How to Make Money on YouTube 2020 New Methods , Hacks And Tips.
How to Make Money on YouTube
While it is possible to make significant income from YouTube as a content creator, it is not the easiest either. Four hundred hours of video upload to YouTube every single minute across the world
Numbers don’t lie. Therefore the competition is pretty intense, and making a lot of money online becomes more challenging. Here are some powerful strategies you can employ to jumpstart your earning potential from YouTube
YouTube Monetization: Use affiliate links on YouTube
Promoting affiliate links can be a massive earning opportunity for channels that offer in-depth tutorials as well as insightful product reviews. For example, if you recommend a product and a user visits your link to buy, you’ll start earning commissions. You can place these links in the first few lines of your description and speak about your link in your video content
Posting affiliate links on YouTube shares a typical resemblance to promoting affiliate links on your blog. Thus, you shouldn’t pour affiliate links all over your YouTube content just for the monetary benefit. Don’t forget that viewers will only follow these links when they believe you are a trusted resource.
To build trust with your audience, help them solve concrete problems and provide tutorials. As a bonus, you can create videos that offer solutions you have previously accomplished yourself
There are plenty of affiliate programs for you to join. You can join many different programs in one place on a popular affiliate network like Shareasale or Awin
The best step to maximize revenue is to start a blog in unison with your YouTube channel and add affiliate links there too. That way, you’re monetizing YouTube and also have a website on a platform that you own yourself.
The first step to starting a blog is to get started with Bluehost web hosting
Become a YouTube Partner and earn from ads
For many YouTubers, ads are the most essential revenue stream
As a YouTube Partner, you make money in different ways. You can make money from ads before your videos, channel memberships, or Google AdSense banner ads
However, there are some ground rules to observe before becoming a certified YouTube Partner as well as some prerequisites needed to start. Aside from adhering to YouTube’s ad rules, you must amass a minimum of 4,000 video watch hours on your channel in the last 12 months and have 1,000 subscribers
There is no concrete timeline or format to get these foundational 4,000 hours. You can get 100 hours each on 40 videos or any combination to get your total to 4,000
For example, the famous international hit Gangnam Style took an enduring five months to achieve 1 billion views. However, Despacito was less patient rushing to 1 billion views in barely 97 days
After successfully achieving the 4,000 hour-threshold and winning your place as a YouTube Partner, you can start earning from ads
In your Video Manager, a green “$” next to your videos indicates that you can now tap into YouTube monetization
With YouTube Premium removing ads for viewers for a monthly fee, YouTube still helps support creators by paying based on the percentage of total watch time
However, you may not always be able to base your revenue generation on YouTube from advertising alone. There are other avenues by which you can consolidate your earning potential on YouTube
Make Money on YouTube with Funding from Your Fans
If you’ve built a following of loyal fans, encouraging them to crowdfund your channel can help you fund your new videos and profit
A platform like Patreon introduces more seamlessness to the process of getting paid for your content. For as little as a dollar, your fans can make subscriptions to their favorite channels, even going home with some exclusive rewards from their favorite content creators. Tipee is another service that allows you to enjoy a combo of recurring and one-time donations
For-profit and nonprofit channels alike are leveraging this fan-funding with their audience to keep their video operations running smoothly. As long your content is interesting, entertaining, or providing value, you would be amazed at how your viewers open the floodgates of generosity
Master Your YouTube SEO
For video creators who have not built a significant following yet, you have to step up your game and maximize YouTube SEO this year
To do that, perform keyword research like you usually would – however, think a little differently based on what people are searching for on YouTube. Next, make sure you are using high-value keywords in your video title, description, and video tags
Once launched, you can check your YouTube “Traffic Source: YouTube search” report to get an idea of what people are searching for when they find your videos
In general, Google provides video results for keywords on how to, reviews, tutorials, and funny video terms
Make the most of your YouTube marketing funnel
Optimize your YouTube channel for sales. Choose your niche, become a YouTube partner, and start planning your marketing funnel
YouTube is one way to spread your message, but you can make more money by using YouTube in unison with a blog. That way you’re collecting more email addresses and eventually selling products to your fan base
For example, if you write a blog post about an affiliate product you’re recommending, repurpose that content, and create a YouTube video embedded in the post. Then send users from YouTube back to your blog and to the affiliate links to both earn commissions and build blog readers
Become an Amazon Influencer
The Amazon influencer program is becoming more popular. This influencer program allows you to maximize your YouTube (social media in general) presence to make money via Amazon recommendations
After joining the program, you can review and recommend products and direct your viewers to Amazon to purchase via affiliate links. When your viewers click through and make Amazon purchase, you get your cut of the commissions – typically 8-10%
However, this program isn’t open to everyone. Social media follower count and other metrics dictate approval odds
Explore extra gains from YouTube Red Subscribers
YouTube Red allows users to pay $9.99 for ad-free YouTube viewing. Even without ads, content creators can still generate money and make 55% of revenue, based on view time. There are mixed reviews on whether YouTube Red increases or decreases CPM rates
With YouTube Red, your watch time matters, so check your YouTube Analytics to view your statistics like watch time and video engagement
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