Today I’d like to share with you 5 ways to make as much money as possible from your YouTube channel even if you’re somebody who’s just starting out YouTube on a brand new and small channel.
#1 YouTube ads
The most obvious way to make money on YouTube is YouTube ads. Even the viewers know that YouTubers from the ads that play on your videos. Google owns YouTube, and the way it works is advertisers like coke, pepsi, amazon, BMW, Mercedes and other companies give google a bunch of money to play their ads on YouTube. As a YouTuber, you can have those ads play on your videos and every time someone clicks those ads and watches the contents, you get paid for that. It’s not much money per view, but when it adds up, when you’re getting a lot of view, it will be good amount of money.
In order to start making money from YouTube ads, go ahead and make Google adsense account. To qualify to have google place ads on your youtube videos is 1. have 1000 subscribers and 2. 4000 hours of watch time.
#2 Sponsorship
Not only just people watch YouTube videos for fun, big company’s advertisers watch videos and see YouTuber getting so many view and having influence on society so instead of spending their money on billboards and TV ads, they’re starting to spend money on social media influencers. Even if you have small channel, you’re likely to get free product in exchange of review or unboxing video depending on your channel genre. As you grow your channel bigger and bigger, you’ll be more likely to get paid up to 200K or more.
#3 Marchandise
Having merchandise is also good way to make money on youtube. This is not for brand new YouTuber with 10 subscribers, but once you have around 1000, once you have 1000 people that are clicked subscribed button because they liked your previous contents, that means people would buy a shirt from you that has your channel logo or name on it.
The easiest way to handle your own merch is to hire company like teespring. They will do everything, from creating design to customer service. All you have to do is take percentage and give them a small fee.
#4 Digital product exclusive content
Through digital product and limited edition or exclusive contents, you can make good money. Digital product: make mentorship course to teach people how to do YouTube. It’s high ticket product, but for those that are very serious about learning YouTube strategies can buy it. Limited edition product: selling limited product on your merch store. Exclusive contents: Make few interesting free videos and tell them to sign up on your paid membership program on YouTube, which has access to watch more and exclusive contents.
#5 Paid collabs
Last thing is through collaborations and shout out. Find someone who’s in same genre and smaller size and if they’re down to pay you to collaborate and get shout out, go for it! As your channel grow, you’ll get emails and DMs asking for you to collab all the time. It’s always good to have businessy mind and try to do fair exchange for both of your needs.
