q: How can affiliate commissions be utilized to monetize a YouTube channel?

Creators who do product reviews can apply to join affiliate programs and receive custom links to include in their video descriptions. When viewers use these links to make purchases, the creator earns a percentage of the sale without costing the viewers anything extra. It can be a great source of passive income.

Q: How can creating a book or course contribute to monetizing a YouTube channel?

By creating a book or course relevant to their audience, YouTubers can promote it to their viewers and generate sales. Running ads with pre-sale pricing can gauge audience interest before investing in the creation process. Services like Thinkific offer platforms to host online courses.

Q: What is the "Super Thanks" feature on YouTube, and how can it be utilized for monetization?

"Super Thanks" is a way for viewers to tip creators if they appreciate their content. Viewers can give a monetary tip through the feature, and the revenue is split between the creator and YouTube. Being part of the YouTube partnership program is a requirement for eligibility.

Q: How can YouTube content be converted into a blog post to monetize through ads?

YouTubers can repurpose their content by converting it into a blog post and running ads on their website using Google AdSense. Creating a cheap blog-style website on platforms like Fiverr and signing up for Google AdSense can provide additional passive income alongside YouTube earnings.

Q: How can YouTube be used for lead generation?

If YouTubers also run a business or have a sales job, YouTube can serve as a powerful lead generation tool. By showcasing expertise and attracting viewers, individuals may choose to reach out for services or products. YouTube acts as a funnel for generating high-quality leads.

Summary & Key Takeaways

  • The YouTube partnership program allows YouTubers to earn money through ad revenue sharing, but certain requirements must be met.

  • Channel memberships offer a monthly subscription service where viewers pay a fee for exclusive content and benefits.

  • In-person appearances, such as speaking gigs at conferences or organizing one's own event, can bring in paid opportunities and connect with followers.


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