Starting a YouTube channel can be one of the most satisfying ways to express yourself creatively and develop an audience of devoted fans, but it can also be one of the most stressful ways to make money.
The two don’t necessarily go hand in hand (just ask any YouTuber who was able to quit their day job before they even hit 100 subscribers), but if you want to earn money from your videos, you’ll need some sort of strategy — something we’re here to help with! Here are 10 ways you can earn money from your YouTube channel.
1) Build A Community
Building a community around your videos and channel can be one of the most lucrative opportunities. Upload content that is beneficial to your audience and make sure they have a place where they can find you. Create conversations in the comments section on your posts or upload chats with popular YouTubers who create similar content.
Have a Patreon account, which is an online membership platform for creators where subscribers pay per month or per video uploaded, to fund the production of more videos. Offer different tiers for different levels of engagement, such as live chats and private messaging.
2) Sell Products
Have a store on your channel! Whether you’re vlogging about make up, clothing, electronics, or whatever it is that you are passionate about, make sure that it’s available for purchase in your video descriptions and/or on your website.
You could even partner with brands and offer exclusive content to viewers who purchase a product through a link from your video. (Don’t worry about this one if you don’t have a following yet!) You can also use Google Adsense and advertise other companies’ products by linking them to your videos.
3) Become an Affiliate Partner
Signing up for an affiliate program is one of the easiest ways to make money from your Youtube channel. Admitad collaborates with thousands of companies, just like the brands you already love, so you can get special offers and bonuses for shopping. To sign up for Admitad free affiliate program, all you need is a website or blog where people can click a link and get their purchase from the company in question.
4) Offer Services
Offering services on your channel is a great way to make money without hurting your content. Whether you’re giving away advice on how each recipe step in cooking a turkey, or teaching people how to recreate the perfect braided hairstyle, there are plenty of ways you can leverage the skills you have and have fun while doing it. If you feel like you’ve hit a wall when it comes to monetizing your videos and don’t know what else to do, offer some of your skills for hire!
5) Host Webinars
Hosting webinars is a great way to make money with your videos. By leveraging the power of social media and combining it with your video content, you can set up a course or offer an expert interview and promote it through your social channels. You may find that people are willing to pay for certain webinar opportunities if the topic is of interest.
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For example, maybe they want to learn more about improving their fitness routine but they don’t have time to attend a seminar. Asking attendees to provide their email address in exchange for access could be enough incentive.
6) Offer Consultations
One of the best ways to make money on your channel is by offering online consultations. Companies like Starbucks, Red Bull, and more have begun using popular YouTubers as their social media influencers because they get much higher engagement rates than they do with traditional marketing campaigns.
To date, a handful of creators have made in upwards of $50k each month with this technique! If you have expertise in a niche area or can demonstrate skills via video tutorial on your channel, there’s potential for huge earnings.
7) Create Niche Websites
A website can be the perfect solution for selling a product, or simply making passive income. There are plenty of ways to monetize websites, and some are easier than others. You could start a website that reviews your favorite books and get paid for each book review written. Or you could use an affiliate program like Amazon Associates where you link your website with their products and they will pay you every time someone clicks on one of those links. The possibilities are endless!
8) Promote Merchandise on Your Channel
Earn some extra cash by adding a Merch tab to your channel and linking it to your merch store. This can be anything, whether it’s branded shirts, mugs, or posters. You’ll want to start with something that you can offer in both digital and physical formats.
For example, if you produce gaming videos and have a dedicated following, then T-shirts are an excellent choice because they’re easy to ship and sell. For those of us who create content related to fashion and beauty, consider starting out with a boxed set of products like makeup brushes or hair clips before launching more expensive items like clothing collections.