In recent years, Youtube has exploded in popularity with over two billion monthly viewers and up to five billion videos viewed daily. Despite its immense reach, many content creators still aren’t aware of the potential revenue streams available through the platform.
Youtube offers various ways to monetize your content, depending on the type of videos you’re creating. Whether you’re posting vlogs, comedy sketches, music videos, or tutorials, Youtube can help you find ways to make money with your content, provided you have a strategy and you’re willing to put in the effort.
The easiest and most popular way to make money on Youtube is through Adsense. By signing up for an Adsense account, Youtube will place ads on eligible videos to display to viewers in exchange for a portion of the revenue. Advertisers pay for the number of views on the video, so it’s in your best interest to promote your content as much as possible to maximize potential earnings. However, Youtube also allows you to monetize videos with longer run times. Content creators can now apply for monetization eligibility of videos longer than 10 minutes.
If you have an extra flair for creativity, consider creating your own merchandise and advertising on Youtube to show off your products. Brands can now upload pictures of their product or link to their website within the video description for viewers to see and buy. All you need is a platform for selling your items and then link buyers back to your page. Creating your own merchandise can be a great alternate or complementary stream to the Adsense revenue.
YouTube automation is another way to make money on Youtube. Affiliate programs, such as Amazon and Apple affiliates, can help content creators get a commission for any course sales or products they advertise in their video. This is a great way to make extra money for content creators, and is especially useful for those promoting products in their industry that are related to a particular video.
Harnessing the power of Youtube means more than simply uploading videos and randomly waiting for success. Content creators need to understand the potential revenue streams that Youtube offers and create a plan to make the most out of their content. From Adsense, to merchandise, to affiliate marketing, Youtube offers a variety of ways to capitalize on your platform and make money. It’s all about having a strategy and the know-how to unlock these hidden revenue streams.
