Youtube stars are the self-made celebrities in today’s scenario: people who have earned an audience by creating content towards, entertainment, reviewing and teaching and being awesome on the internet.
But before we get to know how you can make money on YouTube, you will need to know what your audience looks like first and what they are most interested in it.
How much money per view on a youtube video?
You will get $8 per 1000 views on a youtube video.
What are different ways of Making Money on Youtube
Just like being a blogger, your audience might unlock your earning potential, but it is a creation of multiple revenue streams that help you in making money.
Here are four ways in which you can make money on youtube:
- Become a Partner on YouTube and Make Money from Ads
The first revenue is an advertisement which is in short ads. Now, the question that is in your mind is how to get verified on youtube? Right. So, for this, you need to set yourself up as youtube partner, which can be done easily in the Creator studio section of your youtube account by simply going to the menu to verify your account and enable monetization.
- Make Money On your YouTube channel by Selling different types of Products or Merchandise coupons
Selling merchandise products like t-shirts, ebooks, tote bags, apps, you name it—can become a part of revenue. It increases a great exposure to your online brand and personality out there into the real world and builds a strong relationship between you and your target audience as they buy what you are doing.
3. Work With Brands as an Influencer or Affiliate
Nowadays, the brand is investing more and more in influence marketing, spending their large budget of advertising on influencers who have already won the loyalty of their target audience. This can be a great opportunity for you as a creator.
Depending on your leverage, your content quality, and how unique your niche is- you can negotiate a better deal if a brand is a good fit. According to a study, a mid-level influencer charges a brand on average of $300 to $600 per post.
The key to partnering your brand-sponsored content is to be transparent about it. Some influencers also offer you free products, while others are known for having a big brand who are willing to pay more and more. Focus on the products that best suits you and list yourself as many places as you can to ensure maximum publicity for your channel.
- Do Crowdfund For you Next Project
Most used crowdfunding sites with a track record campaigns from YouTubers include:
Kickstarter: This is one of the most well-known crowdfunding sites and great for funding cool products and creative projects.
Indiegogo: It is an alternative of Kickstarter that offers more flexible funding options. with an ease