Yes, everyone knows about YouTube money, but only a few can taste it. YouTube is no longer just a lonely nerd in his room making videos and getting paid. No, YouTube has become a whole business with its own rules, competition, supply and demand, and so on. This is what we are going to cover in this article.
Definition,
There is no need to introduce YouTube, the biggest video-sharing platform on the internet and one of the most lucrative businesses alongside blogging. This is predictable since the company behind YouTube, the one paying you for your videos, is AdSense, the same service you normally use for blogging. Until now, it’s the company that pays the most on the internet for displaying ads on your content.
How to Make Money from YouTube
Mainly, all you have to do is make videos, but you can earn through different methods. Of course, there are ads displayed on your videos once you are accepted into the YouTube Partner Program, which has become more or less hard to access since the last YouTube acceptance condition update. Now, you need to reach at least 1,000 subscribers (which is pretty easy compared to the second condition, which is accumulating 4,000 watch hours in 360 days). Let's be honest, YouTube has found the recipe to select only the most motivated and determined content creators. This also brings us high-quality and consistent content to see on this platform. So, in my opinion, this is a win-win policy, but it leaves us with questions: what about newbies who don’t know how to make good videos like MrBeast once did?
Well, fortunately, there are other methods to make money from YouTube. You can promote your own products or courses since YouTube provides free traffic for your videos! You can promote others' products as well if you don't have a product. Just search for some affiliate programs on the web, subscribe to them, and start making videos about their products. They pay you for every sale, and sometimes just for bringing traffic to their sales page or collecting potential customers' emails. This method can even make you earn more than the YouTube Partner Program, and it is mainly used by everyone. You certainly have seen some videos where the YouTuber talks about a product and how good it is. Well, this is affiliate marketing that they are doing.
YouTube recently even introduced a new program where they provide the product and you only choose the one you want to promote. You will be paid by YouTube itself every time someone buys the product or service. Unfortunately, if you opt for YouTube products, once again, there are some conditions to be eligible for that program: 500 subscribers and 3,000 watch hours in the last 365 days.
Tips and Advice
In this section, I will give the most well-guarded secrets of successful YouTubers.
Despite the requirement of providing good and high-quality content, original and valuable information, what YouTubers often forget to tell you is that this is not enough to succeed on YouTube. Your videos must be attractive and hook your audience. To do that, only one element is a must to learn: MONTAGE and EDITING!
Let’s say you have two videos on two different channels. One is a lazy, bad-quality filming guy in his room talking with a boring voice. The other one is a dynamic, electric, humorous, and energetic beast (wink to MrBeast).
Yes, you got it. Even if these two YouTubers are giving the exact same information, you will see much more subscribers and watch time on the dynamic video than on the boring nerd's video.
And this is exactly what makes the difference. It may appear to be not that important, but IT IS. So, master editing and montage. We should even write a whole article about that, so stay tuned! See you soon!
Disclaimer:
The content of this article is based on real-life experiences and observations. However, it's important to note that the processes and outcomes described may not be as simple or straightforward as they appear. Achieving similar results often requires perseverance, consistency, and individualized efforts. The experiences shared here are meant to offer insights and guidance, but individual results may vary. It's advisable to approach any endeavor with a realistic understanding of the challenges involved and a commitment to consistent effort.