You may not be ready to quit your day job just yet, but that doesn’t mean you can’t find creative ways to make money on the side. Fortunately, YouTube is one of the most accessible and accommodating platforms for budding content creators looking to monetize their passion. In return for sharing your videos with the world via Google, you can earn some cash. We’ll walk you through everything you need to know about how to make money on YouTube as a side gig or secondary source of income. Get started by reading through this article, and then follow our step-by-step guide at the end to begin your own venture. While starting any business from home can be challenging, with the right tools and techniques, it doesn’t have to be so difficult either. Learn how you can leverage technology and people to succeed as an online content creator and monetize your love for video in this detailed guide.
How to make money on YouTube
YouTube is the world’s largest video platform and the second most-visited site on the internet (behind only Google). In other words, there is a huge opportunity to make money on YouTube by growing and monetizing your audience. Getting Started: The first step to making money on YouTube is creating a YouTube channel, that’s not rocket science. You’ll want to select a relevant channel name and include a short description of your channel so you can begin gathering and engaging with an audience right away. You can also include your username in your email address, as well as on your resume and social media accounts, to make it easier for people to find you online. Once you’ve created your channel, you’ll need to get your video content up as soon as possible.
Become a YouTube Partner
When your channel has 100 or more subscribers and you’ve accrued a total of 10,000 watch hours over the past year, you’ll qualify to become a YouTube partner. If you’re selected for partnership, you’ll be able to earn money from ads that run on your videos. The partner program also enables you to access helpful tools such as a custom URL, scalable video content storage, and advanced analytics that will make it easier to track your progress.
Create Video Content People Want to Watch
People will not be visiting your channel and staying for your ads if they have no interest in your content. Creating video content people want to watch is critical to monetizing your channel. Do your research and find out what kind of videos are trending right now, and then try to create similar content. You can also see what is most popular on YouTube by viewing the “Top Charts” section on the homepage of the website. You can filter the charts by video category or country to discover what types of videos are most popular among the global YouTube audience. You can also use the “Audience Interest” section within YouTube’s AdWords platform to discover what types of videos are attracting the most viewers. While creating video content that people want to watch involves both art and science, there are certainly some guidelines to follow.
Earn Advertising Dollars
Earn advertising dollars by creating engaging videos that your audience will then watch and click on. Once you have a sizable audience, you can apply for YouTube’s Advertiser Program. Once accepted, you’ll be able to select which advertisers’ ads you want to run on your videos and earn money each time a viewer clicks on an ad. You can also work with an ad agency to create sponsored content. In other words, you’ll create a video around a product or brand in exchange for a fee.
Make Money with Sponsorships and Endorsements
If you’re looking for another way to make money with YouTube but aren’t interested in running ads on your content, you can also pursue sponsorships and endorsements. You can use your sizeable following to contact potential advertisers and negotiate a percentage of sales from products and services that you endorse. Keep in mind that there are certain Federal Trade Commission guidelines that you should follow. For example, you should always clearly disclose any commercial relationships so that your followers know that you are being compensated for your recommendations.
Bottom line
The bottom line is that there are many ways to earn money with YouTube. You just have to be creative and put in the time and effort. The more time you spend creating content, engaging with your audience, and improving your channel, the more successful you’ll be. With that in mind, don’t forget that there are also a host of tools and apps that can help you make money on YouTube. From scheduling software to marketing tools and video editing software, these tools can help you create better content and be more efficient with your time as well.
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