Have you been looking for ways to make money online? If so, you may be interested in how to make money with YouTube. There are billions of users on YouTube every single month. There are approximately 500 hours of videos being posted to YouTube each minute. With this being said, you can learn how to make money with YouTube. There are many different options for earning revenue on YouTube.
Becoming a Partner with YouTube
There is something called the YouTube Partner Program. This allows you to have access to different features on YouTube. Keep in mind that you will not be required to be a YouTube partner to make income on this platform. You could create an AdSense account to start making money. However, YouTube partners are making money more easily. This is because these partners can make income from different streams – ads, subscription fees from YouTube premium, SuperChat, merchandise shelves, and channel memberships. To become a partner with YouTube, you will need to do the following:
- Create your YouTube channel
- To join the YouTube Partner Program, you will need to have 4,000 hours of videos watched in the prior 12 months and have at least 1,000 subscribers
- Become a YouTube partner and continue submitting reviews regularly
If you become a partner with YouTube, you can make some income. There are other ways that you can make money with YouTube, as well.
Selling Merchandise
One of the other ways that you can make money with YouTube is by selling merchandise. Even if you want to be a content creator, selling merchandise will help you to bring in income. Some of the tips to help you start making money on YouTube by selling merchandise include the following:
- Make a list of ideas for products that you can sell (for example, if you have a YouTube channel that talks about your fashion company, you could sell t-shirts that feature your company’s logo)
- Choose merchandise ideas that you believe will make you more money
- You can even ask your viewers or subscribers what type of merchandise they would like to see from you
- Source and make your products
- Create your merchandise shop and the landing page
- Create a YouTube Partner merchandising shelf
- Promote the products that you are selling in the videos that you create and share
- Be sure to put links to your merchandise store in the descriptions of your videos
These are some of the tips for how you can make money by selling merchandise on YouTube.
Sponsored Content
Many people believe that you have to participate in Instagram to influence people. However, you can do this just as well on YouTube. In fact, you can use YouTube to create sponsored content. You will work with a brand and market their products in your videos. They will negotiate a pay that you will get if people buy from their site or buy a specific product or service. To start making money with sponsored content, you will need to do the following:
- Finding the brand(s) that you want to partner up with
- Negotiate and make the deal with them
- Sponsored content means you are advertising (be sure you are following Google’s Ad policies)
- Be transparent with your viewers and subscribers (let them know you are advertising for that brand)
Now that you know how to make money on YouTube through sponsored content, you may want to know how to make money directly.
Making Money from Your Fans
Sometimes, fans will send money to the people they subscribe to. To make money through this avenue, you will need to make sure you are creating great content. This makes it worth it for your fans to send you money. Some of the tips to make money from your fans on YouTube include the following:
- Hosting live chats and using SuperChat (this is where YouTube partners are able to live stream and the viewers’ comments are made visible for longer and pinner based on the amount they are paying)
- Encouraging fans to become members of your channel (if they join as a member, they will get badges, custom emojis, or access to exclusive chats with you)
- Encouraging fans to become subscribers to YouTube Premium (when someone with this subscription watches your channel, you will be getting a part of their YouTube premium subscription fee)
These are some of the ways that you can start making money from your fans on YouTube.
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Using Crowdfunding to Earn Money
You could also choose to use crowdfunding on a one-time or ongoing basis. In fact, many YouTubers are doing this these days. Whether you want to create revenue that continues to stream in with monthly donations or if you want someone to fund projects that you want to feature on your YouTube channel, crowdfunding is a great way to do this. If this is a route that you would like to take in order to make money with YouTube, some of the things that you will need to do include the following:
- Make sure you have your YouTube channel set up
- Come up with ideas for your crowdfunding campaigns (do you want to get money on a monthly basis, for a project, or for something else related to your channel)
- Setting up your crowdfunding account (there are certain crowdfunding sites that have been approved to use on YouTube – Patreon, GoFundMe, and Kickstarter are some of the ones that have been approved and that are used most often by YouTubers)
- Promoting your crowdfunding campaigns with your videos (continue to create great content in your videos but let your viewers or subscribers know why you are requesting money and what they will get if they donate or send money)
- Research various crowdfunding campaign strategies (this way you can learn more about how to make the most money from these campaigns)
- Spread the word on other platforms (you can and should spread your crowdfunding campaign on more than just YouTube – you can advertise it on Facebook, Instagram, other social media sites, and by word-of-mouth)
These are some of the tips that could help you to make money with crowdfunding. There are many YouTubers that are using this as one of their main sources of revenue. It could be the right choice for you, as well.
Licensing Your YouTube Content
If you are having videos or content on YouTube that is going viral, there are going to be news outlets that want to replay your content for their viewers or audience. This is a plus for you, as it gives you another way to make money with YouTube. You see, these news outlets already know that they will have to pay for great content. They are already willing to pay YouTubers for viral content. While there are numerous tips that could help you to make money with licensing your YouTube content, there are few tips in particular that you need to know about. These include the following:
- Always create great content and share it everywhere that you can (this increases the chances that it will get more views and become viral)
- Be everywhere online (have a website, join every social media site, and advertise your YouTube videos when you can – the more you do this, the easier the news outlets will be able to find you)
- Always keep the contact details up-to-date on your profile pages (do this on your social media pages and your website)
- You can get a business manager if you feel you need one to help you keep everything up-to-date
- Sign yourself up for video rights marketplaces (even if your videos aren’t viral yet, sometimes media outlets need a specific type of content to finish out their daily reporting and this just might be the content you have)
These are some of the many tips that can help you to start making money by licensing your content. Remember, just as with every other revenue source, if you create great content every time, you will have a better chance of making money. The better your content is, the more likely news outlets will be to buy your content.
Using Hootsuite
Another way that you can increase the chances to make money on YouTube is by making it easier to post your content everywhere. The best way that you can do this is by creating a Hootsuite account. With Hootsuite, you can do the following:
- Upload your content easily
- Schedule out your content (this way you don’t have to post every day, it will be scheduled to post for you when you upload and choose the dates and times)
- Promote all of your YouTube videos on all social media networks using Hootsuite (Instagram, Pinterest, Twitter, Facebook, etc.) – a single YouTube video can be posted once to Hootsuite and it will be sent to all your social media platforms
Hootsuite can help you to easily spread around your YouTube videos. This increases the chances that more people will see your content, subscribe to your YouTube channel, and follow you on YouTube. It also increases the chances that someone will send you money for your YouTube channel, as well.
These are some of the many ways that you can make money with YouTube. Now that you have these tips, start using them to increase your earnings with YouTube today.
